This is what is currently happening in terms of the bailout: The looting of America

What the government isnt telling you though, is that Lehman has triggered a cascading detonation of derivatives that is now falling like dominoes across the globe.

The current notional value of derivatives that could implode according to the Bank of International Settlements (BIS) is over one QUADRILLION. That is, one thousand trillions.

The Federal Reserve simply cannot print that much money, no matter how many $700 billion bailout packages our circus leaders pass.

The result will be:

1. Massive inflation, perhaps even hyperinflation. Rising costs of gas, food, and everything else.

2. The dollar will be crushed. Over time, it is likely the dollar will fall and perhaps lose its position as the World Reserve Currency.

3. Gold will revalue to match the amount of currency that has been added to the global currency supply.

Buy Gold and Silver Bullion

This entry was posted on Tuesday, September 23rd, 2008 at 7:03 am and is filed under Archived. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.