There is
NEVER a shortage of topics to discuss as the END GAME of the GLOBAL FINANCIAL
SYSTEM approaches. For a brief moment I didn’t have one lined up, but
when I reviewed yesterday’s fabulous Chris Martenson
article about gold manipulation, my “writer’s block”
quickly dissipated.
Chris
Martenson Explains How Gold Is Manipulated…
And Why That’s Okay
The title
of the article is what raised my dander – although it’s a bit
misleading, as at no point does he actually state gold manipulation is
acceptable. The closest comment I found was the following, indicating that
such suppression only strengthened his convictions in gold’s long term
path – a far cry from being “Okay” with it.
Instead of
being annoyed by the gold price suppression scheme, I take comfort in the
idea that suppression gives us a clear indication that our investment thesis
is shared by somebody with bottomless pockets — and I like paying lower
prices.
That said,
the reason the title bothered me is thus: GOLD MANIPULATION HAS DESTROYED THE
WORLD. Thus, when I saw the following headline from StockMarketWatch.com,
my head started spinning:
Why We
Love Gold and Silver Manipulation
Precious
metal manipulation has made mining companies undervalued,
the physical metal undervalued, and has given us more time to exchange our
fiat trash for real money.
No offense
to the writer – who means well– but the concept that the Cartel
helps you PROTECT YOURSELF is fallacious. I don’t care what one’s
business is – banker or baker, real estate broker or mining promoter
– GOLD MANIPULATION destroys lives.
Because of
it, a handful of “elites” have diluted generations
of savings, caused gross mal-investments, and enabled vicious sociopaths to
commandeer governments. Each day it continues, gross distortions of the world’s
economic, political, and social structure worsen, making the ultimate
financial ARMAGEDDON that much worse. Not only that, it is quite hard to buy
more metal and mining stocks when debt, inflation, and unemployment is rising
– and for those holding mining stocks, you have probably lost most or
all of your “protection money” by now.
Countless
MILLIONS have died over the years due to these distortions, such as more than
a million people in Vietnam, a million more in Iraq, and possibly millions
more once the “INEVITABLE
IRANIAN WAR” commences. And don’t forget the thousands of
starving Africans, care of poverty caused by artificially suppressed gold
prices, or the hyperinflations that result (think Zimbabwe). And don’t
forget about the thousands of mining companies as well, whom have lost billions
of shareholder capital (YOURS) and likely will lose billions more care of the
capital crunch the Cartel has created.
From a
personal standpoint, it is a near miracle I have emerged from a decade of
gold manipulation with my sanity, personal relationships, and nest egg
– much less a secure job as I have found at Miles Franklin. The Cartel
has spent years attempting to destroy what I create, be it junior
mining stocks, the balance sheets of companies I worked for, and at times a
happy home. They also have turned countless “naysayers” against
me, and to this day cause great stress when their machinations force me to
bite my tongue, WRITE for countless hours (in my role as “goldbug babysitter”), and endure business
slowdowns.
Now that I
have switched my portfolio from 100% mining stocks to 100% PHYSICAL gold and
silver, I no longer fear the Cartel, and I sleep better than at any
time in my life. However, essentially EVERYONE reading this blog is affected
by their attacks, and at some point we’d like to move on to the next
stage. I am quite sure it will be far worse than what we are living through
today – even when gold prices rise hyperbolically – but at
some point the DESTRUCTION being wrought on the world needs to end.
And I say
that time is NOW!
|