Gold and Silver - When Inflation is Summoned by the Masses
Commodities / Gold and Silver 2012 Oct 22, 2012 - 04:54 PM GMTAs the democratic masses increasingly sense that their living standards are becoming threatened,they have been blindly authorizing their governments to do “whatever it takes” to arrest the impending economic collapse.
In fact, as the vocal voting public insists upon quick solutions to the economic crises, politicians are ready and waiting to analyze popular needs and desires in order to deliver the messages that the people so badly want hear.
Politicians are more and more being asked to artificially prop up asset prices, the Dow and the housing market in order to help the average person start to feel good again about the fundamentally weak economy they live and work in.
Price Stability Goal Means No End to QE Likely
Unfortunately, no natural end to the Fed’s recent Quantitative Easing programs exists.Once the QE-driven money printing presses have been used to prop up markets artificially,the program has to be continued ad infinitum to keep ‘prices’ at levels where the authorities want them to be.
Eventually the market manipulators will probably need to enforce some form of price stability to keep the masses happy.In this regard, the control of oil and gas prices is becoming increasingly likely.
Such emotionally driven pricing policy should not be taken for granted since they are the wind blowing across an ocean of fuel that has accumulated over generations of attempts at quantifying and controlling nature.
Financial Socialism Looms
None of these policy decisions are a one-off or temporary shift. Instead, they represent a concerted move toward new form of financial socialism.
In all likelihood, this increasingly obvious trend will not end through the political process but instead via a complete currency collapse as people lose faith in intrinsically worthless paper currencies.
Physical Precious Metals Provide a Safe Haven
Perhaps the best path for those who perceive this pattern is to move simply and quietly against the rising socialist tide by preparing themselves mentally, physically and financially for such a possibility.
When it comes to the financial aspect of this preparation process, the smart observer of the prevailing socialistic trend will be moving the portion of their wealth they would like retain out of the unsustainable financial system by taking possession of hard currencies like physical gold and silver.
For more articles like this, and to stay updated on the most important economic, financial, political and market events related to silver and precious metals, visit www.silver-coin-investor.com
By Dr. Jeff Lewis
Dr. Jeffrey Lewis, in addition to running a busy medical practice, is the editor of Silver-Coin-Investor.com and Hard-Money-Newsletter-Review.com
Copyright © 2012 Dr. Jeff Lewis- 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.
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