The Roller Coaster is About Ready for a Free Fall
Unusually for an election year, or perhaps not if stats are politically motivated by the opposition, the various pundits and Wall Street gurus are predicting the imminent collapse of the economy not just here in the States but globally. Many reliable sources are forecasting the fall as early as mid-August… that’s ten days from now, folks.
Keep in mind that this is before the intense campaigning for the 2012 Presidential election starts in earnest. So if the current Administration can’t keep a lid on things now, how bad will it get after Election Day in November? It would seem that the pot is already at a rolling boil after November, 2012 it is likely that things will boil over. If you’ve been prudent enough to invest in precious metals and coins over the past several years, you investments will be worth your weight in gold, if you’ll pardon the pun. So hang on to those pre-1964 dimes and get set for a rough ride.
Here are two web citations to corroborate my thoughts:
Collapse Of Financial System Will Come In August, Maybe September: Market-Watchers
65 Signs That The Economic Collapse Is Already Happening
Keep up those Rosaries for the Consecration of Russia to the Immaculate Heart of Mary and also prepare by stocking-up, canning, freezing, drying, and whatever other way you can put up some staples for hard times.
Richard of Danbury, D.S.G.