Category Archives: silver

The IMF Threatens to Kill the U.S. Dollar 

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So you think it can not happen to the USD? Well it happens all the time to fiat currency. Especially fiat that is backed by nothing but credit and promises to pay. Our curse is that the USD is the world reserve currency. So when the music stops where do you think ALL those dollars go? Like cattle and sheep at night, they come home. Remember the wheelbarrows in Germany?

dollar_devaluation

According to Bloomberg and other sources, the International Monetary Fund is expected to announce a reserve currency alternative to the U.S. dollar on October twentieth of this year, which experts say will send hundreds of billions of dollars moving around the world, literally overnight. This announcement is expected to trigger one of the most profound transfers of wealth in our lifetime. Bloomberg reports that this decision comes on the heels of China pushing for their own currency to be elevated to reserve currency status. So if you want to protect your savings & retirement, you better get your money out of U.S. dollar investments and into the one asset class that rises as currencies collapse.

Source: The IMF Threatens to Kill the U.S. Dollar – Wholesale Direct Metals

Dollar versus gold: Which is true wealth?

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All I can add to this piece is that if you are ALL in ca$h, beware. There have been many bail-ins in recent months, what’s to say that it couldn’t happen here? Are we really that naive to believe we are bulletproof when it comes to the world bankers?

Many tens of thousands of people who have their trust in the government system (U.S. currency) are headed dead ahead into impoverishment. Why do we say this? The answer is because financial (U.S. dollar) assets are in a slow motion crash.

Source: Dollar versus gold: Which is true wealth? – Personal Liberty

Back to Basics: Debt Considered

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In today’s electronic world of digits instead of coins you may be considering a conversion to “REAL” money.

If you still need a reason to consider some hard asset that is easily converted into food, water, ammo, etc, please consider what happened in the last great depression..

And what happened during the most recent crisis in Cyprus…

Debt makes the world go round – Anon. Money at present, as we covered in the previous chapter, is merely a debt that a government owes you that can be used to pay for another debt of your choice. Now, if money – the basic medium of all transactions – is debt, what happens when this translates into something a bit more “sophisticated”? Think along the lines …

Source: Back to Basics: Debt Considered – Inside BullionStar

U.S. Launch Of QE-IV To Trigger Frightening Bond And Currency Collapse, Hyperinflation And A Silver Move That Will Shock The World

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The biggest takeaway is that JP Morgan has amassed a huge amount of silver bullion.  A billion worth of silver which represents at least half the available deliverable supply.

stack-of-silver-bars

All currencies will eventually be priced in gold and silver.  Makes you wonder why bond yields are spiking.  Hum…

Today the man who has become legendary for his predictions on QE, historic moves in currencies, and major global events warned King World News that the U.S. launch of QE-IV this year is going to trigger a frightening bond and currency collapse, hyperinflation and skyrocketing gold and silver.

Source: U.S. Launch Of QE-IV To Trigger Frightening Bond And Currency Collapse, Hyperinflation And A Silver Move That Will Shock The World | King World News

UN Gold Standard On The Way?

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As the dollar is continually challenged by the world markets, the coming demise is only inevitable. The worlds’ commodities are traded in the dollar and will soon be subject to true price discovery. I find it hard to believe that the world will put up with another insidious creditor, the US government.

Convert your fiat while the price is low.  Do not be one of those that are chasing the price higher.  Consider Gold by the gram here.

The US dollar’s position as the dominant reserve currency is coming under assault from at least three directions. The UN announced in 2009 plans to mint silver and gold coins to be used in international trade. Socialist economist Joseph Stiglitz, a Nobel laureate, and who chaired the UN Conference on Trade and Development (UNCTAD) said it shows… “… a growing …

Source: UN Gold Standard On The Way? – Affluent Investor

A Financial Wipeout Is Coming That Will Shock The World As Governments Move To Control People

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Today the man who remarkably predicted the collapse of the euro against the Swiss franc warned King World News that a financial wipeout is coming that will shock the world as governments move to control people.

Source: A Financial Wipeout Is Coming That Will Shock The World As Governments Move To Control People | King World News

US Dollar as Reserve Currency – Credibility Inflation

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This is a very well presented piece on the “actual value” of the world reserve currency.  It is incredible that the banksters have been able to scam for so long.  

My answer, END the FED and convert to gold and $ilver.

Why is anyone willing to save in worthless fiat denominated paper promises in the first place? How’s the credibility of the US government for example?The prominent Austrian economist Antal Fekete, whose writings I strongly advice anyone with an interest in monetary economics to study, is arguing in this piece that “only simpletons would on their own free will choose to save in the form of hoarding irredeemable promises, whether the promise has been issued by a bank or directly by the Treasury.” Fekete furthermore correctly points out that paper promises ultimately lose all their value.

via US Dollar as Reserve Currency – Credibility Inflation – Inside BullionStar.

Real solutions to the inevitable economic implosion

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This is the sixth installment of a series. Read the first installment, “One last look at the real economy before it implodes,”  the second installment, “The steady derailment of the U.S. financial system,” the third installment, “The magic of establishment economics,” the fourth, “The U.S. is being made economically irrelevant,” and the fifth, “The endgame has arrived.”

via Real solutions to the inevitable economic implosion – Personal Liberty.

We’re Now Heading Into The Next Round Of Global Crisis And Total Chaos But There’s A Nightmarish Twist

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If you are considering the conversion of your fiat into physical assets, the precious metals, especially gold and $ilver will be most rewarding.

Eric, currently I see very interesting situations in markets.  I believe that the temporary dollar rise we have been seeing is now reversing and that the dollar will start a major and sustained fall.  This is, of course, the mirror image of gold and silver, which will soon start a historic rise as they resume their climb to new all-time highs.

Investors Must Be Prepared For Coming Global Financial Destruction

This uptrend has already started in most other currencies, except the dollar.  But gold and silver will now also go up against the dollar.  Stock markets will also soon start a major secular bear trend.  These massive changes in market trends will be triggered by a catalyst.  With the current state of the world economy, there is an abundance of potential catalysts or black swans, whether it’s economic, financial or geopolitical.  The key thing is that investors must be prepared ahead of this coming global financial destruction.”

via We’re Now Heading Into The Next Round Of Global Crisis And Total Chaos But There’s A Nightmarish Twist | King World News.

Justice Department rolls out an early form of capital controls in America

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I continue to hear about these accounts being played out.  Cash companies having their assets seized, depositors having to wait for cash.  Then the rules that are being stacked against those of us that wish to remain in cash.  The electronic money world is overtaking the cash world and the government is treating those with cash as criminals.  Cash is still king today but if I were you, convert to real money today.  Gold and $ilver.

The $5,000 aggregation rule is found at page 65 (in the section discussing Overview of the SAR) of the “Bank Secrecy Act/ Anti-Money Laundering Examination Manual” which is published by the “Federal Financial Institutions Examination Council”

The legal source is found at 31 CFR 1020.320

You should see the source for a better understanding of the regulation.

Justice Department rolls out an early form of capital controls in America.