Why We Can All Kiss This Financial System Goodbye - Michael Pento

Michael Pento gave this dire warning to King World News,

“You cannot, as a central bank, have a policy of creating inflation in order to keep yields lower.  That is why the deflationist’s fears in Europe are quickly turning towards an inflationary scare, and more specifically a stagflationary quagmire that will quickly expedite Europe into the abyss.”

The bottom line is we have a world which has been dominated by fiat currencies, and we are now experiencing the end, the final throes of that failed global experiment in a purely fiat money based system.  And the primary beneficiary of this collapse will be gold.” Source/full story Banzai7