Dollar Crash Imminent?

Posted: 20th April 2010 by Randy Mack in Documents, Economics, Fascism, Freedom, Government, Legislation, Taxation

Photo: AP

February 20, 7:27 PMSioux Falls Conservative ExaminerLori Stacey

As myself and many others have been warning over the last couple of years, the ultimate crash of our currency is not a matter of “if” but a matter of “when”.  Gold is now back up over $1100 and even with all the manipulation going on in the gold market, I think we are at the point where no one will be able to hold gold down under value or keep the dollar afloat much longer.

I have been trying to warn people of this planned economic collapse and the reality that people would be better off to move out of the major metropolitan areas and into smaller, less populated areas.  For those of us residing in the Sioux Falls area, we are fortunate to be in a smaller community with a much lower unemployment rate than many areas of our country.  Jobs are still able to be found and the lower population would surely be preferable to a large densely populated metropolitan area.  When chaos comes, the last thing you want is to be in the middle of millions of people in a panic.

Some key players behind the scenes have been moving their assets from dollars to gold over the last few months especially.  Probably nothing is more telling than insider George Soros’ fund doubling down on bets that the price of gold will be surging soon.  This was just reported by Reuters and posted on MSNBC.com.  Some months back, I had reported on India making substantial purchases of gold.  Other countries have been preparing as well.  We had the revelation last week which was reported on my radio show “Freedom’s News Hour” regarding China’s decision to start dumping major holdings of toxic US corporate debt in retaliation for the US selling more weapons to Taiwan.  Let us also not forget the open proclamation of our leaders basically turning over our economy into the official hands of the IMF.  The IMF is to handle a new world currency.  This story broke after the G20 last year and was even widely reported in mainstream media.  Have Americans that are doubting our currency’s fate, forgotten all of these events or just not wanting to pay attention?

There are leaders around the world that have been openly calling for a world currency and new world governance.  What was planned in private for decades has been proclaimed in public view over the past year by many different world leaders.

My best advice once again is to prepare your families by stocking up on food, precious metals and other necessities that could be hard to obtain after a worldwide economic collapse of the magnitude no one living today has ever witnessed.

God bless the USA.