Thursday, August 11, 2011

Something Just Doesn't Add Up

The price of gold has exceeded the cost of platinum. Something is definitely up! Like the driving force behind gold . . . fear mongering. Oh, there's plenty going wrong, but if you're going to be afraid of anything, worry about this. The price of gold is what's experiencing inflation and that is dangerous to the economy. The fear is actually now consuming itself!!! Another thing to keep in mind, in the face of the inevitable collapse of the economy: you can't eat gold, and between drought and man made floods, millions of acres of farm and ranch land will be producing nothing or very little this year! Meanwhile, many of the upper middle income folks that lost in the stock market, moved out of stocks and into gold. There were many ads on talk radio for one gold selling company or another. And we know, it's the upper amassing middle class that listens to talk radio. They have their stuff, they want to keep their stuff, and they like to listen to some guy that has a bunch of stuff tell them exactly what they want to hear . . . and for the last couple of years, the talking heads have been well sponsored by gold companies, so as far as the listeners were concerned, the talking heads were buying gold, therefore they should buy gold. I remember listening to some of the ads just to see what was on the next horizon. I figured the government would keep track of the major gold investors with this new 1099 law in the health care reform bill, then I suspected that gold would have to be recalled when our fiscal irresponsibility affected the rest of the world, and I figured the fear mongering alone would drive the price up, but never in a million years did I think the inflation factor would go unnoticed. So, just in case it has, I'm posting here! Maybe this imbalance of value is merely to set the last of the middle class up for a fall of what's left of their investments.
Your gold and silver is cankered; and the rust of them shall be a witness against you, and shall eat your flesh as it were fire. Ye have heaped treasure together for the last days. New Testament
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