http://www.trunews.com/Audio/7_29_13_monday_trunews2.mp3 Today's Guests : David McAlvany and Michael Snyder Topic : In a special show focused on bringing clarity to complex economic issues, Rick is first joined by David McAlvany, CEO of McAlvany Financial Group, to discuss the downward spiral of the U.S. economy and the possibility of China introducing a gold-backed currency. In the second half of the program, attorney Michael Snyder, of the Economic Collapse Blog, comes on to help answer a question he recently posed: "Is It 'Anti-Faith' To Prepare For The Coming Economic Collapse?" Source: Particularly interesting from 15:00
Hyperinflanation is possible in us- the dollar as reserve currency is entered the initial stages of hyperinflation in the mid-year, and the effects the debasement of the dollar on gold.
We don't see prices increasing in any degree notable. No serious inflation let alone 'hyper'. It's all scare mongering talk hurry hurry we're on the edge of the cliff hurry end of world, simply because of vested interest depending on fears. It IS advisable to swap promised value to assets, but not at any price, and having patience to concentrate those asset purchases on moments least of the vested interest blabla club has bought those assets temporary, is the way to do that without being inflicted the same or higher loss than years/decades keeping promises that are partly held.
RE: buying assets Pirocco, would you consider shares to be in that category? Or are you referring to physical assets?
