Is the World Moving to A De facto Gold Standard?

Many individuals, nations, central banks,and even businesses around the world are buying more gold and silver than ever before. They do this as they see monetary inflation exploding in most of the major currencies and as they witness the death of the U.S. Dollar (Federal Reserve Note) and the Euro because of irresponsible and wild deficit spending in today's insane Western world.

As the Petrodollar dies and countries come together to trade using non-dollar currencies, precious metals, technologies and natural resources rather than dollars in their trading the dollar loses value as a reserve currency. This trend is escalating.

The Federal Reserve continues to lend Federal Reserve Notes created out of thin air to the U.S. government to finance its monstrous deficits even as the U.S. credit rating continues to fall (not as fast as some think it should). This monetary inflation destroys the purchasing power of the dollar and the value of the dollar as a savings unit. The dollar has lost 28% of its purchasing power since Obama came to power acting as the supreme ruler. This trend will continue for quite a while even if Romney is elected because the deficits are baked in and institutionalized. Neither candidate has presented a credible spending cut plan, deficit reduction plan, balanced budget plan, or a plan to deal with the Federal Reserve. The currency is doomed to become worth less and less every year until it is nearly worthless.

Major lending nations are backing away from U.S. sovereign debt. Why? Because they recognize that rapidly escalating and monstrous debts and deficits are destroying our credibility as borrowers. When debts get as large as the U.S. government's they are never repaid in a currency of the same value as that currency in which they were incurred. Smart people realize that the U.S. will, through monetary inflation, default on its debt. It is already doing so.

I have, along with others, been warning friends and neighbors about the problem of inflation since 1965. Few care, few listen, even fewer take action. Ignorance is bliss, but it does not prepare anyone for the inflationary danger we live with today. The problem has continued to grow since 1965 and is now escalating rapidly.

Now is the time to get educated about the terror of monetary inflation, what causes it, and what you can do about it. This is a matter of grave importance that should concern all families around the world. Those who prepare now will thank themselves later. A time will come when it will be too late to prepare. Don't be caught unprepared. Already there are millions of casualties that can be attributed to this global inflation. The dollar is one of them.

As the world loses faith in fiat currencies the people of the world may move to a de facto gold standard.


Investing in real estate, stocks, bonds, and precious metals is risky and could result in losing money. I am offering ideas for your consideration and education. I am not offering financial advice. Please do your own due diligence and study before making any decision to invest. I am not an investment adviser. You should do your own due diligence when making investment decisions of any kind. You should consult your own financial advisers before making any investment decision. I make no guarantees that by following any advice or suggestion I make that you will realize any return or that you will not see losses. Beware, all commodity markets and other markets carry risk of loss.



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