[The following post is by TDV Chief Editor, Jeff Berwick] As we enter into the final stages of The End Of The Monetary System As We Know It (TEOTMSAWKI) gold is playing its role very well. Due to gold hitting an all-time high of $1,921.50 on September 6th, 2011 and now currently trading near $1,200 there has been a lot of negativity about gold. If you watch mainstream media in the US (which no one does anymore... CNBC just hit all-time record low ratings at the end of 2014) you get the impression that gold is not only dead but going much lower. However, in every other currency, other than the US dollar, gold advanced in 2014. If you live in Russia and have most of your assets tied to the Ruble gold performed its role perfectly in helping to preserve wealth in a time of monetary crisis.
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