SBSS 29. The End Of The Inflation Deflation Debate
By Silver Shield
Don’t Tread On Me
May 21st, 2012
I strongly believe that we will have a hyper inflationary depression, but if we do have a deflationary depression, the cure is still the same, gold and silver. In either a inflationary or deflationary case, the unsustainable fiat world stops and the entire complex, debt based, system collapses. There will be no functioning currency, no functioning economy, no international and domestic trade, no earnings to value stocks, no rents to value properties. Then there are the very real and very dangerous social consequences of this collapse, riots, starvation, disease and war. The entire paper wealth of the world will implode in either case. The only choice they have is to how long and how much energy are the Elite going to put into sustaining the unsustainable?
The only thing that will be left standing is stuff that has REAL tangible, intrinsic value. Things that people need to live like food, water, and guns. Commodities will have value, but most will get destroyed since so much of their wealth is determined by credit and trade. Without a functioning economy, what is corn in Iowa worth if there is no market that will buy it, or worse how do they plant the corn if they cannot buy the seed from Monsanto or get the fertilizer or fuel to harvest and transport the crops?
Gold and silver need nothing to show their value. They are worth something simply because they are rare and have uses. Actually a collapsing credit market may actually catapult gold and silver by eliminating the major players that have held gold and silver down through paper manipulation schemes. It may also help the gold and silver market as people lose faith in all other paper assets and rush into the very small precious metal market.