The article doesn't explain how the attack will take place especially why it would be quick. It might be better to treat the dollar to a slow lingering death rather than a quick death. Our enemies may not have much use for gold or silver either except as a proxy for the commodities that they can't obtain without the PMs.
Primarily they want to sideline America to ensure that they can occupy the rest of the world. It will take more than a quick crash of the dollar to do that. While they might charge more for strategic goods, they may for example sell us a nice supply of rope cheaply.
The reason that the US is vulnerable to a dollar bear raid is because the US government has adopted policies that make us vulnerable. You can’t blame China for our profligate spending, high taxes, and out of control regulation.
Ok
If this is true, where does one put their investments?
Currently long on Exxon, TIPS, various mutual funds
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Glad to see Freeman getting some attention on FR. I tried to spread the word about his first book ... Secret Weapon ... but there was little interest here.
Freeman’s done his homework ... he know what he’s talking about. I hope people read his books and take note of all that’s going on in the financial world.
bfl
It was a panic, not an attack. International investors are trying to continue artificially propping the dollar and to keep it as the reserve currency. There are balance of payments deficits because of the trade deficits. Without an enormous increase in our manufacturing base on U.S. soil very soon to provide real revenues (not U.S.-”based” manufacturing on foreign soil), bonds yields will rise rapidly, while prices plummet.
Interest rates will skyrocket, then radical market plunges, layoffs, etc. Bond prices will collapse, resulting in haircuts for bond investors and pensioners. Hasty, deep cuts in government spending too late, resulting in even fewer consumers spending. Vicious cycle. The dollar will drop like a rock. More self-sufficient countries and groups of countries will keep oil prices high.
Gosh, that looks like a pattern, doesn't it?
IIRC Ron Paul has spoken to this for quite a while now.
bkmk
I agree with what the article has stated..that this was planned. I paid very careful attention as this went down....it was not hard seeing ‘something else’ was behind this event then what was being reported. Some, back then mentioned the huge withdrawals happpening on purpose..... There was way too many indications and evidence we were being played in a larger scheme. I believed it then and have no difficulty seeing it now.
Thank you for posting this..