is back for another installment… The Euro is crumbling. So is the yen.
The beneficiary is the dollar which has been going up. This is the
future of things to come. There’s no turning back now. Money printing is
out of control and so is sovereign debt. This will eventually lead to
some type of debt jubilee, either total or partial, but there’s really
no other way out. Governments, by their very nature, will always spend
more than they have and make up the difference by taxing and borrowing.
No one in government ever wants to tell people that the party is over.
Therefore, it goes on and on until there’s a major crash and the system
has to be reset. According to Martin, it’s down the road a ways, but not
Please bookmark us
blog.milesfranklin.com / By Andrew Hoffman / March 6th, 2013Please bookmark us
I have written endlessly of the varying – and changing –
meanings of the famous political cry, “It’s the Economy, Stupid!”
Created in 1992 by the Clinton campaign, it inferred that since the
economy was floundering, incumbents (like Bush I) should be voted out.
It’s the oldest strategy in the book; but was never used so succinctly…
It’s the economy, stupid – Wikipedia
However, in today’s world of collapsing economies and surging inflation, its meaning has shifted 180 degrees. In other words, with HOPE of new jobs all but gone, a weak economy ensures votes for those promising the most entitlements; but NOT actual jobs. In other words, the typical societal decline; from capitalism to socialism to communism…
Regarding financial markets, the top PROPAGANDA platform of those trying to discredit Precious Metals is that a “recovering” economy means gold and silver should collapse.
Particularly as PAPER naked shorting is employed whenever “better than
expected” economic data is released, a PERCEPTION has been created of
such a connection. It matters not if the data is true; of measurable quality; or consistent with
other reports. So long as the Cartel ATTACKS PAPER PMs as the reports
are issued, the doting MSM will be happy to make a connection; a la
“market action makes commentary.”
As discussed in the “DOW-GOLD PARADOX,” things are not always as they seem. Incessant PPT-support gives the impression the “DOW JONES PROPAGANDA AVERAGE” is always rising; but in reality, has barely budged in 12 years – and fallen significantly when adjusting for INFLATION and SURVIVOR BIAS…