Wednesday, November 2, 2011

Physical Gold and Silver Will be the Only “Financial Assets” to Rise in this Environment

In nearly all cases, I come up with a premise and fashion my RANT around it. I was all ready to write about the silly term “RISK OFF” this morning, a term synonymous with the mindless, computer-generated ALGORITHMS that have DESTROYED American capital markets. As I’ve written exhaustively for some time, the MAJORITY of such algorithms are emitted from GOVERNMENT COMPUTERS; Thus, essentially, the government CREATED the definition of RISK OFF, which apparently means gold and silver are the riskiest assets on earth, and U.S. Treasuries the safest. At this LATE STAGE of global economic annihilation, the financial equivalent of the War Games construct GLOBAL THERMONUCLEAR WAR, the ONLY tool left in America’s arsenal is to PRINT MONEY, MANIPULATE MARKETS, and PRAY for a miracle. But that miracle won’t come, and shortly the modern world will understand the cycle of misery and hardship experienced by countless generations across history.

The reason for changing my topic mid-stream was, obviously, the global meltdown that commenced yesterday afternoon and is gaining momentum this morning, like a speeding locomotive. Mind you, NOTHING positive has occurred in the two months since GLOBAL MELTDOWN II commenced (sending bank stocks to all-time lows and gold to all-time highs), just the aforementioned MONEY PRINTING, MARKET MANIPULATION, and PROPAGANDA to stave off the masses. The financial horrors that nearly destroyed the world in GLOBAL MELTDOWN I are DRAMATICALLY WORSE today, and will be DRAMATICALLY WORSE tomorrow, and the next day, and the next day. I read yesterday that “fortunes will be made and lost in the chaos”, but only part of that statement seems realistic. Yes, PHYSICAL gold and silver will rise to, potentially, EXPONENTIAL levels, but such “fortune” will likely only be enough to keep you solvent in the post-fiat era, an era of financial stress not experienced since the Great Depression. Of course, the U.S. was a strong nation during the 1930s, with little debt, a trade surplus, industrial leadership, a gold standard, and just 120 million citizens. Today, it has been gutted of all industrial prowess, is the most indebted nation on earth, has a fiscal deficit approaching $2 Trillion per annum, 3x as many citizens, and, soon to be learned, NO GOLD.

To long-time readers, what I am writing is nothing new. I am a REALIST, and unfortunately for my critics have been correct about EVERY major macroeconomic call for the past decade. I am not brilliant by any means, but have the rare ability to ignore the LIES so readily accepted by the masses. HUMAN NATURE dictates that evil neither be spoken nor heard, but unfortunately it has a REAL impact on lives, causing death, despair, and despondency. (more)

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