The War on Gold Is Being Lost.
In this report, I cover the early market action from London on Tuesday, August 27th, 2019. I look briefly at the precious metals, the stock market, the dollar, the bond market and the price of WTI and Brent crude oil.
Today I look back at a personal experience I had over fifteen years ago reading the FT newspaper and how it made me even more determined to continue saving money in precious metals instead of national or paper currencies.
The FT story or editorial in question was from April 16th, 2004 and was entitled "Going, Going, Gold - The Pointlessness of Holding Bullion Continues to Sink in." In this video, I will go over the editorial and talk about how the Central Bankers are probably the ones that becoming more and more pointless and not bullion.
My conclusion is that the war that has been staged on gold by the Globalist mouthpiece that the FT of London is being lost and that I knew back in 2004 that that would be the case as we know that paper money always reverts to its intrinsic value of zero as Voltaire once said.
FT War on Gold Mug: https://teespring.com/en-GB/ft-war-on-gold?tsmac=store&tsmic=maneco64&pid=659&cid=102910&sid=back
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IMO inflation target is a joke or mocking in plain sight. Anything more than the population growth rate is too much inflation. New money rob old money like dilute shareholder value when new stock is issued.
You have extra player you increase the banks funny money and give to the new player just like Monopoly.
The only time money supply is increased should be by fixed amount (Total money/Total people) and given to the new born's parents. Death tax would work the reverse as the player quit the same amount is taken out. Anything else is stealing from the current holders.
I was watching a interview with Keith Newmeyer who is big in silver mining and he seems to think we are now at the beginning of a metals bull run, I hope so. Cheers mike
Thank you introducing "FIAT PAPER MONEY" by Ralph Foster I finished this afternoon. This book is the best one among I have read about money though very short.