Independent economist, Head of Shadowstats.com, John Williams, notes fissures in the foundation of the global reserve currency and domestic economy. The Federal Reserve governors may be bluffing with recent “tapering” comments from the FOMC. Our guest notes the stakes are high, amid potential runaway inflation, pandemic fallout and uncertain Fiscal policies.
Hyperinflation, vis-a-vie, Venezuela, Weimar and Zimbabwe could be imminent in the developed world, if central bank policymakers fail to keep the house of cards from imploding.
While gold remains the “king-of-currencies” and quintessential inflation hedge, the guest and host concur, for the typical household, the ideal insurance policy against financial Armageddon is as affordable as a bag of “Super-Silver” coins, comprised of pre-1965 silver dimes, quarters and halves, the survival currency of choice of a potential Mad-Max scenario…