Sunday, September 19, 2010
Thursday, September 16, 2010
Hyperinflation and Unemployment Two Signs of Serious Trouble
The big news from yesterday was the rise in the price of gold. It went up $24 to a new all-time high. The stock market was just about flat.
What does it mean?
Well, the dollar is going down, for one thing. Bonds too. Has the long-awaited turnaround in the bond market finally begun? We don’t know. We really didn’t expect it so soon.
John Williams, who keeps track of what is really going on in the economy at his “ShadowStats” outfit, says to expect hyperinflation within 6 to 9 months.
Seems too early to us.
But a major turn in the bond market…and much higher inflation rates…are coming. And you don’t want to be holding US bonds…or muni bonds…or any kind of bonds when they arrive.
What then?
Cash and gold. Those are the only reasonably safe positions now. Your gold will go up. Your cash will go down. You’ll come out even. That will be a lot better than most people.
Entire Article HERE
Thursday, August 19, 2010
The Purpose Behind Engineered Economic Collapse
In light of this entrenched way of perceiving things, especially in the U.S., it is difficult enough to convince some people that the economy is in fact not providing the security they desire, but is actually destroying their future completely. To explain to them that this is deliberate, that the economy is designed to self-destruct, that is another prospect altogether.
Entire Article HERE
This is an informative video about money, hard currency, banking & debt. Another piece of the puzzle on how we got where we're at. If you have 48 minutes it's a great lesson.
Monday, July 26, 2010
HYPERINFLATION OR HYPERDEFLATION?
of Money (QTM). It draws an analogy between Weimar Germany of 1923 and the United
States of 2010. Both precepts are invalid. As far as the QTM is concerned, it suffices to point
to the very fact, admitted by Turk, that it is possible to have a shortage of money
simultaneously with the overworking of the printing presses. Hyperinflation is not the same as
the ultimate inflation of the money supply. It is the ultimate depreciation of the currency unit.
The two concepts are far from being the same, QTM notwithstanding.
Entire Article HERE
The Death of Paper Money
People’s willingness to hold money can change suddenly for a "psychological and spontaneous reason" , causing a spike in the velocity of money. It can occur at lightning speed, over a few weeks. The shift invariably catches economists by surprise. They wait too long to drain the excess money.
Entire Article HERE