The Dollar is Done – Deal with It
5 Stages of Grief over the Loss of the Dollar!
By: Jason Hommel
Psychologists tell us that there are five stages of grief over loss of whatever kind, usually death, or breaking up with a loved one, which are: denial, anger, bargaining, depression, acceptance. I’ve applied these to the loss of the dollar, as I see most people today are still stuck in denial, and here’s how to deal with that.
Denial. Most people in America are in total denial. But the dollar is done. Most probably don’t think it’s done, because we all still use dollars to buy things. But do you notice prices going up? That’s the key sign that the dollar is done. The dollar is abandoning you, the dollar does not care about you, and you have to deal with it. People in denial will repeat the many lies taught to us all by the media and schools. The most popular of these delusions are, in order, “gold is too high now,” “how would I sell it,” “gold bugs are crazy,” “I’m not sophisticated enough to invest in gold,” and the classic denial line, “I don’t want to hear anymore about gold.”
I’ve actually researched over 100 gold bashing nay sayers, and gathered together all the most popular statements of denial, which you can see, here: http://silverstockreport.com/2009/bashers-say.html
Back in Dec. 2009, the most popular statement of denial was “gold is too high now”, and that was when gold was $1200/oz. Today, almost two years later, gold is $1785, and climbing. Clearly, everyone who thought gold had topped out were simply in denial.