from The Wealth Watchman:
Here I sit at 3:45 a.m., and as I see gold and silver’s price sky-diving with anvils strapped to their backs(with gold ticking its low of the day so far at $1,139, and silver at $15.18) I’m reminded of what I wrote to my brothers less than a week ago, in the Watchman’s Warning:
“I believe the enemy is coming again in a big way, and telling yourself reassuring lies in the wake of his charge won’t save you, and won’t stop them. Don’t do it!…
You must not allow yourself to give counsel to voices who are telling you that rosier times are just around the corner! Tune those people completely out.
You must not concentrate on price direction alone in the days ahead.
You must not go on vainly hoping that price direction might change at any second.
Most importantly, you must not go on believing in “strong price support”, it does not exist!
Do not ask, “How low can this go?”
It can and will go as low as the banks wish to take it, while they still have something to deliver to those standing in line for it.
Do not ask, “Where is the next line of “strong price support!?”
Repeat after me: the enemy owns the chart, the enemy is the chart.
Plant your feet, prepare to dodge the worst of their assaults, and give them one merciless counter-attack after another!
My brothers, if “strong price support” existed(it doesn’t), rumor has it, that it’d be lurking near “$1,100, and then at $1,050 “fuh sure!” in gold, and at $15 and then $14 for silver. So, if we get down that far, I’d expect the enemy to let it bounce up for a relief rally….enabling all the cheerleaders to proclaim that we’re once again “in the money!(at lower prices than ever)”, to be followed by another soul-crushing smash.
Again, this is to be expected, the downtrend they’ve painted is still in place, and WTI oil(which I warned about) has broken through $80 with conviction, and is now trading at $76.75, which is getting dangerously close to that mid $70′s figure, I mentioned. Again, you knew this was coming!
Give these market riggers no quarter as they do this, help end this blatant display of criminality, it is within our power to do it if enough people just step in to parry these blows, and counter attack! We can help bring the bullion and central banks’ Judgement day just a wee bit quicker, and our day of Vindication a bit sooner too.
Do not be afraid. They thrive on fear, as bacteria on a petri dish. Let confident courage be the air in your lungs!
One of the Watchman’s heroes, the great G.K. Chesterton, once timelessly and powerfully wrote of democracy:
“…The situation comes to this: The democracy has a right to answer questions, but it has no right to ask them. It is still the political aristocracy that asks the questions. And we shall not be unreasonably cynical if we suppose that the political aristocracy will always be rather careful what questions it asks. And if the dangerous comfort and self-flattery of modern England continues much longer there will be less democratic value in an English election than in a Roman saturnalia of slaves. For the powerful class will choose two courses of action, both of them safe for itself, and then give the democracy the gratification of taking one course or the other. The lord will take two things so much alike that he would not mind choosing from them blindfold—and then for a great jest he will allow the slaves to choose. “
Man, it just hits you like a “1,2 punch” to the gut, doesn’t it? He nailed democracy….to the wall!
And as I sat on election day, trying to find the proper words to describe how I felt, I suddenly realized how differently this Watchman regards elections, in comparison to how I used to feel.
Because the truth of the matter, is that I feel totally alienated from the entire process of elections, and from the man I used to be. My brothers, I’ll bet the same is true for many of you.
Growing up, I would’ve been really nervous about election day, asking myself things like:
“Will ‘the good guys’ win? Will we ‘take D.C. back’? What happens if the ‘wrong people’ keep control of D.C.? Man, we are so screwed if that happens!”
I’ve long come to recognize the Federal political process for what it is: a mindless distraction, and a useful tool for releasing public anger.
U.S. imperial democracy: what a total non-solution to our common problems, and a total waste of time!
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