These are definately trying times for pm investors but you all must realize what is at stake here - TPTB have created a global fiat currency system that they must defend. The historical alternative to fiat is gold and silver. They know this and we all know this … the average person on the street does not, but will come to understand the importance in the weeks and months ahead. Take advantage of this opportunity before the crowd becomes aware which they will just as they did in the latter part of the commodity bull market cycle of the 1970’s.

I remember back then - those who understood the relationship between pm investments and fiat - many felt the USD was on its last legs and soon would become worthless. Based on the Kondratieff Wave Theory, they should have known that it was not the case. The USD was saved but it required high interest rates to do so. Will the Fed raise rates now? I don’t think so.

This time around the Kondratieff Wave Theory tell us that our country is headed for another Great Depression. The only question that remains is whether it will be a deflationary depression like the 1930’s US, or a hyperinflationary depression similar to Germany in the 1920’s.

Greenspan, who looked upon himself as a god once said that a goal of his would be to break that cycle - thanks to him and the expansion of the money supply / credit - we have recently had 2 major bubbles that were created. The fist was the .com bubble and the second was the housing bubble. Both of these has postponed the cycle but in no terms have they eliminated the high probability of a K-Wave depression.

Now we have Helicopter Ben who has stated publicly that he stands ready to flood the system if necessary with USD’s in order to prevent the next depression. We are already witnessing that he is a man of his word by simply looking at the data of monetary expansion that has and continues to take place.

What is important to know and understand is that if he is indeed committd to this philosophy - which I believe he is - then what he is really saying is that he will “hyperinflate” the currency to wipe out the debts that have accumulated over the many years of monetary expansion.

Based on the video I provided the other day, funded and unfunded liabilities by 2017 will be unsustainable at just under 100 TRILLION USD. There is no way or intention of our govt leaders to pay off this debt the ethical way - hyperinflation is the course they will follow and Helicopter Ben is just the man to do it.

Assuming this to be true, then history has shown that the only protection of accumulated wealth is physical gold and silver ownership. Is it any wonder they focus on and attack the pm sector? They want as many investors as possible to believe that safety and security cannot be found by investing in the pm sector. This is propaganda and historically been proven to be false.

Their goal here is to acquire for themselves as much physical pm’s that they can and also to consolidate the pm mining sector under their absolute control. The way they plan on doing this is to do as they have been doing - creating fear. So far, and right now it appears that they are very successful as the mood of pm investors today is about as bad as it has ever been. Why is that? Because pm investors are not looking at the big picture and are being manipulated into fear and believing that there is little hope.

Those who do see and understand the big picture know that this frontal attack takedown was all planned in advance. They also know that this will not last - the commodity bull market is definately not over as they would like you to believe. Look at the long term charts!

What we see today is very similar to the early days of the 1970’s commodity bull market. Rising from a low of roughly $42 per ounce, gold went to $197 per ounce only to suffer a major setback in price to roughly $100 per ounce. The Bull was Dead or so it was reported.

No, in actuality the bull was ready to run and it did all the way to $850 per ounce. What was of importance at that time was who the early buyers were down around $100 per ounce - it wasn’t the average pm investor but instead was those who saw the bigger picture - the sophisticated investors and those who forced the prices to the $100 level back then. What you are witnessing is a repeat performance and just like in the mid 1970’s, with inflation going through the roof and only negative real rates of returns on investments available in paper assets, the pm sector did as it always has done throughout history - protected accumulated wealth. This time will be no different.

Hopefully this time people will look back and understand what took place during the 70’s and will learn - buy the pm sector now while you can and prepare for new historic highs in the not-to-distant future. Remember the old saying - Fool me once shame on you, fool me twice, shame on me. Don’t let yourself be fooled by the global elite who want it all. Get your piece of protection against the coming hyperinflationary depression at these bargin price levels.

NIA

Steve