Global Stagflation Forces Big Alliances To Adapt

History is written by the victors, the losers are no longer around all that much after all to write anything. So history almost always tells us that what came out of the conflict was good and right. Until someone else wins - then history gets re-written. Well I think history is being rewritten right now and I'll explain why.

It’s sort of like official employment statistics, or GDP figures. They change later when your attention has moved elsewhere and you’re no longer looking at them.

We seem to therefore have a need to revisit past events (and stats) at a later more informed stage, and if necessary revise the official account and maybe our possibly erroneous recollection of what took place. You see propagandistic “spin” is of the moment. Like a marketing campaign which has a certain running cost, the dissemination of lies to mask and confuse the release of factual information has a time limit and then it switches off. That leaves the written history of an event remaining for posterity. Who wrote it? What were their motivations? Does the written history need to be revised or not? These are questions that market participants must bear in mind. They could be learning the right or wrong lessons from events depending on veracity and completeness of the incoming information.

Let’s look at an example or two.

Capitalism, it is said, provides an environment whereby the survival of the fittest takes place within the sphere of business. Well, that’s what they say. (who says?). But wait a minute: how about if a health insurance company has a competitively priced and good value insurance policy, which is good for it’s customers, but somebody elsewhere brings out an industry wide law that makes this health company and it’s product go away. Was that survival of the fittest or something different? Power counts as well as fitness I think.

Ok that’s a selective case. Maybe I should leave the body politic out of it and try again! Did you hear the story about the guy who struck gold and built a gold mine? He had a hole in the ground and money came out of it. What could go wrong? Well there was this other guy with a printing press who could also print money. Now that should not be a problem in theory, because the more money the printing press prints, the higher the value of gold should be. One cancels the other, right? Ah but what if the guy with the printing press uses his freshly printed money to buy bonds and push up the price (pushing down interest rates)? Gold is “safe money” and bonds are supposed to be “safe money” too. So if somebody pushes up the bond price, that competes with, and pushes down the gold price at the same time, doesn’t it? Scissors cuts paper, rock breaks scissors, and printing press breaks gold mine. Tough luck Mr Gold Mine Guy! You must have been an “inefficient business” since you "failed to thrive" under capitalism!

I think by now I have made my point. History is written by the victors. It will always neglect the finer details of the losers' stories. They’re extinct species, they failed! We are the Champions my friend! Move on, there’s nothing to see here! Therefore the study of market history may not help one to get an accurate interpretation of current events, because the history may focus on “didn't matter” key points, and the “pivotal things that really matter” can slip away with little comment made for future reference.

In this context I would mention the example of the Hunt Brothers corner of the silver market and the top of interest rates while Paul Volcker was working at the Fed.

Here is a very good question about that time: was gold tracking silver downwards after the Hunt were “broken” by the Comex liquidation only rule, or was the it more significant that the Fed was guarding ability to borrow by selling T-Bond paper debt, and for that reason there was a requirement to prevent gold assuming even greater status as a safe asset to hold?

Here are the prices of gold and the T-Bond at that time for the six years from 1979 to 1985 (gold is represented by the darker line):

Note the anti-correlation during end of 1979, and the change after that date a major feature of the time. The breaking of the Hunt’s corner and the silver (and also gold) highs were at Dec 79 - Jan 1980. The correlation between both metals and the T-Bond which is much less commented upon in financial history is also clearly visible. So the Federal Reserve had a serious interest in this as their borrowing costs were rising fast. I think it was all about competing fixed interest assets (gold vs. bonds), interest rates and a plunging bond market. But the history books say it was all about the Hunts and silver and stability.

In the circumstances it becomes interesting to see what is going on now in the competition between bonds and gold for their asset allocation prioritization by buyers of either.

Here is the same chart for the last six years from 2008 to 2013 (gold is represented by the darker line):

Once again the correlation is clear, but it appears to be a medium term generalized correlation rather than a short term or precise correlation.

There are not all that much information available about the relationship between the price changes in gold, and bond prices. The key technical indicator or study for this is of course the Gold:T-Bond ratio, which keeps a low profile in technical analysis.

A closer look at the Gold:T-Bond ratio seems appropriate at this stage. The ratio between the two markets, gold and the T-Bond is shown below:

That is a lovely descending trading range above isn’t it?

I propose that not only is the USD playing "pass the printer" in a relay race to the bottom with other dollar index currencies, but gold is for the moment included within this arrangement - for the necessary purposes of non-transparency of the pact between Central Banks. Bond support - gold suppression.

The problem with this arrangement is that (in my opinion) all resources were also included in this scheme (was the Comex founded expressly for that purpose?) of price suppression for cheap purchase by the west. The power of the west was recognized and respected by the unfortunate resource producers, who could not do much about that situation. Rather like gold bugs nowadays complain about price suppression activities in the precious metal markets, not much happens to stop it and that reveals the identities of the owner(s) of the fist(s) inside the glove as it were.

Only at high inflation times did the producers of energy fight against this, and attempt to raise the price of their exports when priced in rapidly diminishing value western currency. Hence during the 1970s we see that OPEC pushed up the price of oil; by reducing production. Well the new producers of oil, and natgas, and the buyers of those products in the far east are not so easy to intimidate. There is a certain change in the middle east as Israel must now be included as a natgas producing nation and must move towards new affiliations with other energy producing nations. These changes are already evolving into some sort of real form and the Saudis negotiating with China and Russia is a part of the same process. Cyprus has/had a lot of natgas I assume but the old tried and tested US-UK-IMF-World Bank-ECB indebtedness exploit package will soak much of that up in repayments. The ways of financial confiscation are never going away it seems. However, on the other hand, Russia and Gazprom today are not 1970s OPEC.

Things are not quite clear cut, as both Russia and China, in addition to producing energy and wanting fairer prices for those, are at the same time importers of agricultural softs and their interests in those would be aligned with the interests of the west. So for example: China wants low cost gold to acquire, low cost grains, and so on, and this causes a certain wishlist of pricing circumstances which is not all that different from eg the USA and UK. They are colleagues, not friends or enemies, because they are allied on some issues, and competing on others. You could say whole countries have become a little like political parties as they jockey for position but all depend on each other not messing it all up to some degree.

Any way I have rambled on long enough now. There is no clear conclusion about these matters, only a recognition and bringing of certain changes to readers attention for discussion and further research. The strategies to safeguard resource pricing under inflation during the stagflation of the 1930s-40s evolved into new alliances during the 1960s - early 80s. And I do not spend all my time in geopolitical research, but this article is instead a stream of thought about a global matter that has become visible while located near the edge of my main research focus as it were. I'm open to criticism on it as well as the contribution of additional information to the thesis.

As I see it, this boom-bust-stagflation cycle turned and here we are in the stagflation phase again with heavily indebted governments each wishing to trash their currency thoroughly. They at the same time wish to apply the cost of that inflation upon (a) their subjects and (b) the countries selling them commodities. Difficult problem that, because the opposition want to do the same.  Modern financial markets are intercorrelated, and some of the producing countries are now consumer countries and vice versa. So old alliances alter to take account of this and new alliances are forming. The commodity-resource acquisition game is evolving into something new.

Argentus Maximus

.

The author posts daily commentary on the gold and silver markets in the TFMR forum: The Setup For The Big Trade. More information about the author can be found here: RhythmNPrice.

86 Comments

Ferd Torgerson's picture

I Suppose I Could

It's right there waiting.

Should I?

Nah!  One must be judicious in claiming honoraria for oneself.

Be that as may be, this comment does precede any that might follow.

silver66's picture

Second

I probably shouldn't either , but what the heck

Silver66

achmachat's picture

thurd! Adverse effects of hyperinflating our currency:

Mr. Fix's picture

Excellent post, we are a part of history.

A lot of what I read on the Internet, particularly if it is of historical significance, is being rewritten on a daily basis, to obscure the truth, and to give the farce that we are living under legitimacy. Simple concepts such as good and evil, right and wrong, are being turned upside down, and our heroes have become villains, and the scum of the earth are being propped up as role models.

Technology that would benefit  humanity is being suppressed, and  technology for the sole purpose of control and surveillance is promoted.

These are indeed strange times we live in.

I fear that if there is a genuine global cyber attack, or a massive grid failure, a vast majority of human knowledge could almost instantaneously be replaced with pure propaganda, and disinformation. 

I tend to use my printer a lot these days, for the sole purpose of saving what is important,

not just for myself,  but to pass on   when there's no one left to remember what's happening,

and there is an entire generation who has been too dumbed down to form a coherent thought.

Silvergunn's picture

Nice analysis Argentus Maximus

War is Peace, Slavery is Freedom?

Fifthdom...

Argent's picture

Technology.

Technology was a slave of man,now man is a slave of technology.

redwood's picture

Another excellent piece all

Another excellent piece all wrapped up in common parlance....you are a real gift to this community argentus. 

As to the content this may be the most important paragraph:

"Things are not quite clear cut, as both Russia and China, in addition to producing energy and wanting fairer prices for those, are at the same time importers of agricultural softs and their interests in those would be aligned with the interests of the west. So for example: China wants low cost gold to acquire, low cost grains, and so on, and this causes a certain wishlist of pricing circumstances which is not all that different from eg the USA and UK. They are colleagues, not friends or enemies, because they are allied on some issues, and competing on others. You could say whole countries have become a little like political parties as they jockey for position but all depend on each other not messing it all up to some degree."

This is the one possible reason why we might not see the metal prices rise as expected just a couple of years ago.  Something seriously to consider.

Silverivalist's picture

Correcting History

"History is written by the victors, the losers are no longer around all that much after all to write anything. So history almost always tells us that what came out of the conflict was good and rightThanks Argentus, no truer words have ever been spoken.

Staying on topic of who gets to write the history books, I have been watching Oliver Stone's "The Untold History of the United States" which was aired on Showtime last year. Stone says he  produced the series because he was upset with the lack of knowledge young people were getting from the public school system.

The 10 part series begins with  WWII and FDR's administration. It tells about many of the good guys that were somehow left out of the history books. It also explains how the masses have been trained to feel we are the good guys that spread freedom and democracy around the world.  It is now available for download on itunes and Amazon instant video. 

http://www.sho.com/sho/oliver-stones-untold-history-of-the-united-states/home

Bollocks's picture

Ok, I'll post it here then...

seeing as no-one seems to have watched or commented on it. (Or maybe someone posted it elsewhere and I missed it?)

This documentary proves the markets are rigged.
No action by the SEC when presented with the evidence (what a surprise).

ctob's picture

More localized

http://www.zerohedge.com/news/2013-11-10/iran-nuclear-programme-deal-fails-due-french-block-new-saudi-french-alliance-emergin

My theory on current alliance trends is that these concerns are shifting from petro-dollar to more local delivery and possible denials.  In the above article I think the French motive is an alternate delivery of NatGas from Qatar.  Saudi's were blocking Qatari pipeline before.  Syria was really about two different pipeline deals.  France is in an interesting spot.  They are way more nuclearized for electricity and their nuclear is far more modern than the dinosaurs of the US (therefore much more secure/longer term/cleaner).  But they still use considerable NatGas.  However they are the end of the line.  So not only vulnerable to Russia but each country the pipelines go through.  France want Qatari and Saudi energy possibly by pipeline but possibly via liquification and shipping as well.  Thus we have the pipelines AND Eqypt's canal as major concerns.  Thus we see France aligning with the two major Wahabi nations against the shiite Iran/Syria axis. 

Dagney Taggart's picture

Interesting regarding Bitcoin...

https://github.com/bitcoin/bitcoin/blob/master/src/main.h

See line 54 of the code: static const int64_t MAX_MONEY = 21000000 * COIN;

So when 21,000,000 bitcoins isn't enough, the programmers can just increase it? How convenient. Where have we seen this scam before??
 
ctob's picture

@dagney

No.  Not exactly.  See each node is running whatever code it has and various users would need to agree on the change in a version.

There has already been a case where there was a problem between versions happened and various keyholders agree to release the keys.

The 20 million coin limit is something Satoshi initially design into the system.  Of course it could change.  I mean seriously don't be ridiculous.  But the method of changing is not as simple as you make out.  Bitcoin is a concurrent system and therefore quite complex to deal with differences between nodes and managing shared resources.  Code in an editor is inert.  Code in operation is something else entirely.

Now consider what happens if Bitcoin never actually changes that limit on coins.  Then it is inherently deflationary.  This is actually covered in their FAQ and is currently an open debate.  No real honest bitcoin people pretend to really know all the consequences of this.  The FBI siezed something like 0.5-1% of all existing bitcoins when they siezed pirate bay.  The FBI can't break the encryption on them.  This means that unless Ulbricht gives up the key they are gone from circulation forever.

If this happen twice a year for 10 years that is a serious change in the supply of bitcoin.  Whereas Gold has always grown a small amount even though some is lost to the bottom of the ocean.

There are many subtlies of this not being explored by the pumpers on both sides.

Orange's picture

Bollocks

Thanks for posting that. Everybody should view the video.

SilverDog66's picture

Bitcoin

Anybody else here gutted about the price of Bitcoin? Feels like it should be us out there riding the mania phase. I would have settled for $395 for an oz of my silver, blehhhhh the drag continues......

tyberious's picture

Bitcoin

Can I pay bills with bitcoins? How many vendors take bitcoins? And how can u get actually physical currency or money with bitcoin? I haven't researched it all.

ctob's picture

bitcoins

There are far more ounces of silver than bitcoin.  In fact there are far more ounce of gold than bitcoin.  

Can you pay your bills?  Well that depends on how much stuff you can get from dealers like amazon.  In theory even a simple dollar store could do transactions in bitcoin with just mobile phone for dealers and customers and the bitcoins themselves are I guess infinitely divisible.

With things like bitPay: https://bitpay.com/amazon

there are various online type outlets using bitcoin but not that many normal brick and mortar stores although they could do so.

In theory: everyone could use it pretty easy.

In practice: a surprising number of online retailers are using it, but very few brick and mortar.

Disclaimer: I own no bitcoins.  This is mainly because there is no reason there cannot be many many parallel systems and therefore all the scarcity calculation are unlikely to be correct.

Bollocks's picture

Indeed Orange

It's a major piece of work. Quite a revelation.

What's interesting is that the documentary makers didn't say overtly what could be concluded by the evidence. That would be impossible to prove unless you owned the means to send and receive data. That's controlled by the owners of the ISP's. That's the media companies - tptb. Also, to say it overtly would probably result in an instant lawsuit.

This is what I see:

All trading data (and I'm not a trader, this is just my conclusion) has a miniscule time-delay built in. The ISP's - the owners of the media companies - have programmed this in across the entire system. It would be impossible to detect because everyone is trading behind this time-delay. (It would affect all data transfer across the Internet of course, not just trading data).

This means that at any time tptb wish, they can be at the front of a trade. Haim Bodek (if that's the correct spelling?) has shown that this is so.

The flash crash in 2010 was possibly a test, to see if the system could be crashed via this time-delay. This means they have the means to crash the system whenever they want to. They have ultimate control. And it looks like they probably will crash it when it's time.

Which also leads me onto the chat here about bitcoin.

As an electronic currency, regardless of bitcoin's apparent peer-to-peer advantages over any other form of currency, it uses the systems provided by the ISP's. They can therefore destroy confidence in it any time they want.

Beware of any electronic currency unless you own the systems that are required to transact with it. tptb own that.

Gold and silver are true money. Where we're at now I truly believe they are the only insurance that will survive.

achmachat's picture

Bollocks!!!

Bollocks's picture

achmachat

Thanks yes.

Looks like the revealing of the truth of what's happening, as presented in that documentary (and perhaps also in my conclusion), is in direct proportion to the amount of control currently being forced on us by tptb.

The truth always wins in the end. smiley

 

Hagarth's picture

Obfuscating clarity

While reading AMs rendering of the Global power players use of their own policy structures to scratch out some form of complicity within each Sovereign resource available, determining the next moves has become cloudy.  This at a time when we have multi-billion dollar fund managers scratching their asses hoping for some reasonable market indicators to alight upon their shoulders whispering sweet somethings.  Confusion is setting in along all sorts of usually bipartisan relationships, suggesting an inordinate amount of turmoil coming soon. 

With some regret I am also pointing fingers at the G/S writers and activists, (.......) you all can fill in the blank.  Now whether any of these people have any dark motives from above I personally do not care, it's the result of the feces tossing that I see as compelling.  Over the last few decades there has been a very good program in effect "teaching" people to avoid confrontation, via the news (nothing is good on the news) subsequently people refuse to pay attention to what is happening around them.  At a time when more gold than I could ever imagine has been "moved" to another locale and prices have fluctuated in an supportive zone there seems to be FAR TOO MUCH DRAMA from the pumpers, interesting no?  To most quite offputting, but looking from the outside in is instructive as to the direction Media owners and their "friends" wish to manage perceptive reality. 

I may be rambling, apologies for this but I really watched and enjoyed TV for 40 plus years, therefore the focus sometimes becomes lost. 

Right, Confusion!  All of us in the world are dealing with Central Banks dictating their will that many regular people do not understand the reason for implementing.  Side deals between Sovereign States has jumped a few sharks in the past few years and I assume that some Black Swan that relates to these sides deals will cause unprecedented Shock to the Global Matrix. Too many fires to manage, a good example is the 2012 Benghazi debacle and its associated movie Argo being released for mass consumption to influence public mindsets towards a positive state responseto the crisis, which failed thankfully allowing many to live without bombs dropping.  This failure alone caused an reflection on policy stances globally redefining alliances, at least publicly.

Now is the time to start redefining YOUR realities my friends with it will come semblance of peace in all your actions.  Follow the actions of the Republicans in this news article and may you find your own truth within yourselves.

    

Republicans Just Changed The Rules AFTER A Virginia Election To Change The Outcome

Already shaping up to be one of the closest races in state history, a last-minute rule change is stirring up the recount to decide who will become Virginia's next attorney general.

The Daily Press of Newport News, Va. reported Friday that Republican candidate Mark Obenshain had an unofficial lead of just under 1,300 votes over Democratic challenger Mark Herring. That tally did not include full provisional ballot totals, and as of Saturday, a fresh rule change was complicating matters.

According to a report by WTOP radio, the Virginia State Board Of Elections decided Friday to change rules relevant to Fairfax County, banning legal representatives from helping count votes, unless the associated voter was actually present. The board changing the rules is dominated by Republicans.

Fairfax County's Electoral Board said Saturday that the modification affects hundreds of voters, and WTOP added that both Secretary Brian Schoeneman and Board Chairman Seth Stark expressed disagreement with the ruling. Provisional ballots are defined by the Virginia Board Of Elections as follows:

When the voter’s name is not on the pollbook, the voter believes he is registered in that precinct, and the registrar’s office cannot be contacted to verify that the voter is registered.

Note: If a voter chooses to vote a Provisional Ballot because they are at the wrong polling place and are unable or unwilling to go to the correct polling place, their vote will not be counted.

When a voter who registered by mail on or after January 1, 2003, and did not mail in a copy of their ID at that time, fails to show one of the federally required forms of ID when voting for the first time in a federal election.

When a voter who was sent an absentee ballot has not received or has lost the ballot, and appears at his regular polling place on election day.

When the normal voting hours are extended by court order.

Back on Thursday, the Washington Post explained how the issue first came to fruition. Pre-provisonal-ballot-tallies from the State Board of Elections website showed Obenshain leading Herring by 777 votes. But the team of Rep. Jerry Connolly (D-Va.), who serves the 11th district, flagged a potential issue in Fairfax County -- where portions also fall under Rep. James Moran (D-Va.) in the 8th District, and Rep. Frank Wolf (R-Va.) in the 10th District.

From the Post:

According to state numbers, Fairfax reported an unexplainably lower number of absentee ballots cast in the 8th District than in the other two congressional districts.

The county keeps track of how many voters request absentee ballots as well as the number who actually turn them in. In the 10th District, 88 percent of voters who requested a ballot actually voted, while 86 percent did so in the 11th District.

But in the 8th District, the state board shows that only 50 percent of those who requested ballots — 4,168 out of 8,363 requests — actually cast ballots, a response rate not only lower than the other portions of Fairfax County, but lower than any other congressional district in the state, according to the Connolly campaign.

The Fairfax County Electoral Board met Saturday morning and released an official statement later in the day on the provisional ballot totals in question. Final results show that tabulation issues led to an error affecting approximately 3,200 votes, the board said.

With Friday's state rule change in place, the board added that final results are expected on Tuesday Nov. 12, with a midnight deadline in place. NBC Washington also notes that any voter who cast a provisional ballot now has to contact or visit their local Board of Election office by then to have their say count.

http://www.huffingtonpost.com/2013/11/09/virginia-attorney-general-race_n_4247571.html

AlienEyes's picture

Oh what a tangled web we weave....

Nations will always act in what they perceive to be their own best interest. (from Econ 201)

Unfortunately, nations don't always know what is in their best interest. (from Govt 102)

For every action, there is an equal but opposite reaction. (from Phys 101 and Sir Isaac Newton)

The required reaction need not necessarily occur at the same time as the original action. (Econ 201)

Wild cards can have any face value determined by the holder. (According to Hoyle)

If a nation is stupid enough to act in their own best interest when they are totally clueless as to what is in their own best interest, at some time in the future, the excrement shall strike the impeller. (AlienEyes)

edit : I am painfully aware of your point, Mr. Fix.

Thanks for another winner, Argentus Maximus.  yes

Mr. Fix's picture

@ AlienEyes

" Nations will always act in what they perceive to be their own best interest."

This is  only true outside of the United States, where the government is not openly treasonous.

Under the current  administration, this particular nation always acts in a manner that will inflict as much damage to itself as possible.

(Mr. Fix).

redwood's picture

Thanks Bollocks

I've been waiting a while to see a video like that.  Exceptional and something every trader needs to see.  Made me smile (or cry) when someone referred to the market as a circus.  I've used that term more times than I can remember. 

However the most important point in that video is that no one understands the market.  Technology has arrived at a point beyond human control. Well has been at least since Einstein's atomic theory, if not with the industrial revolution. It reminds me of robotic surgery....supposedly one of the greatest recent breakthroughs in medical science.  Sadly we now have statistics that show the morbidity associated with this high tech method.

AlienEyes's picture

@Hagarth

For the sake of clarity, I offer the following definition :

Fairfax County Virginia = A magnet for 1,100,000 filthy carpet baggers from hell and "over-paid government workers", none of whom were born in Virginia. These "people" are not typical of true Virginians and are despised by the native born. It is a travesty that any of them are allowed to vote at all. See also : bastard rats, foreign devils.

Bollocks's picture

Aaah yes redwood

"no one understands the market"

Yes, sure. But understanding the market is not the point to tptb. It's about control. If you have control you do whatever you need to - to keep control.

Control doesn't need understanding. Control uses force.

tptb force results in the markets - having built in this apparent time-delay - to further their own agenda and retain control.

To me that is the most important conclusion from that documentary.

 

redwood's picture

Well I won't argue that, but

Well I won't argue that, but knowing what the hell you are doing is a little bit important.  Do I need to say Hiroshima? It's important to understand that the market is essentially like a nuclear instrument that once unleashed cannot be contained.  It might even swallow up its own makers.  Ha, imagine that!

Bollocks's picture

redwood

"It might even swallow up its own makers"

Exactly. They are out of control, in their need for more and more control.

tyberious's picture

The World is Watching: Obama

The World is Watching: Obama ACCUSED of CRIMES AGAINST HUMANITY in International Court

 

from Daily Caller:

President Obama has been accused of crimes against humanity in a new complaint submitted to the International Criminal Court, based in the Hague.

Obama’s support for Egypt’s recently deposed Muslim Brotherhood-affiliated governing party forms the basis of the complaint filed against him by a group of Egyptian lawyers.

“Obama cooperated, incited, and assisted the armed elements of the Muslim Brotherhood in the commission of crimes against humanity in the period from 3/7/2013-8/18/2013, in the Arab Republic of Egypt,” according to the complaint, which was reported on by Egypt’s El Watan newspaper.

Read More @ DailyCaller.com

Gramp's picture

3 Day Weekends...

Seem to be a favorite time for Price Smack Downs in the metals! 

~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~

Veterans Day

"He was getting old and paunchy and his hair was falling fast,
and he sat around the Legion, telling stories of the past.

Of a war that he once fought in and the deeds that he had done,
in his exploits with his buddies; they were heroes, every one.

And 'tho sometimes to his neighbors his tales became a joke,
all his buddies listened quietly for they knew where of he spoke.

But we'll hear his tales no longer, for ol' Joe has passed away,
and the world's a little poorer for a veteran died today.

He won't be mourned by many, just his children and his wife.
for he lived an ordinary, very quiet sort of life.

He held a job and raised a family, going quietly on his way;
and the world won't note his passing, 'tho a Veteran died today.

When politicians leave this earth, their bodies lie in state,
while thousands note their passing, and proclaim that they were great.

Papers tell of their life stories from the time that they were young,
but the passing of a Veteran goes unnoticed, and unsung.

Is the greatest contribution to the welfare of our land,
some jerk who breaks his promise and cons his fellow man?

Or the ordinary fellow who in times of war and strife,
goes off to serve his country and offers up his life?

The politician's stipend and the style in which he lives,
are often disproportionate, to the service that he gives.

While the ordinary Veteran, who offered up his all,
is paid off with a medal and perhaps a pension, small.

It is not the politicians with their compromise and ploys,
who won for us the freedom that our country now enjoys.

Should you find yourself in danger, with your enemies at hand,
would you really want some cop-out, with his ever-waffling stand?

Or would you want a Veteran his home, his country, his kin,
just a common Veteran, who would fight until the end.

He was just a common Veteran, and his ranks are growing thin,
but his presence should remind us we may need his likes again.

For when countries are in conflict, we find the Veteran's part,
is to clean up all the troubles that the politicians start.

If we cannot do him honor while he's here to hear the praise,
then at least let's give him homage at the ending of his days.

Perhaps just a simple headline in the paper that might say:
"OUR COUNTRY IS IN MOURNING, A VETERAN DIED TODAY."

-unknown

http://metaldetectingmaine.com/index.php?action=dlattach;topic=14393.0;attach=43069;image

  

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