Monday, 30 March 2020 14:44

Coronavirus Shutdown Exposes US Dollar Decline

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Update 4/10/20

Trump vs. Gates, Fed Gone Wild, Barr Prosecutes Coup?

Update 4/1/20

March 2020 in Precious Metals, by Stephen Cochran

Update 3/31/20:

Will the Dollar Always Rule? Ask the Archduke

Human life must trump economics in a pandemic. THIS is why China is succeeding in war on Covid-19 and US is on path to disaster

Not many main-stream news outlets are discussing this, but the COVID-19 / Coronavirus lockdown in putting the US economy in an an unprecedented position: a simultaneous shutdown of both "wall street and main street" across the country. Since the "great recession" of 2009, I believe that the US economy has not properly recovered. Instead, concepts like Quantitative Easing and Zero Percent Interest Rates came into play. These policies sound great when first introduced, but they only debase the currency further and further, eroding people's hard-earned savings and purchasing power.

The history can be traced back to 1933 when they confiscated gold from private citizens. In 1932, Gold was equal to $20 US. In 1933, they changed it to be worth $32. In 1970, when Gold was worth $34 per ounce, President Nixon stopped allowing for gold to be exchanged for Dollars. In 2009 Gold was over $1000 and today is over $1500!

Here are some links, videos, and other resources, to help illustrate my point.

Hidden Secrets of Money:

Money creation (also known as credit creation) is the process by which the money supply of a country or a monetary region (such as the Eurozone) is increased. Typically, central banks create money by using notes and manufacturing coins.

Eric Holder Reveals Deep State Running Scared – Kevin Shipp

“Trump inherited a financial monster that was not his doing. When he was sworn into office, it already existed. It is very serious, and I think now or very soon the U.S. government will not be able to afford the interest on the national debt, much less paying off the debt itself.”

[Full Article]

Collapse of the Roman Empire (infographic)

More Articles:
I want to rewind a few months to show that the economy was in trouble even before the Coronavirus broke out: