Its called a pyramid scheme....a ponzi....a shell game.....a CON.....and we're all participants in it whether we realize it or not. Just imagine what it would be like if someone said that we don't want to hold your dollar any longer or for that matter they said we don't want your dollar for this barrel of oil.......because we are afraid that its losing value too rapidly to even hold it. Can it happen that easily? Could a rapidly deterioration of Confidence develop that destroys the dollar as the World's reserve currency? The short answer is yes.....the longer answer of course is more complex and would involve at the very least some subtle hints first. One thing that gives you some indication will be an increase in the velocity of money. So far its been flat to decelerating and has provided cover from inflation in spite of stagflation that is insidiously creeping into the most vulnerable populations.
Many of the sheeple believe the cabal is omnipotent and will not only muddle through but even guide the ship through to the other side in better shape than ever. Maybe.....but the Law of Nature says not. If we hit the kind of rough patch that most in my camp feel is necessary to reboot capitalism and a new economy AND we don't implode into complete chaos and insanity then your market investments and especially the precious metals will survive. Precious metals and miners will have their run to glory. Those that have been destroyed by this trade have to realize that IF the system really implodes to Mad Max then miners and PMs are not your first concerns. Time is on your side even in a rigged market.....since all markets have always been rigged, you just didn't know it. gl
1. "Money is made by sitting, not trading."
2. "It takes time to make money."
3. "It was never my thinking that made the big money for me, it always was sitting."
4. "Nobody can catch all the fluctuations."
5. "The desire for constant action irrespective of underlying conditions is responsible for many losses in Wall Street even among the professionals, who feel that they must take home some money everyday, as though they were working for regular wages."
6. "Buy right, sit tight."
7. "Men who can both be right and sit tight are uncommon."
8. "Don't give me timing, give me time."
and finally, the most important thing:
9. "There is a time for all things, but I didn’t know it. And that is precisely what beats so many men in Wall Street who are very far from being in the main sucker class. There is the plain fool, who does the wrong thing at all times everywhere, but there is the Wall Street fool, who thinks he must trade all the time. Not many can always have adequate reasons for buying and selling stocks daily – or sufficient knowledge to make his play an intelligent play."