If You Think The Economy Has Been Bad But Is Getting Better...
You Need To Know What's Coming!
Despite President Trump's successes in improving the economy, the US Dollar is losing favor throughout the world as the primary "world reserve currency" (aka the "petrodollar"). Fiat money based banks continue to fail and the federal government just continues borrowing money and printing FRNs (Federal Reserve Notes). Hyperinflation is inevitable!
This is our national debt:
From 1913 to 2001 (88 years) the national debt grew to $6 trillion. Over the next three years, in 2004, it climbed to $7 trillion dollars. By the end of 2005, it had surpassed $8 trillion dollars. In 2017, the National Debt has exceeded $20 trillion dollars and it continues to growevery second of every day. To give you some idea of just how large a number the national debt is, consider this comparison:
1 million seconds = 12 days 1 billion seconds = 32 years 1 trillion seconds = 32,000 years
Due to the ever growing interest payments on the national debt alone, it is highly unlikely that the US will ever be able to balance its budget again. Reducing the deficit does nothing to reduce the national debt. Our beloved country has more government debt than any country in the history of the world. Today, the US private sector has virtually stopped buying US treasuries and is actively dumping government debt. Foreign central bank purchases of US treasuries have declined down to 30% and the Federal Reserve purchases have increased to 70%. Soon foreigners will stop lending the US money which will leave only the Federal Reserve (via the Bureau of Engraving and Printing of the US Dept of the Treasury) printing money out of thin air to fund federal deficit spending. This option will come to an end when (not if) the Chinese government along with many others are successful in removing the US Dollar as the primary "world reserve currency". There is already a run on the US Dollar. Many of our creditors, like the Chinese, are getting out of the US Dollar as fast as they can. China is secretly buying gold and all the gold that is mined in China cannot be removed from the country and must be sold to the government. Nevertheless, the Chinese still hold over 1.5 Trillion of US debt making China the single largest creditor of the United States.
Germany has demanded the return of 300 tons of their gold that is being held on deposit by the Federal Reserve. Rather than just arranging to return the gold, the Federal Reserve told Germany that they would return the gold over a 7 year period. Does that pass the smell test? Now Denmark and Switzerland are in the process of removing all of their gold out of the US. Something to watch for in the news will be when the Chinese central bank discloses the true amount of gold in their gold reserves. Approximately every five years (communist five-year plans) the Chinese disclose the amount of their gold reserves. The Chinese central bank disclosure is long overdue and indicates that perhaps they don't want to let the cat out of the bag just yet. When they do disclose, if the "analysts" and "experts" report that the amount of gold disclosed is far greater than anyone anticipated, it will accelerate the worldwide loss of confidence in the US Dollar and bring China's Yuan closer to becoming backed by gold which would make it a highly desirable replacement for the US Dollar as the primary "world reserve currency". Recently, Russia announced that it is backing the Ruble with gold. The United States is rapidly approaching the largest financial crisis in history and no electronic or paper asset denominated in US Dollars will survive the coming currency collapse and hyperinflation followed by social chaos. Do you know what's about to happen? Read More >>
Your USD electronic & paper assets will not survive!
What to do? How to prepare?
I recommend the following three areas of preparedness for the
coming "social chaos" that NO ONE in authority will warn you about: