Putin learned that tactic from Obama when Obama lied to American citizens by saying, re ObamaCare: “You want your health insurance? You can keep your health insurance.” Now, millions of Americans are without any health insurance. Take heed Europe.
Germany could play a leadership role, or more of one were it not for Angela Merkel. There is growing unrest in Germany, a smart nation currently being led by a not so smart Chancellor, too slow in recognizing the shifting balance of powers that are increasingly against any U S Third Reich mentality. The German business community is not about to let their political leaders destroy that nation from within, as Reagan, Bush Clinton, Bush, and Obama have in the elite Fascist-entrenched US.
As Germany goes, so goes the rest of Europe, and if Germany balks at taking a leadership role, which means severing its umbilical relations with the US, smaller nations will bolt to the BRICS side as a last resort move in a desperate attempt at self-sovereign preservation. In the end, Germany will likely turn to the East and forsake the insidious ways of the West. It is too great a nation to allow itself to become so marginalized by the US, even though it was the incubator for the Rothschild rise to world dominance and the genesis of all that is wrong in the world, today.
The upshot is, for as hard as Obama has been beating the drums of war, sending over military troops, “advisors,” and war ships, the tides of change may have left the US military threat real, but with less ability to follow through. Russia will be backed by China, India, and other nations building both gold reserves and a business infrastructure designed toward financial stability and growth. When you throw in the fact that the European nations may draw a financial and economic line they will not cross, the US will become totally isolated, save Poland and a few other sycophant nations that do not have any significant bearing, [hear that UK?].
For these reasons, war may not be as looming as it appears should, as the German businessmen suggest, “common sense prevail.” Based on the lack of PMs response to the ongoing potential for war, smart money does not seem overly concerned.
The ever fraying Paper Tiger,[ironic that it comes from China, zhǐlǎohǔ (紙老虎)], may be meeting its Ukrainian Waterloo. Instead of being provoked into war, Putin is remaining in the background, knowing that IMF promised loans will wreck Western Ukraine, and that all Eastern eyes are watching the eventually disastrous outcome that will have the Ukrainians scrambling back into its Russian sphere.
Like Iraq, Afghanistan, Egypt, Libya, wherever “democracy” is spread, like a plague, the results are a country left in ruin. Poor Ukrainian citizens for listening to the siren call of the Financial [We-will-gut-your-country] West, for it has already been faring poorly for them.
If you have gold and silver, you have the best odds of surviving the impending collapse of the United States as we all know it. It will be sad for Americans, just as it is unfortunate for Ukrainians, Cypriots, Greeks, Irish, Spanish citizens, all suffering for the sins of their governments. All take pride in their national heritage. Our point is that national pride is separate and distinct from the governments that run [ruin] it for The People.
The die is cast. The US dollar will die. Much of the rest of the world will move on and recover. The United States will not. Its de facto government has misled The People for well over 100 years. Few in the United States have any idea of what is to come. Some will be better prepared than most, and those who are better prepared are the owners of gold and silver.
The purpose of this article, and recent ones on this topic, is how the prices for gold and silver will not be rallying significantly until the resolve of the devolving West plays out, or at least that of the increasingly dysfunctional de facto federal government, vastly different and distinct from the people living within the country.
It is silly for anyone to lament over the higher prices paid for acquiring what gold and silver they have. Price is irrelevant. How many times must this be said? Each day brings us closer to the consequences of a Federal Reserve-dictated government that overspent and misled the world, not just its citizens.
Those who choose to remain within the banking system do so at their own peril. Those who say, “What other choice do I have?” have chosen not to make an alternative one, for they are not willing to think for themselves. If they were to be a part of a herd mentality, which they are, and could see the herd heading for a cliff that leads to certain financial death, would seeing the inevitable results of not leaving the path of the herd prompt them to make a different choice, or would they continue to say, “What choice do I have, I am going to go over the cliff with everyone else.”?
Hard to understand people who choose not to choose.
One choice that is essential is the ongoing purchase of the physical metals at these absurdly low prices, unlikely to be seen again for several generations to follow. We are all on the cusp of historical changes that will alter the geopolitical landscape for the next several decades. To be concerned about where price is for the physical makes little sense. What makes the most sense is to be amply prepared for what is certain to come.
Our take on the charts for gold and silver:
The monthly chart is just 1/3 of the way through, but it is always worth having awareness of it for context. There is still a lot that bulls must overcome once a low is confirmed. The comparison between the two most recent corrections is an interesting one. So far, price has not made much progress to the downside, especially after the sharp volume increase on the decline three weeks ago. The lack of any lower follow-through is worth noting.
There is symmetry between the monthly and weekly evidenced by price moving laterally over the past seven weeks. Except for a higher close, five weeks ago, there is a clustering of closes. This is the market engaging in a resting spell before continuing lower, or in preparation for a turn to go higher.