Loading ...to all US friends
except
the Turkeys in the White House and the Hill.
FRR
OPEC Meeting in Vienna – no cuts – seems like they rather undermine the fracking in the US
and make it obsolete by further Price Erosion. I don’t really think that’ll happen, as the global
overproduction will rapidly be soaked up by low Price.
I’m also a sceptic on the Swiss Gold vote, though I feeel any outcome will eventually prove
positive as it is another factor to remind the Folks of the real importance of having some
Kind of monetary anchor for our System of total madness creating fiat Money as debt only.
Gold is backing any asset and will ensure your liberty, privacy and insurance for your wealth,
health and “stealth” (O.Wells-1984 revisited, though far outdone).
Lastly, by professing deflationary Depression were heading towards hyper Inflation in the
West, as we won’t be able to Export our monetary induced fiat printing Inflation for much
longer. In the case of the US the hegemonial reserve “Petro” Dollar Standard is finally
obstructing itself, as the US was at war with every Major oil Producer on the globe,
calling it either war on Terror or Arabic Spring was in reality raping These countries of
their real assets. As of now now, do we know as being even their closest allies if we will
be their victims tomorrow – see the German Gold – and did we ever see a real Gold brick
st5amped, numbered and registered, approved given back to ist rightful owners – don’t
even know the Dutch miracle of 122 tons – as it seems the US Gold reserve has not only
been ever officially audited since 1952 – it seems to have simply vanished.
Vanished to the Gold heaven, the Ozzies, Canucks and the UK have departed from most
of their Gold reserves (id est barbarous relics, though in essence to get a return on their
assets – selling between 250 t0 350 $/oz of Gold is what I’ call is a real big fat return in
my opinion 0f up to 400 t0 800 …negative percent … so what’s that compared to only
real negative interest rates of about 2%. But the there’ve been others. The Swiss, the
IMF, talking about double counting as ist Gold is just pledged by ist members.
…..