Make no mistake about it, it is the central bankers that are leading governments around by the nose, and by proxy, governments leading people around by the nose, and that “nose” is inhaling “lines” of fiat. Unless cured, all addictions end badly, and the only “cure” central bankers have for ever-increasing fiat is, ever-increasing it more. [You can protect yourself, however, by] demanding less of the valueless fiat and keeping, and growing, your wealth by buying and accumulating real value: physical gold and silver. Anything less, and you are still dealing in the imaginary world that is failing. [This article explains why that is the case.] Words: 834
So writes Michael Noonan (http://edgetraderplus.com) in an edited excerpt from his original article* entitled Gold And Silver – Who [What] Do You Trust? You Have A Choice.
[This article is presented by www.munKNEE.com (Your Key to Making Money!) for information purposes only. The article may have been edited ([ ]), abridged (…) and/or reformatted (some sub-titles and bold/italics emphases) for the sake of clarity and brevity to ensure a fast and easy read. Please note that this paragraph must be included in any article re-posting to avoid copyright infringement.]
Noonan goes on to say, in further edited excerpts:
It is indisputable that for centuries, gold has always been considered a store of value. It preserves one’s wealth against fiat currencies, and during times of fiat upheavals, it also creates wealth. With wealth, one has independence. With independence, one need not rely upon government.
With no gold, ergo no wealth, however, almost half the American population receives food stamps from the government, and the elderly are dependent upon Social Security, Medicare, etc, all largesse from the corporate federal government teat.
Most all Americans are also drowning in debt, foisted upon them, as planned by the moneychangers, keeping them all credit-addicted and unable to accumulate any real wealth, aka independence. As Chuck Colson, Special Counsel henchman to “Tricky Dick” Nixon, heartlessly reiterated: “When you got them by the (financial) balls, their hearts and minds will follow.”
There is a Chinese proverb that says: “If you collect the money, you disperse the people; If you disperse the money, you collect the people.” [and] the corporate federal government is in the business of collecting people. Serfdom is alive and well in the USA.
Yes, there is a point to this.
What are the controlling influences for ANY market? Supply and demand.
Who determines and controls the supply of fiat? The central banks.
Who determines the demand side? You! A collective “You,” to be sure, but the collective is composed of individuals, and you have a choice
What happens when demand wanes vs. an ever-increasing supply? The “value” of the supply collapses. Why? Because fiat has NO VALUE! It is purely imaginary.
Take a minute to absorb that thought. IT IS PURELY IMAGINARY. If you imagine something has value, it does, by virtue of your belief. A belief is NOT reality. It is merely a thought maintained ABOUT reality, but not necessarily the reality itself. Change the belief and you change the reality. Stop believing fiat has any value, and your reality about fiat changes, as well. “The Emperor is wearing no clothes!”
Gold and silver are NOT going up in value. An ounce or gold or an ounce of silver is still the same ounce. It is the imaginary “value” of the fiat you hold that is being debased and is relentlessly dropping. It is a subtle, but necessary change in “belief” one must always recognize, (and there are many who do, just not enough). Instead of 250 or 900 units of fiat, it now takes 1650 units of fiat to purchase the SAME ounce of gold, and 30 units of fiat, instead of 5 or 20 units to purchase the same ounce of silver….
Despite the above circumstances, very few Americans actually own physical gold and silver. The numbers are greater through participation of paper holdings of gold and silver [BUT] everyone needs to learn this mantra, if they have not [done so already], “If you do not hold it, you do not own it.” Just ask Germany if it still “owns” all its gold held outside of its country, like in London and New York. Usually, there is some degree of loyalty among thieves…apparently not, when it comes to gold. Rich irony. Think MF Global – Peregrine. Where do you want your gold and silver to be when the elephants start stampeding? There is already a rumbling in the distance. You have a choice.
Back to our last point. Not enough Americans own and hold the actual physical. The numbers are growing…a record 50,000 oz of gold Eagles were sold in January, but what are ounces when compared to tons? Remember the supply/demand factor. Do you want to make your “vote” count? Demand less of the valueless fiat, and keep, and grow your wealth by buying and accumulating real value: physical gold and silver. Anything less, and you are still dealing in the imaginary world that is failing.
Conclusion
Let the fiat fall where it may, and it will fall, with or without you. Better that it falls without you. There will come a time, and we keep getting closer to that still unknown time when gold and silver will rise as many imagine possible, and most will not believe. You have a choice – at least for now…
We have said repeatedly, buy the physical NOW, while the buying is good. Back in 1933, by government decree, (central banker dictated), people turned in their gold at $20.67…a Gordon Brown moment. Today, gold is $1,650.
Get thee to a dealer’ry; why wouldst thou be a breeder of fiat!
[Editor’s Note: The author’s views and conclusions are unaltered and no personal comments have been included to maintain the integrity of the original article. Furthermore, the views, conclusions and any recommendations offered in this article are not to be construed as an endorsement of such by the editor.]
Have you ever wondered what money really is [and why we need to own some gold as a result]? You’ll notice that everyone you read has a strong opinion , but who’s right? [Let look at the situation and see if we can come to an answer that we both can agree on.] Words: 3086
Today all currencies are fiat, that is, they are money only by government edict, by the law; they have no inherent value and are not backed by reserves. Because of this central bankers around the world can create/ print new money almost without limit, and as with all markets currency prices are set by the law of supply and demand, and as more dollars, euros, pounds and yen are created, their value falls. [Let me explain the ramifications of such action.] Words: 785
VALUE is different things in different parts of the long-term cycle because VALUE IS “SEEN” IN DIFFERENT ASSET CLASSES at different points in the cycle depending on how money printing and interest rates affect different parts of the economy.
Today’s world is as uncertain as any we’ve seen in some time. Sovereign-debt crises threaten major economies in Europe and Japan and the fiscal state of the United States is the worst in non-wartime history! It’s no surprise, then, that investors are becoming increasingly attracted to the safety, anonymity and purchasing-power preservation that comes with bullion ownership. That being said, one of the most-often-overlooked benefits of bullion is its ability to help you increase your wealth across currencies, so today I’ll show you how owning physical metals — and the most-precious of them all, gold in particular — can help you to boost your global net worth! Words: 896
I like gold because it’s a risk-reducing, portfolio-diversifying asset. It’s also been a strong-performing asset over the past decade – up nearly 400%. What’s more, it’s been reliable. In 2008, when the major U.S. indices plummeted 37% (and more into early 2009), gold returned nearly 6%. In addition to being an exceptional investment, however, gold has also been an exceptional investment within a portfolio context. That is, it has provided return while reducing portfolio risk. Gold has, in essence, been a free lunch. Words: 490
Some say that the gold price rises and falls, but they are grabbing the wrong end of the stick. It is the purchasing power of national currencies that rise and fall. Here is an analogy to make this point clear. When standing in a boat and looking at the shore, it is the boat (currencies) – and not the land (gold) – that is bobbing up and down. [Let me explain the value of gold further.] Words: 631
Gold and Silver are not an investment! Let me repeat that. Gold and silver are not an investment! Gold and silver are (excuse the pun) the most “solid” form of money you can possess. Yes, these two precious metals are money!…Don’t fear owning gold my friends. Fear not owning gold and silver, especially if you are a saver. [Let me explain.] Words: 795
It would seem that there is a considerable lack of understanding about what the term “safe haven” actually means when it comes to gold. Let me explain just what it means – and does not mean. Words: 740
Comments I have made that “when this [financial crisis] finally ends the big winners are apt to be the ones who have lost the least purchasing power. Keeping score in nominal dollars is likely to be meaningless. Gold tends to hold its purchasing power regardless of what happens to fiat currency.” have prompted questions about a) how to achieve such purchasing power with physical gold when this stage is reached, b) how to go about buying things with gold coins and c) how gold would be utilized under the assumption that a barter system would develop when dollars become worthless. [Let me explain.] Words: 700
Do you own enough gold and silver for what lies ahead? If 10% of your total investable assets (i.e., excluding equity in your primary residence) aren’t held in various forms of gold and silver, we…think your portfolio is at risk. Here’s why. Words: 625
To fully understand gold’s role in an investment portfolio, we need to adopt a new mindset, a gold mindset which is, simply put: gold is not a bad investment, and gold is not a good investment. Gold is not an investment at all – gold is money.
In our travels to the Middle East, the Far East and South and Central America [we have found that] most people in those parts of the world see gold as the protector of wealth [as opposed to] in the West where it is viewed as a commodity for speculation… [That shouldn’t be the case. Let me tell you why.] Words: 2159
I was taught years ago that “gold is not about price… gold is about value.” Be measured, be balanced and don’t make more of it than it is. Gold is just a tool, an anchor to sound money; to value. [Let me explain.] Words: 1120
Several years, ago, the very savvy Richard Russell stated that the investment times were changing. He said that with huge debts everywhere, cash flow would be the most important issue for everybody going forward- for business, for investment, and for everyday life. He said that it was no longer a game of “Return on Capital”, but a need for “Return of Capital.” What Richard was saying was that good and consistent investment and income gains would be more difficult for a decade, or so, and that just keeping the same value of one’s savings would be an important goal.
The concept of “value” is extremely important, especially when Dollars are being printed aggressively. This is because the value of your Dollars is falling. Most people look at a Dollar and see a Dollar. They don’t understand that the worth of a Dollar can fall dramatically in times like today.
Gold is not a solution to investing problems. It is an insurance policy against an inflationary explosion. The higher the probabilities of inflation, the more gold I hold. [Let me explain.]
‘Gold Bullion Or Cash’ is a well produced, high quality, educational short video that uses music, images, facts and quotations to show how gold has been a proven store of value throughout history and an important diversification today.
This article clearly demonstrate how the millions of investors who invested in the stock market over the past decade actually fared when their performance was measured in gold instead of dollars. You will be shocked at how poorly they (and you?) have really done and you, too, will come to the consclusion that – investing in the stock market is for losers. Words: 790
Good advice about the perception of “value” of paper (aka flat) money and like trust, it can change in an instant for any number of reasons. Those that have traveled to other countries, know how quickly the paper money in your pocket can change in value, while physical PM’s retain their worth, especially during periods of currency “adjustments” and PM’s are easy to use in other countries, where “foreign” paper money may not be usable at all!
munKNEE.com Your Key to Making Money
Good advice about the perception of “value” of paper (aka flat) money and like trust, it can change in an instant for any number of reasons. Those that have traveled to other countries, know how quickly the paper money in your pocket can change in value, while physical PM’s retain their worth, especially during periods of currency “adjustments” and PM’s are easy to use in other countries, where “foreign” paper money may not be usable at all!