[rice paddy daddy]

Just common since before a collapse they will do everything posible to drop the price of precious metals so they can purchase as much as possible. But the time when you will know the CRAP is about to hit the fan is when governments start demanding their citizens trade in their gold for paper money because that will be about the only currency that will be universally accepted between countries. Several countries are trying to repatriate their gold that is being held in the US, and even Texas is trying to get its gold reserve back but our government is fighting them at every step.

I do not believe the US has much gold. The gold that is allegedly in Fort Knox has never been publically audited. The vaults may very well be empty. It would not suprise me at all.

 

[rice paddy daddy]

There is a move afoot, by Russia and a few OPEC countries to no longer trade oil exclusively in US dollars. If that happens were are in a world of hurt, this is the biggest thing propping up the dollar.