New information...

Well, the European banks that have shorted gold in an effort to save themselves and drive the price down (which convinced me the price WOULD go down) may have a BIG problem on their hands. India has already started to buy oil from Iran using gold instead of the dollar. Beijing has indicated an interest in getting on board with that while Russia says it will buy Iranian oil with currencies other than the US dollar. Gang, this is TOTAL WAR! The effort to kill the dollar (which is trying to kill the euro) will mean destruction of supply (read food, clothing, heating oil and other stuff like that) that has only occurred in the past during a full-scale war. This time there is no shooting but the casualties will be civilians who can't eat or keep warm. Oil will be scarce and expensive and the currencies to purchase oil will be scarce and expensive. Iran is threatening to close the Straits of Hormuz, which would cut off the flow of oil from that region and the US is countering with the threat of military force to prevent that. The currency wars are threatening to become shooting wars. What a mess. If you haven't thought of what you would do to protect your family in case of severe shortages, this would be a good time. Change your mindset. Check my other blog at www.survivorscache.blogspot.com for some ideas and links to other valuable information. Read "The Creature from Jekyll Island" (see the link above) so you know what's behind all this. Ultimately, only you can take care of you. I've provided some ideas and there are plenty of others on the Internet. Make use of it. Precious metals may be the only good short-term refuge. Long term will be to be able to grow your own food, make your own clothes and get your own fuel. Don't wait.