In the same category

Government Insanity Is Bullish For Gold & Silver

IMG Auteur
Published : February 10th, 2007
999 words - Reading time : 2 - 3 minutes
( 0 vote, 0/5 )
Print article
  Article Comments Comment this article Rating All Articles  
[titre article pour referencement]
0
Send
0
comment
Our Newsletter...
Category : Gold and Silver

Gold has shown an incredible amount of strength in the past few weeks and I believe that this is just the start of a huge run up in its price. Silver will show even more powerful gains than gold because it is a consumable industrial metal and it shares the same monetary properties of gold. Up to this point, gold and silver prices have been manipulated by central bankers as part of an overall effort to mask the severe economic problems of the United States. We can expect this manipulation to continue, but the central bankers are fighting a losing battle. Federal Reserve Notes before 1971 used to represent a receipt for the foreign redemption of gold. Since that point in time Federal Reserve Notes have represented a receipt for nothing. This means that the value of Federal Reserve Notes will at some point reach its true value which is zero. This fact alone makes gold and silver dramatically undervalued.

Ive written at length in my prior articles why the private Federal Reserve and their Federal Reserve Notes are a fraud. There is no question in my mind that the Federal Reserve is the biggest fraud in the history of the United States. The controllers of the Federal Reserve through their monetary creation powers have successfully bought and paid for both the Republican and Democrat parties, control what is put on mainstream media and wage unconstitutional wars around the globe. Central banks like the Federal Reserve put governments into debt and force draconian graduated income tax systems on the people as an effective way to destroy middle classes and centralize wealth. Central banks and graduated income tax systems are planks of the communist manifesto. These systems and the people who run them are evil.

When you consider how evil the Federal Reserve and associated central banks are, it comes as no surprise that we see all sorts of corruption and lies from U.S. government officials. After all, the Federal Reserve is the real owner of the U.S. government. I believe that the U.S. government is no longer a government run for the people and by the people but a government that has gone rogue and could care less what the people want. Even 15-20 years ago if 75% of people were against something the government wouldnt proceed implementing it. Now, the government simply doesnt care. Over 90% of people dont want a North American Union, yet its going forward. Over 75% of people want an end to the war in Iraq, yet we are seeing the Bush administration getting ready to invade Iran. The majority of the American people want our borders shutdown yet instead of sending troops to guard our borders, Bush sends more of them to Iraq. We have a government that is run by criminally insane people who dont give a care in the world about any one of us. The politicians we see are nothing more than actors who provide staged theatrics to hide the true agenda of the banking cartel. These facts alone should convince every investor to put at least a portion of their savings into precious metals.

Here is a fine example of insanity that I found scanning the news. This news blurb is from Reuters.

The Federal Reserve sent record payouts of more than $4 billion in cash to Baghdad on giant pallets aboard military planes shortly before the United States gave control back to Iraqis, lawmakers said Tuesday.

The money, which had been held by the United States, came from Iraqi oil exports, surplus dollars from the U.N.-run oil-for-food program and frozen assets belonging to the ousted Saddam Hussein regime. Bills weighing a total of 363 tons were loaded onto military aircraft in the largest cash shipments ever made by the Federal Reserve, said Rep. Henry Waxman, chairman of the House Committee on Oversight and Government Reform.

"Who in their right mind would send 363 tons of cash into a war zone? But that's exactly what our government did," the California Democrat said during a hearing reviewing possible waste, fraud and abuse of funds in Iraq.

It defies comprehension that the Federal Reserve would send 363 tons of cash into a war zone. Doing so ensures that there is no accountability as to where the cash goes and that especially holds true when you send cash into a place where there is war. Of course 363 tons of Federal Reserve Notes means nothing to the people who make them out of thin air, so I guess it didnt matter to them. One thing is for sure, there is a tremendous amount of corruption taking place within our government and it is spiraling out of control.

At this point, I believe that whatever the people want, the government will do the opposite. With this in mind we will see an invasion of Iran, we will see a North American Union, we will see a unified North American currency and we will see China continue to be used as an economic engine to destroy Americas middle class. Are any of these things good for the general stock market? I would say no.

This brings me back to gold and silver. I firmly believe that America is purposefully being destroyed economically in an effort for central bankers to consolidate wealth and destroy the middle class. Theyve already de-valued our currency by doubling the money supply since 2000 and it is going to get worse. The general public still has no idea what is going on in the precious metals markets which means we are still in a window of opportunity to buy. There are going to be many fortunes made in this long term precious metals bull market. We probably wont even begin to see real mainstream interest in the gold and silver market until we see gold reach $1,000 an ounce. This is as good of time as any to buy as we approach $700 gold and $15 silver.

 

10 February 2007

 

Data and Statistics for these countries : China | Iran | Iraq | All
Gold and Silver Prices for these countries : China | Iran | Iraq | All
<< Previous article
Rate : Average note :0 (0 vote)
>> Next article
Lee Rogers edits the Funny Money Report, whose object is to educate people as to the frauds of our dishonest paper money system and to provide information on stocks in the precious metal, base metal and assorted hard asset sectors
WebsiteSubscribe to his services
Comments closed
Latest comment posted for this article
Be the first to comment
Add your comment
Top articles
World PM Newsflow
ALL
GOLD
SILVER
PGM & DIAMONDS
OIL & GAS
OTHER METALS
Take advantage of rising gold stocks
  • Subscribe to our weekly mining market briefing.
  • Receive our research reports on junior mining companies
    with the strongest potential
  • Free service, your email is safe
  • Limited offer, register now !
Go to website.