next point of reference appearing - currency controls....= wage/gold price [View All]

[junker]

it is now starting to leak out of the fed and gov that 'currency controls' MIGHT be needed in the immediate future should the dollar slide continue (like what's to stop it?). These 'currency controls' are gov-deception-speak for wage/price controls with special focus on gold/pm's and other national currency 'prices' in dollar terms. This is one of the last/worst signs of immediate hyper-inflation. It does look then that the 'brains' at the Fed will inflate-to-hyperinflation and then die off. Just be advised. In spite of gold price manipulation on a day to day basis, the paper markets are crumbling and things are starting to fray very rapidly at the 'key' points. So within a month it will become apparent to the masses (via the media whores) that a 'dollar crisis' is upon us which may require Central Planning a'la communism to 'stabilize' the dollar.

Those on the outside (of the Fed) see a big drop as the last of the dollar bridges are breaking down. This big drop might be on the order of 50% in a week.

THE trigger for this will be the expanding problem with interest rate derivatives and the long term bond market.

Plus, Japan is about to give up dollar intervention and go 'float'. That will reduce the dollar 20 per cent in 24 hours.