Long, Long time ago,
I can still remember,
How the music used to make me cry.
I can’t remember if I cried,
when I read about that widowed bride,
but something touched me deep inside,
the day the music died.
So, “Bye Bye, Miss American Pie.
Drove my Chevvy to the Levy but the Levy was dry.
Them good ol’ boys are drinking whisky and rye.
Singin’ this’ll be the day that I die.
This’ll be the day that I die.
The day, the music died.”
The Gold market is at the moment a bit like the old parlour game of yesteryear, when we all played ‘Musical Chairs’ after dinner on sundays, before wall to wall TV, and other distractions began to isolate us from each other – except via digital means.
The game – for those who don’t know – involves putting together enough seats for all the participants, while playing music, and then removing one chair.
When the music stops, the last one to sit, is out.
The game continues until all the participants are out as each turn gradually reduces the number of chairs to one.
The gold market is gaily playing the game, blissfully unaware that the gold (Chairs) are being continually reduced and one day soon, the Bullion Bank Gold Vaults, will be empty, and one of the big players will want to walk away from the game, with their chair, (Gold) and the chair won’t be there.
The day that that happens, will be like the day in the song above.
For those unaware, the song was a reference to the crash in 1959, when Buddy Holly, and the other musicians Ritchie Valens, and J. P. “The Big Bopper” Richardson were killed in a plane crash near Clear Lake, Iowa. They disappeared off the radar on a snowy journey on February 3rd.
The evidence is stacking up for all to see. Those with even a small stash of Gold and silver will be the lucky ones.
Exhibits A, B, C, and all the rest are from a web-site I visit on occasion, but which in recent days has been just full of evidence that the number of chairs is quietly, and incessantly being reduced, as the Chinese take all the chairs east.
The day the music stops, will be like the story of the Emperor who was wearing no clothes, until the small boy pointed out the truth.
Gold (and silver) will be worth a whole lot more, no matter what Harry Dent Junior says:
Students of Literature, will recognise the title from the warning given to Julius Ceasar, as epitomised in the Shakespearean play of that name.
It was a warning to the general, to beware, by a soothsayer (who remains nameless). A warning that apparently he ignored. Of course, as the conspirators – the Senators, stabbed at Ceasar, and Marcus Brutus a former long-time friend plunged his knife into the man, Shakespeare’s Ceasar uttered those now immortal words – “Et tu Bruté” (And you Brutus?)
Of course, in the modern era, the last major play, that resembles this drama, is the death of John Fitzgerald Kennedy on November 22nd 1963, as he was brutally slaughtered by a conspiratorial cabal operating in the upper echelons of the power political scene in America.
Who all these conspirators are, has remained largely unspoken… But some people, are doing what should have been done 50+ years ago, by the Dallas Police, before the CIA and the FBI took over the post assassination conspiratorial machinations, to cover up their involvement, and to plant the idea in the public’s mind, that “it was a lone gunman” a Russian Sympathiser, who spent three years in Russia, but who was in receipt of $200 per month from the FBI as an informer, and who received special training by the CIA to learn Russian, before he allegedly dropped out by going to Russia and staying there for three years…
Those invoved in the Conspiracy carefully massaged the images and the Warren Commission headed up by the very man, that Kennedy had fired just a few months earlier as Head of the CIA to ensure the story remained “on message”.
Of course George Herbert Walker Bush, when asked where he was at the time of the shooting, had vague recollections of where he was, despite someone of that name making a call to J. Edgar Hoover’s office – Head of the FBI just hours after the shooting proving he was in a hotel in Dallas. And his recollections apparently varied on subsequent questioning of the same incident, The same George H. W. Bush who went on to be Carter’s head of CIA, and then Vice President, during the 8 years that Ronald Reagan was President, and almost made it to the presidency when President Reagan was shot, by a lone nutter… But the President in true Cowboy hero fashion, survived.
JFK’s brother Robert Kennedy who also later ran for political office also met a sudden death when yet another lone nutter (CIA – MK-Ultra participant?) allegedly shot him at close quarters as he emerged from the hotel kitchen into the glare of waiting reporters, TV cameras and waiting dignatories – and CIA operatives?
Here is the best documentary I’ve seen on this and other subjects…
JFK Jr., had his 3rd birthday just three days after his father’s death, and after growing up and becoming by, all accounts, an honourable man, handsome, suave, considerate and latterly a pilot and publisher of a magazine called “George” – Was this a clue to the mystery surrounding his father’s demise?
And of course, John F Kennedy Junior ALSO met an untimely demise, when his plane came down late in the evening, as his plane disappeared off his flight path and plunged into the Atlantic, just 1 minute after he called in to the Martha’s Vineyard Airport, to say he was at 2,500 feet and ready to descend to the airport… But he never made it, falling out of the sky almost vertically just 60 seconds later… Meanwhile, George Bush Junior, for the three days, was nowhere to be found… Hmmmm… “Curiouser, and Curiouser”…cried Alice…
You can get a better description of events here…
So what does this have to do with the Ides of March?
Well, as President Trump has already made known to the world, some of the things he wants to do is to “Drain the swamp”, and began the process, though CIA leaks have been made to discredit him, but even the MSM have had to eat some of their words. However, many things seem to be happening that suggests he won’t see out his full-term – one way or another…
Already people are setting Trump up for a fall… Here’s how Zero-Hedge put it
Roberto Gualtieri, chairman of the European Parliament’s economic and monetary affairs committee, also criticized Trump. “Some first concrete confirmations of a new more unilateral policy stance by the new U.S. administration, including on sensitive financial markets regulatory issues, raise concerns and require both thorough reflection and action from the EU side,” he told the committee.
Meanwhile, Draghi deflected accusations lobbed at him over the weekend by German finmin Schauble, who said not Germany, but the ECB and Mario Draghi, are responsible for the undervaluation of the euro:
And SGTReport who holds views similar to my own, regarding the economy, believes much the same with regard to Trump’s likely outcome, as those behind the scenes are attempting to undermine, discredit, or if they can’t impeach him, probably develop a plan to slay him, when they produced this video…
And of course #Pizzagate is just another FAKE News story…
And of course, it was Trump and those Russian hackers who stole the election… Except it wasn’t…
BUT, at least Trump is fighting back, and so are the Americans…
Those evil Bankers, Oil-men, Military Corporate CEOs and multi-million share-holders, and those working for them in the secretive security organisations – all 16 of them, are now going to have their teeth pulled as the fight-back begins…As Ron Paul, that arch-enemy of the Federal Reserve has already had his £0.02 worth..
So, if you’re in the markets, now might be prudent to lower your risk somewhat… Events have a habit of coming out of the blue, and given recent rises to bubble territory… and Cliff High’s, Jim Rickards’ and Bill Bonner’s and JIm Willie’s and Peter Schiff’s, David Morgan’s and Dr. Paul Craig Robert’s warnings a pull-back is long overdue.
This is an important adjunct to the above piece, as events come into focus:
The 15th March (Ides) is the day that Netherlands goes to the polls to elect a new leader. One in which the populist Geert Wilders is steadily making progress in the polls and is looking increasingly likely to win. BUT as Turkey and the Dutch go head to head over the latest political intrigue, will this mean Wilders gets more of the sympathetic vote, against the population concerned about the (as they see it) invasion of Islamists guaranteeing him the vote?
The second concerning thing is the reaching of the $20 Trillion debt ceiling in the U.S. on that date, while also the Federal Reserve on that day too will decide whether to raise interest rates for just the 3rd time in 10 years.
And, in the UK, after the House of Commons rejected the amendment voted for by the House of Lords, this frees the PM’s hands to announce the formal Brexit process.
And finally, Clif High – researcher, has been announcing over the last two months that March onwards is likely to be tumultuous, and after all that, I found this…(below)
Anyone who has been reading this blog for any length of time, will know my feelings on Precious metals, and this just threw petrol on the bonfire.
If you think this piece is good, and would like to post it or link to it, as long as we’re quoted as the originators, please do so.
And don’t forget to like us, or post a link on your facebook or twitter feed…
Whilst browsing the internet, I come across many things, that deserve a wider audience, but am unable to offer any further evidence of these sometimes outlandish claims. Not so today.
This piece linked to below, really revolves around a much talked about subject, and one I have myself been involved in writing about, so this piece would appear to add further credence to the mystery.
Who was responsible for 9/11? WHY did they carry out the attacks of the World Trade Center (WTC)? And if two planes brought down buildings one and two, how did building 7, a block or two away, across a wide expanse, collapse vertically, and yet was still upright when a BBC news anchor with a live link behind her, showing the building – that could be seen by all those sufficiently awake to notice, – was still visible, while we were being told that the building had already gone down?
The piece linked to above reads like an episode of: “The Bourne Trilogy” with a cast of characters taken from: Politics, Corporate Energy, Mafia and Banking Interests across the western world. I wrote too in the book “The Coming Battle – 2013” that events were spiralling out of control.
General Wesley Clark in a video interview explained that he was told in advance of plans to intervene in seven middle-eastern countries, all based on the lie of 9/11… The latest in a long line of black-ops “False-Flag” events, that were used to sway American -and in this case – worldwide opinion to permit those with their own agenda to influence events. And he also discussed what happened next and he recalled how the decision was taken back in 1991 –
It used to be that the propagandists with people inside the military and secret service industries, could modify the News agenda to get the outcomes that they wanted, and due to secrecy laws, their misdeeds would go unpunished for thirty years or more until after the secret documents could be widely accessed. BUT, the Internet has changed all that. The Mainstream News Organisations (MSM) exist to make money for their shareholders and senior management teams – and the corporations that advertise and market their wares on them, are generally large multi-nationals – the very corporations that the MSM is supposed to be keeping a beady eye on, in its role as defender of the public and the customer, are the very same ones using politics to pursue their own agenda.
As ever, “He who pays the piper, calls the tune.”
So, as corruption apparently swirls around the world, I hear of imminent plans to rid the world of physical coins and notes – particularly in America, where many of the U.S.’s states, and institutions are seemingly hell-bent on destroying the last vestige of freedom – the freedom to spend as you like – by outlawing payment in anything other than digital means.
So will Gold and Silver be once more used to “Barter” with?
Will the closure of your bank, be the event that makes you take action?
Will the ATM closing, or your Bank closing one weekend and not re-opening again on Monday make you take action?
Will the disappearance of your pension fund make you take action?
The time has come.
This piece will be short and to the point, and full of visual elements, in keeping with modern trends.
Our monetary system has by many independent commentators become corrupted, and this has been allowed because of the benefits to the few. It begins with a discussion of Fiat versus, “Real” money. Continues with discussion on the future, and then finally discusses why we got what we got.
Egon von Greyerz, talks about the currency devaluation over the last 100 years versus Gold, and how with charts he suggests that the U.S. is technically bankrupt.
The end result of which will be a collapse of the currency and with it much of Western Banking and finance.
In the second half of this next video, Max Keiser talks to Bitcoin entrepreneur – José Rodriguez, about crypto-currencies, and how both Mexico, and Argentina, have taken to them, to help solve their financial problems, which have beset the two countries, because of corruption, and the dominance of the American Banking System, which has had a detrimental affect on their nation’s finances.
And the British political scene seems to have opened up in this last election pre-season friendly, as some of the political commentators, seem to have tripped up, and lost some of their moral high ground.
Maybe some good will come of all this.
A corrupt Media system, policing a corrupt political process, presiding over a corrupt monetary system, for its own mutual survival.
Who’d have thought it?
I was reading my usual News sites, and some blogs, trying to keep up to date with the goings on in the money markets, and the world of finance, economics, politics and the precious metals markets, and someone mentioned something that made me stop and think…
The Occupy Wall Street movement, frequently talk about the 1%. That narrow class of Bankers and others of the financial elite who seem to control the planet through their manipulation of the money markets, and who use their financial and economic power to control governments and get the people to bail them out when they make a bad bet, and who threaten governments with economic and political mayhem, if they don’t get what they want.
Close Guantanamo? No problem… Well maybe next year…We need this war on terrorism, it’s good for jobs – in government.
Allow Saddam Hussein to sell oil in Euros? – Sure…(Er No. that would crash the dollar.)
Allow Iran’s Ahmedinajad to buy oil with Gold? No problem… Actually that would hurt the dollar too.
Allow Libya’s Ghadaffi to form a Gold Arabian Dinar currency union to sell oil? – Yeah Why not? Are you kiddin’?
Allow Syria’s Bashar Assad to build a pipeline from Iran through Shi-ite controlled Southern Iraq, and Syria, to the Mediterranean Coast, to allow Iranian gas to world markets and especially Europe? – Hey wouldn’t that be great! Not if you’re a western oil-major.
However, I digress.
In an article they quoted, that a web-site – “Zero-Hedge.com” regularly had 100,000 readers, but one article in particular had had 300,000 views.
Given that the population of the U.S. is a little over 300 million, and that the web-site is visited by overseas viewers – myself included, that means that less than 0.01% of the U.S. population have even a mild interest in precious metals – in particular Gold and Silver, or the state of the dollar.
That means that if you are one of the few… That VERY few, who hold even just a little Gold and/or Silver, you are part of that rare breed of humans – that 0.01%, who will benefit when the currency that now dominates world affairs, that has been the reason for much of the unrest we see around the world – in the middle east, in South American countries, with questionable political systems, with rulers who were supported merely because they satisfied the economic success of their currency Lords back home in the U.S.
When the world currency system that we currently have, implodes, as it inevitably must, then you will be glad you had the foresight to buy even a little insurance in the form of Gold and/or Silver or even Platinum or Palladium.
According to Agora Finance’s Editor in Chief, and co-author of several books on the subject of money and finance – every un-backed currency that has ever existed has gone to zero.
You can count them throughout history – The U.S. Continental, the European currencies of yesteryear – the German Mark, the Austrian Schilling, the Yugoslavian Dinar and the Zimbabwean Dollar.
On average the lifespan of an un-backed currency is 30 years, and given that the dollar became un-backed by Gold, on August 15th 1971, when President Nixon closed the gold window, as a result of France and Britain asking for several billion dollars worth of Gold for its dollar reserves, as the Vietnam war saw the explosion of U.S. currency leaking out around the world, the dollar has had more than its fair share.
The rise of dictators in the middle-east happened largely because of rising populations in those countries, with political systems, that were and are still trapped in the hereditary system of government. Kings, and Royal families make those countries what they are.
Colonel Muammar Ghadaffi, Hafez Al-Assad and Saddam Hussein all seized power because their rulers looked to the West, and were corrupted with huge payments by western oil majors and their sponsors – the Fed – who ensured that gas prices in the U.S. didn’t cause economic misery and dislocation in the economy. Especially given that the war in Vietnam was costing the U.S. so much in Agent Orange, and bombs as their hundreds of B52s were carpet bombing Laos, Cambodia, and of course North-Vietnam, ushering in Pol Pot.
These last 40years have seen one Royal or dictatorial household after another supported, so that cheap oil can be had back home in the good ol’ U.S. of A.
And now that the instability in the middle-east has driven oil prices up to such a level that recovering the shale oil and gas, is cost effective, and that it is likely to last more than 100 years, and make the U.S., energy independent by 2017 or even sooner, has prompted a fall-out between the Royal Saudi-kingdom and the American political class, as Saudi oil, once so necessary is not needed nearly so much cutting the income of the Saudis. And of course the Saudi’s whose mortal enemies are the Shi-ite Iranians, are now selling oil in dollars once again, as they negotiate over Nuclear reactors, and the fuel that they need.
But that’s just detail, right?
Those who heeded the portents of what was to come, in the early 1970s, bought Gold at just $35.00 per ounce. In the run up to the oil crisis of 1973, the price of Gold would rise to $200, giving those early adopters a substantial profit. BUt then as now, the price halved over the next two years falling to $100.
Those who bought at the top and sold on the way down must have smarted, but the wise ones, know that Gold is not a metal to be traded, but an insurance policy you take out when Governments do stupid things like debauch the currency.
The wise ones, the clever ones (or just the stubborn ones) held onto their Gold and collected on their insurance, and sold out 5years later.
By then the price of oil had risen four-fold, Ayatollah Rouhollah Mousav Khomeini had become the religious and political leader in Iran, and Gold had risen to over $800 per ounce, even spiking to $850 per ounce, as all the above ground Gold (as it always does) rose to the price to absorb all the Dollars in the world.
When the next J curve in the price of gold and silver comes, those who are smarting now, and those who take advantage of the current low price of Gold at circa $1200/oz for Gold and $20/oz for silver, will be the ones with smiles from ear to ear.
Will you be one of the 0.01% or even the 1% who makes their purchases and sales with knowledge and wisdom, or the 99% who watches this from the sidelines.
There’s an old saying…
There are three kinds of people.
Those who make things happen,
those who watch things happen, and
those who say – “What happened?”
Which one are you?
Until next time.