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<p>[QUOTE=&quot;Juan Blanco, post: 1559737, member: 41665&quot;]NorthKorea-</p><p>You edited out the most important qualifier of my post: &quot;It has not yet begun&quot; and &quot;I&#039;m not saying <i>this particular rumor </i>is the beginning.&quot; But when the Big Bullion Scramble starts, I don&#039;t believe the Treasury/Fed will be able to &#039;paper over the crisis&#039; again (and again.) My point? In the future there will be a CALL on real assets and a &#039;Day of Reckoning.&#039; And I <i>very much doubt </i>they&#039;ll be able to manage it; on the contrary. What you describe might only be possible by coercion - and Uncle Sam&#039;s system is too unpopular now. That scenario sounds like a stick-up and the End of Pax Americana to me. Woe is us, in the coming age of trade wars!</p><p><br /></p><p>I&#039;m not offering some whackoist flackey interpretation here: the Dept of Defense has analyzed variations of that strategem in war-games already. (Not declaring it&#039;s &quot;likely&quot; to happen as Jim Rickards says, either.) It&#039;s certainly food-for-thought and speculation, though.</p><p><a href="http://seekingalpha.com/article/806031-the-death-of-paper-money-and-the-reemergence-of-a-global-gold-standard" target="_blank" class="externalLink ProxyLink" data-proxy-href="http://seekingalpha.com/article/806031-the-death-of-paper-money-and-the-reemergence-of-a-global-gold-standard" rel="nofollow">http://seekingalpha.com/article/806031-the-death-of-paper-money-and-the-reemergence-of-a-global-gold-standard</a></p><p><br /></p><p>And while I agree that PGMs should be valued more according to scarcity (Pt 30x rarer than Au; Rh 150x rarer, etc.) that re-valuation would cripple certain strategic US industries - the military-industrial complex would <u>not</u> allow PGMs to be monetized. That&#039;s the least plausible component of your consequences IMO, but I personallly cannot fathom how far/many directions &#039;this Big Bullion Scramble&#039; might go.&nbsp; I cannot see past January, lol.</p><p><br /></p><p>Inevitable as I suppose the Gold moonshot will be, &#039;the Big Bullion Scramble&#039; will probably be overshadowed rather quickly by other, bigger coincident issues. (The collapse of the global financial system as we know it - for example.) We were pretty darn close in 2008, I believe.[/QUOTE]</p><p><br /></p>

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