Thousands of people are flocking to gold and silver savings. Hordes of middle class and working class people have realized that paper money is worthless. Thousands are phoning coin dealers and jewelers in an attempt to acquire gold before the collapse. In China, where the public is encouraged by the government to own at least 5% of their wealth in gold , gold is sold at a premium. The reason is that demand has more than out paced gold supplies. Estimates are that soon gold will not be available in the West or that the government will confiscate gold as a means of forcing the public to use paper currency.
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