Something I have been stressing, for at least the last 6 months, if not longer, is that the economic and political environment is not normal.

Meaning that those of us who are 50, 60, 70 years old and older have a long term road map that we have either followed and or learned from, to condition ourselves how to trade, invest and play cycles and repeating patterns. That has ALL changed.

Nothing is currently the same as the last 50+ years that we have grown up in and I am not even comparing it to previous periods in US history.

Here is a brief list of why it is DIFFERENT this time. We have been off a gold standard, ie sound money system for more than 50 years. That has led to the extreme unprecedented levels of debt. In order to get to where we are, the government with the banks and Federal Reserve, have had to manage the price of gold and actually suppress and cap the price of silver.

They did this to keep the frog in the pot of boiling water. If those metals, that represent the only true real money, were allowed to reflect their value the game would have ended long ago.

As I have stated a number of times before, there are two very important factors that have changed in recent years. The first is the ten year window, where effective over a year ago, gold was reclassified as a first tier asset by the BIS for central banks to hold their reserves in.

The second and more important, as far as bringing about an imminent collapse of the financial system, is the level of silver paper derivative creation that dwarfs the amount of both annual silver production and levels of actual physical silver in existence.

The EFP rule change a few years back that has been allowing the physical taking of silver out of Comex inventories and mostly going to Asia via London, is about to bring about the end of this 50+ year scam.

For these important reasons, I cringe every time I hear people here at the Tent and in the business media, talk about taking profits, corrections, bull market cycles, when to sell their metals etc.

Those were all valid things to think about and game plan for, in the PAST. You only want to own, physical gold and silver in your possession. No bank CD’s, no stocks, with the exception of miners that you have either owned for years(which you will sell into the coming upside mania) or bought recently for a short term trade.

When the system goes down and “The Great Taking” is likely to happen, everything else including the fiat currencies and crypto’s, will be basically worthless. Why take the chance. Gold and silver are money. They may swing wildly up and down but are only going higher in the long term, or at worst, maintaining their purchasing power.

It IS different this time and it is NEVER going back to the world and lives that we have known. I am not a gloom and doomer and never have been. I have always been a practical realist. I am hopeful that over time changes will be made and a return to sound money(gold or bimetallic monetary system) will bring about a better future.

I don’t know if I will be around to witness it, but I hope so. Unfortunately, before that becomes possible we have to go thru some upheaval and tough times. Good luck and best wishes to all.