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The Greatest Wealth Transfer & Opportunity In History – Fast Approaching
As far back as the Romans and Greeks, cultures have engaged in deficit spending. These societies have always engaged in larger scale wars, as nations expand into empires. Major drawbacks to economies or empires include the high costs to engage in these wars. Throughout history these wars have always been funded through too much government deficit spending. At the end the empires always collapse from too much debt. It is at this point where very large scale wealth transfers will occur, to those that are positioned correctly.
What is currently being done today to the US dollar greatly impacts it negatively. Which in-turn is negatively impacting every fiat currency in the world. Sadly today there is no culture, country or currency that is safe from the negative effects of the dollar. Basically stated, if the world’s reserve currency is sick and catches a cold it will become contagious. At that point all the rest of the currencies on the planet will become sick. The truth be told however, at this point the dollar is not just sick, it does not simply have a cold, it’s got terminal cancer.
The demise of our world-wide monetary system
At some point the dollar will finally implode after all attempts to stop the process have failed. It is the way governments and central banks have been addressing and trying to fix the problem that is making the problem terminal. As more deficit spending occurs and more money printing continues to mask the ill effects of debt, more and more potential energy is being created and stored upon the dollar.
Once this potential energy is finally released the resulting implosion will be so severe that the majority of people are going to be in serious duress and financial turmoil. The only few survivors will be those people who have prepositioned themselves ahead of time by holding physical precious metals namely gold and silver.
For every crisis that occurs an opportunity will follow
Many indicators today are telling us that this event is going to be the greatest opportunity in the history of mankind. The timing of this event of course cannot be pegged to any specific timeline. However it is safe to say it will happen in full force, before the current decade runs out. This decade will not be like anything of the past, nor anything that anyone alive today has ever seen or known. There are going to be major changes that will take place throughout world’s financial system.
The problems that were speaking about actually have already occurred throughout the world on a small scale. We have seen small pockets of these economic calamities occurring within our current lifetimes. Examples for the older generations look at the hyperinflation of 1923 in Weimar Germany. For the much younger generations we can look to the massive hyperinflation within Zimbabwe that occurred where in-fact there still trying to recover.
During these times people always had the option to hold their wealth in US dollars to keep from losing all their assets. But now, today, if all the currencies in the world are sick at the same time, suffering from the same huge inflationary forces, or worse a lack of confidence in each of the currencies, then at that point there is no place else to seek safety other than by holding onto physical gold and silver.
There has never been a world-wide demand simotainiesly, what is happening in the world today is actually a brand new phenomenon which is going to be absolutely huge. We will all be witnessing the greatest wealth transfer in the history of mankind. Therefore we will see the greatest opportunity of mankind. The good news however is for those who take action now; you will also be able to participate in it.
Tom Genot –
2012-09-09 02:10:04
Source: http://coinbullion.net/2012/09/the-greatest-wealth-transfer-opportunity-in-history-fast-approaching/
Source:
“” simotainiesly “” ?????
If this argument holds true, then to profit from this mess would be to go into as much debt as possible as quickly as possible. Then, that debt will be ‘inflated away’. When the government prints money, its a wealth transfer from the creditor, to the debtor, therefore, to take advantage of this situation would not be to ‘buy gold’ but to borrow as much fiat currency as possible, transfer that debt into a tangible asset (possibly gold), and then wait for the collapse. BORROW, BORROW, BORROW until there is NO TOMORROW. Remember the crash of 29, many people did just that, they borrowed massive quantities of ‘fiat’ currency, and ‘invested’ it in the stock market. That ‘overleveraging’ is what caused the crash, and the enabler was the ‘fiat’ currency.
IT IS NOT A TRANSFER OF WEALTH. DO NOT GIVE IT LEGITIMACY. IT IS A THEFT OF WEALTH. THERE IS A HUGE DIFFERENCE. THEFT OF WEALTH IS WHAT IT IS. NOT TRANSFER. THEFT, THEREFORE THE THIEVES (BANKERS) CHASE (JPMORGAN) / CITIBANK / ROTHSCHILDS AND ROCKEFELLER, CARNEGIE ARE THE THIEVES. BILDERBURG.