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sam_site
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HYPERINFLATION IS NIGH SO GOLD WILL GO HIGH - Egon von Greyerz - Matterhorn AM

The two criminal rackets propping up the US Government you won't hear about in the MSM, are the CIA Afghan heroin racket and the Petrodollar skimming racket on global oil sales. As these revenues decline, America will run greater deficits requiring more dollar printing and greater inflation.

The criminal globalists controlling the West are desperate to get Russia and Iran paying into the Petrodollar racket as they did with Iraq and Libya, propping up American and Western revenues, or at least cut off their non-Petrodollar pipelines in Ukraine and the one planned through Iran and Syria.

Despite what the deflationists say, inflation will always show up in food prices because buying food is unavoidable and directly reflects the quantity of the money supply or inflation. That's why gold is the better hedge and no the dollar will not be "King" for very long as hyperinflation takes hold - no matter what die-hard deflationists like Harry Dent and Martin Armstrong say.

Commented 2805 days ago

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Beginning of the headline :Hyperinflation is nigh so gold will go high By Egon von Greyerz This coming autumn, we are likely to see the beginning of the hyperinflationary phase of the sovereign debt crisis. Hyperinflation normally hits an economy very quickly and unexpectedly and is the result of the currency collapsing. Hyperinflation does not arise as a result of increasing demand for goods and services. The course of events in a hyperinflationary scenario can be summarised as follows: Chronic government deficits Deb... Read More

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