It's official. The Catholic Knight is retired.  I'm hanging up the helmet and passing the torch. There will be no more articles, no more commentaries, no more calls to action. THIS BLOG IS CLOSED. I've spent a very long time thinking about this, I believe the time has come, and is a bit overdue.  I want to thank my readers for everything, but most especially for your encouragement and your willingness to go out there and fight the good fight. So, that being the case, I've spend the last several weeks looking for bloggers who are fairly active, and best represent something akin to the way I think and what I believe.  I recommend the following blogs for my readers to bookmark and check on regularly. Pick one as your favourite, or pick them all. They are all great..... In His Majesty's Service, THE CATHOLIC KNIGHT

Sunday, June 28, 2009

ALERT: U.S. Dollar To Crash - Hyperinflation On The Way

THE CATHOLIC KNIGHT: Regular readers of this blog know 'The Catholic Knight' has been warning that the greatest economic catastrophe in American history is about to hit. Before the end of the year, the stock market will take a dive that will make the panic of 2008 look like a mere speed bump. Unemployment will reach at least 10% before Christmas 2009. By Christmas 2010, it will be closer to 20%. This by itself puts the USA into a "Great Depression" economic model. Yes, that's bad, but I'm afraid the worst is yet to come. Worse? How could it get any worse? I'm afraid it can, and it will.

The actions of both the Democrats and Republicans in Congress have set America up for the worst body blow she's ever had. By failing to let the market correct itself, and by trying to avoid recession by pumping massive stimulus packages into the economy, the Democrats and Republicans have set us up for impending hyperinflation. What does that mean? It means that whenever the economy starts to recover from this market correction we now find ourselves in, the average American will not benefit from it. Why? Because the value of the dollar will go down - way down - to the point where it costs hundreds and hundreds of dollars just to buy one bad of groceries.

There is no way to stop this from happening now. The legislation has already been passed, the billions of dollars in stimulus has been allocated, and the printing presses are rolling into overdrive churning out the cash. It's a done deal. The dollar is going to crash. Maybe not tomorrow, but within a year or two at the most. What's done is done.

There is a way to prepare for this. Buy gold or silver. Get it into your hand, so it can be sold at a later date. Invest in gold and silver mining, as well as agriculture. Watch these videos to learn more and understand. There is no need to fear. There is no need to panic. This is not the time for fear or panic. This is the time for getting prepared. Pass this message on to anyone who has ears to hear it....