Agnico Eagle Mines Ltd (AEM)

[tootalljones]

4 minutes to save your life? Can U spare that?

John Williams of Shadowstats.com has just said that based on how inflation statistics were maintained by the BLS (bureau of labor statistics in dc) during the Reagan Administration, when the books were clean, and these books he still maintains himself, inflation is now raging at 15%. He has forgotten more about inflation statistics than everybody on IHBU message boards will ever learn. Combined.

What is worse, this is the way it has to be. It is not an accident. The FED wants "healthy inflation they will report at 6% (today they are reporting 7%), but which is really 12%. Without this inflation, their stock market collapses and their own stock accounts which they covet like greedy teenagers, also collapse and with that goes their power, and the entire system gets really scary really soon. The finances now are so dire, that without healthy galloping inflation, it all tumbles down for them. You will hear them start to normalize that very phrase, healthy inflation. ........i.e. theft.....think of how much 12% for 5 years amounts to compounded? They gonna raise soc security benefits by 55%? Even if they wanted to, the system would quickly collapse so now the idea is to silently beat the middle class of all its wealth, or else...

Their immediate major challenge is to try to keep the corrupted and riddle stock market, up.

What this means for the middle class, is they get flattened, homogenized, turned into simple labor units, and that most lose it all. This will affect different areas of the county somewhat differently, with blue states being quickly vaporized and the people in them, but the contagion must and will spread all over. We are, after all, one economy. Right now the middle class love that their houses are going up 5% in blue states and 10% in red states, but only those living in a million dollar home at this very moment, are playing a game where they can even remotely keep pace over the next couple years, but this too will fail badly.....the rest, and especially the wage earners, will be crushed no matter what home they live in, or where. Blue state people will simply be crushed more quickly, and far worse. It has to be this way, or the system collapses. The currency over time will take a severe haircut. It must, or the debts will destroy everything. The rulers are very much aware of the Weimar example.

The nightmare scenario is unfolding for the middle class over the next 5 years, as they become flattening like pancakes. They just cannot see it, grown complacent and uneducated and living in the past. As St. Augustine has said, and as Jesse Livermore also repeated, life is change. Even the educated middle class is clueless and at the very best, fighting the last war. Which means they're gonna get wiped out.

Even 3 minutes of this video to save your life?