• Hyperinflation  – Hyperinflation, something the mainstream media largely chooses to ignore, is the condition where inflation is “out of control” due to the fact that a currency loses its value. In most such instances, a currency loses its value due to the fact that money (and debt) is created through the almost unlimited printing of worthless non-redeemable paper notes or fiat currencies (of which the value is not backed by physical commodities such as gold or silver). 

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Globally, investors are becoming increasingly jittery about the prospect of financial collapse, since most monetary systems in the world today are backed by fiat currencies. We South Africans won’t be spared the pain since the rand (ZAR) is also a fiat currency that’s backed by little if any gold  . This is one of the reasons why we believe any softness or weakness in the gold price will be short lived, since in our opinion, the only way to protect the purchase value of money when hyperinflation hits, is to have a substantial portion of one’s money in commodities such as gold, silver and platinum.

The National Inflation Association, which is based in the United States, is expecting to see empty store shelves in America by 2015 as a result of hyperinflation. If one considers that the USA has total debt obligations of well over $79.1 trillion or 5.5 times their GDP, then the relevant expectation is not unrealistic. It’s also no secret that the Federal Reserve in America has not admitted its role in the creation of the credit bubble over the last decade. In addition, the Obama administration has so far done nothing or very little to prevent hyperinflation. In fact, they have chosen to create more money (and more debt) through the printing of more  worthless non-redeemable paper notes! This is a perfect example of the fact that most modern day politicians have no back bone or integrity. They will not blink an eye the day your life savings go down the drain and your family suffers as a result of their policies. Most of them only want to enrich themselves at your expense.

In addition to the above, one should also not forget that most countries, including South Africa, are today nothing but Communist welfare states that will fail if the status quo is allowed to continue. To take money from hard working people and give it to those who are for one not used to work for a living is a recipe for disaster.

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