Friday, June 24, 2011

Inside Sources: U.S. To Default On Its Debt

I've heard through a few sources with inside information that the U.S. is going to default on its 14 trillion dollars of debt very soon, that raising the limit is no longer an issue.  Such information has been disclosed on Wide Awake Radio news broadcasts June 21 and June 15th and recently from Lindsey Williams who was interviewed on the Alex Jones Radio program.  One source said within four weeks the dollar will be worthless.  Articles are also starting to appear about where not to be when the dollar collapses since it will be a catastrophic event.  See Top 5 Places Not To Be When The Dollar Collapses

Less concerning then having a means of money exchange should be where people will be getting their food and water from should the dollar collapse.  I noted when I went to buy bottled water a few days ago it was largely sold out with empty shelves. Food prices have skyrocketed so that there are far less sales there used to be.  I also noted I couldn't buy any roll of quarters for some reason.   These all little signs perhaps people are aware something's up ahead.

Lindsey Williams confirms Wide Awake News Guest's statement of June 15th that the U.S. is soon to default on its debt.

On the other hand, I've noted a pattern of precious metals salesmen writing articles about the impending currency collapse.  Here's a little something written by a silver precious metal salesman who always disguise themselves as caring about people to forewarn them, when the fact is they want to score a sale of silver:
The dollar collapse will be the single largest event in human history. This will be the first event that will touch every single living person in the world. All human activity is controlled by money. Our wealth,our work,our food,our government,even our relationships are affected by money. No money in human history has had as much reach in both breadth and depth as the dollar. It is the de facto world currency. All other currency collapses will pale in comparison to this big one. All other currency crises have been regional and there were other currencies for people to grasp on to. This collapse will be global and it will bring down not only the dollar but all other fiat currencies,as they are fundamentally no different. The collapse of currencies will lead to the collapse of ALL paper assets. The repercussions to this will have incredible results worldwide. - Top 5 Places Not to Be When The Dollar Collapses
After the above paragraph Charles Svoie included a link to his precious silver newsletter. What Charles fails to tell people is that silver had its largest drop per ounce in 30 years a few months ago losing $15 per ounce.  The dollar has yet to drop in value as much as silver has lately yet Charles completely ignores that fact exposing the hypocrisy of his intent.  Some say silver is headed to $15 per ounce before it ever picks up again, being clearly manipulated by various factors.  Regardless,  Charles is still promoting silver as a possible solution for the ailing dollar.

When one realizes people selling silver write this kind of stuff, one can't really trust the info any longer, at least without gathering far more sources.  Then again, one can't really trust mainstream media either since it's bought and paid for by special interests.  So who's to trust?  Perhaps one's own sixth sense and intuition is all that's really left besides a few longstanding trustworthy sources like Gerald Celente of the Trends Research Institute

Gerald Celente is one of the few people can trust to tell them what's really happening with the U.S. dollar, economy and world trends.

All this points to time running out to prepare for monetary collapse.  Everyone should store up on food, water, defensive weapons and emergency supplies right now.  The time is now to prepare for monetary collapse. I purchase my supplies through www.Nitro-pak.com.   If you live in a major city like Los Angeles or New York you may want to consider being somewhere else the next few months.