Gold pattern pointing up, page-422

ophir, that was a great link, your first one comparing fundamentals from 2008 to now. My opinion is there is actually a deep recession/depression NOW. But unlimited fiat can cover it. If a flash point can be avoided, like in 2008, I think the depression can go decades. And over these decades the common man / worker will get poorer and poorer. And the top half of one percent will get super richer and super richer.

No one can argue it is anything other than a con game. But with all the fiat deposited in the coffers of the banks, who are are now TOO BIGGER to fail, I cannot see any failure at all. It will just be a slow, slow grind to death of the common man.

I mean, think about it. The banksters/govts have worked out if any bankster institution gets in trouble any amount of money can be conjured in a few seconds on a keyboard. And the problem is gone. And, of course, the flash point of 2008/9 is suddenly banksters did not trust each other. Now the banksters are working much closer together and have so, so much cash in their coffers they can trust each other no problem. And in the event of any hiccup or mistrust, the govts will just GIVE the banksters any amount of money required.

If I was in the casino, and a terrible gambler, but I could give myself any amount of money to gamble with, then I can never lose. It is a bit odd. The real world does have assets. The banksters have monopoly money. And the system has been set up so the banksters can use monoply money to buy and own real assets.

This is easily proven. The common man has less and less and is worth less and less and has more and more debt. It is impossible for the common man to navigate the financial landscape in front of him. I grew up in the 1960s. In the 50 years since then I can see, anyone can see, the average family/worker is much, much, much worse off. And we certainly can see the rich are not counted in millions, but in billioi ns. And the govt debt (owned by worker taxpayers) is now counted in the trillions.

I agree it is plain to see the financial world is stuffed and without hope for the common man. For example, in Sydney you need to bring in foreign (illegally gained) money to buy real estate. Real estate is an asset. Fiat money gained by criminals is not an asset. So they just trade illegally gained monopoly money for real assets. But the common, honest man cannot do that.

But this new paradigm can go decades. My grand children will likely live four or five families in a house and work just to have enough to eat. And they will learn that is the way it is. They will accept it. If the banksters can change, generation by generation, expectations, then they will hang on to power forever. The time of working, saving, investing, having a family, a house, a car and not silly debt to eat is gone.

The only counter to this is anarchy and chaos to extract and destroy the banksters. But this cannot happen. The bankstes/govts are armed to the teeth to stand up to any display from the common man.

So, back to your links. Yes, all is stuffed. But it will blow up in slow motion over the next 30 years. But in 30 years will be a new generation who have watched their mums and dads survive only, to their grave. So this new generation will know how it works. And they will see there is nothing they can do.