A reminder how sheltered our media in the States keeps us. The subject interviewed is from Dallas and the only one that gets to hear his message is the BBC in England/Europe. This guy has an incredible grasp of the situation worldwide and uses it to make billions of dollars….. Nice to see that when you have a crystal clear perception of the worldwide economic situation and follow this up with action – the profits can be simply staggering:

Again the point is made…we are in the third year of unprecedented 0 % interest rates. Free money for the governments, corporations and individuals of the western world (If you can qualify to get it). This allows the world to attempt to service monstrous debt loads at these low interest rates and facilitates the debt to get even larger. At some point interest rates will normalize to 5 percent or more. An extra 2 % in interest on this massive debt will consume most of the revenue received by governments worldwide…. And a 4% increase will consume all revenue plus some. So to counter the upward pressure on these unnaturally low interest rates, trillions and trillions of derivatives must be constantly piled higher and higher on all of the bond markets of the world and hundreds of billions of low interest bonds must be bought by government entities to make it appear that demand for these low interest bearing bonds is off the charts and therefore drive interest rates lower and lower.

So the tipping point, in my opinion, is when the bond market goes into reversion and turns on the manipulators through rising interest rates. Any upturn in interest rates will bite off the heads of the manipulators and send them careening into a bottomless pit. Look for unlimited and mind boggling interference in the bond markets to attempt to thwart this unstoppable tidal wave. So gold is only one of three markets that they must manipulate simultaneously – equity, bonds and commodities. Good luck to them and they have done amazingly well considering what they are up against these past 10 years. Unfortunately, when you buy a tomorrow, you sell out your entire future and dig a deeper hole to have to climb out of. Eventually the hole is so deep, it is referred to as Hell.