2015: The Year of Default
by Jeff Nielson, Bullion Bulls Canada Making New Year “predictions” used to be an automatic, beginning-of-the-year exercise, to the point where readers generally expected such pieces from the pundits they follow. However, it is an activity which has died-out somewhat, a casualty of our propaganda-saturated Wonderland Matrix. When all that we can see around us is nothing but fiction and illusion, all events appear to be arbitrary – since we are unable to observe cause-and-effect. By definition; arbitrary events cannot be predicted. Thus these New Year’s “predictions” have become a Fool’s Game, and having been burned once (several times?), most commentators have reached the similar conclusion that this is an exercise in futility. Even from a Big Picture standpoint; attempting to estimate when the bubbles will burst, and the Ponzi-schemes will come crashing down is problematic. There is abundant, human history showing that at times of market (or economic) extremes, a collective cultural insanity sets in, allowing such extreme conditions to persist much longer than any rational estimation would predict. In our current Ponzi-scheme economic system, operated by the most ruthless, rapacious crime syndicate in the history of humanity; this cultural insanity has been deliberately induced, through 24/7 brainwashing. The Zombies are never allowed to see/hear opinions or evaluations which run contrary to the brainwashing, thus they never even consider alternative possibilities. “Everyone” (all the drones of the propaganda machine) says that the U.S. “economic recovery” has now turned into an economic boom. “Everyone” says there is no end in sight to this pseudo-expansion, so the Zombies are incapable of even conceiving of a reality different from the “don’t worry/be happy” pablum of the Corporate media. The reality that the U.S. economy is in a Greater Depression which is rapidly worsening is completely invisible to the Zombies – despite the evidence of the economic carnage all around. Yet in spite of all the reasons for not making beginning-of-the-year predictions; there will be a prediction made here this year. Why? Because (imprudently?) a “prediction” was made at the beginning of 2014, in a piece titled Silver Bells. It concludes with the following paragraph:
The year 2014 should be the “year of silver”, in terms of fundamentals dictating a correction in prices which dwarfs the modest tripling which took place in 2009. However, if 2014 is not the year of silver; we should feel quite confident in predicting that 2015 will be the Year of Silver Default.
While an obvious effort was made to present this as a shared prediction; “we” did not predict that 2015 will be the Year of Silver Default. This was my prediction, and it’s time to either stand by it, or run from it. In this respect; there will be a little bit of both. It would seem (in retrospect) more advisable to label this, more generally, as “the Year of Default” rather than (specifically) the Year of Silver Default. The reason for adding this degree of ambivalence is that in terms of what can visibly be seen in this totally opaque marketplace; all indications have been that the One Bank’s primary, recent concern has been its collapsing gold inventories rather than its collapsing silver inventories. We need merely review recent history to substantiate this conclusion. First the One Bank triggered the greatest “gold rush” in global history in 2013, as (for a variety of reasons) perpetrating the Cyprus Steal induced the most-frenetic wave of gold-buying ever. Continue Reading>>>