In his exceptional video (link below) describing his book, “The Death of Money,” James Rickards uses the analogy of a snowflake to illustrate a pivotal point, critical mass. With the state of the economy the way it is in America now, it will only take one snowflake to set off the avalanche of hyperinflation and financial disaster which is coming as a result if bad economic and political decisions over decades. He says anything could be the “snowflake” – an assassination, a bankruptcy, wars, drought, tsunami, a new revelation – but it is simply a matter of time.
The question is, how have you prepared for it? Of course, it’s not popular or comfortable for average people to talk about this, impervious to reason as the common citizen is. When John F. Kennedy announced, “When peaceful revolution is impossible, violent revolution becomes inevitable,” he was quickly and conveniently assassinated. Already, the NSA has been exposed for their spying on peace loving citizens, Obama has taken off the gloves when it comes to speeding up his agenda and lowering the American standard of living to that of his beloved Third World countries, and private drones will soon be outlawed (as they already have been in South Africa) because they would allow private citizens to see and know too much.
The media is aligned with the ruling party’s agenda. The American police state is like seeing 1984 and Atlas Shrugged combined in real life.Will your business and personal finances, your personal preparations and contingency plans be adequate to handle this tsunami? As anyone who has been in a country at war or experienced hyperinflation (see the ten million dollar useless Zimbabwean banknote here) will tell you, one thing that will save your hide is gold. And while you might find it difficult to buy groceries or gasoline with an ounce of gold, the value of which will soar during hyperinflation or shortage, you could use a gram or a quarter ounce of gold. It just makes sense.
The Chinese say, “Dig the well before you thirst,” so Russia and China are buying more gold and hoarding it than at any time in history, they are signing oil deals with each other, and they are NOT using US dollars.
Here’s the solution I suggest: buy gold and create multiple streams of income. I can show you how.
View the James Rickards interview here.
Robin Elliott LeverageAdvantage.com