As growth grinds to a halt Worldwide, debt levels increase and unemployment queues continue to grow longer, someone always profits from a collapsing system but the question remains, was it by design or accident? For the US to go off the Gold Standard and dump unlimited dollars into the global financial system coupled with a massively over leveraged banking system, were we not always going collapse under he weight of fiat currency and toxic derivatives? Jim Sinclair goes even further to suggest it was no accident but a frightening plan to control the masses. It may not be too far from the truth, especially when you read Matt Taibbi’s article “Everything is rigged”.
One thing is for sure in light of the Cyprus decision to confiscate deposits and having seen a similar move in the US regarding MF Global customers, you have got to be forewarned when the inevitable collapse comes your way.
The enormous violence in the markets is obscuring a very clear message. The message from Cyprus, that has also been written in various white papers and signed by central banks, the FDIC, Bank of England, and the BIS, is to get out of the system.
People have to understand that going forward large deposits by ‘non-insiders’ are no longer going to be permitted. The goal of this pre-arranged wealth destruction is to equalize the ‘new rich’ and the ‘upper middle-class.’ Those not on the inside, with the right families and the right companies, are not going to be tolerated in the ‘New Paradigm’ of currency and metal that we are now moving into.
So the only means of being able to protect yourself will be to understand the answer to the question, ‘What is the final end game for the most powerful families that are in fact running countries and markets?’….
“Take into consideration that the recent and violent drop in the gold price, especially if followed by an equally violent recovery, was primarily for the transfer of physical gold from financial and other entities to the families that are running the Western governments and financial world.
In my opinion that’s exactly what has just happened. A very strong and immediate recovery, that is sustained, makes the message clear that gold is an ingredient for these wealthy families to maintain their wealth and power, not simply over a generation, but over multiple generations.
We are coming very close to a point where the manufacturing of unprecedented amounts of fiat currency has to have a global impact. You simply can’t increase the amount of currency as violently as what been done, without having to face the consequences, one of which is the collapse of the purchasing power of those fiat currencies.
The massive and ongoing currency war the world has been witnessing may come to a head much sooner than any of us realize. So investors must have an understanding of how the system will be preserved, and eventually reset, in order to survive the coming wealth destruction.
Maintaining significant deposits inside banks in the current financial system is setting up that portion of your wealth to be destroyed or stolen from you. Whereas maintaining physical gold inside a private storage, outside of the banking system, is one of the ways you can survive what is coming.
Physical gold will be the primary beneficiary of the ‘Great Unwind’ that is still in front of us. This is why the latest attempt to smash gold in the paper market was met with one of the most ferocious physical buying sprees the world has ever seen.
Owners of physical gold may end up being the quality non-North American gold companies, as well as individuals which move out of fiat money and into physical gold while the price is cheap. From now on every dip you see in paper gold will be met by a corresponding move by savvy investors around the world to trade in their fiat money for physical gold.
“The time to get out of the system is immediately in order not to be destroyed by the ‘Great Equalization’ that is about to take place”.
This phase will serve to bring humanity to its knees. It is going to be about control of the masses, for the benefit of the few.
Derivatives will be a primary tool for the destroyers of wealth, and bank deposits all over the Western hemisphere will be invaded. So investors must get out of the system and have physical gold and gold related investments in order to survive what is still to come.”
“The price of gold is going to significant new highs, and that drive to new highs will be as a result of a continued move into physical gold. Because the manipulative tool of the paper market has been revealed as a fraudulent determiner of price, the physical gold price will now be free to move to levels that even you and I will be surprised at, and it will be maintained at that level for generations.”
Source: King World News