Gold and silver are NOT going up in value. An ounce or gold or an ounce of silver is still the same ounce. It is the imaginary “value” of the fiat you hold that is being debased and is relentlessly dropping. It is a subtle, but necessary change in “belief” one must always recognize, [and there are many who do, just not enough]. Instead of 250 or 900 units of fiat, it now takes 1650 units of fiat to purchase the SAME ounce of gold, and 30 units of fiat, instead of 5 or 20 units to purchase the same ounce of silver.
Make no mistake about it, it is the central bankers that are leading governments around by the nose, and by proxy, governments leading
people around by the nose, and that “nose” is inhaling “lines” of fiat. Unless cured, all addictions end badly, and the only “cure” central bankers have for ever-increasing fiat is, ever-increasing it more. [Read more...]