J.S. Kim of SmartKnowledgeU has written some fine pieces in the past; but the piece below just may be his finest…
I have never met him, but followed his work over the years. His philosophy and beliefs closely mirror those of both myself and Miles Franklin; particularly, regarding the notion that only PHYSICAL gold and silver are REAL MONEY.
Don’t be deceived by the title; as it does not suggest a modern-day gold confiscation. Instead, he is referring to its “functional equivalent”; that is, government usage of what I would deem “MONEY PRINTING, MARKET MANIPULATION, and PROPAGANDA” to scare people from REAL MONEY – and into the depreciating fiat currency that forms their power base…
Yes, some real actions have been taken to slow PHYSICAL PM demand; such as recent increases in Indian gold import taxes. However, in a nation where citizens view their net worth in terms of PMs – rather than “rupees” – the “UNINTENDED (INDIAN) CONSEQUENCES” will eventually make the Indian government wish they had done nothing…
India’s love affair with gold – 60 Minutes – CBS News
After reading this, I believe you will be further empowered to do what’s right for your family’s financially futures; not what TPTB want you to do.
PROTECT YOURSELF, and do it NOW!
Call Miles Franklin at 800-822-8080, and talk to one of our brokers. Through industry-leading customer service and competitive pricing, we aim to EARN your business.
Thank you Andy-great article. There are more of us that get it than they think. We will prevail.