Could ‘IT’ Be Coming To A Theater Near You?

As we all know by know, the G-20 countries met recently in London to discuss a strategy to address the global financial meltdown now underway. They were addressing a lot more than that...

What many do NOT know is that the “private” goal of the G-20 meetings was the “potential” creation of a NEW financial system based upon NEW units of paper or fiat money to help wipe the world’s debt ledgers clean.

Stay with me now...

Many argue that at this point, US debt is so far out of hand that the only way to eliminate it is to devalue existing currencies, mainly the US dollar and “re-inflate” ALL asset prices. “Tampering” with or “changing” the value of paper money is essentially what’s happening here. Yes, cheating - very easy to do nowadays with nothing tangible (like gold) backing currency.

A select few now argue this is a, quiet, coordinated effort to “devalue” ALL the world’s currencies at once (for the first time ever) versus each country doing it alone like in the past. It will create a brand new money system featuring three new currencies – a new dollar, a new euro, and a new pan-Asian currency, thus replacing the dollar as the world’s sole reserve currency. This would diversify reserve currency duties between the three instead of relying on just one, the US dollar.

Many think this will never happen. It’s been “talked” about before. But THIS is America’s 2nd Great Depression. Like it or not. Remember, this is a global meltdown, not just a US meltdown. Expert’s say, “it’s a race to the bottom” to see which country can drive their currency the lowest, to help their current debt balance.

NOW it’s time to profit form it, BIG time. Ready?

Through the process of changing the value of money, debts can be erased while asset prices become artificially “inflated.” Manipulation, yes. But guess what? Manipulation is what got us into this mess, and it’s manipulation that will get us out, as unfortunate as that sounds.

If and when this happens, the price of Gold and Silver don’t just go up…they go through the roof taking out everything in its way. To monetize 50% of American debt, the price of Gold would be $53,000 an ounce! To monetize just 10% of American debt, the price of Gold would be $5,300 an ounce! At this point, 10% would barely make a dent so do the math.

“So keep writing check’s Obama and the boys!” Those in the know are about to become very wealthy as a result.

I sure hope you own Gold and Silver like we’ve been teaching our members "how" at WMI for years now at the m2 and m3 Conferences. If the above is even partially true you stand to make a fortune in the next 5 years...

Comments

[Kirk Paterson]

Hey Andrew,

Really enjoyed this one. I just sold out of the Gold ETF I was long "GLD" in order to take profits and put them back into the ETF Kip recommends. Not in front of me but I think it's GDX. Going to diversify and grab some silver although not in a hedge sense but due to the higher expectations of percentage gains.

Cheers mate,

Kirk