I would not be surprised to see the G-20 monetize at least 20% of the U.S. debt markets. THAT MEANS …
Gold would be priced at over $10,000 an ounce.
Currencies would be devalued by a factor of at least 12 to 1, meaning it would take 12 new dollars or euros to equal 1 old dollar or euro.
That's Larry Edelson at Money and Markets. I don't know what to say. Buy gold.
Also see this montage of clips by Peter Schiff, who predicted our current financial mess whilst being laughed at.