Thanks for responding to my post. Here’s the thinking that is forming in my imagination, and it ties in very neatly with many others thinking here.
The Amero is being created with the blessings of three governments: Canada, US, and Mexico. Why??? Because it will be backed by all the nationalized mines in these three countries. The US will not allow an audit of their gold holdings because they do not have any except “Deep Storage Gold” which is all the gold that has yet to be mined in the US (All the mine reserves). Canada has publicly stated that they have sold all their gold holdings… probably knowing that the “plan” is to nationalize the mining industry in Canada to recover their gold. Mexico wants to be a part of the “group” so they will do the same thing. When the Amero is introduced, it will have the backing of all the precious metals from these three countries.
As an alternative thought, rather than nationalizing the mines, TPTB may simply use “their” large mining companies to accomplish the above. They already control most of the large companies, either through their share ownership or through their management, so as the smaller miners and explorers go bankrupt it will be easy to pick them up and add their reserves to the “parent” company.
What is happening now is the first stage of implementing this plan…. that is, forcing the cost of mining up to the point where mining is no longer profitable, and this will cause the mining companies to go bankrupt… along with their stock… so they can be taken over by the three governments, or alternatively, the large mining companies, at virtually no cost. This is all orchestrated through two primary means.
1) Inflating the underlying currencies into worthlessness which raises expenses so the mines cannot be profitable. This is happening in both the US and Canada, and has been going on at an ever accelerating rate. Mexico is joined at the hip so it is happening there too.
2)Naked shorting the PM shares at the same pace as the currency devaluations…. taking them down to the bankruptcy point so that there can be no hue and cry from the Victims as their shares become worthless and the bankrupt miners reserves get transferred to their new parent.
This fits my earlier thinking that the brokers were brought into this plan and that is why they had their “race to the bottom” on their commissions. It also fits the picture that has been painted on the charts….. all the: “up is down”…. “good is bad”… etc that has never happened before but is now the rule rather than the exception. They, the brokers, have the great and powerful Goldman Sachs orchestrating this whole production which is robbing us of our life savings and more.
I’m sure someone much brighter than I could see the whole system being manipulated to create the “perfect environment” for the transformation to the Amero. The general public won’t care when this happens because they have no ownership or interest in PM’s anyway…. and if the Amero is going to be backed by gold and become the new currency, replacing the worthless and unbacked US Buck, it will be easily accepted.
Now, if I am even close with this, our shares are going to continue down until they are worthless. So I have to make some decisions about where to abandon my PM’s and all my visions of wealth, and accept the fact that I have been wrong in my past thinking….. that PM shares are history…. and that I am getting out with what is left. But then what?????? I dunno!!! I can only hope that I am having a very bad dream!!!
silverngold