The Beginning of Global Economic Chaos

With the mainstream media focused today on the rioting and civil unrest in Greece, the Dow Jones plunged this afternoon from a decline of 400 points to a decline of nearly 1,000 points within minutes, before rebounding to finish the day down 347.

Meanwhile, the price of gold surged $34.40 to a five-month high of
$1,209 per ounce.

NIA believes U.S. stocks are extremely overvalued in terms of real money, gold and silver. One of our top ten predictions for 2010 that we announced on December 21st, was that we would see a sharp decline in the Dow/Gold ratio from 9.3 to below 7.

After today's decline in the Dow and rise in the price of gold, the
Dow/Gold ratio finished the day at 8.7. We expect this downward trend in
the Dow/Gold ratio to accelerate in the weeks and months ahead.

On March 5th, 2009 with the Dow Jones at its low of 6,594.44, almost all analysts on Wall Street were proclaiming that the U.S. would experience deflation for many years to come. However, NIA released an article that day entitled, "The World is Awashed with Dollars". In this article, NIA said, "It's a real shame that those who lost most of their money in the stock market and Real Estate bubbles, and are now finally selling out after these markets have
already collapsed, are positioning themselves to get wiped out all over again through massive inflation."

NIA went on to say, "As the inflation being created today starts to work its way through the system, U.S. stocks and Real Estate will eventually start rising in value again." NIA then said, "Most of the money that is presently being created by the Federal Reserve is being hoarded during this temporary deflationary phase. As the government continues to bail out every bank in existence and pass larger stimulus plans, all of the Dollars being squirreled away around the world will soon come out all at once."

The Dow Jones went on to rise as much as 70% after our March 5th, 2009 article and while analysts today are proclaiming the U.S. economy is in the midst of recovery, NIA recognizes the entire rise in the Dow Jones has been due to nothing but inflation. This week's dip in the Dow Jones is only going to persuade the Federal Reserve to keep interest rates at 0% and create further monetary inflation. This will add more fuel to our economic "Meltup" and could lead to hyperinflation a lot sooner than we previously expected.

Standard & Poor's recently downgraded Greece bonds to junk, yet still rates U.S. bonds as AAA. The only thing separating U.S. debt from Greece debt is the Federal Reserve's printing press. NIA believes monetization is even worse than default, and U.S. debt already deserves to be rated junk right now.

The mainstream media puts too much stock in credit ratings agencies; they have already forgotten how Standard & Poor's and Moody's rated CDOs as AAA that were backed by BBB or lower subprime mortgage bonds and didn't downgrade them until it was too late. The media only sees what is happening now, they don't have the foresight to see what crisis will occur next. The debt crisis in Greece is being used to distract Americans from the real debt crisis in the U.S. The rioting and civil unrest in Greece today is nothing compared to what could happen in the U.S. when the U.S. government is inevitably forced to default on its social security obligations.

NIA will be conducting an interview this evening with Gerald Celente, who we consider to be the most accurate trends forecaster of all time. We will be using footage from our interview with Mr. Celente in our new documentary 'Meltup', which will be out later this month. We highly recommend that you visit Mr. Celente's Trends Research Institute web site at http://www.trendsresearch.com and subscribe to his
Trends Journal.

If you would like your friends and family to be the first to see Meltup, please tell them to become a member of NIA for free by subscribing today at http://inflation.us

Views: 42

Comment

You need to be a member of 12160 Social Network to add comments!

Join 12160 Social Network

"Destroying the New World Order"

TOP CONTENT THIS WEEK

THANK YOU FOR SUPPORTING THE SITE!

mobile page

12160.info/m

12160 Administrators

 

Latest Activity

Doc Vega posted blog posts
6 hours ago
Less Prone favorited MAC's video
21 hours ago
MAC posted videos
yesterday
FREEDOMROX favorited cheeki kea's blog post Nicotine Destroys Nanobots in Shots ( new finding )
yesterday
FREEDOMROX posted a blog post

THE END GAME HAS BEGUN!

I know many knew this was coming, but now it is here. What will you do? I know what all good men…See More
yesterday
FREEDOMROX posted a discussion
yesterday
FREEDOMROX posted a video

Dr. Sherri Tenpenny: One World Government Is Here - UN Pact For he Future

https://www.youtube.com/watch?v=EdR3W2eRBZcShould you want to donate, I would very much appreciate it. I have a PayPal account under smilinrocks@gmail.com.Pl...
yesterday
Doc Vega's 4 blog posts were featured
Wednesday
tjdavis's 3 blog posts were featured
Wednesday
cheeki kea's blog post was featured

Nicotine Destroys Nanobots in Shots ( new finding )

Here we see self assembling constructions being annihilated before our very eyes. Something to be…See More
Wednesday
Less Prone favorited MAC's video
Wednesday
tjdavis posted blog posts
Wednesday
cheeki kea posted a blog post
Wednesday
cheeki kea posted a photo
Wednesday
Doc Vega posted a blog post

In The Absence of True Heroes

In The Absence of True Heroes  Twisted echoes all aroundAll those convoluted soundsAll those…See More
Tuesday
MAC posted a video

🛑 BREAKING! U.S. CONGRESS IS PREPPING FOR A 'MASS CASUALTY' EVENT BEFORE ELECTION | Redacted News

Aura: You can go to our link https://www.aura.com/redacted to try 14 days for free. That will be enough time for Aura to find out if any of your personal dat...
Tuesday
tjdavis posted a video

If This Doesn't Wake You Up, I Doubt Anything Will.

1,000,000 MUST WATCH - See This Before It Is Deletedmessage strange truth world news current events 2024 today this week this month motivationIn a world wher...
Tuesday
tjdavis posted photos
Tuesday
tjdavis posted a blog post
Tuesday
Doc Vega posted a blog post

Homeland Security Admits 5 Assassination Teams Inside the US

 As amazing as it seems after 2 failed assassination attempts in 2 months we have, yet another…See More
Monday

© 2024   Created by truth.   Powered by

Badges  |  Report an Issue  |  Terms of Service

content and site copyright 12160.info 2007-2019 - all rights reserved. unless otherwise noted