Gold Today: Are we facing a global monetary collapse in 2011?

Ian Gordon believes there is a 20% chance of a total seize up of the global financial system during 2011. He is certain current Fed policy will fail now just as it did during the 1930s to avoid another Great Depression. Why has the Fed continued to carry out policies that failed during the last major deflationary event? Perhaps it’s because those same policies did appear to work during the spring, summer and fall seasons of the 60-to-70 year Kondratieff cycle. It worked every time under Alan Greenspan’s watch. But Greenspan never faced the bursting of a credit bubble. That happened under Bernanke. No Federal Reserve Chairman has been challenged with a financial problem of this magnitude since the 1930s. Indeed, the problems confronting the Federal Reserve after the stock market crash in 1929 were rather minor compared to what not only faces the Fed now, but the entire global banking system. Ian will suggest what you can do to prepare for this impending calamity.

 

Ian Gordon is a globally renowned economic forecaster and author of “The Long Wave Analyst” newsletter. A student of economic and investment history, Ian’s unique analysis of the cycle has garnered great praise from many notable sources including some exceptionally well-known investment managers. Ian is a consultant to many mining companies and has assisted many junior mining firms in raising capital over the past number of years. Ian was perhaps the first investment professional anywhere to recognize that the markets were about to give birth to a new secular gold bull market when he started writing his Long Wave Analyst newsletter in the late 1990s. He was also one of the first financial professionals to begin aggressively raising capital at the very start of this secular bull market in gold.

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