Prepare for Hyperinflation

From the National Inflation Association:

It doesn't matter whether taxes go up or down when the Federal Reserve can just print trillions of dollars out of thin air and steal from the savings of Americans through inflation. All these tea parties will do is encourage the government to create more inflation and eventually it will lead to hyperinflation where the U.S. dollar collapses and loses practically all of its purchasing power.

The people who will get hurt most by hyperinflation are those who Obama promised to protect. Americans getting ready to retire and live off of their savings, pensions and social security, will need to work the rest of their lives and hope that their wage inflation eventually catches up to price inflation. Unemployed Americans relying on unemployment checks will soon receive checks that aren't worth cashing because the money won't be enough to purchase even the most basic necessities.

The price of gold has dipped during the recent weeks because the IMF, the third largest holder of gold in the world with 103.4 million ounces (3,217 metric tons), is planning to sell their gold to provide financing to poor countries. We believe this is just a short-term dip that could last a little while longer, but is setting the stage for an explosive move to the upside.

Read the full statement below:

Forget the Swine Flu and Prepare for Hyperinflation