4 Comments

1. 

   arjan on February 21, 2012 at 8:56 am

   I am confused about something: if the oil price goes up due to war, that will create more demand for oil dollars, which will be good for the printers and enforcers of the dollar.

   How can that be bad for this financial system, isn’t war what they really want, while they pretend they have tried every other option.

   I do see gold going up as well, but I also see a great opportunity for tptb to buy more time.

   • 

     Andrew Hoffman on February 21, 2012 at 9:31 am

     Arjan,

     TPTB can spin things anyway they like, such as saying war means increased demand for bullets and bombs, which is good for the economy.

     Death, exploding military spending, and rocketing oil prices (not to mention gold) are bad for EVERYONE except oil companies and military contractors, and perhaps Hitler-like politicians that aim to reside over chaos.

     The econoomy will COLLAPSE if war with Iran starts, and perhaps the nation itself.

     Andy

2. 

   Ed Hunter on February 22, 2012 at 11:31 am

   Hi Andy, one thing that keeps sticking in my craw about your confiscation reasoning is how you keep saying (quite correctly btw) that “there is no practical reason” for the “US Govt” to do so.

   My good friend, I’d simply ask you what “practical” has (or will have) do with it? If it is done, I can assure you it will not be done for “practical” reasons.

   Andy, ask yourself for what “practical” reason a huge new bureaucracy like TSA costing billions we can ill afford was created in the wake of 9/11? Any “practical” ones?

   Is it practical to search the colostomy bags of 90 year old grannies looking for a terrorist act in the making? To have mothers drink some of the breast milk they just expressed to prove it’s not nitroglycerine? To have attractive young women go thru the scanner several times while all the goons gather around the monitor?

   All of this tyrannical crap has absolutely nothing to do with “practical”. And did that stop ’em? Just look how big they’ve done all of it. With our money. This should be a lesson to all of us. In the same way, PM confiscation, if and when it ever takes place, will NOT be for practical reasons either.

   No, the reason the “govt” is doing these things are the hoped-for reactions in ordinary people that range from fear and intimidation to conditioning. Conditioning people to accept the loss of their individual rights and liberties. Conditioning what once were US citizens to expect and accept the ever more intrusive measures and methods now used on them.

   Look at how much money they’ve spent just to feel people up and steal their ipods… what will they do when they decide one of those liberties we no longer possess includes the freedom to own Real Money?

   Practical clearly doesn’t count here.

3. 

   Andrew Hoffman on February 22, 2012 at 1:50 pm

   Ed,

   You are 100% correct about everything you say, except in implying it WON’T happen because it is not practical.

   I have simply said that I don’t worry about it (and I worry about A LOT), as by the time something so silly as a confiscation decree would be debated (or more likely ORDERED with no Congressional debate), the dollar would likely already have CRASHED and gold and silver soared to unimaginable levels.

   At that point, who in their right mind would rather have worthless dollars versus priceless metals?

   I expect the “impracticability” of the U.S. government to go off the charts as the economy collapses, perhaps later this year when we inevitably start a war with Iran.

   Once the government turns into a regime, all bets will be off, and it will be every many for himself.

   Andy