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
"Some interesting information has come to light ( from the renaissance period ) which explains that…"
"Yes, the whole whistleblower situation is getting more intense, especially with all these bombshell…"
Silent and Blue
Thought I'd lost myself todayThe meaning seemed so far awayThen you slowly faded into disarrayI…See More
Disturbing Videos That Left Me Needing Answers!
#disturbing #video #strange #scary #scaryvideos #strangevideos This is a compilation of the most disturbing videos on the intern...
I’m thinking a great model for a bra ad?
"Gravitation, the ultimate enemy of breasts. A bra is recommended. "
The Noticing Continues
American woman says “I’ve had enough” of the white hate pushed on the populationQ“We're the only…See More
"cheeki kea Thank you very much for the useful information! I will distribute this as much as…"
" Hi there FREEDOMROX it's an interesting and important question you pose. We are all…"
"The Leftwing Warfare Apparatus comes at us from many directions. Any place, any time, but for…"
© 2025 Created by truth.
Powered by
You need to be a member of 12160 Social Network to add comments!
Join 12160 Social Network