If you wait by the river long enough, the bodies of your enemies will float
by Sun Tzu, The Art of War, fifth century BC
In The Price of Gold and the Art of War, Part I and in this Part II, the author explained how the bankers’ war on gold forced down the price of gold between 1980 and 2000. This is a brilliant short summary of the Centrall Banks action to date in simple terms that can readily be understood by most observers - Editor Money Talks
The Price of Gold and the Art of War Part III
When growth slows in capital markets, the bankers’ daisy-chain of credit and debt breaks down; setting in motion defaulting debt which ends in recession, deflation or, in extreme cases, a deflationary depression.
A deflationary depression is a fatal monetary phenomena where the velocity of money—circulating credit and debt—falls so low capital markets are no longer self-sustaining. This happens after the collapse of massive speculative bubbles such as the collapse of the 1929 US stock market bubble which resulted in the world’s first deflationary depression, the Great Depression of the 1930s.
Throughout history, gold and silver have offered safety in times of economic chaos. Today is no different. What is