In the first half of Monday's show, investment banker and risk manager James Rickards discussed why he believes the coming collapse of the dollar and the international monetary system is entirely foreseeable, and what we can do to protect ourselves. The International Monetary System has actually collapsed three times in the last century-- 1914, 1939, and in 1971 when Pres. Nixon took the dollar off the gold standard, he pointed out. When this happens, it means that the major financial players in the world get together to rewrite "the rules of the game," he said. The incidents of collapse were all tied to wars-- WWI, WWII, and Vietnam, he added.

The next collapse will likely result in a high inflationary period and the people most hurt will be those on a fixed income, whose dollars will be worth less. There are also winners during inflation, such as those with fixed assets, like owning a factory, gold, or other currencies, he continued. The dollar will still be used in the US as local currency, but it will no longer be the leading global reserve currency-- that could be SDRs, a reserve asset of the International Money Fund (IMF), he explained. Rickards recommended that people devote around 10% of their assets to gold such as the American Gold Eagle, which would increase in value during an inflationary period.

SALUSA; May.2,2014 ( below is a condensed version of selected paragraphs )

We would not pretend that there are easy times ahead, when in fact the cleansing that is taking place means that it will get worse before it gets better. Some of it is the clearing of ages old karma as the New Age must have a clean sheet, without the responsibilities of mistakes that have been made in the past. The new way of thinking is gathering pace and cannot be ignored indefinitely. In the present situation on Earth much needs to be done to bring hostilities to an end, and we can intervene to establish peace if we are called upon to do so.

To use one of your expressions, “keep your head above water” at all times knowing that these times are a prelude to the end of the cycle. Every soul learns so much by experiencing the end times, and indeed by living lives in an environment that contains so much hostility. However, as we have often informed you, the challenges that you have encountered in the lower dimension have speeded up your evolution. It has been what you might call a “fast track” to the completion of your experiences. Also bear in mind that a long, long time ago you willingly volunteered to experience a journey into the darkness, knowing that we would always be with you. Very soon you will meet us in happy circumstances, as by then you will be on your path to full consciousness.

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I thought I would put these two together to get a view of the other side of the coin & prepare huh.Rev.