Pushing the big problems into the future appears to have been the working strategy for both the Fed and recent Administrations, yet the U.S. dollar and the budget deficit do matter, and the future is at hand. The day of ultimate financial reckoning has arrived, and it is playing out. Words: 1096

Here's the best reason to buy and hold gold and silver, at any price, and especially at these artificially suppressed prices.

In the following infographic we look at 5 occasions when currencies crashed in a big way.

From the beginning of 1990 hyperinflation has occurred in 28 countries around the world on a total of 35 different occasions of which 17 occurred during 1992 alone.

Since the beginning of 1990 hyperinflation has occurred in 28 countries around the world on a total of 35 different occasions with 17 of those countries experiencing hyperinflation during 1992. Currently, only Zimbabwe and Venezuela are plagued by hyperinflation.

Anyone who is not prepared to take a contrarian view today, risks to be a real victim in the next 5-7 years.

In the business of financial journalism, nothing sells better than fear - all-out financial, economic devastation and collapse, and the worst of all possible scenarios crouching on your doorstep ready to jump out and get you at any moment. Welcome to the doom-and-gloom “financial-tainment” industry. Get comfortable and start reading these highly addictive, sensationally-driven, doom-and-gloom financial commentaries and ask yourself if they are just fear mongering or could well be prophetic in their forecasts.

My sense is that most investors and traders today are grossly deceived about the nature of reality. REALITY will prevail eventually! Isn’t it time to get REAL? I am.

Given the negative real rates, a falling dollar, and heightened correlation between stock and bonds, gold should be an essential part of every investor’s portfolio today.

I wistfully remember the good old days of blissful naiveté about economics, which is before I found out about the Austrian school of economics, which led me to completely comprehend the unbelievable Keynesian econometric insanity of excessively expanding a fiat currency, especially over an extended time.