Just one more thing to consider.
James Rickards, a top adviser for the Pentagon and CIA, is sounding the alarm that America is on the brink of a global "financial war."
Currency Wars
During James Rickards' testimony in from of the Treasury, he unapologetically stated: "Ben Bernanke is more dangerous than al-Qaida."
"Rival nations and terrorist organizations are developing capabilities in unconventional warfare," Rickards commented in a Newsmax interview. "Things like cyber warfare, biological or chemical warfare, and now, financial weapons of mass destruction."
And this "financial war" is a battle America isn't prepared to win.
Rickards believes that as this conflict escalates, it will "cause oil to skyrocket above $190 a barrel, gold to surge to $3,000 an ounce, and, in its aftermath, it could completely decimate the wealth of millions."
Read Latest Breaking News from Newsmax.com http://www.moneynews.com/MKTNews/james-rickards-currency-wars/2013/01/25/id/473012#ixzz2Nv9qnesg (http://www.moneynews.com/MKTNews/james-rickards-currency-wars/2013/01/25/id/473012#ixzz2Nv9qnesg)
I think that the Chinese are the worst enemy. If they can get away with their computer hacking they can cripple our financial system not to mention national defense.; This is our biggest threat. We know what to do about the Korean missles.
Quote from: simpsonofpg on April 12, 2013, 05:44:48 PM
I think that the Chinese are the worst enemy. If they can get away with their computer hacking they can cripple our financial system not to mention national defense.; This is our biggest threat. We know what to do about the Korean missles.
You must remember "hacking" can go both ways. They now have more money to lose then we do. That's why they're putting it in gold.