Spending Fix In Washington Made No Difference
For anyone believing that the short-term Band-Aid on America's fiscal disaster makes any difference for now or later, we must disabuse you of that notion right away. The "fix" this week was for political purposes only and does absolutely nothing to address the reasons for this nation's crumbling economic foundation. In other words, nothing has changed for the better.
We should not expect President Obama and the Congress to significantly resolve those troubles in January when they're set up to do this all over again. The USA will continuously use temporary actions to stay clear of yet another worldwide financial crisis. And it will certainly continue to remain in the good graces of the money masters in China who hold a massive chunk of US Treasury debt. The game will proceed until something drastic takes place and the deception ends.
It is not surprising that the cost of gold moved little throughout the 17-day "drama" that revolved around the partial shutdown of the US federal government. It was a minor skirmish with all sorts of political wrangling. The purpose of the whole thing was merely to designate blame and assign fault. Intelligent financiers understood this entire situation. They did not expect misguided federal remedies to amount to much. They did not expect America would run out of debt-money. And they did not anticipate a default on Treasuries this month. As it turns out, they were uncannily accurate. So the alternative idea of turning to turn gold and silver precious metals as a "safe haven" during traumatic times didn't enter into play.
The United States of America is just where it was prior to the turmoil. Absolutely nothing whatsoever has actually changed. We continue to be in the same situation as before, with way too much financial obligation to be paid by our generation, the future generation, and even the generation after that one. It appears that we have actually got a socialistic president that does not really care about our troubles. We also have a gutless opposition that cannot see beyond short-term political measures. They were not able to stand firm and at the very least try to remedy trying circumstances. Absolutely nothing occurred to lead us to believe that the scheduled program of this nation's financial devastation has been diverted.
So continue to prepare for even more political accidents and economic shocks straight ahead of us. Our advice is to continue purchasing gold and silver financial instruments as a way to prepare for the coming monetary cyclone. In the days to come, gold and silver will show their value as God's Money.
We should not expect President Obama and the Congress to significantly resolve those troubles in January when they're set up to do this all over again. The USA will continuously use temporary actions to stay clear of yet another worldwide financial crisis. And it will certainly continue to remain in the good graces of the money masters in China who hold a massive chunk of US Treasury debt. The game will proceed until something drastic takes place and the deception ends.
It is not surprising that the cost of gold moved little throughout the 17-day "drama" that revolved around the partial shutdown of the US federal government. It was a minor skirmish with all sorts of political wrangling. The purpose of the whole thing was merely to designate blame and assign fault. Intelligent financiers understood this entire situation. They did not expect misguided federal remedies to amount to much. They did not expect America would run out of debt-money. And they did not anticipate a default on Treasuries this month. As it turns out, they were uncannily accurate. So the alternative idea of turning to turn gold and silver precious metals as a "safe haven" during traumatic times didn't enter into play.
The United States of America is just where it was prior to the turmoil. Absolutely nothing whatsoever has actually changed. We continue to be in the same situation as before, with way too much financial obligation to be paid by our generation, the future generation, and even the generation after that one. It appears that we have actually got a socialistic president that does not really care about our troubles. We also have a gutless opposition that cannot see beyond short-term political measures. They were not able to stand firm and at the very least try to remedy trying circumstances. Absolutely nothing occurred to lead us to believe that the scheduled program of this nation's financial devastation has been diverted.
So continue to prepare for even more political accidents and economic shocks straight ahead of us. Our advice is to continue purchasing gold and silver financial instruments as a way to prepare for the coming monetary cyclone. In the days to come, gold and silver will show their value as God's Money.
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