Loading ...If rate cuts don’t happen soon, is the economy going to tank? Williams says, “The economy is tanking, and I’ll contend it already has, although we have not seen it in the GDP reporting. . . . The ultimate thing here is you have a collapse in the dollar. I am talking about a hyperinflationary collapse. Your purchasing power becomes worthless. What you have in gold or canned goods or real estate, that will be your assets – hard assets.”
[COMMENT
I’ve been reading this sort of stuff and have been paralyzed by it for years. Meanwhile, my friends
who have not heeded my warnings have been prospering. Year after year I read such things as are
written in this article. Eventually, we all know you will be right. Still, thanks for all the losses in my IRA;]