3 June 2010 - 13:25market commentary 6/3/10

Hello all,

Market participants have continued to make the correct conclusions and discount the Euro and lift the price of gold since last month when I wrote to you last. The fact facing process has allowed Yen to appreciate and the U.S. dollar to do so as well in light of the failure of the Euro Zone’s economies. Although the biggest banks still hold huge short positions in gold and silver my thinking is that they cannot keep the prices from rising forever, in light of the failure of Keynesian economics. There is too much upward pressure on the metals due to physical demand and speculative trading on the markets to stem the tide. As investors and sovereign nations flee from one fiat currency to another realizing the futility of such “flights to safety” and start stockpiling currency whose supply cannot be artificially increased the rise in valuations of precious metals is inevitable. If you are not working with a broker who allows you to trade them contact us so we can position you to profit from the biggest bull market in history, as the world shifts back to commodity currency.

Of course the specter of the SDR also looms large and this will indeed be a battle royale between the Keynesian camp and the Austrians on a global scale. The G20 is currently meeting and no doubt seek to increase the power of the world bank and IMF which have been involved in so many shameful big spending, big profit projects for contractors to countries who don’t need them over the years meanwhile saddling the afflicted nations with insurmountable crushing debts. So basically the IMF plan is to take the same failed model of monetary policy global to remedy the disasters created by it on the national level. This would allow the UN (which the IMF and World Bank were created under) to feed equip and train it’s own army, and create the massive global government bureaucracy internationalists have dreamed of for years. In other words the same methods used to create the leviathan governments in the US, Euro Zone and other nations would be applied globally with some bankers making interest on the debt of course.

It could very well be the plan of the big banks to keep metals weak long enough for this transition to take place at which time they could “fix” the price of gold and silver to the SDR. Certainly they are astute enough to know that they can’t fight the trend forever, no matter how much funny money the Fed Reserve gives them at no interest. Make no mistake if the SDR emerges as the new global currency then currency trading as it’s now known will cease. As will any individual rights you might still enjoy as we all become subjects of global government. I urge all of you wherever you live to contact your governments and ask them to reject calls for the SDR world currency and return to the fiscal sanity afforded in precious metal currency as the solution to the worldwide fiat financial crisis.