The most important thing in the world for you to understand right now is that prices are NOT going up, it is the value of your money going down. The more debt/money created out of thin air by the privately owned Federal Reserve and the more money/debt spent by the Federal Government, the less value your dollars have. As a direct result of money/debt creation you need more dollars to buy the same amount of goods. When you understand that concept, it does not take too long to figure out that you are being stolen from by a bunch of criminals, every single day.
The best way to protect yourself from this thievery is to sell all of your paper assets and buy physical tangible assets that have no counter party risks. When you own tangible assets, the more “they” print, the higher your assets go. This should at the very least, protect your purchasing power and at the most, create a tremendous amount of wealth. To give you an example of how this works and why I think we could see $7.78 a gallon gas soon, let’s go back before the 70?s.
Before Nixon shut the gold window in 1971 and before 1964 when the government took the silver out of our coins, a gallon of gasoline sold for about 50 years for around 25¢ a gallon. This was because you were selling one tangible asset, your silver quarter, for another tangible asset, a gallon of gas. Without having a paper/debt based currency, the measuring stick of the dollar was never stretched for 50 years. As soon as we got off of the silver and gold standard this freed the banksters to create more and more debt/money that has destroyed the purchasing power of the dollar.
I believe that we will see $7.78 gasoline not because of peak oil or some revolution in the middle east, I believe it will happen because the money supply is exploding and that it will destroy the purchasing power of the dollar. From 1920 to 1964 a gallon of gas could be bought for a single 90% silver quarter. In 2010, when gas was $3 a gallon, guess how much the same 90% silver quarter was worth? You guessed it, about $3. The reality is that the price of gas is NOT going up in terms of real money like silver.
Do you want to know what that 90% silver quarter is worth today? You guessed it, $7.78. Click here for Coinflation.com.