… lest we lose focus
It amuses me to no end to see what a certain “TA Site” offers… true believers that TA still works! I learned long ago… and many here will agree… that the market manipulations we see are real, and part of a concerted program of ‘control’ by TPTB… namely the Fed and government and bankster cartel. What’s that old saying? “Don’t fight the FED”.
I resigned myself to the knowledge that paper was not the place to be. That left ‘stacking physical’ as the only sane option. Even though the manipulators ever ‘control’ the price of physical downward to make it ‘appear’ to be a bad investment. But holding physical at this point in time is no longer about a ‘good investment’ that ‘makes money’. No… it is now about survival when this monster ponzi scheme implodes the world’s reserve currency… and the USA economy.
George Ure at www.urbansurvival.com and others have made the point that when looking at the ‘Big Picture’, the FED is actually fighting deflation. Under such a scenario it is not unusual for gold to go down, also. The point is that gold will go down less than other assets that collapse under a deflation/debt destruction scenario. And that is where I want to be. Bringing some purchasing power through the economic vaporization at the end game. Physical gold and silver in your control… that you can hold and touch. And a lot of patience…
Meanwhile, it is a summer Saturday, hot and well pollinated. Time for a dip at the swimming hole.