The SLV and GLD ETF's are apparently another clever device created by greedy bankers to give people the false feeling of ownership of real money and value, which apparently is eroded by sales of the bullion to pay fund manager expenses... Just another expample of dilution and inflationary policies, but repackaged differently.
Bankers have always been very interested in seperating the general public from real money (gold/silver in their own possession), while programming them to believe that paper is money. With the latest "Mother of All Bailouts" happening to protect the rich real estate speculators and failed GSE equity stock-holders (not the little guys trying to prevent foreclosure of the only house they own and live in)...
The Federal Reserve Board Banksters have taken complete control of US monitary policy, although they are not truly a Federal governmental agency and there is not really any Reserve... It's just a Board of Greedy Bankers, in business, of, by, and for themselves. They apparently are allowed to get away with stealing from the productivity of American workers through a silent and insidious tax upon earnings and savings, that they do not have to get any kind of permission from our Representatives in Congress to decide upon. The inflation they create by printing "money" out of thin air with paper and ink at their own disgression destroys the value of exhisting dollars, wages, and savings, and affects us all in ways most Americans don't have a clue about and can not even conceive.
I can already hear those Printing Presses pumping at turbo-overdrive day and night printing (mainly the high denomination variety $100 Notes and perhaps $1000 Notes, which cost the same to manufacture as the $1.00 variety). Gold and Silver ETF's are much the same, in that they reduce by ignorance the demand for real Gold and Silver decentralized ownership, thus having downward pressure on the metals and mining companies... that is, until the fiat bubble bursts and Americans and other people around the world suddenly wake up in what resembles a bananna republic where hyper-inflation has kicked into overdrive, creating the emminent upcoming Gold and Silver Bullion, Coin, and Mining Company Equity Rush. By the time most people figure it out, their stocks and "dollars" will be accelerating downward to worthlessness, and it will be too late for them to exchange their paper "money" for the real deal.
I like the upward leverage of the long gold DGP, especially right now before the inflationary effects of The Mother of All Bailouts and simultaneous turbo-overdrive of the Treasury's Printing Presses printing out loads of high denomination Federal Reserve "Notes" (or just "notes", since it's not really federal and there's no reserve).
My suggestion to anyone that likes GLD or SLV ETF's at least switch to a leveraged ETF like DGB now, and ride the rocket upward for a while, but know when to "get out" and cash in your earnings, converting it to REAL MONEY (GOLD and SILVER) before the government authorized fiat system of silent insideous theft is discovered by the masses, who themselves will soon be seeking to get their own hands on some REAL MONEY, exchanging what's left of their Federal Reserve "Notes" they still possess for it, regardless of how worthless they have become. The real rate of inflation is already in hyper-devaluation mode, as any person living in the real world can feel as measured by the MISERY INDEX of real inflation (the official inflation numbers we are fed + the F's: Food and Fuel).
I suggest that while GOLD is currently at six month lows, but on an overall upward bullish uptrend... Ride DGP upward, then when you have doubled your investment in it, take half out and convert it into real GOLD (and keep riding it upward), or better yet, convert earnings to "Junk" SILVER COINS, as silver is tremendously undervalued at more than a 50-1 Silver/Gold ratio. When the Constitution of the USA once meant something, A "DOLLAR" was constutionally/legally one ounce of Silver or 1/20th an ounce of Gold (thus the $20 One Ounce Liberty). The awakening of the masses to the difference between FIAT currency (fake) and real money (Gold/Silver) is coming, and likely, sooner rather than later due to...
THE MOTHER OF ALL BAILOUTS (American Socialism at it's best)
Right now would also be a very good time to find/buy stock in A Junior MINING CO (they're extremely undervalued) that's found a MOTHER LODE of SILVER, COPPER or GOLD... Sit on the Mother Lode of Real Money, or even whatever you can afford to get NOW...
Then wait for the Coming Tsunami of Global Inflation that will soon trigger - THE GREATEST GOLD RUSH HISTORY HAS EVER SEEN.
-
The SLV and GLD ETF's are apparently another clever device created by greedy bankers to give people the false feeling of ownership of real money and value, which apparently is eroded by sales of the bullion to pay fund manager expenses... Just another expample of dilution and inflationary policies, but repackaged differently.
Jul 26 15:36 pm
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All Comments by Ultra PowerX ETF »The Silver ETF: Flawed Design, Questionable Investment (SLV, GLD, IAU) [View article]
Bankers have always been very interested in seperating the general public from real money (gold/silver in their own possession), while programming them to believe that paper is money. With the latest "Mother of All Bailouts" happening to protect the rich real estate speculators and failed GSE equity stock-holders (not the little guys trying to prevent foreclosure of the only house they own and live in)...
The Federal Reserve Board Banksters have taken complete control of US monitary policy, although they are not truly a Federal governmental agency and there is not really any Reserve... It's just a Board of Greedy Bankers, in business, of, by, and for themselves. They apparently are allowed to get away with stealing from the productivity of American workers through a silent and insidious tax upon earnings and savings, that they do not have to get any kind of permission from our Representatives in Congress to decide upon. The inflation they create by printing "money" out of thin air with paper and ink at their own disgression destroys the value of exhisting dollars, wages, and savings, and affects us all in ways most Americans don't have a clue about and can not even conceive.
I can already hear those Printing Presses pumping at turbo-overdrive day and night printing (mainly the high denomination variety $100 Notes and perhaps $1000 Notes, which cost the same to manufacture as the $1.00 variety). Gold and Silver ETF's are much the same, in that they reduce by ignorance the demand for real Gold and Silver decentralized ownership, thus having downward pressure on the metals and mining companies... that is, until the fiat bubble bursts and Americans and other people around the world suddenly wake up in what resembles a bananna republic where hyper-inflation has kicked into overdrive, creating the emminent upcoming Gold and Silver Bullion, Coin, and Mining Company Equity Rush. By the time most people figure it out, their stocks and "dollars" will be accelerating downward to worthlessness, and it will be too late for them to exchange their paper "money" for the real deal.
I like the upward leverage of the long gold DGP, especially right now before the inflationary effects of The Mother of All Bailouts and simultaneous turbo-overdrive of the Treasury's Printing Presses printing out loads of high denomination Federal Reserve "Notes" (or just "notes", since it's not really federal and there's no reserve).
My suggestion to anyone that likes GLD or SLV ETF's at least switch to a leveraged ETF like DGB now, and ride the rocket upward for a while, but know when to "get out" and cash in your earnings, converting it to REAL MONEY (GOLD and SILVER) before the government authorized fiat system of silent insideous theft is discovered by the masses, who themselves will soon be seeking to get their own hands on some REAL MONEY, exchanging what's left of their Federal Reserve "Notes" they still possess for it, regardless of how worthless they have become. The real rate of inflation is already in hyper-devaluation mode, as any person living in the real world can feel as measured by the MISERY INDEX of real inflation (the official inflation numbers we are fed + the F's: Food and Fuel).
I suggest that while GOLD is currently at six month lows, but on an overall upward bullish uptrend... Ride DGP upward, then when you have doubled your investment in it, take half out and convert it into real GOLD (and keep riding it upward), or better yet, convert earnings to "Junk" SILVER COINS, as silver is tremendously undervalued at more than a 50-1 Silver/Gold ratio. When the Constitution of the USA once meant something, A "DOLLAR" was constutionally/legally one ounce of Silver or 1/20th an ounce of Gold (thus the $20 One Ounce Liberty). The awakening of the masses to the difference between FIAT currency (fake) and real money (Gold/Silver) is coming, and likely, sooner rather than later due to...
THE MOTHER OF ALL BAILOUTS (American Socialism at it's best)
Right now would also be a very good time to find/buy stock in A Junior MINING CO (they're extremely undervalued) that's found a MOTHER LODE of SILVER, COPPER or GOLD... Sit on the Mother Lode of Real Money, or even whatever you can afford to get NOW...
Then wait for the Coming Tsunami of Global Inflation that will soon trigger - THE GREATEST GOLD RUSH HISTORY HAS EVER SEEN.