John Williams: Gold Panic & The Accelerating Great Collapse!
- John Williams – Gold Panic & The Accelerating Great Collapse!
by www.kingworldnews.com
With enormous volatility in key global markets this summer, John Williams, of Shadowstats, just released an incredibly important report which contained an ominous warning. This tremendous report also had a powerful chart as well, and King World News wanted to pass it along to our global readers:
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Here is the ominous warning from John Williams of Shadowstats: “U.S. Dollar Remains (the) Proximal Hyperinflation Trigger. The unfolding fiscal catastrophe, in combination with the Fed’s direct monetization of Treasury debt, eventually (more likely sooner rather than later) will savage the U.S. dollar’s exchange rate, boosting oil and gasoline prices, and boosting money supply growth and domestic U.S. inflation. Relative market tranquility has given way to mounting instabilities, and severe market turmoil likely looms, despite the tactics of delay by the politicians and ongoing obfuscation by the Federal Reserve.
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This should become increasingly evident as the disgruntled global markets begin to move sustainably against the U.S. dollar. As discussed earlier, a dollar-selling panic is likely this year—still of reasonably high risk in the next month or so—with its effects and aftershocks setting hyperinflation into action in 2014. Gold remains the primary and long-range hedge against the upcoming debasement of the U.S. dollar, irrespective of any near-term price gyrations in the gold market.
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