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…

“ONE-PARTY FASCISM”

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.”

“EXPECTATIONS”

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…

The same goes for U.S. economic data; which is ALWAYS skewed to appear better than empirical evidence depicts.  According to “cooked” U.S. government GDP numbers – for example – economic growth has been positive more than 80% of the time since the turn of the century.  Forget that these figures grossly understate inflation (and thus, overstate real GDP); and instead, simply consider the “positive” readings – as the doting “MAINSTREAM” media invariably does…

Funny, the unemployment rate – perhaps more “cooked” than ANY government data – hasn’t co-operated with all this “growth”…

…which even the MSM is starting to realize…

Recovery in U.S. Lifting Profits, Not Adding Jobs

Irrespective, the clarion call of “green shoots of recovery” has been utilized no less than a dozen times to attack PAPER PMs over the past decade; in essence, ANY time a few “better than expected” economic reports – compromised or otherwise – are released…

Bernanke sees ‘green shoots‘ of US recovery – March 2009

…year…

Bernanke sees improving economy throughout 2010 – April 2010

…after year…

Bernanke expects economy to pick up in 2011 – June 2011

…after year…

‘Shoots’ spring eternal to Fed’s Bernanke’s – January 2012

This year is no different; as yet again we are told the economy is “recovering”…

Bernanke sees U.S. recovery, defends stimulus – February 2013

…contrary to the experience of REAL people…

…not to mention, ignoring near-term obstacles; like the “fiscal cliff” and debt ceiling…

…increased payroll taxes…

The payroll tax is causing sales declines – estimated at about two percentage points.  There are a lot of pressures on consumers, and I think it’s permanent.

-Fred DeLuca – Founder, Subway restaurants (world’s largest fast food chain)

…and – of course – OBAMACARE…

Small Business on Obamacare: No Reason to Hire or Invest

ALL these issues factor into the 12-year PM bull market.  However, in the big picture, “IT’S NOT THE ECONOMY, STUPID!”  . Instead, what really drives PM demand – aside from geopolitical uncertainty – is MONEY PRINTING.  Under a fiat regime, no limits on money printing exist; and in fact, CANNOT, as by definition, fiat currency regimes are PONZI SCHEMES.  Consequently, INFLATION explodes…

…DEBT goes parabolic…

…and REAL INTEREST RATES plunge…

Whether or not the economy “recovers” – or government-fudged data is “better than expected” – is immaterial.  Conversely, the factors REALLY driving the PM bull are accelerating; and will continue to do so until the END GAME of fiat collapse arrives.  Thus, IGNORE the sirens and shills trying convince you all’s well…

Warren Buffett says federal budget cuts aren’t too bad for economy

…and focus on the “PRIMARY TREND”; making sure you fully understand the concepts of “PAPER PAIN, and PHYSICAL PLEASURE”…

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.