There will be no double dip. It will be a lot worse. The world economy will soon go into an accelerated and precipitous decline which will make the 2007 to early 2009 downturn seem like a walk in the park. The world financial system has temporarily been on life support by trillions of printed dollars […]
The Emergency Broadcast logo flashes up on your TV screen. You try to click off but it’s on every channel.. You start to realize… this is not a test. This is Real A News Anchor comes on screen and in a shaky voice says… “At 9:15 this morning, the U.S dollar Collapsed… I repeat the […]
The U.S. Constitution (Article I, Section 10) provides for individual states to recognize gold and silver coins as payment for all debts. Last Wednesday, Oklahoma joined Louisiana, Texas, and Utah in exercising their Constitutional right to grant U.S. minted gold and silver coins legal tender status. Bartering with gold or silver coins is legal in […]
Despite all the disasters happening around the world, one thing is certain in my mind… we are headed toward a financial collapse. The distressed and perhaps permanently damaged economy has legions of deniers in official positions, who knowingly or unwittingly serve as apologists for the vested interests that resist change — energy companies on the […]
Peter Schiff puts forward a good reason to own physical gold and silver as the dollar is collapsing. The US dollar is in terminal decline; America is tragically bankrupt, unable to pay its lenders without printing the dollars to do so, and embroiled in an economic depression. It is only a matter of time until […]
The dramatic and costly undertow of deflation continues unabated, as government via fiscal policy and the Federal Reserve, by creating money and credit out of thin air, proceed to overpower this deflation with massive inflation.