Friday, January 20, 2012

John Williams Says Hyperinflation in 2014

John Williams of Shadow Stats ( says the economy is headed towards hyperinflation in 2014 or sooner on the Financial Sense news hour with Jim Puplava (

What does all this mean? Higher prices of all commodities, especially gold and silver. As we have said many times on this website, the rise in gold is not about the rise in gold, it's about the USD losing confidence as the world's reserve currency. Think about your cost of living and compare that to the performance of your investment portfolio. Are you any better off?  BK