Will the TPTB allow physical PM holders to prosper??
Posted: Wed Oct 12, 2011 6:22 pm
The comment below is a repost reply to one Turd Ferguson's updates.
Although I disagree with the poster on some points, his argument does strike a cord with me. I have always felt TPTB would take measures to insure that those who hold PMs enjoy minimal benefit at best when the dollar collapses. I think the poster has a little too much faith in the elites' ability to enforce control in a post-collapse society. Of course the government will likely use currency controls and our tax code to attempt some kind of indirect PM confiscation, but will their laws and pronouncements matter when they are barely able to maintain civil order?
Anyway I was curious as to what you guys think.
http://www.tfmetalsreport.com/blog/2642/quick-update
Being theoretically correct and reaping the rewards of oft dubbed "greatest transfer of wealth in the history of the world" are 2 different things. I have often said I believe we are theoretically correct, that owning physical gold and silver are the way to go. However, it is TPTB that are setting up this next great transfer of wealth and by no means are you or I invited to tag along with them.
I am certain that on an elite level gold and silver will be the foundation of the richy riches' wealth. I am also certain that our stacking will not equate to us sharing in this great transfer. For the common man I am envisioning that the public will be able to convert pms to the new currency (best case scenario) but at a level that is marginally beneficial to you as ridiculously established by THE MAN and supported by the masses of sheep (probably atleast 95% of the population) who were not fortunate enough to become educated on fiat currencies, fractional reserve banking, precious metals, etc. I mean when you hear that institutional investments into PMs are less than 5% (these are people with financial, accounting, economic educations running these funds). Are naive enough to think that the common man has a clue? When you have multi millionaires paper wealth and everyday Bob's 401k blow up into oblivion, do you think the masses will stand for Joe Stacker buying up their homes for a couple ounces of gold? Do you think they will go hungry due to hyperinflation while we stroll into Wal-Mart and drop a few pre-65 Washingtons for a cart of groceries?
Do not be foolish enough to believe TPTB are scrambling trying to hold their ponzi scheme together. They know it's a ponzi scheme; they invented it. They also know will fail and have planned it to fail at a certain time. They also know what they are going to do next.
We think and plan linearly with regards to how we understand things in the past and currently. For example:
1. We look to situations like Great Depression and Weimar and see ways that people could have profited from those situations. We cannot grasp the depth of what is going to happen "the next time" and how to profit from that. It is easy to look to the past and see what could have been done.
2. We have a plan in place based on what we perceive is happening with current information (e.g. Fiat currencies fail, precious metals cannot be printed, commodities skyrocket, riots ensue, infrastructures break down, better get food/water, weapons, plant a garden, develop community groups)
3. It is impossible to predict the type of crises they will manufacture, when it will happen, and how people will be manipulated to react.
You will read the end is closer than you think, prepare accordingly; but how can you prepare when how you will prepare now is based on what you think might happen but is not likely what will happen? You prepare based on how you understand the rules or how you think the rules will be. TPTB are 10 steps ahead of that and will most likely change the rules to something we have never considered.
Although I disagree with the poster on some points, his argument does strike a cord with me. I have always felt TPTB would take measures to insure that those who hold PMs enjoy minimal benefit at best when the dollar collapses. I think the poster has a little too much faith in the elites' ability to enforce control in a post-collapse society. Of course the government will likely use currency controls and our tax code to attempt some kind of indirect PM confiscation, but will their laws and pronouncements matter when they are barely able to maintain civil order?
Anyway I was curious as to what you guys think.
http://www.tfmetalsreport.com/blog/2642/quick-update
Being theoretically correct and reaping the rewards of oft dubbed "greatest transfer of wealth in the history of the world" are 2 different things. I have often said I believe we are theoretically correct, that owning physical gold and silver are the way to go. However, it is TPTB that are setting up this next great transfer of wealth and by no means are you or I invited to tag along with them.
I am certain that on an elite level gold and silver will be the foundation of the richy riches' wealth. I am also certain that our stacking will not equate to us sharing in this great transfer. For the common man I am envisioning that the public will be able to convert pms to the new currency (best case scenario) but at a level that is marginally beneficial to you as ridiculously established by THE MAN and supported by the masses of sheep (probably atleast 95% of the population) who were not fortunate enough to become educated on fiat currencies, fractional reserve banking, precious metals, etc. I mean when you hear that institutional investments into PMs are less than 5% (these are people with financial, accounting, economic educations running these funds). Are naive enough to think that the common man has a clue? When you have multi millionaires paper wealth and everyday Bob's 401k blow up into oblivion, do you think the masses will stand for Joe Stacker buying up their homes for a couple ounces of gold? Do you think they will go hungry due to hyperinflation while we stroll into Wal-Mart and drop a few pre-65 Washingtons for a cart of groceries?
Do not be foolish enough to believe TPTB are scrambling trying to hold their ponzi scheme together. They know it's a ponzi scheme; they invented it. They also know will fail and have planned it to fail at a certain time. They also know what they are going to do next.
We think and plan linearly with regards to how we understand things in the past and currently. For example:
1. We look to situations like Great Depression and Weimar and see ways that people could have profited from those situations. We cannot grasp the depth of what is going to happen "the next time" and how to profit from that. It is easy to look to the past and see what could have been done.
2. We have a plan in place based on what we perceive is happening with current information (e.g. Fiat currencies fail, precious metals cannot be printed, commodities skyrocket, riots ensue, infrastructures break down, better get food/water, weapons, plant a garden, develop community groups)
3. It is impossible to predict the type of crises they will manufacture, when it will happen, and how people will be manipulated to react.
You will read the end is closer than you think, prepare accordingly; but how can you prepare when how you will prepare now is based on what you think might happen but is not likely what will happen? You prepare based on how you understand the rules or how you think the rules will be. TPTB are 10 steps ahead of that and will most likely change the rules to something we have never considered.