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James Dines continues:


“You are seeing increasing government control and surveillance.  I’ve frequently correlated this with the books, ‘1984’ and Aldous Huxley’s ‘Brave New World.’  It’s very important to understand what’s happening.  In this restructuring that I envision, it’s hard to see a positive side, but the seeds of (an eventual) recovery are already being laid, especially by the debt destruction of the deflation, and diminished expectations....


Continue reading the James Dines interview below...  




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“The function of gold is that of a circuit breaker, protecting against excess printing of paper money that causes an inflation, which steals proportionately more from the poor than it does the rich.  The Fed is actually in charge of the blood bank here.  In effect, the Fed is Dracula in charge of the blood bank.”


Dines also added:  “We recently began to predict the world’s coming peak gold production.  Furthermore, there are more dollars printed each year so, to me, it’s unstoppable that gold’s long-term uptrend will continue.  Without a link to gold, paper currencies continue to careen crazily because they are whipped by mass psychology. 


Who knows what a paper dollar is worth when it fluctuates constantly against other world currencies?  They are going to have to either inflate the debts away or repudiate the US dollar.  There is no way to repay the $16 trillion that America owes.


The US gold at Fort Knox, Kentucky, is priced at priced by America at $42.22, which is more ‘Alice in Wonderland’ fantasies.  You can just see how they lie and play tricks, and it’s your warning to do something to protect yourself.  Adding a little inflation to the economy is wrong.  Deflation cannot be healed by applying its cause.  So we are headed for a much more serious result of deflation which could be a hyperinflation.”


Eric King:  “Here is a quote from you:  ‘If our predictions of inflation and a possible hyperinflation unfortunately come true due to the Washington Economic Establishment, reckless overprinting of paper money, the upward pressure on gold bullion prices would thus become unstoppable.’  Is this upward, unstoppable movement (in gold) going to frighten people?”


Dines:  “I certainly hope so.  They’re now drifting like zombie lemmings toward a cliff and they need to wake up.  How are we going to repay $16 trillion when we don’t have a manufacturing base anymore?


What America is producing now are games and social networks where we can talk to each other better.  What are we producing?  We’ve used up our oil.  We have a gas bonanza.  Well, that’s wonderful but they are going to go through that also and probably sell it overseas.


We’re just squandering all of our inheritance and once we use up all of the wonderful things that Mother Nature left this country, it will be gone forever.  And then other countries will be able to dictate to us what they want us to do, like the Saudis did with oil all of these years.”


This is an incredibly powerful audio interview with the man who originally predicted the currency wars the world is now witnessing.  James Dines gives King World News listeners an exclusive peak at his predictions for 2013, and also covers, gold, silver, uranium, the ‘New Social Order’ and much more.   The extraordinary audio interview with James Dines is available now and you can listen to it by CLICKING HERE. 


© 2013 by King World News®. All Rights Reserved. This material may not be published, broadcast, rewritten, or redistributed.  However, linking directly to the blog page is permitted and encouraged.


The interviews with Michael Belkin, James Dines, William Kaye, John Embry, Jean-Marie Eveillard, Rick Rule, Pierre Lassonde and Gerald Celente are available now.  Also, be sure to listen to other recent KWN interviews which include James Turk, Bill Fleckenstein, John Hathaway, Eric Sprott and Art Cashin by CLICKING HERE.


Eric King

KingWorldNews.com

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