This page has been archived and commenting is disabled.
Get Physical or Get Gang Debased
Courtesy of the StealthFlation Blog
Gold remains by far the best performing asset class of the entire new millennium. This is an undisputable categorical fact, and there clearly is a well established completely understood reason for this. Monumentally excessive irreversible debt loads can no longer be discharged without necessitating the devaluation of the currency. Due to this certitude, throughout this millennium we have experienced an extended period of extraordinary monetary accommodation which is unprecedented in the modern central banking era.
These remarkably irregular measures have allow governments to issue debt at artificially lower synthetically engineered rates of interest. The crucial and essential time value of money has been aborted, utterly eviscerated. A deliberately lowered nominal interest rate reduces debt servicing costs, while negative real interest rates actually erode the principal value of the government debt. This is the very essence of financial repression, it liquidates debts when accompanied by inflation and can be considered a form of taxation, or alternatively a form of debasement.
This explicit trend is systemic in nature and will invariably continue, as all other remedies to satisfy the insurmountable debt obligations are no longer within reach nor achievable. Currency devaluation is the only applicable and singularly available path forward to liquidate the imposing outstanding debt owed.
Make no mistake, the most esteemed of economic thinkers are well aware of this ominous predicament. On the other hand, the mainstream financial industry protagonists and pundits have a paramount vested interest in denying this self-evident truth.
Moreover, current policy makers lack historically substantiated evidence to validate the stated and intended objectives of the extreme policy measures they have initiated, nor can they accurately ascertain the unintended consequences of the distorting market interventions they have performed. These are the known unknowns. Physical Gold, a long standing historically proven store of value which provides wealth protection with unencumbered counterparty risk, is clearly a judicious and prudent hedge for all investors facing these macro economic realities and policy measure uncertainties.
Precious Metals are inherently the most viable asset class which outperforms all other assets against currency debasement and the ensuing inflation that invariably follows periods of excessive monetary accommodation. Moreover, a 70% consumption based economy which routinely and heedlessly runs massive trade deficits will pay dearly for the inevitable devaluation of the means of exchange. You can only print and party for so long before others catch on.
Furthermore, you can be assured that the deliberate debasement will most certainly bring with it higher interest rates, as all creditors will demand higher returns to compensate for the programmed systematic debasement of their holdings. I know, I know, you will all point to the 10 year treasury yield below 2% and precariously rest your case. However, In my view, the knee jerk reaction at the speed of light of massive capital flows desperately seeking a suspect flight to safety actually highlights the acute instability of global finance today. Liquidity simply for the sake of liquidity has no intrinsic value in it of itself.
Sound money always will flow to real veritable and tangible value. It’s simply a matter of time now, and the trigger that sets off the monetary cataclysm is always a function of the perceived confidence in the financial authorities and their monetary system. Deep down inside, are you confident in what they have done?
Definitive evidence throughout 5,000 years of mankind’s monetary history overwhelmingly confirms all which has been stated above. Same as it ever was. Olivia Newton John had it right; Get physical or get gang debased!
»
- Bdelande's blog
- 12421 reads
- Printer-friendly version
- Send to friend
- advertisements -
I have always thought that the very best basis for currency would be kilowatt-hours. Lots of advantages.
Clearly the predators-that-be have become willing to go to any lengths to get what they want in the shorter term. The predators-that-be want to create huge quantities of fiat debt money to spend on their wasteful projects, and thus they do.
To prevent this from causing massive inflation, they need to artificially hold the price of precious-metals (and some other commodities) down by price manipulation via the paper markets. Plus the economy is much worse than they claim, which also holds down commodity prices.
The most important point to understand is... manipulation cannot extend to the "long term". In fact, manipulation cannot extend past the day a significantly larger percentage of gold and silver buyers demand delivery of physical gold and silver, and hold their physical gold and silver.
The day will come when gold and silver prices explode... rise to several times their current prices. But when that day comes is always difficult to know, because the predators-that-be (those predators who call themselves "government" and "central bank" and "large financial corporation) are willing to go to ANY lengths to keep their scam running as long as possible.
They know their scams have to end, but will take literally any action to keep their scams running for just one more month, week or day.
Lost three thousand dallars on Oil. I bought some after I stayed up all night minding my stock market position; and it went down; so I got out. Temporary insanity; or at least that's my story.
Public service reminder... :>D
Let's Get Physical - RevCo
https://www.youtube.com/watch?v=hjQPg8ETrFA Here you go. might as well listen to somebody who lives in the real world. explains a lot of stuff about the Gold, and by implication, silver; market.
It's going to hilarious I mean so sad when these paper millionaires are crying from hunger pains.
Just buy all the PM's you can afford at these bargain basement prices.....
'devaluation is the only available path'
is there some kinda conspiracy even amongst the conspiracy theory propagators that Jubilee is the option that dare not speak its name?
I'm with you. I've thought for a long time that a jubilee was the only way out. After the next major crash comes currency concerns, followed by a worldwide jubilee. We are still a decade away from that, though.
That's a valid point, however, I don't see a debt Jubilee as really a central bank monetary policy measure. It's more of a political decsion in my view.
Is there a difference between the two any more? I mean that seriously. I'm not trying to be a smartass.
http://economictimes.indiatimes.com/markets/commodities/gold-imports-zoo...
That comes to about 95 tonnes imported by India in September.
Oh baby, let's get physical...physical !
Don't forget Copper, Brass and Lead.
Feels great to scoop up silver at these prices.
Enjoy your posts Bruno.
There is a reason ratings and levels of value are termed high to low:
It ain't just semantics kids.
Correction:
1. BTC
2. Platinum
3. Gold
4. Silver
5. Bronze
I much prefer Tinege coin to your BTC. I've mined over 300,000 of those fuckers in 3 days. It's the wave of the future. Better dump those BTCs while you have a chance. Crypto currencies to infinity.
www.tinege.org
If you are using a stardard computer or small farm and you can mine 100k/day then that is inherently an indicator of it's worthlessness with respect to others.
Oh yeah? When BTC was first invented some guy bought 2 Papa Johns pizzas for 10,000 BTC. Check Wikipedia. And before that you couldn't buy anything with any amount of BTC. All are inherently worthless but I can claim as easily as the creators of BTC that Tinege is the wave of the future.
the day that someone accepts cringecoin for payment other than your mom for the rent for your room will be the day that she pays you back for doing the dishes in them. Then you'll really have something going!
Correction to your correction...
1. Gold
2. Silver
3. Lead
4. Lead Delivery Systems
Gold/ silver
Lead
Lead delivery
Food/ water
Don't forget primers and powder for re-loading...
Don't forget single base powders don't cause barrel throat erosion; double base powders do; discovered by the US Army in a massive research campaign in 1905. fallen into the cracks of the plagiarism world; where nobody knows nuthin. You can always find out from the MSDS sheets.
Interesting info to research.
"Furthermore, Precious Metals are inherently the most viable asset class which outperforms all other assets against the currency debasement and ensuing inflation that invariably follows periods of excessive monetary accommodation."
This is BS. , bitcoin will has outperformed every asset class for the last 5 years , and it will continue to.
Bitcoin? Asset? NO! Look you made some $ on it. Congrats...lots of variables moving forward with Bitcoin. I seem to think big brother doesn't want any competition in the currancy game...Maybe it stays, I don't know. As for physical. . Never been a better time! Ever! Largest currencies in world drowning in debt with no live vest..Only place in world that bought less gold in 20 13 vs 2008 was US...we are risk off with the FED dealing financial coke! How does this play out? It's not real and the debt is way bigger than the effect...But they can't stop because we have to many promises to fulfill in future...my view dollar gets smashed under wieght of debt...might be 5 years might be 10...when it happens your gonna be sorry you don't have the insurance. ..if I'm wrong the world will buy it up because they will be having inflation.....Wall Street has perfected the art of selling paper that can be duplicated endlessly...The only people that get rich are managers and guys that go public...we all take way to much risk for reward in that market...cheap money distorts and it's never been this extreme....we are driving drunk going 90...good time for insurance? Stop looking at hard assets for yields....use to protect your riskier bets...be smart...the markets are riskier than ever...we wouldn't be printing and choking rates if all was well!
Really?
What is that you don't understand, my friend, about the best performing asset class of the entire new millennium, as in 2000-2014?
"What is that you don't understand, my friend, about the best performing asset class of the entire new millennium, as in 2000-2014?"
But there's still a ways to go before it beat's the last millennium's parabola - Beanie Babies.
Yeah I read in the old testament about those beanie babies. Valued as money for millenia.
US dollar, beanie babie, bitcoin and tulips.
They all have one thing in common.
BTC is not an asset. It's a digital Chuck E Cheese token. Now run along and play some video games.
I'm just a poor white kid, I'll have to settle for sliver.
Me too, but the dips are creating runs in the stores I buy at, or perhaps they are sitting on inventory waiting for the "correction"...either way, walked out without much of anything last 2 trips.
Silver rocks, your not just settling with silver.
StealthFlation blog............... worth a look.
How does one go about getting gold and silver to be accepted for transactions? Somehow BitCoin did it with many companies (who immediately sell the BitCoins for green paper). If companies would start accepting gold and silver for payment I believe that gold and silver would both do incredibly well. If only some government would mint gold and silver coins.
I believe that Peter Schiff ( europacbank.com) now has a gold backed credit card.
OK, end of stupid ramblings...
So long as the Ignorati continue to obey the Legal Tender Law(s), pay them with Fiat Munny!
I'll gladly let you use your $20 gold eagle for $20 worth of my goods. I'll even swap you for $20 in clean Fed Reserve Notes for the same. I won't even charge a transaction fee.
Ahh, one of those "you cant eat it" types. How very low info.
You don't , your supposed to bury it in the bottom of some random lake and wait for the Internet and power grid to be shut down and the Earth to go flat again.
That is the true Future of Money.
vs your lil utopian money thats claimed to always be available in the depths of some random server, avoiding any govt interference or exchanges evaporating like something out of the paranormal, and will be available when the power grid gets shut down and the Earth goes flat again?
I HATE it when the Earth goes flat...
Totally messes up my day.
Love the smell of flat earthers in the morning.
Failstar? is that you?
PLease keep it quiet a little longer. Waiting for next purchases.
I'll take a Harry, Connick, Junior, because I like 'em harry down there you know!
Junior Harry Bitchez!!!!!
I'll take physical...