Chris Martenson describes our economic plights with words like “deception”, “delusion” and “denial”, but sorting out who will eat the losses is as easy as pulling out the dictionary and looking here…

Brace yourself because the water has now receded in the land of retirement.

Here’s the problems and this is what happens.

Expect a vicious repeat of the “stagflation” of the 1970s, but with prices rising FAR more rapidly than incomes, except for the top 1%.
Expect silver, gold, mining stocks and the silver to gold ratio to rise rapidly in 2017 and 2018:

Precious metals have given back a large portion of their 2016 gains. Nevertheless, 2017 has started with a bang. Perhaps we have finally put in the low many of us have been anticipating.
David Morgan, publisher of The Morgan Report a research newsletter focused on the silver and gold marketscertainly thinks so…

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In a remarkable interview, former Fed Chairman Alan Greenspan has warned BREXIT will likely trigger the END of the Euro, and recommended investors buy gold now as protection:
“Significant increases in inflation will ultimately increase the price of gold.  Investment in gold now is insurance…”

Central banks must be increasingly aware that critics of monetary policy are getting some traction in their arguments, that not only have monetary policies failed in their objectives, but they are creating counterproductive economic distortions as well. Chief among these is the transfer of wealth that comes with monetary debasement.

“The Fed, I think, is willing to sacrifice the dollar to keep propping up the bond market.  Even if we launch QE4, it may not have the effect on the bond market that prior round of quantitative easing had. They may lose control of the long end of the bond market I think the dollar is going to tank... In order for the Fed to keep the air from coming out of this bubble (in bonds), they will have to sacrifice the dollar.”
Where does that leave hard assets like gold?

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In This Exclusive Interview, London Analyst Alasdair Macleod Issues A Dire Warning: If Trump Fails to Learn THIS, He Will Lead America Into A Repeat of the Great Depression…

collapseWe are facing a terrible crisis… In terms of the Fed (getting control) and the long term solvency issues, these are death knells for the dollar. Unless those are addressed, you are going to see massive selling of the dollar, a debasement of the dollar and high inflation that will lead you into hyperinflation…