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What if I were to tell you not owning gold or silver makes you a monkey - a silly monkey to global elitists and their ilk. Would you believe me? Would you be mad at me? I hope so, as this is exactly what I intended. Because you should be mad, not at me for attempting to awaken you to the need for owning gold and silver; but at the so called 'powers-that-be', the plutocrats, bankers, bureaucrats, and politicians (the establishment), the ones that do everything in their power to dissuade you from owning precious metals. (i.e. because they can't tax what they can't see.) And no I am not a conspiracy theorist - I am a realist - I simply look at the evidence. But again, those who do not, and laughingly fall back into the comfort of the attitude precious metals investors are a bunch of 'nutty conspiracy theory types', are equally funny monkey types to the discerning mind, either an idiot or establishment lap-dog if you will.
Have I gone too far - basically insinuating people are dumb monkeys for not seeing the need to own gold and silver, and for trusting establishment types? In this regard I sincerely hope that you are pushed outside of your naive comfort zone, which by the nature of the task requires some provocative prodding in order to get the blood boiling, but please understand I am not the one insulting you - I am not the one attempting to make a monkey out of you at all - 'they' are - they are the ones that think you are dumb monkeys who will do what you are told - what you are conditioned to do like the monkeys in a 'control experiment' - not me. I am simply attempting to awaken you to this reality - because it won't go away by ignoring it or making believe it doesn't exist - believe it or not. So don't shoot the messenger - please.
So, what's all the fuss about gold and silver? And why should you own them. Obviously I am speaking to the novice in the 'financial survival game' here, and not the veterans out there, so keep this in mind; however, it doesn't hurt to hear this again no matter where you are in the spectrum, especially if accented with an update of where we are in the larger cycle (process) of the precious metals bull market. The fuss about gold and silver then, in basic terms, is it's protection from the vulgarities (think rising prices, wealth confiscation, and lower living standards) associated with currency debasement the Anglo / American establishment depends on to maintain power, where we are now drawing ever-so-close to the end game. Why should you own gold and silver then? Answer: To exit the present bankrupt / over-indebted financial system that is close to implosion caused by it's own critical mass. (i.e. to protect your wealth.)
What's more, it's not a matter of if the Anglo / American (Western) system will end one day, but when, because they all do, especially one so indebted to bubble economics. The only other question is what will prick the bubble? Will it be attributed to excesses directly associated with the Fed or China in the history books; or perhaps Valdir Putin, because although the West would like to make believe he (and Russia, the periphery, etc.) is not a destabilizing force capable of doing so, unfortunately this is not the case. Only time will answer this question of course, not that it should matter to you, meaning taking care of yourself because neither the state nor establishment will. (i.e. you are viewed as assets to be taxed by these types.) And this should matter to you because it's happening in real time - right now - where one should endeavor to protect hard earned wealth in tangible and enduring money before it's to late - not fluffy currencies that are manufactured from thin air on a bureaucrat's (think banker) whim. And again, this is where gold comes in, as it's 'the' ancient monetary metal that has been with us for thousands of years; and, as Antal Fekete would tell us, the ultimate extinguisher of debt, essentially beyond the reach of the establishment. (i.e. although its price can be manipulated at times.)
Because that's what we are talking about here, financially surviving the implosion of 'the system'. Of course the powers-that-be are not going to stand idly by and watch their paper empires (and power) implode without attempting to do something about it. And we know what they will do about it, which was discussed in my work last month, the fact that the Fed (all central bankers) is nothing more than a 'One Trick Phony' - they will print increasing amounts of phony money, Federal Reserve Notes (FRN's), better known as dollars($'s), which again, are nothing more than increasingly worthless fiat currency printed in ever-larger amounts daily by the friendly folks down at the bank - again - in ever-increasing amounts. And it will continue to do so until the market says - no more - something that will never occur voluntarily. So for those wondering whether the implosion comes in the form of deflation or hyperinflation, one would do well to betting on the latter before the former.
For my money, which by the way is well anchored in gold and silver because of this risk (and attributes discussed above), I am willing to bet some degree of both extremes (deflation and hyperinflation) grip macro-conditions before it's all over, with the former being the apparent 'big worry' for the Fed right now, but the latter (some degree of hyperinflation) most likely the demon that will ultimately break the system. This of course assumes the $ will remain the world's reserve currency until events begin to spiral out of control, which is quickly becoming 'the important question of the day' given efforts from both Russia and China (the trading blocs they are forging, decentralization, etc.), not to mention the Arabs (that US foreign policy frequently angers these days), making some degree of hyperinflation first a distinct possibility. (i.e. especially if the US loses the petro$.) And again, it should be understood that when 'the system' does occur, it will most likely be a result of hyperinflation first, followed by deflation - with prices possibly doubling overnight right out of the blue - and then collapsing afterwards as economies will need to be reorganized into more practical and lasting frameworks. (i.e. think of the need for economic decentralization brought on by rapidly dwindling hydrocarbon supplies.)
So when I say don't let these apes make a monkey out of you by not having a percentage of your portfolio in gold and silver bullion, one may have a better idea of why now, but let me continue because I have more. Don't let the unnecessary volatility they create in precious metals dissuade you from doing the right thing to protect yourself financially. Don't let them scare and confuse you because the stakes are high - your economic survival. The Russian's know this, as you will learn below.
And while this may not appear important right now, with precious metals prices seemingly well under control over the past few years, at some point, possibly quite soon, this will change. We know this on both a technical and fundamental basis, meaning at some point man made fiction will meet reality. On a technical basis we have what appears to be a sustainable reversal from up to down in the Dow / Gold Ratio (DGR), discussed here at length, which is the key measure of liquidity flow measurement between the fiction of the stock market and reality of the physical world. Commodities are becoming increasingly scare and more expensive to consume, which is not being properly reflected in both, stocks and gold, with the latter the ultimate barometer in this regard. But how can this be on an extended basis, where things have run into noticeable extremes over the past few years? Answer: Because of faulty and fraudulent market mechanisms (think futures, HFT, algos, etc.) And this understanding is finally gaining some traction in the mainstream.
This is what the Russian's are mad about, the fact they are forced to take less for their natural resources, which is a large part (along with securing their naval bases) of the reason shaking things up in Crimea does not bother them, even if they must give up Western alliances. Because they realize the West (think the Anglo - American Alliance) is out to screw them out of their natural resources for the lowest prices possible using their faulty and fraudulent markets, propaganda, and predatory policy. And as this understanding becomes more wide spread in struggling emerging markets you can expect to see more incidents like Crimea, which will ultimately lead to an acceleration of the decentralization process in the global economy just signaled by Russia. You may remember my thoughts on this inevitability back as early as 2008, and more recently.
So why would Putin choose now to make this move into Crimea besides the obvious, to protect their strategic military interests, with the veiled threat to the West that more of the same may be in the cards if he thinks they can get away with it? (i.e. if the US / West continue to react in weak fashion.) Answer: Because the West is in fact in a weak position right now strategically (economically), and the Russian's know it, threating to unload US Dollars and Treasuries if retaliation becomes punitive. What's more, with US defense spending budget cuts announced this week, Putin knows the US is vulnerable in this respect, another reason you should expect Russia's neighbors (including developed economy Western alliance members [even Germany]) to increasingly distance themselves from the American Empire. (i.e. like India just did.) Like Rome at its peak, the US has now entered a slow but long-term reversal in its influence internationally, with the global economy now on a path towards decentralization, mercantilism, and reorganization.
One thing is for sure in this respect, with the financialzation of the US / global economy by the knuckle-heads in charge, with Western stock (and bond) markets at all time highs, little doubt can exist the situation is fragile, which is why you can expect both Russia, and China, who has already picked sides (for obvious reasons), to exploit this weakness increasingly as we move forward. The US cannot afford to anger them without facing economic reprisals that would rock the very foundation, shaky as it is (because of bubble-economics associated with the financialization of the global economy), of the Anglo-American power structure. So, as their economies (along with the rest of an exploited periphery) continue to collapse, expect them to accelerate efforts to bolster their situations by any means possible, using the threat of economic retaliation on the US as the 'big stick' held over the collective heads of the West. For the Chinese, this likely means making a more serious claim against Japan (a key Western Alliance member) in ongoing territorial disputes, with fresh comments out of Beijing just yesterday in this regard.
Call it regionalism, decentralization, whatever you want, what is important to understand then, in attempting to make sense of what will appear to be 'cold war' like rhetoric, is again, the American Empire is vulnerable here, with key adversaries (Russia and China) quite aware of this due to their subjugation via faulty and fraudulent Western pricing mechanisms, financialzation of the global economy, and predatory Western policy. Now that the West's fiat currency based economies are fully mature however, these practices appear set to reverse with fringe economies increasingly reverting back to more regionalized trading blocs and organizational frameworks. The thing is they have little to lose as things stand now, with core countries (think US, Japan, etc.), for example, trading worthless paper (think currencies, bonds, derivatives, etc.) for cheap goods and inputs they can no longer afford to give away based on the hope one day these coupons can be redeemed - which as we know, and they (periphery economies) are quickly realizing, is not possible without bankrupting the host.
So please, don't be confused about these issues by the mainstream, because increasingly, such thinking will make a monkey of you.
Get gold and silver bullion while they are still available and cheap.
You will never regret it.
See you soon.