$ Collapse, Faux Money and Real Tender

This is what happens, other countries stop buying our debt so the government can't pay it's bills. This is already happening, china the major purchaser of US debt is dumping dollars very quickly and making agreements with other debt purchasers to trade outside the dollar. While they are still buying debt this has become a greatly reduce amount while at the same time they are getting rid of their major holdings in dollars. So by buying dept the keep us alive while they unload as much US reserve money as they can. Other countries are doing the same thing.

The fed then declares a bank holiday when they intend on devaluing the money bringing it towards its true backed value. Bernaki in nov of 2002 gave a speech to this and said he would take five steps in a sustained depression which by all standards we have been in for a long time. He has taken the first 4 steps and the only one left is the devaluation. When this happens you will see over the bank holiday the value of the dollar against gold go down 40%. This is the first stage you are instantly worth 40% less overnight. Then because the dollar is worth less stores are forced to raise prices 40%, then cost to deliver go up gas goes up and the buying power for crude is greatly reduced and when our currency is no longer the world standard which a devaluation will cause we no longer enjoy the deeply discounted oil prices we get now. This means gas could in less then a week or two go up to a more realistic price of $15.00 to $20.00 per gallon. I say realistic because this is what most countries pay equivalently. When our world standard class is gone then we loose our discounted oil rates. Now this mean that prices in the stores continue to rise as cost of transport rises. Companies usually react to this type of thing with lay offs and reduced pay to compensate for the extra expenditures.

I would say past the initial bank holiday we would be looking at a downward economical spiral until everything is rebalanced. I have read estimates that with in a month a loaf of bread could cost around $8 to $10. Remember this would be every item you buy going up like this until a new balance is struck. Then because we are not the world currency standard as we are now, our dollar is solely valued against our gross national output which in economics standards must be less then we consume or we further devalue our money. Right now the US consumes about 5 times what it produces that is a major difference that will get adjusted for in hyper inflation. Only if you are in a gold standard which we are not can you use that to balance your moneys worth. 20 years ago Ron Paul and others even back to JFK wanted us back on a gold standard to avert this kind of problem. But the fed and it's insane backers have done everything to maintain control of our currency through the privately owned and run Fed Reserve.

So it is a complete spiral effect, now lets say today you own gold an silver and not paper. Then the dollar is devalued and it's value continues to drop. You would instantly retain the 40% loss in a gold to dollar ratio that increases 40%. So if gold is 1500 before the holiday it is instantly worth 2100 upon opening of the market after the holiday. You still have the same net worth and instantly compensate for the adjustment in the face value of your metal compared to the paper. This remains and continues to adjust as a hyper inflation sets in. So as long as you are holding gold or silver the value adjust to the dollar. If your holding dollars they adjust to the gold. So Friday you can buy an ounce of gold for $1500 but if you wait till after the bank holiday now it will cost you $2100. So if you bought at $1500 you sell back and your net worth doesn't change. In fact it will grow because the demand for hard metals will go through the roof as people try to dump the devalued money. This is historical fact with every country that has ever gone through a devaluation.

Since all signs are pointing to a future devaluation, this includes JP Morgan, Chase and most other major banks are buying tons of HARD GOLD this is driving the price. Even HSBC a Mexican based bank is no longer trading US dollars on the market. They are only buying investments in Passos "spelling". These are the signs they know it's coming. In addition the US gov seems to be trying to balance their books since 2008 they have been steadily buying more reserve gold. So if they do switch back to a gold standard to save the monetary system you paper could actually be worth pennies on the dollar or worse nothing.

They can literally like they did in the south after the civil war discard the old currency entirely then you have nothing. Worse case however, they will usually buy the old currency back at pennies on the already discounted value for the new currency. It's a very ugly outlook but very plausible considering our 16 trillion debt that is growing monthly. Just today it was announce they are asking for another debt ceiling increase.

As for your question about why don' they own it all, well there is much more then they have money. So just as money there is limited amounts and many people will not sell in the buck rates huge buyers want. So there is plenty to go around. Plus I think you will see a major increase in prospectors. Before a gram or two of gold you are panning for wasn't worth it but at the current rates a gram or two of gold is a couple hundred dollar a day income. So there will be a supply of gold and silver as the value goes up little guys like us can start prospecting and actually making a living but it is still rare enough and in high enough demand to keep new gold flowing. Remember once the gold is locked up there is still demand that creates the market for new gold.

Church of Quantum Consciousness

I'm going to listen to the whole interview but any basis in the establishment right now is shaky at best. I would say developing community standards of real silver and gold currency outside of the major currency is a better step as you can always buy into the new formations as they arise should you choose.

I will listen to the whole interview and update this later.

Church of Quantum Consciousness