PANIC IN THE WEST = $150 SILVER — Alasdair Macleod
from SGTReport Alasdair Macleod, Director of Research for Gold Money joins us to cover the sorry state of the US economy, which at this point is on death watch when measured with REAL accounting data like plummeting GDP and the downward revisions in the BLS reports. In fact, according to John Williams from shadowstats, as the ranks of the unemployed in the United States has reached 23%, the economy is now suffering the effects of inflation, and Williams says, we are on track to hit hyperinflation of the Dollar in 2016. The problems that led to the 2008 economic crisis have not been addressed or fixed and loose monetary policy continues unabated. With the average age of a minimum age worker in the United States 36 years old, and with 93 million Americans out of the workforce altogether, hyperinflation of the Dollar is the death knell for the Republic and for all we once held dear. Alasdair Macleod points out that once confidence in a currency is lost, that currency is doomed. At that point, panic ensues, and we are now headed in that direction. Alasdair says, “There will be people in the west panicking because they haven’t got any physical silver or gold.” And by the time the panic is palpable, it will be too late.