The Worst Case of Hyperinflation in History
Posted: Sun Sep 07, 2014 12:25 pm
http://www.rogershermansociety.org/yugoslavia.htm
We all understand why we are stacking. Studying the episodes of hyperinflation (29 since currency was changed to fiat, rather than backed by gold)
will inform the reader of timing for "the end game." Although skeptics roll their eyes at pie-in-the-sky predictions of gold hitting $10.000 an ounce or more,
all bets are off once hyperinflation takes force. The danger will prove to be selling too early, for a quick illusive "gain," rather than holding on too
long. Selling gold at $10,000 an ounce will only produce seller's remorse... if that same ounce of gold becomes worth $20,000 a few days later.
(don't think that's possible? Read the article... 100% inflation per day at its worst in Yugoslavia)
A wealth transfer will occur, but it will accrue mainly to those who transfer their wealth (via silver and gold) through the coming tribulations until
a new currency is configured... rather than those opportunists who are envisioning "get rich quick schemes" (denominated in dollars) who plan to
buy and hold (for much higher prices), or buy and flip (for nominal "profits"). Those who fail to protect themselves with physical precious metals held
outside banking institutions, relying instead entirely upon fortunes based on fiat... will eventually find themselves destitute. You, dear readers, who
already hold silver and gold... will become the new 1% elite, in time.
We all understand why we are stacking. Studying the episodes of hyperinflation (29 since currency was changed to fiat, rather than backed by gold)
will inform the reader of timing for "the end game." Although skeptics roll their eyes at pie-in-the-sky predictions of gold hitting $10.000 an ounce or more,
all bets are off once hyperinflation takes force. The danger will prove to be selling too early, for a quick illusive "gain," rather than holding on too
long. Selling gold at $10,000 an ounce will only produce seller's remorse... if that same ounce of gold becomes worth $20,000 a few days later.
(don't think that's possible? Read the article... 100% inflation per day at its worst in Yugoslavia)
A wealth transfer will occur, but it will accrue mainly to those who transfer their wealth (via silver and gold) through the coming tribulations until
a new currency is configured... rather than those opportunists who are envisioning "get rich quick schemes" (denominated in dollars) who plan to
buy and hold (for much higher prices), or buy and flip (for nominal "profits"). Those who fail to protect themselves with physical precious metals held
outside banking institutions, relying instead entirely upon fortunes based on fiat... will eventually find themselves destitute. You, dear readers, who
already hold silver and gold... will become the new 1% elite, in time.