Why the Fed Hates Gold.
In this report I go over the history of the stock market since the inception of the Federal reserve System in 1913 and show how the Fed has been responsible for major financial crisis and how gold is a great threat to their fraudulent fiat monetary system.
I go over how with the help of President Roosevelt in 1933 the Fed was able to save itself by basically using the law to forcibly confiscate the money or gold of American public.
"It is well enough that people of the nation do not understand our banking and monetary system, for if they did, I believe there would be a revolution before tomorrow morning." -- Henry Ford
Yes that is an old classic! I guess that is what the public schools are for. To keep the masses ignorant but hopefully with the internet and social media that is changing.
Yeah...I'm from SE Michigan and I'm an Engineer so Mr. Ford is a personal hero of mine.
I have been to the Detroit area a couple of times. Have cousins there. I remember going to the Henry Ford Museum way back in the late 1970s!
It never ceases to amaze me how ignorant the public schools continue to keep the next generations clueless about what real money is. Gold versus the US dollar gained 17% last year alone. The inflation of the dollar and every other fiat paper currency will continue to erode over time.
If we are entering hyperinflation I would expect to have seen more aggressive interest rate rises. I actually think if they raise interest rates by more than a couple of percent it would very quickly topple the economy into deflation as loans fail, stocks roll over, and real estate plummets.
@unclehermit I actually think that hyperinflation comes about because interest rates are kept artificially low for too long so even though we could see the target for Fed Funds go up to 2.5% it could still lead to a loss of confidence in the issuer of the currency or Federal Reserve System.
When will volatility return? Are there any indicators that you could point to? Or will it come in a huge avalanche when it all comes tumbling down... I'm ashamed to say I own some UVXY and wonder if it's just dead money at this point.
@nedthebull No need to feel ashamed as I myself try to straddle by being within the "system" and outside the system. All I would say is that if it all hits the fan I would expect anything "paper" or within the fiat system to be completely obliterated and that is why I encourage people to have physical gold and silver as insurance.
So even my UVXY bet against the system might become worthless? You just can't win.
Very nice and informative...
In the Netherlands where I live you pay 1,2% each year on savings above 25K. Banks directly inform the government of the value so no escape there. With interest rates around 0,25%, more and more people try to hide savings for the government by buying gold or stash cash in the house. You are supposed to add the value of investment gold yourself in your taxfiling but who cares! Now my question ...do they also hate crypto currency soon?
Motherhood is a great honor and privilege, yet it is also synonymous with servanthood. Every day women are called upon to selflessly meet the needs of their families. Whether they are awake at night nursing a baby, spending their time and money on less-than-grateful teenagers, or preparing meals, moms continuously put others before themselves.
Giving money and power to government is like giving whiskey and car keys to teenage boys.
There is only one boss. The customer. And he can fire everybody in the company from the chairman on down, simply by spending his money somewhere else.