Should the US be spending more money on wars not directly affecting the US? Is there perhaps another reason for this expenditure?
Most of the funds ‘given’ to foreign countries never leave the US. They are ‘spent’ in the US on/in defense (another misnomer) contractors. So it is a direct subsidy to the manufacturers of war equipment. This supply stretches from a bandage to an F35.
Currency leaving the US suddenly cannot be tracked. I wonder why and wonder where it goes.
Supported countries are charged for the equipment and now owe the US the amount unless it is specifically donated. I am sure you understand the hold this maintains over the country ‘borrowing’ the funds for the equipment.
How much conflict would be reduced if the military, industrial, political, banking complex were not involved in war generation activity. As it stands now the monetary advantages to the complex of having war are monumental.
What if countries did not antagonize one another?
I believe most people would prefer to live in peace with their neighbors.
If people had real control of their governments, instead of the government controlling the people, (which is becoming more evident by the day), we would have much less conflict. Perhaps the politicians, bankers, weapons manufacturers, should be placed in the infantry going door to door in battle. That may concentrate their minds on the reality of war and damage and heartache to real families.
If we want to have freedom and live in peace, we should choose politicians and policies that ensure and encourage that. Has the time arrived to change who we allow to not only make war, but to run our lives to the point of injecting us with poisons mandatorily?
What happened to freedom of choice?
Proper, original, understanding of the bill of rights is essential.
BITCOIN & COIN
BTC:GLD below shows bitcoin still underperforming Gold, no signal to buy bitcoin yet.
GOLD AND SILVER STOCKS
Gold stocks have outperformed physical gold for the past few weeks.
Silver stocks continue to outperform physical silver.
GOLD AND SILVER
Silver outperforms gold this week. Long may it last.
GOLD TO USD
Gold v USD Gold is outperforming the USD. Even though the USD is strengthening, so is gold. A great sign for future gold strength.
A LOOK AT THE GOLD AND SILVER CHARTS
| Today | Last Week | |
|---|---|---|
| Gold price | $2,344.00 | $2,295.00 |
| Silver price | $28.12 | $27.09 |
| Gold:Silver ratio | 83.22:1 | 84.65:1 |
| Gold Miners bullish percent index: | 75.00 | 64.29 |
| Dollar Index | 105.14 | 104.00 |
| Dow:Gold Ratio (BahaUS $38444.00 Gold price, $2,344.00) | 16.40 | 17.11 |
| Current USA inflation rate (Dept. of Statistics) | 3.5% | 3.2% |
Gold’s low of the week was $2,302.00 and the high was $2,365.00, now trading at around $2,343.00.
- The monthly chart for Gold is a hold. We bought it at $1,800.00 and have held it to date. It looks a little overbought here but the indicators are mainly positive. (Chart below).
- The weekly chart remains a hold. Looking overbought but no sell yet.
- The daily chart is a hold. Price is looking overbought but all indicators are positive so we hold.
The low for Silver this week was $26.85 and the high was $28.52, trading around $28.07 at present.
- Silver on the monthly chart indicates a hold. It needs to break $30.35 then $50.00.
- The silver weekly chart is a hold. We bought it at $24.00. I would like to see it break out of its long-term trading high of around $28.60 which it has now touched.
- The silver daily chart is a buy, looking a little overbought but it has broken out of the long-term trading area. If it holds above $28.00 that is a great sign.
Our partner has stock of both Gold, Silver and Goldbacks in our vaults available in Panama. Please contact us for more information.
A video by Mike Adams on the Goldbacks.
Well worth a look!
On the Stockcharts.com charts, the blue vertical lines are our proprietary system buy signals and the red vertical lines are system sell signals – for information purposes only
Please contact us to arrange the purchase and storage of your gold and silver requirements in a safe, insured location outside of your jurisdiction.
If you are interested in an overview of Fort Kobbe, you may want to have a look at this video: Mike Brown, Director, Fort Kobbe, International Vaults, A DotCom Magazine Exclusive Interview
This is my interpretation of the market and is not to be taken as financial advice. Before making any buy or sell decisions I recommend that you consult with your professional financial advisor.
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