History tells us that Government interventions always fail and when they fail, they fail spectacularly. I don’t think they can keep up this intervention in gold market much longer and I think we’re getting close to the end of it. – Dave Kranzler on “Turning Hard Times Into Good Times”
We’re not wrong about the reasons for owning gold and silver. In fact, if looked at over the entire duration of the precious metals bulls market starting in 2001, gold and silver have outperformed every asset sector. If we’re wrong about anything, it’s in underestimating the degree to which fraud, corruption and criminality have completely engulfed the entire U.S. corporate, Wall Street and political system.
A perfect example of the lies and propaganda is the fact that the Obama government, Wall Street and the media are forcing this idea on the public that the economy is “recovering.” And yet, the economic metrics – including and especially the price of oil – are telling us that we’re entering a depression. Does this graph reflect that idea that the public feels good about the future? (source: Zerohedge, edits are mine):
The graph above is a Gallup poll that measures the economic outlook of those polled as of the last week. The sentiment is plunging along with the economy.
Below is my interview with Jay Taylor on his “Turning Hard Times Into Good Times” internet radio show on the VoiceofAmerica network: