What if you awoke one morning and the U.S. Dollar – long past its prime – was dead, having become a worthless U.S. Dullard overnight? Day by day, it is becoming more of a probability than a possibility. One thing is certain: when it comes, it will be sudden, swift, silent and totally unexpected.
Diary entry reads………
DEAD DOLLAR DIARY
Woke up at dawn, restless. Turned on tv. News channels all blaring, everything is Breaking News. The U.S. Dollar has collapsed on international exchanges and is no longer the world’s reserve currency.
No one saw it coming. Video plays of SWAT teams roaming Wall Street. The police are nowhere to be seen, although sirens drown out the live coverage. Stragglers hurry past shuttered banks; they only contain worthless dollars anyway. Trains, buses and taxis are at a standstill. City and rural services are closing down. Stores are barricading doors and windows, afraid of looters. The news anchor says a report just came in that communities are forming militias to protect themselves. A scrolling ticker line has just appeared along the bottom of the tv screen, quoting live prices for silver (now $79) and gold (just hit $2,431).
There is a rush to exchange worthless paper money for goods. Barter is back, big time. Silver and gold are the new currency – the timeless store of wealth and value – and they are skyrocketing. It’s a race against time for those with their net worth in dollars, trying to swap garbage paper currency for valuable goods or precious metals, “before the music stops”.
But the music has stopped. Overnight, and without warning. The morning’s cold grey sky is a harbinger of uncertainty and chaos. Facebook and Twitter servers have crashed, with everyone posting the same question: “Where can I get…?”
SILVER & GOLD ROCKET SKYWARD
Silver is now at $194 and gold has reached at $6,806. The tv reports an impromptu market, setting up on a nearby street corner. It’s for barter only: dollars are not welcome. My neighbor bangs heatedly on my door. “Do you own any guns?” he yells. Is he crazy, or thinking ahead? I can’t decide which. I check the lock on my door and close the blinds. Have to think. Prioritize. What should I do first?
I am glued to the tv. Frozen. Helpless. Unfolding tv scenes remind me of watching the Twin Towers in disbelief. But once again, it’s a real-life disaster movie, unfolding frame by frame in front of me.
DISASTERS UNFOLD, MINUTE BY MINUTE
More Breaking News. No word from The President, and the White House is on lock-down. Hey, there is no official word on anything. Here comes another Special Report, but it’s all hearsay and rumor. The news anchor wipes his forehead on camera, then composes himself. He frowns and then announces that the world has lost faith and confidence in the U.S. Dollar, and “no one knows where this is all headed.”
I switch channels. Silver and gold prices are scrolling constantly now, on every channel. It’s like watching the National Debt Clock. Silver passes $350 an ounce and now gold is passing $20,000……
A news anchor is trying to coin a phrase, calling it ‘The Day The Dollar Dived’. He stares into the camera and asks derisively, “Printing $85 billion a month… how long did The Treasury think this could last?”
ARE YOU FEELING PRETTY GOOD?
Ask yourself, were you one of the smart ones who bought gold and silver, when you were advised to do so?