Chart usGOLD   Chart usSILVER  
 
Food for thought
The years teach much which the days never knew
Emerson  
Search for :
LATEST NEWS  :
MINING STOCKS  :
Subscribe
Write Us
Add to Google
Search on Ebay :
PRECIOUS METALS (US $)
Gold 1359.60-27.44
Silver 22.25-0.41
Platinum 1451.52-31.48
Palladium 735.25-1.25
WORLD MARKETS
DOWJONES 15354120
NASDAQ 349934
NIKKEI 15138101
ASX 516016
CAC 40 400122
DAX 839828
HUI 246-10
XAU 97-3
CURRENCIES (€)
AUS $ 1.3162
CAN $ 1.3193
US $ 1.2827
GBP (£) 0.8461
Sw Fr 1.2479
YEN 132.4800
CURRENCIES ($)
AUS $ 1.0284
CAN $ 1.0279
Euro 0.7796
GBP (£) 0.6594
Sw Fr 0.9728
YEN 103.1300
RATIOS & INDEXES
Gold / Silver61.11
Gold / Oil14.16
Dowjones / Gold11.29
COMMODITIES
Copper 3.300.01
WTI Oil 96.020.86
Nat. Gas 4.060.13
Market Indices
Metal Prices
RSS
Precious Metals
Graph Generator
Statistics by Country
Statistics by Metals
Advertise on 24hGold
Projects on Google Earth
In the same category 
The Worst for America, Best for Precious Metals
Published : November 19th, 2012
455 words - Reading time : 1 - 1 minutes
( 7 votes, 4.4/5 ) Print article
 
    Comments    
Tweet

 

 

 

 

 

Throughout my “TEN YEARS OF HEAVEN AND HELL,” several ironclad “mantras” have guided my thought process. Some emanated from sages like Richard Russell and Jim Sinclair, who coined the prescient terms “Inflate or Die” and “QE to Infinity,” respectively – circa 2003.

 

Additionally, I created several of my own; one of which – “manipulation will be worse each day” – I have shared before. I’m not sure if I’ve written of today’s RANT topic before; but if not, here goes – “America’s leaders will ALWAYS do what is worst for the country, but best for Precious Metals.”

 

Not that PMs require “help” from incremental in the political, economic, or social outlook. However, in EVERY possible situation, one can ALWAYS be sure PM-bullish factors will be accelerated when politicians make major decisions. A perfect example is the Supreme Court’s recent decision to uphold Obamacare; wherein, a recently appointed Republican Chief Justice was the deciding vote…

 

S.C.O.T.U.S. TURNS THE U.S.A. TO R.U.S.S.I.A.

 

Another such decision was not only Obama’s re-election, but maintenance of the Democrat’s Senate majority; PLUS, an actual increase in its House representation. Not that the Republicans will ultimately act any differently than Democrats. However, I ASSURE you their rhetoric would have been vastly more “conservative” in the near-term; that is, until they actually had to make a key fiscal DECISION.

 

In the big picture, NOTHING regarding the ultimate destination of the economy, dollar, or Precious Metals is contingent on which party has the upper hand. However, with Obama’s socialists firmly in charge, the path to inevitable FINANCIAL ARMAGEDDON has clearly gotten much shorter.

 

As for doing what’s worst for America, but best for PMs; we are about to be “treated” to the coup de grace, amidst the upcoming “fiscal cliff” debates of the coming six weeks. Or, as I recently put it, the “CLIFF DIVE” discussions.

 

As noted in “CLIFF DIVE,” there are ZERO “solutions” to the fiscal cliff issue. No matter what is agreed upon will be MASSIVELY bearish for the U.S. – and WORLD – economy; so much so, it may just be the event that catalyzes the END GAME of GLOBAL CURRENCY COLLAPSE.

 

If truth be told, the oxymoronic Budget Control Act of 2011 – in its current form – is more than enough to IMPLODE the global economy and financial markets. However, I think we ALL know it won’t be maintained as such. More likely, it will be severely diluted – if not completely repealed; setting the stage for imminent HYPERINFLATION, particularly if coupled with simultaneous “DEBT CEILING TO INFINITY” and/or “QE4” announcements.

 

Irrespective, the only thing we can be SURE of, is Congress will enact what’s “WORST FOR AMERICA,” but “BEST FOR PMs.”

 

PROTECT YOURSELF, and do it NOW!

 

 

 

 

Data and Statistics for these countries : Russia | All
Gold and Silver Prices for these countries : Russia | All
Tweet
Rate :Average note :4.4 (7 votes)View Top rated
Previous article by
Ranting Andy
All articles by
Ranting Andy
Next article by
Ranting Andy
Receive by mail the latest articles by this author  
Latest comment posted for this article
Be the first to comment
Add your comment
TOP ARTICLES
Editor's picks
RSS feed24hGold Mobile
Gold Data CenterGold & Silver Converter
Gold coins on eBaySilver coins on eBay
Technical AnalysisFundamental Analysis
Get Investor Information
High Desert Gold
Select
& click

Ranting Andy

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.
Ranting Andy ArchiveWebsite
Most recent articles by Ranting Andy
5/18/2013
5/16/2013
5/16/2013
5/15/2013
5/14/2013
All Articles
Comment this article
You must be logged in to comment an article8000 characters max.
 
Sign in
User : Password : Login
Sign In Forgot password?
 
Receive 24hGold's Daily Market Briefing in your inbox. Go here to subscribe or unsubscribe.
Disclaimer