Federal Reserve (a private corporation) prints more dollars to buy US bonds.
You know I gotta tell ya…I have been depressed the last couple of months but after reading this email (below) I got from Mark Richards over at Swiss Metal Assets (not my surfing buddy Mark Richards) I AM REALLY DEPRESSED!
The thing that really gets me is…the last couple months no matter what I try I can’t get out of this funk…until today. Now I am more angry than depressed because everything Mark writes I believe to be true. So now I have a choice to be angry and depressed or just angry…or just depressed.
I choose neither.
I need to express it and get it out of me. The anger and depression. Or they will eat me up inside till I do something like start drinking again. I can’t do that…I am an alcoholic.
One of the best thing I can do is focus on the positive. And that is to know that there is a way I can protect myself and my family from the shit when it hits the fan. And I believe it will happen sooner or later.
That positive focus took me to invest in Gold.
My friend Mark says invest in Swiss Metal Assets…
My research has shown me I would rather invest my money in Gold IRA’s with
I encourage you to check out both and make your own decision.
Make sure you read what Mark has to say about the Federal Reserve and the state of our economy…John
By Guest Author Mark Richards ~ Swiss Metal Assets…
I was thinking today about someone I know. Let’s call him Peter – from the old phrase – I’m robbing Peter to pay Paul, since that’s what he reminds me of.
You probably know someone like this. It might be a friend, co-worker, relative, or an associate.
Peter loves to live it up. He has a good job… And he’s raking in some good dough.
He owns a home, eats out, travels, and drives a nice car…
Unfortunately, things have recently changed. Peter doesn’t want anyone knowing, but…
He’s getting cash advances on his MasterCard to pay the minimum interest on his Visa…
His credit cards are all maxed…
And that’s after taking out a second mortgage to pay them off a couple of months ago.
Because he’s made a couple of late payments, his credit ratings have plummeted – shooting up the interest rates on his loans and cards.
As if this wasn’t bad enough, every month, his paycheck is shrinking…
Many of his coworkers have been laid off, and he might be next.
But Peter wants to keep the party going.
When you ask him about his plans for the future, he tells you everything is going to be fine.
A dire situation right?
Federal Reserve In Dire Situation
It reminds me of the U.S. economy.
Actually, Peter’s situation isn’t nearly as bad.
If you haven’t noticed, you aren’t looking close enough.
The U.S. is sinking deeper and deeper into debt. To the point where they’re paying interest with – you guessed it – more debt.
When you count unfunded liabilities, the debt the U.S. is saddled with – meaning you, your kids, your grandkids, and great grandkids – is staggering.
Of course, none of us knows exactly how large it is, but $100 trillion is far too conservative, and estimates go well beyond $220 trillion.
These numbers are almost impossible for us mere mortals to envision. This might help…
Imagine lining up 100 trillion 1-dollar bills end to end…
They’d reach to the moon and back an incredible 20,282 times.
Unfortunately, we know its worse than $100,000,000,000,000.
Debt isn’t the only problem facing the U.S. either.
Unemployment has been over 7.5% for 54 months.
If people aren’t working, they aren’t spending. If they aren’t spending, the economy isn’t improving…
And if the economy isn’t improving, tax revenues are dropping. Leaving less money to pay interest on the outrageous debt.
So What Does The Federal Reserve Do?
Worse, like Peter, they want the party to continue.
Outrageous spending continues to increase…
Entitlements, war, research into why monkeys throw poop (no, I’m not making that up) etc., keeps getting worse.
The governments “solution” to all their woes is quantitative easing.
Simply put, that means the Federal Reserve (a private corporation) prints more dollars to buy US bonds.
Bonds are a form of debt. So, now the U.S. is deeper in to debt for a bunch of “funny money” that has been manifested out of thin air.
What happens next though, is even more frightening…
Now, we have all of this fake printed money floating around.
Actually, most of it isn’t even printed, it just exists as 1′s and 0′s in a computer somewhere.
Most of that money hasn’t hit the market yet; it’s just available to banks for lending purposes. When it hits, any money you have in cash is worth less than it was.
Simple economics. More money in circulation means inflation.
If you don’t get your money out of cash, stocks and other dollar denominated assets before the next ball drops, your savings could go up in smoke over night.
GO HERE FOR MORE FROM MARK RICHARDS and Swiss Metal Assets.
John here. Thank you Mark for the information.
Like he sais folks. Do something before your savings go up in smoke overnight. It is very possible we will all wakeup one morning very soon to find our accounts frozen, or not worth squat. Because your bank has gone out of business and there is nothing you can do about it.
You have bought gold and or silver or some of the other offers made by Regal Assets. You can have your gold delivered to you in seven days…guaranteed. They also boast a AAA+ rating with the Better Business Bureau.
Check Regal Assets out HERE.
If you are interested in making an investment in your future I HIGHLY recommend Gold and/or Silver as being the leading investment of our time. Do something your future self will thank you for. John
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Article: Robbing Peter to Pay Paul with Funny Money…Federal Reserve | Review