Gold, Silver, and Hyperinflation

English: The Obverse of the 2009 Zimbabwe $100 trillion banknote. (Photo credit: Wikipedia)

Most commentators in the precious metals sector still are not treating hyperinflation as a likely scenario -- as “competitive devaluation” continues to relentlessly drive all of this paper to zero. I can prove this. How? Because these commentators continue to issue (long term) “price targets” for gold and silver.

Indeed, many articles discuss “revaluing” gold at some arbitrary number as some Final Solution to fix these broken markets. Revaluing? Clearly a reminder of the definition of hyperinflation is in order.

Paper goes to zero (near-zero). Prices for hard assets go to infinity (near-infinity). Not “5,000.” Not “10,000.” Not even “100,000.” We are no longer talking about “high prices.” We are talking about Zimbabwe prices.

(Western) money-printing is increasing exponentially. Sovereign debt amongst these Western Deadbeat Debtors is increasing exponentially. Exponential curves only have one, possible ending: things blow up. The explosion of sovereign debt will (must) result in debt-default – and Debt Jubilee. The explosion of money-printing will (must) result in full-fledged hyperinflation. Read more >>

The Magic Money Printer: The Solution To All Of Life's Problems

The Fed has one, the ECB has one, the BOE, BOJ, SNB also have one. Even Zimbabwe has one. And anyone close to them is filthy rich and has nothing to worry about, ever again.

So it is only fair the "Magic Money Printing Machines" which are now the bedrock of the "developed" world's economies, should be made available to everyone. And at a price of just $4.79, soon everyone can be a self-made (literally) trillionaire, and live in filthy Keynesian opulence until the end of time. Read more >>

G7 Banana Republics On the Road to Zimbabwe!

The global financial cataclysm is mushrooming with every stroke of the keyboard at a central bank, with the issuance of new debt to cover old debt, and with the illusion of creating money out of thin air. It is all debt, nothing else, with no final settlement…. EVER. You exchange the money you work for and save and buy a government bond; they print the money to pay you back and PRETEND you have been paid. The situation is just as Von Mises outlined:

“There is no means of avoiding the final collapse of a boom brought about by credit expansion. The alternative is only whether the crisis should come sooner as result of a voluntary abandonment of further credit expansion, or later as a final and total catastrophe of the currency system involved” -Ludwig Von Mises

The LEADERS of the developed world have chosen the latter route. This is a currency and financial-system extinction event, make no mistake. Only the zigs and zags on the path to that destination are UNKNOWN. We’re seeing the most powerful forces on the planet aligned against each other: King Kong (Mother Nature and Darwin) versus Godzilla (public servants, banksters, elites and crony capitalists). Read more...

Marc Faber - "Total Collapse Will Come" - Economic Armageddon - Dollar Crash

Marc Faber predicts with certainty that the United States will go through high inflation and a lower standard of living. Expect wars and currency re-evaluation.