The Economy: Complete Meltdown still ahead...

In 2008, there was a retraction of the currency for the first time since the great depression. But the real effects will come later. As Mike Maloney says, there is a lag period of about 4 years between an event like this happening and the public feeling it.

The two biggest currencies: the dollar and the Euro are in trouble. If anyone of them tank, we are in for it! Remember, the problem is the central banks create money out of out of debt, but since there is always more interest than there is money to pay that debt, we can never pay back our debts.

The price of gold right now is about $1,600. In a hyperinflation situation, gold could surpass $20,000 an ounce. Silver could make an even higher jump, leaving the purchasing power of the dollar close to $0.10 - $0.01 per.

That means your $50,000 retirement fund would only have the purchasing power of today's average $2,750.

Do your research and get prepared Now!

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