It’s becoming increasingly clearer that the time to buy gold and silver is upon us. Read this article from the Telegraph explaining how US Treasury Secretary Tim Geithner shocked global markets by revealing that Washington is “quite open” to Chinese proposals for the gradual development of a global reserve currency run by the International Monetary Fund.
The result of that announcement? The immediate plunge of the U.S. dollar against the euro, yen, and sterling. As the article goes on to say, the mere fact that the US Treasury Secretary is even entertaining thoughts that the dollar may cease being the anchor of the global monetary system should tell you something. And that something should be to start your own gold-backed savings account and buy gold today to protect yourself against what’s in store in the not-too-distant future.