SGM Metals: Global Currency War Debauching ALL Currencies Against Gold!

PALM BEACH GARDENS, Fla. - April 1, 2013 - PRLog -- Munkee.com reports: [ ALL CURRENCIES ARE BEING DEBAUCHED. Each unit of currency is losing purchasing power at an increasing rate. The trend points to a worldwide currency collapse unless the creation of money stops.

James Turk says: Look at the black arrow on the chart. It’s not a straight line, but rather, a parabola. If it were a straight line, the gold price would be rising at the same rate but because it is a parabola, gold is rising at an ever greater rate. Gold is in an exponential upward trend. This is exactly the pattern that you see when a currency is heading toward hyperinflation, & this chart shows all four currencies headed that way.

The chart shows gold rising in all currencies,proving they are being debauched. The price of gold in each currency approximates a parabola, meaning the use of printing presses is accelerating. Each unit of currency is losing purchasing power at an increasing rate. The trend points to a worldwide currency collapse unless the creation of money stops.

Gold is sought by investors as protection against currency devaluations. Gold is the ultimate store of value & is an excellent store of wealth in times of depreciating currencies. ]

It was banks that leveraged themselves at a ridiculous 50 & 100/1 & then used that imaginary book entry to fund leveraged derivative trades in the trillions, only to have them implode on their balance sheets & render the banks insolvent after making millions in profits & fees. From there, these very banks then whined to the govt. that if they didn’t agree to take these imploding investments off the banks balance sheets & strap them on the backs of unsuspecting tax payers the inescapable outcome would be that the banks would implode & with their demise would also come the evisceration of the average Joes savings, checking, CDs, IRAs & 401K. So they held the govt. hostage & started the federal welfare program with the original banker bailout & from there it just became an extortion scam that would make Al Capone blush. The banks then kept coming back for more & more because they knew they could. If the Congress began to have a conscience or listen to the outrage of the people & suggest they were unwilling to keep shoveling the banks more money the banks would threaten to not only disappear the wealth of the citizens but the hundreds of billions of tax dollars they got in the banker bailout, so the scam continued indefinitely.

The FED has masterfully orchestrated a way to suspend the bailout dollars so they wouldn’t create inflation on Main Street by lending the money the govt. gave to the banks to save them, back to the government itself & charge them interest for the loan in the form of Treasury Bills! These T-Bills payout a 5% return to the holder so the banks were able to forego lending to the public which generates roughly 80% of their income by demanding the govt. bail the banks out so they could lend the money back to the govt. at interest. This magical little game of ‘3 card Monty’ works well for the banks, keeps the govt. trapped in the middle with no way out under threat of collapsing the nations wealth & a public who has been refused the ability to borrow money which would stabilize the economy if not turn it around all together. Once you understand this truth you truly make informed investment decisions regarding physical gold & silver bullion that will protect you moving forward in the greatest bank heist in human history.

Now we turn to the international perspective which highlights the impact of the tens of trillions of dollars upon foreign central banks & economies who depend wholly upon their export markets. These central banks are tasked with absorbing the influx of QE (quantitative easing) that has been dropped upon the global markets & with over 3/4 of global exports originating in Asia there are trillions of these dollars piling up in these countries reserves. If left on these exporters balance sheets they would continually devalue as the FED pumps the monthly installment of $85 BILLION which would render their cost of exporting the next month of goods abroad ever more expensive, thus eroding their profit margin. Enter the foreign central banks who are more than willing to destroy their currencies value in order to offset the devaluation of the USD. The outcome of this ‘tit for tat’ global currency war is that every citizen's purchasing power drops which in turn makes prices of consumer goods rise month after month with no end in sight. This trend also makes the people of the world poorer & poorer each month as they watch their net worths erode to simply acquire the items they need to survive. Every time this monetary tidal wave washes on the the shores of these countries investors rush to put these new dollars to work & history proves they always create investment bubble in stock & bond markets. This game continues until the people no longer trust the currency itself or the bubble they dumped them into pops. Then the panic dash towards hard money assets begins & it is usually fueled by the fear that they will be left holding a bunch of worthless paper money that they will be unable to exchange for anything in the very near future. This is when the ‘Gold Mania’ phase begins & there is no reversing it no matter what is said or done.

Looking at the chart above, we see the price of gold rising in EVERY CURRENCY at an alarming rate & this trend will not reverse. Instead it will simply continue to climb ever higher & accelerate until we reach that distrust of the currencies moment that always comes when central banks finally reach this desperation phase. Don’t get me wrong, there will be some more inflation of the stock market for a bit, but when you see Wall Street insiders dumping stock at an alarming rate of 50/1 as we are seeing now it foreshadows the fact that the insiders are fearful that this distrust moment is closer than anyone is aware. Establish your “Plan B" (B= BULLION) in physical precious metals such as gold & silver bullion before the inflation gains momentum when the stock market selloff begins & those dollars that have been strategically hidden for four years now find their way into the economy as investors dump stock & rush to buy real tangible items before the currency loses enough value that consumer prices skyrocket. This game is now at a very dangerous tipping point & what you do from this point forward needs to be well thought out. Eventually there will be a global currency crisis & it will start with the confidence in the dollar evaporating & this can happen overnight. Before the housing crash gold was around $750.00 p/oz & since the brilliant money printing scheme was hatched gold has leaped to over $1,900.00 p/oz at one point & is currently holding around $1,600.00 p/oz, proving that the global currency war has cut the dollars value by 50% in relation to gold! It will only get worse from here, time to decide.