Scizorliscious said:
Porter Stansberry said:
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Also, on the first Friday of each month, I'll send you my monthly newsletter, Stansberry's Investment Advisory. I'll keep you up to date on exactly what's going on regarding this financial crisis, and I'll show you some unusual and incredible ways to make money now and as it begins to unfold.
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And... every day the markets are open, I'll send you my paid-subscribers-only e-mail called the Stansberry & Associates Digest.
In short, I report on all the work my firm is doing... the most interesting investment ideas... what we're researching now... and what we expect to happen in the months to come.
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Yeah... I'm not sure we can really take this entire thing for fact, just based on these last paragraphs.
While this will likely happen at some point unless we turn ourselves around and really buckle down on the debt, I doubt what this article claims will happen within the next year. But that's just me.
You young folks are about to be hit the hardest of all, when this financial collapse unfolds and for a couple of reasons. I am giving you this information so you can watch for the events yourselves and see them unfold . I am not Porter Stansbury and I am not looking for investors, for a business of any type. Porter missed some really important signs which I will provide for you to watch for and consider.
Porter is correct, the US dollar is overextended and it will experience partial contraction (somewhere around 50% instantly). However since the remainder of currencies are tied to the US dollar, they will experience the same currency failure. This will not lead to a central currency as the global socialists would like (IMF). This will lead to a contraction of countries within their own limits and within their own currency. I May likely lead to the end of FIAT currency and the return to hard currency as the method of exchange for international trade (most likely).
So what are the signs I spoke of? And why are young people so susceptible to the failure?
Young people have been assimilated over the past 4 decades in the United States into a doctrine which only allows truth to be understood, based upon metaphysics and dialectics. This doctrine is the same doctrine upon which Marx & Engels built their system known as Communism. However Communism, like its counterparts Socialism and Progressivism are only methodologies of implementing the doctrine. Poke Mon is a methodology for getting you to accept the doctrine and it includes Darwins use of dialectics at its base. Believe it or not. Your game is actually subverting your mind into the direction that the Marxists want you to go.
The next financial crisis is already underway, it started when the US government and the FED started monetizing our debt (printing money), The government and the FED, used the printing of money and the reduction of interest, to drive investors into the stock market and it worked. The stock market is the only place investors can actually make money right now on their investments, but remember the market is over heated and over stated by about 60 - 70 %. Expect it to fall at least 50% in the next 24 months.
The sign of the beginning of the financial failure was the printing of money and one other overlooked activity. FIAT currency (paper money) obtains its worth from the transactions which take place in its name. Its the same as your character in gaining strength by the battles its won and retains under its belt. But what would happen if your character was to loose 1/2 of its battle strength? Well the US dollar is about to experience the same identical issue. You are watching it unfold in the Middle East. As your current president goes through the Middle East overthrowing existing governments (Egypt, Libya, Syria), the Muslim Brother hood who is supported by Iran (ally to Russia) is going behind them and implementing their people in government positions of control (basically slamming the door in the face of the United Sates). What this means is that eventually the Middle East will be controlled by Iran's Muslim Brotherhood and the oil business will shift away from its current monetary policy, which is to base all transactions on the US dollar. Those transactions with OPEC are worth about 5 -6 trillion dollars per year. Currently we have about 10 trillion US dollars in circulation (you do the math).
The collapse will cause panic and chaos for those who are not prepared and the Communists will attempt to take over the government.
So what can you young people do?
Get your self some actual silver (gold is just too expensive), and find a place to store food and water (you will need both), you will need defense weapons in order to protect your food and water source, and winter clothing. Expect power to intermittent and water as well. Move to the South if possible.
Last, get out of cities. Everyone will be in a tough spot, and they will contract back to their mooring points, which will be their families and their church organizations. Cities, especially big cities, will be the worst places in the United States to exist, because they will retort to gang rule, and fight over what little remains there (food and so forth). The grocery shelves will dry up almost overnight. I would escape those now if at all possible. The US military (what ever is left of it) will spend all of its time trying to control the cities. It will be tough but the United States will not end, it will be in dire straits however, until we get the Marxists out of ruling positions.
How much did I charge you for this information? Nothing
Why? because you have been lied to and deceived. I want you to watch for the sign in the Middle East, when you observe the Middle East contracting and the US 5th fleet leaves Bahrain, you should be in a position where you can stay safely, for at least 6 months to a year. The financial collapse will occur quickly so you will have to be ready for it ... it is going to come and you can not stop the occurrence, but you can put off the effect it will have upon you personally. Your planning, might even save your family. Buying items in bulk such as peanut butter is a great idea, and keep gallons of water in reserve. You will need to barter with the silver and any other possessions you have. The landscape will change quickly and food, water, silver and other items such as medicine will become the most valued possessions one could have on hand to barter with.