End of the Road Documentary

2008 CRASH - THE FIRST DEATH THROES OF THE GLOBAL PONZI SCHEME

Governments around the world not willing to sit back and let it fail, delayed the inevitable collapse by bailing out struggling financial institutions, buying up toxic mortgages of overvalued assets on behalf of their citizens. So the problem was papered over, because governments can always dictate short-term results -- but not the long term consequences, which are completely out of all government control. So this delay of the inevitable was at the expense of the increased magnitude of the problem, along with an increase in the rate at which the limits of the exponentially expanding system is reached.

PREDICTION

The word hyperinflation is not used. Instead, it is predicted that we will eventually see a rapid decline in the value of the dollar - in only a matter of days; 20%, 30%, 40%...

The dollar is now benefiting from "fear trading", based on its strength against currencies that are free-falling (which looks like "floating") as they are debased and plummeting faster than the dollar just to maintain export advantages. But everyone is doing it. Once people (countries) who are buying the dollar as a safe haven eventually realize - and far too late - that they needed a haven FROM the dollar, that's when dollars are also fear traded, en masse. And it's when those dollars come home to roost, the reality of the continuous exponential devaluation of the dollar increases by orders of magnitude, and is felt hardest by all who deal only in the dollar and have no haven - which is to say, all Americans.

The triggering event(s) for a global loss of confidence in the dollar could be anything at all. A natural disaster, a Treasury auction that goes bad, causing interest rates to rise, as hedge funds react and respond by dumping dollars. Then a few foreign banks respond by dumping some (not even all), and the entire system goes into rapid, irreversible and catastrophic collapse.

The Fed can step in at any time, but "...once the Fed becomes the only buyer, that's the end game."

Personal note: That sent a chill down my spine, as that reminds me of how a supernova occurs. Once a large sun has exhausted its supply of other elements and starts making iron, it has signed its own death warrant and has literally only seconds to live.

Funny, the above was just 4 minutes of the film. I'm now at the halfway point.
 
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HYPERINFLATION (the actual word is finally used)

Hyperinflation explained, references to the Weimar Republic - a currency so debased that it is used to paper walls, or as fuel for fires.

The Big [unanswered] Question -- At what point does the rate of inflation get to before people begin to panic to the point of flight from the currency? In other words, the point at which everyone begins to panic together?

When panic sets in it gets to the point where you have, simultaneously, a rapid right now demand for goods (people buying as quickly as they can before goods increase in price) along with, paradoxically, an ever-increasing rate of demand for more of the increasingly inflated currency.

This result, with massive shortages occurring as all goods are exhausted or else pulled from supply based on the fact that they will command far more of that ever-devalued currency tomorrow. The currency eventually begins to lose value at such a rate that it is devalued even in advance of its issuance -- until finally no price of the inflated currency is enough to buy anything at all, unless its on par with the paper value of the currency (i.e., you won't take it as money, but you might barter it for fuel).

RETIREMENT CONCEPT DESTROYED

The reality of "retirement age" for most people goes out the window, as more people are forced out of retirement and back into the workforce. Property will decay as money is spent on necessities only.

The initial and unavoidable reaction by the Fed in the absence of foreign confidence, will be to stimulate through more inflation (Bernanke really does fire up his helicopter).

ALL COUNTRIES AFFECTED

There has never been a "fiat reserve currency" for the world prior to 1971, so nobody has ever witnessed a global hyperinflation of such a currency, and there is no human comprehension of how such an unprecedented event would even play out.

There is no escaping the fact that all other currencies are basically dollars, because that is what they are all reckoned against.

"The US government has a technology, called a printing press (or today, its electronic equivalent) that allows it to produce as many U.S. dollars as it wishes at no cost." - Ben Bernanke, Nov. 21, 2002

The US government has this power, but it is at the cost of promises to everyone that there will always be an ultimate cost, in the case of bonds. However, it is not only the US government that has this power to produce as many of these dollars as it wishes. The Fed has been given the power - by that same government - to do this independently, on its own. It is the ONLY entity on Earth that truly has the ability to create as many dollars as IT wishes at no cost (to itself).

HYPERINFLATION ONLY ONE PATHWAY TO AND END DISASTER THAT IS ALWAYS THE SAME

Regardless of whether an fiat currency regime experiences a phase of deflationary depression or goes straight into hyperinflation, all fiat currencies that have failed (with a proven 100% failure rate) have ended in disaster.

Our "Grand Experiment" with the dollar as a world reserve fiat currency - something never, ever attempted before on this scale or magnitude, is only 40 years old.

Again, just my personal note: The eventual death of our own sun (a yellow dwarf) billions of years from now will be very different from the death of a star like Betelgeuse, a Supergiant with twenty times our own sun's mass. Our sun is like a Zimbabwe - a red giant that simply feeds on itself until its energy is exhausted and it expands outwardly into a red giant before finally shedding its depleted outer layers, and leaving behind a white dwarf which generates nothing and eventually cools and dies. Our global economy is more like a Main Sequence Supergiant, due to its greater mass.

The difference at this point between a supergiant and a main sequence star is that a supergiant has the pressures needed to fuse carbon into iron. However, this fusion process takes energy, rather than gives it. So, as energy is lost, the star no longer possesses the balance between outward pressure and gravity pushing in. As a result, gravity wins out, and the core collapses in a violent explosion called a supernova.

CONFIDENCE LOST - AND MUST BE REGAINED - AGAIN

History only repeats itself, as confidence lost in one currency must be replaced by confidence in a new currency. It doesn't have to be gold or silver, but historically that's what it has always been.

WHY GOLD AND SILVER BACKING NOT EVEN DISCUSSED

Those who have benefited most from the Ponzi scheme don't want the ride to end. Prices artificially suppressed to make PM's appear less desirable. Groups like GATA (Gold Anti-Trust Action Committee) have been tracking what they claim is the deliberate suppression of gold and silver prices. Numerous lines of evidence, some easier or harder to prove than others, but reported sales by government central banks cited as prima facie evidence of price suppression.

Greenspan admitted in 1998 that central banks were both willing and able to suppress the price of gold when he said, "Central banks stand ready to lease gold in increasing quantities should the price rise." - Alan Greenspan, July 1998

...meaning, since the target already existed as an objective, and central banks had already done it, that they were already doing it.

Other means of suppression investigated - like western country CB's loaning gold to bullion banks, which sells gold with the intention of buying it back in the future at a cheaper price. These banks are known to buy government bonds with the proceeds of this sale. In other words, shorting gold using US government promises to pay. The central banks report the gold they have, along with the gold they've loaned out, as one item. The gold they claim they have on reserve may have been sold by a bullion bank in exchange for government bonds. Thus, based on a change in reporting practices just a few years ago, the central banks are counting what they physically have and what people owe them for what they have loaned out and no longer have -- as if they were the same thing. Basically, fraudulent accounting.

WHY SUPPRESS THE PRICE OF PM'S?

They're the only real competition to fiat currencies, and government power over them, regardless whether they are recognized as money, and regardless of whether they circulate as such. The power to create fiat currency is very different from the power to create hard specie, because if the currency is hard specie, the ability to tax and spend is limited to what can be taxed directly - which has definite limits. With a fiat currency governments are only limited to how much they can dip into the future - which appears limitless.

2/3 finished, 20 minutes to go...
 
CENTRAL BANK GOLD SELLING BACKFIRES

A short term solution to price suppression is not ignored by other countries, like China, Russia, India, Saudi Arabia, Mexico, Thailand, Venezuela, South Korea and Bolivia who are all now keen buyers of gold in the hundreds of tonnes.

Since the gold that western country's central banks are selling rarely leaves their vaults (most at the Fed and CB of England), nobody can be certain whether they are selling gold that actually exists. If in fact they are selling more gold than exists in their vaults, then it is the biggest scam - the biggest fraud in history, perpetrated by governments.

Hence, like FRB, with more claims on a base unit than base units in existence, if all countries that bought gold demanded delivery, would it be physically possible for them to take delivery?

As the demand for physical delivery of gold rises, the chances are increased for western central banks, if they oversold their gold, being caught in a major international scandal - like the Murdoch and Madoff scandals, and even similar to MF Global - only this time with massive hedge funds and entire countries being ripped off from a complex web of difficult to trace and impossible to reconcile counter-party claims...overnight.

8 minutes to go...
 
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If you buy the stream, how does it work if you want to stop watching it and pick it up later?
 
If you buy the stream, how does it work if you want to stop watching it and pick it up later?

From their site:

Yes, if you get interrupted and want to resume later, you can pause and resume the film up to 4 times after you start watching, as long as you finish within 30 days. When you pay you will be sent a password to log in and resume viewing later. Each time you start watching the film you have 3 hours, so if you pause and leave the browser open, after 3 hours the player will automatically reload so you can access the film again.
 
GOVERNMENTS - ONE TRICK PONIES

Inflation and debasement of the currency is the only trick governments know, or are willing to consider. The alternative of allowing for natural inflation and deflation that is self-correcting and reaches equilibrium in an economy that no longer needs to grow (for any other reason than banks and governments need to) is unthinkable - and not even considered.

So it doesn't matter whether the solution comes from the right or the left - it's always a step in the same inflationary, currency-debasing direction, with so-called solutions that only increase the magnitude of the problem, while accelerating the speed at which it the end of the road is met as an inevitable end game.

YOU CAN'T SAVE THE WORLD - BUT YOU CAN PROTECT YOURSELF

1) Do everything in your power to quit dependence on the same people with same mentality under the schemes that you know in advance will ultimately fail. They are not where your answers lie.

2) Go back onto/prepare for a gold (or silver) standard on your own. Embrace the tangible means of survival, and insurance against the intangible when it collapses. Even if seems to costs more now, it won't be as costly as the collapse of everything we are now forced to place our faith in, as untold claims on tangible wealth finally results in a confiscation or denial of that same untold wealth to so many.

3) Realize that where there is chaos, there is opportunity. Where old opportunities and systems die, the door is opened to new opportunities for prosperity.

4) For many countries this will mean the beginning of an economic boom, as a great weight is lifted, wherein they no are longer forced to feel that their own prosperity is conditioned upon sacrificing real value that is loaned in vain to countries that consume far more than they produce - just to sustain an illusion.

5) The end will be terrible, but it's not the end of everything - only the end of an age. The world itself will benefit as it emerges from this end. The greatest transfer of real wealth in the history of the human race will happen - almost all at once. This also means the greatest opportunities.

EPILOGUE

In a tomorrow of the not-too-distant future, the sun will rise as it always has, but on a world as we know it that is irrevocably altered.

The crash of 2008 was the largest in human history, and a wakeup call. The solutions offered were not solutions, as they only bought a little time - time for those in power to posture, position, and wring the last value out of a dying currency. But it was also a wakeup call for individuals - those who are able to see the approaching cliff that it's an opportunity - time bought for them as well - to prepare for the inevitable. In the end, that time may prove to be the most valuable commodity of all.

There are very brief periods of time over the last 5,000 years wherein a single asset class -- money itself -- is the single best investment of all, poised for the single greatest boost in purchasing power in the shortest period of time imaginable. We are in that time now. Wherever possible, get out of currency, and use it to buy actual money.

Most importantly, don't let the governments, banks, brokerage houses and others who benefit from the global Ponzi scheme educate you or guide your thinking. Learn for yourself, educate yourself about what money really is and always has been, even in the presence of the fiat currency that tries in vain to imitate and harness its power.



Great film, well worth the purchase, IMO. Watch it yourself, and you'll be able to cut through all my embellishments and paraphrasing.
 
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Cool, ty man, I'll definitely buy it if I can get that distribution platform to accept bitcoins :D
 
Interesting:

Hey hazek,

Thanks for your email. I appreciate you blogging the film on Daily Paul. Hopefully that will give us a boost.

I hadn't considered Bitcoins as payment, but we'll certainly consider that. Distrify also offer an affiliate program, where you can sign up with them and share the film on your website or Facebook page, thereby received a commission off all sales derived through that. Just a thought anyway.

Will definitely look into the Bitcoin opportunity.

Regards,
Ed.
 
Thanks for the review Steven. Sounds like a good watch. I'll probably buy it tonight.
 
I have to say I was disappointed with this film. The first 30 minutes were an AMAZING primer for those unfamiliar with how our money works. However, 15 minutes of a 'Buy Gold' commercial somehow snuck its way into the second half and pretty much ruined it for me. Instead of feeling like I was being informed and helped to understand the coming financial crises, I was left feeling like I just paid $5 to watch a commercial for a precious metal seller. I'm happy to support a Ron Paul supporter, but this film rubbed me and my wife the completely wrong way.
 
RabbitMan,

I'm in the minority here but I don't see the logic of owning gold. Everyone claims its the way out because its always been, but everyone admits we're in uncharted waters here. I'm of the opinion it doesn't matter what asset you hold, they'll all be worthless. The only asset you can have to protect yourself is you and your skill set. I also don't think we'll go into a death spiral (of a red giant star) becasue the powers that be will end up buying out the world. They'll create centerlized bank and monitize the entire system before they'll give up thier power.

Now that has a TON of negative things that come with it, but it will be laid out as the only option we have of continuing life as we know it instead of spiraling out of control. Anyway thats how I think it will play out.

I hate to hear it just another gold buying commerical. One can ussually find the motive behind something if they "follow the money". Do they advertise for anywhere to buy it at?
 
Jbauer and Rabbitman.

Gold/silver will keep your monetary savings safe (for the long haul). NOTHING will replace tangible skills sets. NOTHING.

There are emotionally driven goldbugs who will buy gold no matter what, there are rational thinkers who understand the monetary system and where it's at and there are hybrids of both.

I fall mostly on the side of purchasing gold/silver as units of account that cannot be inflated by TPTB - but it also feels nice to explicitly withdraw my consent from a system that presupposes fraud and leverages itself against tiny morsels of OTHER PEOPLE'S capital.

The biggest reason why I buy silver, is because for every ounce of silver, I am removing about ONE HUNDRED times the leverage from the global banking system that I would otherwise feed it.

Saving in gold/silver is a now a revolutionary act of defiance (some could argue that it always has been).

The simple act of removing fiat from the leveraged banking system and holding your own capital is one of the most powerful tools/weapons that "the people" have. This CANNOT be understated.

I am a peaceful man, but when war is brought to my front steps - peace is no longer an option. This is, for all intents and purposes, financial war.

You skills are more important than gold. Your love is more important than your skills. But gold/silver will always financially strap the demons to the ground and keep them were they belong; BELOW YOU.
 
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See, I would have liked to have heard more from other perspectives. If it is going to get chaotic, why buy gold instead of property in the country and 'bug-out' supplies to weather the storm? Half of the guys interviewed in the film were employees or CEOs of 'Buy/Sell Gold' companies. They could have easily taken out the 'Gold Conspiracy' segment of the film and leveraged some more unbiased viewpoints. Oh well.
 
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