If True, Get Ready for Hyperinflation

      
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steve
steve
1 month ago

That’s the goal of the PTB! Destroy us all!

Roth Harbard
1 month ago

NO ONE is coming to save us. The time has come to man up, prep, and be ready for conflict.

Matt
Matt
1 month ago

$2355 as of 1930 EST. I believe it hit $2376 Thursday or Friday. Silver hit $30. It will get there soon. I think the Fed is doing everything they can to suppress the pri e of precious metals. Print worthless paper and buy up precious metals.

kal kal
kal kal
1 month ago
Reply to  Matt

This is US market close Friday figures, the rest of the gold market is open.

173dVietVet
173dVietVet
1 month ago

(Sorry : thumbs too big to type)
Silver or any other commodity skyrocketing will not bring on hyperinflation.

However, Congress-swines continuing to spend like a drunk Madame Zelensky using our Pentagon’s credit card, will helpbring hyperinflation by flooding the nation with Dollars borrowed and created out of thin air. And what will doom us to hyper-inflation is when the Dollar is abandoned as the world’s reserve currency.

Other nations today still need Dollars to buy things on international markets.
Example: If Ecuador wants to buy rice from Malaysia, the transaction is handled through Dollars. That means Ecuador has to keep an amount of Dollars on hand just as Malaysia has to keep some.

But when the BRICS consortium gets in operation and the Dollar is not needed by nations to trade with others, then all of those Dollars will be off loaded. That dumping of Dollars will make the Dollar exchange rate with foreign currencies crash causing US citizens to have to pay way more to buy things from other nations. (Please recall how much we do not now manufacture in this nation and must buy from others….) So those surplus Dollars, not needed by foreign nations, will continue to add up. Increaseing the Dollars significantly in our hands ( added up and accumulating in US banks) will be the beginning of hyper-inflatiron.

Perhaps some educated economist can explain it better.

But from my lowly position, I think it is erroneous to claim that hyper-inflation can be brought on by skyrocketing prices on the gold or silver markets.

Pastor Guest
Pastor Guest
1 month ago
Reply to  DRenegade

Yep. War requires a lot of money. Create more money, the money that is created is worth less.

kal kal
kal kal
1 month ago
Reply to  DRenegade

FED NY governor said yesterday that rates will likely be raised due to continuing inflation. They tried a late Friday rescue but coming US market open on Monday, well, buckle up.

Phil
Phil
1 month ago

The more this lunatic Marxist psychopathic government of ours continues spending like maniacs gold and silver will keep going up thru the stratosphere, and when the dollar goes and it will be horrific.

Jane
Jane
1 month ago
Reply to  Phil

That’s the plan.

kal kal
kal kal
1 month ago

Celente predicted $3000. gold another man in Israel predicts five digit gold.

Green Hornet
Green Hornet
1 month ago

Gold spiked then settled. It’s trading up $57 now.

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Bill
Bill
1 month ago

Kitco says differently