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12.12.12 – The Day Our Currency Died: Andy Hoffman

Andy Hoffman of Miles Franklin joins us to discuss the FED’s actions on 12.12.12. With the announcement that the FED plans to make $45 BILLION PER MONTH in new, UNSTERILIZED Treasury purchases, we are merely biding time before the great collapse begins. With QE4, the fate of every American has been sealed; the death of the Dollar is now a guarantee. Andy warns, “This is truly, truly the beginnings of what you call hyperinflation – and there’s no way back … It’s going to be a very ugly world.”


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53 comments to 12.12.12 – The Day Our Currency Died: Andy Hoffman

  • PhotoLizard

    Good video, but you have the word our on the title frame of the video twice

    • SGT

      Thanks, yeah, I was up really late last night (2am) trying to get this, and still couldn’t manage to get it posted until this morning. Figures there’s a typo in there. doh.

  • Tim

    Great interview, Sean. I always enjoy listening to Andy.

    I’m perplexed by what has happened since QE4 was announced yesterday morning. We saw an initial spike in gold and silver prices, though it was delayed, but then later in the day the prices of both metals dropped. Right now the price of silver (I haven’t looked at gold) is lower than it was yesterday morning before the Fed minutes were released. What gives? If an annoucment like that doesn’t move the prices of PMs, what will? I have the awful feeling that TPTB, by continuing to devalue the dollar through endless money creation, are going to completely destroy our purchasing power while keeping PM prices suppressed leaving us with no way to protect ourselves. Think about that.

    • SGT

      That’s what they want – they need to make people think silver and gold are too “risky”. It’s a magician’s trick, a ruse. I need to make a video about this — of course they took the metals down, when surely they should have popped much much higher. it’s all a paper game, that’s why buying and holding physical metal wealth is the only remaining way to go.

      • Ed_B

        The good news, Sean and Tim, is that while TPTB are doing this to prop up the fiat paper Ponzi scheme, it is also helping us build our stacks at artificially depressed prices. This allows us to stack more silver and gold than we otherwise could have if they were not arranging these price smashes. This gives me mixed feelings. I am happy to be able to buy more silver because of this but also unhappy that their entire plan will be VERY dangerous to our country and to those who either can’t or won’t protect themselves via owning physical PMs. It saddens me greatly that there are so many people who are just barely making it financially from month to month. Some of them probably know that they need to buy some silver but they just can’t. Because of this, I have taken it upon myself to stack for everyone in my immediate family. They either cannot afford to stack or can’t understand the need for it in spite of my comments and best efforts to tell them about it. Because I can afford to stack, I will… for them.

      • clint

        Hey Sean,

        Good idea, I would look forward to watching that video. I think that would be great for a lot to see. I’ll be looking for it.

    • lastmanstanding

      Tim…they want us out. They know we are on to them.

      it must pain them beyond belief that we won’t budge…they can’t beat us.

      That is why the game is still going on…look at all the shameless idiots in sgts last trifecta of vids.

      It will only take a few million strong willed, strong minded, strong handed individuals who want liberty to drive them from the earth…forever.

    • Carl Jung

      This is for ALL the marbles and we knew it would get desperate. This is what desperate looks like. New Year indeed. Hold! Hold! HOLLLLD!

    • NaySayer

      You are right that they could destroy the fiat dollar and keep the precious metals low, however, more than likely they will institute price/rent/wage controls to try to “stabilize” the economy. Before you say that can’t happen in america maybe you should remember that Nixon did some of that in the early 1970s.

      When they do that, many desirable goods will immediately stop coming to market and start being sold only on black markets for vast amounts of fiat or small amounts of real money gold and silver. When apartments or houses come empty the owners won’t rent them because they won’t be able to afford the maintennace on them for small amount that the government will demand that they charge for rents.

      They might start loaning them for barter for food or medicine or precious metals.

  • Robert

    an exponentially growing debt bubble cannot continue forever, until forces beyond their control take over it’s the law of the universe and a mathematical certainty, when that happens their will be a wealth transfer to PM and other hard assets that will be unimaginable.

  • harley hooch

    IF WE GO TO THEIR HOMES AND KEEP THEM AWAKE AND SCARED WE CAN RUN THEM OFF. NO VIOLENCE NEEDED OR WANTED. LOUD HARLEYS WILL KEEP THEM AWAKE AND THEY FEAR THE BANDIDOES AND THE HELLS ANGELS AND THE MONGELS. THESE COMPUTERS WILL NOT GET THE JOB DONE. IT IS ALL TEXT. WAKE UP PEOPLE.

  • Hman

    Hey Sean, great interview and you know us, Andy is “preaching to the choir ” :)

    I have looked at actual mining costs for silver and it’s between $16 and $28 depending on the mine, however and if the opportunity arise, I would appreciate if you would ask one the “experts” in the field to shed some light on the subject.

    Thanks..

  • Silver Wheaton(SLW) has silver purchase agreement costs in the $4-$5 range.

  • harley hooch

    MY BUDDY IS A 30 YEAR SECRET SERVICE AGENT. HE PASSED AWAY RECENTLY SO I CAN TELL WHAT HE TOLD ME. HE SAID SINCE KENNEDY ALL ELECTIONS ARE FIXED. HE TOLD ME TO QUIT VOTING. HE SAID THEY LET YOU VOTE SO YOU THINK YOU ARE ELECTING THE PRESIDENT.THEY PICK THEM. HE SAID THERE IS A ROOM IN THE WHITEHOUSE THAT HAS A GIANT TABLE AND AROUND THE TABLE SITS THE BANKERS–CORPORATION CEO”S–FOREIGH LEADERS–ECT. HE SAID THESE CRIMINALS RULE THE US AND MOST OF THE WORLD. HE SAID THEY ARE ALL SATANISTS. HE SAID THEY DID THEIR SIGNS-HANDSHAKES ALL DAY LONG. HE HATED WORKING THERE.
    I BUILT A HOME FOR A PENTAGON MARINE COLONEL AND I WOULD BE FILTHY RICH IF I HAD LISTENED TO HIM. HE KNEW WHAT WAS GOING UP AND HOW MUCH AND WHEN IT WAS GOING DOWN. HE SAID THE DOW WAS GOING DOWN TO 1500 AND MAYBE 1000 TO BREAK EVERYONE BUT THE MULTI BILLIONAIRES IN THE NEAR FUTURE. EVERYTHING IS FIXED.

    • In Aaron Russo’s film:America, Freedom To Fascism,he does a spot on Elections and how there is a program for the Diebold/Electronic Voting Machines that allows manipulation/propraming of the final vote tally.The final vote count would come out 51% to 49%, well guess what the final percentages were for the recent election Obama 51%,Romney 49%. The gentleman was correct.

  • The reason why these SEC Criminal are now walking? They have no plausible deniability. Madoff was basically was given to them with a silver lining and they did nothing.

    • Ed_B

      Madoff was strung up by the short and curlies for one and only one reason. He perpetrated a billion dollar scam but didn’t share any of the loot. THAT was his mistake. Had he been as smart as Jon Corzine, he would have donated $100M or so to BHO’s re-election campaign coffers and he too could have gotten off scot-free.

  • RedOak

    Thanks for doing another great interview. IMHO the collapse is going to take longer to get here than most think, but once it happens it will take place faster than most expect.

    • Ed_B

      I agree. Like a stalking tiger it will slowly creep up on its intended prey and will then suddenly spring from hiding in a devastating attack that totally overwhelms and destroys its prey. Got tiger repellent (silver)?

  • Sean, excellent interview.Just more evidence of what the Fed is/has been up to. Also, this goes out to all those Lindsey Williams nay sayers going back over 1-1/2yrs: ” WHEN THE GOVERNMENT/FED BEGINS PRINTING MONEY AND PURCHASING IT’S OWN DEBT,THE END OF THE CURRENCY IS NEAR”. ” THE DOLLAR WILL BE DEAD BY 2012 “, it doesn’t mean the Dollar will not exist,just that your purchasing power will be greatly diminished through Inflation.The supermarket shelves will not be empty,you just will not be able to affort to purchase due to high inflation.Taking into account that the BRICS are bypassing the Dollar for trade settlement and the soon to be Death Of The Petro-Dollar, the Dollar will indeed be dead with Inflation Raging.Dollar Devaluation dead ahead! NUFF SAID!

    • SGT

      Great reminder Glitter. Thanks to all of you for tuning in and for commenting as the end of this monetary lunacy draws nearer by the day.

      • There are many LW critics, but they obviously fail to listen at what’s being said.All Lindsey is doing is forwarding information from individual(s) that have a much closer inside track on an active agenda. Your interview with Andy along with other recent pieces are confirmation to validate LW’s Elite source.

    • Ed_B

      Yes, that is a critical timing element. Another one is to watch what happens in the EU and then the UK. After the EU collapses, there will be a time period of maybe a week or two before it hits the UK and it collapses. Within a week, it will arrive on US shores. When you seek the UK starting to collapse that will be our final warning to GTH outta Dodge… as well as any paper you still own.

  • Charlie

    For the prepared, the German inflation created inter generational wealth. Hemingway wrote about it. He was living like a king on USD.

    • Ed_B

      Indeed so, Charlie. There is a story that can be found on Internet about this. In the story, an American business man goes to Germany on a business trip. The hotel where he stays has its own restaurant. He orders dinner there the first night he stays in that hotel and it is so wonderful that he compliments the cook and tips her a silver dollar. She is amazed and thanks the business man profusely. He is a bit surprised by this but accepts it gracefully. The cook calls a family meeting for the next day, including one who is an attorney and one who is an accountant. The subject of the meeting is how they will invest this VAST fortune of several billion marks.

      Anyone who thinks that this cannot happen in other countries has simply not been paying attention. It not only can but has… in Russia, Zimbabwe, Argentina, Mexico, and about 85 other countries since The Weimar Republic collapsed and laid the stage for the rise of Hitler and the NAZI party.

  • Jasem

    Sean,
    Thanks for uploading this video.
    My opinion that we are very close to the last spectacular pop in the gold price. Nothing more is left to prove that more money printing is required to save the economy from imploding. Someone may wonder why all this money printing doesnt cause any sort of inflation. The answer is simple. We have so much debt that wants to deleverage and the fed is trying to balance that deleveraging buy an equivalent and an opposing leveraging force to keep the system from imploding. This is like having a big balloon that has a big hole in it. The fed is trying to pump air in this ballon that is equivalent to the leaking air from the hole to avoid a crash. The issue here is that the hole is getting bigger, so the fed needs to pump even more air in the ballon. Someone may say that theoretically if the Fed continue to pump in air in this balloon that is equivalent to the air leaking then nothing will go wrong and the balloon will not implode. That’s true but a time will come when the hole becomes so big than the balloon can’t sustain itself as then the hole will swallow the ballon. At that moment, it is game over. Why the gold price is not reacting accordingly. It is like that guy who is flying with that balloon who thinks that the trick of pumping air in a balloon with a hole will work until it is too late (think about the passengers of the Titanic). It is Normalcy bias that is deceiving people always. People are always taken by surprise. For me, I am not waiting for any more signs of an eminent collapse of the world financial system like of what is announced after last Fed meeting. Run Forrest Run!

    • SGT

      thanks Jasem, well said. I happen to be up researching some stories for tomorrow. My view on things at this point is, stack em and pack em while we still can, and thank the cartel for the gargantuan discount. g’nite!

  • Tim

    As much as I would love to believe all this madness will end someday soon, or Gold & Silver will split the stratosphere…I am sure there is no way in hell it is going to end badly for the ruling elite…there is NOTHING that happens by accident…everything is meticulously planned…and executed.

    However…

    “Life’s under no obligation to give us what we expect.”
    ― Margaret Mitchell

    • NaySayer

      I think that the ruling elite fear a french revolution scenario in which the peasants by sheer force of numbers overwhelm their defenses and start chopping off their heads. I think they should fear it. That is why they passed the NDAA, are building Fema Camps and buying billions of rounds of hollowpoint ammo.

      Hoffman is right, this is going to be far uglier than most of us can imagine. In the end some of them might lose their heads or be hung but many of them will live through it and come out the other side with their ill gotten gains and yes, they will have vast PMs.

      What it means for us is that we can come out of it with real money too with vastly improved purchasing power and maybe we can reform the middle class and real liberty at least in our areas of the country or world. They want us all debt serfs and not independent people with resources to help rebuild a free america or wherever.

      • Ed_B

        If there is ANY justice in this benighted world of ours, the elite bastards who caused all these problems will end up in those FEMA camps awaiting trial for their lives while every bit of their ill-gotten gains are confiscated and distributed to those who were most harmed by their extremely immoral activities.

      • clint

        When you get news of chopping off elite heads let me know, I’ll love to get at least one chop in with a dull axe.

  • Jeff

    Love interviews with Andy more and more and those done by SGT are the best.

  • Troy

    I finally order some silver today…its been about 3 months. Ordered 30 Pronghorn, 5 of the 2 ounce Year of the Snakes, and 8 Chinese Pandas. $1600 smackers!

    • john 2

      My latest additions to the family…

      I bought 50 of the Kookaburras w/Dragon Privy that Sean had recommended recently, then 50 of the Cougars from the Wildlife Series. Merry Christmas to me!

  • Shelly

    I appreciate your informative interview with Andy Hoffman. I have never bought silver or gold, but I am now considering doing so. Thank you.

  • Blair

    Sean, how can I contacty you other than youtube?. I have removed my channel thus I can’t e-mail you. I would like to share something with you A.S.A.P

    Blair

    it’s very important!!!!

  • Blair

    My e-mail has been corected on your site…

    Balr

  • Jacobson

    Thank you SGT for a great interview !
    I like this kind of stuff …
    I also like the drums in the begining …

  • Jim

    There are those Kabblistic NWO “magic” numbers
    again, 12-12-12.

  • Blair

    Thank you.. I just sent it..no pressure! Please read over!

  • Jacobson

    Thanks sgt ! Very good interview !

  • SGT

    I love all of of your interviews. I’ve been listening since the J W Rawles interview which was my favorite. It would be great if they were available to download so people like me could listen on the go.

    Keep up the great work!

    Prepper Recon

    • SGT

      Thanks PR, we’re working on that now – hope to get them up on The Liberty Mill as mp3s. In the meantime though, there are many free resources that will allow you to turn them into mp3′s yourself. But we’ll try to get it automated on TLM to save people that step. ~S

  • TheOv3rminD

    You can live on food stamps just fine. I have been using food stamps for the past 4 months and its great! I get $200 a month which means I can spend $6.67 a day. I could get a 2 liter soda a whole box of cereal and 3 microwave dinners for 6 bucks. I am definitely not starving.

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