First Strike Capability: Gold or War

- Gold is the perfect debt extinguisher. To remove the debt burden on countries, all governments need to do is to revalue the price of gold many folds higher. But first they have to accumulate physical gold and lots of it.
– - Part of the endtimes plan for the ushering in of the Anti-Christ, as I understand it, is that he will solve the global economic and financial crisis; and bring about a period of (3.5 years) prosperity. And how ill he do it? The plan is via gold price revaluation and debt forgiveness.
– - When the price of gold goes up say 100x (or whatever multiple necessary), governments’ physical gold holding amount will increase in value by 100x. The countries are now richer and debt is no longer a problem. Debt forgiveness for the sheeple is easily achieved.
– - First Strike Capability: Gold or War
by Gary Christenson, http://deviantinvestor.com/
We’ll circle back to the first strike later. Let’s frame the problem:
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The War on Cash: Charles Hugh Smith brings clarity to the issue:
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“Why are governments suddenly so keen to ban physical cash? The answer appears to be that the banks and government authorities are anticipating bail-ins, steeply negative interest rates and hefty fees on cash, and they want to close any opening regular depositors might have to escape these forms of officially sanctioned theft. The escape from bail-ins and fees on cash deposits is physical cash, and hence the sudden flurry of calls to eliminate cash as a relic of a bygone age—that is, an age when commoners had some way to safeguard their money from bail-ins and bankers’ control.”
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“The benefits to banks and governments by eliminating cash are self-evident:- Every financial transaction can be taxed
- Every financial transaction can be charged a fee
- Bank runs are eliminated”
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- There is a cliff dead ahead: Charles Hugh Smith
“Investors in stocks, bonds, and real estate are being herded off the cliff by the Federal Reserve. The name of the game in the New Normal is to force investors large and small into risk assets. When the risk assets blow up, the herd plunges headlong over the cliff en masse.”
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Officially Sanctioned Nonsense:
From the Wall Street Journal and the IMF:
“The wisest course for some countries – the U.S. among them – would be to do nothing at all to reduce their debt burdens.”
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A Drastic Need For “Greater Fools:”
From the Burning Platform and John Hussman:
“When everyone on Wall Street is using the same algorithms in their HFT supercomputers, and John Q. Public isn’t even in the market, who will these supercomputers sell to when they all get the sell signal at the same time?”
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“Investors have responded to zero interest rates by driving stock valuations up to the point where expected market returns over the coming decade are also zero.”
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“Once market internals have deteriorated, the exit rule for bubbles is that you only get out if you panic before everyone else does.”
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“Frankly, history suggests that a rather ordinary completion to the present market cycle would involve the S&P 500 losing more than half of its value.”
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read more.
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