Gold, Debt Collapse, and Global Realignment

Bill’s articles today argue that the current strength in the gold market is not merely a reaction to inflation, but rather a symptom of a much larger, systemic unraveling of the Western, debt-based financial order. He integrates the insight of an associate, Daniel DeNeve, who posits that profound global instability is synonymous with the early stages of a debt-based collapse and a shift toward a multi-polar, mercantilist global economy. Evidence supporting this thesis includes historic gold stockpiling by BRICS nations as a form of de-dollarization, a disconnect between paper and physical gold prices, and the backdrop of a massive, unpayable global debt crisis. Ultimately, Bill Cara advises investors to view gold and silver not as a cyclical trade, but as an essential, non-sovereign hedge against the impending devaluation of fiat currencies and sovereign debt.