Great points you raise KING.
If I may add to your discourse....a question of sorts.
In our opinion...do you beleive that the ruling banking elites will be able to corner the gold markets in the meltdown eventuality you paint?
I suppose the one sticking point for me in these fiat currency doomsday scenarios, is th egalring absence of the very real fact that most of the world's un-tapped gold reserves are owned and controlled by banks and governments.
I recall a historical footnote where the u.s government banned the physical ownership of gold, for ordinary citizens.
Yes, I agree in principal that it would seem prudent to be invested in gold as a midterm strategy, but I fail to grasp where the efficasy would continue fo such a strategy; wherein the final analysis these same greedy ruling banking elite can control the levers of global gold output in the end.
What would you do, if suddenly it became illegal to own or transact for goods or services using physical gold/silver? Where the fiat currency has all but collapsed. Leaving only govermnetal/banking instutions with thos priviledges?
I'm not sure if the coming crisis will be an all or nothing sceanrio..a total collapse, verses complete recovery..as always I suspect somewhere in the middle will occur.
If i'm right (that's my gamble)...then LBSR would certainly be a dream come true, if resources were proven substantial, with proper financing in place.
Excuse the unorganized ramblings...i'm multitasking at the moment.
Thoughts?
TIA
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