You might be saying to yourself that you’ve heard this one before, and I understand that. Netanyahu has been threatening this for the last few years, and doing nothing. So, it’s natural for everyone to assume that this is posturing. But, Israelis know that this is not posturing, and Israelis also know that Iran really is planning to destroy Israel. Likewise, Israelis are determined to do something about Iran, if no one else will. But, that still doesn’t explain why the current bit of news is different.
The difference lies in the United States. Until now, America has been telling Israel that the US has plans to attack Iran and that ‘they are really going to do it’ – really-really with an exclamation point. However, it has now been demonstrated that this was nothing but a hollow fiction, that America never had any real plans to attack Iran. Furthermore, America has been easing sanctions on Iran and withdrawing from the Middle East. This means that Israel has finally come to the point where she needs to face this, and an attack like this had better be done sooner, rather than later. Now that we see this attack coming, the question is what does this mean for you?
Subscribe to The Shock Letter and receive my articles in your inbox:
Let us all pause for a moment as I pull out my crystal ball…
First of all, after being attacked, Iran WILL close the Persian Gulf. This is absolutely certain, which means that the price of oil will rise dramatically. That rise will cause the price of gasoline to skyrocket. Transportation costs will explode causing the price for everything to rise… and Rise… and RISE.
Just as in 2006-’08, the high cost of gasoline will force people to choose between paying their mortgage and filling their gas tank (and getting to work). This would normally collapse the housing market, as it did in 2008. However, the Federal Reserve (the Fed) will pump more money into the market to keep the housing bubble inflated. This will cause a massive increase in inflation, and a massive increase in government lying about inflation.
The result will be hyperinflation.
Normally, the Fed would raise interest rates to clamp down on inflation, but they can’t do that anymore. Raising interest rates would cause the US government to default on its debt, as well as collapse the financial system.
The financial system is going to collapse, anyway, but the Fed is dedicated to staving it off until the bitter end. When Iran closes the Straits of Hormuz after an Israeli attack, that ‘bitter end’ will come much faster than expected, and you need to be ready for that.
How do you get ready for hyperinflation and a collapse of the financial system?
Gold in your sweaty palms.
As this situation develops, the price of gold will explode, and your ability to buy physical gold will disappear. That means that you must act NOW. Once the markets start to move, it will be too late.
AND YOU MUST HAVE THE GOLD IN YOUR HANDS!
Gold accounts, Gold ETFs and other forms of ‘virtual gold’ will not help you. Those accounts will collapse when it becomes clear that there is no gold backing them.
But, there is an even more serious implication that you also must prepare for.
More on that tomorrow.
Are you ready for this?
If you find a flaw in my reasoning, or wish to add your own viewpoint, leave a comment. Your input is truly welcome.
Click the following link and SHOCK your inbox with The Shock Letter: