A number of years have past since the GFC the major economies of the world are on the brink of collapse. The last few years however, or so it seems you have been preparing for financial Armageddon. You have been following your favourite analysis who is constantly reassuring you that the price of gold is headed to $5,000 and silver to $100 an ounce. I too can offer you this same prediction with absolute certainty, although after you discover the real reason behind this you will no doubt not be as pleased.
Private citizens the world over have been purchasing gold and silver at an extraordinary rate, recent reports state that an Indian national was admitted to hospital to surgically remove gold bars from his stomach, that he had ingested in an effort to smuggle into the country. You constantly hear of the demand for gold in Asia and the vast number of people in countries such as The United States of America, Australia, United Kingdom, to name a few that are investing in precious metals. You also see countries attempting to repatriate their gold holdings from distance lands to bring home to the mother country.
All this yet the price of gold is still currently some $600 an ounce off it's all time highs, you have to stop an ask yourself for a logical answer as to why?, the answer is because you and I have been deceived. Numerous organisations such as the Council on Foreign Relations, The International Monetary Fund, The World Bank to name just a few have been conspiring and working behind closed doors in an effort to use the citizens of the world, as a means to fund the collateral for the new reserve currency of the world the SDR or Special Drawing Rights.
Governments and financial organisations have been working in collaboration to artificially suppress the price of gold and silver. In order to allow the private citizens of the world to amass with their own hard earned dollars, the collateral needed to allow the SDR to become the Reserve Currency. How is this possible you may ask it is quite simply really, when the powers to be decide the citizens have amassed enough personal gold and silver they will instruct the governments of the world to pass legislation or in the case of Australia in act suspended legislation already in place, to confiscate the personal gold holdings of private citizens to be used as backing of the SDR.
In order for this to happen another GFC event would first need to occur, or even worse a war or conflict severe enough that private citizens feel some kind of patriotism is required in order to assist in the conflict or the recovery. The public would be outraged if the government was to confiscate the people's hard earned investments I hear you scream. Lets just stop and think about that for a moment how many people do you know in the main stream environment that invest in precious metals, or for that matter even know what bullion is or where to buy it. If you honestly believe for a moment that when the stock market is at all time lows, people have seen their retirements wiped out, people are losing their jobs and the roof over their heads, that people will be protesting in the street demanding that private citizens gold be returned to them, I'm afraid you may be sadly disappointed.
One only has to look to history to see that such a scenario has already played out and I'm afraid history unfortunately repeats itself. I believe we have been conned, I also believe we will no doubt see the price of gold at $5,000 and silver at $100 an ounce. Although this will only be the case when it has fallen prey to the elite and been retched from the hands of the people.
These may very well be just the ramblings of a crazy man with too much time on his hands, but if that's not the case what is the solution to avoid events as such from occurring. Unfortunately I one man do not have the answer to that although as a group of people I have no doubt there is a solution. The only suggestion I can offer is that if you can not hold it it your hand it does not exist, only deal with those you trust and whenever possible pay with cash.
Regards
Dags
Private citizens the world over have been purchasing gold and silver at an extraordinary rate, recent reports state that an Indian national was admitted to hospital to surgically remove gold bars from his stomach, that he had ingested in an effort to smuggle into the country. You constantly hear of the demand for gold in Asia and the vast number of people in countries such as The United States of America, Australia, United Kingdom, to name a few that are investing in precious metals. You also see countries attempting to repatriate their gold holdings from distance lands to bring home to the mother country.
All this yet the price of gold is still currently some $600 an ounce off it's all time highs, you have to stop an ask yourself for a logical answer as to why?, the answer is because you and I have been deceived. Numerous organisations such as the Council on Foreign Relations, The International Monetary Fund, The World Bank to name just a few have been conspiring and working behind closed doors in an effort to use the citizens of the world, as a means to fund the collateral for the new reserve currency of the world the SDR or Special Drawing Rights.
Governments and financial organisations have been working in collaboration to artificially suppress the price of gold and silver. In order to allow the private citizens of the world to amass with their own hard earned dollars, the collateral needed to allow the SDR to become the Reserve Currency. How is this possible you may ask it is quite simply really, when the powers to be decide the citizens have amassed enough personal gold and silver they will instruct the governments of the world to pass legislation or in the case of Australia in act suspended legislation already in place, to confiscate the personal gold holdings of private citizens to be used as backing of the SDR.
In order for this to happen another GFC event would first need to occur, or even worse a war or conflict severe enough that private citizens feel some kind of patriotism is required in order to assist in the conflict or the recovery. The public would be outraged if the government was to confiscate the people's hard earned investments I hear you scream. Lets just stop and think about that for a moment how many people do you know in the main stream environment that invest in precious metals, or for that matter even know what bullion is or where to buy it. If you honestly believe for a moment that when the stock market is at all time lows, people have seen their retirements wiped out, people are losing their jobs and the roof over their heads, that people will be protesting in the street demanding that private citizens gold be returned to them, I'm afraid you may be sadly disappointed.
One only has to look to history to see that such a scenario has already played out and I'm afraid history unfortunately repeats itself. I believe we have been conned, I also believe we will no doubt see the price of gold at $5,000 and silver at $100 an ounce. Although this will only be the case when it has fallen prey to the elite and been retched from the hands of the people.
These may very well be just the ramblings of a crazy man with too much time on his hands, but if that's not the case what is the solution to avoid events as such from occurring. Unfortunately I one man do not have the answer to that although as a group of people I have no doubt there is a solution. The only suggestion I can offer is that if you can not hold it it your hand it does not exist, only deal with those you trust and whenever possible pay with cash.
Regards
Dags