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You will find some conflicting views from some of these authors. You will also find that all the authors are deeply concerned about the future of America. What they write is their own opinion, just as what I write is my own.
Showing posts with label currency collapse. Show all posts
Showing posts with label currency collapse. Show all posts
Global Economic COLLAPSE Happening NOW as Governments Scramble to Save Financial System!
Hard assets are your only protection.
Here is my priority list.
1. Long term food storage, and lots of it. Enough to last you for several years.
2. Water purification, or have your own water well.
3. Guns, ammo, and all related accessories, along with the proper training.
4. Communications gear and training, like ham radio.
5. Medical training along with the proper equipment and supplies.
6. A way to generate electricity, along with conditioned fuel that will last 10 years minimum.
7. Alternative ways to make electricity like solar, wind, hydro or whatever.
8. If you have all that covered, and still have some wealth to protect, then get silver.
NO, We’re In The Midst of A Global Currency Reset right now!
Let’s examine the rumors that are floating around.
1. The Fed Reserve will merge or absorb into the UST
2. There IS a global event that has been unfolding during the past ten-plus years. The Basel III Protocols (which includes the Global Currency Reset) have required the cooperation of many nations — 198, to be exact.
3. What gets in the way from time to time with regard to this Global Currency Reset (as has just happened in the past few days) is political maneuvering and disagreements that delay things.
4. Fiat currency is becoming a thing of the past due to ongoing pervasive fraud and devaluation of paper currency – now it will have to be backed by assets (precious metals, oil, etc.) China would like to take over the US’s position as holding the world’s reserve currency in hopes to have their currency backed by gold. However, Clinton mentioned in one of her speeches that Iraq will become the richest nation in the world due to its oil reserves. Thereby, numerous nations that hold the Iraqi Dinar are looking to the IQD becoming the global reserve currency.
Basel III (or the Third Basel Accord) is a global, voluntary regulatory standard on bank capital adequacy, stress testing and market liquidity risk. It was agreed upon by the members of the Basel Committee on Banking Supervision in 2010–11, and was scheduled to be introduced from 2013 until 2015; Basel III was supposed to strengthen bank capital requirements by increasing bank liquidity and bank leverage. 5. Precious metals (gold and silver) prices are manipulated. Currently the price is dropping. Why? Something big is about to happen. What?
How does the COMEX even still exist? Most people know they are way over extended, and that if everyone demanded their silver they would be closed down immediately.
Now this morning the banksters are driving the price of silver down UNDER $20 per ounce. What could their strategy be? Simple. The only people playing the over inflated stock market are the big banksters, and they are getting ready to get out of the stock market altogether. They need someplace to put those funds, and they are creating that place to go by manipulating the price of precious metals.
This has happened before. Look at 2007 and 2008. The stock market broke new all time records then at over 14,000 points, and silver was selling for less than $10 per ounce at one point. After that the stock market crashed, the big boys having vacated the market, and what happened to silver? The price bounced off of $50 at least for a few days, and has been gradually coming down since.
They are getting ready to do it again, with the stock market again at a record high of over 15,000 points.
They are manipulating silver to create a place to jump too just before the crash that they know is coming.
I thought that supply and demand worked exactly the opposite of that. Didn't a large supply and slow sales always bring prices down, and didn't a big demand for a particular commodity always drive prices up? The rare exceptions to this have to do with the computer technology that gets better prices as technology increases.
We are living in an age of computer models and programming that is entirely driving the markets in ways that don't make any sense. That can be the only explanation, and supply and demand has very little to do with it now.
Our silver customers have been paying attention, and they see this as an opportunity to preserve their buying power. None of them are in a panic to get out of silver, because they know that the precious metals always maintain their buying power in and after a currency reset. That has happened many times in history, and is about to happen again.
Watch this video from 2008 and you will understand this a whole lot better.
Robert Kiyosaki and Mike Maloney were exactly right, and the whole crash is still coming.
It's happening right now. Look at the prices of groceries and gas, just for a small part of the picture.
These are waves and cycles deliberately caused by the gambler banksters to line their own pockets, but this time the word is getting out and they are getting desperate, because they are being exposed.
In conclusion, now is the time to get all the silver you can get your hands on. It's not so much about the price right now, as it is about getting out of paper currency completely, including your bank accounts, even your operating capital. Use cashiers checks to pay bills and suppliers so the money is gone when you walk out the door of your bank. With the rest, buy silver you can hold in your hand, and stash it.
Listen to that video above several times, and realize they were talking about $850 gold, and silver at about $12 per ounce. Look at what those prices are today. This morning silver is being manipulated at $20 per ounce, and gold is $1200. That is a ratio of 65 to 1. Silver always, always outperforms gold.
So now is the best chance you are going to have. From now till the crash watch the price and buy in the dips, and get your hands on as much as you can.
The people in the video above called it exactly for 2008 and beyond, and they still have it exactly right for today, ONLY MORE SO. So if you have any wealth that is enumerated in federal reserve notes, either cash or bank deposits, GET IT OUT NOW!
Money
manager Eric Sprott isn’t worried about the heat he’s taken in the past few
years over the declining price of precious metals. Sprott contends, “You
get a lot of criticism because people think you’ve lost your marbles . . . our
views will be proven to be correct. We intensely analyze the gold and silver
market, and we think both will hit new highs at the end of the year or early
next year.” Bank depositors are at extreme risk. Sprott says, “The
shocking thing to me is, obviously, most governments now have put into place
legislation or rules in their banking systems for bail-ins . . . . And the fact
that all these countries are doing this means . . . this is what’s going to
happen.” Sprott goes on to say, “That is the ultimate win for precious
metals, and God knows what the price would be if it turns some of those
depositors into people who need to own gold and silver.”
Sprott
says extreme physical demand for gold and silver is draining supplies. Sprott
predicts, “Somebody
is going to fail here. All the data I look at says the Western central banks .
. . that have been selling gold are running on fumes now . . . so, it’s very
close at hand.” Join
Greg Hunter as he goes One-on-One with Eric Sprott, President and CEO of Sprott Asset Management.
Lately we have been selling a lot of silver at very
low prices from $24 to $ 26.50 per ounce. Those prices are like several years
ago when we got in this game, and none of my customers who bought silver even
much higher are willing to sell any because they understand what Mr. Sprott is
saying. The whole banking industry world wide is in big trouble and every day I
get new articles by many different people confirming that, and the orders just
keep coming in. We did one at 7 AM this morning for almost
$5000.
We have brought millions of dollars
of silver into Montana and other states and made it
disappear into the hands of patriots and concerned people nation
wide.
To get an up to the minute quote just call me
between 8 AM and 3 PM Mountain time on weekdays and we can lock your price on
the phone.
Over two years ago I heard that there would be, at some point, a total world realignment and revaluation of currencies and at the same time a crash of the federal reserve note compared to other currencies around the world. Since then I have been watching many different factors that seem to fall into place to back that up, but have not been able to see the big picture as to what might really happen, or clear evidence that these revaluations and realignments are happening, that is until I ran across this article.
TF Metals Report has put together a serious accumulation of research and conclusions that fit with everything I have heard and seen to date that leads me to believe it is about to happen, and not only will precious metals go through the roof, but other paper currencies will go way up in relation to the US federal reserve note, to the point that it will become almost worthless. You need to read this report and I would like to know if you agree with their conclusions and mine about what is coming and very soon. Please comment on this article at the comments link below.
This series is the best presentation I have seen on what money is and how to protect your wealth. It gets down to basics of intrinsic wealth. All fiat currencies go to zero in the end.
Published on Feb 26, 2013
Hidden Secrets of Money is a completely free series that reveals the economic reality that has been hidden from you in plain sight. Discover the secrets that will allow you to unlock the greatest wealth transfer in history. We created this new free video series to allow viewers to turn today's economic crisis into opportunity by simply learning from history. Hope you enjoy it. You can find bonus features here: http://goldsilver.com/hidden-secrets-...
Subscribe to this channel so that you are alerted to the next Episode releases.
Who is Mike Maloney? Mike Maloney is the author of the world's best selling book on precious metals. His personal journey with money and its secrets began over a decade ago, when he discovered that his financial planner had been losing his family's wealth for years.
It wasn't until Mike fired his financial planner and took control of his own destiny that he began unlocking the secrets that he shares with you today.
During a hyperinflation event, in retrospect, how much purchasing power will 35 to 40 ounces of silver have regarding commodities and assets?
We expect silver to gain about 3 1/2 times in purchasing power in terms of gold and oil. However, we expect many agricultural commodities to rise in price faster than gold and oil. Therefore, in terms of silver, we conservatively expect silver's purchasing power for food to approximately double. Therefore, if it costs $150 per week or 6 ounces of silver to feed your family today, we expect it to cost 3 ounces of silver per week to feed your family in the future.
In terms of Real Estate, the median U.S. home costs 6,550 ounces of silver today. We expect to be able to buy a median U.S. home in the future for below 1,000 ounces of silver and possibly as low as 500 ounces of silver.
To put it into perspective, if you stopped feeding your family today and saved all of that money, it would probably take 21 years of you saving that money to be able to pay for your house at its current price.
In the future, if you stopped feeding your family and saved all that money for just 3..2 years, that money would be enough to buy your house.
The point we are trying to make is, the cost of feeding yourself is about to rise dramatically compared to the cost of putting a roof over your head. No matter what, the best way to survive this upcoming crisis is by accumulating as much silver today as possible.
Silver should be selling for over $80 per ounce right now at it's normal price ratio of 16/1 with Gold over $1300 per ounce.
An Argentine opinion on the Global Financial Crisis, describing the whole Global Financial System as one vast Ponzi Scheme. Like a pyramid, it has four sides and is a predictable model. The four sides are: (1) Artificially control the supply of public State-issued Currency, (2) Artificially impose Banking Money as the primary source of funding in the economy, (3) Promote doing everything by Debt and (4) Erect complex channels that allow privatizing profits when the Model is in expansion mode and socialize losses when the model goes into contraction mode.
How will the Global Financial Collapse end? Are we on the way towards global war and world government?
I have been telling everyone for 2 years now to GET OUT OF THE BANKS!
Don't leave any "money" in any bank that there has not been a check written on. Don't leave any wealth that is not being used to pay bills in any kind of bank or credit union because you will lose on it daily.
Get out of the bank and get Silver or some other asset that is real, like food, or guns and ammo, or garden seeds, or fuel, or the dry goods you use every day and you know you will need. Those are the items that really become valuable during a currency crisis.
