Preparing for Hyper-YEN-flation

GoldSilver.com
MAY 23, 2013

Could a currency crisis be the true objective of the Japanese government?

What do you call a government policy aimed at aggressively devaluing its currency?

Do the Japanese know that every additional round of stimulus moves their debt (much of which is owed to them) to yet further un-payable levels?

Many are quick to point out that Japan owes most of its debt to "itself" or its large, aging population of domestic savers.  This elderly glut of Japanese savers will also soon be cashing in on their savings for retirement.

 

But just for that reason, the clear decision to "kill" the yen, which is at multi-year lows against the U.S. dollar, has dyes that go far beyond economic immorality.

What is and will continue to occur: a scam for yen ( fiat currency ) savers.  

The result of Japan's current monetary kamikaze will be a more pronounced depression leading to more lost decades and the impoverishment of its citizens.

And so we march forth in a global "currency war" through which countries such as Japan and the U.S. are continuously devising faster ways to devalue their currencies in a Race to Debase.  
 

The world is undergoing an incredible amount of systemic risk that threatens the existence of millions. The mountains of debt that have accumulated seem endless, threatening to fall under its own weight.

Acquiring and possessing precious metals ( gold and silver bullion) today makes more sense than at any other point in history. The alternative is to fall victim to monetary train wrecks ahead.

Get Weekly Expert Analysis

and the special report:

6 Gold & Silver Scams to Avoid

Sign Up Now


Original source