Loading ...Hello Bill,
As you know I’ve been with you for many, many years – through the ups and disappointedly, the downs. I’ve enjoyed the PM enthusiasm and analysis of you and your contributors. However, The one big miscalculation that I think you, me and the others have made (and continue to make) is in failing to fully recognize the limitless, unrelenting power and control that the central banks, on-the-take monster banks, wall street, the regulating system(?), and congress, (the cabal elite) have over the market system. I have finally reached the conclusion that they can keep this thing going for about as long as they want to, in spite of our meager protestations to the contrary. I don’t know about you, but I don’t have that long. Their leftist greed already has destroyed our nation and culture, even as it continues to get worse.
I am now net negative to when I began investing in PM in 2000. It’s clear I have not been a good investor (gambler) who has continued to bet on the wrong horse for all of the right reasons. Having gone this far, I know of no escape from my financial wipe out that lurks on the near horizon. Surely selling my PM stocks this late in the game would be foolish; however, continuing to watch them crash daily without recovery of any kind is a recipe for yet further disaster. It is quite a conundrum. I, probably like others am beyond the point of no return. I’ve held on tightly to this point, but feel like a fool to continue, as I must.
I’m further disappointed to hear that our spokespersons at the NO Investment Conference could not take advantage of the situation with Greenspan when they certainly had the opportunity to nail him. Apparently we as a group are as inept as our other “leaders”. I have lost confidence that anyone from our camp knows how to deal with the cabal forces, formidable as they are.
When/where will it change? I’ve heard “the bottom is in” for at least two,years now. Life’s a beach, ain’t it?
JS
Hello JS,
Three points to make…
*We have underestimated the degree to which The Gold Cartel would go to bury the gold and silver prices … the extent to which they would use derivatives and central bank supply to suppress the prices.
*The last 3 to 3 ½ years have been wearing on everyone in the industry and most of all those invested in the shares. I don’t know anyone who isn’t disgusted with the mess. However, it is what it is, with nothing yet in sight that tells us a lasting trending change is at hand. At the same time, the big picture is more bullish than ever … with the odds of gold taking out $2,000 and silver heading for $100+ very high. The move will commence when The Gold Cartel hits the physical market wall and is forced to retreat. As for the timing, all we can do is watch for clues that we are there. The first one for me will be to see silver close a couple of times above $17.60.
Another factor to keep in mind, and why many of us hang in there, is that the next move up is likely to be violent and come out of nowhere. Many who are not onboard will find it difficult to pay up to get back in. There will be many who are waiting for a big dip which never comes. The momentum investors will jump in and clean up.
*As for the Greenspan mess, you can lead a horse to water, but can’t make him drink. All Gary Alexander had to do was read the question CP gave him. How complicated is that? As is, we set up everything with our presentations to the conference attendees. What else could we do?
Bill