For decades now, the world has been partying wildly, while drinking from the proverbial punch bowl of good times. Ever since the gold window was closed by President Nixon in 1971 governments have increasingly relied upon deficit spending and avoided any real attempts to pay it back. As the saying goes "sooner or later you have to pay the piper". Sadly, the only form of payments that’s ever been paid towards all of these national debts has been with fiat currency. In essence, more borrowed money.

The politicians want your votes and they want to keep their cushy jobs full of perks for an eternity. The only way they can guarantee their own job security is to promise the populous everything and constantly go on a deficit spending spree to pay for it. If you’re happy, they remain in their cushy jobs and the cycle just keeps repeating each election year. The Fed is obligated to the politicians; they insure an unlimited supply of fiat currency is available for the politicians to fund all the government programs and handouts.

In recent years massive efforts to keep central bank printing presses running from the US, UK, EU, Japan, China and others goes on unchecked. Deficit spending from the governments of these countries has become an in-stoppable force now growing completely out of control. The current financial structure is designed for shear pandemonium and chaos. At some point during this decade there will be a massive transfer of wealth, from paper to real assets. To protect your current assets, invest now into tangible assets such as gold or silver. These are hard assets that are capable of surviving through any major economic crisis, insuring the great wealth transfer to you is complete.

When excess money is printed wealth transfers take place. This happens all the time, it is called inflation. Inflation is a central banker’s tool, used to evade the severity of austerity measures that would otherwise be implemented. You currently need only look at Greece to measure how the current austerity measures are being accepted by the Greek populace. Eventually the outcome here will either be all out hyperinflation, potentially on a scale multiple times greater than Weimar Germany in 1923, combined with a total collapse of the fiat currency system, or a massive corrective deflationary crash.

The reason being when high inflation hits this time around opposed to the inflation of the 70’s the extent of the fall-out will be significantly worse, as the entire world’s financial system is heavily interconnected with the dollar. Historically once people come the conclusion that their currency can no longer be relied upon, a loss of faith occurs within the country’s fiat currency. This is one example of how a fiat currency based monetary system dies. From here you have shear panic amongst the masses.

It is vital for everyone to move a major portion of their current assets into physical forms of gold and silver now. Stay away from paper gold and silver such as ETF’s. You must have something real that you can physically see and hold in your hands to insure your wealth is protected. Once the global financial system goes down if you’re not already prepared, sadly you’re going to go down with everyone else. Those fortunate enough to make the right decisions now will be richly rewarded once the greatest wealth transfer in history takes place. Be Prepared!

Tom Genot -