SGM Metals

The normalcy bias is quickly fading as the currency war QE3 retaliations by central banks around the world are debasing all currencies at lighting speed. This will cause a stampede into precious metals as they will be impervious to fiat devaluation.

Those who deny the dire nature of the recession will react in shock when the Great Currency War of 2012 catches them in the crossfire. History proves that currency wars lead to real wars when nations cant function any longer from the inflation of war

The 'Great Currency War of 2012' has officially morphed into its endgame w/ QE3 & central banks are launching their counterattacks to protect their currencies & exports. This will destroy the middle classes around the world & usher in a new reality.

As the western central banks all launch massively inflationary bailout hail marys common sense is finally surfacing as gold & silver are regaining their rightful roles as reserve currencies. Wealth preservation will soon be the only strategy pursued.

As the world rebalances in the vacuum left by the contracting US economy, China is targeting the global oil markets in an alliance with Russia. Tens of trillions in USD will no longer be needed for global energy consumption so they will be sent home.

In a move that would be considered by some to be an act of war, the dollars hegemony is being shattered as Russia & China offer unlimited oil but refuse payment in USD! As the Chinese currency replaces the petro dollar consequences will come swiftly!

The debt ceiling crisis has been pushed to the back burner but it is coming again & bigger than ever. This time around the threat of credit downgrades for lack of action carry very real consequences for servicing our debt & will cause real problems.

As investors are constantly told gold is a stupid investment central banks, wealthy investors, hedge funds & nations are gobbling up metric tons of the sound money? When investors finally realize they too need gold prices will spike on limited supply

The world is evolving beyond the fiat USD system that has been abused for decades & into a new system that offers more balanced trade. China is leading the charge away from the USD & offering regional trade agreements w/ local currencies to partners.

The FED has created a tidal wave of money that dwarfs anything in history. This brings a foreboding inflation threat but may be the final straw for nations who have been abused by the FEDs policies to move away from the USD as the reserve currency.