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Дата 28.05.2004 18:40:55 Найти в дереве
Рубрики Прочее; Современность; Версия для печати

"Этого не может быть потому что не может быть никогда"

http://www.geocities.com/Heartland/1186/monybomb.html

извините за отсутствие перевода, про Техас - в конце(отрывки)

It Couldn't Happen Here

....

Still Americans smugly believe, "It couldn't happen here."They maintain that in the teeth of a stock market that has already given a Dow Theory signal of a primary trend change, and has dropped 18.2% in the not-quite two months since its July high.

Don't kid yourself:it is already happening here.

How do you think those Asian investors fared who bought gold? Sure, the price of gold has dropped this year, but nothing like the ringit or won or rupiah. In their own currencies gold has appreciated mightily. Take warning from their suffering; sell your stocks & real estate, & buy some gold. Not tomorrow, but right now - before it happens here.

In April, 1993 the Russian Rouble collapsed, losing 99.9% of its value in one week. Prices rose 1,250%. It couldn't happen here? Maybe not, but if it did, here's how it might unfold.

FRIDAY

Across America it seems like an ordinary Friday. The Dow trades nervously in a 200 point range, weaker at the day's end on reports the Japanese Finance Ministry is complaining about the high dollar & being forced to digest too many US government securities. Still, the Dow closes up 8.90 points at 6,825.35. Gold jumps strongly to finish the day in New York at $380, silver at $5.25. Experts on Wall Street Week that evening are reassuring, certain that the Japanese complaints are only one more in a series of inconsequential negotiations in US-Japanese financial relations. On the way home, millions of Americans stop by the gas station & tank up at $1.38 a gallon. At the grocery store, they buy bread for $1.25, & pick up a pound of hamburger for $1.99.

THE WEEKEND

The nation's weekend is disturbed by news that Treasury Secretary Robert Rubin & Federal Reserve Chairman Alan Greenspan flew to Tokyo late Friday to confer with their Japanese counterparts about their threatened sales of US government bonds. The Japanese stonewall, insisting that the high dollar will ruin the already suffering Japanese economy, & that they can no longer afford to absorb US government debt. Sunday's reports brings them no closer to an agreement. Finance ministers from the Asian Tigers fly to Tokyo to join the negotiations. Sunday night finds them still at an impasse.

MONDAY

By the time the markets open on Wall Street, a tidal wave of foreign orders to sell US government securities washes over the market. Panic in the bond market spreads quickly to stocks as the Dow plunges to 3,850. The dollar falls 67%, from 115 to 38-1/3 yen as gold soars to $1,140 an ounce. Silver briefly hits $18.00, but settles at $15.75. Late in the day frantic grocery store clerks, operating under orders from corporate headquarters, begin to change prices, raising bread to $3.75 a loaf & hamburger to $6.00 a pound. By 5:00 p.m. Pacific time, a gallon of gas costs $4.14.

TUESDAY
.....

.....

FRIDAY

An entire nation is in shock as the remaining millions try to escape urban areas. In Washington, police & Army units wage a pitched battle on Capitol Hill trying to defend congress against a well-armed mob. Order is restored after flame throwers are brought in, but in another part of town a mob ransacks the Federal Reserve building & leaves three hapless economists hanging on the porch. In the markets, chaos reigns. Gold reaches $2,067,180 an ounce while silver climbs through $125,000 an ounce to close at $129,129.00. The dollar is offered at $47.30 to the yen, but nobody is buying. It loses another 91.2% of its value on Thursday. Interest rates climb to 32,639% a day, but that doesn't stop the Dow, which settles at 595,805. At noon

At noon the President addresses the nation on radio & TV, calling for calm. He introduces Federal Reserve chairman Alan Greenspan, who announces that the Government is issuing a new dollar backed by the 261 million ounces of gold in Fort Knox. Government printing presses in Washington & Fort Worth will work round the clock to overprint the old notes with new denominations. The exchange rate is fixed at one new dollar ("N$1.00") for 100,000 old dollars. On Crossfire, Bob Dole replaces liberal Newsweek editor Eleanor Cliff as a panelist. In Austin, the Texas legislature, acting on the Treaty of 1848, exercises its right to declare the independence of the Texas Republic.

[END]

Editor's Note: This story explains why you own gold: not so much to make money but to protect it. Maybe it wouldn't happen this bad in America. Maybe it would only be as bad as Israel in recent decades (divide by 1000 instead of 100,000) or Bolivia (multiply by 100,000 or so) or Argentina (divide by 1,000) or Russia or Germany or Hungary or China or Nicaragua or 2 dozen other countries where the currency has collapsed one or more times this century.. It can & will happen in your lifetime. Be prepared.

On orders from the SEC, stock, bond, & commodity markets open an hour late. The stock selling panic turns into a stock buying panic as the Dollar collapses another 75% to 9.58 Yen & investors rush to buy anything of value. Stocks close the day at 75,670 while the US treasury bond market collapses. Gold rockets to $4,560 & silver to $95. Housewives spend their day waiting in lines at gas stations to fill up at $16.50 a gallon -- for regular. Latecomers at grocery stores feel lucky to buy bread for $15 a loaf & hamburger for $24 a pound. Grocery store shelves are nearly empty. Banks nation-wide begin to call in loans. The five largest US insurance companies announce they will not honour requests to cash in policies "until further notice."

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