Governments
all over the world need control: they need control over "their"
people, they need control over "their" money supply, and through this
control they can grow their power and ability to dictate our everyday lives.
Everyone
is born under a system of control in today's modern world. Arguably, for most
of history, it has been this way. Sure, we are given freedoms as long as we play
within our specifically defined set of rules, but just try to break these rules
and watch how quickly the hammer comes down on top of your head.
This
is exactly what we have witnessed on October 1st, within the Catalan region of
Spain, who voted
OVERWHELMINGLY,
92.1% in fact, to exit Spain and become independent
. This was a nonviolent,
democratic process, by a set of people of a specific region, yet they have
learned the hard way that their destiny is far from their own.
The
government of Spain looks at this prosperous region as theirs and the people
that make up this area are their cash cows - cash cows that are attempting to
hop the fence and drift off the farm. This cannot and will not be allowed.
The
violent crackdown that we witnessed on October 1st showed the government of
Spain's hand, but they are far from the only government that would act in this
way. The global elites of both the West and the East all would act in a
similar manner.
Prime
Minister Mariano Rajoy is now taking additional steps,
invoking
Article 155 of their Constitution
, which gives them the right to
"restore the legality" of the semi-autonomous region. Which I'm sure
as you can guess, means forcefully removing the "renegade" government
of Catalonia by any means necessary.
Still,
Catalonia's President Carles Puigdemont is not backing down in the face of
these threats and hopes that the region can separate peacefully - a truly
hopeful wish in my opinion.
This
has led to civil society organizations within Catalonia to call for retaliation
against the government of Spain,
requesting
that all citizens within the region initiate a bank run
by
withdrawing their funds all at once, together.
If
you think this call to action is to be taken lightly, then you are forgetting
one of the key elements that give the ruling class their power: their control
over the fiat money supply and the banking system that keeps it going.
The
citizens of Catalonia are going to learn the hard way just how little money
the modern day banking system keeps in physical reserve. Quickly the vaults and
ATM's will run dry - and then what?
I
for one am hopeful that this situation will resolve itself peacefully and the
people of Catalonia will be set free, as they have democratically requested,
and that this will be a bright shining example of liberty and free will in a
modern time. Sadly, I highly doubt that is what is going to occur.
Unless the government of
Catalonia steps down on their own accord, then you can expect to see violence
and blood in the streets. This action cannot and will not be tolerated by the
elites of the world, lest the rest of us peasants get any silly ideas in our
heads.
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Nathan McDonald is a libertarian, entrepreneur and precious metals enthusiast. He has always taken a keen interest in free markets and economics since an early age, which naturally led him to become a true believer in precious metals and all that they stand for.
Nathan served eight years in the Royal Canadian Navy as an electronics technician, seeing the true state of the world, before starting his first successful business. He has since gone on to create a number of businesses, all of which are still in operation and growing.
In addition to this, Nathan runs a network of successful precious metals blogs, and a growing newsletter that has attracted readers from all around the world.
He is a regular and highlighted writer for the highly respected Sprott Money Blog, which covers world events, geopolitics and of course precious metals.
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The views and opinions expressed in this material are those of the author as of the publication date, are subject to change and may not necessarily reflect the opinions of Sprott Money Ltd. Sprott Money does not guarantee the accuracy, completeness, timeliness and reliability of the information or any results from its use.
