Otherwise known as central banks, the Fed, or the greatest scam artists ever are busy creating money and credit out of thin air at a rate that defies the imagination.
From a low of around 5% to the Ukraine's 50% or Zimbabwe's unmeasureable amounts, the monetary fireworks are here!
Inflation is awake and kicking and it's all of our butts in the crosshairs. Ouch...when you pay your next gas bill. Ouch..when you buy the same groceries and pay 5% more one month to the next - if you can get the food. Ouch...when your childs tuition bills come due. Ouch...when you decide to fly somewhere for vacation. Especially when you have to pass through the Gestapo TSA at the airports knowing that these nimrods work for the same government and clan that has made your ticket so expensive, taxed you to harass you and made the whole experience all but miserable.
Gold and silver are still in their resting phase, but not for long. Once the realization hits early next year that the U.S. has no intention of paying debts with anything other than worthless script, the lift off will begin in earnest. Money will attempt to run through like a river into a shot glass - the market will be overwhelmed and fortunes will be made.
More fortunes will be lost by those who did not protect themselves or who bought into the generalized myth of U.S. economic invicibility. The lessons will be taught whether the student is ready or not. Depressions lead to self-examination. Both economic kinds and the resulting spiritual kinds.
Here is hoping that everyone catches some early understanding and avoids the avalanche of crushing bad paper, safe in their financial house built of gold and silver.
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