The Israel Deception

Is the return of Israel in the 20th century truly a work of God, or is it a result of a cosmic chess move to deceive the elect by the adversary?

Showing posts with label hyperinflation. Show all posts
Showing posts with label hyperinflation. Show all posts

Tuesday, May 16, 2017

Return of a gold backed currency could begin in Zimbabwe as government looks at finally stabilizing Zimdollar

The African nation of Zimbabwe has long been the poster child of fiat currency failures.  It first began when Mugabe hyper-inflated their 'dollar' in the late 1990's, and then was followed by the country simply going on a U.S. dollar standard that failed during the years leading up to, and following the 2008 financial crisis.

Then more recently Zimbabwe has tried to tether their currency to the RMB with limited results.

So after three failed attempts to stabilize their monetary system over a 20 year period it appears that President Mugabe is now considering a return to a gold standard, and could be the first country in over 45 years to back their money with precious metals.

Government is working on a plan to establish a gold reserve set to anchor the introduction of a local currency when the right time comes for the return to the Zimdollar, it has been learnt. 
This comes at a time when the country is grappling with cash shortages and economists believe the issuance of a gold backed local currency would help stimulate economic activity. 
Modelled around the $200 million Afreximbank facility, which is backing the current bond notes in circulation, economists believe the local currency will ease liquidity challenges and stimulate aggregate demand. 
Plans to create a gold reserve involve investing in the efficient operations of Government's gold mining firms, including Sabi, Elvington and Jena gold mines. - All Africa

Tuesday, April 18, 2017

Venezuela is the new Greece as Maduro forced to sell gold and give up oil assets to deal with debts

At least with Hugo Chavez, the former Venezuelan President understood that gold was an important reserve to help hedge against the nation's declining oil revenues following the Great Recession.  But unfortunately for the people of Venezuela, the individual who followed him into power after Chavez's mysterious death is as ignorant about finance and economics as anyone can be.

But hey, what would you expect from a former bus driver?

Not counting the currency debasement that President Maduro has created which has led to more than a year's worth of hyperinflation from his socialist policies and capital controls, the Venezuelan dictator also chose to lease the very gold his predecessor had returned to the country.  But as things have continued to spiral downward, Maduro is being forced to sell it outright just to get some hard currency to at least pay the military as civil unrest reaches epic proportions.

Image result for maduro hyperinflation
It was almost exactly two years ago when a cash-strapped Venezuela quietly conducted its first, little-noticed gold-for-cash swap with Citigroup, as part of which Maduro converted part of his nation's gold reserves into at least $1 billion in cash courtesy of the US bank. As Reuters reported then, the motive was simple: convert $1 billion of the country's gold into much needed dollars to fund imports and keep the economy from sinking. However, instead of selling the gold outright, a move which would have been met with a firestorm of protests from political opponents and allies alike, leased it to Citi instead. 
Specifically, Venezuela provided 1.4 million troy ounces of gold to Citi in exchange for cash. And while Venezuela would have to pay interest on the funds, it got the key benefit of being able to maintain the gold as part of its foreign currency reserves. After all, the gold was "merely rehypothecated", if only on paper, the actual physical gold would be transferred to an unknown vault of Citi's choosing where it would become an asset effectively controlled by the bailed out US ban (there was a brief scare last July when Citi warned it would close the account of the Venezuela Central Bank, which prompted us to ask if Citigroup was about to confiscate $1 billion in Venezuela gold). 
While it is still unknown if Citi did in fact confiscate a substantial chunk of Venezuela's sovereign gold, what is worth noting is that even just two years ago, Venezuela was in far better economic and social shape than it is currently, which ultimately prompted Maduro's choice of picking a swap instead of an outright sale of the country's gold. Now, however, with hyperinflation rampant, with daily protests, many of which turn violent and deadly, and with the opposition set to unleash the "mother of all protests" on Wednesday even as Maduro has ordered the army to take to the streets, the president has far fewer qualms about preserving even the illusion of stability at this point. What he does need, however, is access to dollars, be it to pay Venezuela's creditors, provide funds to the cash strapped state-owned energy company PDVSA, or simply to pay the army which is the only thing keeping the nation away from a revolution, and Maduro from facing a deadly endgame. 
Which is why Maduro is about to do what he did two years ago, only on a vastly greater scale, and perhaps simply sell Venezuela's gold outright. - Zerohedge
However, this news isn't the only economic calamity for Maduro to hit the wires today as Russia has chosen to seize a Venezuelan oil tanker to use as collateral for the $30 million the nation owes in delinquent port fees.

It is estimated that Venezuela has some of the largest oil reserves in the world, as well as untapped minerals that could save the country from its monetary hell.  But with Hugo Chavez having nationalized (stolen) corporate property and equipment from foreign entities several years ago, Venezuela no longer has the skills, resources, or cash to produce their way out of debt, and thus the Bus Driver in Chief is left with little options but to sell the nation's gold just so he can stay in power a little bit longer.

Monday, December 12, 2016

Venezuela follows India in eliminating large currency notes and sets in motion hyperinflation

When you are an economy that not only relies upon exports and foreign investment, messing with your currency is a recipe for disaster.  And besides the internal turmoil that has arisen for the 1.3 billion people in India who rely upon cash over digital banking for 98% of their commerce, Prime Minister Modi's currency elimination scheme is now causing foreign businesses, such as China's Foxconn, to suspend factory output and fire worker's due to decreased sales inside the country.

Foxconn, the world’s largest contract manufacturer and poster boy of the government’s Make in India project, has asked nearly a fourth of its 8,000 factory workers to go on paid leave for two weeks after last month’s demonetisation of high value notes sparked a severe cash crunch that saw sales slump almost 50%, forcing the company to slash production by half.

The government’s move to ban Rs 500 and Rs 1,000 notes from November 9 has had a domino effect on the mobile phone industry where a large majority of mobile phones are bought for less than Rs 5,000 and most of the transactions happen through cash. Consumer purchase power has been reduced dramatically - mobile phone monthly sales halved to Rs 175-200 crore post demonetisation - and sales revival is not looking up, as was perceived earlier, industry insiders said.  - Economic Times/India Times
So with the results and outcomes that sudden demonitization creates out there for the rest of the world to see, only someone like Venezuela's corrupt leader Nicholas Maduro would have the audacity to... well, DO THE SAME THING!  And sure enough, over the weekend Maduro went full retard and immediately made their $100 bolivar denomination no longer legal tender.

Image result for maduro never go full retard
Having observed the economic chaos to emerge as a result of India's shocking Nov. 8 demonetization announcement, and perhaps confident it can do better, today president Nicolas Maduro of Venezuela, Latin America's most distressed economy, mired in an economic crisis and facing hyperinflation, likewise shocked the nation when he announced on state TV that just like India, Venezuela would pull its highest denominated, 100-bolivar bill (which is worth about two U.S. cents on the black market), from circulation over the next 72 hours, ahead of the introduction of new, higher-value notes, as large as 20,000. 
"I have decided to take out of circulation bills of 100 bolivars in the next 72 hours," Maduro said. "We must keep beating the mafias." 
To this we would add "and cue economic chaos", but since this is Venezuela, that's a given. 
The surprise move, announced by Maduro during an hours-long speech, is likely to worsen a cash crunch in Venezuela, and lead the largely-cash based economy to a state of paralysis. Maduro said the 100-bolivar bill will be taken out of circulation on Wednesday and Venezuelans will have 10 days after that to exchange those notes at the central bank. 
Critics immediately slammed the move, which Maduro said was needed to combat contraband of the bills at the volatile Colombia-Venezuela border, as economically nonsensical, adding there would be no way to swap all the 100-bolivar bills in circulation in the time the president has allotted. Indeed, if India is any example, Venezuela - whose economy is far worse than that of India, the world's fastest growing emerging market - may have just signed its own economic death warrant. 
According to central bank data, in November there were more than six billion 100-bolivar bills in circulation, 48 percent of all bills and coins. In other words, Venezuela just eliminated half the paper cash in circulation. - Zerohedge
For those who live elsewhere in the world, just remember that following the 2008 financial crisis the U.S. and Europe both passed laws which make any cash you hold in a bank the property of that bank, and considered an unfunded liability to the institution.  And with central banks, Harvard economists, and even a former Asst. Secretary of the Treasury all calling for an end to cash here in America, what we are seeing now in India and Venezuela are test cases for what is currently in motion in the West to bring about a complete monetary control over the population before or after the next banking and financial crisis hits.

Wednesday, December 7, 2016

Despite fall in paper price, gold demand at 5 year high as fears of a supply shortage causing global scramble for the metal

By now most precious metals investors should have realized that the old standard 'spot price' that once dominated gold and silver is on its way out, and acts as little more than a paper value for derivative contracts.  And this can be seen by the price divergence in spreads between the London Fix, and its competition over in China at the Shanghai market.

But until the London/Comex price is gone for good it still controls the buying and selling costs here in the West.  And thanks to the tremendous shorting that has occurred in the paper markets since the Presidential election that took place on Nov. 8, the over $200 drop in price has done little to depress the appetite of gold purchases as the month of November saw the highest amount of buying in the last five years.
Gold demand in November soared to its highest level since the end of 2011 as investors took advantage of a steep drop in prices for the yellow metal following Donald Trump’s win in the U.S. election, according to data from BullionVault released Tuesday. 
The Gold Investor Index, run by Internet-based metals exchange operator BullionVault, jumped to 59.3 in November—its highest level since December 2011. the index stood at 56.8 in October. - Marketwatch
What is making up this increased demand for gold are not just China and Russia, who have continued their massive buying of gold through November of this year, but the inclusion of several other nations such as Britain, Vietnam, the U.S., and of course, India, who have joined in to start exchanging their currencies for gold in their reserves.

Much of this buying is also coming from the fact that outside the dollar, people are losing confidence in global currencies, especially after this year's Brexit event, Venezuelan hyperinflation, and the more recent attack on cash by India's Prime Minister Modi.  And the increase in purchasing worldwide has suddenly revealed incredible shortages that could soon be the catalyst for breaking Comex control over their depressing the spot price of gold.
“For the first time in history, gold supply into the future is under enormous pressure.” The warning from Mark Bristow, chief executive of London-listed Randgold, encapsulates the gold mining sector’s woes. 
Bullion’s only modest price recovery this year compared with other commodities has led the industry to cut spending on exploration dramatically to less than $4bn from almost $10bn in 2012. 
Petropavlovsk, a gold miner with assets in Russia, is a case in point. It has cut its exploration budget by two-thirds. 
“There is a chronic shortage of exploration money and as usual the gold price is not acting in the way everyone thought it would do,” says Peter Hambro, chairman of the company. 
This backdrop has left many in the industry forecasting a supply shortage by the end of the decade. - Financial Times
As an investor it is not the time to be fooled by the paper selloffs or shorting that is occurring in the Comex and other Western markets, but rather a time to take a serious look at supply and demand, and the consequences of dying confidence in most global currencies.  Because the lowered price that is also being coupled with dwindling supply right now is a an opportunity of the decade for the precious metals, and should prove to be very profitable once the world moves completely away from London and New York's control over the market.

Saturday, November 19, 2016

Price of gold in dollars well over $3600 in India as currency crisis threatens to bring their economy to a halt

As news continues to come in from the nation of India following the government's order to eliminate certain currency notes from their monetary system, the rush to both trade in, and move money out of banks has been the singular thought for hundreds of millions of people.

And as part of this monetary transfer has been the massive demand for gold, especially since Modi pushed for a suspension of imports of the yellow metal last week.  And according to many sources, the price of gold in dollars has now reached over $3600 per ounce as the people move to get rid of their rupees and into the one tangible asset that weathers all crises.

Measure planned to prevent people from hoarding cash and generating income that could evade taxes, according to government officials with direct knowledge of the matter. 
Planned measures include limit on large cash withdrawals from bank, the officials said, asking not to be identified citing rules on speaking to media. 
Budget, due in February, may have steps to encourage use of checks, credit and debit cards. 
Purchase of gold jewelry said to be made more stringent to prevent switching of asset from cash. 
Finance Ministry spokesman D. S. Malik couldn’t be reached for comment. - Zerohedge
Perhaps the most interesting and destructive thing to come from Prime Minister Modi's move against the Indian currency is the fact that productivity has virtually stopped as people are spending several hours per day swapping over $60 worth of rupees due to the capital control laws limiting withdrawals.

When Venezuela collapsed into hyper-inflation a few months ago, it was reported on the ground that an ounce of silver would buy you 3-4 months worth of groceries, and a single ounce of gold could buy you a house.  And now in India the price of gold is skyrocketing upwards and outside the control of the paper gold markets which determine the global spot prices, and should be a warning to all on why owning physical metals is vital in a world where confidence in fiat money is crashing.

Tuesday, June 14, 2016

Potential for gold shortages expanding as miners decide to hold 20-30% of output off the markets

Besides the historic accumulation of gold by countries such as Russia, China, and India over the past four years, and increased speculation in the precious metal by billionaires and well known hedge fund managers, there is another element to add the to the mix that could soon be tightening supplies and driving up prices.

In an interview with SGTReport on June 12, the CFO of MX Gold Corp is joining in with others in the mining industry to hold back between 20 and 30% of their gold output from the market, and stockpile it until prices rise to a more equitable fair value in or out of the Comex.

For years, the Commodities Exchange (Comex) and the London Gold Fix have manipulated and suppressed prices in order to protect paper currencies in the U.S. and Europe, and this has led to an environment where it actually costs mining operations more to take it out of the ground than the price they receive from mints or refiners.

MX Gold Corp CEO Akash Patel and CFO Kenneth Phillippe say that they are positioning their company to stockpile between 20% to 30% of their physical gold production in coming months, noting that prices are nowhere near where they should be at current supply and demand levels. In an interview with SGT Report, Phillipe appears to be taking the stance of many precious metals investors, which is to stockpile the physical asset in anticipation of any number of potentially cataclysmic economic and monetary events like the hyperinflation we are witnessing in Venezuela. 
We want to pull out the physical gold… We want to take this gold and we want to store it. We believe that having the physical gold in the vault makes a lot more sense than selling it at these prices. Gold is ready to move. We believe it’s going to continue to rise… we’re going to be storing our gold and holding it for the long-term. - Shtfplan.com

Thursday, February 18, 2016

Canadians are losing confidence in all sectors of their financial system

Consumer spending and affordability of products and services are just one component of a domestic economic system that alone it is not enough to bring a complete lack of confidence to a nation’s financial system.  But when you add in a growing decline in confidence for that nation’s currency, retirement programs, and investing structures, you have the ingredients for a rebellion that leads to collapse.
Hyperinflation has almost always been incorrectly defined as an out of balance expansion of a money supply, but the reality is, hyperinflation is a lack of confidence event, and it arises when consumers or producers are unwilling to accept assets denominated in the rejected currency at any price to purchase goods or services.
And it appears that this lack of confidence event may be occurring right now in Canada.

Read more on this article here...

Monday, January 25, 2016

Venezuela past the point of no return, expected to be next hyper-inflationary state

It has been about a decade since the last instance of true hyperinflation rocked a nation state, with Zimbabwe becoming the most recent ‘Weimar Republic’ example in the global economy.  And while their solution was to simply stop printing their local currency and transition into using dollars (and now Yuan) as their domestic medium of trade, their overall impact on the global economy was relatively negligible.
But the same cannot be said for the newest partner in this auspicious club, as the IMF reported on Jan. 22 that Venezuela is beyond the point of no return, and should enter into the realm of hyperinflation by the end of 2016.

Read more on this article here...

Friday, January 15, 2016

Should we get ready for a Canadian Spring?

Back in 2011, what would become known as the Arab Spring emerged in Middle Eastern countries like Tunisia, Egypt, and Yemen over the inability of the people to have access to affordable food that was primarily imported into their nations through world markets.  At the heart of the problem was the artificial strength of the U.S. dollar, and the need to buy these dollars to purchase foodstuff commodities.
But since the Arab Spring was a phenomenon was back then tied to 2nd world nations where wages and net worth were relatively poor, the question to ask now is, could this same type of uprising take place in a 1st world nation as well?

Read more on this article here...

Monday, November 23, 2015

Got Karatbars? Don't fret the lower prices as this remains a historic time to buy gold

For gold bugs, investors, and those feeling the pinch of price inflation in the general economy, there has rarely been a better time in history to buy and store up a modicum of the precious metal.  And contrary to the ways both London and the Comex have destroyed the paper spot price through massive manipulation as a means to protect the dollar, according to long-standing analysts within the industry, consumers may never see prices this low again in our lifetimes.

When the Federal Reserve began its unprecedented programs of zero interest rates and Quantitative Easing, it set in motion an extraordinary expansion of the U.S. monetary system.  And to protect the global reserve currency in this new paradigm of money printing that would have killed the dollar through a domestic and international loss of confidence, the banking cartels needed to manipulate the one form of money that acts as a check and balance for the people's confidence in a fiat backed system.

They had to manipulate the price of gold and silver.
The Fed’s policy of monetizing one trillion dollars of bonds annually put pressure on the US dollar, the value of which declined in terms of gold. When gold hit $1,900 per ounce in 2011, the Federal Reserve realized that $2,000 per ounce could have a psychological impact that would spread into the dollar’s exchange rate with other currencies, resulting in a run on the dollar as both foreign and domestic holders sold dollars to avoid the fall in value. Once this realization hit, the manipulation of the gold price moved beyond central bank leasing of gold to bullion dealers in order to create an artificial market supply to absorb demand that otherwise would have pushed gold prices higher. The manipulation consists of the Fed using bullion banks as its agents to sell naked gold shorts in the New York Comex futures market. Short selling drives down the gold price, triggers stop-loss orders and margin calls, and scares participants out of the gold trusts. The bullion banks purchase the deserted shares and present them to the trusts for redemption in bullion. The bullion can then be sold in the London physical gold market, where the sales both ratify the lower price that short-selling achieved on the Comex floor and provide a supply of bullion to meet Asian demands for physical gold as opposed to paper claims on gold. - Dr. Paul Craig Roberts, former Assistant Secretary of the Treasury

As you can see on this dollar chart, in 2011 when gold reached it's all-time high of $1980 per ounce, the dollar sat just above 72 on the index, and was threatening to fall below 70, creating a currency crisis that could have completely ended global confidence in the dollar.  It was here that the Federal Reserve ushered in several rounds of Quantitative Easing to inflate asset prices, and without a concerted program to manipulate the price of gold, metal prices would have skyrocketed well above their all-time highs since like in Weimar Germany in the 1920's, an increase in the monetary system would have led to a rapid loss of confidence in the currency, and a form of hyperinflation that would have made gold instantaneously the most powerful form of money on the planet.
There’s a story of a boy who worked as a bellhop in a German hotel prior to the hyperinflation of the 1920s. One day the boy received a one-ounce gold coin as a tip from a rich hotel patron. The boy saved that gold coin. Later, during Germany’s hyperinflationary depression, the boy bought that entire hotel for the one-ounce gold “tip”.
So for all intents and purposes, gold serves as insurance against a dying currency, and not as an investment as many pundits on Wall Street try to sell it as.  And like Bitcoin's purpose, gold functions as a true form of money to act as a balance against the currencies we have around the world today that simply act as a form of legal tender.  (And it is important to study and learn the differences between money and legal tender)


As of today, the dollar is resting upon the precipice of going over 100 on the index, and for most analysts, signifies the strength of the currency.  But the reality is, the dollar's so-called 'strength' is not from an actual desire of individuals or country's to hold the currency, and in its purchasing power for goods and services, but from a different economic principal known as the Velocity of Money.  The velocity of money is defined as the rate at which money is exchanged from one transaction to another, and how much a unit of currency is used in a given period of time. Velocity of money is usually measured as a ratio of GNP to a country's total supply of money.

And as of right now, that ratio is well over 100%, meaning there is more debt (As our dollar is a debt instrument, not a form of money with value), than total annual production for a given year.

And this more than anything has been what has kept prices from hyper-inflating while the money supply already has.  By keeping this printed money out of the general economy, and flowing from transaction to transaction (Velocity of money), the central bank has been able to keep printing new currency year after year, while for the time being limiting its consequences (Price inflation - Price hyper-inflation) from destroying confidence in the currency completely.

The question then remains... how long can the Federal Reserve actually keep this velocity down while still growing an economy that now needs more and more credit (Debt) just to survive?  (See Japan and where massive money printing has not stopped for 10-20 years just to keep markets propped up)

This is why gold is insurance, and not an investment, and why it is the most vital thing to own when a nation or banking system reaches that critical mass of probable collapse.  In less than 100 years in the U.S. alone we have seen two major currency events, once in 1933 and again in 2008, and worldwide hyperinflation has occurred 29 times in the past 100 years.


No one can predict when a hyperinflationary event will come, but when it does it occurs swiftly and faster than anyone can prepare against once it begins.  This is why nations like China, Russia, India, and many others are buying gold as quickly as possible, and stockpiling it for what they inevitably know is coming due to the dollar's devaluation and expansion.  And because the West has programmed their populations into believing gold is nothing more than a commodity, a collectible, or an investment, and not real money, there has been little outcry when the central banks have forced down the spot prices they control through the use of naked shorts and derivative paper contracts.

Yet this manipulation has provided those who have eyes to see and ears to hear a chance of a lifetime, and the opportunity to prepare themselves for the end of the dollar, and what is already manifesting as a return to a gold standard of money.  And while many can't afford to begin buying this insurance and wealth protection even at $1140 per ounce, they can do so by buying it in gram sizes with a company that is recognized around the world for their concept of affordable gold.

And you can do this with a company called Karatbars.




Buying gold through Karatbars is one of the easiest things on the net.  In fact, the business model of Karatbars is to sell gold in affordable quantities, such as 1, 2.5, and 5 gram increments, and allow customers to get into the metal without having to shell out $1200+ for a single ounce coin.

And as added perks to signing up with Karatbars, as a customer or affiliate, Karatbars is working on a new e-wallet system that functions just like an offshore bank account, and is outside the authority of the banking system.  From there, you can take your fiat currency in any denomination... dollars, euros, yen, etc... and purchase physical gold which can either be delivered directly to you, or stored for free at one of Karatbar's vaults.

Additionally, any gold that you buy can easily be sold back to Karatbars, or any metals dealer, and if with Karatbars it is then exchanged for currency that is uploaded to you through a pre-loaded debit Mastercard which is connected directly to your e-wallet.  And as we know, MasterCard is recognized in nearly every country around the world, and usable in any currency that accepts it.

But perhaps the best feature with Karatbars is their affiliate program, where you can earn money off commissions from getting others to sign up and become a customer or affiliate.  Not only do you receive commissions from their purchasing of physical gold, but you also earn commissions from anyone who buys a commission package, with that money going directly into your debit MasterCard when you have enough units to cycle.

Imagine the ability to earn the money in which to buy your gold savings simply by purchasing a commission affiliate package one time, and then getting others to sign up and do the same thing.

How many businesses or entrepreneurs can build an infinite business with spending less than $400 of their own money?  And there is never a mandatory requirement to buy beyond what you desire, on your own schedule.  And there is nothing to lose, because you're using money (paper dollars) to buy gold (physical money) and in the end you don't lose a thing.


The global financial system, along with dozens of respected economists, are telling us that now is the time for the end of our current form of money, and the beginning of the transition into a new monetary system that is expected to be backed by gold.  And with banks, governments, and even Harvard professors mandating that central banks have no choice but to eliminate cash from usage by the people to stave off collapse, will you wait until it is too late to make a decision on how you will protect your wealth, and be able to function within the coming new monetary system?

To learn more about Karatbars, you can contact the individual who sent you this article, and click on their referral link to open a free account and begin buying, or building your own gold savings or business with the company of the future.

Monday, November 9, 2015

Since 2010 the U.S. has been in hyperinflation

In layman’s terms, the definition of hyper-inflation occurs when you expand a monetary supply to the point where it crosses over from an arithmetic rate of growth to an exponential one in relation to a nation’s GDP.  This eventually is followed by price hyper-inflation, which eventually leads to destruction in confidence and a death event for a particular currency.
Over the past five years the U.S. central bank has attempted to do its best to survive a hyper-inflation of the dollar by keeping it contained outside the general economy, and at the level of banks and Wall Street.  However, for anyone who has had to pay rent, buy food, or suffer through budget expenses such as those of education or medical, then they know that price inflation has indeed trickled down in a meaningful manner to the public contrary to the constant lies from the Federal Reserve of less than 2% inflation.
ambns-feb-13-2011
Read more on this article here...

Tuesday, September 1, 2015

Got Karatbars? As stock markets have their worst month in five years, gold was best performing asset

August 2015 will go down as a watershed month for the breakdown that is occurring within equities, bonds, currencies, and geo-politics.  On Black Monday, or August 24, the Dow Jones opened at a -1089 to experience for the first time a drop of more than 1000 points during intra-day trading.  Couple this with three mysterious 'chemical warehouse' explosions in Tianjian and Shandong China, and Russia moving arms and advisers into Damascus Syria, and the world is quickly transitioning into economic and political chaos.


But despite the near complete negative news and events that are rocking most sectors of the market, both domestically and abroad, there is one asset that has held up incredibly well during this turmoil, and as expected, that asset is none other than gold.



Gold rose 2.85% in August, and despite the continual manipulation in the paper spot futures markets, supply is at a seven year low.  And with the untenable situation of gold backwardation, where the current physical price is higher than the futures paper one, pressures are mounting for gold to explode upwards very soon and regain its prowess despite being suffocated by a 92:1 paper to physical leverage.

Yet even as the price of gold per ounce is both difficult to purchase in any real quantity, and still too expensive in ounce and kilo forms for most people, there is a solution for you to be able to protect your wealth in this chaotic environment, and prepare for the other side as central banks are forced to hyper-inflate to survive.

That solution is Karatbars





Buying gold through Karatbars is one of the easiest things on the net.  In fact, the business model of Karatbars is to sell gold in affordable quantities, such as 1, 2.5, and 5 gram increments, and allow customers to get into the metal without having to shell out $1200+ for a single ounce coin.

And as added perks to signing up with Karatbars, as a customer or affiliate, you can have the power to move your money into a free e-wallet that functions just like an offshore bank account, and is outside the authority of the banking system.  From there, you can take your fiat currency in any denomination... dollars, euros, yen, etc... and purchase physical gold which can either be delivered directly to you, or stored for free at one of Karatbar's vaults.

Additionally, any gold that you buy can easily be sold back to Karatbars, or any metals dealer, and if with Karatbars it is then exchanged for currency that is uploaded to you through a pre-loaded debit Mastercard which is connected directly to your e-wallet.  And as we know, MasterCard is recognized in nearly every country around the world, and usable in any currency that accepts it.

But perhaps the best feature with Karatbars is their affiliate program, where you can earn money off commissions from getting others to sign up and become a customer or affiliate.  Not only do you receive commissions from their purchasing of physical gold, but you also earn commissions from anyone who buys a commission package, with that money going directly into your debit MasterCard when you have enough units to cycle.

Imagine the ability to earn the money in which to buy your gold savings simply by purchasing a commission affiliate package one time, and then getting others to sign up and do the same thing.

How many businesses or entrepreneurs can build an infinite business with spending less than $400 of their own money?  And there is never a mandatory requirement to buy beyond what you desire, on your own schedule.  And there is nothing to lose, because you're using money (paper dollars) to buy gold (physical money) and in the end you don't lose a thing.



The global financial system, along with dozens of respected economists, are telling us that now is the time for the end of our current form of money, and the beginning of the transition into a new monetary system that is expected to be backed by gold.  And with banks, governments, and even Harvard professors mandating that central banks have no choice but to eliminate cash from usage by the people to stave off collapse, will you wait until it is too late to make a decision on how you will protect your wealth, and be able to function within the coming new monetary system?

To learn more about Karatbars, you can contact the individual who sent you this article, and click on their referral link to open a free account and begin buying, or building your own gold savings or business with the company of the future.

Monday, November 24, 2014

Both Japan and the U.S. can thank Paul Krugman now for their road to collapse

Economist Paul Krugman is a well known follower of Keynesian economics, and the belief that governments should constantly stimulate the economy and free markets with debt based printed money.  His work in the field of study has won him a Nobel Prize, but since anyone from terrorists to community organizers regularly win this award simply for breathing, that in itself is no longer a worthy accomplishment or title to hold.

But unfortunately for Japan, and soon to be for the rest of the world, Krugman’s chaotic beliefs are no longer limited to the U.S. mainland as it has recently been discovered that he took his horrific doctrines on the road and are the primary catalyst behind Prime Minister Shinzo Abe’s decision to monetize the entire government budget, and collapse the Yen onto the ultimate path of hyper-inflation.


Read more on this article here...

Monday, January 14, 2013

Ever wonder what hyperinflation looks like?

Most of us have heard the horror stories of hyperinflation through the lens of the Wiemar Republic and the nation of Zimbabwe.  However, distance and time have made these events superficial, and left to the imagination since Americans are far removed from them.



But in the past two years, hyperinflation in the Euro Zone is not only becoming a distinct possibility, and in the instance of Belarus, a fact.  Forget the images of Germans in the 1930's pushing a wheelbarrow of cash just to buy a loaf of bread, and instead watch how it takes a full backpack of cash notes just to get seven packages of beer.



Now, do we in America think this is possible?  Well, our history has once experienced this after the Civil War when the Greenback fiat currency was devalued to nothing, and the government was forced to put paper dollars back on a gold and silver standard.

When it comes, it will not come slowly overtime, but will begin fast, and escalate exponentially.

Friday, January 13, 2012

Greece Fire: complete economic and societal destruction predicted if they leave the Euro Zone

A London based Hedge Fund, Toscafund, came out yesterday with an analysis of what would happen to Greece if they should voluntarily, or be forced to evacuate the Euro Zone.  The results are not pretty as the fund predicts hyperinflation, massive riots and social unrest, and a potencial coup which would topple the government.

"A Greek exit from the euro zone would be worse than catastrophic and could provoke greater social unrest, Zimbabwe-style inflation and a military coup, said London-based hedge fund firm Toscafund. In a stark note to clients, chief economist Savvas Savouri said introducing a new currency instantaneously in the wake of a euro exit would be impossible and the delay would lead to "a run on banks and evacuation of capital that would make what has already been seen as nothing by comparison". "The word catastrophic would not do it justice enough," said Savouri, who comes from a Greek Cypriot background. "Those who imagine some post-euro-exit stability would be restored ... quite simply fail to understand the magnitude -- social, economic and political -- of such an eventuality." - Zerohedge

Citizens of the Mediterranean country should make sure to stock up on ouzo, since its alcoholic content makes wonderful molotov cocktails.

Wednesday, January 11, 2012

Iran seeks to counter growing hyperinflation with 20% interest rate hike

Yesterday, we wrote on the growing escalation of war from Iran because of internal hyperinflation threats within their economy.  Today, Iran experienced two events, one economical, and one of a terrorist attack which seems to validate this assertion.


Today EA WorldNews gives us the response, which confirms that indeed the economy is in terminal shape following an interest rate hike to 20%. From the Source: "State news agency IRNA has no news on the Iranian currency this morning, but it does feature an interview with an official, noting the rise in interest rates to 20%. The effort is to reduce the flow of cash in the economy, but the official says it will increase capital investment by banks in an "impressive market"." - Zerohedge

Iran is moving towards that unique position where it will soon have to deal with both internal and external forces seeking to bring down the rulers of the Islamic nation.

Friday, December 16, 2011

Gold rebounds back over $1600 after liquidity selloff slows down in Europe

For all the analysts, pundits, and overall incapable talking heads who perceived the large pullback in gold prices as an end of the bull market, fundamentals have a way of proving how incorrect they always are.

The recent drop in gold was primarily due to a need for liquidity and for dollars in Europe.  Nothing else.  And for those who saw the drop as a buying opportunity, then Christmas came early in the form of $1500 level prices.

Less than 24 hours later, gold has just passed $1600 yet again. And as the following note from Sandeep Jaitly of First International Group (whose interview with Max Keiser exposing economics for fraud back in June was quite the hit) observes, by analyzing the continued funding unwind pressure, the recent liquidation move in gold is one that has to be taken advantage of. To wit: "The movements in the bases confirm that the recent downward move in gold against Dollars was as a result of Dollar funding pressures. Gold was lent on the swap against United States Dollars. This swap must be unwound and where a bid for gold was sought to raise Dollar liquidity, an offer of gold will be sought to unwind the swaps. - Zerohedge

Owning gold is based on two simple rules today.  Wealth protection in opposition to the purchasing power of a currency (dollar), and as long as the central banks (Fed) have to monetize, print money, or do any form of intervention and easing, gold will move inevitably up.
Gold is not in a 'bull market', or ANY market for that matter.  It is moving because it is the one true barometer of the global economy, and right now, we are in that temporary deflation period that always preceeds the disasterous hyperinflation one.

Friday, August 5, 2011

Economist Marc Faber discusses Bernankes next move

Is the fake academic an amateur, or a true carrier of money printing doom.  These are the items discussed by economist Marc Faber today with Bloomberg.

http://bloom.bg/mUFPqB#ooid=5jb25wMjoIxPYlFTLNz_Fjul3sHHs0ng