Oils recent drop below $50 has destroyed the 42 year standing ratio of gold to a barrel of oil, 15:1 which has been the norm since the 1972 gas rationing! Such news, one would surmise, might send gold below $800 and other commodities as well similar to coppers most recent price decline. Yet now we […]
“When plunder becomes a way of life for a group of men, they create for themselves, in the course of time, a legal system that authorizes plunder and a moral code that glorifies it.” Frederic Bastiat Yet another country has requested that their gold be repatriated from the United States! Netherlands was the newest nation […]
The deficit has now surpassed $18 T and we will pay through toil, taxes or theft. The U.S. debt will reach $28 trillion by 2018, in just three years. Our government and the Fed are out of ideas, no one is buying U.S. treasuries anymore, no amount of taxes will be enough and they desperately […]
“I never did give them hell. I just told the truth, and they thought it was hell.” Harry S. TrumanThe IRS walks into a little unknown restaurant in Iowa and announces that they have confiscated the owner’s bank account of $33,000, a little old lady’s life savings! Today a little known law allows your government […]
“If you want to remain slaves of the bankers and pay the costs of your own slavery, let them continue to create money and control the nation’s credit.”– Sir Josiah Stamp Unfortunately, the gold bugs today cannot keep inflation down by buying gold and silver thus removing a portion of excess dollars from the U.S. […]
How long and how many times can people be fooled? Remember George Bush’s famous blunder quote, “Fool me once shame on, well you know you can only fool me once.” Wrong, the populace can be fooled and robbed over and over again as they invest in a fake stock market, sold over valued housing, accept […]
Here is a graph showing the price of gold FINALLY reaching GOLD’s “Long Term Line of Support” for London PM Gold! One would expect that gold would begin its upward climb but usually the “Masters of Manipulation” step in to quell gold’s direction. Now we will just have to sit back, watch the “big shoe” […]
Karl Marx once said, “Hegel remarked somewhere that all great, world-historical facts and personages occur, as it were, twice. He forgot to add: the first time as tragedy, the second as farce!”Georg Hegel was a German idealist and philosopher and although I do not accept Marxist ideals I recognize the truth of his statement in […]
WhyNotGOLD.com has increased our trading hours on Sun. from 4-9 pm and Mon. thru Thur. 7-9 pm and as usual Fri. 7-4 pm. Now customers may place trades during evenings and take advantage of Eastern market prices in Sydney, Tokyo, Singapore, Zurich and London. I just returned from the annual Freedom Fest 2014 “Is Big […]
Americans report feeling anxious and depressed about the lives they are living today. What they are actually feeling is ‘hyperinflation’ defined as a large increase in the money supply not supported by gross domestic product (GDP) growth. The results are an imbalance in the supply and demand for the money and left unchecked causes prices […]