The Princess Knows and so Does the Prince. Gold or Volumes of Books Written Promising it. Oh yeah, Gold never stopped being money and neither did silver.
When it comes to knowing true value we need only look to the Princess. If you were a prince would you rather have a princess adorned in beautiful gold jewelry, a princess angry because you didn’t give her enough gold, or books written about how some day you’ll give the princess more jewelry.
The point is, that little bits of paper backed by promises governments will never be able to keep are simply not the same as real treasure.
Put a child in a room with stacks of paper money and pile of gold dublooms and ask them where the treasure is. I think you know the answer.
As much as the big paper mills claim their little bits of paper and computer read outs are worth every bit as much as real treasure, real money, the fact remains that what is real money has and remains Gold and Silver.
The effort to make all of you believe that gold and silver is not money has been a long term continuous campaign of propaganda, manipulation, deception and in my opinion brinkmanship.
None the less, the incorruptible remains uncorrupted and for all the card shell, cheap trick, phony baloney treasury these clowns are constantly pulling off, there paper is not real money and its going down no matter what they say, do or think and the truth remains that promises written on paper are only as good as the credibility of the promise maker. Given the history of US finance industry and the damage of their hundred of Trillions of dollars in virtually unregulated OTC derivatives “paper” more like “screen entries” have caused and may well portend, use these nice pull backs to put some actual (physical) treasure in the vault and actually “bank” on holding the value of your money over the long haul while the paper stuff goes through its burn cycle.
Yes, there will be ups and downs as the “monetary authorities” and their financial holding companies once called banks or brokers expertly play their games of manipulation but know it is manipulation and use it to advantage to buy gold. Today would be a perfect day for the Chinese to pick up the rest of the IMF gold because if they don’t I would expect India to pick it up.
Filed under Uncategorized by on Dec 7th, 2009.
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