Since the U.S. and E.U. first enacted sanctions against Iran, in 2010, the value of the Iranian rial (IRR) has plummeted, imposing untold misery on the Iranian people.
When a currency collapses, you can be certain that other economic
metrics are moving in a negative direction, too. Indeed, using new data
from Iran’s foreign-exchange black market, we estimate that Iran’s monthly inflation rate has reached 69.6%. With a monthly inflation rate this high (over 50%), Iran is undoubtedly experiencing hyperinflation. The rial’s death spiral is wiping out the currency’s purchasing powerRead More @ ZeroHedge.com
In the financial world, the month of October is synonymous with stock
market crashes. So will a massive stock market crash happen this year?
You never know. The truth is that our financial system is even more
vulnerable than it was back in 2008, and financial experts such as Doug
Short, Peter Schiff, Robert Wiedemer and Harry Dent are all warning that
the next crash is rapidly approaching. We are living in the greatest
debt bubble in the history of the world and Wall Street has been
transformed into a giant casino that is based on a massive web of debt,
risk and leverage. When that web breaks we are going to see a stock
market crash that is going to make 2008 look like a Sunday picnic. Yes,
the Federal Reserve has tried to prevent any problems from erupting in
the financial markets by initiating 
Today
Rick Rule told King World News “At some point we will see the
availability of physical gold disappear when we begin to see widespread
public ownership like we witnessed in the 1970s.” Rule, who is now part
of Sprott Asset Management, also noted that “… gold will do well
because the value of currencies will continue to erode.”
