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Gold And Silver Insanity Prevails; Precious Metals Without Direction

Commodities / Gold and Silver 2015 Feb 28, 2015 - 02:49 PM GMT

By: Michael_Noonan

Commodities

Insanity: Doing the same thing over and over and expecting a different result. – Albert Einstein.

From a perspective of logic, the world makes less and less sense as the elites relentlessly, and successfully pursue their one world government. There has been an increased awareness of the Rothschilds, elites, bankers, those who control all money, all Western governments, and we are not so sure about the rest of the world. Unfortunately, the greater awareness has done nothing to alter the inevitable course of dominance of the masses by the few. The New World Order [NWO] remains on schedule, based on results.


It seems those who think they know something about the NWO takeover, which is often very little, are of the mistaken belief that change will come about externally, from some outside force that may alter the NWO path to world [debt]enslavement. The hope is that China, with all of its gold, Putin/Russia, with all of its gold and huge natural resources, along with the remaining BRICS nations will put an end to the elite’s fiat control over everything and everyone. It ain’t going to happen.

Neither China nor Russia have the capacity to take the baton over from the Federal Reserve’s fiat “dollar” thus making either the Yuan or Ruble as the world’s reserve currency. Make no mistake, the Fed’s phony fiat is fast being replaced in world trade settlement, but again, neither China nor Russia have either the ability or willingness to establish a gold-backed currency. China will never open its country and the level of scrutiny that comes with a reserve currency. Russia simple cannot do it.

Both China and Russia continue to voice support for participating within the International Monetary Fund [IMF], a function of the Bank for International Settlement [BIS] the primary central bank for all central banks and the entire banking collective run by the Rothschilds, the elites. There may be some changes in the participants, but the ultimate control is unchanged.

The expectations remain for some type of SDR-issued bonds to be used in place of the Fed’s fiat “dollar.” It is possible gold may be a component, but more likely is a basket of currencies backed by other resources, as well. While it remains to be seen, that appears to be the direction in which the BRICS are headed. For those hoping the external change will come from China and/or Russia, do not count on it.

From where will change come [if any, at all]? Unfortunately, it has to come from within, and the likelihood of that occurrence is slim to none. What would be one of the most effective means of change? Stop participating in the insanity. The problem with that is most people have no clue what that entails, and even fewer have the resolve to remove themselves from corporate federal government jurisdiction.

Do you have a bank account?

Any and all “money” held in a bank is no longer yours. It becomes a part of the bank’s liabilities, and in the event of bank failure or default, you become a creditor. As a creditor, you stand in line behind derivative holders, those responsible for all banking insolvency, but thanks to Obama’s National Defense Authorization Act, derivative holders are first in line to claim your money to pay themselves.

Why would anyone choose to put their so-called “money” in a bank when laws have been passed that allow bankers to steal it? Some may say having first claim instead of stealing, but it is a distinction without a difference.

Do you use credit cards?

All debt that arises from the use of credit is created by monetizing your signature. Nobody puts up the “money” for you to use until you pay it back, with stiff interest rates. How is that working for most people? It is an intended form of debt enslavement, plain and simple. It is also intended to move to a cashless society where everything you do is tracked, and that information can and will be used against you.

How can one travel, buy things, rent cars, etc, etc, etc? Few people who use credit cards are aware that freedom comes with a price, and if convenience is more meaningful as a willing participant in a corrupt system, then you have no basis to complain. You are not a part of any solution, but you are a part of the problem. Cognitive dissonance prevents many from understanding how they can be a part of the problem.

Are you a registered voter? Why? If voting mattered, it would be outlawed. It is purely a ruse, an opiate for the masses to think that voting has ever made a difference. If anyone needs an example, just think of “Yes We Can” as a candidate, and the results once installed in office.

Do you have a marriage license, if married? Why? A marriage license is a three-way union between a man and woman, or others if that matters, and the State, and anything that issues from the marriage is property of the state for which the married couple has equitable rights. What issues from a marriage? Children. Why is it, do you think, that the Department of Children and Family Services [DCFS] can enter your home and remove your children to become wards of the state? Did you sign the license[contract]? [See Every Family In America Is At Risk From The Government, as an example.

We could go on for pages, but with what little that is written here, few people will comprehend the significance, and most will defend their participation in the very system they find so reprehensible on a higher level. It just seems different when it is brought down to the local, every day level.

Another quote from Einstein comes to mind: “The world is a dangerous place to live; not because of the people who are evil, but because of the people who don’t do anything about it.”

The point to make is change. f it is to come about, iis not going to come from external events. Rather, meaningful change can only come from within each of us willing to do whatever it takes to drive the Rothschilds and all of the moneychangers out. It is easy to rail at all of the injustices done by the 1%. It is equally easy to rail at the inequities done at the hands of Wall Streeters, all of whom are 1. a subset of and controlled by the 1%, and 2. protected by the corporate federal government [Too big to fail [or jail] according to the head of the Department of Justice.

Where would any of these elites be if you simply refused to abide by their rules, not play their game? It is, after all, a choice, and almost all choose to be a part of the problem. The 1% has made participating in their system easy, convenient, making it seem like there is no alternative, and they purposefully make alternatives difficult, or a harder choice by which to live.

Talk is cheap, and the elites know it and rely on compliance by the masses. Do you ever wonder why Occupy Wall Street failed? Not enough people were willing to make a difference, and “because of the people who don’t do anything about it.” When opportunity to make a difference on a local level is ignored, it becomes much easier to rail at what just happened in Greece, when the Greek people were betrayed by the hopes of the Syriza party and now must face debt submission to the EU, while gaining nothing for the Greek people in return. This Greek Tragedy was really Kabuki Theater for the masses in order to save the EU banking system.

If nothing will change on a local level, it is absurd to expect change on an international level, and not from China or Russia, indirectly a part of the exiting system. The world grows deeper and deeper into insanity by going deeper and deeper into debt. Right now, on a world-wide basis, all sovereign-issued debt is being monetized by central bankers. This is not going to end well, at all.

For a graphic of the debt insanity throughout the world, this defies fiscal responsibility on every level, and it proves how the shell game is being kept alive while in the open. Either people do not care, or they do not get it. Either way, this goes a long way in proving how change is not developing from those most adversely affected by it.

Note one country not on the list? Russia. Yet another reason for Obama wanting to go to war there.

The timing for any collapse of the banking system and the mistaken belief it will foster a new gold-backed system keeps getting pushed back for as long as smaller governments like Greece, actually all the PIIGS, can be kept subservient to the 1%’s bidding, for as long as the US war machine can keep all the other smaller countries in fear while the US mounts a false flag attack on Russia via the US-induced coup in Ukraine, gold and silver will remain as pawns in these dirty wars.

One thing is certain, having physical gold and silver will provide a store of value for those who hold either or both. The futility of trying to call for when a collapse of the “dollar” will come, and/or a change in the world’s monetary system, which may not be a gold- backed currency of some kind, is a near impossible call to make.

All we can do is view the charts, looking for change, and we see none, at present.

Despite all of the glowing fundamentals on silver, the chart show a market drifting at lower levels with no signs of a turnaround.

The same holds true for the weekly chart. Nothing new here.

The chart comments cover what is going on. Not much, for buyers.

Gold is a market looking for direction, either way.

There is still a series of lower highs. The lack of direction is readily apparent.

This is an instance where a 5 second look is all that is needed to assess the chart.

By Michael Noonan

http://edgetraderplus.com

Michael Noonan, mn@edgetraderplus.com, is a Chicago-based trader with over 30 years in the business. His sole approach to analysis is derived from developing market pattern behavior, found in the form of Price, Volume, and Time, and it is generated from the best source possible, the market itself.

© 2015 Copyright Michael Noonan - All Rights Reserved Disclaimer: The above is a matter of opinion provided for general information purposes only and is not intended as investment advice. Information and analysis above are derived from sources and utilising methods believed to be reliable, but we cannot accept responsibility for any losses you may incur as a result of this analysis. Individuals should consult with their personal financial advisors.

Michael Noonan Archive

© 2005-2018 http://www.MarketOracle.co.uk - The Market Oracle is a FREE Daily Financial Markets Analysis & Forecasting online publication.


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