CONGRESSMAN RON PAUL PREDICTS 15 YEAR DEPRESSION
The Bail Outs keep flowing and the government keeps printing money making “safe” investments far from safe. The world markets will keep abandoning the U. S. Dollar as ridiculous economic policies will create a steep rise in interest rates and fuel hyper-inflation. It is foolish to be in stocks, bonds, CD’s or even Treasuries while the melt down continues. Gold and Silver are the only safe haven.
Worthless paper currencies from around the world will continue to devaluate and eventually collapse as the futile effort to haul the world economy out of recession will fail. “The current stimulus measures are making things a lot worse,” says Dr. Paul. “The US government just won't allow the correction the economy needs.” He cites the mini-depression of 1921, which lasted just a year largely because insolvent companies were allowed to fail. “No one remembers that one. They'll remember this one, it will last 15 years.” Are you ready? Will you survive? Think about that for a minute.
Dr. Paul estimates the dollar will implode within one to four years. “The dollar as a reserve currency around the world is done,” he says. He sees little hope for other currencies where central banks have also created too much liquidity dating right back to the early 1970s. “Europe and the U.S. will have to fundamentally change their money systems,” he adds. With gold and silver you will safe.
Don't even mention the stock market to Dr. Paul: “The last place you want to be is in the stock market,” he says. “It may not bottom out for 10 years just look at Japan.” Of course, everyone has a view on the credit crisis, its causes and solutions. Dr. Paul has been warning of these dangers to the world economy for nearly 40 years. “The breakdown of Bretton Woods was my motivation for running for Congress. I have been talking about the dangers ever since and warning that the control by central banks over the money supply would create an enormous bubble.” Call 1-800-950-9000 (24/7) LIVE for your FREE Copy of The Bretton Woods Agreement, to keep on educating you.
A deep recession had only been avoided up until now because of the efforts of successive governments to reflate the economy, but there are no more policy levers left, says Dr. Paul. “This is the big one.” “In the 1970s, we had stagflation, but not depression. Inflation depression is what you see in Zimbabwe.” The only hope according to Dr. Paul, and there is only one, which is gold. Dr. Paul argues that gold at $900 an oz. will look cheap in a few years. Gold will protect the value and buying power of your money as it has for over 6,000 years. Friend the only thing worse than failure is regret. Call Now and Order 1-800-950-9000 (24/7) LIVE. Can you afford the risk of not being ready?
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The government is printing money at a rate unprecedented in American History. Fueling this historical money printing binge is fear of deflation and depression. We see gold long term at over $2,100 an ounce. The stock market is melting down and the dollar will soon have a massive stroke when China, India and Japan stop buying Treasury paper. Don’t be fooled, we have many years of hard times ahead, while banks continue to fail. The truth is over 1,550 banks with assets of $2.3 trillion are not on the FDIC Danger Watch List. The FDIC under reported troubled banks by 6 times and assets by 15 times. Last Fall we had a $3 trillion cash run on U.S. Banks in one day.
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