Tuesday , 22 August 2017


Noonan: Not Owning Physical Gold & Silver Is A Huge Risk – Here’s Why

When one utilizes the axiom, “Follow the money,” all roads lead to the RothschildsGold-bars-on-100-and-50-dollar-bill and their formula of gaining control of a nation’s money supply and then making all the rules. While that is the simplified version, it is no less insidiously true.  In the process of gaining control of a nation’s money supply, each country’s gold holdings were ransacked, and in the case of the U.S, the then world’s largest silver holdings were also stolen.

The above introductory comments are edited excerpts from an article* by Michael Noonan (edgetraderplus.com) entitled Gold And Silver – PMs Will Rise With “Dollar” Demise, Just Not Soon.

The following article is presented courtesy of Lorimer Wilson, editor of www.munKNEE.com (Your Key to Making Money!)and www.FinancialArticleSummariesToday.com (A site for sore eyes and inquisitive minds) and has been edited, abridged and/or reformatted (some sub-titles and bold/italics emphases) for the sake of clarity and brevity to ensure a fast and easy read. This paragraph must be included in any article re-posting to avoid copyright infringement.

Noonan goes on to say in further edited excerpts:

Follow the money

By following the money in the U.S., one sees the trail of US Treasury Notes that were specie-backed by silver and gold.  The nation prospered, and inflation was a non-issue.  After the Federal Reserve Act was passed in 1913, the privately owned bank, called the Federal Reserve, began circulating Federal Reserve Notes that were also specie-backed, to circulate alongside US -issued Treasury Notes.

This went on for a few decades, until the 1930s, when Franklin Delano Roosevelt declared a “bank holiday.”  Why?  The U.S. was forced into bankruptcy by the Rothschild elites, and when the banks were closed for a few days, they reopened under direct control of the Federal Reserve central bank.  What was little noticed was that the specie-backing of gold and silver for the Federal Reserve Noted were gradually withdrawn, without any word to the public.  At the same time, specie-backed US Treasury Notes were withdrawn from circulation and destroyed!

The Rothschilds will not accept any competition. 

The US Treasury Notes were allowed to circulate alongside the Federal Reserve Notes so that the public would accept both and see no difference between the two, so that by the time the US Notes were purposefully taken out of circulation, the remaining Federal Reserve Notes, also labeled as and called “dollars” were readily received as the nation’s currency.  The first stage of the world’s largest Ponzi scheme succeeded.  Next was the removal and eventual suppression of the price of gold, an ongoing activity by central banks, with the collusion of the bought-and-paid-for de facto government from that time and up to this day, and for the foreseeable future.

The demise of the petrodollar

Since the United States has been bled dry of all its gold and silver, and the fiat Federal Reserve Note has just about run its course as the world’s reserve “petrodollar” currency, the next grand prize is Russia, the world’s richest natural resource country, by far.  The attack/confrontation on Russia has been going on for decades, also using NATO to encircle that country militarily.  The most recent provocation is Ukraine, in a so far politically botched attempt to weaken Russia and paint Putin as negatively as possible.

Why go after Russia?  Its leadership role in providing liquid natural gas and other energy supplies to Europe has been posing a threat to the supremacy of the fiat Federal Reserve pertrodollar.   China also plays a role, perhaps an even larger one in the “de-dollarization” in world trade that will ultimately plunge the U.S. deep into Third-world living status, and an irreversible change that will shock unprepared US citizens when “dollar” devaluations kick in….

Russia to Europe:  “You want gas?  It will cost you.  Price?  Pay in rubles, yuan, maybe even gold.  You want to pay in “dollars?”  No sale!”

What does all of this have to do with the price of gold? 

The US/UK central banks are still manipulating prices, refusing to allow any consideration for gold being viewed as money alternative, at least in the West.  The BRICS and associate countries ain’t buying what the West is selling, in that regard, but the BRICS are buying gold, as much as they can at these artificially low prices.  Nothing else matters, certainly not any conventional fundamentals.

Once the grip of the fiat “dollar” gives way, and it is slowly losing ground, then the price for gold and silver will find their more natural value – and not until then.  When might that happen? It could be weeks, it could be months, maybe even another year or two, but whenever it happens, it is more likely to be an overnight “adjustment,” with little or no gradual rise, as many may expect.  The price could be $1,300 or $1,800 one day, and the next day it could be $4,500 or $7,500 per troy ounce.  No one knows for certain, but at least you know some of the options.  Plan accordingly.

(For a look at the backed-by-nothing-but-fear-of-consequences-for-not-using-it fiat Federal
Reserve Notes, aka the “dollar,” and the current action/non-action in the price of gold and silver go here to see some interesting charts.)

As the chart on gold shows, it continues to be suppressed. Part of the active suppression are the  controlling of derivatives and the banker positions that offset the huge down days to keep prices low. The collapse of the derivatives may be a function of, or cause of, the “dollar” collapse, and when it happens, it will be the triggering mechanism to catapult gold higher “overnight” – literally.

Conclusion

Not owning physical gold [and silver] is a huge risk.  Retaining whatever physical holdings you already have in your possession will prove to be a financial life-saver.  This is a great level to keep increasing one’s accumulation, with the gold/silver ratio favoring the purchase of silver over gold, for now.  Keep on stacking!

Keep buying whenever and whatever you can, and do not be concerned about the “When?” question.  No one knows when prices will rise. Stay the course.

Editor’s Note: The author’s views and conclusions in the above article are unaltered and no personal comments have been included to maintain the integrity of the original post. Furthermore, the views, conclusions and any recommendations offered in this article are not to be construed as an endorsement of such by the editor.

*http://edgetraderplus.com/market-commentaries/gold-and-silver-pms-will-rise-with-dollar-demise-just-not-soon

Follow the munKNEE!

Related Articles:

1. Gold Price to Plunge: The Inside Scoop

We will allow all of you here today, in the weeks running up to the seizure of the world’s gold, to put in place your trading strategies in anticipation of the ’Mother of All Insider Trades’. This will allow you and your organizations to profit beyond your wildest dreams when we ‘drop the hammer’ and reduce the price of gold to $20.67 USD. Read More »

2. Noonan: Nothing Much New In Gold & Silver Charts – Take a Look

The market has not changed materially over the past many weeks/months and, as long as the market has not changed, expectations that the price of gold and silver should not change, either. Expectations are future hopes/plans that may or may not ever be realized. Present market conditions are the reality of what is, without getting into the mental gymnastics about the degree of reality reflected in the charts. Market activity trumps everything, and one works with that reality or risks substantial loss by favoring opinion/hopes/expectations. Below is what the charts are saying today. Read More »

3. Noonan: Comments On Developing Market Activity For Gold & Silver

Ignore those pundits who are saying PMs are ready to take off. If you apply a little bit of common sense, and you look at these charts, can you draw any other conclusion(s)? Always remember: the markets never lie and here is what they are saying. Read More »

4. Noonan: These Charts Say Trend STILL Bearish For Both Gold & Silver

No one knows when gold and silver will rally and anyone who says otherwise has already been proven wrong. Despite a decent rally in both gold and silver over the past 7 trading days, a look at the charts shows that both remain in bear market conditions overall with no defined indication of ongoing strength. Read More »

5. Noonan: Everything’s Upside Down, Including the Price For Gold & Silver – Here’s Why

We live in an Alice In Wonderland, circa Orwell’s 1984 world. Everything is upside down, and that includes the price for gold and silver. Read More »

6. More Conclusive Evidence Needed Before Jumping On the Latest Gold Bull Story – Here’s Why

The short-term outlook for gold is promising. However, with the golds having moved so far so fast, they are a little extended here. I would like to wait for more conclusive evidence of upside breakouts before jumping on the gold bull story. Let me explain why I hold that view Read More »

7. Is Gold Ready To Bounce? Not Likely! Here’s Why

Gold and silver have been all over the map in 2014. To figure out what’s next for the metals this article assesses their deep and long term status as speculative assets and the relationship between the two metals and determines what must happen to reverse their continuing decline. Read on! Read More »

8. The Pain Is Probably Not Over For Silver Bulls! Here’s Why

Silver has now dropped to $19 and is down 3.1% for the year. Unfortunately, the pain is probably not over – yet. Read More »

9. Noonan: How Long Will These Low Prices In Gold & Silver Continue?

How long these low prices in gold and silver will continue is the ever pressing question on the minds of the gold and silver community and topic of so many articles written by the experts. While many have striven to provide an answer, and 2013 failed to match the “predictions” as to the “When?” issue, the best answer is: For as long as it takes. Here’s why. Read More »

10. Noonan: Gold Remains Low For These Compelling Reasons

The current unnatural control over the natural forces of Supply/Demand could continue much longer than most expect – the disappointing expectations for 2013 may repeat in 2014. Here is how we see the developing “story” that explains why gold and silver have not changed trend. Read More »

11. Noonan: Forget About $5,000+ Gold; It Ain’t Goin’ Happen Any Time Soon!

Tell us where in the charts below there are any indications that the “true” value for gold should be in the $5,000 – $10,000 per troy ounce range, or silver in the $100 – $300 range. If you see extraordinary bullish signs within them, let us know, because we certainly keep looking and cannot find any needle in these “haystack” charts! Read More »

12. Noonan: The “Rothschild System” & the Present and Future Price of Gold

If the East has gained control of the gold, and the West is essentially insolvent to its core, why aren’t gold and silver finding a higher level that, at a minimum, would reflect a simple adjustment for inflation for the past few decades? The answer is really quite simple: the “Rothschild formula” is is alive and well. Let me explain just what the Rothschild formula is and how it is influencing the price of gold. Read More »

13. Will May 20th Go Down In History As the Day the U.S. “Petrodollar” Monopoly Was Finally Shattered?

The struggle over Ukraine has caused Russia to completely re-evaluate the financial relationship that it has with the United States. If it starts trading a lot of oil and natural gas for currencies other than the U.S. dollar, that will be a massive blow for the petrodollar, and it could end up dramatically – and negatively – impacting the average American’s current standard of living. Let me explain. Read More »

14. Any Further Weakness In U.S. Dollar Would Signal Acceleration Of Downtrend – Got Gold?

The American dollar will be overthrown…in as short a period as 5 to 10 years says one analyst while another believes it will happen as early as 2015, 2016 latest. Here’s why. Read More »

16. The U.S. Dollar Will Collapse When This Upcoming Event Happens

If we want to better understand the answer to the elusive question of “When will the fiat US dollar collapse?”, we have to watch the petrodollar system and the factors affecting it. Read More »