John Williams lives and breathes government statistics. He is an expert in the macroeconomic arena and is independent of government influence. His latest warning is ominous to say the least. His latest headlines read:
> – Extremely Difficult Circumstances in the Year Ahead: Confluence of Economic and Systemic Crises Should Intensify
> – With Global Confidence in Dollar Rattled by Uncontrollable Fiscal and Monetary Excesses, U.S. Government and the Federal Reserve Have Limited Options to Address Panics
> – Heavy Selling of U.S. Dollar Remains Likely Proximal Trigger for Inflation Pick-Up
> – Developing Hyperinflation Would Push Ongoing Recession into Deep Depression
> – Physical Gold Remains Primary Hedge for Preserving Wealth and Asset
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These are his opinions based on the raw statistics the government provides. Government agencies massage the raw statistics to fit a political agenda whereas John calculates “apples to applies” with historic formulas once used by the government. He believe those historic formulas provide an honest representation of the economic conditions. I agree.
Stay nimble. Get your Spiritual house in order.