Gold & Silver off to the races
The system is bankrupt
There has never before been a time in history when most sovereign nations are bankrupt and when the financial system only survives due to false accounting. (Banks are allowed to value worthless toxic debt at maturity value rather than market value). So sadly we are now likely to start the next phase in the world economy which is a hyperinflationary depression. Hyperinflation arises as a result of money printing which leads to the currency collapsing. Whilst the price of most goods and services go up dramatically with hyperinflation, most of the assets that were financed by the credit bubble like stocks, bonds and property will collapse in real terms i.e. against gold.
Shangri-La or Ponzi Scheme
As the focus shifts to the USA during the autumn, there will be pressure on the US dollar which eventually will put strong upward pressure on interest rates. The free money bonanza with zero interest rates will come to an end with US rates (and others) soon starting their journey to double figures. Governments and central bankers must have thought that they had invented a financial Perpetuum Mobile. First you set interest rates at zero and then you print and borrow unlimited amounts of money since it is all free. This way we can all experience Shangri-la. But sadly, governments have not reinvented paradise but only been busy creating a fraudulent Ponzi scheme. And like all Ponzi schemes this one will also collapse which will create worldwide social and economic misery for many generations to come.
continue reading http://goldswitzerland.com/general-commentary/
Comment
-
Comment by truth on August 24, 2012 at 1:58pm
-
Major Development in Precious Metals: “The Time to Buy Cheap Will Soon Be Gone”
With the Congressional Budget Office reporting that the United States will soon fall off the fiscal cliff unless the government takes immediate action, the Federal Reserve weighing another round of heavy-hitting monetary expansion, and the Republican Party now apparently jumping on board the gold standard train, the stars for precious metals seem to be in alignment. So says Peter Schiff, CEO of Europacific Precious Metals.
Having been ahead of gold’s massive upward move years before the bursting of the real estate bubble and crash of 2008, Schiff says there has been a “major development in precious metals,” and if you don’t have http://www.shtfplan.com/precious-metals/major-development-in-precio... gold or silver yet, this may be your last chance before they head to new record highs.
Gold & Silver/ Precious Metals
"Destroying the New World Order"
THANK YOU FOR SUPPORTING THE SITE!
Latest Activity
- Top News
- Everything
Sydney Sweeney Has Great Jeans - Outrage AI Parody Song
"Props to Schottenstein on his foray out of the woods that was DEI and wokeness. "
"One of the theories floating around was Hilary Clinton's brother Hugh, was the one…"
Sick sci-fi sex fantasy written by Epstein's first benefactor people say inspired his twisted island... before author's SON ended up arresting him
By JAMES REINL, US SENIOR REPORTER Published: 08:45 EDT, 3 August 2025 | Updated: 10:41 EDT, 3…See More
EPSTEIN MAXWELL HIDDEN DOCUMENTARY
Real Time Intel Exclusively On Telegram t.me/brainwashed444
Sydney Sweeney Has Great Jeans - Outrage AI Parody Song
AI Parody Music Video poking fun at the online hysteria surrounding Sydney Sweeney's American Eagle jeans campaign.✅ Blue jeans✅ Blonde panic✅ DEI gone wild✅...
How "Free" P*rn Sites Really Work (and Who Runs Them)
Excerpt from This Past Weekend w/ Theo Von #559 Laila MickelwaitFull Episode: https://youtu.be/9J7187j4PO4?si=2GUNymssKJpe6nEvFind Theo Von:Website: https://...
Charles Manson Talks About The Global Elite
"I've had my account with YouTube terminated before over bullshit excuses because they…"
Charles Manson Talks About The Global Elite
"Remember, though he makes his points, this man used the Beatles White Album as his own manifesto of…"
Strange Videos That Expose Something Massive
#disturbing #video #strange #scary #scaryvideos #strangevideos This is a compilation of the most disturbing videos on the internet, not only...
© 2025 Created by truth.
Powered by
You need to be a member of 12160 Social Network to add comments!
Join 12160 Social Network