Hyperinflation Warning
POSTED BY: out2theblack
UPDATED: Saturday, August 8, 2026 19:27
VIEWED: 4736
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you would trust the word of a broker?
when its pretty clear by now they make most of their money by convincing you to make bad decisions they can profit from and stories about broker misconduct, churning, touting, and all kinds of stuff like that are all over the press as the investors take a bath while the brokers run snickering to the caymans ?
just because they are good at convincing you to make foolish decisions does not mean those decisions are not foolish, any more than the ability of a used car dealer makes that lemon worth buying, and what your brother is telling you is buy high, sell low, wrapped in lies and excuses to make it sound like a good idea by preying on the assumed ignorance of clients and convincing them to disregard their own common sense.
i would believe that no more than a used car dealers statement that the blue smoke coming from a cars tailpipe means its running correctly.
-frem
I do not serve the Blind God.
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Bytemite wrote:
Tuesday, July 13, 2010 05:12
...This is why I don't get gold and silver, I know you tried to explain it to me before O2TB, but food and water still seem to be the most valuable commodities in the world, from my perspective.
...If the economy crashes, that's going to make this brewing fight even worse. I'm much more concerned about having water than I am having gold.
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America is Insolvent. Why Would China's Rating Agency Rate US Sovereign Debt AA When it is No Better Than Junk?
by Matthias Chang
Global Research, July 19, 2010
For all intent and purposes, the United States is insolvent.
This is not my personal assessment but that of world renowned “experts” and economists, and financial institutions. Just google “US Debts” and you can find thousands of analysts stating that there is no way that the US can ever pay off its debts. The US cannot even liquidate the accumulated interest on the outstanding debts. The debts are in the trillions!
The Casey Daily Dispatch observed:
The simple reality the Fed is waking up to is that the structural underpinnings of the economy are damaged beyond any quick or easy fix. That’s because until the debt is wrung out of the system, either through default or raging inflation – there’s no chance of it actually being paid in anything remotely resembling current dollars – the equivalent of an economic Black Death is going to plague the land.
The American rating agencies, Moody’s, Standard & Poor’s, and Fitch Ratings still give the thumbs up for the United States – a whopping AAA rating. These same agencies gave AAA ratings to the CDOs and other financial products peddled by the Too Big to Fail Global Banks when they were in fact junk. It took the financial tsunami to expose their fraudulent practices.
So I don’t give too much credence to the ratings by these crooked institutions.
The National Inflation Association (NIA) believes that the real credit rating of the US should be junk. But you don’t have to believe them either.
So how do we know for sure that the US should be rated as junk?
Simple! Apply common sense to the facts before you.
Since the United States defaulted on its debts in 1971, when President Nixon refused global and sovereign creditors the right of redemption in gold for US dollars, it has been living on borrowed time. The United States conned the world into accepting its toilet paper currency and for those who dared to question the integrity of its fiat currency, the mighty US military was deployed to ensure compliance.
The global banking elites then employed subservient economists the world over to tout the merits of the floating exchange rate as the mechanism to determine a currency’s value. Countries were compelled by threats of war or coups to peg their currency to the dollar. The dollar became the “anchor” in place of gold. Trade had to be denominated in US dollar which gave the United States an undue advantage.
This “pegging” gave an illusion of strength of the US dollar and creditworthiness of the United States. While others have to produce and earn an income in a “local currency” and then exchange it for US dollars to import and or purchase goods (as over 80% of global trade is denominated in dollars), the “paper tiger United States” need only to print money to pay for goods and services when its income was insufficient to pay and sustain its standard of living.
For over 37 years, the United States got away with this con!
For over 37 years, people the world over sold their produce to the United States in exchange for a paper with a number printed on it, a number denoting its value i.e. a 100 dollar note etc. People just accepted the number printed on the paper as reflective of the “real value” of the currency. In reality it has no value. It costs a few cents to print the toilet paper currency.
Th
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Hello,
Nothing in this article explains why gold or silver will be worth anything during an economic collapse. Food, Water, Guns, and Ammunition would seem to remain the more intelligent investments if you really believe in financial Armageddon.
Gold is only valuable if the markets do not collapse, but merely weaken. This may well be the case, but that's not what the article author suggests. Rather, he suggests 'uncontrolled free fall' and 'Armageddon!' In an Armageddon, the only use for gold will be to make bullets.
--Anthony
Due to the use of Naomi 3.3.2 Beta web filtering, the following people may need to private-message me if they wish to contact me: Auraptor, Kaneman, Piratenews. I apologize for the inconvenience.
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And gold makes poor bullets and tools. It's a soft metal. Deforms easily.
Though generally I'd say the general outlook of the article and the economic forces is correct, this idea that gold is some kind of fallback strikes me just as much unfounded.
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In Siberia, the only 2 thigs that have any value are...
Vodka.
and
Bullets.
Welcome to the new world order.
THO I would argue that gold, platinum, and silver have intrinsic value.
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"National Inflation Association" predicting hyperinflation?? You have GOT to be kidding! Like Beck, fear mongering works great to sell gold, but it's assinine. Then again, there are a lot of assinine, ignorant people in America.
You taking orders, OTB?
Hippie Operative Nikovich Nikita Nicovna Talibani,
Contracted Agent of __________________, code name ‘Nike”,
signing off
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"And gold makes poor bullets and tools. It's a soft metal. Deforms easily."
Hello,
Gold makes excellent bullets. Carries energy well, and the deformation is desirable.
It's just not practical from a cost perspective. But if Gold were as common as lead, they'd sure make bullets out of it.
--Anthony
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Yeah, okay, I guess that's true. Some slugs are made to intentionally flatten on impact to make a bigger entry and exit wound.
Still can't imagine gold being worth more than food and water, if things come to that.
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Byte: You've got it now. What you make a bullet out of is dependent on what you want it to do. Soft, flat-nose, or hollow-point bullets are designed to enter the body and flatten and expand, doing traumatic damage and causing massive injuries and often instant death. Harder bullets with a copper jacketing (called "full metal jacket" rounds) are more like what is called for in battle, according to the Geneva Convention. These are designed and intended to go THROUGH the body, creating large wound channels, but ideally NOT killing.
I know that sounds weird, the idea of "shooting to wound", but the intent behind it is sound, from a logistical viewpoint. If you kill an enemy soldier, you've taken him out of the battle. If you WOUND him, you've taken HIM out of the battle, but you've also removed at least one other person (a medic, at least) from the action, and more likely two or three others, who have to carry the wounded back to an aid station. And while you can carry on a battle with dead soldiers around you, it's horribly disheartening and demoralizing to have wounded soldiers around you, crying out in pain for help. Wounding a soldier is actually a force multiplier compared to killing them.
Sounds crazy, but it's real war theory.
Now, MOST bullets are made with at least a lead core, because (a) it's cheap as hell, and easy to melt and pour, and (b) it weighs a lot for its volume, so a bullet made with lead carries more kinetic energy to its target.
You *COULD* make bullets with gold, and they'd work just fine, but you can make a whole hell of a lot more of them with lead, at least right now, because it's so much cheaper. If I were interested in buying metals that were going to be worth more in an apocalypse than they are now, I'd be loading up on lead, not gold! 
AURaptor's Greatest Hits:
Friday, May 28, 2010 - 20:32 To AnthonyT:
Go fuck yourself.
On this matter, make no mistake. I want you to go fuck yourself long and hard, as well as anyone who agrees with you. I got no use for you.
Friday, May 28, 2010 - 18:26 To President Obama:
Mr. President, you're a god damn, mother fucking liar.
Fuck you, you cock sucking community activist piece of shit.
... go fuck yourself, Mr. President.
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Hello,
Speaking of which, does anyone know a good simple do-it-yourself formula for gunpowder?
I've been wondering if a blackpowder weapon might not be a good idea, assuming I can manufacture the powder. Otherwise there's no benefit. (If I have to get my powder at the store, it's the same as getting my bullets at the store. So if there's no store...?)
--Anthony
Due to the use of Naomi 3.3.2 Beta web filtering, the following people may need to private-message me if they wish to contact me: Auraptor, Kaneman, Piratenews. I apologize for the inconvenience.
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