Mark Slavo’s SHTFPlan.com has an interesting article, here. Basically, our old friend, Alan Greenspan is saying that, “explosive inflation is looking for a spark…”
Got your preps in order? Made your major purchases? Got the ‘Dave Ramsey’ cash reserve available? Food? Got your NPT forming or formed? Looks like tempus is fugiting a bit faster, now. If Greenspan’s right about the time span (5 years), that still isn’t a whole lot of time…especially when other catalysts can cause things to ‘detonate’ at any moment.
Here’s a sample:
“Greenspan believes that in five years gold will be “measurably higher” than current levels because of the excess liquidity that will eventually be released into the open market. Such an event will undoubtedly lead to riots across America as the general public, woefully unprepared for rapidly rising prices when the pin finally pops the dollar bubble, loses access to affordable critical supplies like food, gas and other resources.
The collapse of the dollar, an inevitability suggested by Alan Greenspan, will be a game changer that results in the quadrupling of the cost of living for the average American.
All the while, as the United States stands on the brink of the most important event of our lives and in a world of extreme monetary and economic instability, stock markets are at all time highs. What’s more, the very resource sectors that matter – energy, agriculture, gold and the precious metals mining companies that get it out of the ground – have been decimated recently:
Most people [at the investment conference] seem to share my belief that we’re bouncing around the bottom… that we’ve not necessarily seen the absolute lowest prices in metals but that they can’t go much lower than this because we’re right around the all-in cost of production… Your downside risk is may be 20% but the upside risk for really good companies that have good projects is on the order of 300% to 400% once the market gets back into gear.”
It might be prudent to increase your training and preparations priority…and get some additional silver into your ‘SHTF stash’….