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They didn’t need to work all that hard to make most people more stupid and obedient.
There are even a lot of hard working people that we call “stupid” because they buy the bullshit.
That’s the sad part.
They are giving away the money to make people stupid and lazy — mission accomplished — and even more dependent on the control state (bureaucrats and oligarchs).
Welcome to full blown fascism on our way back to the feudal system — all in just a few hundred years.
Have a nice day.
Agree with you here:
“They are obviously fighting against a deflation, or why would they give money away? Gold does not need inflation to succeed”
Seems to me gold actually does better in times of deflation, and from the battle against it.
That’s what I’ve seen in my limited two decades of experience, and I haven’t learned much. 🙂
Mini drowns than can target people like a swarm of bees that can get through buildings. The movie The Birds comes to mind except they can blow holes through buildings and get in.
“and gold is under $1750? Silver is under $17.50?? ”
Comment: I’m looking at it like the experiment (from real money 1913 to fake money afterward) has resulted in too many too often various instability problems, and angry people around the world turning to local populism. Globalization failing.
Re your “Our turn now” may take a decade, and it may also take re-educating two generations of people conditioned to believe that fiat currencies have value. If pm’s ever really get going it will be the result of wealthy people and central banks that understand the monetary system.
Comment: We might be witnessing wealthy people and central banks, that understand the monetary system, buying Gold on the dips, and maybe just buying at the market, because they know the old experiment has run its course.
To me? I’ve been saying all along, they are in “panic mode” pumping jaw boning the economy since Trump got elected. They had their “everything bubble” going, it was getting toppy, and then this big suspicious, “nobody’s fault” “news event” popped up, and crashed the economy ahead of time. “Get rid it, scrap it, it ain’t working, get it over with so we can restart a new one” and nobody gets the blame.
So now, Re trillions being created and given away like circulars in our mail boxes, its looking to me like they are thinking, “Hell, we have nothing to lose, and why not take advantage of a fiat Dollar while it’s still working, before the natural coming close end of the experiment.
They are obviously fighting against a deflation, or why would they give money away? Gold does not need inflation to succeed. I’m glad I don’t have their job.
Total cases: 641 (1 newly reported)
Hawai’i County: 78
Honolulu County: 415
Kaua’i County: 21
Maui County: 117†
Pending: 0
Residents diagnosed outside of Hawai‘i: 10
Required Hospitalization: 82‡
Hawaii deaths: 17
Released from Isolation: 578§
Cumulative totals as of 12:00pm, May 19, 2020
One new case on the Big Island of Hawaii County. We’re still festering.
Doing the same thing over and over, and expecting different results?
House Dems Tell Supreme Court That They Are Preparing For A New Impeachment
but as you well know, this will be a battle. Here we are, in probably the biggest fiat money printing experiment in world history and gold is under $1750? Silver is under $17.50?? Granted, it’s better than it has been for the last 8 years or so, even with the USD strong, but hardly where it should be given the circumstances.
“Our turn now” may take a decade, and it may also take re-educating two generations of people conditioned to believe that fiat currencies have value. If pm’s ever really get going it will be the result of wealthy people and central banks that understand the monetary system. By the time the masses understand, it will be too late for them. Unfortunately, the wealthy, the Gov’ts. and the Central Banks are the greatest beneficiaries of fiat currencies, so why would they give up that power willingly? They won’t.
We are a long way from them “losing control”.
US Dollar on 72 2007: https://www.mrci.com/pdf/dx.pdf
US Dollar 100 2020: https://www.mrci.com/pdf/dx.pdf
Gold $800 2007: https://www.mrci.com/pdf/gc.pdf
Gold $1750 2020: https://www.mrci.com/pdf/gc.pdf
Bottom Line: Gold is climbing WITH the headwind Dopey/Dollar climbing. One of the TWO, is lying. Take your choice. You could say BOTH are important and BOTH are in demand. Maybe some people around the world are afraid to buy Gold, and go for Dollars. Its ok to have both.
Gold is ROARING AWAY if you figure in a US Dollar Index at 100. Its normally historically in the 80 area, on occasion when they were helping the US Economy they had it at 72.
If the Dopey/Dollar was at 72? Gold would be double what it is today.
from a major historian.
Ipso-I’d like to think MUX will play catch up, they are doing better than I expected today. Hopefully they get back above $1 before they do something really stupid like reverse split.
Mr. Copper- can’t assume yet that they’ve lost control, the moves aren’t big enough. When they’ve lost it, the moves will be triple digits. We’re not even close yet.
They are not dumb. They are really clever (not smart because they get f’d in the end as well).
They must live in their fake narratives lest they get tripped up all the time.
It’s hard enough to keep the story-line straight…especially if they talk to somebody who is not a lying sh*t bag (like them), who has the audacity to talk reality to them.
They don’t like reality being two-year olds maturity wise.
This is when they will do physical harm to you — like a two year old.
Well, maybe I’m being a little hard on them.
They are more like four-year olds generally.
Biden is regressing towards two rapidly however.
Chuckle
Let’s hope not!
Is there new developments? I hadn’t heard of anything new. At least not all of their operations are there!
My view? Why don’t we just assume they are losing control, and the past is history. The savers and producers and gold bugs always got screwed. Reverse? The savers and producers and gold bugs will be well rewarded. They deserve it.
We also have a reversal in the new type President. Totally different president non similar since 1913. We had a hundred useless counter productive, anti American crappy presidents since 1913. (except JFK)
They all did nothing. I’m glad I never voted for any of them. Only JFK and Ross Perot I supported. Reagan everybody like ’81-’89 but he did nothing for the country. No power, off shoring picked up speed, he was powerless.
And, who cares about that stupid Wall? Over in Germany 3,000 miles away. They “wheeled” the poor guy over there for show.
I am stunned by how dumb the Dems are…..why can’t Trump take HCQ…in fact when I think about it, if it is so bad then they should be buying him as much as they can and feeding it to him through a funnel, until he croaks.
Not before the commies in Argentina steal those assets.
Cheers
MUX has gotta catch up with the rest of the shares sometime. Right? Right? :-I
maybe they’re slowly running out of ammo or having to cover.
OTOH, the USD was down big yesterday and gold was down so maybe this is a make-up day.
