Comments on: HyperInflation In The US: Possibility Or Reality? http://silverbarsdirect.org/hyperinflation-in-the-us-possibility-or-reality/ Discussions About US Monetary Policy & Protecting Your Wealth Fri, 14 May 2010 00:35:54 +0000 http://wordpress.org/?v=2.9.2 hourly 1 By: Jarod http://silverbarsdirect.org/hyperinflation-in-the-us-possibility-or-reality/comment-page-1/#comment-44 Jarod Sun, 15 Nov 2009 10:55:30 +0000 http://silverbarsdirect.org/?p=20#comment-44 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: <a href="http://moneymaking123education.blogspot.com/" rel="nofollow">Money Making 123</a> Here you can find more "bitching" about the Economy and Financial Education! 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!

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By: Just Another Person http://silverbarsdirect.org/hyperinflation-in-the-us-possibility-or-reality/comment-page-1/#comment-27 Just Another Person Thu, 22 Oct 2009 07:37:32 +0000 http://silverbarsdirect.org/?p=20#comment-27 @ 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. @ 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.

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By: Freed Income http://silverbarsdirect.org/hyperinflation-in-the-us-possibility-or-reality/comment-page-1/#comment-6 Freed Income Wed, 16 Sep 2009 20:14:50 +0000 http://silverbarsdirect.org/?p=20#comment-6 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. 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.

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By: Curt http://silverbarsdirect.org/hyperinflation-in-the-us-possibility-or-reality/comment-page-1/#comment-4 Curt Mon, 14 Sep 2009 15:16:54 +0000 http://silverbarsdirect.org/?p=20#comment-4 Excellent article and videos. Thanks for sharring. Excellent article and videos. Thanks for sharring.

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By: silvermann http://silverbarsdirect.org/hyperinflation-in-the-us-possibility-or-reality/comment-page-1/#comment-3 silvermann Mon, 14 Sep 2009 01:40:30 +0000 http://silverbarsdirect.org/?p=20#comment-3 Here's a quote from <a href="http://www.bloomberg.com/apps/news?pid=newsarchive&sid=aTqn6CNE71rs" rel="nofollow">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! 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!

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