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Trust

In 5 years of watching this chart (daily) I have never – never – seen this:

Gold_Chart

What does this suggest?

First, see those tiny little movements before today?  That’s called MANIPULATION.

Second see that big jump today?   That’s called “When the ball can no longer be held under water by the biggest manipulators in the world aka the central banks.”  There’s no news that would cause the jump.  It’s just that the ball is getting too big to hold under water anymore.

I said this would happen eventually.  When trust breaks.

Sadly the Chinese don’t trust each other.  They will end up trading in gold and silver.  And their idiotic rehypothecation-ponzi-lying will (ironically) bring down the Western monetary system.  Why?  Because the West lies but only strategically on the big matters.  Small people don’t lie day to day.   So Nixon can close the gold window and people continue trusting the system for another generation.  It’s been 43 years since August 1971 when the gold window was closed.

In China everyone lies.  Big and small.  No one can be trusted.  So the game blows up much quicker in China.  That’s why to survive people will ask for gold in China.  And that’s why the game will end, even if the Chinese government and the West don’t want it to.

When (not if) China blows up what are the consequences?

March 31, 2014 Leave a comment

It’s coming.  No doubt.

But what are the consequences?

A lower $A.  A housing bust in Australia.

I’ve been waiting for the next 2008.  It’s gotta come.  With the system we have it’s inevitable every 5 years or so.  So we’re overdue.

Looks like China is going to be the “blow up” candidate this time around.

 

Mormons were right all along

October 16, 2013 Leave a comment

Stock up on food.

Just like a good Mormon.

Here goes gold – again

August 29, 2013 Leave a comment

Remember all the stories about gold collapsing, gold being a bad investment, gold not being in demand, gold’s bubble?

When, just as gold is spiking up again, do you hear anything about the gold spike, about gold being back in favour, about gold’s rise?

Not a single word.  Silence.  Despite it being better than stocks, than US dollars, than basically anything over the last few months.

I suspect the banking establishment is dragging down India to shake it free of its gold.  The collapse of the rupee will not shake gold from their grip.  If anything it will increase demand as an alternative safe currency.

We are getting close to the time when there are no weak hands to shake gold free.  Then we really will see fireworks in gold.

Happy Birthday, Evil

August 16, 2013 Leave a comment

42 years today since the Gold Window was closed and the world went stark raving bonkers in monetary terms.

Sad.  I wish I wasn’t alive to see this.  The shit is going to hit the fan so badly no one but the bankers themselves will escape the crap that will fly around when the monetary system implodes.

Sad.

Derivatives must mean gold explodes. Simple.

August 15, 2013 Leave a comment

Step 1: Understand interest rates will never go up.  Never

Step 2:  Understand low interest rates mean massive money creation, somewhere (mainly in Asia).  Understand Asians like gold.

See this article here.

Step 3: Gold will explode.

It must.

So it will.

Categories: Best assets to buy

The spinning top

You when you were a kid and you spun a spinning top and the top wobbled towards the end and went from side to side?

That’s exactly what is happening with the world economy.  We are in the swing of “deflation” with the warning  – just the warning – of the Fed “tapering” (not ending) QE – which is government-speak for buying failed assets from bankers with made-up electronic money.  So everything other than cash (in US dollar terms) is down.

The crisis somewhere (Brazil?  Greece again?  Somewhere else?) will kick in because the periphery always caves in with the slightest hint of a liquidity crisis, the Fed will be forced to pump more funny money into the system to get another month’s respite from criticism.

And so it will go until the swings become more and more violent.

What can you do?   Enjoy a walk with the dog.  Pay off your debts.  Do your job.  Forget about financial markets.  If you chase them, like a dog off a leash, you will get run over with this insane volatility.  Leave it to the insiders to time the movements in the gold price, the oil price and in stocks.

I suggest a little bit in gold, a little bit is US dollars, debt free property you can live in, and wait it out.  Most importantly get out of debt.

Simple.