Gold now more than ever!

The date is 3 June 2009 - but it is utterly unimportant. When you read this the lessons contained herein are as relevant as ever, more so perhaps.

We called the housing bubble ages ago - this site is not updated all that often. It doesn't need to be since you realise we are in a super cycle of economics - my personal theory is that economies move in cycles - and these are not short term things of a few weeks or months.

Call the cycles, as I have with gold and over a period of time of a few years you will make money. Which is why I write today gold - more than ever - is important and overlooked. The time to get into gold is now. Be warned, the precious metal has plenty of enemies in central banks, and governments everywhere who hate the fact that they cannot print gold the same way that they can their own currencies. This robs them of control and puts the citizen who owns the gold in control. If however they could print gold, they are in control.

The longer I live the more suppression I see. Suppression of governments of the individuals rights to life, liberty and freedom. The right to privacy of one's own bank account. The right of privacy of information. The right to be free of government interventions into our personal lives, all done in the name of 'the greater good'. Government is the biggest threat you face today as a private citizen not on the government payroll.

Your greatest protection from this socialisation of your money from you who may or may not have money, to those who do not but who have voted entitlement to themselves via the ballot box, is gold. Gold is an expression of your wealth as well as a preservation of it in a way that NO other asset class can offer. Bank accounts can be seized, currencies printed and inflated, and equities taxed (might as well just be seized - it's the same thing).

It can and it will happen. Did you hear about it in Zimbabwe? No. You didn't. There was a blatant theft from the bank accounts of businesses by the Zimbabwe central bank to pay its bills. Theft - plain and simple - and done in plain sight. What did you hear about it? Nothing!

Why? Because what business is going to take up arms against a government? What citizens for that matter?! Are you if it happens to you? I don't think so because the government will have taken measures to protect itself against YOU! Making the mistake that politicians are stupid is a fatal one. Making the assumption that they suffer from insatiable greed to your money and your servitude will serve you far better in protecting yourself against them.

If you think I'm a nut I have no problem with that. I often find myself horrified by what I find I have to write! But the simple fact is that teh State is stealing from you via inflation and currency debasement. Inflation that goes to hundreds and thousands of percent, as in Zimbabwe, destroys economies, and it destroys populations. It doesn't affect those at the top implementing the stratgey - not one jot. Mugabe is alive and well and rich. So is the rest of his 'democratically' elected government (does it really matter if the elections were democratic or not? They're still in power and the Zimbabwe people are still screwed!).

You may have missed the news about the Zimbabwe government stealing from the bank accounts of private businesses and individuals. You will almost certainly have missed the story about the British government repatriating some 5000 of its citizens who were once wealthy enough to retire in Zimbabwe but who are now destitute unable to feed themselves because their savings evaporated into dust in the heat of the inflationary scenario that played itself out.

You will not hear of the private citizens, like you, who have nothing left. Zero. They have no jobs, no savings worth anything at all, no food, no economy - nothing. Two short years ago they were like you and I. Zimbabwe might as well have been nuked - it would be better off frankly.

Gold is the one thing that would have saved you through a Zimbabwe type scenario - which is of course extreme. But the scary thing is it could happen to you just as easily. It is in fact stated US policy.

So what happens when inflation picks up in pace? Are your equity investments going to keep pace? If they're in gold mining companies, you stand a prayer of a chance. If not, you're going the same way everyone else did who was invested on the Zimbabwe stock exchange did - down like a lead balloon.

Understand that this is not an instant process. It is not something that might happen within a few months - because I'll bet you're thinking you'll get out before it happens. The short answer is that no you won't. You're already in a severely inflationary environment (some ups and downs notwithstanding - remember I work in time frames of years) and what have you done about it?

There's your answer. Your only hope is that you're reading this and hopefully I'm making a somewhat laboured but earnest effort to urge you to protect yourself by getting some means of wealth preservation governed by a metal that has been used as such for the last 2000 years.

Gold is not going to suddenly be replaced by conch shells. It will not be replaced by dollars, pounds, euros, or anything in control of the fat pigs that are elected as politicians with their snouts so firmly entrenched in the money and power trough that they will stop at nothing, nothing, to subjugate, steal and enhance their own positions in the queue.

The political system is corrupt and it is broken. We sadly need a revolution to get rid of it and replace it with who knows what. Until that happens, hopefully not whilst I'm still alive unless I get to pull the trigger on a few of these bastards myself, gold is the only safe refuge you have.

Gold. It's private since no-one needs to know about it - YOU bought it with your OWN money for crying in a bucket. What you do with your own after tax money is YOUR business - it is still an inalienable human right. Gold is immutable. Gold carries relevant value - it will feed and clothe you when your dollars or pounds or euros will perhaps keep you warm as you burn them...