War cycles – cycles that govern human social interaction on a grand scale, cycles that can be quantified and used to forecast periods of peace and war, periods of civil unrest and international conflict – are now ramping up and converging in the worst possible combination of forces not seen since the late 1800s. In the process they are setting the stage for gold and silver to explode higher with gold going up to well over $5,000 an ounce a few years from now … silver to more than $125 an ounce … and mining shares, to the moon.
The above comments are edited excerpts from an article* by Larry Edelson (swingtradingdaily.com) entitled War Cycles Sending Gold Mining Shares Soaring.
The following article is presented courtesy of Lorimer Wilson, editor of www.munKNEE.com (Your Key to Making Money!) and has 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. This paragraph must be included in any article re-posting to avoid copyright infringement.
Edelson goes on to say in further edited excerpts
Thus far for June, gold is up an amazing $82, almost 6.7%. Mining shares are doing even better, with the ARCA Gold Bugs Index up 16.7% – and some of my favorite miners are up as much as 40 percent in a mere 20 days. These… market moves tell you that it’s not just us Americans who are worried about the world and starting to buy gold again. The entire investment community — and anyone in their right mind — is worried.
Considering the sorry state of affairs the world is embarking upon that is not surprising. War cycles – cycles that govern human social interaction on a grand scale, cycles that can be quantified and used to forecast periods of peace and war, periods of civil unrest and international conflict – are now ramping up and converging in the worst possible combination of forces not seen since the late 1800s.
These are the cycles that are responsible for all that you are now seeing:
- Russia versus Ukraine and other former Soviet satellites, versus Europe and the U.S.
- The reign of terror in Iraq by…ISIS)…
- Nigeria, where Boko Haram Islamists have killed hundreds of villagers and kidnapped hundreds of women...
- Kenya, where the Al-Qaeda affiliate Al-Shabab terrorist group is responsible for the recent bloodbath that took place in Mpekeoni, a well-known tourist area…
- Pakistan, where more than 70,000 civilians are now homeless refugees, fleeing from government troops who killed 105 militants in North Waziristan’s Shawal area.
- Canada, where a Calgary suicide bomber who killed 19 Iraqis has become a propaganda tool for jihadists, who are urging Muslims to follow his “great example” and threatening Canada to change its “oppressive” foreign policies.
- China, where the Chinese government recently executed 13 people in the Xinjiang region who were found guilty of organizing and leading terrorist groups, as well as murder, arson, theft and other crimes.
- China versus Japan, Vietnam, Indonesia, Malaysia, the Philippines, in an international dispute over the Spratly and Senkaku Islands and their vast oil and gas reserves … and where China is claiming territorial jurisdiction, seizing land and waters away from countries, a dispute that will ultimately lead to an international war.
- Then there’s Syria, Yemen, Egypt, Turkey, Iran, North Korea, Venezuela, Myanmar, Libya, and a host of other countries where violence is rapidly rising.
All told, there are now a record 61 countries involved in wars and 540 militia, anarchist, religious and separatist groups.
Lest you think the turmoil you are seeing is all terrorist-related, or isolated events that do not impact you, think again: The rising war cycles are also about:
- bankrupt, destitute governments that are now acting like caged animals, striking out against their own people by:
- raising taxes,
- engaging in confiscatory wealth measures
- capital controls
- spying on their own citizens
- and more.
Consider [the following]:
- Cyprus’ confiscation of depositor wealth to bail out Cyprus’ banks last March, a policy that has now been embraced and legalized for all of Europe [-and Canada, too!]. Have money in a European bank? Good luck, if it goes under, your money is at risk of being confiscated.
- Poland’s confiscation of retirement accounts last September. Fully half of all private retirement assets transferred to the state without offering retirees any compensation whatsoever.
- France’s 75% income tax. [In addition,]…France’s Marine Le Pen’s Front National is championing a recent report by well-known French economists that concluded that 60 percent of French public debt is illegitimate, sowing the seeds for a French sovereign debt default down the road.
- Argentina, where massive sovereign debts are now unpayable, and confiscatory measures against pensions are now in the planning stage by President Cristina Kirchner.
- Washington’s incessant spying on YOU, all designed to track everything you do, every penny you spend or squirrel away.
In short, all over the globe the rising tide of geo-political unrest is occurring at a pace at which even I underestimated.
Cause of Turmoil
You may think all these conflicts are unrelated, or just the result of religious extremists, or that they have no impact on you but mark my words: look closely…and you will see two common threads:
- Private sector groups rising up against authoritarian, unjust, corrupt and imperialist governments.
- Private sector groups rising up against governments that want to increase taxes or even confiscate wealth while, at the same time, levying austerity measures on its people to slash previously promised benefits.
In lesser developed countries, it’s the result of:
- government corruption,
- imperialistic actions taken by developed countries,
- pillaging of natural resources,
- and more.
Yes, they are shrouded in religious, especially Islamic extremism but when distilled down to the truth, the forces driving them are no different than the forces that are driving the civil and international unrest you are now seeing in developed countries. It’s merely a matter of degree.
An impartial and objective study of the forces that are driving the war cycles higher — wherever in the world they are playing themselves out – can all be distilled down to a great battle between the public and the private sectors.
The above are the chief reasons gold and silver are now starting to explode higher and why gold will likely fetch well over $5,000 an ounce a few years from now … silver to more than $125 an ounce … and mining shares, to the moon.
Editor’s Note: The author’s views and conclusions in the above article are unaltered and no personal comments have been included to maintain the integrity of the original post. Furthermore, the views, conclusions and any recommendations offered in this article are not to be construed as an endorsement of such by the editor.
*www.swingtradingdaily.com/2014/06/23/war-cycles-sending-gold-mining-shares-soaring/ (Copyright 2014 SwingTradingDaily.com All Rights Reserved)
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