As this is being written, the Federal Reserve has yet to decide if it will implement what is referred to as QE3, which is a euphemism for inflating the markets with another massive printing of money.

(Actually, no real printing is involved because everything is done with a push of a button these days.)

Hopefully, you understand the negative significance of what took place with QE1 and QE2, which were disguised as saving those mammoth banks that were too big to fail.

Yeah, right! The Fed wants you to believe they acted properly when, in fact, they simply put more nails in our coffin.

Chances are they will delay implementing QE3, since they have a little wiggle room with some leftover funds from QE2. This way, they can sit back and watch the stock markets fail and then jump back in with an attitude of: “see, we told you so… inflating the currency is the only way to save our economy”.

The US dollar is in deep trouble. It has been on a downward path since the Fed was first created in 1913.  You’ve probably seen charts showing how the value of the dollar has dramatically decreased.

Well, you can blame this on the private banks who control our federal officials.

Of course, blame must be shared with Franklin Roosevelt who essentially took us off the gold standard in 1933 and, then, Richard (I am not a crook) Nixon who gave the currency a slam dunk when he took us off the Bretton Woods agreement in 1971.

The only thing behind our currency is the full faith and credit of a bankrupt government. We are an accident waiting to happen.

By the way, there is nothing federal about the Federal Reserve Bank. It’s all a scheme to make you feel warm and fuzzy about our government’s fiscally inept policies.

Make no mistake. Before the end of this year you will see much more deterioration in our economy. Chances are the stock market will briefly rally together with the US dollar… only to be followed by hyperinflation and millions more defaults.

If you haven’t already, buy gold and/or silver bullion or coins. Make sure you take physical possession although there are some precious metal mining stocks that will do well in the coming months.

Don’t believe the phony numbers distributed by the mainstream press in support of government released data. If the figures come from the government, you can be sure the books have been cooked to keep you from the truth.

While the truth may set you free… it will also scare the hell out of you!