Zombification of America: The Collapse Will Be Sudden!

“That’s the thing about the collapse of civilization. It never happens according to plan – there’s no slavering horde of zombies. No actinic flash of thermonuclear war. No Earth-shuddering asteroid. The end comes in unforeseen ways; the stock market collapses, and then the banks, and then there is no food in the supermarkets, or the communications system goes down completely and inevitably, and previously amiable co-workers find themselves wrestling over the last remaining cookie that someone brought in before all the madness began.”
The popularity of shows like the Walking Dead is a sign of the darkening mood change in this country. With our fragile fraudulent finance driven eco-system teetering on the edge, the threat of collapse is ever present. Within one week of a financial system collapse we would enter a Walking Dead like scenario. Each American who hasn’t already been infected with the zombie virus needs to prepare now and decide what kind of person they will become as the collapse engulfs our society. We all exit this world as we entered it – alone. But we have the wherewithal to positively impact the rebuilding of our culture from the rubble of this one. Are you ready to meet the deadly trials ahead? The choices we make over the next decade will determine if this is the end of the line for our civilization or a new beginning.. [Read more...]

Jim Willie: It’s All Breaking!

house-of-cardsFinancial newsletter writer Dr. Jim Willie thinks 2014 will be a pivotal year for the U.S.  Dr. Willie says, We’re going to end this year with no resemblance to the beginning.  We spent a lot of years trying to hold this thing together. . . . Now all the QE and bond purchases are causing some major problems, breaking major economic structures. . . It’s all breaking, it’s all breaking and they are having a tremendous problem holding it together.  Now the whole Eastern World is rebelling against the dollar.
Dr. Willie predicts gold and silver are about to move in a BIG WAY: “They are going to move it to $5,000 to $7,000 an ounce, and silver $200 to $400 per ounce.  Because all the world’s central banks are going to need gold they are going to sell Treasury bonds to buy gold to make for a solution to their banking systems.  What’s the solution?  It’s legitimate reserves, hard asset gold reserves.
In closing Dr. Willie predicts, I think you are going to see by the end of this year that the dollar is mortally wounded and Treasury bond regarded as toxic paper.”
Join Greg Hunter as he goes One-on-One with Dr. Jim Willie, Editor of “The Hat Trick Letter” which can be found on GoldenJackass.com. [Read more...]

Dollar Devaluation: Hard Evidence At Your Local Grocery Store

inflationThere are certain facts that are difficult to face in the world. One is that the currency you have spent you life working for isn’t worth what you thought it was. In reality, it may not even be worth the paper that it’s printed on. The United States paper currency has been very slowly devalued for over a century now. This was accelerated into high gear on August 15, 1971 when Nixon took the United States off the gold standard. By removing the gold backing (value) from the United States currency, it opened the door to the unfettered money printing that we have today.
This Is What Stealth Inflation Looks Like.
Stealth inflation is how the authorities hide the devaluation of the dollar in plain sight. Do you think political decisions at the county, state and federal levels would be shown in a different light if your food bill had been VISIBLY raising by 20% to 30% per year for consecutive years?
The images in this article tell the difficult truth for all to see, and the numbers don’t lie.   

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The Ultimate Reckoning: It Will Not Be Pretty for the Unprepared!

zimbabwe1Only government can take perfectly good paper, cover it with perfectly good ink and make the combination worthless.
Delusions die hard! The delusions regarding the value of paper currency, usefulness of the Fed, government entitlements, the welfare and warfare state, and continual growth are weakening. The ultimate reckoning may be sudden or slow, but it will not be pretty for the unprepared.
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Off-Air: The Vast Majority Will Face Starvation — Alasdair MacLeod

economic collapseAfter our amazing call with writer and researcher Alasdair MacLeod officially ended, we kept on talking! This bonus conversation includes the entirety of that conversation which covers the very real possible outcomes that may result from a worldwide banking collapse. Alasdair is concerned that the equivalent to a financial WW3 may result in starvation for many, many unprepared people. We wonder, how can we extricate humanity from this debt-based fiat paper monetary scheme without destroying humanity in the process? [Read more...]

On Russian Hyperinflation: Just How Many Lives Does the Ruble Have?

Ruble hyperinflateWith the Ruble down 11% vs the dollar in just the past few weeks (while the dollar is rolling over itself, plunging through 80 on the USDX) a reader has drawn our attention to the Hanke-Krus hyperinflation table of the top hyper-inflations in modern history.
With 15 occurrences of prices doubling in under 50 days, including the 1993 hyperinflation in which the monthly inflation rate hit 438%, it appears that the ruble has more lives than a cat.  
Will the imminent US/EU sanctions (which could have equally drastic implications for the USD when Putin retaliates by accepting any currency other than the USD for gas & oil) send the Ruble into its 16th hyperinflation in modern history?  [Read more...]

Alasdair Macleod: The Current Asset Bubble is the Biggest in the History of Currency Itself!

BubbleAsset classes from bonds to fine art are rising, underwritten by zero interest rates. The underlying bubble is the biggest and deliberately synchronised bubble in history, of currency itself.
The rate at which it inflates does not appear to be slowing, despite the Fed’s tapering. Otherwise markets would be stalling. Instead the Fed’s tapering programme must be being offset by something like a pick-up in bank lending.
If so, then all classes of investment assets can continue to rise in price and the party goes on. Indeed, if the Fed continues to taper, we can take it as a reasonable indication that growth in bank lending is fully compensating. [Read more...]

ShadowStats’ John Williams Warns Russian Dollar Dump Could Crash Financial System!

panic crashEconomist John Williams says if Russia sells its U.S. dollar holdings it could trigger hyperinflation.  Could it collapse the financial system?  Williams contends, “Yes, it certainly has a potential to do that.  Looking outside the United States, there is something over $16 trillion dollars in cash or near cash.  That’s about the same size as our GDP.  If the rest of the world believes this is what’s going to happen, people who have been wanting to get out of the dollar for some time very easily could front-run the Russians.  The scare is onPeople will try to get out of it as rapidly as they can.  We have not seen an economic recovery.  We have not seen a return of health to the banking systemSo the system is very vulnerable and if the Russians carry through with their threat, you have indeed the risk of it collapsing the system.”
On the overall economy Williams says, “It is rolling over and the numbers are starting to show we are starting into a new recession.  Join Greg Hunter as he goes One-on-One with John Williams of Shadowstats.com.

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Deepcaster: 2 Choices- Hyperinflationary-Depression or “End Game” Default!

dollar collapse panicWill The Cartel price suppressors win out when it comes to Precious Metals and other Tangible Assets prices, or will increasingly Bullish fundamentals propel them further up?
Whatever the answer, the mounting evidence is that the Fed-led Cartel is knowingly creating conditions designed to force the U.S (and, indeed, the entire industrialized world), to eventually choose between a Hyperinflationary Depression and the Cartel‘s ominous “End Game.”
As Jim Rogers and David Stockman have recently pointed out, Fed Policy is impelling us to such a Climax.

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Argentina today – the U.S. tomorrow: Got PHYZZ?

dollar hyperinflationIn this excellent interview with Jim Goddard, David Smith, senior analyst for The Morgan Report discusses the economic collapse of Argentina, and warns investors that what they are witnessing in the South American country is coming to the US.
Smith has recently spent several weeks in Argentia and witnessed the ravages of currency devaluation firsthand as Argentina devalued the Peso once again against the dollar.
Smith states that the inflation induced hoarding is intensifying in Argentina, and that while the US dollar has been strengthening recently vs. other fiat currencies, an Argentina-like fiat collapse is coming to the US in the next few years. 
David Smith’s full interview on his first-hand experience of the Argentinian Peso collapse is below:
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Brandon Smith: There is More Than One Way to Kill the Dollar- Debt Default Coming!

Jim SinclairEconomic and political writer Brandon Smith thinks America is in deep financial trouble, and the Fed knows it.
Smith contends, “At the end of last year, I brought up the prospect to the alternative economics community that the ‘taper’ was real, that the Fed would start cutting QE stimulus. I received a pretty negative response from that concept, which is understandable because a lot of people in alternative economics and the liberty movement are focused on the concept of hyperinflation through printing. I am pointing out through my articles on ‘taper’ that there is more than one way to kill the dollar. It’s not just about printing. There is also the issue about debt default and how that can kill the dollar’s world reserve status and kill the dollar’s value in the process. So, the ‘taper’ is a huge part of that process of debt default.
Smith goes on to say, “I find it interesting the Federal Reserve institutes the ‘taper’ just before we saw major downturns in global manufacturing. The Baltic Dry Index is starting to crash again. We’re starting to see trouble in emerging market currencies.

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Chris Martenson: Years of money pumping will end in equity rout

Chris MartensonOur lead story: JP Morgan Chase, the largest bank in the US by assets is reducing its headcount for 2014. The bank announced the changes, saying that creating a business model that can deal with new regulation is cutting into the firm’s profits. JP Morgan said it expects its total headcount to fall by 5,000 to 260,000 people. But JP Morgan is confident that it can win in this new environment… by replacing humans with machines. Erin explains.
Then we welcome Chris Martenson of Peakprosperity.com to give his thoughts on the Federal Reserve and the weak fundamentals of the US economy. In the first segment, Martenson discusses the effect of the huge flood of liquidity created by the Fed on the market. He also explains why bond prices can go up as a result of the Fed’s quantitative easing. After the break, Martenson describes why quantitative easing has helped equity prices but hasn’t helped the underlying economy, and talks about what is happening with inflation in the economy. [Read more...]

Deepcaster: Profit & Protect from Multiple Deceptions & Delusions

debt chicaneryDo you own any Bonds? Does your Retirement Account hold any Bonds? Better check. And in particular check the Yield.
Consider the recent fate of Bonds issued in Argentina or Turkey. And consider what the Real Inflation Rate is in Emerging Market Countries.
The Deception/Delusion (whichever one prefers) is not only about the Real Rate of Inflation. What about “Bail-Ins” and “Super Priority” Rights of Mega-Financial Institutions in the event of another Financial Crisis?
And does the country of issuance have Capital Controls? Is the after-tax Yield really sufficient to compensate for the Real Rate of inflation and Risk to Principal?
If Answers to any of these Questions Disturb you, just realize where a large Part of the Blame lies. The Fed and other Central Bankers have and are devaluing money and interest Rates to the point where Money can be borrowed at very low rates.

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Peter Schiff: We’re Going to be Hit with a Tsunami of Inflation

Image: Jonny O'Callaghan

Image: Jonny O’Callaghan

Money manager Peter Schiff has a read on gold short sellers. Schiff says, “Of course the short sellers never had the gold to begin with!  They’re selling gold they don’t have, and I think the shorts are getting a little bit nervous, but they are going to get a lot more nervous as we turn up the heat here. Gold is now above $1,300 (per ounce).
I think it’s going to be above $1,400 before they start to panic a little bit, and I think that’s great.” Schiff goes on to say, “I like the fact the market is moving up and nobody is buying it, nobody is paying attention to it. If they are, they are dismissing it. People think this is a head fake or a dead cat bounce. Instead, it’s the resumption of the (gold) bull market.
On gold mining stocks, Schiff proclaims, “The valuations are phenomenal in the mining sector because everybody assumed that the price of gold was going to keep falling, and those false assumptions were built into these share prices.
Peter Schiff’s full thoughts on the coming tsunami of inflation, and the resumption of the gold (& silver) bull markets is below:
[Read more...]

FMQ Update & the Implications for Gold & Silver Valuations

binford xlBy December, the most recent month for which statistics are available, the US dollar Fiat Money Quantity (FMQ) had grown to $12.48 trillion.
This is $5.05 trillion more than if it had grown in line with the established average monthly growth rate from 1960 to the month before the Lehman Crisis.

By this measure of currency inflation, since August 2009 inflation is now 68% above trend. [Read more...]