By Silver Shield

I made a call earlier this year that the debt ceiling would be raised after a Contrived Drama plays out in Washington. I became even more emphatic in April when I said that you can “Count On It!” The reason for my bold assertion is because I know that our debt based monetary system MUST have a constant expansion of debt in order to function. Our money IS debt and they are on in the same. Debt needs to be increased every year in excess of the debt AND interest accrued the year before or we would face a catastrophic deflationary crash. And since bankers profit from creating debt/money and politicians gain control from spending money/debt,they will not end this game willingly. They will put on a huge act to reign in our expectations,but this head fake will only result in a higher debt ceiling and QE3.

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By Silver Shield

Back when I was a thoroughly indoctrinated Fox News Junkie, I was constantly confronted by people calling George W. Bush either a complete idiot or and evil genius. GWB was either a drooling buffoon who was incapable of doing the simplest of tasks or he was a third generation Fascist genius, who was hell bent on systematically destroying the American Republic. Being a kool-aide drinker myself, I just didn’t get why people didn’t see him as a warm, caring, strong, and patriotic president. This is what ultimately led me to ask a deeper question, how is it possible that one guy could be seen by so many people, in so many different ways?

Fast forward to the 2008 presidential election. Barack Obama (I love how his name still comes up as a misspelling) comes on the scene and the same thing happens again, only in reverse. Now Obama is either a complete idiot or an evil genius. He’s either an empty suit that cannot put two words together without his teleprompter or an evil communist bastard who’s plotting to destroy the America Republic. And yet to the average Obama supporter, they just don’t get why people don’t see him as a young, charismatic, intelligent and motivating president. Again, how is it possible that one guy can be seen by so many people in so many different ways?

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By Robert Singer

Headline today November 9, 2010: Gold and Silver Soar amid New Debt Woes and Gold Standard Talk

The last time the precious metals were in the news was March of 2008.

The Future of Silver, According to Adam Smith (1723-1790) was my attempt at humor after I began my lucrative Internet writing career.

David Morgan (www.silver-investor.com, one of the most respected newsletters in the industry) publishes an in-depth and comprehensive look at the micro and macro economics of the precious metal markets, read The Future of Silver and “thought my humor was terrific--.”

What follows is pure Unadulterated Unverified Mogamboism (UUM) and reflects my views on the future of silver and the planet. Any resemblance to real persons, living or dead is purely coincidental. Since Adam Smith or the Silver Smarty Pants (SSP) never agreed to a Mind-ray scan, neither of them could endorse these views, which may or may not prove to be correct. This was my attempt at humor released December 2008.

[Breaking News: November 9, 2010: 'JPMorgan traders bragged about manipulating the silver market' (in 2008), informant says is discussed in this article.

Robert Singer, proclaimed a Junior Mogambo Ranger (JMR) in 2008 interviews Adam Smith, telepathically.

I got out my new Matrix Mind-ray Scanner, delivered before The Sharper Image and our way of life filed for bankruptcy and Googled “who is the founding father of economics”.

Results: Richard Cantillon, Alexander Hamilton and Adam Smith.

I never heard of Cantillion and Hamilton is the father of Crony Capitalism.

I selected Adam Smith and set the device on “Interview”:

Adam: I hear the Commodity Futures Trading Commission (CFTC) is finally taking the Silver Smarty Pants (SSP) seriously.

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