 Gold This Week
All aboard
the Gold Express
October 22,
2004
William (Bill) Buckler
Captain of The
Privateer
Extracted
from the October 15 issue of Bill Buckler's "Gold This Week"
It
is crystal clear that the present trajectory of the US government
is one which makes fiscal and financial collapse utterly inevitable.
And because the rest of the world still relies on the US and
its Dollar as the foundation of the global financial system,
those clear eyed indivduals know that no nation will escape unscathed
from a US financial meltdown, whatever its magnitude.
Is Mr Kerry
expected to "solve" these problems? No, he isn't. But
a new Administration would at least bring with it the possibility
that the world will not be subjected to more of the same. And
in addition, a repudiation of the Bush Administration on November
2 would send the rest of the world the message that the present
US exectutive branch of government has NOT and is NOT acting
in the name and with the approval of the American people.
For the third
year in a row, the US government is up against its borrowing
limits. And as each borrowing limit has been reached, the fiscal
and financial condition of the US has worsened. It has NEVER
been as bad as it is now, in the final throes of a US Presidential
election. The only question left is whether the wheels will fall
off before, or after, the US election.
That the wheels
WILL fall off is certain. Are you READY for that? Yes, of course
you should have minimal debt, Gold as financial insurance, and
as little exposure as possible to paper assets, especially those
denominated in US Dollars. But above and beyond all that, you
need to be in the position where you acknowledge the gravity
of the situation to yourself. That way, you will be neither surprised
nor blindsided by inexorably coming events.
Financial debacles
are just that, financial debacles. The world does not stop turning,
nor does the sun stop shining. People still learn, teach, trade,
work, create, and enjoy life. What is going to be sorely hit
is not REAL wealth, but merely paper claims to real wealth. When
you think about the coming FINANCIAL debacle, think about this.
In times of financial strife, wealth returns to its rightful
owners. The rightful owners of wealth - real, physical, existing,
functioning producer and consumer goods and services - are the
ones who create it - NOT the ones who "buy" it by issuing
promises to pay which they have no intention of honouring.
More follows for subscribers
October 25,
2004
William (Bill) Buckler
Captain of The
Privateer
From the editor
of 321Gold.com
I suspect that popular opinion holds that the events of 1929-1933
occurred in a vacuum. One day we weren't in a depression, the
next day we were. And no one noticed or wrote about what was
going on. I really don't believe that's true. I think there probably
were a lot of people thinking and writing who fully understood
what was happening because they were reflecting on current events
as it would affect them and their investments.
The same is
true today. There are so many really wonderful minds thinking
about what is going on and doing a great job of communicating
both the problems and the solutions. At 321Gold, we are proud
to offer the likes of Ian Gordon, Steve Saville, Richard Russell,
Rick Ackerman, Frank Giustra, and Ed Bugos to our readers.
I have been
following Bill Buckler for over a year now. We just got permission
to post snippets of his work and you will be reading a lot more
of what he has to say. He's simply brilliant and you owe it to
yourself and the preservation of your wealth to at least try
his service.
For a free
trial of The Privateer go here.
Or for the
Full Monty go here.
It costs
about $8.50 a month and is worth every cent.
Robert J Moriarty
321gold
Inc
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