Sure there will be a time to recapitalize producers. But not when it takes $4 of debt to generate $1 of production. What people don't remember is that the US declared bankruptcy in 1971, and the time since has been a tissue paper (FED) fantasy. This kind of mass delusional hysteria occurs every 60 years or so, when debt-money evaporates faster than it can be created. The masses remain in denial until stuffing their faces becomes painful to the wallet, and it costs a week's pay to see the superbowl. There has been no profit for 30 years. The stored wealth of America has been incinerated to build military empires (US & Soviet). The treasury has been looted, the capital has been squandered, the owners of the US government have their Swiss chalets well stocked. When you can invest a buck you have, (not a buck you borrow) and make a buck profit in a few months, that's when the cycle has bottomed. Sell the gold and buy stocks around 2015.
This gold liquidation by the IMF is a creditor forced sale. China has instructed the debt cartel to surrender the gold, a nice forward offer at $1000 per ounce. It's a done deal except for the clearing. If not surrendered voluntarily, it will be bought in the open market, thereby crashing the monopolist's precious US dollar (faster and sooner), and blowing the FED out of the water, which doesn't help either side. The Chinese are tough but they are practical. They have given the globalists enough rope to hang themselves. The new kids on the block (in NY) can't compete with thousands of years of trading expertise. All warfare (including economic) is a game of deception. Nixon though he was going to get over on these guys. hahahahahahahahaha
Investing in Platinum: Profit from South Africa's Energy Squeeze [View article]
www.platinumgroupmetal...
The link: "Western Bushveld joint venture video" is one of the most fascinating 3D geology presentations I have ever seen:
javascript:Film('platinumgroupmetals.ne...')
The Anatomy of a Bear Market [View article]
What people don't remember is that the US declared bankruptcy in 1971, and the time since has been a tissue paper (FED) fantasy.
This kind of mass delusional hysteria occurs every 60 years or so, when debt-money evaporates faster than it can be created.
The masses remain in denial until stuffing their faces becomes painful to the wallet, and it costs a week's pay to see the superbowl.
There has been no profit for 30 years. The stored wealth of America has been incinerated to build military empires (US & Soviet).
The treasury has been looted, the capital has been squandered, the owners of the US government have
their Swiss chalets well stocked.
When you can invest a buck you have, (not a buck you borrow) and make a buck profit in a few months, that's when the cycle has bottomed.
Sell the gold and buy stocks around 2015.
Gold's Golden Rule [View article]
China has instructed the debt cartel to surrender the gold, a nice forward offer at $1000 per ounce.
It's a done deal except for the clearing.
If not surrendered voluntarily, it will be bought in the open market, thereby crashing the monopolist's precious US dollar (faster and sooner), and blowing the FED out of the water, which doesn't help either side.
The Chinese are tough but they are practical. They have given the globalists enough rope to hang themselves.
The new kids on the block (in NY) can't compete with thousands of years of trading expertise. All warfare (including economic) is a game of deception. Nixon though he was going to get over on these guys.
hahahahahahahahaha