Quickening
Any ponzi faces the same ultimate fate. They always face in their final days an exponential CONfluence of events which are a direct result of the complexity/size of the ponzi. We are reaching that CONclusion. What makes this particular ponzi more difficult to predict in terms of its timeline is the enormity of its tentacles. It involves virtually every aspect of our Western cultures.
Trying to affix a simplistic description to its development and its size is an exercise in futility. Once you’ve ascertained that it has permeated virtually every aspect of our lives, you can then begin to realize that descriptions used here previously like Grand Supercycle actually do make some sense in their definitions of the historical impact of this ponzi.
Financial Alchemy has existed throughout the millennia. There’s evidence of money debasement in virtually every culture and country that has a currency. Eventually the debasement results in an implosion of the country or empire……without exception.
“Its different this time.” This is heard on all propaganda news stations. I happen to agree with them. As I have previously mentioned we are in a debt supercycle and this time we have most of the World participating in this ponzi. The massive collusion of Central Banks does make it “different this time”…..because this time the failure of the ponzi takes down the entire world. So everyone in this debt pyramid scheme is watching for a sign the music has stopped.
When the last two bubbles popped, in 2000 and 2008 we managed to print enough money to reinflate the debt machine by printing the reserve currencies to extend and pretend. You don’t need me to reiterate the numerous lies on employment, retail sales, corporate profit, and stock market manipulation to maintain the CONfidence of the masses.
I don’t care about whether gold or silver is money or currency or whether you can eat it. I know that for over 6000 years both have been a store of VALUE and when this current bubble pops (and it will) you will see a mad rush to these two much maligned elements. Big waves of paper money will be running to these and other resources. You’re seeing the big money already front-running many resources/commodities already. You will look back on this in a few years and wonder why you didn’t see this coming.
Gold is not going to be reinstated as a currency. However, its “price” in paper or digital money will be quite high. Silver is another story. Its ultimate value/price may be inestimable.
The timing obviously is the question for many of you. I firmly believe the miners are in a long term multi year bull market that began in Jan. 2016. We’re about to enter a “third” wave move that should last about a year when it begins and will exceed the miners high of 2016 by a large margin. Holding on will not be easy but it will be rewarded.
Gold will be used by the Central Banks and Sovereigns as a stabilizing anchor for the next global currency reset. So of course it will be a major chess piece for them. Silver will become so valuable that your stash will become folklore at Thanksgiving family gatherings…..should your family survive the reset. On that note enjoy the “Quickening”. Keep your eye on the Middle East.
Source: http://kliguy38depression2news.blogspot.com/2017/11/quickening.html
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