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Somebody is Trying to Crash Gold and Silver

Commodities / Gold and Silver 2011 Dec 16, 2011 - 05:46 AM GMT

By: Submissions

Commodities

Mach M writes: Somebody is trying to crash Gold & Silver price which are the pillars of world economy because all the important informations say "world money will get invested into Gold & Silver".

Gold & Silver are hedge against inflation and if they do not get maximum money invested then a loaf on bread will cost $100,000.


Better crash the world economy now instead of paying $100,000 for a loaf of bread.

In 2007 or 2008, "While markets across the world have been crashing, the Zimbabwe Stock Exchange has being seeing record gains as citizens turn to equities to protect their money from the country's hyperinflation.

In Turkey, 1982-2005, the stock market went up over 2,000,000%... about 66%/yr compounded. For those "lucky" enough to have been fully invested for the entire ride (and not accounting for taxes)... they STILL LOST 98% OF THEIR BUYING POWER IN THE DEVALUATION.
 
Just before the devaluation in 2005, a cup of cafe coffee cost 3,000,000 Turkish Lira. After the devaluation, a cup of coffee cost 3 New Lira... the devaluation was 1,000,000:1, lopping off 6 zeros.
 
Recalled from memory... look it up if you find this astonishing.

Rising stock markets are signs of inflation and Obama's multi Trillion dollars donation was directed to save stock markets.

The $50 Trillion bailouts printed by Barack Obama and donated to bankrupt companies and countries is causing high inflation in USA and other countries.

Related:

Obama: Dollar just an Illusion. US currency not Worth Anything

In a sensational interview  President Barack Obama provided some deep insight into the monetary system: "The dollar is just an illusion" - the US currency was actually not worth anything.

Specifically, Obama explained that the trigger for the financial crisis - the subprime crisis - wasn't actually a US-specific problem, but was a problem of the monetary system itself. This system involved compound interest effects that caused more and more debt, which in turn made it necessary to search for ever more debtors. The logical consequence therefore was that even people who were not credit-worthy were being lent huge amounts of dollars. Literally, Obama said: "Our money is an illusion."

The group of journalists then asked him to elaborate. Obama did not hold back: "Money is nothing other than debt. The money that you carry in your pocket is other people's debt. Money only comes into existence through debt. And that is precisely the problem that we are having right now."

http://www.mmnews.de/index.php/english-news/7593-obama-dollar-just-an-illusion-

Sincerely,

Mach

© 2011 Copyright Mach M- All Rights Reserved
Disclaimer: The above is a matter of opinion provided for general information purposes only and is not intended as investment advice. Information and analysis above are derived from sources and utilising methods believed to be reliable, but we cannot accept responsibility for any losses you may incur as a result of this analysis. Individuals should consult with their personal financial advisors


© 2005-2019 http://www.MarketOracle.co.uk - The Market Oracle is a FREE Daily Financial Markets Analysis & Forecasting online publication.


Comments

ed101
16 Dec 11, 14:13
that artilce about obama is probably a fake

first, that would have went around the world and i don't remember it.

second, i've googled all around, and i can't find that video.

conclusion: most probably a fake.


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