Let me get this straight, the Fed announced QE 4EVA and the bank of Japan gets a mandate to print other countless trillions (because their people voted for it) and Gold goes down? Not only does it go “down,” we have had 27 out of 29 trading days where the COMEX opens and an immediate “flush” of selling hits the market… Presumably because of “tax selling,” “raising liquidity,” “risk on, risk off,” “fear” or whatever else mainstream media wants to shove down your throats as an explanation. In fact, this is nothing more than a planned and executed operation to show you one thing and one thing only.
Paper… good and Gold… bad. Period, end of story. The central banks absolutely must scare you out of Gold to “show” you that when you are scared, Gold is NOT the place to hide as a financial refugee. They must “show” you that their product that costs virtually zero to produce… has value. They must “show” you that their product is THE place to hide. They must “show” you through “proof” that black is white, up is down and that wrong is right.
THIS is the last piece of chewing gum holding the entire system together. The only way for the charade to continue is to keep the “confidence” in freely printed and created paper. This is akin to “badmouthing” your competition. Which works… for a spell until the real race begins. This is like lining up Secretariat and a mule at the starting line and stating that Secretariat has a broken leg and is colicking through photo shopped pictures. All the while telling you “go ahead and place your bets.” Even though you see the super horse in his stall snorting fire on a cold morning, bucking and rearing while the mares walk by… you are expected to believe that he will fall down and die at the starting gate! He will not.
The entire last month has been for your “consumption.” The entire last month has been a demonstration to get you off of the train before it leaves the station. A “reset” is carved in stone, they know it and you know it. “They” want as few investors “in place” before the reset as is possible because they want as many “serfs” as possible to command in the upcoming system. Once the mark up occurs, Gold will no longer be within the realm of purchase for the average person. It will be priced where ONLY institutions will be able to afford to purchase any.
This “mark up” of Gold is THE only way to recapitalize the central banks and thus the banking system. It was so back in the 1930’s and is so today. However, the insolvency and necessity to do so today is multiples exponentially than what it was in the 1930’s. The big difference today is that very few have any Gold whereas back then almost everyone had Gold because it was coin, it was currency and the common man had it. Now, very few have any and the the ones who do must be scared into getting rid of it. DO NOT allow yourself to be fooled into giving up THE only insurance that has the ability to protect your family from debt slavery and hunger!
The current scenario where Gold is sold off in panicky fashion amidst the 2 largest central banks and their treasuries(debtors) announcing further gross debasement of their currencies could not have been scripted by a science fiction writer. There is no economist, banker or even 3rd grader that could have heard 2 months ago that the greatest “official” debasement and BANKRUPTCY in history could/would be announced and Gold react with daily sell offs. It was not possible and is not possible. What you are being offered here is a better “sale price” in relation to paper currencies than when you could have purchased Gold for $250 back in the year 2000. Know this and understand this because it is the truth.
I know that the above statement may sound “grandiose,” it is not. All you need to do is look at a chart of Gold in the Weimar experience or more recently Zimbabwe. When the house of cards comes down ANY Gold price is possible. This statement will be shown to be correct and the house of financial cards will come down unlike any before. Do not be scared by this current “operation,” your entire financial life depends on it right here and now!
If you look at the ratio of gold to silver in 500 BC it is 15 to 1. Today it is 55 to 1. think someone is rigging it (jpm) ?
rigging extrodinaire.
Bill. How do we get understanding to a much bigger stage? The economic collapse will be so devestating to such a large swath of population is difficult to comprehend. If only 2 percent are prepared as in trading their dollars for precious metals or minimizing debt or other “prepping” in other ways, you will be looking at most of your neighborhood, or co-workers as they absolutely are in state of shock at what has happened.
The pain to be inflicted, to advance the few, will be breathtaking. I only wish I could convince a few more to see what is taking place. I have done what I can, but most just agree with what you just said, and then go about their day as if it wasn’t even discussed.
Thanks for what you do.
I know the feeling as my own sister has seen how correct I’ve been over the years but still has not prepared. All you can do is try, try, try!
wow. had some success with immediate family, no sucess with extended, and very limited with friends and co-workers. the cognitive dissonance (not sure spelled correctly) is really surprising and alarming. would not have believed all these people I know so well would react in this manner with overwhelming evidence presented to them at a rate I carefully make sure is not excessive.
Thanks and Merry Christmas
Merry Christmas to you and yours. I understand the need to “slowly disseminate” information because if you give them the whole enchilada all at once their eyes will glaze over…and you will be an idiot. I worked as a retail broker and branch manager at a retail firm who started out recommending 5-10% of portfolios in metals. Needless to say, I did far less business than I could have by mentioning the 4 letter word Gold. You can only do what you can do and only try to help others. If they can grasp it and move, that’s great. If not…well…then you are a 3 eyed troll with a tin foil hat and most of the time they will be gracious and laugh their asses off after they leave. The truth is always the hardest to prove when it is most obvious. I’m done with “slow”, I “put it out there” and if they get it…great, if not, I tried. That is all you can do even though under no obligation to “save” anyone. What amazes me is that the “mainstream” investors cannot “get it” even when it is in your face obvious!
Bill,
I doubt that you can appreciate just how meaningful and even comforting your writings (as well as Andy’s and David’s daily blogs) are to so many of us.
Even during these times when PMs are constantly being raided, I never once doubt that I have made the right decision about protecting my fiancial future. And it is in large part due to the amazing information Miles Franklin puts out on a daily basis that I have taken the necessary steps to protect my immediate family. For the first time in my life I simply don’t worry about my financial future.
Kudos on this latest article – it is nothing short of brilliant and I know your writing is making a difference in many people’s lives and for that I commend you.
Happy holidays to you and your family!!
A
Thank you so much for such kind words! Happy Holidays to you and yours.