All:

Listen, ultimately we are heading for a collapse of so-called Biblical proportions. Why? Everything that we, (rather our governments) are doing is spoken of in the Bible. If you don’t think the Bible has a role in everyday finances or life, spend a little time studying W.D. Gann. But we need not get fixated on W.D. Gann and start doing an extensive study of Ezekiel to ferret out numbers and hidden signs to come to mysterious conclusions. One need only consult the basic Judeo-Christian values outlined in the Bible to understand where we have to go in the years ahead. Three very simple statements to examine:

"Behold, I have found only this, that God made men upright, but they have sought out many devices." Ecclesiastes 7:29

“A false balance is an abomination to the LORD, But a just weight is His delight.” Proverbs 11:1

“Differing weights and differing measures, Both of them are abominable to the LORD.” Proverbs 20:10

The gold standard is and always will be an honest system. It has been around long before we were here and will be around long after. Actually for those of you students of the esoteric sciences, you will know from Ignatius Donnelley’s study of the lost continent of Atlantis, gold was used on that continent as honest money for over 100,000 years. But man, in his infinite, or rather should I say “infantile” wisdom had to figure out a way to get around that, so he came up with paper money. Why? Because paper money is a system that one can manipulate and when one can manipulate, one can cheat. And cheating is the name of the game for people trying to get ahead at the unfair, un-agreed upon expense of others. It usually involves a “smarter” group getting more from another “dumber” group in the short run. The shorter run, in our case, has been the past 75 years or so.

The Smoot-Hawley Tariff Act was designed to give one group an unfair advantage over another group. Basically it said, “We won’t buy your stuff. But you buy our stuff, because we are so great and wonderful!” Maybe it didn’t say the great and wonderful stuff, but there must have been some sort of sentiment like this. Otherwise why would somebody want to do such a thing? Why should another country suffer and work their butts off, so we could have a lot of great stuff and thrive at their expense. This whole deal was basically pretty unfair, so nobody would do it. Or rather…It didn’t work.

Therefore, Plan B was originated. Plan B was this… Devalue the currency so people will have to buy from us, and our people can’t buy from them. Printing more money makes everything more expensive for Americans to buy and cheaper for foreigners to buy, so those foreign buyers (consumers) all think they’re getting a great deal. And their consumers do get a great deal initially, but their producers suffer, just as ours benefit. We can’t buy anything from them, but so what? We can sell them things. And since we can sell them a lot of crap, we can raise wages for our people so they can buy more stuff here. If the results of this weren’t about to get so serious, the situation would be funny.

So this strangeness goes on and the standard of living seems to improve, but in reality it is all legerdemain. Our sellers make money and our buyers get screwed slowly over time as prices go up. In the beginning foreigners can’t sell to us, because their currency is so strong compared to ours. So in order to compete, they have to work for very low wages and live very poorly.

That’s the only way they can do it, and they have to because the world has been decimated by World War II, so we’re the only market big enough to by a great big lot of their stuff. So this goes on for awhile. And during that while, the whole thing changes, we start becoming an importer or cheap crap. We develop devices within our devices. (See Ecclesiates above.) “Things bad begun make themselves strong by ill.” (see Macbeth.) In other words, cheating breeds more cheating, and in even more clever and interesting ways.

And the result: We can’t compete anymore, because we’ve gotten lazy and sloppy as a result of the artificial advantage we’ve had for such a long time. Thus, everything reverses itself. Like a magnet reversing polarity.

This is called irony, and it is the punishment for the inability to understand or recognize the existence of paradox. (See James Dines, DINOPA)

So we need a way to rationalize our stupid existence and someone comes up with the idea of “A Service Economy”, failing of course to recognize that a service economy is needed only to service the needs of a producing/manufacturing economy. One cannot exist by itself. It is illogical. Like hiring a maid to make beds for a hotel that has no guests. (If you are a true Keynesian, you can hire guests and use tax dollars to pay for them, but let’s not get too far ahead.) So that goes on for awhile, while the rest of the world doesn’t recognize it and continues to work and slave away to keep it going. Eventually, however, they wise up and say, “Wait a minute. Why sell it to them for peanuts when we can sell it to ourselves for more. We can have our own economy. Those Americans kicked the crap out of everybody during World War II, and Arnold Schwarzenegger and Chuck Norris live there, but look at them now…They’re fat and lazy and go to the emergency room for a sore finger! When the U.S. is the only major export market, they can’t say this. They are stuck selling us their crap. But eventually that changes. Economies throw off Communism and grow up and want to start acting like adults, and they get sick and tired of our crap.

We need to try to keep playing the same game, however, because our politicians who are the grandchildren of those who fought bravely at the Battle of the Bulge now battle only the bulge of their increasing waistlines. So they lower interest rates and keep increasing the money supply to try and perpetuate our unfair advantage. Lowering interest rates screws up an honest system of weights and measures also. Why? When interest rates are so low, nobody wants to hold the currency. They don’t want to save it, so the only thing to do is spend it or invest it. This creates an artificial boom, not based on increased production or productive ability, but based on increased spending. Granted production might increase but the point is that production increases are not what are driving it. What is driving it is dishonest weights and measures. This is no good. Bling glate dishona to America. And it will end poorly for those left to pick up the mess someone else started. Examine your life! The unexamined life is not worth living. Remember that. You are in a mess of someone else’s making. You shouldn’t have to suffer, but you will suffer if you don’t figure it out before it blows up. Gold and Silver and major and junior miners that have the stuff. Protect yourself and your family. Bull