Gold and Silver Are Sounding The Alarm | via @FIRETOWN #GATA #metals #armstrong #fraud

Gold and Silver Are Sounding The Alarm

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Gold is Sounding an Alarm Few in the Mainstream Media Want to Discuss

The questions is – Why are Gold and Silver
Price Alarms going off?

First, Western World budget deficits are now totally uncontrolled. Debt is
esentially destroying the Western World

Second, The Obama administration has saddled us with enough debt at the
federal level to last three generations all in the name of “stimulus”.

Third, The US Federal Reserve is Insolvent and Bankrupt They have flooded the system with liquidity through
Quantitative Easing

They have loaded their balance sheet with worthless loan paper and reduced
interest rates to 0% for over 20 months

And What have been the results? Paralyzed job growth., record unemployment,
record food stamps, and record poverty levels.

Gold and Silver are sounding the Alarm, but Food and Energy price increases
will soon follow.

The face of Inflation has recently reared its ugly head in commodity prices.

The Commodity sector is driving food prices to levels not seen since 2008.
(Graph of Commodities prices)

When higher commodity prices translate into $500 grocery bills, recession
weary americans may go into economic shock.

Energy Prices have stayed in check, but this may be the calm before the oil
price storm.

When oil and energy prices rise rapidly, home heating bills, home cooling
bills and gasoline prices will join the long list of soaring costs nationwide.

Remember when gasoline went to $5 dollars per gallon? A sheer panic ripped
across this country. It’s coming again, but be prepared for the prices to
stay

The combination of skyhigh food and gasoline prices may be the final nail in
the coffin of the American Middle Class.

Travelling with Physical Gold Coins as
insurance will soon become the norm. In many parts of the world the 1996 $50 or
$100 US note is worthless because of the quality of counterfeits being printed
internationally.

In Europe, American travellers are learning that the US Dollar is untradeable
on the street. And Personally, 1 gold coin got me out of a very bad situation in
Mexico City during the H1N1 outbreak.

Make no mistake about what you are seeing, especially with the price action
of gold and silver.

Both metals are signifying a loss of confidence in the Dollar and
particularly in its management team.

The Price of gold is no longer mental speculation, but rather reality hiding
in plain sight.

The Day when every American recognizes paper bills as trash and gold and
silver as true money, is almost here.

Popularity: 18% [?]

This entry was posted on Saturday, October 2nd, 2010 and
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