Is Germany’s Gold Bullion on the table?

We have written much about the importance of gold & silver as stores of value.  Now, officials in the G20 have figured out that Germany’s gold reserves could help the European crisis but Germany says “No Deal”.  What this reply tells us is that gold reserves are now in the official discussions to resolve the sovereign debt crisis.  It looks like fiat currency is taking a back seat to the real store of value.  This is bullish for gold and silver prices as more people realize that the issuance of paper money will not fix anything but will only make commodity prices go higher.  See:

Those in power will attempt to keep the price of gold and silver at bay in the short term.  However, I expect extreme volatility and a general move upward.  Don’t let the wild swings scare you.

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