For anybody who thinks that the short-term Band-Aid on the United State of America's financial catastrophe made any kind of difference, we have to correct that misconception as soon as possible. The "repair" this week only served political agendas and it did nothing at all to fortify this nation's collapsing economic foundation. In other words, no solution emerged out of the temporary political crisis.
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.
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 more political mishaps and financial shocks just ahead of us. Our advice is to continue purchasing gold and silver financial instruments as a way to gather resources for the coming financial storm. In the days to come, gold and silver will prove their worth 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.
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 more political mishaps and financial shocks just ahead of us. Our advice is to continue purchasing gold and silver financial instruments as a way to gather resources for the coming financial storm. In the days to come, gold and silver will prove their worth as God's Money.
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