I'm Not Betting The Farm That Gold & Silver Will Skyrocket!steemCreated with Sketch.

in #steemsilvergold7 years ago


All the alt-media icons and market gurus have been wrong, and repeatedly wrong with their predictions that gold & silver will skyrocket to amazing prices.
So after years of the "experts" getting it wrong why would anyone still think that?

Because the economic model fundamentals suggest ...

I will keep this post brief, but a deep discussion needs to be shared about the flawed economic models.
The models don't account for crimes by institutional forces that control the public narrative (mass media, false beliefs and habitual confidence or order followers), and institutional forces that create as much "money" as they require.
The economic model doesn't model the real Ponzi-Economy.

Be Prepared!

No, the economic models are all flawed, and when gold & silver breaks out it will be a emergency event that will harm a lot of people worldwide.

That is why I think having gold or silver is an insurance policy ready for the eventual emergency.

The central banks have already signaled they plan to manage a major market correction soon.
Soon, as in by the end of this calendar year and certainly in 2018 - so a series of market disruptions and corrections may be coming before the end of 2018 and when the bankers decide to pull the plug for what they call market corrections and also because they need an emergency event to implement additional policies and reforms to "reset" their worldwide monetary system.

Modi's Demonetization Is a Cure Worse Than The Disease For India ...Dec 2, 2016 forbes.com

They have funded hundreds of billions into blockchain tech, "FINTECH", biometric-bankcards, digital banking, and supercomputers over the years and they have seen the results from tests and trials with cryptocurrencies, and "demonetization" policies such as what happened in India and is planned for in Europe and elsewhere.

The European Central Bank will phase out the 500-euro note by the end of 2018. nytimes.com May 4, 2016

For the individuals who are speculators and wish to profit from the rigged game (markets & the 4th industrial revolution with cryptocurrencies in the digital economy - aka cashless society) then it is a no brainer - you see their script and scam. It is easy to profit from it, but remember to also keep your insurance in tangibles and skim off some of the returns into gold & silver or other physical assets (property or local services) to keep outside of the banks' FINTECH industry.

Read:
Pressure To Rollout Central Banks & Governments Blockchain Policies

Lacy Hunt: The Fed Has Undermined The Economy's Ability To Grow!

The Digital Economy: Central Banks Cloning Bitcoin For National Currencies

CASHLESS SOCIETY: Central Banks' Cryptocurrencies

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hmmm... I remember feeling the way I do now from about mid 2005 until the meltdown just before the 2008 elections. I had been expecting a major crash the whole time, but the markets seemed to defy gravity. A year passed, then another, and my warnings to friends & family who were flipping houses & condos were starting to sound laughable. Then... you know the rest.

The difference, back then you could feel safe in cash.

Now in the QE era the dollar, euro, yen, or inflated stocks & real estate all seem like a complete house of cards to me.

Against that is the option of assets that aren't tied to debt, i.e. precious metals. And they are being continuously slammed so most people don't view them as an alternative to fiat. Luckily at this precarious time, their value is being suppressed.

Yes, if prices were to be set in terms of physical metal (ck out Jim Willie's latest interview) the price could perhaps go up exponentially. However, it is also true that would be in currencies whose inherent value was finally exposed. So who really knows what $10,000 would buy in a world like that -- so $10,000 might be meaningless.

But you're right, it is the best insurance policy I can think of for the average person who is not off the grid or something, planting food etc.

@roused Insurance, precisely 👍
A day when the fiat national currencies are worthless is a very dangerous day.

Good post. The question is what exactly is going to take place and what direction they are going to go in.

Diversification...

@revelationquotes Thanks and welcome to steemit - I look forward to reading your posts!

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