HyperInflation In The US: Possibility Or Reality?
10 September 2009
2,625 views
6 Comments
Here’s an exceptionally well made video by the National Inflation Association. If you don’t believe in hyperinflation (or even if you do) this eye-opening video will entertain and educate you regarding the historical currency devaluation that several other countries have faced and the total break down of economies like Zimbabwe. It also goes to explain why the US is heading down a similar path of destruction and dollar devaluation and how you can protect your assets.
Part 1:
Part 2:
Part 3:
If you’re interested in reading a more technical analysis, I suggest picking up a copy the Demise of the Dollar & why its even better for your investments
I also strongly suggest you start buying gold and silver immediately. Like you saw in the video, people in Zimbabwe need about 0.3 gms of gold per day to survive. That’s approximately $15-20 worth of gold. You can purchase 1 gm bars of gold quite inexpensively for less than $50, and 1 ounce silver eagles or silver maple leafs for under $30.
If you believe that hyperinflation is a reality, please recommend this video to your friends and sign up for our mailing list.
Related Posts- University of Maryland Professor Calls for $3,000 Gold With the failure of Italy and the European Union imminent, Dr. Peter Morici, professor of economics at the Richard Smith School of Business at the Univesity of Maryland is calling for gold prices to hit $3,000 per ounce. “With the implosion of Italy,” says the University of Maryland’s Peter Morici,......
- Syria to promote Petro Euros I just read online that Syria just announced that it would start charging for its oil in euros instead of the tradition dollar. In researching this topic i found a very interesting article. Don't know if its conspiracy theory or not, but its interesting reading nonetheless. The Proposed Iranian Oil......
- Peter Schiff: Dollar Is The Next Bubble To Collapse Here's an excellent video starring Peter Schiff. He predicts that the US Dollar will be the next bubble to burst. As a corrollary, I think gold will be the next bubble. The dollar collapse seems unlikely, you say? Well he did predict the collapse of the housing market 4 years......
-
The Deflation Scam The media has been going on and on about deflation. Long-term bond prices have also been trending up and long term yields have been dropping, which means that the market thinks there will be long-term deflation. Even the Consumer Price Index numbers that came out claim that inflation is under...... -
Chinese Investors Encouraged To Buy Silver With 1 ounce of gold selling for $955 and an ounce of silver selling for only $14.63, gold is currently about 65 times the price of silver. Last year the ratio was only 50 times. This is significantly above the long-term historical ratio of gold being worth 16 times more...... -
![[Image of Ben Bernanke Action Figure and included Helicopter]](http://bp1.blogger.com/_E09Nv_jsQcQ/RvLTJbvIYBI/AAAAAAAAAGw/JyxyUyonFfA/s320/helicopterben.bmp "[Image of Ben Bernanke Action Figure and included Helicopter]")
Canadian Dollar Hits Parity With US Dollar Today the Loonie achieved parity with the US dollar for the first time in 30 years. Five years ago, 65 cents could buy you 1 Canadian Dollar. Since then the Dollar has devalued 50% against the CAD and nearly 100% against Gold. This has been partly due to a massive......
(No Ratings Yet)
Loading ...
Here’s a quote from Bloomberg,
“The dollar is going down because of inflation fears” and that pushes gold up, said Leonard Kaplan, the president of Prospector Asset Management in Evanston, Illinois, and a bullion trader for more than three decades. “There is too much money and everything is going up. It’s not about supply and demand, it’s not about common sense.”
Gold may set a record within five sessions and “it’s possible” that it will touch $1,200 within weeks, Prospector’s Kaplan said. “And if a new record doesn’t come soon, it doesn’t come in the near future,” Kaplan said. “Markets think that the Fed isn’t going to withdraw stimulus money fast enough and that would cause inflation.”
Gold may be cementing its haven-investment status as governments flood the financial system with cash to haul the global economy out of a recession. The dollar index has dropped for three straight sessions, touching 77.047, the lowest since Sept. 29. The gauge has slipped 4.9 percent this year.
“We don’t see any immediate recovery in the dollar and gold is one of the better alternatives,” said Bernard Sin, the head of currency and metals trading at bullion refiner MKS Finance SA in Geneva. “From here, the next technical level is $1,040, and at the rate it’s going, it might not be difficult. There’s a lot of new money coming into gold.”
The article also mentions that while Gold has gained 14% this year, Silver has gained 46% and Platinum is up 37%. However the biggest gainer is Palladium, up 58% for year!
Excellent article and videos. Thanks for sharring.
Assuming you do not have a large reserve of cash, how does worrying about hyperinflation and stocking up on a small quantity of gold help you? You are better off focusing on self-sustainable lifestyle e.g. growing your own food, starting a product producing business, or learning a useful trade. If there is hyperinflation these will be a commodity and help you survive. I like focusing on this type of strategy instead of hording gold. If you hold lots of gold and ah um there is a gold bubble, you will loose money. If you are learning to create goods and sell products you will benefit bubble or not.
@ Curtis
It would be possible to do so. However I do not play down any aspect of the human nature and any commercial growing of agriculture is going to have to be policed, as any collapse will result in a police state.
You could grow your own food supply, which would be a great bet, but you would have to grow enough, and keep it secret from others. Its hard to keep hungry people in a desperate state from food if they cannot manage to get any on their own. (If you don’t believe that you may want to look into East German Citizens reverting to eating corpses of the dead during the Soviet occupation, yikes).
Always best to imagine the worst, and over prepare.
In that case get a nice plot of land grow some food, and get some diary cows.
Also. Gold is your best bet to. If the gold:silver ratio is going to go 1:16, Buy gold. Doing anything other than that in a hyperinflation state is letting your money rot away. Buy gold, and get some cows.
It is not a question about IF “HyperInflation In The US: Possibility Or Reality?” It is q question on WHEN it is going to happen….? Just search google for FIAT money and you will see why. The other thing is why does some of the biggest oil countries in the world make a agreement about how to get away from the US dollar? Meaning they want to get paid for the oil in Euro, Chinese or Japanese currency or gold?? There is a very clear picture, time will show us when it´s happening. Because this process is ongoing NOW! And this is not to pessimistic, it is just facts!!!
Best regards:
Money Making 123
Here you can find more “bitching” about the Economy and Financial Education!
Amazing video and article, thank you for sharing.
Let it burn…2, 3 years later rebuild it strong. That’s the path America should follow if they are really serious about getting out of their current situation.
Leave your response!
Buy Gold Silver Bars
Archives
Recent Posts
Categories
Blogroll
Tags
Recent Comments
Most Commented
Most Viewed