We had planned on writing about China’s emergence as the world’s new superpower, while the United States keeps sliding into Third World status, but we cannot escape the more cogent political implications/ramifications of the diverging paths between the two countries. Actually, the United States has turned direction from a positive influence to a negative one with almost all other countries in the world. There is no other country aggressively pursuing war and human rights violations more than the United States is, today. The US has engaged in perpetual warfare with one country after another in the Middle East: Iraq, on totally false pretenses, [Weapons of Mass Destruction]; Afghanistan, [seeking control […]
Tag: economic collapse
This is an interview with Jim Rogers, conducted by Birch Gold Group. The topics that are covered range from monetary policy, the stock market frenzy, currency wars and precious metals.
There are just 2-3 anonymous investments to avoid being robbed by NWO socialists: physical precious metals, cash, Bitcoin (with reservations). Each of the 3 has advantages & disadvantages, foreign currency accounts potentially being planned as an escape. Of course, the big drawback of gold is the nasty performance.
In a Q&A with GoldSilverWorlds, Peter Schiff, explained why the mother of all collapses is still in front of us and shared his top tips on how to protect financially. Looking at the course of the economy and the markets, Schiff sees a confirmation of the outlook he presented in his books. The collapse of the dollar is unavoidable and will be the worst of all crises.
The U.S. economy is being overwhelmed by a loss of faith and trust in politicians, government, and bankers, excessive debts, artificially low interest rates, unsustainable deficit spending, expensive wars, QE (money printing) to infinity, “Inflate or Die” monetary policy, potential derivatives implosion, Obamacare and so much more. A slow-motion collapse is occurring and most of us do not see it.
The U.S. stock market is near all-time highs, while politicians and economists are blathering about recovery, low inflation, and good timess. To the extent we rely upon the fantasies of ever-increasing debt, money printing, and credit bubbles, we are vulnerable to financial collapses. Perhaps a collapse is not imminent, but it would be foolish to ignore the possibility.
A short but powerful documentary shows the similarities between the evolution towards the hyperinflationary period in the Weymar Republic in 1923 / 1924, and the USA today. The similarities appear to be striking!
The media encourages us to believe that practically everything in our economy is either good or getting better. It is not. Trust your instincts and observations more and government statistics and the mainstream media less.
In a recent interview, Doug Casey talks with Peter Schiff about his expectations of the gold price and the future of the dollar. They discuss the role of the central bank(s) in today’s debt crisis and conclude that the Fed is trapped. They end with some tips on where individuals and investors can go to with their money.
In a recent interview with Gold Silver Worlds, John Rubino (co-author of “The Collapse of the dollar” and owner of DollarCollapse.com) explained how bad the economic fundamentals really are. The economic situation looks under control currently, but John Rubino is convinced we are now in the eye of the storm. He concludes that the longer this unbalanced situation goes on the faster the eventual collapse will play out. John Rubino published his book in 2004 together with James Turk from GoldMoney. The main theme of the book was that governments in the US lost control over their spending and borrowing, which would ultimately result in some sort of catastrophic crisis. […]
Lindsey Williams is the man who, because of his contacts in the oil industry, correctly predicted that the world price for oil would fall from roughly $140.00 per barrel to less than $50.00 per barrel. He confesses how the high level agenda’s of our leaders look like, at least for the coming four years. He explains five trends that will prevail in the coming four years. He mentions also the objective for the price of gold: by 2016, it should go to $3,000 to keep pace with the debt creation.
An amazing list of real facts was published by The Economic Collapse Blog, entitled 75 Economic Numbers From 2012 That Are Almost Too Crazy To Believe. An excellent article that presents 75 facts & figures, based on research or surveys, indicating the real state of the US. Reviewing those facts and comparing them with the messages in the mainstream media and the government, we see such a huge disconnect.
Admittedly, these are challenging times. When confronted with challenges, people tend to think more outside the box. The aim of this article is to understand our current path by looking from a broader perspective than we are used to. What if indeed these times are different? Can we find evidence that helps us understand in which direction we are heading? GoldSilverWorlds interviewed Darryl Schoon who provided a lot of insights for this article. Darryl was one of the few people who correctly predicted the big financial crash of 2008/9. He is the author of several books (highly recommended reading). Today, December 21, 2012 is a day that is anticipated by many. […]
The new Thunder Report is out. The author reviews the macro economic prospects for 2013-15, based on the long wave or Kondratieff Cycle. In the past, following the Kondratieff Cycle gave a 91% probability on success. It is now signalling that a new crisis is looming on the horizon. Excessive debt is the key driver. The Kondratieff Cycle is in its last of four big cycles that started in 1788. The end of this large cycle will be characterized by debt reduction through INFLATION and by DEFLATION in the prices of almost everything in terms of gold. That’s why the title of the current edition of The Thunder Report is […]