Gold

The global financial system is about to collapse because the U.S. dollar is about to collapse. The U.S. dollar is about to collapse because of a simple economic fact that no one has the power to change or conceal.

On July 4 I woke up in Pennsylvania, in a mansion which had served as a station on the Underground Railroad, that network of people and places which helped slaves escape their bondage before and during the Civil War. And I thought that, with the replacement of yesterday's chattel slavery with today's universal bondage, it may be time for a new Underground Railroad.

Fed chairman Ben Bernanke testified before Congress a few days ago, and was schooled once again by Ron Paul. My favorite statement by Bernanke, which he often repeats when discussing monetary issues with Dr. Paul, is that he is charged with creating "stable prices" via the workings of the central bank. It honestly blows my mind that you can assume you are creating price stability by inflating the money supply. Look at this graph of the MZM money stock: