Momentous
events have taken place in global markets. With both the U.S. and EU
announcing “open-ended”/”unlimited” money-printing (respectively); the
exponentially increasing money-printing taking place in bankrupt Western
economies has escalated to simply infinite money-printing.
This
is nothing less than a death-knell for all Western fiat currencies, and
our final warning that hyperinflation is now an inevitable fate. All
that remains is for the (currently) clueless masses to realize that the
paper they are carrying in their wallets is (in fact) nothing but paper –
and then our own, modern Tulipmania will come to an ignominious end.
Gold
and silver prices naturally reacted to this monetary insanity by
jumping higher, reflecting the explosion which must take place in most
asset prices; as our paper currencies plunge to their real value: zero.
However, the rally was halted by a desperate counter-attack on bullion
markets – with the result being that bullion prices have now trended
sideways to lower for the past several weeks.
It’s
important for readers to understand that there is no way the
newly-announced money-printing has been (or could ever be) “priced into”
metals markets. As the simplest of tautologies, you can never “price
in” infinity into any market. Open-ended/unlimited money-printing means nothing less than an endless spiral higher in asset prices – until all this banker-paper meets the same fate as all previous fiat currencies: utter worthlessness. (more)
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