The Mosquito Power Of Gold
So you've lost or almost lost your job, your home, your savings, and your investments. Perhaps your marriage and family are next along with your dignity, your peace of mind and even your sanity. That's a lot of 'yours' I've used, but it's just to remind you that all these things were or are in fact YOURS. You feel that you are too small against the size and power of the system and too weak to swim against the tsunami of this global financial crisis.
At the outset, let us get one thing straight. This is not a financial crisis. In a real crisis everyone loses. In this case you simply have been robbed blind by a whole army of men in suits. The funny thing is that many of these suits thought they were actually working without realising that they were just pawns in a robbery gone bad. A robbery that aimed for domination and wealth in the hands of some extra large and very greedy suits who thought they were doing God's work, when in fact they were doing the devil's bidding. Many of these pawns are now dead but were once known as high flying realtors, mortgage brokers, bankers and investment advisers. The really big suits however are alive and getting fatter.
This is not an economic crisis either. On the one side of the balance sheet there are millions of people who are willing to work but have no work, willing to consume, to save and to buy a home. On the other side of the balance sheet there are over 18,000,000 empty homes, empty offices, empty shops and empty factories. One side of the balance sheet needs the other and yet the two cannot meet. They are separated by debt which is managed by the banks but which in reality is owned by you....the man on the street, the decent worker, the struggling small business owner, the mortified retiree.
In fact how would you feel if a friend borrowed money from you and then obliged you to pay the interest as well? Insane as it might sound, this is what the Federal Government has done to the people of the USA. It borrows the Social Security contributions of the people and then obliges the people to pay taxes out so it can pay the interest on the loan. If this isn't a scam, then what is?
This crisis is nothing but a fraud perpetrated against decent people under the guise of "leadership" and "investment advice." This whole show was nothing more than people being convinced that the economy is a casino where the odds are in their favour. You arrive at the door only to find a bank manager willing to lend you money to double up on your bets (he tells you that it's called leveraging). Flush with funds you sit at the table and the sound of screaming winners at adjoining tables makes you bet big and hard. In the excitement you fail to notice that the croupier is your investment adviser wearing a false moustache who, with each spin slowly but surely relieves you of the pot of money you began with.
The game finishes just as you lose your last dollar. As you exit, the bank manager taps you on the shoulder and reminds you that he wants his pound of flesh. You are angry and decide to leave swearing revenge. After a few steps a kindly man stops you and gives you a thousand dollars and tells you to keep going. So you calm down and go back in for a few more small spins. Once again you fail to recognise the kindly gentleman who is none other than your congressman dressed as a concerned philanthropist.
The money he hands you he calls stimulus without you realising that he actually is debiting the amount against your future. The money in reality is just to calm you down and stop you from trashing the casino. Later you find out that the casino gives generously to his re-election fund.
You go home and as you lie in your bed you start to put two and two together but it's too late. Or is it? Next door and across the street, upstairs and in the next suburb you realise there are millions of people just like you. Everyone is contemplating the next day and what may follow. Your head begins to spin and it all seems too difficult for one small man. You turn your light off, tired and defeated.
You are about to drift into sleep when all of a sudden the piercing sound of a mosquito approaches with the speed and accuracy of a missile. You take a swipe in the dark but miss. The mosquito swoops again and again until in your fury you jump up and turn the light on.
Inside your head another light has just gone on. You are struggling to remember the words you read a few weeks ago in a newspaper column. What were they again?.......Ah yes you remember....... "If you think you are too small to make a difference, then just try sleeping in a darkened room with a mosquito." You begin to laugh and then for some unknown reason a flood of other sayings from your childhood comes streaming through..... "As good as gold.....neither a lender nor a borrower be.....don't get mad, get even."
That night you barely sleep as your brain starts to whir with ideas. The next morning you have a plan of action and you start knocking on the doors of the people you saw at the casino the previous night. Strangely enough they were all kept awake by mosquitoes and they all remember reading the same newspaper column.
Dear readers I won't tire you much more as you are all wondering what happened. Well I'll tell you. The story and the plan they came up with spread like wild fire. It was on everywhere, the TV and the radio, blogs and telephones. They were able to convince everyone that the CEO's of all the big banks could be brought to heel and made to account for all the money that was lost. Even the Federal Reserve agreed to open its books and to keep them open at all times. These people realised that they could not only save themselves but also save the capitalist system from the greed and corruption of the "suits". After all it WAS the capitalist system that served them so well until 1913 when the Federal Reserve came into existence.
How did they do it? Easy.....they went down to their banks and accessed their savings accounts. They all pulled out what they could....it was like a run on the banks. They then went to every single coin dealer, the US mint and every internet site they could access. They all bought at least one or more ounces of gold. The price shot up and kept shooting up. The banks initially tried to meet the run on them and the government tried to impose a bank holiday but the anger mounted to the point that they had to back down. They gave undertakings for the future conduct of banks and their CEO's, the Federal Reserve and Congressmen. No one cared what the price of gold went to. No one was selling to make a profit. They just held onto their gold and cash because it was like a gun to the head of the suits. As I write, these things are still happening and similar events are unfolding in England and Europe and across the world.
Dear readers, the time has come to save the system from the suits. If a mosquito can make you stand up and take notice, then so can you when you meet your Congressman, your investment adviser and banker. With your cash in one hand and your gold in the other, I'm sure you will be given the respect of a man holding a big gun.
I don't know where gold and silver are going to but what I do know is that they are not looking back.
Wake up America. The system convinced you to spend hundreds of thousands of dollars educating your brightest sons and daughters at top universities so that they would become croupiers of the banks. Had you spent that money buying gold and silver in the last decade you both could have probably retired.
Actually I do know where gold and silver are headed.....they just passed me and flashed a smile and held up two fingers. Could have meant 'victory' or $2,000 but then again it could have been the Roman numeral for 5. Who knows, this is all happening too fast.
The total value of gold (and silver) is truly small as a percentage of world wealth owing to its scarcity and its undervaluation. It's like a mosquito in terms of size. However, like a ship's anchor which weighs so little compared to the ship, it safely anchors the individual's wealth and one day will anchor the fiat kite of the government's printing press.