For five years, it was the same every morning.
“C’mon kids, its 6:30. Get dressed, come down and eat …
10 minutes later…
“Hey Kids, The bus will be here in 20 minutes. Get out of bed.”
10 minutes later …
“Get your %$&@ butts out of bed, get dressed and
get out to the bus stop.”
So they finally bolt out of bed at 6:57. We hand them a protein milkshake and they gulp it down while mom stuffs granola bars in their backpacks and I watch between the trees for the bus lumbering down the road.
“Here he comes. Get out there.”
They made it. Whew! But I know they are snoozing on that bus right now. Some days we had to drive them to school. But in my view, those kids slept all through high school and now half of college. Their eyes may have been open and they were moving, but they were still asleep.
It was hell for their mother and I… and I think those two munchkins learned the wrong lessons—
- You can wait until the last minute
- No real effort required
- Somebody has your back
- It’s all good, everything will be fine.
God, I’m a horrible parent! But am I simply mirroring the worldview with which our government and advertising industries saturate our sleepy, immature citizens?
For some time now, we have been using that metaphor of the “citizens of this world being asleep.” One by one they awaken to recognize that all is not well, that their governments have been deceiving them and worse, that the nation’s and world economies dowse every economic fire with a fresh batch of printed money. And I don’t even want to get started on the Mid East and extremists who blame it all on the US and other western nations. But people are waking up, though they are still sleepy. My father even asked me about buying gold. My friends are “liking” my facebook posts about the economy.
Last September the news was abuzz with prophets, prognosticators, and charlatans warning about the shemitah cycle, blood moons, stock market collapses, need for prepping and how the world was ending. In late August we saw a big pullback in the stock markets. Of course the Fed finally rescued stocks. But premiums on silver nearly doubled and many products--especially 90% coins--went out of stock at larger dealers. Buy-back prices increased dramatically... It seemed that a lot of new buyers entered the retail market, buying up the 90% and Eagles—even many brands of 100 ounce bars went out of stock. For a brief moment, a bunch of people woke up and took the first of the necessary preparatory actions.
But on September 28, the fateful shemitah day … wait for it … nothing immediate or radical happened. Stocks and metals began a recovery. All was well… (Actually, Putin gave a speech with profound implications for the future… but kids have trouble looking ahead past their next meal. We will look back and read that speech as a turning point one day.)
I suspect that the wave of buyers of silver in mid September, who drove premiums up and depleted stocks at the LCS and online dealers, I suspect that this wave of buyers were new to metals and bought out of fear. They jumped out of bed and ran to the bus at the last minute. But there was no bus. Today, they are wondering what the hell is going on. Awake, but still sleepy, eyes opened but still ignorant of how markets work and unaware of the power of the dark side. The shemitah talk was simply their first alarm buzzer.
So the teenagers went back to sleep. Meanwhile, here in the blogosphere, analysts and prophets continued to sound the warnings. I have been absolutely amazed at the FEDs power to halt these market declines, and push markets back up to the highs over the past five years. I get disgusted when I read headlines like Investors stay calm through terrorist attacks, as if individual investors had anything at all to do with the rebound.
From my vantage point, the informed consensus is that we have begun a long slow economic decline, hoping to avoid world war, pissed off at the FED and banks for their thievery, but thankful that we have not had a collapse. I feel inspired to quote Thomas Paine’s ending words to Common Sense right here:
“Until an independence is declared, the Continent will feel itself like a man who continues putting off some unpleasant business from day to day, yet knows it must be done, hates to set about it, wishes it over, and is continually haunted with the thoughts of its necessity.”
I resonate with that feeing, being haunted each day with the necessity of the imminent collapse, restructuring, revolution or whatever has to come. And if the Totalitarians have their way, it just puts the end off a bit longer, with even more pain and suffering in between and after. The Adults who are awake can see all this. The sleepy teenagers just want to sleep… five more minutes. But they are waking up.
During this recent and continuing beatdown of metal prices, premiums and buy-back prices have remained stable. Where are those September buyers who ought to be double dipping? All metal products are in stock. Premiums are low. It is a great time to simply buy more metal.
TPTB is clearly aware of our little metals community and do all they can to ridicule and disparage metal ownership. This latest beatdown, a very severe one that is not over, may serve to wash out these half-asleep, weak handed teenagers, making them swear off metals forever, prompting them to say “Been there, done that, don’t want to think about it, go away Jerome and stop telling me that the economy is in trouble!”
Western demand cannot return into the markets. With 300 to one leverage, the bankers have no room for error. All buying binges must be crushed. Brief headfakes are allowed, but we’ve seen not one sustained rally in three years. As a community of metal owners, there are not enough of us to push metals higher. But the awakening of more citizens--even a small amount-- poses an incredibly dangerous threat to the banking cabal that runs the West.
The banking cabal wields much power. They employ henchmen that will use nailguns on your head—on command, toss a person over 9th story balconies—on command; with trading desk monkeys that will destroy family fortunes—on command, backed up by an army of lawyers, politicians in their pockets, unlimited money, and national militaries awaiting their orders.
And they have full control of the mainstream media to cultivate and construct beliefs, attitudes, and values in the sleepy teenagers that will keep them in their beds happily dreaming of utopian futures. I am also continually amazed at the half-truths and lies that pours forth daily from their diseased mouths. Even worse is their silence in important information. They stand in their watchtowers, see the dangers, and say nothing. And with faces like this telling you "the truth," very few sheeple stop take time to analyze the message. I cannot watch them anymore.
So precious metals get dissed in the news, continually—just “another asset class.” They publish a, occasional positive article after price takedowns like this and are bullish for just a few days, then the dissing starts again. The media is now ridiculing preppers, asking “who will buy that metal of yours after things get bad?” Fair question, but the wrong one. We stackers are looking much more long-term than having some silver coins to trade during a depression/collapse. But journalist mouthpeices who ridicule in their attempt to persuade have not thought things through. They blurt out the first superficial argument that comes to mind—and sleepy teenagers buy it, still too drowsy to see clearly.
Drowsy teens dream about unsettling and scary stuff that emanates from the truth their eyes and ears provide as they look around at our deteriorating cities and culture. Yes, anyone can marry whoever they want now, but these so-called “gains” in cultural evolution will mean little when everyone simply struggles to keep a roof over their heads and find enough food to make it another day.
The incredible grip of the banking cabal has slipped a few times. Fiat paper money vs precious metal will face-off. Goliath taunting the other army with David approaching, picking up rocks in the streambed...probably heavy, shiny ones. David got close in September, but backed off.
This is war. We cannot outspend or un-elect those in power. Our part is to continue to call those spoiled, ignorant teenagers to get up, smell the coffee, look around, and take sensible actions to protect themselves as this downhill slide accelerates. Recently, Craig penned an excellent article that provides evidence for economic trouble, and suggests action. We should be sharing these and other fine, sensible, fact-based articles and comments here on this blog. We should be asking our friends and neighbors hard, but obvious questions, questions like…
- Do you think the economy is recovering?
- What has our government done to fix it?
- If nothing, What comes next?
- Will increasing government deficits fix the economy?
- Why are we saber-rattling with Russia when our economy is weak?
- Will more money-printing fix the economy?
- Why did Obama create MyRA?
- Do you think the government might force all IRAs, 401Ks and 403Bs to be converted into MyRA when foreign governments stop funding the US deficit?
- What can you do now to protect your family?
People only wake up in advance through the alarm clock of education. We also wake up when the roof collapses, but then it is too late to do anything but crawl out of the wreckage and try to survive. At least my kids made the bus. They are aware and both own metals.