The US dollar being the world’s reserve currency where other central banks have taken comfort for decades, now is fundamentally broke. The world’s reserve currency is now broke because of the accumulated American debt that can no longer be controlled.

These days the politicians elected into government and tasked with responsible policy making, don't have the political will do right thing. They refuse to turn things around, to stop the slow train wreck that's approaching. Some believe this slow train wreck will arrive sometime around 2015. This train has been built upon the tracks of circumstance, with decisions that were created re-actively, thus now it's running out of control…

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The latest analysis involving of central bank reserve managers shows a major modification within their “official” reserve holdings. It appears this major modification extends well into the next decade. The change is a deliberate increase of gold accumulation within the holdings of central banks.

Currently were already seeing central banks acquiring larger amounts of gold bullion. Gold bullion reserves that were reported have surpassed 439.7 tons last year. This is seen as the largest annual increase in nearly 50 years, which does not include any major un-reported purchases during this time. It is well-known that many central banks have snapped up tonnage when market prices are at near bottoms on market corrections...

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Gold does not have very many industrial applications or everyday uses in general. However the one thing gold has always been good for, is value protection. Throughout history gold has always maintained its true value regardless, the economic circumstances it encounters. Currency devaluation is always accompanied by inflationary monetary policy.

Gold has always been used as a hedge against devaluing currencies including the US dollar. Silver has always had a high industrial demand. However now it is also being used to hedge inflation being dubbed the “poor man’s gold”....

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