"I have a contact who knows Jim Willie who told me that he's a great guy and believes everything he says but is a bit of an alarmist. I would take his comments regarding a new currency very lightly."

I don't have a subscription to Jim Willie's service and I don't know the guy personally but I have read his analysis and commentary of the current financial debacle and cannot help but conclude that he stands on firm grounds and has his head firmly grounded. I don't find him an alarmist at all. In addition, I have found postings on other websites reflecting exactly what Jim Willie is talking about in his interview with Al Korelin about the coming of new currencies backed by gold and silver. Perhaps those who choose to take his comments regarding a new currency very lightly are the ones who need an alarmist awakening!

http://tinyurl.com/3fxdv7