How I Know that the US Dollar Will Collapse

IMG Auteur
Published : October 17th, 2013
227 words - Reading time : less than a minute
( 6 votes, 4.3/5 )
Print article
  Article Comments Comment this article Rating All Articles  
0
Send
0
comment
Our Newsletter...
Category : Crisis Watch

Every single fiat currency in history backed by nothing has collapsed due to hyperinflation that destroyed these currencies and made them worthless. It’s quite ironic that people are still talking about the possibility of hyperinflation affecting the US dollar and the British pound sterling when in fact hyperinflation has already happened to both currencies. How else would you explain a 98.5% devaluation of the US dollar and a 99.5% devaluation of the British pound sterling since their inception? For example if you bought a house for $20,000 in 1913 US dollars, you would now need $1,000,000 equivalent 2013 US dollars to buy that same house. Is not the devaluation of $20,000 to have the same purchasing power as $1,000,000 hyperinflation. If not, then what is?

In the below video, I speak about why historical monetary facts tell me there is a 100% chance of US dollar collapse, and that this complete collapse that will forever restructure the wealth of families, will likely happen within the next 5 years. In fact, when you look at facts, the absurdity is not to believe that the US dollar will not collapse, but it is in fact, absurd to believe it will not collapse and will not collapse soon.

(Either JavaScript is not active or you are using an old version of Adobe Flash Player. Please install the newest Flash Player.)

<< Previous article
Rate : Average note :4.3 (6 votes)
>> Next article
IMG Auteur
JS Kim 13 abonnés
JS Kim is the Managing Director and Founder of SmartKnowledgeU, a fiercely independent investment consulting and research firm that devises investment strategies to protect Main Street from the fraud of Wall Street.
WebsiteSubscribe to his services
Comments closed
Latest comment posted for this article
Be the first to comment
Add your comment
Top articles
MOST READ
World PM Newsflow
ALL
GOLD
SILVER
PGM & DIAMONDS
OIL & GAS
OTHER METALS
Take advantage of rising gold stocks
  • Subscribe to our weekly mining market briefing.
  • Receive our research reports on junior mining companies
    with the strongest potential
  • Free service, your email is safe
  • Limited offer, register now !
Go to website.