Archive for September, 2009

Silver Moves from $14.90 to $16.23 over the Past 3 Days!

Precious metals investors are familiar with the old adage,

Go away in May and come back after Labor Day.

Price movements for gold and silver are usually sluggish during the Summer months, with Labor Day marking the beginning of the next bullish move.

With Labor Day fast approaching, this adage certainly rings true, as silver prices have moved from $14.90 to $16.23 in the past three days!

Coincidentally, many analysts have predicted that, starting near the end of 2009 (Yes, we are almost there!) and through 2010 and beyond, the hyperinflation, which will be the ultimate result of the Fed’s creation of massive amounts of new unbacked money, will likely begin to show its ugly head at the marketplace.

As inflation goes up, the dollar goes down, and the precious metals gold and silver go ballistic!

Not coincidentally, I read the following headline today,

Chinese sovereign wealth fund dumping dollars for strategic investments like gold.

Reports suggest that China’s main sovereign wealth fund and other state entities are under pressure to invest in strategic Western assets as the country tries to offload its dollars for firmer-based wealth including gold and oil.  (Mineweb.com)

Folks, this is the beginning! These are only the birth-pangs. If you haven’t moved your dollar assets into physical gold and silver yet, now is the time to back up the truck and load up!

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The End is Near!

The Mayan Calendar will end Dec. 21, 2012, which will coincide with a major astrological event–the alignment of the Earth, Sun and center of the Milky Way Galaxy. Some people claim that this forebodes the end of the world, (do an Amazon.com book search for “2012” to get an idea of the number of books that have been published on this subject.)

In his excellent book, The 2012 Story: The Myths, Fallacies, and Truth Behind the Most Intriguing Date in History, John Major Jenkins says that more likely what will happen in 2012 is that the world as we know it will end, or in other words there will be a huge transformation. The post-2012 world will be a lot different from the world as we know it today!

Coincidentally (or maybe not?) the next US Presidential election will be held on Tuesday, November 6, 2012,  just 45 days prior to this significant celestial event.  The 2012 presidential election will coincide with the US Senate elections where 33 races will be occurring as well as the US House of Representatives elections to elect the members for the 113th Congress. The election will also encompass eleven gubernatorial races as well as many state legislature races.

Now consider for a moment that a “huge transformation” for the world can be good, and it can be bad. But I’m afraid that, considering the direction in which Obama has been leading this country, there is plenty of danger that it will be very bad! (See previous post, Fascism Has A New Face.)

As we have seen in a previous post, Obama has made it perfectly clear that he is willing to sacrifice the dollar in order to achieve his social agenda, and to bail out his friends in Wall Street and the international banking cartels. This is done on the backs of the poor and middle class, who pay through the hidden tax of inflation. As hyperinflation collapses the dollar, we know that gold and silver prices will soar.

Coincidentally (or perhaps not) gold and silver prices move through a 9-year cycle (some claim an 8-year cycle) which will also coincide with the 2012 event. So events are coming together for an historical surge in gold and silver prices. I am not predicting that gold and silver prices will peak in 2012, but rather that this could be the start of a parabolic run that could last for years. How high will gold and silver prices go? Measured in dollars, the prices of these metals will eventually approach infinity, for when the dollar totally collapses, its value will approach zero!

When that happens, would you rather be holding dollars or precious metals?

The End is Near! The End of the Dollar that is!

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