us mkts say journalism 2.0 a small factor
In 2010 I heard gold/silver was 0.3% of us markets.
Has anyone heard anything different since?
The us markets tell us clearly that the mainstream media has a near monopoly on communicating to investors, inside and outside the usa.
Just about anyone worldwide can invest in the us markets and they're overwhelmingly putting their fiat currency into the us stock markets with bond yields being what they are.
This has made it easier for the big banks to minimize, through selling short and buying back cheap, the gains in gold and silver over the last 10 years.
But now China is seriously involved in buying gold and silver big time.
So now, out of nowhere it seems, we're starting to hear about central banks lending their gold and needing to buy more.
All of a sudden I find myself noticing 3 stories that have to do with this:
* if all government/big corps "lend" their gold & silver...
http://buygoldansilverlong.blogspot.com/2011/06/if-all-governmentbig-corps-lend-their.html
* centrl bnks have < 30k Tons of Gold / j embry
http://buygoldansilverlong.blogspot.com/2011/06/centrl-bnks-have-30k-tons-of-gold-j_24.html
* fed to buy gold per jim rickards
http://buygoldansilverlong.blogspot.com/2011/06/fed-to-buy-gold-per-jim-rickards.html
I think the us leaders are TEMPORARILY more afraid of losing their gold and silver than having the public find out they've created so much paper and digital money that some say the debt is $200 trillion instead of the $14+ trillion "on budget".
We know already that the $14+ trillion doesn't include social security and all of the wars since 2001, since all of them are "emergencies".
In other words, it's more acceptable, again, TEMPORARILY, for everyone to know 1920's German style hyperinflation is just around the corner than risking China having most of the gold and silver instead of the western central banks.
Without the gold and silver it would make the next bout of hiding fiat overprinting impossible since I believe China will sell some of the gold and silver to drive up their prices and expose the paper excesses.
China has made it clear they're tired of unnecessary us military actions and the us trying to get out of debt by creating so much currency that the debt depreciates in value along with the currency.
It's like one person loaned another person $100 @ 5% in 1971 to buy a old, beat up but yes, running car.
Over the 40 years the lender gets only interest in the amount of $200, which is worth less and less due to inflation.
The lender uses it for gasoline which has gone from about $0.29 per gallon in 1971 to the $3.60-ish price it is today, June 25, 2011.
In 2011 the lender gets his/her $100 back but with it he/she can't even get a bicycle.
http://buygoldansilverlong.blogspot.com/2011/06/us-mkts-say-journalism-20-small-factor.html
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