May Day May Day!

I’ll bet your neighbor doesn’t have a clue. I’ll bet he’s on that ship right now wondering why his bed is now reclining. I’ll bet you can’t go to your Fourth of July party tonight and find more than one person that even has a clue that we are in a total collapse right now. If you told them we have been in a primary bear market for over a year, they would look at you like you just landed from Mars. If you told them that 40% of the SnP 500 is over 40% down from their highs from a year ago, they would just yawn and try to move along to someone else that was a little less crazy than you. Don’t waste your breath. My friends and I like to refer to these people as “food”. The elites refer to them as “useless eaters”. 

Its the same analogy as the people that remained on the Titanic, even though a number of lifeboats were launched half-filled. The band continued to play while passengers deluded themselves with the belief the massive ship could never sink. Only upon entering the freezing waters of the Atlantic did they realize they had been deluded. I wonder how our reality will crystallized. Will it be sudden, shocking, and paralyzing? Maybe it will be a slow, almost comfortable process that traps us in our lower cabins where the peasants stayed. 

I like listening to the interviews of a number of prognosticators, schlepping about the collapse. I stopped trying to time it a few years ago when it finally became apparent “they would try anything” to keep the “useless eaters” in the game. I was thankful for the delusion of time and the price of precious metals. Rather than bemoan the price of silver and gold and how crooked the game was, I have continued to accumulate more metal over the past five years, never stopping my orders. I also haven’t choked and puked up the paper trade of miners (with the exception of one ).  The paper casino trade is dangerous and may not pay off, but you have to anticipate they might keep the lights on….at least longer than you can imagine. 

Silver is over 20 as I write this and may zoom to over 28 before they really attack hard. Who cares. If you’re trading out of your paper positions, then buy bullion now. Otherwise you most likely have the metal already and you are early in a paper miner bull market and the real danger is choking and puking now like Budfox would do and crying how wronged your were. Enjoy the game and gl.