Lynette Zang shows the GSR was around 16 to 1 up until the very last month, when it shot up very briefly to 160. Here’s the details…
Editor’s Note: Five weeks.
That’s what we’re talking about.
The last week in October, 1923 through the end of November of the same year.
Here’s the thing about the Weimar Hyperinflation – The move in the gold to silver ratio that Lynette talks about below was a regional event.
Furthermore, the extreme of 160 to 1 only happened in the very last month of the Weimar Republic hyperinflation.
So while technically, yes, the ratio in Weimar Republic hit 160, in today’s terms, with today’s globally inter-connected markets, that last month would have been akin to something similar to a “flash crash”.
In fact, globally, this 160 to 1 ratio does not even register on the world GSR chart as we have shown before:
What I would like everyone to understand is that fiat money is designed to reset via inflation. Bankers and governments know that nominal confusion hides this from the public. Hyperinflation is simply the final wealth transfer blow off.
History clearly shows us that in the end, fiat money keeps the name, but loses all value. But gold and silver hold value because they are used all areas of the economy. Fiat money is only used as a wealth transfer tool.
When hyperinflation rears its inevitable head, what do you want to hold?
And if you want to know what to actually DO about all of this, that’s what we specialize in. How do you protect your wealth for the next collapse? Yes Gold and Silver, but what types? What strategy? And what long term plan? If you’re asking these questions you’re already ahead of the game. We’d love to assist you as it is our mission to safeguard you from the inevitable downfall of the dollar.