Not Only Commodities are Signaling Hyperinflation

The rise in commodity prices over the past several months has been unrelenting.  Equally unrelenting has been the stream of central bank apologists aiming to re-direct the blame for soaring prices to almost everything imaginable except the real cause, which of course is unrestrained money printing.

The S&P Index and other stock indices like the Dow Jones Industrial Average are not rising because of better economic conditions or an improved outlook for economic activity.  Stock prices are rising because of money printing, just like they did in the early days of the hyperinflations in Weimar Germany, Argentina, Zimbabwe and every other country ravaged by misguided government and central bank policies.

Here is a chart that shows rising prices that cannot be blamed on bad weather, failed crops, global warming, a new ice age or sunspots.  This chart of the S&P 500 Index shows a near perfect correlation to the Federal Reserve’s money printing, a/k/a “quantitative easing”.

Source: http://www.fgmr.com/not-only-commodities-are-signaling-hyperinflation.html

Fort Knox is EMPTY

Bill Murphy, of GATA: The scams that the central banks have been perpetrating to rig gold markets and make the USD seem more valuable than it really is. The FED refuses to be audited, if they were....the game would probably be up. Large Central Banks and investment banks have held VERY large SHORT positions in gold keeping the prices down and manipulating them whenever it gets to high.