Empires are full of hubristic self centered short sighted unrealistic citizens. Their outlook is shaped by too long of a success and even in the obvious face of decline they deny to their deathbeds the facts. To admit reality is to admit defeat is to admit loss and a reduced standard. To admit all that is to admit loss of station. Sadly, my fellow Americans, we are no longer on top. We are already in decline and in descent. The only thing to look forward to is the abrupt stop at the bottom of the abyss. And the dead cat bounce at the bottom will be hard to enjoy since the fall kind of busted up vital organs and other assorted biologic infrastructure. You think we are still in charge because the dollar has not collapsed ( if you think $3.50 gasoline and $100 oil is bad, just wait until the petrodollar is crushed-you ain’t seen nothing yet ). You think ten thousand troops stationed in Baghdad is holding Saudi Arabia in our orbit? That thirty thousand in Afghanistan is holding the middle east and a stop to Iranian aspirations? The fact is, there are only two things holding back the deluge. ICBM carried thermonuclear weapons and one of the last ( I can’t say whether it is THE last or not ) props to the dollar, the electronic gold derivative manipulations. Before, China and others bought our debt because US Treasuries which constituted that debt were chits that bought oil. They weren’t buying our debt for the interest payments or the fact they thought the US economy was the safest in the world. They ONLY bought debt to buy oil which they needed. But as China and Russia and others start using other mechanisms to buy oil than dollars, they need less of our debt ( the ICBM threat is the only thing keeping them going slow rather than abrupt ). So, to counter that, we started buying our own debt. Which, obviously, is a short term fix only. The next leg used was, finally we get to the point, manipulating the price of gold.
When you trade more gold in electronic form in one day than was mined in all of history combined, besides a demand for gold that is hot and heavy, there is one other obvious lesson to be learned. That, DUH, the e-market is massively manipulated. The folks not only don’t try to hide this, they probably went out of their way to make sure we understand it. Because they WANT us to stay away from gold. They WANT us to think that at any time the manipulated e-gold market will collapse and if you get a penny on the dollar for your shares you will be lucky. The fact that this allows China and other non-western central banks to buy up all the physical gold on the cheap is irrelevant ( and actually helps our bankers by creating shortages ). The Chinese use their holding of Treasuries to buy physical gold, not caring because they no longer need our debt to buy oil. And our bankers don’t care. The foreigners buying our debt to prop up our economy was over years ago and all the caterwauling about how in the future China could dump their holdings of Treasuries to crush our economy is either propaganda designed to stifle the Sheeples unease or ignorance based on outdated education. The bankers are now propping up the dollar not through the oil pricing mechanism monopoly, or foreign debt purchases, but through gold e-market manipulation.
You KNOW that gold is being held down artificially. Because of the bankers manipulations of the derivatives. If you buy gold-assuming you can find it because of the lack of physical stock- you risk holding an asset that will depreciate further by that manipulation. You don’t want to hold gold. You need something far more liquid. The Chinese can buy, hold and wait. They have the Treasuries, they have production and they have economic surpluses. You can’t hold, as you have none of these ( you, as in you personally and most other small scale actors to include small economies or even rich individuals ). To hold gold is to risk wealth in today’s economy. You can’t wait for tomorrow’s economy. So you hold Dollars. They suck, but they don’t suck as much as a manipulated gold price. By having hundreds of derivatives ( if not thousands ) for every one actual physical gold unit, the manipulators know that their product is construed as being much riskier than any paper currency. So the Dollar is being propped up by gold being kept down. While you would think that a shortage of gold would shoot the price up, the actual unavailability works in the bankers favor because there is now no way to use gold as a liquid asset. Only the dollar works. For now, of course. This too, is a temporary fix. If you have gold, hold, no matter what. In real buying power, it should really be worth something soon enough. Not less than a months wages. More like two to six months wages. Gold manipulation is just a “kick the can down the road”.
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