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Business/Finance See other Business/Finance Articles Title: The Election Has Already Been Decided The Election Has Already Been Decided By Damon Geller People get very emotional about major elections, particularly when it comes to how elections impact their money. Yet the scary reality of our modern political system is, your vote doesn’t matter when it comes to who’s really in power. While there are many systemic problems in banking, taxation, trade and monetary policy, none of these systemic problems changes in any meaningfully way by who controls the House, Senate or Presidency. Regardless of changes in party power, politicians don’t hold the REAL power in Washington. No, the sad fact is, the election has already been decided. And the winner is the banking industry, at the command of the Fed. The Republicans & Democrats have done nothing in a generation to stop the Fed & banking industry from launching us off the fiscal cliff. And neither will Donald Trump or Hillary Clinton. So if you want to protect your savings & retirement from the impending global crisis, you’ll need to do more than vote. defend_your_money_ad_banner1 The Real Power in Washington damon_geller_authorWhen it comes to money, there is no democracy or freedom, and there are no nations or citizens. Money is ruled by a plutocracy of financial institutions. They make the laws, they rule the world, and they move or remove anyone that doesn’t promote or support their agenda. Want proof? Just consider how the banks are now assisting the IRS in confiscating bank accounts of INNOCENT U.S. citizens, and even reporting their own account holders to the police! What’s more, in order for the power-brokers to survive and achieve “growth,” they rely on the constant accumulation of new public debt. In a monetary system where every dollar is created from debt, the system becomes a Ponzi scheme and only works until it collapses. This is illustrated throughout history, as every civilization and every paper currency has imploded under huge debt loads and a systemic lack of solvency. Get Your FREE Gold & Silver Guide Now Debt Has Doomed the Nation & the Dollar In January of 2001, when Bush took office and Republicans controlled the Congress, the national debt stood at $5.7 trillion. Within 8 years, the national debt had ballooned to around $11 trillion – a doubling of U.S. debt in 8 years! Obama came into office in 2009 promising hope and change. But did he really change anything in terms of our debilitating national debt? Absolutely not. At the command of the Federal Reserve, our national debt will skyrocket to over $20 trillion by the time Obama leaves office. In short, the Fed will have increased the national debt 5 times in the span of two presidencies — regardless of which party was in power! The chart below shows the dramatic rise in U.S. debt since 2001: national_debt_chart_2016 Everyone knows you can’t stockpile $20 trillion in debt without serious consequences. What serious consequences? The chart below shows the alarming loss in value of the U.S. dollar versus other currencies after 2001: dollar_value_2016 As you can see, the U.S. Dollar lost 33% of its value versus other currencies after 2001! Debt Has Skyrocketed Gold As the Federal Reserve drove up debt to record numbers, what happened to gold? The chart below shows the tremendous increase in gold’s value after 2001: gold_price_2016 As you can see, gold increased over 5 TIMES in value after 2001! And this is including gold’s correction in 2013. So not only did gold increase 5 times after 2001, it’s once again a great value at these levels. defend_your_money_ad_banner1 Where Are We Headed? The U.S. Treasury tells us that the U.S. debt will reach $28 trillion by 2025, regardless of which party wins the presidency in 2016 and beyond! That’s a staggering 43% increase in U.S. debt from where we are today. So based upon Treasury’s debt projections of $28 trillion, this would project gold at nearly $2500/oz.! Why will this happen? Because neither party has shown any serious commitment whatsoever to reduce government spending. Both Trump and Clinton have been cozy with bankers for decades, and both have promised hundreds of billions in new infrastructure projects once they become president. So their election will only result in further destruction of the U.S. dollar until the dollar finally collapses and ceases to be the world’s reserve currency, just as ALL global currencies have failed throughout history. Get Your FREE Gold & Silver Guide Now Do More Than Vote So does getting a new president end the political games? No. Will our debt problem go away? No. Will we get growth all of a sudden without all the “stimulus” spending and entitlements the Republicans say they want to end? No. Will the growth come even if the gov’t keeps spending and the Fed keeps printing? No. And most importantly, will the Fed be able to raise rates regardless of who wins, and will the debt trajectory change? No and No. We will be at $28 trillion in debt by 2025 according to the U.S. Treasury. The Fed will keep printing money and rates will stay in the basement for as far as far the eye can see thanks to our massive debt. The writing is on the wall. The bottom line is, the election will have zero impact on the current trajectory of the price of gold, so gold is moving much higher. Gold is math and mathematics is a science. Politics are not. So if you want a new party in government, vote. But if you want to protect your savings & retirement, buy gold & silver. (Call (855) 804-1560 to receive your free copy of Damon Geller’s popular book, “Defend Your Money against Gov't Confiscation” AND your free Gold & Sliver guide, or fill in the form below) Post Comment Private Reply Ignore Thread Top • Page Up • Full Thread • Page Down • Bottom/Latest Begin Trace Mode for Comment # 12.
#1. To: BTP Holdings (#0)
What a bullshit title.
I am getting up at 3 am eastern to see what Assange has to say. It may be nothing but my hunch is it may well be of great importance to the election.
I shall be tuned in as well. Sleep is for pussies. ;-)
When I work for State of Illinois, they call me in 3 hours early for 18 hour shift on snow and ice. Had to take a nap a couple of times. It was hard job, but someone had to do it. ;)
Unless you're driving an 80,000 lb 70 foot long 18 wheeler, in which case it's sort of a good idea. (Before your shift of course, not during. :-)
Unless you're driving an 80,000 lb 70 foot long 18 wheeler, That was before I drove big trucks. But they were still pretty big and usually with a 12 foot plow on the front. One truck I drove regularly they called a Super Truck. It could haul 16 tons of road salt, and had a GVWR of 63,000 pounds. One time they gave it to some kid that didn't know what he was doing. He was plowing paved shoulder at high rate of speed, There was a place that contractors had torn out driveway, but barricades were knocked down from plowing snow. He hit that and threw the truck into the median, tearing the plow off the truck and twisting the frame. Truck was total loss. I think they gave him 29 days off on that one. You get 30 days off and you are history. ;)
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