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What Could Happen In The First 12 Hours of A US Dollar Collapse

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 Lorimer Wilson / Munknee.com

This is the scenario nobody thinks is possible but really at the end of the day, it’s not like the US can print money and live on debt forever right so when something cannot go on forever what happens when it stops?

So says Mark Jeftovic (http://wealth.net/) in edited excerpts of his introduction to a 7 minute video (see below) presented by www.inflation.us entitled The First 12 Hours of a US Dollar Collapse.

Lorimer Wilson, editor of www.FinancialArticleSummariesToday.com (A site for sore eyes and inquisitive minds) and www.munKNEE.com (Your Key to Making Money!), request that this paragraph must be included in any article re-posting to avoid copyright infringement.

Related Articles:

1. If You Are Not Preparing For a US Debt Collapse, NOW Is the Time to Do So! Here’s Why

Timing the U.S. debt implosion in advance is virtually impossible. Thus far, we’ve managed to [avoid such an event], however, this will not always be the case. If the U.S. does not deal with its debt problems now, we’re guaranteed to go the way of the PIIGS, along with an episode of hyperinflation. That is THE issue for the U.S., as this situation would affect every man woman and child living in this country. [Let me explain further.] Words: 495

2. This Will NOT End Well – Enjoy It While It Lasts – Here’s Why

…The US Government and its catastrophic fiscal morass are now viewed by the world as a ‘safe haven’. This would easily qualify for a comedy shtick if it weren’t so serious….[but] the establishment is thrilled with these developments because it helps maintain the status quo of the dollar standard era. However, there are some serious ramifications that few are paying attention to and are getting almost zero coverage from traditional media. [Let me explain what they are.] Words: 1150

3. Events Accelerating Towards an Ultimate Dollar Catastrophe! Here’s Why

With the U.S. election just months off, political pressures will mount to favor fiscal stimulus measures instead of restraint. Such action can only accelerate higher domestic inflation and intensified dollar debasement culminating in a Great Collapse – a hyperinflationary great depression – by 2014. [Let me explain why that is the inevitable outcome.] Words: 2766

4. Major Inflation is Inescapable and the Forerunner of an Unavoidable Depression – Here’s Why

Whether our current economic crisis will end with massive inflation or in a deflationary spiral (ultimately, either one results in a Depression) is more than an academic one. It is the single most important variable for near and intermediate term investing success. It is also important in regard to taking actions which can prepare and protect you and your family. [Here is my assessment of what the future outcome will likely be and why.] Words: 1441

5. An Inflation Inferno is Expected – but When?

Daniel Thorn­ton, an econ­o­mist at the Federal Reserve Bank of St. Louis, argues that the Fed’s pol­icy of pro­vid­ing liq­uid­ity has “enor­mous poten­tial to increase the money sup­ply,” result­ing in what The Wall Street Journal’s Real Time Eco­nom­ics blog calls “an infla­tion inferno.” [Personally,] I think it’s too soon to make sig­nif­i­cant changes to a port­fo­lio based on infla­tion fears. Here’s why. Words: 550

6. Major Price Inflation Is Coming – It’s Just a Matter of Time! Here’s Why

The developed economies of the world have opened the money spigots…[and this] massive money and credit creation is sitting in the banking system like dry tinder just waiting for a spark to set it ablaze. How quickly it happens is anyone’s guess, but once it does we are likely to be enveloped in a worldwide inflation unlike anything before ever witnessed. [Let me explain further.] Words: 625

7. 2012: More Money-printing Leading to Accelerating Inflation, Rising Interest Rates & Then U.S. Debt Crisis! Got Gold?

Evidence shows that the U.S. money supply trend is in the early stages of hyperbolic growth coupled with a similar move in the price of gold. All sign point to a further escalation of money-printing in 2012…followed by unexpected and accelerating price inflation, followed by a rise in nominal interest rates that will bring a sovereign debt crisis for the U. S. dollar with it as the cost of borrowing for the government escalates…[Let me show you the evidence.] Words: 660

8. The U.S. Debt Spiral: When Will it End? More Importantly, HOW Will it End?

The U.S. already has more government debt per capita than the PIIGS (Portugal, Italy, Ireland, Greece and Spain) do and it just keeps getting worse and worse thanks to both political parties. We are on the road to national financial oblivion yet most Americans don’t seem to care. They don’t realize that we have enjoyed the greatest prosperity we will ever see…and that when the debt bubble bursts there is going to be an immense amount of pain. That is a very painful truth, but it is better to come to grips with it now than be blindsided by it later. [Let me explain.] Words: 1140

9. Continued Money Debasement Means More Unintended Consequences, Social Disorder & Further Debasement of Society – Here’s Why

I keep wondering to myself, do our money-printing central banks and their cheerleaders understand the full consequences of the monetary debasement they continue to engineer? [Below is what I think awaits us.] Words: 1013

10. The “Great Crisis” Is Well On Its Way and Will Make 2008 Look Like a Joke!

For over two years now, I’ve been warning that the 2008 Crash was just a warm up and that the REAL Crisis would occur when the stock market realized that the Central Banks, lead by the US Federal Reserve could NOT actually hold the financial system together. Well, the Crisis I’ve been warning about is here. [Let me explain.] Words: 306

11. Current Long Wave Kondratieff Winter Snow Storm to End in an Economic Avalanche – Here’s Why

There are several variations of Long Wave theory, but the most famous is based on the work of Nicolai Kondratieff, a Russian economist who gave the various stages seasonal names, with summer and autumn denoting the peak of financial speculation and winter the aftermath of the resulting crash. The conditions for a global catastrophic failure are in place. Snow (in the form of trillions of new dollars and euros) is falling. There’s no way to know which dollar (or which external event) will start the avalanche, but without doubt something will. [Let me expand on why I hold that view.] Words: 888

12. The Doomsday Cycle: There are More, and Worse, Crises to Come! Here’s Why

Industrialised countries today face serious risks – for their financial sectors, for their public finances, and for their growth prospects. This column explains how, through our financial systems, we have created enormous, complex financial structures that can inflict tragic consequences with failure and yet are inherently difficult to regulate and control. It explains how this has happened and why there are more and worse crises to come. Words: 2434

13. Gold to Go Ballistic Causing the Dow-Gold Ratio to Ultimately Reach 1:1 – Here’s Why

In an environment of ultra expansionary monetary policies…the long-term trend for gold is higher and as inflation surges, gold will go ballistic resulting in the Dow-Gold ratio touching one. [Let me explain why that will indeed be the case.] Words: 760

14. Gold to Go Ballistic Causing the Dow-Gold Ratio to Ultimately Reach 1:1 – Here’s Why

In an environment of ultra expansionary monetary policies…the long-term trend for gold is higher and as inflation surges, gold will go ballistic resulting in the Dow-Gold ratio touching one. [Let me explain why that will indeed be the case.] Words: 760

15. von Greyerz: Gold Going to $3,500-$5,000 in 12-18 Months – and $10,000 Within 3 Years!

There will be a catalyst coming soon, probably some concerted action of money printing between the Fed, IMF and the ECB. That will happen as a result of the economies, worldwide, collapsing….The catalyst could come from anywhere but the money printing will be part of the next move in gold, that’s for certain….[and it] will lead to collapsing currencies, and investors buying gold at any price…I see gold reaching $3,500 to $5,000 in the next 12 to 18 months. Within 3 years, I see the gold price reaching at least $10,000

16. Stephen Leeb: We Will See Three Digit Silver in a Couple of Years & Much Higher Gold Prices! Here’s Why

The Western world is going to need even more easing, more money. All of this is incredibly bullish for gold longer-term. I do think you have to navigate the end of the euro before the next massive move in gold, but that’s coming. It’s possible that gold may get hit initially as the euro fails, but you have to buy it if it does.

17. Goldrunner: Price Target of $10,000 to $12,000 for Gold Still Holds

My Fractal Gold chart work is a direct comparison of Gold, today, to the late 70’s Gold Parabola. Thus, “timing” is taken directly from the late 70’s cycle, with price targets created from a combination of the late 70’s Gold price and different technical analysis techniques. We developed a price target back in 2006/ 2007 for Gold to reach the $10,000 to $12,000 range during this Gold Bull and we still stand by that forecast. Let me explain where we are at this point in time.

18. New Analysis Suggests a Parabolic Rise in Price of Gold to $4,380/ozt.

According to my 2000 calculations, if interest rates and inflation stay constant over the next 2 years, we could expect to see (with 95.2% certainty) a parabolic peak price for gold of $4,380 per troy ounce by then! Let me explain what assumptions I made and the methods I undertook to arrive at that number and you can decide just how realistic it is. Words: 740

19. Update: 51 Analysts Now Maintain that Gold is Going to $5,500 – $6,500/ozt. in 2015!

Lately analyst after analyst (161 at last count) has been climbing on board the golden wagon with prognostications as to what the parabolic peak price for gold will eventually be. That being said, however, only 51 have been bold enough to include the year in which they think their peak price estimate will occur and they are listed below. Take a look at who is projecting what, by when and why. Words: 644

20. Is Gold About to Go Parabolic to $3,495 in June ’13; $10,899 in Sept. ’14 and Top Out at $32,659 on Jan. 16, 2015?

According to a recent Elliott Wave theory analysis gold is about to go parabolic reaching $3,495 in June 2013, $6,233 in April 2014, $10,899 in Sept. 2014, $18,712 in December 2014 and culminating in a parabolic peak price of $31,672 on January 16th, 2015! See the chart below. Words: 600

21. New Analysis Suggests a Parabolic Rise in Price of Gold to $4,380/ozt.

According to my 2000 calculations, if interest rates and inflation stay constant over the next 2 years, we could expect to see (with 95.2% certainty) a parabolic peak price for gold of $4,380 per troy ounce by then! Let me explain what assumptions I made and the methods I undertook to arrive at that number and you can decide just how realistic it is. Words: 745

22. Alf Field: Gold STILL Targeted to Reach $4,500 – Preceded By Violent Upside Action

We now have a really strong probability that the correction which started at $1913 on 23 August 2011 has been completed both in terms of Elliott waves and also in terms of time elapsed. If this is correct, the gold price should soon be expressing itself in violent upside action as it moves into the third of third wave which is still targeted to reach $4,500. [Let me explain in detail (with charts) how and why my most recent analyses confirm my earlier target of $4,500.] Words: 1085

23. Goldrunner: Silver to Rocket to $60 – $68 and Then Much Higher

Personally, based on the fundamentals at hand and the fact that Gold doubled its log channel around this point in the cycle; I expect Silver to bust up out of its log channel in 2013. Initially, I look for Silver to reach the $60 to $68 level, first and hold open the possibility for Silver to do much more on the upside as the 70’s Silver Chart reflects.

24. Alf Field Sees Silver Reaching $158.34 Based on His $4,500 Gold Projection!

This article was prompted by a question enquiring what the silver price might be if my gold forecast of $4,500 proved to be correct [see my article entitled "Alf Field: Correction in Gold is OVER and On Way to $4,500+!" and I have settled on] a target price of $158.34 for silver. [Let me explain how I came to that specific price.] Words: 850



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    Question   Razz  Sad   Evil  Exclaim  Smile  Redface  Biggrin  Surprised  Eek   Confused   Cool  LOL   Mad   Twisted  Rolleyes   Wink  Idea  Arrow  Neutral  Cry   Mr. Green

    Total 7 comments
    • BECAREFUL WHAT PEOPLE SAY

      So what yor saying is for us to bend over and kiss are ass good by right???? :mrgreen:

    • CosmicKiwiPerth

      Erm; read number 3. It says with the election months away… I didn`t bother to read any more except the brief paragraphs. This is just repeated from months ago.

    • Fake-it

      Trust me, there won’t be any dollar collapse any time soon.
      Why do you think they are doing all of these bail outs and QE’s?
      To help the system for another few years, not days, weeks or months!

    • Fake-it

      Actually, if anything happens, it will be the US dollar going up, not down!
      Be careful with Gold, it will go down soon!

    • trouble8696

      IT was 2008 …Lehman Brother collapses , the financial Crisis started… Lorimer Wilson…said the same thing… different words … A Great Collapse, hyperinflation, great depression & events Accelerating towards Ultimate Dollar Catastrophe…Than the federal reserve starts QE1…It was November 25 th 2008… Lorimer Wilson / Munknee.com said Identical stuff …that the Sky was about to fall…QE1 ends…than QE2 starts , November 3, 2010 …Lorimer said almost the same thing = SKY is about to FALL…Prepare…than comes QE3 ( present )…same old. same old, except this time… Lorimer Wilson / Munknee.com , are saying Run for UR bunker , Prepare & buy GOLD,gold & GOLD… because in first 12 days , US citizen will witness a Great Collapse…that is if it Happens & the $$$ collapses …WHILE these pundits are not telling We the People the REAL Story…that in 2008 U.S. government ( U.S shadow government ) made the HUGE BANK go bust in order for BO to WIN the elections & persuade people a massive financial BAILOUT is needed…In other words the LOOTING of AMERICA started with a bang in modern times ( though its happening for a long time )…People who feel out of control are the most likely to …SEE… patterns where there are NONE …These are the same sort of nutcase ,who think or trust that a lucky pair of socks will help them win the lottery… :lol: …Not that things are NOT BAD…trust me they are…BUT $$$ collapse is not Happening sooner ( YET )…Maybe when the FED reaches QE 18…Now U guys might ask …How come it will happen , when the FEDS reach QE18…well , i will tell U folk’s WHY ???…Due to Cabala , numerology or the ancients Describe the Number 18 ( eighteen )…with the Image: A Rayed MOON, from which Drops of Blood are falling…A Wolf & a hungry Dog are seen Below , catching the falling Drops of BLOOD in their opened Mouths , while still lower, a Crab is seen hastening to Join them… Frighting right Folk’s…18 symbolizes materialism striving to DESTROY the spiritual side of NATURE…I’m not going to Laugh this Time…but :arrow: :cry:

    • Anonymous

      this shit is over yr old

    • Pix

      It’s already too late. The austerity measures being implemented will ensure its collapse.

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