THE PRICE OF GOLD AND SILVER
The price of gold and silver has now made significant moves towards its previous highs,
gold pushing above $900 and silver above $12 but there remains much volatility between
now and their ultimate ascent, an ascent guaranteed by the accelerating debasement of
fiat paper currencies as governments attempt to shock their moribund economies into life
with unlimited amounts of fiat money and credit.
Whether gold and silver’s recent moves are a portent of more shortly to come or if they
will be met again with renewed resistance from central banks remains to be seen. Either
way, rest assured that the battle between the paper boys of Wall Street, the power brokers
of Washington DC and the free market is still in progress.
Wall Street may be but a badly damaged shadow of its recent past but its co-conspirators
in manipulating the markets, the central bankers and their enablers in government are still
committed to maintaining their fiefdoms no matter how high the cost—as long as those
costs are born by the taxpayers.
Someday, in the future however, a future that is closer today than it was yesterday, gold
and silver will triumph despite the best efforts of central bankers and government
manipulators to prevent it
For central bankers and those in government are up against the market itself and no
matter how much paper they have at their disposal, their supplies of gold are limited.
Each ounce bought takes another ounce out of the arsenal governments use to suppress
gold’s price, an arsenal comprised of our central banks.
Buy gold. After all, it was yours and still for only a short while, it is being subsidized by
your government as it continues its fight against your interests and a free market
unfettered by bankers’ credit.
Have faith and buy gold and silver until better days arrive.
Darryl Robert Schoon
www.survivethecrisis.com
www.drschoon.com
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