Rogue
economist,
John
Williams
of
Shadowstats.com
says
the
US
dollar
rally
is
a
fata
morgana,
a
rate
hike
bluff
by
Fed
policymakers.
The
2008
market
collapse
/
Great
Recession
never
ended;
the
Treasury
/
Fed
merely
sidestepped
financial
calamity
at
an
enormous
cost.
Ultimately,
the
FOMC
will
be
coerced
by
market
forces,
resulting
in
lower
rates
and
sizable
balance
sheets
via
toxic
debt
purchases.
Unbeknownst
to
most
citizens,
the
US
Fed's
is
a
private
protective
unit
for
the
banking
/
financial
elite.
Ever
since
1932,
whenever
the
growth
of
real
disposable
income
"takeoff
pay"
is
below
3
percent,
the
incumbent
Presidential
candidate
always
wins.
While
our
guest
has
high
hopes
for
the
new
Administration,
the
12
month
lead
time
between
stimulus
and
actual
results
could
disappoint
the
typical
American.
Our
guest
expects
the
Greenback
to
continue
decent
to
lower
lows,
resulting
in
hyperinflation.
Only
gold
/
silver
investments
will
thrive
under
the
end
game
he
outlines;
every
household
accumulate
several
months
of
canned
items
and
ample
cash
/
PMs.
Similar
to
the
New
Madrid
earthquake
stunned
the
Midwest
by
reversing
the
flow
of
the
Mississippi,
the
next
financial
crisis
will
offer
little
warning
time.
The
new
Administration
could
right
the
economic
titanic
in
part
by
reviving
the
40
page
Glass-Stegall
act
to
heal
the
financial
system.
Bix
Weir
makes
a
solid
case
for
a
1:1:1
gold
/
silver
/
Dow
ratio
due
to
unique
supply
/
demand
conditions.
Silver
deposits
pool
near
the
surface,
unlike
gold,
which
is
characterized
by
deep
mineral
veins
that
extend
miles
beneath
the
crust
of
the
earth.
Most
of
the
easy
to
find
silver
may
have
already
been
discovered.
Insatiable
industrial
demand
for
silver
as
illustrated
by
a
nearly
vertical,
inelastic
demand
curve.
Once
the
165
year
old
price
suppression
scheme
(Bix
Weir)
is
exposed,
little
if
any
silver
will
be
available
for
investment
/
currency
purposes.
Demand
is
also
heating
up
for
gold
as
a
currency
safe
haven;
the
price
spiked
to
$3,600
briefly
two
months
earlier
in
India.
Inevitably
a
PMs
backed
cryptocurrency,
similar
to
BitCoin
is
a
plausible
reserve
alternative.
With
the
impending
exit
of
Italy
from
the
EU,
Peter
Grandich
expects
the
EU
to
continue
to
unravel,
potentially
leading
to
the
dissolution
of
the
EU
experiment.
In
summary,
Peter
Grandich
finds
gold
/
silver
the
most
undervalued
investment
class,
worldwide.
Right
click
above
&
"Save
Target
As..."
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download.
To
learn
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above
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please
visit
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FAQ.
Guest
Biographies
Peter
Grandich
The
Grandich
Letter
About
Peter
Grandich
Managing
Member,
Grandich
Publications,
LLC.
With
no
formal
education
or
training,
Peter
Grandich
entered
Wall
Street
and
within
three
years
was
appointed
Vice
President
of
Investment
Strategy
for
a
leading
New
York
Stock
Exchange
member
firm.
He
was
the
editor
and
publisher
of
four
investment
newsletters,
and
appeared
on
national
TV
and
radio
over
400
times.
Labeled
the
Wall
Street
Whiz
Kid,
Grandich
gained
national
notoriety
by
being
among
the
very
few
who
not
only
forecasted
the
1987
stock
market
crash
just
weeks
before
it
happened,
but
on
the
very
next
day
he
predicted
that
within
a
year
the
market
would
reach
a
new
all-time
high
which
it
did.
Proving
his
1987
forecast
was
no
fluke,
Mr.
Grandich
said
in
January
2000
that
the
year
2000
will
go
down
as
the
year
the
great
mega
bull
market
of
the
80s
and
90s
came
to
an
end.
He
speaks
at
numerous
major
investment
conferences
worldwide
and
was
awarded
Best
Speaker
Award
eight
times
by
the
International
Investors
Conferences.
Grandich
is
the
founder
and
managing
member
of
Grandich
Publications,
LLC.
Grandich
Publications
publishes
The
Grandich
Letter.
First
published
in
1984,
it
provides
commentary
on
the
mining
and
metals
markets.
In
addition,
the
company
also
provides
a
variety
of
services
to
publicly-held
corporations
on
a
compensation
basis.
In
addition,
Grandich
is
a
member
of
the
National
Association
of
Christian
Financial
Consultants,
and
a
long-standing
member
of
The
New
York
Society
of
Security
Analysts
and
The
Society
of
Quantitative
Analysts.
John
Williams
aka
Walter
J.
"John"
Williams
was
born
in
1949.
He
received
an
A.B.
in
Economics,
cum
laude,
from
Dartmouth
College
in
1971,
and
was
awarded
a
M.B.A.
from
Dartmouth's
Amos
Tuck
School
of
Business
Administration
in
1972,
where
he
was
named
an
Edward
Tuck
Scholar.
During
his
career
as
a
consulting
economist,
John
has
worked
with
individuals
as
well
as
Fortune
500
companies.
John
Williams'
Shadow
Government
Statistics
is
a
monthly
electronic
newsletter
that
exposes
and
analyzes
the
flaws
in
current
U.S.
government
data
and
reporting,
as
well
as
in
certain
private-sector
numbers.
It
also
looks
at
the
financial
markets
free
of
the
hype
so
often
put
forth
in
the
popular
financial
media.
Generally
published
on
the
second
Wednesday
of
the
month,
the
newsletter
is
supplemented
by
Flash
Updates
and
occasional
Alerts
that
highlight
unusual
developments.
