Today, the dollar price of Gold began its long overdue move upwards – i.e. the fiat currencies of the world began their final collapse. Oh yes, it won’t be overnight. There will be many surges and just as many corrections. Nothing goes up, or down, in a straight line. The demand for dollars to service debts is stronger now than ever. And will remain so, until the whole towering edifice of debt collapses. Then, those debt notes known as currencies will become worthless. It will appear to be overnight; it will not be. It has been an ongoing process since 1933.
Oh what a lot of dying there is in a mighty civilization such as that which was known as Western Civilization.
Gold-holding friends and colleagues are cheering what they see at their good fortune. I am the perennially cheerful optimist, but I have never felt sadder in my life. This truly is the beginning of the end. There are probably still a few more years for this all to play out, but the final exhalation of air from the soon-to-be corpse is now audible – to those who are listening.
I am devastated for the hundreds of millions who will see a lifetime’s work extinguished. I am crushed by the level of self-serving evil in the world that has seen, and will continue to see, any and all measures taken by governments to retain control during the hurricane that their destructive policies have wrought. I am saddened for the otherwise good people, such as police and health practitioners, who have been co-opted by the ‘authorities’ to perform a pivotal role in the suppression of freedom and human rights. They will remember the shame of their complicity until their dying breath.
Lives ruined and a civilization destroyed.
But the dollar price of Gold is up.