Hi Cockerel:
Regarding the following "snippet" from today's Ed Steer:
"Today and going forward, government and the banks are of little use, as far as solving average Joe/Jane's problems. In fact, the only people that prosper by them, are TPTB (the elites, etc).
To look after yourself, you need to have assets to trade for necessities. Gold and Silver and PM shares will be the most tradable, with other necessities following close behind."
When I try to visualize the practical results of this type of cataclysmic thinking I do look at it from the point of view of Joe/Jane and, quite frankly, I can't visualize what all of this would mean to the billions of them around the world. We can toss out the thought that we can use gold and silver shares to purchase "necessities" but can anyone really see that happening? Doesn't it seem to make more sense that we need a fiat system of some kind so that Joe/Jane can be paid for working and take the results to the store to buy their food?
Certainly we know that Joe/Jane are not thinking about storing, nor are they able to store away gold and silver or shares to prepare for the day that they can take them to Safeway to do their shopping. Forcing governments to back their fiat with gold or silver, that I can visualize and understand. Surely some common sense and willingness to get the world back in some semblance of order will come into play here. At least, that is my hope.