Dear CIGAs,
It has to be obvious that when I post articles I am in agreement with them or will comment accordingly.
Armstrong has given two important messages herein that I agree with:
1. He has defined currency induced cost push inflation in the condition of debt failure.
2. He indirectly makes the point that gold at $1500 will be looked back at as a bargain, just as $248 gold is now.
This is worth the read, especially its conclusion, which in my words is you have not seen anything in gold yet. What is to come makes all of this a modest dress rehearsal.
So You Thought The Sovereign Debt Crisis Was Over?
Martin Armstrong
