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Jim Cook

 

RUNAWAY SOCIAL SYMPATHY

Every once in a while I switch the TV channel from Fox to CNBC to see what the liberals are saying.  After listening awhile I get a deep sense of hopelessness and foreboding for our country.  The most important thing for the left is giving money to people.  They are happy to see the growth of food stamps, disability payments, housing subsidies, free healthcare and all the other welfare benefits.  They utterly fail to see the damage it is doing to the recipients.  Whole cities that once flourished have deteriorated into rotting eyesores populated with shambling hulks of chemically dependent drones.  These people are no longer employable.  They have become incompetent and helpless and the liberals can’t see that it’s their doing.

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The Best of Jim Cook Archive

 
Best of Jim Cook
August 7, 2013
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PANIC ATTACK

Ted Butler thinks the price blow off in silver is not only inevitable, it’s imminent.  He never talks about the economic reasons for silver rising such as inflation or financial collapse.  He sticks to the fundamentals. He sees heavy industrial and investment demand overpowering tight supplies.  He picks apart the secret mechanisms of the futures market.  He uncovers the major metal plays of the big dealers who would rather keep them hidden.  He takes on the masters of the universe and disrobes them for all to see.   

Despite his prowess he overlooks the most powerful economic trend in history; the death of the dollar and the failure of the U.S.  The coming crash and downfall of our currency will explode with a violence that will scar us forever.  Disasters and declines are bullish for only two things: gold and silver.  The demand for these precious metals in a panic and crisis will render them scarce and costly.  Mr. Butler talks about an industrial panic in silver when users can’t get enough silver to make their products.  That panic would be like a line at a checkout counter compared to a panic from hyperinflation and economic Armageddon.

Russia tried socialism and collapsed completely.  In the U.S. we are now far more socialistic than capitalistic and we embrace more socialism every day.  To pay for socialism we inflate our currency and risk the dollars standing in the world.  We do all the dumb things that failing nations have tried like high taxes, overregulation, subsidies, welfare payments, deficit spending, political cronyism, bloated government, easy money and excessive borrowing.  Taken together they spell our doom. 

So if you buy silver purely for the reasons Ted Butler outlines, you are hopefully going to experience the gains he promises.  More importantly, in my mind, you will be protected from the coming apocalypse whenever the full bloom of that horrible event overtakes us.