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Global Panic - U.S. Federal Government Stockpiling Ammo – Here’s What We’re Going to Do

Politics / Financial Markets 2014 Aug 24, 2014 - 01:17 PM GMT

By: Money_Morning

Politics

Shah Gilani writes: This is a warning. I’m not kidding.

I heard something yesterday that blew me away.

I can’t further corroborate it, but I trust the source.


My friends know I like to target shoot. I don’t hunt, because I can’t kill anything living, but I like guns. Maybe it has something to do with wanting to be James Bond when I was a kid… OK, I still want to be 007.

As other target shooters know, it’s gotten harder and harder to get ammunition.

Fo a few years now, all kinds of stuff have been going around on the Internet about why ammunition is hard to get. I’ve read a bunch of things, and friends send me links to articles all the time. But a friend I trust just shared some news that shocked me. I want you to hear this news, too.

Dollar Theory

Not too long ago, I came across some articles about how various federal agencies were stockpiling massive amounts of ammunition. One of the agencies was the IRS, the Internal Revenue Service.

I didn’t think of IRS agents as gun-toting G-Men anymore, so that idea struck me as odd. What’s even odder, however, is that the ammo was supposedly hollow-point rounds.

Hollow-point rounds are deadly. They go into flesh and tissue the size of the bullet but spread out on impact. They’re not for target shooting. Not even police officers are allowed to use hollow points.

Here’s where this all comes together.

My friend asks me yesterday what I think about the U.S. dollar, our currency. I gave him my opinion. Then he asked me if I thought the dollar was going to collapse, as in totally collapse. I answered that I didn’t think there was any reason it would just collapse.

It could lose its reserve status eventually, maybe, possibly – but not immediately, I said.

Then he blew me away. He asked if I’d heard about the government stockpiling hollow-point ammo. I said, as a matter of fact I had heard that. He said, “It’s true.”

He said his “friend,” who is one of the top guys at the Department of Homeland Security, told him why.

Federal government bigwigs are planning for the collapse of the U.S. dollar, he said. They even have a date. They expect the dollar to implode in 2016.

That’s less than two years away.

He explained that there are foreign forces working to undermine the dollar. And it’s working. It’s happening slowly, but it’s going to mushroom, and the net result will be a global panic and massive dollar selling – to the point that it will collapse.

Because we rely on the dollar without questioning its purchasing power, its “store of value” or its government backing, a sudden collapse of the dollar would undermine society.

How’s that? That’s because, my friend told me, the divide between the haves and have-nots in the United States is so wide now that the government expects there to be riots and looting and total chaos all across the country.

It will be about having things or not having things, he said. It won’t be about having dollars, because they won’t be worth anything.

That’s why the feds are stockpiling ammo. That’s why it’s harder for the rest of us to get ammo.

I am not the kind of person who takes rumors and rubbish and extrapolates them into conspiracy theories. But when someone I know, someone I trust implicitly, someone who is very well connected, tells me something like this, I think long and hard about it.

What Comes Next?

But don’t worry. There are ways we can prepare for this.

Indeed, this doesn’t mean there won’t be chances to make money… lots of money.

In fact, that’s what I’m doing now. I’m considering how we will best be able to protect ourselves and, better still, how we can profit hugely from the demise of the dollar.

I’m scanning the globe to determine how we’ll not only get through, but also take advantage of this worldwide crisis. I’m finding the best investments, deciding where we’ll put our money for safekeeping and figuring out which areas will be hardest hit.

No matter what happens, I’m going to be right here.

What do you think?

Source : http://www.wallstreetinsightsandindictments.com/2014/08/feds-stockpiling-ammo-heres-going/

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