|
|
Here’s a breakdown of gold and silver
performance by political party since the gold and silver bull since 2001.
 
What is very clear from the above is that
Democrat Clinton, who was very close to the banksters,
and in particular, Citigroup banksters, was awful
for gold and silver, while Republican Bush, who was
very close to oil interests and loved war, was great for the performance of
gold and silver. Gold and silver’s performance during Democrat
Obama’s tenure thus far has been closer to their performance during
Republican Bush’s tenure than Democrat Clinton’s tenure. However,
I believe that part of gold and silver’s resiliency during Democrat
Obama’s tenure has a lot to do with the fact that when Clinton was in
office, the bankers actually had to lease tonnes of
physical gold and silver into the open market to suppress the price of gold
and silver because they could not yet use the immoral and unethical HFT algos they utilize today to suppress the price of gold
and silver in paper markets because they had not yet developed and perfected
these algos to manipulate gold and silver prices as
well as stock markets in general. Therefore, during Clinton’s tenure,
the bankers relied primarily on selling physical gold and silver, and not
paper gold and silver, to suppress gold and silver prices. For all intents
and purposes, one can substitute the world “sell” for the word
“lease” above, because though Central Banks still carry this
physical gold on the asset side of their balance sheets as
“leased” gold, this gold is now likely forever gone from their
vaults and will never return. No sane persons or institutions will now part
with their physical gold and physical silver and accept fiat paper currency
in return. Thus, though Democrat Obama has been a very banker-friendly
President like his predecessor Clinton, gold and silver prices during his
tenure have risen, in our opinion, in spite of Democrat Obama, and with a
less banker-friendly President in office, the prices of gold and silver would
likely be even higher than their present prices.
Today, bankers have to create an illusion of
massive gold and silver supply by falsely creating billions of paper ounces
of gold and silver in the futures markets that simply do not exist in the
physical world, aka the REAL world, because they have no more physical gold
and silver to sell into the market to suppress the price of gold (or no more
physical gold and silver with which they are willing to part). Thus, they are
struggling right now to crush the price of gold and silver at a time when all
major global fiat paper currencies are right now at their most fragile point
in history on their way to worthlessness. Again, we endorse neither the Republican or Democrat candidate in
today’s US elections as we believe both candidates are awful choices,
so we have presented the two charts above merely for your digestion, and
interpret the charts as you may.
About
the author: JS Kim is the founder and Managing Director of SmartKnowledgeU, a fiercely independent investment research &
wealth consulting company. His flagship investment newsletter, the Crisis Investment Opportunities newsletter, with a focus on Precious Metals, has yielded
+24.87% as of November 1, 2012 versus the +12.86% return of the S&P 500
and the +4.01% return of the Philadelphia Gold & Silver Sector index over
the same time period.
|
|
