Gold
That all important metal that men and nations go to war over.
With almost no real use except to place upon women to turn them green with envy... or something.
However, it currently our top monetary metal.
The old people remember gold.
The banks are all hoarding it. (but just a few years ago they were telling everyone it is a barbarous relic)
So, lots of other people think gold is important.
Well, you can make good, hypo-allergenic pans out of it.
Kidding aside, how important is gold going forward?
Well, somewhere between life saving and "its a pretty yellow rock"
We are in the 4th Turning. Meaning winter. Meaning you should be in hard assets to preserve your wealth.
And gold used to be that asset.
Today its price is highly manipulated. (See GATA)
And its future price depends on what happens to that manipulation.
- T.H.E.Y. stop the manipulation
- The manipulation fails
- The manipulation is bipassed
The Gold Standard
Everyone is talking about returning to a gold standard.
Of course the gold standard will not work, it will just be back to the old tricks of leasing gold, etc. And there is far more gold in vaults than anyone admits to. And The US is sitting on tons of gold in the ground ready to be scooped up. These piles of gold far outweigh anything the little people own, and thus, the complete control of price discovery will be in their hands.
Further all the gold is held by the central banksters, and the old families that control them.
So, going back to a gold standard is just going right back into the hands of the banksters.
But it has important meaning for the price of gold
Basically, the gold price is going to go up, and then crash to zero.
How fast and how long is based on how things unfold.
T.H.E.Y. intend to let gold go up steadily as they transition everyone to their new digital currency.
In this paradigm, there is huge surge into gold, and things continue along
But, when people start seeing the bank closures and people not getting their money, a great deal of them will run to gold bidding up the real price. And the price will go high and fast.
If people also fail to accept the new digital currency, the price of gold will go up faster, and/or the price of bitcoin will go through the roof.
Anyway, the price of gold will really only start moving when this transition actually starts occulting in the public's eye.
And it will go quite high...
but, then it will go down.
As govern-cements around the world collapse. The meaning of gold as the trade between nations also falls apart.
All the real international business will have moved to bitcoin and the like. (we aren't shipping gold through pirate infested waters)
And then their comes a time when all the central banks get cleaned out, and there is all this gold on the market. Enough for every woman to have gold necklaces galore.
As the old generation who are the last people who really value gold give up on it...
Then gold goes away as a monetary metal.