Michael Noonan – Syria: An example why gold and silver have not rallied, and an example of why gold and silver ultimately will rally.
As a side note, never in the history of the world has a fiat paper currency ever survived. Never before in history has there been so much fiat-created paper currency nor has there ever been as much debt in the world. Never before has the demand for gold and silver been greater, nor the supply of same less, relative to the demand. Obviously, as we have stated in the past, the natural factors of supply and demand are of no consequence for the pricing of gold and silver.
This makes Syria an interesting topic, seemingly non-related to how PMs are currently priced, and there are hundreds of topics that could be used to make the same point, which in itself is part of the point to be made. Syria is but a symptom. The core is the international globalists creating havoc around the world as its massive Ponzi scheme has begun to spiral out of control.
Events are speeding up making it almost impossible to keep up with what seems to be so many disparate occurrences, when in reality, all are symptomatic of the core catalyst. What we like about Syria is how it exposes both the US hypocrisy and phony bluster when the might of US forces is pitted against an equal, if not superior opposing force, as in its “non confrontation” with Russia.
The US has purportedly been fighting “terrorism” [much of it its own creation], in Syria for the past few years. First, it was anti-Syrian rebels fighting to oust Assad [because the US wants to replace him with a compliant pro-Western puppet head]. Then the CIA-financially backed, armed, and trained ISIS was created, ostensibly as a terrorist group, in general, but with Western intent of toppling Assad. So, the US has been “fighting ISIS” for the past three years, unable to eradicate the rag-tag, black-clothed fighters wearing their Air Jordan sneakers, correction…Air Jihadis, to no practical effect.
Enter Putin who says Russia wants to form a coalition with the US and get rid of ISIS once and for all. We often make reference to the over-used analogy of Putin being a master chess player to his counter-part mediocre checkers player, Obama, simply because it is so apt. Would the US join forces with Russia to do what the US claims it has been trying to do for the past few years, spending billions of fiat in the process? Of course not! Continue reading