Gold price hits new record high, While The Economy Deflates, Far Left Environmental Socialist War On Fossil Fuels Limiting Supply and creating SHORTAGES – April 2, 2024
To start on April 1st, World Economic Forum TOOL Justin Trudeau decided to follow ELON MUSK’s advice to pursue a CARBON TAX agenda, and he raised the price of his carbon tax while simultaneously raising the wages of his FEDERAL WORKFORCE.
Although it’s not popular to say this, I consider all carbon taxes PRICE CONTROLS, and the goal of price controls is for the GOVERNMENT to control prices and redistribute money to entities the GOVERNMENT imagines as more worthy.
In the case of Canada, their federal government continues to post RECORD DEFICITS, and their only means to generate revenue is to DILUTE the DOMESTIC purchasing power of their national currency.
Internationally on the foreign exchange markets, of course currencies have a mind of their own, primarily because PROPERTY rights are often more restrictive in non-western nations, BUSINESSES typically hoard fiat currencies from western nations, thereby propping up their values.
With that said, what can’t be ignored are the emerging SHORTAGES problems occurring in the precious metals space. Some claim prices are being manipulated, but I disagree; what’s occurring via this FAR LEFT SOCIALIST climate change agenda is that all of these PRICE CONTROLS and excessive government regulations are creating SHORTAGES of things.
Gold still has INDUSTRIAL VALUE, and projections for gold and silver are showing signs of future SHORTAGES because, in case you’re not paying attention, the ECONOMY is actually deflating.
One of the major problems with FIAT money is PERCEPTION; so FISCAL spending in America, for example, is at an all-time high, but you’d never notice if you weren’t paying attention to the numbers that matter.
War on fossil fuels, on the surface, looks like it’s having a minimal effect on the economy because FIAT MONEY IS STILL flowing, but you should pay close attention to where most of that fiat money is flowing to to get a better idea as to why PRICES are rising so high.
I used the Canada example to illustrate how more expensive it is to acquire Canadian dollars. Canada’s central bank interest rates are at 5%, and they have a CARBON TAX in that country; I bring up Elon Musk because one of the reasons he wants a carbon tax as a PERMANENT fixture on the economy is because his WEALTH depends on it.
I frequently write about that piece of shit many of you love named Elon Musk being a welfare BILLIONAIRE; that’s what he is; he’s the beneficiary, for example, of a lot of FREE SILVER, and if you’re not paying attention, the RESELL value of Tesla’s continues to drop, I believe Ukraine, is one of the rare countries that’s able to find value out of reselling used Tesla’s and the only reasons for this is via the LACK of regulations in Ukraine.
Twitter is not important to free speech, go fuck yourself if you genuinely believe that. A lot of you so-called freedom fighters are easily manipulated. Twitter was a horrible investment by a WELFARE billionaire, who is the direct beneficiary of the same elites, bringing UNNECESSARY death and destruction to keep civilization dependent on them.
As it relates to electric cars, I’m not calling a lack of regulations a BAD THING; what I’m pointing out is how unsustainable this modern economy is in its present form.
Money and RESOURCES are being wasted at an alarming rate, and it’s finally hit the gold markets. I actually think the rise in gold price has less to do with Gold once again becoming money and more to do with SHORTAGES of gold for industrial purposes as it’s becoming obvious to the markets that SHORTAGES are on their way, and why sell now, when it will be better to sell later and because of these idiot far-left politicians, who let the inflation genie out of the bottle, their only way to stop the inevitable is either AUSTERITY MEASURES or retail PRICE CONTROLS.
Now, history has shown us that federal governments prefer PRICE CONTROLS, and anyone who knows anything about RETAIL PRICE CONTROLS leads to SHORTAGES.
Governments in Western nations are supposed to be SMALL for a reason: controlling the weather is not supposed to be a function of the Federal government; everything in this modern developed world is RETARDED.
Everyone who understands basic economics knows that, for once, Argentina is ahead of the curve. Austerity measures at this point are inevitable, or we’re headed for economic COLLAPSE.
Now because western currencies are still widely accepted globally, how that economic collapse occurs is anyone’s best guess, but make no mistake about it, these idiot far-left federal leaders in the Western world, as well as a few of these idiot so-called Conservatives, have unleashed the INFLATION genie, and because non-western nations have PROPERTY RIGHTS issues, the likely scenario from how I see it is that SHORTAGES of things are going to become a problem, s people will still refuse to dump their western fiat currencies, in hopes the ADULTS return to the political arena.
Similar to the idiot that is running Canada into the ground, America has its own idiot in the White House, and the Joe Biden problem differs from the Canada problem in that Joe Biden is clearly NOT in charge of his administration; he’s a puppet, whereas one could clearly see that Justin Trudeau is merely an idiot, Joe Biden is ABSENT.
This means that there’s a shadowing government behind the Biden administration, redistricting resources and flooding America not only with illegal aliens but with a host of NEW PROBLEMS that will take decades to fix.
Now, undoing all the damage Joe Bien caused won’t be easy because there’s a bureaucratic problem in the U.S., and Donald Trump, the likely Biden replacement, is not as efficient with solving DOMESTIC problems as Ron DeSantis has proven to be.
So if you’re a strategic investor, and you’re looking at the world as it is right now, a far argument can be made that, at the very least, prices for EVERYTHING are headed upwards internationally, and they’re not coming down anytime soon.
Until I see global push for austerity measures in the western world, this economy is headed for COLLAPSE.
Interesting times ahead!