Did Someone Say Budget Freeze

In a stunning report by Martin Weiss, 9 predictions are made regarding the future of our markets, gold and the economy.When you read this report it is difficult to see how we can avoid hyperinflation in the months ahead.Indeed, hyperinflation may be the only alternative to the Armageddon-like end some predict for our economy and society in general.

Weiss' prediction #6 is that the U.S. budget deficit, despite an announced spending freeze that begins in 2011, will reach $2 trillion by 2012.Since we are already on the brink of a debt that equals our entire GDP, and in light of the fact that the pool of lenders out there to buy our debt is shrinking, there may be only one way out of our dilemma.PRINT MORE MONEY!BUY OUR OWN DEBT!

Eventually, inflation fears will set in.It's all but a foregone conclusion. It is this anticipation that keeps gold prices elevated even at a time when the dollar is showing relative strength against other currencies.Nothing has changed the prevailing sentiment of the last decade.Gold is still considered the premier inflation hedge and more and more people are coming to the same conclusion.Buy Gold!