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I’m writing this RANT Thursday afternoon – nearly in tears, and I’m NOT KIDDING. The Fed just announced overt QE3 – no ifs, ands, or buts – and the FUSE on the “keg” representing the time to PROTECT YOURSELF has been lit – shortly to EXPLODE…
Fed Folds: Will Do Open-Ended MBS Buying, Extends Operation Twist
The past year has witnessed exponential acceleration of the factors that caused Global Meltdown I in late 2008 and Global Meltdown II in late 2011; let alone, last Fall’s ALL-TIME HIGH in gold, and last Spring’s CENTURY-LONG HIGH in silver; the latter of which is now assured to make the “ULTIMATE QUADRUPLE TOP BREAKOUT.”
Long-time readers know my view that HYPERINFLATION was long ago GUARANTEED; in fact, dating to August 15th, 1971, when the U.S. sealed the ENTIRE WORLD’s fate by abandoning the gold standard; under the guise, no less, of “protecting the dollar”…
Nixon Ends Bretton Woods International Monetary System
EVERY fiat currency regime throughout history has COLLAPSED, and EVERY new attempt will do the same…
However, NONE will do so more spectacularly than the current version; not of a single currency, like the dollar – but ALL currencies, as for the first time EVER, not a single nation’s currency is backed by ANYTHING. The fiat dollar is the “anchor” of essentially ALL the world’s 182 fiat currencies; and thus, when it goes, EVERYTHING goes. And I ASSURE you, it will – and right soon!
Back in June 2009 – before they abandoned their “good, smart” roots to become Facebook pumpers and dumpers, the National Inflation Association was a bastion of wisdom and truth. To this day, their videos – the best of which were produced by my good friend Daniel at Future Money Trends – are the best educational pieces I have seen on the topic of inflation. They are all archived on the NIA website, such as the one that inspired this RANT, the 30-minute piece below – “HYPERINFLATION NATION”…
In the annals of time, September 13th, 2012 will be remembered as an inflection point in public PERCEPTION about the REALITY of HYPERINFLATION. I believe the “DAY THE DOLLAR DIED” is coming soon – perhaps DEAD ON with the December 2012 date forecast by the NIA – and with it, the END to your ability to PROTECT YOURSELF…
PROTECT YOURSELF, and do it NOW!
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2012-09-18 19:04:41