I watched on BNN the gold and silver prices this morning trading in their usual manner of late. But wait, there they go with an unfair shot at a PM Co., Mag Silver today, playing up unsubstantiated and untrue charges of problems in Mexico…all BS. Of course BNN is simply another media puppet of you-know-who. So, it is the ‘same old’ routine…the Cartel, now late in the game and against all odds… is going to continue to struggle, to do whatever it takes as long as possible, to dissuade investing in the currency metals (and especially their stocks) in the face of the undeniable, cyclical proof of historic and contemporary hording, acquisition and demand for both. These kingly and princely metals, that have been precious held currencies over 5000 years …as safe havens, backstops and fortunes of realms, kingdoms, empires, Czars, emperors, dictators, mob bosses, money changers, democracies, tycoons, thieves, peasantry, bankers, magnates and the wealthy…and the uber wealthy (Rothschild’s, Soros, etc.). The farce unfolding in front of our bleary eyes is in its most tedious of all stages, as it rattles more hollow with each gasp of the perpetrator’s shallow breath. Deny, deny, deny…lie, lie lie. Everyone on earth knows what a charade it now is…even Joe six-pack, burdened with debt, unemployment, real wage reduction, loss of wealth, real inflation and dim prospects who is being squeezed/cajoled into selling the family jewelry and coins to make ends meet….while the dealers make dough… and the burgeoning middle classes and even lower classes in China and India keep buying.

Daily, we are exposed to chart after chart showing the increasing gold and silver holdings of the Chinese, Russians and many others. We see historic charts graphically displaying the ongoing 20 year bull market in both gold and silver that commenced in 2002, and the long term charts going back 50, 100, 500, 1000 and 5000 years clearly identifying the predictable cycles of both metals. We are reminded that every single paper/fiat currency in the history of man has self-destructed. We see the desperation of the U.S. to attempt to keep the dying $US as a global currency. We are drowning in evidence that proves the corruption and suppression of the precious metals and their stocks via multiple devious and opaque and even blatant tactics. We see denial to Germany requesting to audit their US held gold reserves, the denial of the US to audit their own old reserves, the discovery by bank clients that their gold is not in the vaults, the undeniable 100 to1 leverage of supposed gold reserves, the undeniable ‘double counting’ on the bank’s books as in ‘gold and gold receivables’ on the same line in the balance sheet, the interminable 4 year ‘investigation’ by the CFTC into the illegal concentrated shorts of a few major banks…we even see several books and thousands of articles and essays written on all the above.

The ‘end game’ strategy by the Cartel isn’t really and end game at all. It is a well-planned but dangerous ploy that started in 1913 when the US Fed. took over the paper currency of the US followed by the US dollar becoming the global currency, the closing of the gold window by Nixon in 1971, Rubin’s ill-fated and devious ‘strong dollar policy’ under Clinton, Greenspan’s about face on gold ( because he had originally claimed gold backed currency was the only way to go) when he claimed the central banks stood ready to sell gold into the markets…and did so for over 10 years, and to top it off, he thought it was just fine for banks to regulate themselves… to the Fed’s ‘QE’…to Geithner’s ‘unlimited debt ceiling’. It goes on and on but in a nutshell, we are at the end cycle of the race to the bottom by debasement of all world currencies. All the lies and deceit compounded cannot prevent the end debacle upon us. If world history and cycles rhyme, political upheaval, strife, riots, famine, immense suffering and war are on the horizon. Then what will an old silver dime be worth?

PS: Just watched the public channel documentary of the ‘Dust Bowl’ during the 1930’s…one example in history of unimaginable suffering and courage… and couldn’t help wondering how they must have thought the world climate had changed for good. Not so…cyclical weather events are indeed the norm…because the history of weather is the history of change. So, when someone says there is proof of climate change, they are right…proving it is human induced is almost impossible to argue.