GO FOR THE GOLD

Although some human beings believe we are living in a vacuum, we are not ; attacks are coming from all sides. North Korea, Iran, Russia, Venezuela, Syria to name a few. And then there is the weather, whether you like it or not expect the volatility to continue. Certain things can’t be explained by simple logic. Take for example BITCOIN heading to outer space at warp speed, perhaps being propelled by the hot air coming out of Washington.

The last time we looked, a couple of seconds ago, BITCOIN was flying higher than an Elon Musk SpaceX rocket.  At 4750.92 US Dollars we fear for those who hold it. Gravitational effects based on Issac Newton’s law of physics will eventually win out. But there is more to the story for those who don’t want to go mining; for example you can gamble with BITCOINS by buying the cryptocurrency alter ego GBTC. Many crptohumans have done just that.

For those who piled in on Thursday at the peak, suddenly were awakened by the sound of a vacuum going puf. And when this happens it can be devastating to life and dreams. Life to those who jump from the stratosphere and dreams to those who had their balloon deflated.

Bitcoin Investment Trust (GBTC)

 800.00-205.00 (-20.40%)
At close: September 1 3:57PM EDT
That brings us to GOLD. There is one thing about something physical, you can touch it, hold it, smell it. This also goes for humans too. Like BITCOIN, sexbots will never take the place of a loving woman and BITCOIN will never take the place of GOLD. The past predictions by the pundits have been wrong again. GOLD is on the rise, nothing compared to the parabolic rise of the BITCOIN, a phenomenem rivaling the great TULIP crazed mania of Holland five centuries ago.
The United States debt bomb, 20 trillion heading for 20 googles now that the Federal Reserve is ramping up the presses faster than Superman leaping buildings in a single bound. Why would they continue to print fiat money? Well, they have a problem; inflation is not rising faster than they wish. Wages are stagnant and the FEDS are in a tizzy why wage growth is not following the academic script. Some unknown force is with us, but what? Bring in Dr. Henry Lee for the forensics.

During the past six months one talking head after another has tried to talk down gold. But to the skeptics like us, we know that the United States dollar is not worth the paper it is printed on.  The likes of Goldman-Sachs (with a name like Goldman, why would they be bearish on Gold – very confusing to us) forecast a $1000 ounce of gold, others saw an implosion to $500, not so fast says the market. When Goldman speaks people listen or do they?  Lately gold has mounted a furious rally, rising above $1300.

To the naysayers out there, look what is happening in the world; in one word it is defined as TURMOIL. Globally people have lost confidence in their leaders. The way we look at, the world is on edge waiting for the next suicide bomber.  Could it be the BOYman in North Korea who can’t keep a missile in his pants who unzips one or two in a massive display of egomania?

The higher gold goes the worse it will be for the status quo. Remember, the Central Banks were set up by politicians to print money, ostensibly to feed their minions, this became the loop for reelection; it continues today. Once the printing stops, the true revolution begins, the free-loaders will no longer be in control, but the men/women of conscience and integrity will once again rule. Work will be rewarded not the other way around. Bankers be damned.

See below for the previous reprint from an October 2014 blog.

October 2014 Blog Post:

WHAT THE GOLD BRICKS WON’T TELL YOU

Through out history gold has been the medium of exchange; the store of value. Paper money displaced gold early in the 17th century; first used in Massachusetts then by the states during the Civil War. The banking industry’s genesis was initiated early on by warehouses which issued a receipt – thus a warehouse receipt– entitling the holder to redeem the receipt for the said amount of gold as defined in the receipt. As the industry blossomed it became apparent that the holders of receipts very rarely requested the physical gold; they only transferred the receipts. Thus the warehouses evolved into lenders realizing that a call for 100 percent of the gold at any one time was not a probability.

The 18th through the 21st century became the glory days of gold. Banks became behemoths lending more gold than they had in inventory. When a run on a bank occurred, which it ultimately did, culminating in bankruptcy and ruin. As the United States entered the 20th century as the world’s big money player the world treated the dollar as if it was good as gold.

This was true up until 1971.  Not dismissing the illegal taking of individuals gold by FDR back in 1933 (see executive order 6102).  The world was on the path of becoming a dynamic and risky adventure from 1971 on; the dollar was no longer convertible to gold, the dream of El Dorado became a reality by inventing paper gold on a scale never seen before. The physical gold window had closed, the dollar pyramid scheme began.  Hence the printing of paper money on a scale never seen before. Economies were on financial cocaine, a euphoria that is still manifested by governments gone wild. More printing enabled the exalted to exert control of economies, countries and world politics. But good times don’t last forever.

Entering the 21st century has proved that the dollar panacea has a long reach, but things can changes in a quant moment. Across the globe one country after another has defaulted; Greece and Argentina head the list. Is it possible that the United States is next?  A probability that cannot be counted out. What brings us to that conclusion is the loss of faith in the United States. We are no longer control world events – Obama saw to it.

Future obligations are the tail wagging the dog and that is about to become the albatross under our neck for the next two decades. Obligations are coming due. And the question remains, who will be responsible to pay them. for sure you can’t count on today’s youth to hand over their hard earned cash.  17 Trillion and counting (now 20 trillion) is a gargantuan number, that is just debt, counting social security, medicate obligations and interest on the debt we are looking at a google type number closer to 100 trillion. $100,000,000,0000,0000.

Another relevant question to ask a politician of the goldbrick variety is:  Will we ever be able to pay back the money we owe?   Don’t expect a straight answer.  The next question is, Will gold provide a solution to political largess? IT ALWAYS HAS

GO FOR THE GOLD

The Olympics are in full swing, participants are reaching new heights with the expectation of bringing home the gold; if not gold silver waits in the wings. The real action is not in Rio, but in the gold pits of London and Chicago.  Gold medals are actually made of silver and gold plated with 6 grams of pure gold out of a total weight of 500 grams. The last time the medal was 100% gold was in 1912.

Effectively the medal is a counterfeit. But nothing is new here, the United States has been printing fiat money for years. However, the world is catching on with this ruse; in the not too distant future the Ponzi scheme will be over. Gold will again rule the roost, paper currency will only be worth the paper it is printed on. In case Americans have noticed the price of gold and silver has soared during the past year reminding us of a pole vaulter whose pole sprung him/her over the bar in whip like fashion to take the gold.

Throughout history gold has been the medium of exchange; the store of value. Paper money displaced gold early in the 17th century; first used in Massachusetts then by the states during the Civil War. The banking industry’s genesis was initiated early on by warehouses which issued a receipt – thus a warehouse receipt– entitling the holder to redeem the receipt for the said amount of gold as defined in the receipt. As the industry blossomed it became apparent that the holders of receipts very rarely requested the physical gold; they only transferred the receipts. Thus the warehouses evolved into lenders realizing that a call for 100 percent of the gold at any one time was not a probability.

The 18th through the 21st century became the glory days of gold. Banks became behemoths lending more gold than they had in inventory. When a run on a bank occurred, which it ultimately did, culminating in bankruptcy and ruin. As the United States entered the 20th century as the world’s big money player the world treated the dollar as if it was good as gold.

This was true up until 1971.  Not dismissing the illegal taking of individuals gold by FDR back in 1933 (see executive order 6102).  The world was on the path of becoming a dynamic and risky adventure from 1971 on; the dollar was no longer convertible to gold, the dream of El Dorado became a reality by inventing paper gold on a scale never seen before. The physical gold window had closed, the dollar pyramid scheme began.  Hence the printing of paper money on a scale never seen before. Economies were on financial cocaine, a euphoria that is still manifested by governments gone wild. More printing enabled the exalted to exert control of economies, countries and world politics. But good times don’t last forever.

Entering the 21st century has proved that the dollar panacea has a long reach, but things can changes in a quant moment. Across the globe one country after another has defaulted; Greece and Argentina head the list. Is it possible that the United States is next?  A probability that cannot be counted out. What brings us to that conclusion is the loss of faith in the United States. We are no longer control world events – Obama saw to it.

Future obligations are the tail wagging the dog and that is about to become the albatross under our neck for the next two decades. Obligations are coming due. And the question remains, who will be responsible to pay them. for sure you can’t count on today’s youth to hand over their hard earned cash.   17 Trillion and counting is a gargantua number, that is just debt, counting social security, medicate obligations and interest on the debt we are looking at a google type number closer to 100 trillion. $100,000,000,0000,0000.

Another relevant question to ask a politician of the goldbrick variety is:  Will we ever be able to pay back the money we owe?   Don’t expect a straight answer.  The next question is, Will gold provide a solution to political largesse?

WORLDWIDE CURRENCY COLLAPSE LOOMS – CIVIL UNREST FOLLOWS

We are now in the beginning stages of a worldwide currency collapse. The end of the Keynesian experiment is near, coming to a conclusion in a massive implosion; a black hole that will suck the life blood out of countries, states and cities; a worldwide default. This will inevitably result in civil war, city destruction and country conflict. Bringing an end to the calamity will all but be impossible.

Civil servants will not be paid, thus they will join the billions of denizens whose only thought is TO destroy. Parasites feasting on the public dole, rampaging cities in a violent rage. Gun fire by National Guards not enough to quell the insurrection. Private citizens will have to take the law into their own hands. Military armories emptied of weapons in the hands of “We the People” will pick off one by one the parasitic leach. Take charge of your life now, be prepared, build your own arsenal because when the inner city erupts the burbs will be next. Under these circumstances only a personal weapon will save you and your family. Starvation, lack of food, water and energy will drive the mob, taking no prisoners as they swarm and pillage whatever they can.

Interest rates have gone negative – deposit a million and one year later they give you back $990,000. You say it ain’t so, try Japan, try Germany. The world is one more black swan event from the mother of all fiat currency tsunamis spreading to state destruction. There is no stopping the calamity and financial devastation of paper money to come. The only insurance against this tide of wallpaper printing is GOLD. It always has been and always will, it cannot be printed, it lasts for ever and is universally accepted.

With Brexit, the once almighty pound collapsed against the dollar and gold which surged ahead and will continue to mount a parabolic rise to heights not unseen since 1980. The implosion along with the monetary collapse of nations will drive many of the progressives to suicide ahead of violent mobs. The hangman’s noose will be waiting to string up the traitors. Like hanging fish out to dry, these do-gooders will finally get the justice they deserve.

Happy Independence Day America, celebrate what may be the last happy July 4th for years to come. Tyranny is not beyond the realm of possibility. The United States is closer to REXIT. After seeing Britain BREXIT we are under no illusion that it can’t happen here. IMG_6683

BREXIT WINS – BRITISH TO TAKE THEIR COUNTRY BACK – THE BLACK SWAN HAS ARRIVED

THE WILL OF THE PEOPLE PREVAILS

Auf Wiedersehen

EXPECT TURMOIL ON WALL STREET TOMORROW!

BBC forecast: UK votes to leave the EU – THE UNION JACK TO FLY PROUDLY AGAIN

The Union Flag: a red cross over combined red and white saltires, all with white borders, over a dark blue background.

With more than two thirds of ballots now counted, the BBC forecasts that UK has voted to leave the European Union by 52% to 48%. This is a Great Day for Great Britain. Taking back their country and securing their future from the progressive socialists who have dictated how other countries are to behave. The New World Order has suffered a might blow here indeed. 

‘Independence day’

UKIP leader Nigel Farage – who has campaigned for the past 20 years for Britain to leave the EU – told supporters “this will be a victory for ordinary people, for decent people”.

Mr Farage – who predicted a Remain win at the start of the night after polls suggested that would happen – said Thursday, 23 June would “go down in history as our independence day”.

Bringing to the attention of all Patriots that the English Christian voted overwhelmingly for “LEAVE.” Muslim areas went “REMAIN” by a wide margin. Thus the final vote was close, deducting the Muslim count manifested the dissatisfaction with most Britians that their country was being taken over by a political agenda foreign to democracy. Just last week, the Muslim Mayor of London, banned all advertising showing women in bikinis.

It was the start of the “Islamification” of London and said the mayor was adopting this policy because of his religious values. Sharene Kirchler said: “What happened to free speech? What happened to not being offended by everything. Why is it a matter of state to decide when something so subjective is to be allowed or not?”

THIS WAS A BIG LOSS FOR OBAMA WHO BACKED THE REMAIN CAMPAIGN. What is bad for Obama is good for America.

CLICK HERE FOR THE LATEST. The “LEAVE” vote bodes well for Trump in November. As usual the polls failed to see this decisive win. 

What is a BLACK SWAN?

Black Swan, Cygnus Atratus, Waterbird

The black swan theory or theory of black swan events is a metaphor that describes an event that comes as a surprise, has a major effect, and is often inappropriately rationalized after the fact with the benefit of hindsight. The term is based on an ancient saying which presumed black swans did not exist, but the saying was rewritten after black swans were discovered in the wild.

The theory was developed by Nassim Nicholas Taleb.

The English have rejected socialism, have reject dilution, have reject Islamization. Great Britain will gain back their Independence from the “do gooders” who have destroyed Europe. This is a message to all of them. “Don’t xxxx with us.” We are no longer subservient to those who want to destroy the world.

What is the BREXIT? Why are people so adamant about Great Britain leaving the E.U. Do countries have to bow their sovereignty to a One World Order? taking orders from the liberal progressive do-gooders like Merkel who are tempting to erase the Aryan shibboleth. Is it tantamount to surrender? A Waterloo in the 21st century?

Mark our words, “BIG BEN WILL RISE AGAIN” despite the pounding they will receive from the E.U. and Obama. Let the games begin. Europe will once again see the true path to individuality where political correctness does not play a part. Lying politicians with no constituencies are the existential threat to Europe and the free world. Englishmen and women have recognized this growing ursurpation of their freedoms. Congratulations to them for they have seen the light. 

Then there is immigration. “There’s this feeling that we’re losing our cultural identity and our national identity,” Mr. Klaas said, “at the same time that there’s this influx of people who are willing to work for low wages.”

GO FOR THE GOLD

Gold has exploded, up $75, sliver shining too.. The pundits can’t nor are they willing to understand the attraction to gold;  steadfast has it been in an island of global turmoil. Uncertain on what will happen have caused many to insure themselves with the metal.

What have the naysayers missed? One wonders why they even mention gold at all. And the volcanic rise of Trump, stirring the debate, now the Yay Vote to leave the EU puts the politicians on notice. Their ways are criminal in many respects; the time has come to give them the heave ho. The pundits failed to see the forest from the trees. teapartylogored

The boxes of tea in our logo have names on them, Democrats, The Fed, Public Unions, Big Government and entitlements. Yes, Americans are FED UP too with do good politicians who only care about getting reelected.

We tell you what, America and the world is in turmoil. The socialists thugs running the paper printing scam are now worried about the next three years, we would not be surprised if some of them commit suicide. They are desperate to find a solution when none other than gold exists. They have dug their own grave and now will reap the benefit of disastrous monetary policies over the past 45 years.

February Blog Entry:

PAPER TIGERS – IN GOLD WE TRUST –

During the past six months we have tried to educate the sceptics that the United States dollar is not worth the paper it is printed on.  The likes of Goldman-Sachs (with a name like Goldman, why would they be bearish on Gold – very confusing to us) forecast a $1000 ounce of gold, others saw an implosion to $500, not so fast says the market. When Goldman speaks people listen or do they? Today gold mounted a robust rally closing over $50 higher as it continues to close in on $1250 per ounce. In the last 30 days gold was as good as gold rising over $150.

To the naysayers out there, look what is happening in the world; in one word it is defined as TURMOIL. Globally people have lost confidence in their leaders – why do you thing Trump is doing so well and on the other side, Hillary the Liar, her momentum stopped dead in New Hampshire. Oh don’t worry she says, we are going South and the FBI, me worry. A little kick-ass by that Sanders fellow in the Palmetto State may be in the cards. Talking about the cards, Hillary then heads for Nevada – Ok Harry Reid is going to be shoveling the manure for Hillary, but what good will that do. Sanders may have a trick or two up his sleeve.

Anyway you look at it, oil tanking, zero interest rates and in some cases negative rates, one would think boom times are here. The average family is saving at least $1000 a year on gas, plus oil and natural gas to heat the abode. Doesn’t seem they are too anxious to spend the savings though. Europe on edge, suicide bombers perfecting their craft, Syria going down in flames. Latin America’s bargain with the devil is not working out so well; just ask the people in Venezuela. And we forgot to mention the dictator in North Korea, shooting his mouth off again. Guess he figures that do to his lack of manhood he would shoot off a missile. Lot of good that did.

Keep your hopes up, things can only get better.  The higher gold goes the worse it will be for the status quo. Remember, the Central Banks were set up by politicians to print money ostensibly to feed their minions, this became the loop for reelection; it continues today. Once the printing stops, the true revolution begins, the free-loaders will no longer be in control, but the men/women of conscince and integrity will once again rule. Work will be rewarded not the other way around.

2014 Blog Post:

REPEAT OF SEPTEMBER 2015 BLOG – HYPERINFLATION IN THE WINGS – IN GOLD WE TRUST

GO FOR THE GOLD

Gold is once again on the rise. The pundits can’t nor are they willing to understand the attraction to gold;  steadfast has it been in an island of global turmoil. Uncertain on what will happen have caused many to insure themselves with the metal.

What have the naysayers missed? One wonders why they even mention gold at all. And the volcanic rise of Trump, Sanders and Carson, not to mention Carly Fiorina who would have thought. The pundits failed to miss their rise too. Americans are fed up with the Boehners, McConnells, Reids, Pelosis, Clintons and Bushes of the world. They are plain old ready for a revolution. teapartylogoredThe boxes of tea in our logo have names on them, Democrats, The Fed, Public Unions, Big Government and entitlements. Yes, Americans are FED UP with do good politicians who only care about getting reelected.

We tell you what, America and the world is in turmoil. The socialists thugs running the paper printing scam are now worried about the next three years, we would not be surprised if some of them commit suicide. They are desperate to find a solution when none except gold exists. They have dug their own grave and now will reap the benefit of disastrous monetary policies over the past 45 years.

February Blog Entry:

PAPER TIGERS – IN GOLD WE TRUST –

During the past six months we have tried to educate the sceptics that the United States dollar is not worth the paper it is printed on.  The likes of Goldman-Sachs (with a name like Goldman, why would they be bearish on Gold – very confusing to us) forecast a $1000 ounce of gold, others saw an implosion to $500, not so fast says the market. When Goldman speaks people listen or do they? Today gold mounted a robust rally closing over $50 higher as it continues to close in on $1250 per ounce. In the last 30 days gold was as good as gold rising over $150.

To the naysayers out there, look what is happening in the world; in one word it is defined as TURMOIL. Globally people have lost confidence in their leaders – why do you thing Trump is doing so well and on the other side, Hillary the Liar, her momentum stopped dead in New Hampshire. Oh don’t worry she says, we are going South and the FBI, me worry. A little kick-ass by that Sanders fellow in the Palmetto State may be in the cards. Talking about the cards, Hillary then heads for Nevada – Ok Harry Reid is going to be shoveling the manure for Hillary, but what good will that do. Sanders may have a trick or two up his sleeve.

Anyway you look at it, oil tanking, zero interest rates and in some cases negative rates, one would think boom times are here. The average family is saving at least $1000 a year on gas, plus oil and natural gas to heat the abode. Doesn’t seem they are too anxious to spend the savings though. Europe on edge, suicide bombers perfecting their craft, Syria going down in flames. Latin America’s bargain with the devil is not working out so well; just ask the people in Venezuela. And we forgot to mention the dictator in North Korea, shooting his mouth off again. Guess he figures that do to his lack of manhood he would shoot off a missile. Lot of good that did.

Keep your hopes up, things can only get better.  The higher gold goes the worse it will be for the status quo. Remember, the Central Banks were set up by politicians to print money ostensibly to feed their minions, this became the loop for reelection; it continues today. Once the printing stops, the true revolution begins, the free-loaders will no longer be in control, but the men/women of conscince and integrity will once again rule. Work will be rewarded not the other way around.

2014 Blog Post:

GREATEST BANK HEIST IN HISTORY

Con artists, scams, racketeers, gangsters; Madoff, Ponzi, Lustig ( he tried to sell the Eiffel Tower), Gregor McGregor who created a fake country, George Parker who sold the Brooklyn Bridge and Madison Square Garden and the Statue of Liberty to boot, to pull a stunt like that you had to be good. However, compared to the greatest heist in history the aforementioned are only petty thieves.

The Mother of all Heists is the ongoing con perpetrated by the Federal Reserve Bank of the United States. In collusion with the Secretary of the Treasury and President of the United States the Federal Reserve they looted the pockets of frugal Americans, retirees, those with IRA’s to the benefit of the United States government, Big Banks and large corporations. How did they do this?

When the crash of 2008-2009 occurred the Federal Reserve came to the rescue, dropping interest rates at a precipitous pace to the point that they are almost negative. The effect being that those who save for the future were denied market rate interest on their savings. This injured millions of Americans to the point that to live they had to drain their savings due to no interest being paid on it.

For example, a retiree expecting a nominal 6% return on $250,000 or $15,000 per year receives zero interest. This forces him/her to withdraw the $15,000 from the principal; if this keeps up for another half dozen years the principal will be down to $70,000. Basically the government stole $180,000 from this individual. The banks, the corporations and the government were the beneficiaries.  Multiply this by millions.

Over the course of a dozen years this HEIST numbers in the TRILLIONS. When history is written, effectively it already has, this SOCIALIST EXPERIMENT will go down as the greatest Ponzi Scheme in history, a Grand Theft like no other the world has ever seen. 

One reason the United States Treasury has a gold horde is to give the impression that our money is backed by something other wishful thinking.  “The Full Faith and Credit of the U.S. Government” clause is nowhere to be found on new bills.  Examine the $100 bill, where does it mention that.  Worthless paper with some euphemistic promise to pay in the future is all we hold. The joke is on us.

Oh, we are told that Gold is worthless, then why does the government hold it? Ponder that for a while.

“I CALCULATE THE FUTURE” GOLD RISES FROM THE ASHES

Click here for the video  “The final countdown”

September 2015 post:

GO FOR THE GOLD

Gold is once again on the rise. The pundits can’t nor are they willing to understand the attraction to gold;  steadfast has it been in an island global turmoil. Uncertain on what will happen have caused many to insure themselves with the metal.

What have the naysayers missed? One wonders why they even mention gold at all. And the volcanic rise of Trump, Sanders and Carson, not to mention Carly Fiorina who would have thought. The pundits failed to miss their rise too. Americans are fed up with the Boehners, McConnells, Reids, Pelosis of the world. They are plain old ready for a revolution. teapartylogoredThe boxes of tea in our logo have names on them, Democrats, The Fed, Public Unions, Big Government and entitlements. Yes, Americans are FED UP with do good politicians who only care about getting reelected.

We tell you what, America and the world is in turmoil. The socialists thugs running the paper printing scam are now worried about the next three years, we would not be surprised if some of them commit suicide. They are desperate to find a solution when none accept gold exists. They have dug their own grave and now will reap the benefit of disastrous monetary policies over the past 45 years.

February Blog Entry:

PAPER TIGERS – IN GOLD WE TRUST –

During the past six months we have tried to educate the sceptics that the United States dollar is not worth the paper it is printed on.  The likes of Goldman-Sachs (with a name like Goldman, why would they be bearish on Gold – very confusing to us) forecast a $1000 ounce of gold, others saw an implosion to $500, not so fast says the market. When Goldman speaks people listen or do they? Today gold mounted a robust rally closing over $50 higher as it continues to close in on $1250 per ounce. In the last 30 days gold was as good as gold rising over $150.

To the naysayers out there, look what is happening in the world; in one word it is defined as TURMOIL. Globally people have lost confidence in their leaders – why do you thing Trump is doing so well and on the other side, Hillary the Liar, her momentum stopped dead in New Hampshire. Oh don’t worry she says, we are going South and the FBI, me worry. A little kick-ass by that Sanders fellow in the Palmetto State may be in the cards. Talking about the cards, Hillary then heads for Nevada – Ok Harry Reid is going to be shoveling the manure for Hillary, but what good will that do. Sanders may have a trick or two up his sleeve.

Anyway you look at it, oil tanking, zero interest rates and in some cases negative rates, one would think boom times are here. The average family is saving at least $1000 a year on gas, plus oil and natural gas to heat the abode. Doesn’t seem they are too anxious to spend the savings though. Europe on edge, suicide bombers perfecting their craft, Syria going down in flames. Latin America’s bargain with the devil is not working out so well; just ask the people in Venezuela. And we forgot to mention the dictator in North Korea, shooting his mouth off again. Guess he figures that do to his lack of manhood he would shoot off a missile. Lot of good that did.

Keep your hopes up, things can only get better.  The higher gold goes the worse it will be for the status quo. Remember, the Central Banks were set up by politicians to print money ostensibly to feed their minions, this became the loop for reelection; it continues today. Once the printing stops, the true revolution begins, the free-loaders will no longer be in control, but the men/women of conscince and integrity will once again rule. Work will be rewarded not the other way around.

2014 Blog Post:

PAPER TIGERS – IN GOLD WE TRUST –

During the past six months we have tried to educate the sceptics that the United States dollar is not worth the paper it is printed on.  The likes of Goldman-Sachs (with a name like Goldman, why would they be bearish on Gold – very confusing to us) forecast a $1000 ounce of gold, others saw an implosion to $500, not so fast says the market. When Goldman speaks people listen or do they? Today gold mounted a robust rally closing over $50 higher as it continues to close in on $1250 per ounce. In the last 30 days gold was as good as gold rising over $150.

To the naysayers out there, look what is happening in the world; in one word it is defined as TURMOIL. Globally people have lost confidence in their leaders – why do you thing Trump is doing so well and on the other side, Hillary the Liar, her momentum stopped dead in New Hampshire. Oh don’t worry she says, we are going South and the FBI, me worry. A little kick-ass by that Sanders fellow in the Palmetto State may be in the cards. Talking about the cards, Hillary then heads for Nevada – Ok Harry Reid is going to be shoveling the manure for Hillary, but what good will that do. Sanders may have a trick or two up his sleeve.

Anyway you look at it, oil tanking, zero interest rates and in some cases negative rates, one would think boom times are here. The average family is saving at least $1000 a year on gas, plus oil and natural gas to heat the abode. Doesn’t seem they are too anxious to spend the savings though. Europe on edge, suicide bombers perfecting their craft, Syria going down in flames. Latin America’s bargain with the devil is not working out so well; just ask the people in Venezuela. And we forgot to mention the dictator in North Korea, shooting his mouth off again. Guess he figures that do to his lack of manhood he would shoot off a missile. Lot of good that did.

Keep your hopes up, things can only get better.  The higher gold goes the worse it will be for the status quo. Remember, the Central Banks were set up by politicians to print money ostensibly to feed their minions, this became the loop for reelection; it continues today. Once the printing stops, the true revolution begins, the free-loaders will no longer be in control, but the men/women of conscince and integrity will once again rule. Work will be rewarded not the other way around.

JAPAN INC. GOES NEGATIVE

Remember Japan, once the envy of the capitalistic world, today a bag of bones shrinking faster than the Fukushima reactor. Image result for fukushima daiichiWhat happened to their state controlled, keiretsu cabals is the question; the economists don’t have an answer, but it is plain as the light of day; they hobbled, like a cripple from the dragon.

After the implosion of their stock market twenty plus years ago the government stepped in large to alleviate the pain, dropping interest rates in a vain attempt to spur the economy; sounds like our dim-wits here took the same approach. However, things are so bad in Japan right now, the people are afraid to spend their money.

This has caused the government to step into the fray once again. This time they have gone over board with the Mother of all policies. The Bank of Japan (BOJ) is charging banks who make deposits in the BOJ, interest. In other words banks that don’t loan out money will be penalized by paying the BOJ a fee (interest) for keeping or depositing their surplus funds in the bank. This is a way of telling the banks to loan out money to anyone who needs it, good credit or no credit.

Does anyone imagine what a policy like that would cause in the United States. Say you had a $100,000 in your bank account and the government forced the bank holding your funds to charge you, say 5% a year, for keeping the money in the bank. We know what will happen then, the deposit will be withdrawn and the depositor would convert the paper into GOLD.

You say it can’t happen here! Wait, we are living in a funny, fluid and ….ed up world. Thank you economist, thank you Obama, thank you Bernake, thank you Yellin. Thank you dumb politicians who have stolen the wealth of the middle class. You are personas non-gratae. THE REVOLUTION IS AT HAND.

GOVERNMENTS AFRAID OF GOLD? YOU BETCHA!

Since 1971 when Nixon closed the gold window, governments have been free to print fiat money and spend at will. Why not, no one will stop them. Secondly this keeps the politicians in power. Without handouts to one constituency or another no one would vote for an incumbent.  What is confusing to us is why do governments bring up the gold subject so often? This does not make sense. This action is similar to digging up an old body looking at for a moment or two then covering it over until next time.

The main reason governments bring up the dead is because they fear them and so it is with gold. Suppose gold never existed, what would prevent governments for printing as much wallpaper as their pretty heart desires? Nada! Like a governor on a car, the shadow of gold keeps the thief within certain parameters.  Gold is the invisible hand restraining governments from going off the deep end as did Weimar in the 1920’s.   Picture of a 5 trillion dollar note.

When government loses their credibility, a REVOLUTION is ready to fill the gap.

The old saying went like this, “when the United States sneezes, the world catches a cold.” The world is now topsy turvy, today the world looks at China not the United States for the sign of a sneeze. What appears to be the onset of more than a whiff of a sneeze in China has caught the attention of the developed and undeveloped world. First sign of problems were the ghost cities, then the unrestrained growth forecasts then went thud, then came the everyday speculators who went whole hog buying stocks in a frenzy. Then came the recent missed economic forecasts which sent up a red flag. Then out of nowhere the China crash, stocks imploded in a flash. Instead of letting the free market take care of the problem, the government decided to be the purchaser of last resort. But they were not through, China saw signs of influenza in the distance and they reacted by debasing their currency 2%. This was their Nixon moment. This has caused turmoil in the Asia currency markets. Others soon followed not wanting to miss the sampan. 

Back to gold for a moment. With the world economy in the tank, oil sliding to new lows, commodities rusting in warehouses, inflation negative in many countries; in fact some banks charge their customers for making a deposit – give them $100 and they will give you $99 a year later. Wow, that is a new twist.  With all of that being said isn’t it logical to see gold at $20 or $35 like it was in 1933? But there must be something buried out yonder, it is the call of the wild that implores the initiated to take hold, something is up while the world economies are going down.

Something certainly is up. Currencies being debased in a frenzy. China, last week spent $500 billion. With reserves now at $3.5 billion, if this continues in another seven weeks they will be out of cash. And our old friend the Chavismo state of Venezuela, we heard that they are on the verge of economic collapse, riots breaking out in city after city. The calls for Brazilian President Rousseff to quit are becoming louder by the day. And all sorts of stuff, like bombs exploding in country after country; makes one wonder what is will happen next. Wack a mole world keeps us on edge, particularly with many governments in the hands of liars, ours included.  Stay tuned for more elephants dropping by. No wonder gold is still in the $1100 range.

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