Gold And Silver Are Money. Everything Else Is Debt. Globalist’s Biggest Scam.

If a currency is a promise to pay, what is the promise you receive?  None, zip, nada.  All you can get is more of the same in different denominations. Currencies are more akin to the car game, Old Maid, where one wants to avoid being the last holder of the queen card designated as the Old Maid.

The American public will be in for the financial shock of their lives when they wake up one day and discover what they own are nothing more than Old Maids that have been devalued by 30%, 40%, maybe even 50%.  The Old Maids will be the fiat Federal Reserve Note, falsely know as a “dollar,” but they will have declined in value relative to gold and silver, aka real money.

If it takes 1,300 fiat Federal Reserve Notes to purchase an ounce of gold, and one day, overnight, gold is revalued so that it takes 5,000 fiat Federal Reserve Notes to purchase the same one ounce of gold, it is not the ounce of gold that has changed.  Instead, the number of fiats has been devalued, worth much less than the Federal Reserve once said they were worth which is why more and more will be required to buy the unchanged ounce of gold, and silver.

If you own an ounce of gold, you can exchange to for 1,300 Federal Reserve fiat Notes by today’s measure.  When the fiat is devalued overnight, your ounce of gold will then be able to be exchanged to 5,000 fiat Notes.  In other words, your wealth effect will have been preserved.  This is why you want to buy and hold gold and silver.  All governments have sold out their citizens to the globalist’s fiat Ponzi scheme.

Earlier, we posted an article, “Anything & Everything Goes – The Corrupt and Deranged Governance of America,” because we like the George Orwell quote:

“The further a society drifts from the truth, the more it will hate those who speak it.”

The globalists hate the truth, and they do everything possible to keep the truth suppressed. Knowing the difference between money and currency is a perfect example.  Remember, the  money currency you hold in any bank is even more “unreal” than the paper currency that you may still think is money, because anything digitalized is pure fiction.

If you have a family, they are real.  If you have a digitalized family, they do not exist, except in your mind, just like currency.

If you want money and want to survive the massive economic failure that is destined to come, buy and hold gold and silver.  The world has not been awash in debt more than it is now and that mushrooming debt cannot be sustained

What’s in your wallet?

For the moment, we are in the calm of the proverbial eye of the largest hurricane ever, and it is the calm before the inescapable storm that will be more financially destructive than the 2004 Indian Ocean tsunami.  If you fail to understand what money is vs what currency is, you remain at risk.

The trend in gold has turned up, and it is at the beginning of the next phase.  Timing has been difficult because it is impossible to apply reason to fiction, that which is unreasonable.  The only rational way to respond to the globalist fiction being peddled around the world is to be prepared.  The best way to be prepared, in terms of gold and silver, is to own it, for one day, the price will be off the charts, as it were.

(click on charts to enlarge)

What stands out in the daily chart is what appears to be obscured and that is the last two separate massive sell days of thousands of gold contracts by the BIS, trying to punish those who choose to take their own path and not be a lemming to be led over the financial cliff that lies ahead.  In the past, the massive manipulated sell days stood out on a chart.  Now, it is more like trying to find Waldo.  Truth and the price of gold will ultimately prevail.

The two up slanting lines, one for volume, the other for price, demonstrate how the market advertises its intent.  When the highest volume in a rally occurs at the high, it usually is a disguised show from sellers overtaking buyers, and a correction will follow.  Silver is seemingly bidding its time more than gold, but it still is outperforming gold, and we expect that will continue.

It will be interesting to see if the current bullish spacing will hold while silver seems to struggle out of its sideways bottoming process.  Bullish spacing occurs when the last swing low is above the high of the last swing high, an indication that buyers are not waiting to see how the market will retest that last swing high.  It is unusual to appear in what is considered a relatively weak market.

So far, there has been no sign that the current near-term decline has ended.