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.
By Silver Shield
I wrote a month ago in an article called Silver Bullet and the Silver Shield, that silver is a vital commodity to our way of life. I stated that silver is a precious metal that is being trashed as an industrial metal. As a result, it is within years of becoming the first metal to become extinct according to the USGS. At some point the shortage is going to become so obvious, that people are going to rush to turn in their depreciating dollars for real silver money. That is just the monetary demand of silver, the industrial and strategic demand is another huge factor we should consider.
Corporations are going to secure stockpiles of this precious commodity so as not to cause any supply disruptions in their billion dollar a year operation. Take for example the $300+ billion Apple Computer. Apple Computer’s market cap rests upon the increased sales and production of computers. If every one of their $1,500 computers has a 1/10th of an ounce of silver in it, they will spare no expense to secure silver when it becomes hard to get.