Zero Hedge
0
All posts from Zero Hedge
Zero Hedge in Zero Hedge,

Gold as Independent Money Versus Central Banks Paper Ponzi

by David Bryan

The future direction of the planet is a choice between independent money and the central bankers counter-party paper Ponzi. Gold is independent monetary wealth with incredible wealth value that cannot go broke and over time will progress in value.

These same banks and socialist politicians would have us believe that we should use only fake money and lose our independence to their central planning and control.

Counter-party

Counter-party is being party to someone else’s liability.  When that institution acts criminally such as counterfeiting the money we use then, by acquiescence, we in turn are counter-party to fraud.

Capitalism

Centrals bankers are faced with a deflating monetary house of cards built by the enormous leveraging of their counter-party paper that has distorted the values of every asset class.

To save their deflating counter-party monetary system, central bankers are Ponzi trapped into issuing massive amounts of counterfeit quantitative easing and ZIRP or negative interest rates.

This unlimited cheap central bank finance is made available to the circle of money elite and has allowed an astronomical concentration of wealth resources to be transferred to privileged oligarchs, as well as the circle of well connected mega-corporations.

For the enterprising middle class, zero interest and astronomical amounts of counterfeit quantitative easing, means that they have no rate of return on their capital. This is the tragic end of capitalism.

For the working and growing numbers of poor, the policies of zero interest and astronomical amounts of counterfeit quantitative easing means a lifetime working for survival wages under corporate neo-feudalism, ‘Big Brother’ taxation and the hopeless reality of their economic future.

Freedom

Freedom and prosperity begins when we choose to fund our enterprise using independent proven monetary wealth that has no counterparty liability.

Our freedoms, enterprise, independence and prosperity come to a tragic end when we acquiescence to the counter-party liability of the central banker’s monetary system based on Ponzi paper.

Ponzi-ism

Capitalism, Monetarism, Corporatism, Socialism, Globalism, Keynesianism and Communism are each unquestioned ideologies inflicted on the intelligence of humanity to steal their freedoms, enterprise, independence and prosperity.

The reality of physics can scientifically invalidate the deception in each one of these corrupt ‘ism’ belief dogmas.

You can read more of David Bryan’s writings at www.thetibetansecret.blogspot.com

 

DAILY PRICES
Today’s Gold Prices:   USD 1147.90, EUR 1021.45 and GBP 750.43 per ounce. 
Yesterday’s Gold Prices: USD 1136.90, EUR 1014.55 and GBP 749.19 per ounce.
(LBMA AM)

Gold in USD – 1 month

Gold finished just under 1% higher yesterday, closing at $1146.80, a $11.10 gain overall.  Silver closed at $15.80 up $0.18 for the day, a 1.15% gain for the day.  Platinum rose $19 to $932.

 

IMPORTANT NEWS

China May Have Boosted Gold Reserves 0.9% Last Month, Data Show – Bloomberg
Gold well-bid on expectations of U.S. rate hike delay – Reuters
Gold Holds at One-Week High on Signs of Slowing Economic Growth – Bloomberg
IMF Cuts Global Outlook as Commodity Slump Hits Emerging Markets – Bloomberg
Gold tilts up, eyes best levels in about a week – MarketWatch

IMPORTANT ANALYSIS

Could Q4 bring a rally in gold? – CNBC
A Liquidity Crisis Hit The Banking System In September – Investment Research Dynamics
SWOT Analysis: Bullion Coin Sales Data Indicate Impressive Figures – GoldSeek.com
Looking for value? You’re unlikely to find it in stocks – MoneyWeek
Physical “Silver Shortage Coming” – SilverSeek.com

Read more News & Commentary on GoldCore.com

 

Download 7 Key Allocated Storage Must Haves