Why the Paper-Price of Gold & Silver Matters

by Joe Russo, Elliott Wave Technology Part 1: If you are at all inclined to agree with the largely defensive and reflexive concept that paper-prices (i.e. dollar-values) for all products, commodities, and services are virtually meaningless, you’re going to want to read this. If you are especially quick in holding to the notion that the paper-price valuations of gold and silver simply don’t matter, read on – we’re going to share some opinions as to why all of these paper-prices do matter. In part-2, Cash Flow is King, without getting too bat-shit crazy about it, we will provide rational suggestions for building and protecting prudent strategies that can help you more effectively insulate yourself against the plethora of uncertainties the future holds surrounding the governments fiat dollar system. Okay, so by now, most everyone on the planet with half-a-brain knows that the fiat paper currency and credit, which governments and banks fabricate out of thin air – is a complete fraud. The current monetary paradigm is akin to an insane cult-like religion, whereby a circular cancer of ignorance and corruption takes such deep root that we end up where we are today, with a broken system of the many serving the few under a rather selective and unfairly biased rule of law. By design, the type of hierarchy enabling this system favors and benefits a small minority within its upper ranks and core leadership. Subject to such impositions, each of us has no choice but to accept the varied stations of financial slavery under which this egregiously flawed currency scheme enforces its tyrannical set of laws. Law’s passed by those at the epicenter of – and who benefit the most – from perpetuating the fraud. Continue Reading>>>

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