Doug: Yes, I’m quite serious about what I said about “the grim reality of impending currency controls.” As the global economy continues to deteriorate, governments will have to appear to be “doing something.” It’s going to become very fashionable to institute some sort of foreign exchange control.

Why might that be? Because obviously, people who are taking their money out of the country are unpatriotic… Besides, getting money abroad is obviously something that only rich people would do…and of course, it’s time to eat the rich, as well. For those two reasons, there won’t be much resistance to controls. And the state gets to appear to be “doing something.”

Read more: Protecting Your Cash http://dailyreckoning.com/protecting-your-cash/#ixzz0xGzoQeAH

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It’s always wise to listen to Doug Casey. This possibility – if it comes – will come on too quickly for the average man to protect himself.

Price Driven Forex Trading (PDFT) is a method of trading the forex market without using any type of indicators, support or resistance levels, moving averages, pivots, oscillators, fibonacci, trend lines or ANY other trading tool you can think of. PDFT only uses the price of the currency pair and a time element.

Prepare now.