Seeing gold market prices settle down and get back to business makes it even harder to understand what the Dickens is going on in the stock market. Posted by James Randolph on November 03, 2011
The gold market is showing us the way through the real world.
November 03, 2011 – Seeing gold market prices settle down and get back to business makes it even harder to understand what the Dickens is going on in the stock market. It looks to me that investors have split into two camps – one in the real world and the other in La La Land.
Thinking about that the lyrics from an old Roger Miller tune popped into my head from heaven knows where. “Ya can’t roller skate in a buffalo herd.” “Ya can’t take a shower in a parakeet cage.” And “Ya can’t drive around with a tiger in your car.”
To those I add, “Ya can’t fix a thing by printing more money.” Those are no more nonsensical than Roger’s words but still far too many people don’t see things that way.
The obvious question should be “Who would ever even think of doing something that absurd in the first place?” I am certain that the answer must be, “Beats me. But I know where they are camped.”
Meanwhile, over in the real world, folks have seen the light. The have heeded Miller’s qualifier, “But you can be happy if you’ve a mind to.”
While Wall Street wallows in decaying fiat money, people in the real world have taken action as Miller suggests: “All ya gotta do is put your mind to it. Knuckle down, buckle down do it, do it, do it.”
Really, it is that simple. Nothing anybody does is going to reverse the inevitable end to this latest attempt to build a monetary system on fiat money. It has never worked before and it cannot work now. You can run the world’s presses day and night for eternity and not create even the tiniest bit of wealth. When all that paper goes up in smoke so goes the illusion of riches it created.
Miller’s call to action applies equally to people, nations, and the world as a whole. If our leaders were to stop playing games and put their collective mind to it, we could all knuckle down, buckle down, and get the job done.
Stop the presses, say farewell to the fantasy world, and rebuild the monetary system on the enduring foundation of certified gold bullion.
Why wander aimlessly through imaginary landscapes when the gold market is showing us the way through the real world?
Senior Staff Writer – Certified Gold Exchange