Posted by Dominique de Kevelioc de Bailleul on Sep 19, 2012
Two camps exist, those who know the silver price
will strike many multiples from today’s $35, and those who don’t. With
the overwhelming majority of investors falling into the latter camp,
early birds to the silver market will become stinking rich.
Here’s why the above statement is no hyperbole. Consider the impact on the silver price from Fed monetary policy.
Mom and pop (M&P) investor don’t know that so-called “QE3” is unlike any emergency monetary plan of the Federal Reserve. Thanks to Congressman Ron Paul, M&P has only recently discovered that the Fed
is not a federal government institution—as in students of Econ 101
already know. And now M&P must learn of the implications of the Fed
announcing that there will be no limit to its balance sheet?
In an almost unanimous vote, the FOMC announced last week it will purchase the most toxic assets of the banks—and, in unlimited quantities.
No limit. That means there is no limit to the dollar’s decline.
Period. Mom and pop may have heard someone talk about that, but all
this talk of financial Armageddon will be dismissed as another Cassandra
who’s taken to the airwaves to sell gold from some dodgy Internet outfit.
M&P don’t know and will never know the subject of money. M&P
have never heard of Jim Sinclair and, if they did know who he is, they
wouldn’t know what “QE to infinity” means anymore than they understand
how a television works. M&P just know everything will be all right
in the end.
M&P will not take action because their son or daughter told them
to take action. Their son and daughter aren’t “experts”, nor are these
‘kids’ on television. M&P need a friendly newscaster or other
celebrity, like an Opra, to tell them what to do.
And that’s where M&P will make you rich.
When the price of silver
becomes mainstream news for weeks and months at a time, it’s all over
for the cartel’s already remote chance of suppressing the price of silver.
When M&P’s favorite newscaster starts broadcasting the emergency
steps they should take to ‘fight inflation’, the lines will begin to
form outside the local bullion dealer. Business at Goldmoney and Sprott
Asset Management will boom.
Instead of your local Home Depot running out of ¼ inch plywood as
prudent homeowners prepare for some hurricane, bullion dealers won’t
have bullion to sell either. That’s when there’s no limit to the price
of silver. The mania of all modern-day manias will begin.
But . . . for the fly in the ointment.
The silver mania will explode into a national story so large that the
national dialogue will suddenly turn ‘official’. Anyone possessing
silver will be painted as an enemy of the state. There will come a day
when the National Security Advisers recommend outlawing private
ownership of silver, and the law to make it happen has already been
signed by the president.
On March 16, President Obama signed into law The National Defense Resources Preparedness Executive
Order. Contained within the EO is the clause which allows the
president to “take actions necessary to ensure the availability of
adequate resources and production capability, including services and critical technology,
for national defense requirements” in the event of a “potential threat
to the security of the United States.” [emphasis added].
The term “critical technology” can point to many things, such as
national security technology, for one, but not necessarily the resources
required for the technology behind building cruise missiles, though
important as it is; the vital national security issue is, and always has
been, energy—alternative energy, in the case of the 21st century.
M&P don’t know that windmills and solar panels MUST contain
silver, the metal best known for its thermal transfer and electrical
conductivity (at a relatively economic price).
“Silver, it’s more than precious; it’s a critical, vital metal,” Leeb told King World News during the weekend of Mar. 11. “You cannot run the world without it as the world stands today.” See entire BER article.
Though the U.S. has been remarkably negligent in its preparation for the post-carbon era, China, on the other hand, has not.
“The Chinese are frantic about building out renewable energies.
Frantic, because they see the peak in oil. Frantic, because they see
next decade peak in coal,” Leeb continued. “So what are you going to
replace coal and other hydrocarbons with, if not wind and nuclear . . .
you’re going to need all of the above in massive concentrations.
Leeb went on to say that silver will soon become a strategically
vital metal to the U.S., which can only mean one thing. You can’t have
any.
In December 2011, Leeb told GoldSeek Radio, “Silver is an
utterly critical metal when it comes to renewable energies, solar
panels; there’s no other game in town . . . Silver-based solar is going
to play a major part in our energy future . . .
“China used to export silver, now they’re importing, and they are
very big importers. And they [China] went on to say that they’re not
going export any silver what so ever.” Though China recently relaxed
its strict export quota of rare earths, silver was not included in the
increased export quota.” See BER article.
“I do believe [$200] is not an unreasonable target” for silver, Leeb continued.
“But the problem is, once it reaches one hundred [dollars], people
start getting very, very nervous. It’s a very, big broad round number
and they [bankers and/or government] start taking action; they might
consider outlawing the ownership of silver as a monetary metal.”
Prepare for that day. In the not-too-distant future, silver will
become illegal to own. Incorporate that eventuality into your overall
protection from a federal government gone fascist. It’s not enough to
be right; you must now become an ‘outlaw’ of a lawless and
out-of-control America.
There are no laws, now. Have no guilt or fear, just do what is
necessary to insist on your right to survive and thrive. Any law to
deprive you of your rightful property will be ignored and resisted by
countless Americans.
Some stooge who happens to reside at the White House is not your law; the U.S. Constitution of the United States is your law.
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