Gold Investment:  Is gold in a bubble?

Gold Investment - 24 October 2011

The recent pullback in the gold price, mostly as a result of blatant and illegal gold market manipulation, has many believed that gold is in a bubble, while nothing could be further from the truth. The very same idiots, more or less, who are now proclaiming that gold is in a bubble have proclaimed the very same idiocy when gold broke through the $400 an ounce mark in 2003.

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If anything is in a bubble, it is fiat currencies (paper money, electronic money, non-redeemable paper notes, fiat money) led by the so called “U.S. Dollar” that is in a bubble. Federal Reserve Notes are after all not U.S. Dollars in the true sense of the word. The U.S. Dollar was real/honest money backed by physical gold and silver (371.25 grains of pure silver), while the Federal Reserve Note is nothing short of an instrument of debt, which is not money, but just a component of one big gigantic fiat Ponzi scheme!!!! If you don’t believe us, be sure to read more about the scam here and make sure to use your commonsense. Yes, it might be more convenient to allow others to think for you, especially bankers and their political allies, to ignore reality and live in your own La La Land. However, make no mistake about it: The Company you keep, the ideas that you expose yourself to and help to maintain and spread within your sphere of influence, but maybe more importantly, the reality that you choose to ignore, will at some stage or another have severe consequences for you, either GOOD or BAD. This is why it is of outmost importance to make sure that you know and defend the truth, because no lie is of the truth. Many will go even as far as to proclaim that truth doesn’t exist, because what is the truth for one person is not necessarily the truth for someone else. What utter nonsense and BS!!! It is like the lie that there is not enough gold to be used as money again. What idiocy!!! Are we not able to eat apples because there are not enough apples to equal the dog shit in the world??? Are we not allowed to use real/honest money, because mountains and mountains of Ponzi fiat money exist in the world today??? Who the hell says apples have to be on par with dog shit or that real/honest money has to be on par with fake money???

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Invest in precious metals today! Contact us for details.

Now with the above in mind, how can gold be in a bubble while the global fiat Ponzi scheme is still in the order of the day and has not collapsed yet? Furthermore, it is estimated that global “…money [fiat money] supply growth is increasing by 8%-9% per annum. Meanwhile annual gold production is less than 1.5% per annum” (Global Money Supply and Currency Debasement Driving Gold Higher, IBTimes Gold, Mark O'Byrne, 13 October 2011). What does logic dictates, should the gold price go up as fiat money loses purchase value or should the gold price go down? They are after all for one printing Federal Reserve Notes (fiat money, non-redeemable paper notes, paper money) in the U.S. as if there is no tomorrow. Does this mean that gold can be in a bubble, considering that the gold price has not adjusted accordingly??? Hell no!!! Fiat ‘money’ is in a bubble, not gold. Period.