Below are reprinted a couple of email replies from recent correspondences with customers.
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QUESTION: If hyper-inflation does happen, what is the probability (in your opinion obviously) that the currency scenario that you told me about would take place?
REPLY: There is inflation and then hyper inflation. Hyper inflation is where the price of a load of bread doubles every hour. Google hyper-inflation and Germany or hyper-inflation and Argentina and read some of the stories.
The point of all of this is: No one knows what or when any of this will happen. We can however be certain that it will. When? I’d say between tomorrow and 10 years from now, max.
If I had a 401k and I knew it was happening tomorrow, I would tell them I had cancer and was gonna die and that my wife lost her job and my kid needs surgery, and I need my 401k money under the hardship provision. If that didn’t work, I’d quit my job to get it and put it all in gold.
QUESTION: I would love to get that money but I'm sure they would require documented proof of cancer, kids...etc. Do you really feel that strongly that I should quit my job because if things continue to get worse, I would think that I would be in about as good a place as I could be with a Fortune 300 company. I mean, I know no company is immune, but you know what I mean. You gotta admit, that is some pretty heavy duty advice. I'm not doubting you. I'm just saying....
REPLY: The caveat is this “If I had a 401k and IF I KNEW it was happening tomorrow,”
IF I knew it was happening tomorrow then I sure would quit if that is what it took to get my hands on the money, cause if you got 10, 20, 50k in gold, you wont need a job. But if you got no money and lose your job, you’re toast.
In hindsight, if the Enron employees had it to do over again, I am sure they would have chosen to do the same thing.
IF IF IF IF YOU KNEW. Trouble is, we don't know so I am not telling you to quit your job. I am giving you two extremes. You have to determine where you feel comfortable. I would absolutely NOT quit your job right now to get this money, but I sure would lie to the system to get MY money out if I felt it was all about to go belly up.
That is the point I am trying to make to everybody. You don’t know that IT IS going to happen tomorrow, but you don’t know IT WON'T. So wouldn’t it make sense to do that with at least a portion of that money just to be safe?
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QUESTION: Explain to me again why a person would be in the drivers seat if they had a substantial amount of gold if hyper-inflation, Amero, and all that takes place. If gold is $920(for ex), wouldn't they convert that from $ to Amero as well?
MY REPLY: Yes, they would. But at that time, what would gold be worth in terms of dollars? $10,000/ounce? What would be the conversion rate for the dollar? 2 to 1? 5 to 1? 10 to 1? 100 to 1?
So, by way of example, I have 100k in gold and you have 100k in the bank/stocks/bonds, whatever.
The crap hits the fan and the dollar tanks. Gold would almost certainly go up in a scenario like that. Let’s be REAL conservative. Gold goes to $2000. Because the dollar has collapsed, the govt decides that you will only get 1 Amero for 2 dollars.
You now have $50,000 in Ameros. I sell my gold for Ameros and I still have $100,000 in Ameros. I beat you 2 to 1.
Now, let me tell you what I think is MORE likely.
Gold goes to 10k and the Amero is a 5 to 1 conversion ratio. Your 100k buys you $20,000 in Ameros. My gold goes to $1 million and I sell it for $200,000 Ameros. I beat you 10 to 1.
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QUESTION: Where can I read up on you comment that the Federal Reserve is not a government organization?
ANSWER:
Good short video on the Fed
http://www.youtube.com/watch?v=ZWKlz2Z4Nlo
Who owns the Fed? About 1 minute
http://www.youtube.com/watch?v=bLCHWhmyn8w&feature=related
Edward Griffin’s Audio Presentation on the history of the Federal Reserve – lengthy but downloadable
http://www.manarin.com/wfdata/files/Creature.wma
Good video on the Fed
http://www.bigeye.com/griffin.htm
Excellent educational video on how money, banking and the Federal Reserve works ; 41 minutes
http://www.brasschecktv.com/page/585.html
Federal Reserve Educational Archive
http://www.bigeye.com/federalreserve.htm
JFK Speech on the government behind the government
http://www.youtube.com/watch?v=_WSGwnz7XpY&feature=related
1981 movie similar to what is going on today, right down to gold and the dollar collapse
http://www.youtube.com/watch?v=iQ-IPb8AOZE&feature=related