Hi Doc!
Thanks for all the coverage on Belarus and Greece. I wander if the U.S. will be more dramatic than Belarus? Hopefully silver will go up prior to a major collapse in the U.S.
Do you have an opinion on Bob Chapmans intel source. I provided the link below. What do you think this could mean.. Instant hyperinflation, or whats your best guess? (How prepared should one be?)
http://bobchapman.blogspot.
Scott,
As far as what to expect...Chapman has always stated that the end game will be a universal co-ordinated currency devaluation across the developed world to fix the massive debt problem. If TPTB "pull the plug", this would be an intentional collapse, which would be more along the lines of a massive currency devaluation, or brand new currency (most likely gold backed or linked) rolled-out to replace the dollar, yen, euro, etc.
Honestly, it would probably look similar to the current situation in Belarus, only more severe, and obviously wider-reaching. This would likely take place because the elite reach a point where they can no longer continue the status quo even with quantitative easing, etc. The advantage of this for the elite is that a planned take-down ensures they are perfectly timed and positioned for the new monetary order.
Hyperinflation will happen on its own if the authorities continue quantitative easing (money printing) in an attempt to continue to kick the can down the road.
I have no idea who Chapman's source is, but Chapman is very reliable. He advised readers to enter gold and silver at the start of the bull run in the early 2000's. He predicted the collapse in 2008. Even during the midst of the worst parts of the 2008 collapse, he was predicting the economy would improve somewhat in 2009 (when virtually everyone else was saying the world is ending now). Basically, we wouldn't bet against a prediction Chapman makes, whether we know the source or not.
Our advice: Be prepared well ahead of time in case he is correct- even if this never happens you will be perfectly positioned for increasing inflation and possible hyperinflation. Convert most of your holdings to physical gold and silver, and make sure you have a 3-6 month supply of food, medicines, and necessities on hand. Either a planned take-down or hyperinflation is a virtual certainty in the next 24 months, the dollar is on its last legs as the world reserve currency. Make sure you are well prepared for the death of our current system well ahead of time.
-The Doc
