Close X Cookies are necessary for the proper functioning of 24hGold.com. By continuing your navigation on our website, you are accepting the use of cookies.
To learn more about cookies ...
EnglishFrench
Gold & Silver Prices in

Obama Victory: What It Means For the World

IMG Auteur
Published : November 20th, 2012
699 words - Reading time : 1 - 2 minutes
( 5 votes, 3.4/5 )
Print article
  Article Comments Comment this article Rating All Articles  
0
Send
0
comment
Our Newsletter...
Category : Opinions and Analysis

 

 

 

 


I was on vacation during “Election Week,” so I didn’t start writing about the earth-shattering decisions made on November 6th until last week. I did so in essentially all my commentaries, but never a condensed RANT topic. Normally, I wouldn’t devote a RANT topic to rehashing older commentary; but as this topic is so incredibly important, I made an exception.


For the past month, I have written of how Bill Clinton’s 1992 campaign slogan “it’s the economy, stupid” has grotesquely morphed in the ensuing two decades. In other words, what used to imply the voting out of incumbents, now infers one must vote for the most socialistic regime – no matter who runs it.


Now that the nation, its municipalities, and citizens are in equally dire financial straits, the hope of a fresh start with a new administration no longer exists. Too much debt, the outsourcing of millions of jobs, and expanding public apathy have permanently destroyed the possibility of what Obama’s first campaign was based on; to the point that “Hope and Change” was completely abandoned this time around…




In my view, Obama’s re-election – and equally important, the maintenance of a Democratic Majority in the Senate – is a rousing plea by Romney’s “47%” to be saved from poverty, homelessness, and destitution. In other words, a mandate to “take our rights, murder innocent civilians, repeal capitalism, and hyperinflate the currency – so long as the food stamps, welfare checks, and sundry entitlements keep coming. These were not the only reasons people didn’t elect Romney; however, in my view, they were the biggest.


It didn’t help that Romney was a mega-rich banker whose business took apart companies like Richard Gere’s in Pretty Woman; or, that his campaign was pay-rolled by a “who’s who” of public enemies


Top Contributors to Mitt Romney – 2012


…and although many Republicans deny it, the bad taste left in America’s mouth by the oppressive “neo-Con” regime of the 2000’s – they of the fraudulent “Weapons of Mass Destruction” – certainly hasn’t left the nation thirsting for more.


Perhaps if the Republicans had put up “their own Obama”; that is, a charismatic demagogue with the ability to electrify crowds with rhetoric (read, 1930s Europe) – the outcome may have been different. However, even an Obama scarred by four years of abject FAILURE came across more genuinely than Romney; particularly when – as noted above – he offered more entitlements. In fact, Obama could likely have garnered more votes if he simply utilized a campaign platform of “it’s the entitlements, stupid!”


Irrespective, the END GAME of global economic implosion and currency collapse is “set in stone,” regardless of which party is in charge. In the coming weeks, this DEATH SENTENCE will be viewed “front and center” by the ENTIRE WORLD, as the upcoming “fiscal cliff” and “debt ceiling” fiascos demonstrate a new, “UNPRECEDENTED” level of bipartisan futility.


If the Republicans had been victorious, the only difference I could have envisioned in this “script” is that Romney would likely have put up a brief false-front of “conservatism”; enabling politicians, citizens, and financial markets to temporarily believe in a new brand of misguided “hope and change” – which of course, would never materialize.


As for the present, it’s ALL SYSTEMS GO for socialism, militarism, and blind disregard of the Constitution; that is, what’s left of it. And oh yeah, unfettered “monetization” by Helicopter Ben; who appears hell-bent on catching up to Japan’s “QE9” as fast as possible. Of course, he has NO CHOICE – as he must “inflate or die”; or more realistically, inflate and die.”


As I wrote Friday, the nation’s politicians, businesses, and citizens cumulatively have a penchant to do what’s “WORST FOR AMERICA, but BEST FOR PRECIOUS METALS”; and last week’s elections proved that point in spades. I expect the next four years to be the worst in America’s history – on nearly all fronts; and care of the ENTIRE WORLD’S inescapable ties to the “world’s reserve currency,” it, too, will suffer untold hardship.


That is, until financial markets FORCE the inevitable end of the destructive FIAT CURRENCY REGIME; forcing a systemic, global “reboot” – utilizing REAL MONEY.


PROTECT YOURSELF, and do it NOW!



 

 

Data and Statistics for these countries : Japan | All
Gold and Silver Prices for these countries : Japan | All
<< Previous article
Rate : Average note :3.4 (5 votes)
>> Next article
Andrew Hoffman was a buy-side and sell-side analyst in the United States (including six years as an II-ranked oilfield service analyst at Salomon Smith Barney), but since 2002 his focus has been entirely in the metals markets, principally gold and silver. He recently worked as a consultant to junior mining companies, head of Corporate Development, and VP of Investor Relations for different mining ventures, and is now the Director of Marketing for Miles Franklin, a U.S.-based bullion dealer.
Comments closed
Latest comment posted for this article
Be the first to comment
Add your comment
Top articles
Latest Comments
Can a government surplus cause the economy to tank?
18 Auggfs543
Your dissection is incisive, Steve. You weren't refuting just this one writer. You were beating up on popular Keynesian fallacies.
Can a government surplus cause the economy to tank?
17 AugDRGEORGE
Thank you very much for that Steve. But please just don't 'leave it there'. The author of that article apparently intends to expand on that bullshi...
Smoke and Fire
16 Augaccording0
some things happen without collusion do you think that the stupid little rats of blm and antifa dont get paid to help wreck our socie...
Smoke and Fire
16 Augaccording0
James. Even a believer has to leave Zoar before he starves to death. Kudos for having the fortitude to write this.
The Folly of Democratic Socialism
16 AugFalconflight
It this Amerika, I reference it as Krony Socialism.
Stock Market Correction Hasn’t Begun to Begin! It Will (And North K...
16 AugJ.
This bubble has been deemed TBTP (Too Big To Pop). Central banks have outright said in public that they will do "whatever it takes" to prevent it....
GM Tests Fleet of 46 Robocar Taxis in SF: Driverless Car Timeline P...
15 AugDRGEORGE
Correct, correct, correct. And insurance will indeed be the major driver to widespread adoption. But why do I get aggressive scepticism or blank lo...
Smoke and Fire
15 AugThe Recusant-1
Before relegating every demonstration, anti-Trump action, and political headline to some conspiratorial element of the left, you might want to just...
Most commented articlesFavoritesMore...
World PM Newsflow
ALL
GOLD
SILVER
PGM & DIAMONDS
OIL & GAS
OTHER METALS