For those readers that still may not understand the manipulations that are occurring in the markets, precious metals, and commodities, Mike Maloney (best selling author on investing in precious metals) has done complete presentations of what is occurring (incuding facts and hard data) and what is likely to happen to fiat currencies around the world and the precious metals markets according to economic cycles and debt. I urge my readers to take the time to educate yourselves about our devalued fiat currency, and continue to buy as much silver as you can afford. The two-fer on this deal is that J.P. Morgan is going to take a significant hit if enough actual silver is residing in the hands of the middle class.
Mr. Celente covers the trends that he has been speaking about for years with a new twist; ‘a time release plague’. Alex, of course, asks him to be more specific and he talks about the obesity problem in our country, how it happened, the poisoned food we have been eating and how it is going to be taking a toll on our population as the economic pressure increases. He believes that we are going to be seeing a ‘thinning of the herd’, and the 20% of the population that are independent thinkers, not followers, are going to start leading the way.
“So, as its going down, you don’t have to go down with it. As its going down, see where gold is going. Think 100 times before you get sucked into buying another piece of real estate. Break the chains from those chain stores. If enough people stop going to Walmart,…stop going to Target, stop eating McDonalds. Guess what? They collapse. You know why? Because they are working on margins, and the only way those margins grow is by them expanding…. 20% of the people in this country can break those chains.”
(Listen up folks; there may not be much more time left. The ‘managed decline’ this administration, Treasury and Fed have been steering looks to have some outside influences.) Monster readers know that I have been concerned about the collapse of the dollar for some months now. According to Mr. Denninger over at Market-Ticker, “We Got … Read more