The 5 Stages of Collapse. We are in Stage…
from Grams Gold “For the most part, Americans are completely oblivious of just how close the country is to a total disintegration of its fiat monetary system…the United States financial system died in 2008. It has been kept alive by policy deregulation, monetary printing, and market manipulation (including derivative manufacturing such as interest rate swaps). These collaborative short term machinations have a lifespan that is diminishing every passing day, while investors who have made the wise decision to exchange fiat money for gold and silver keep wondering how long this manipulation can continue. I remember watching Peter Schiff on CNBC and Fox Business between the years of 2005-2007 debating about the upcoming collapse of the mortgage and housing markets. On several occasions, Schiff was the laughing stock on the set as anchors and other guests thought he was simply crazy in his forecasts. By 2008, the laughs had stopped while the country watched as the U.S. housing values began their rapid decline that would eventually surpass the disastrous records set during the 1930’s Great Depression,” explains Turd Ferguson of TF Metals.
The United States financial system died in 2008. It has been kept alive by policy deregulation, monetary printing, and market manipulation. The constant negative rhetoric of gold in the main stream media keeps the mass psychology of the public away from investing in the precious metals and into increasing worthless paper retirement assets.
The paradigm shift in gold and silver will occur when the United States enters into Stage 2, the commercial collapse.
In the book, The Five Stages of Collapse: Survivors’ Toolkit, by Orlov:
Five Stages of Collapse
Stage 1: Financial Collapse Stage 2: Commercial Collapse Stage 3: Political Collapse Stage 4: Social Collapse Stage 5: Cultural Collapse STAGE 1: Financial collapse. Faith in “business as usual” is lost. The future is no longer assumed resemble the past in any way that allows risk to be assessed and financial assets to be guaranteed. Financial institutions become insolvent; savings are wiped out, and access to capital is lost. Here we can see that the majority of these conditions in the Financial Collapse have already taken place. The only reason why the U.S. banking system is still functioning today is due to the ability of banks to mark to model their assets giving the impression that they are still solvent. Continue Reading>>>