Is There Any Answer To The Rapidly Advancing Conclusion To The Biggest Financial Market Rigging Event In Our Lives?

April 26, 2010

By Jim Deeds

Any “arrogance of power” episode always concludes with our proclaimed benefactor’s statement, “I only did it for you...I know what’s best!” We heard watered down versions of this most recently from Alan Greenspan, President George W. Bush, Treasury Secretary Hank (“good as Goldman Sachs”) Paulson, Timothy (“I’m on the Goldman Team too”) Geithner, and a nice ‘ol college Prof. ... “Helicopter Ben” who serves now as head of our mysterious Darth Vader banking establishment called the “Federal Reserve” (sounds worldly, doesn’t it?). Our new demo-majority Congress and the Obama-led comrades quickly have fallen in line with “forget what the people say...they’re all dumbed-down! WE KNOW WHAT’S BEST FOR THEM!!!

And just like the old “spitfire” fighter plane I remember seeing in a steep dive as its pilot tried to break the sound barrier for the first time (in a late 1950’s movie), the pilot felt increased shakes and shivers in his aircraft.

The pilot’s last words were: “It’s buffeting...It’s buffeting!”

Today, an antiquated phony debt-based “fractional” dollar system managed by our antiquated government apparatus that oversees an opaque and totally fraudulent American monetary authority is guess what?  BUFFETING!!!

Just like the old WWII spitfire, can the total disintegration of our FED be now only moments away? In the 1950’s movie, the spitfire pilot chose to forget his parachute and “stick with the ship.” Your choice today? Stick with a dollar that may begin anew in its rapid decent in value and purchasing power... OR START “LOOKING” FOR A GOLDEN PARACHUTE!

If you decide to start looking for stronger, safer real money to replace the evaporating dollar, Tarek Saab’s recent article (4/20/2010), “Why The Gold Price Doesn’t Matter” has some good relevant thoughts and better yet, some charts comparing the gold price over the past 10 years to stock market indexes and more importantly, to “the things you and I need and use.” Compare gold as a long term store of value for your “real savings”...you’ll be surprised!

 Gold Divided by DJIA

Gold Price Divided by S&P

Are food prices rising? You bet. But the price of an ounce of gold has gone up 3 times faster, so a gold saver spends 2/3 less than a dollar saver at the grocery store

In 2001 it took 95 ounces of gold to buy the car you can purchase today for just 25.5 ounces. The buying power of gold went up 3.7 times in terms of a new car.

Change in monetary conditions creates either opportunity or disaster. It’s still your choice to decide what’s best for you next.