Due to the massive welfare state, multiple wars, and unhinged spending by bureaucrats, the dollar is set to implode shortly.
All this talk about Obamacare, additional welfare programs, more looting, etc.. will be moot very shortly.
I know most of you don’t care, don’t want to care, or willfully delude yourselves in to thinking the problem will go away and everything will be just fine, but its coming whether you like it or not.
The US Government is insolvent – its bankrupt. It is bankrupt right now, not at some distant point in the future. Its bankrupt right now. The bond auctions are failing and the end of the dollar is approaching rapidly.
The criminal politicians in Washington know full well what they are doing. The criminal federal reserve system knows full well what it is doing. They will not stop until they destroy the country. This is absolutely intentional.
This is always the end result of socialist policy – total destruction of the currency.
Zero Hedge’s Gordon Gekko reports:
Evidence seems to be mounting that we are headed towards some sort of implosion in the paper Gold market, and perhaps the currency/bond markets in general.
In a long and detailed article, Gekko lays out the overwhelming evidence of bond and precious metal EFT market manipulation.
The gold stocks will not pay out in real gold. When the market implodes, if you haven’t taken physical delivery, you’re not going to get jack besides worthless paper.
The EFTs are all putting out notifications that they are not required to pay back in physical gold. The banks are putting out notices that they are not required to pay back all checking deposits on demand. Fake gold bars originating from banks has been confirmed. Bond auctions are failing. – the list goes on.
I’m figuring the country has about a year left or less before the entire system goes super-nova.
At this point, I feel it is worth it to take out as much credit card debt as possible for the sole purpose of purchasing physical gold with it. People should begin hoarding as much credit debt as they can manage and do nothing but purchase physical gold with it. (I am not offering professional investment advice, this is my personal opinion, you assume all risk if you choose to follow this advice.)
If you don’t have gold when the system implodes, you will be out on the streets starving.
You must take physical delivery.
You must hide the gold.
The government will begin confiscating gold once again as they did back during FDR’s reign of terror. Only this time I don’t think the people are going to let the government take it without a fight. The people are not so stup