Comments Subscribe to Personal Liberty News Feed Subscribe to Personal Liberty
 

Gold and Commodities Advancing On All Fronts

January 12, 2009 by  

Gold and Commodities Advancing On All Fronts

Have you ever seen such escalating prices of commodities? Soft commodities (farm products) are reaching all-time highs, led by winter wheat. Are you beginning to see higher prices at the grocery store? Don’t forget to always get a few extra food items for storage and to beat higher prices. Believe me, this could be big later on. I have always stored food—learned it from the Mormons.

Gold and silver stocks (the HUI) are getting stronger—led by the price of silver. I expect a big move up in the gold and silver stocks, and the coming-out party of gold and silver juniors. Yes, before it is over you will be proud of your juniors. They have been dogs so long. Mine were not worth selling.

But remember the seniors all need more reserves and the way to get them is to buy up the juniors.

Be sure to keep buying the gold and silver coins. I really believe that someday they will be in backwardation. This is when the futures price equals the spot prices. At that point there will be no more gold, silver or platinum for sale for your paper money.

Close your eyes and buy. Soon the little differences between dealers won’t matter.

What will happen to the U.S. economy and the U.S. dollar (a paper myth)? From my reading, we have been through a raging economic fire and we are nowhere near the end. However, I believe that the U.S. economy riding on a dying fiat currency will muddle through this time with ever-increasing rot.

The people must not know reality if the system is to survive a bit longer.

Please try to remember that as fiat paper currency goes to zero in exchange value, all wealth will have been transferred to the money creators and the people will be left impoverished.

The very purpose of the invention of paper money is to transfer all production and wealth to the State and the bankers without payment.

Let me give you an example. Suppose that you want a loan on your house. You go to the bank. The bank creates the money. No paper­—just computer symbols. Then you default on your “loan” and the bank takes your home. What happened? The bank got your home for nothing. They stole it.

Paper money always means inflation. Paper money is inflation. Inflating prices and maybe hyperinflation is ordained by the elite. Deflation at this critical time would undermine the system and possibly cause revolution. However, hyperinflation down the road will certainly become deflation.

It is my opinion that all who hold in their possession gold and silver coins and stored food can survive. I would add the provision that all should have legal arms and ammunition. They are also headed out of sight pricewise, and will soon be unavailable.

The whole world is still balanced on the U.S. money creators. They are all interdependent on the global economy. That will change, but it hasn’t yet.

More war equals more mountains of paper money. Iran and Pakistan are in the crosshairs of the U.S. and Israeli military. The purpose of the U.S. military industrial complex is war. War is a part of the system.

Ellen Hodgson Brown J.D., author of The Web of Debt says that the hidden U.S. cause of action against Iran is their no-interest banking system. Now they can’t allow that, can they?

Bob Livingston

is an ultra-conservative American and author of The Bob Livingston Letter™, founded in 1969. Bob has devoted much of his life to research and the quest for truth on a variety of subjects. Bob specializes in health issues such as nutritional supplements and alternatives to drugs, as well as issues of privacy (both personal and financial), asset protection and the preservation of freedom.

Facebook Conversations

Join the Discussion:
View Comments to “Gold and Commodities Advancing On All Fronts”

Comment Policy: We encourage an open discussion with a wide range of viewpoints, even extreme ones, but we will not tolerate racism, profanity or slanderous comments toward the author(s) or comment participants. Make your case passionately, but civilly. Please don't stoop to name calling. We use filters for spam protection. If your comment does not appear, it is likely because it violates the above policy or contains links or language typical of spam. We reserve the right to remove comments at our discretion.

Is there news related to personal liberty happening in your area? Contact us at newstips@personalliberty.com

Bottom
close[X]

Sign Up For Personal Liberty Digest™!

PL Badge

Welcome to PersonalLiberty.com,
America's #1 Source for Libertarian News!

To join our group of freedom-loving individuals and to get alerts as well as late-breaking conservative news from Personal Liberty Digest™...

Privacy PolicyYou can opt out at any time. We protect your information like a mother hen. We will not sell or rent your email address to anyone for any reason.