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.
Nor will President Obama and the Congress meaningfully address those problems in January when they're scheduled to do this all over again. America will continue to use temporary measures to avoid the trigger of yet another global economic meltdown. It will continue to remain in the good graces of the money masters in China who hold a huge portion of U.S. Treasury debt. The game will continue until something drastic happens and the charade comes to an end.
No wonder gold price movement throughout the 17-day "drama" during the partial shutdown of the U.S. federal government moved at all. It was a small skirmish with all kind of political wrangling. The arguments were merely to delegate blame and point out whose fault it was. Wise investors recognized this entire scenario. They did not expect any federal remedies to make any difference. They did not even anticipate that the United State of America would run out of debt-money. And they did not anticipate a default on Treasuries this month. In the final analysis, they were quite right. So the option to transform metals into a "safe haven" during stressful times didn't enter into play.
So after all of the drama, America's situation is just where it was before the drama. Nothing at all has changed. We remain as before, with far too much debt for it to be paid by our generation, the next generation, or even the generation after that one. It appears that we've got a socialistic president who doesn't really care about that problem. We also have a lily-liver opposition party that can't see past short-term political optics. They were not able to stand up and at least attempt to correct a situation. Nothing happened to lead us to believe that the course of this nation's economic 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.
Nor will President Obama and the Congress meaningfully address those problems in January when they're scheduled to do this all over again. America will continue to use temporary measures to avoid the trigger of yet another global economic meltdown. It will continue to remain in the good graces of the money masters in China who hold a huge portion of U.S. Treasury debt. The game will continue until something drastic happens and the charade comes to an end.
No wonder gold price movement throughout the 17-day "drama" during the partial shutdown of the U.S. federal government moved at all. It was a small skirmish with all kind of political wrangling. The arguments were merely to delegate blame and point out whose fault it was. Wise investors recognized this entire scenario. They did not expect any federal remedies to make any difference. They did not even anticipate that the United State of America would run out of debt-money. And they did not anticipate a default on Treasuries this month. In the final analysis, they were quite right. So the option to transform metals into a "safe haven" during stressful times didn't enter into play.
So after all of the drama, America's situation is just where it was before the drama. Nothing at all has changed. We remain as before, with far too much debt for it to be paid by our generation, the next generation, or even the generation after that one. It appears that we've got a socialistic president who doesn't really care about that problem. We also have a lily-liver opposition party that can't see past short-term political optics. They were not able to stand up and at least attempt to correct a situation. Nothing happened to lead us to believe that the course of this nation's economic 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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Learn more about precious metal investing. Stop by Anne Trimble's site where you can find out all about gold and silver and what it can do for you.
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