Last week, I was sent an email asking when will be the appropriate time to sell
PHYSICAL gold and silver. After all, the goal is ALWAYS to “buy high”
and “sell low,” isn’t it? Actually, that’s a trick question, as “buy
high/sell low” only pertains to investments
– NOT savings.
Given that PHYSICAL gold and silver represent REAL MONEY, they should decidedly be classified as
the latter.
Throughout the recent Cartel bombing,
calls for the “end” of the PM bull have been shrilly cried by the “evil troika” of Washington,
Wall Street, and the MSM. But why wouldn’t they; as gold and silver are
the mortal enemy
of their fiat-generated power base? For my entire “TEN YEARS (soon to be eleven) of
HEAVEN AND HELL” this process has been ongoing; with each
successive episode occurring amidst a still
more bullish PM landscape. Thus, clearly “WHEN TO SELL
PRECIOUS METALS” is not now.
In the past, I have given “price targets” for gold and silver. However,
unlike stocks, bonds, and other PAPER investments, they are not dependent on future
scenarios. Instead, I have simply calculated the amount of published money supply and published gold reserves,
and did the division. In other words, they are set in stone; particularly
as FAR MORE money has been printed than disseminated…
Audit of the Federal Reserve
Reveals $16 Trillion in Secret Bailouts
…and FAR LESS gold is at Fort Knox than purported…
Ron Paul worries Fort Knox gold is gone
Thus, my “price target” of $15,000-$20,000/oz
for gold – NOW – is likely vastly
too low; as well as my silver “target” of $1,000-$4,000/oz…
“THE ULTIMATE QUADRUPLE TOP
BREAKOUT”
Irrespective, my goal is not to “sell” my PHYSICAL gold and silver at
those prices – or any
dollar-based price, for that matter – until the dying GLOBAL FIAT CURRENCY
SCHEME implodes; which it surely will, as fiat currency is a proven Ponzi scheme…
The End of the Fiat Money Era: The
Real Ponzi Scheme
I have no idea when
or how the “game”
will end; but just as night follows day, Gold Standards ALWAYS follow fiat
regimes…
Research Shows ALL Fiat Paper Money Systems
Eventually Fail
When it does, it’s IMPOSSIBLE to know how the world will transition to REAL MONEY;
only that it WILL! Thus, to those owning
PHYSICAL gold and silver; relax, as you have already won. And for
those that don’t, the recent Cartel attacks provide the perfect opportunity to…
Read
the Tuesday Afternoon Wrap-Up for 2/19/2013 and the Wednesday Morning
Commentary for 2/20/2013
