It is not too late to hop on the Gold Train. Now approaching $3000 per ounce, Silver blasting ahead at $34 per ounce. Countries are dumping dollars like rotten potatoes; soon the world creditors will cometh, demanding 10% or more in interest to purchase treasuries. You say, “no way in hell”, watch and listen to the dollar implosion. $35 Tril in debt is not something you take for granted. Do you here the knock on the door? Leg Breakers are not fooling around, they want their money, NOW!
Back in the day of Weimar, the Germans were experiencing Super-inflation, the kind we Americans will experiencing in the years ahead. The government had to print million-mark notes, then billion-mark notes. By November 1923 one U.S. dollar was equivalent to 1,000 billion (a trillion) marks. Famously, it was observed at the time, a wheelbarrow full of money could not buy a newspaper, while one German student recalled ordering a cup of coffee for 5,000 marks and then a second whose cost had risen to 7,000 marks in the brief time it took him to finish the first. Shopkeepers could not replenish their stock fast enough to keep up with prices, farmers refused to sell their produce for worthless money, food riots broke out, pensioners starved, and townspeople marched into the countryside to loot the farms. Law and order broke down.