LIVE Gold Prices $  | E-Mail Subscriptions | Update GoldSeek | GoldSeek Radio 

Commentary : Gold Review : Markets : News Wire : Quotes : Silver : Stocks - Main Page >> News >> Story  Disclaimer 
Latest Headlines

Trump vs. Biden: What’s at Stake for Metals Investors?
By: Stefan Gleason

Gold Stock Profits: A Horn Of Plenty
By: Stewart Thomson

Gold SWOT: Record Levels of Platinum Buying by Retail Investors
By: Frank Holmes

When Is a Capital Gain Capital Consumption?
By: Keith Weiner, Monetary Metals

Holiday Weekend More Spectating than Spending
By: Rick Ackerman, Rick's Picks

MCX (India) Silver Long Term Price Forecast
By: Chintan Karnani, Insignia Consultants

Gold Seeker Report: This Week in Mining Issue #14: A Quiet Week on the Mining Front
By: Chris Marchese, Chief Mining Analyst at

Getting Positioned for the Worst Depression in the History of the World...
By: Clive Maund

Precious Metals Hit Resistance
By: Jordan Roy-Byrne

COT Gold, Silver and US Dollar Index Report - May 22, 2020


GoldSeek Web

If, and When, the Gates Close Forever

 -- Published: Monday, 4 August 2014 | Print  | Disqus 

By Dr. Jeffrey Lewis

If you can keep your head when all about you
    Are losing theirs and blaming it on you,
If you can trust yourself when all men doubt you,
    But make allowance for their doubting too;
If you can wait and not be tired by waiting,
    Or being lied about, don’t deal in lies,
Or being hated, don’t give way to hating,
    And yet don’t look too good, nor talk too wise:

Nearly seven years after the world's greatest financial crisis, we remain in monetary emergency mode, an irony matched only by the last minute (literal, and relatively quiet) battening down of the monetary hatches.

The U.S. Treasury Advisory Committee has warned, on numerous occasions over the last few years, about the downside to quantitative easing.

(Overnight inter-institutional loans form the engine of world liquidity, and an enormous threat the current fragile financial conditions.)

Monetary policy plays chicken with the fragile REPO collateral engine.

Direct from those warnings saw the symbolic (too little too late) reduction in the Fed's monthly purchases.

Even the central bank of central banks, the Bank for International Settlements (BIS) has warned repeatedly against the fallout of inflationary policy.


Obscure in the minds of most, the President's new retirement offering is an evolution of its own.

Make no mistake, the program comes to life as equities reach one all time high after another.

MyIRA is a preparation and an ominous warning. It is an indirect bail-in coming soon - as the need for captive buyers of government debt inevitably surges.

The plan will be aggressively sold as an option aimed at lower and middle class who do not have an employer-option, but in reality is one step in a broader preparation to funnel/confiscate assets during the next wave of monetary panic.

The Gates are Closing

The recent SEC ruling on the protecting mutual fund liquidation is more ominous. It is a reflection of the type of confiscation that (ironically) only precious metals investors are obsessed with.

How fascinating that an agency, essentially inept in protecting citizens from all manner of financial fraud…from Ponzis to algo-driven HFT terror.

According to Reuters, the SEC adopted new rules designed to curb the "risk of investor runs on money market funds", capping the end of a years-long heated debate between regulators and the industry dating to the financial crisis.

This comes just as all time highs in equities are becoming impossible to ignore.

As we noted previously,

"Desperate times call for desperate measures. And the desperation to buy and hold metal should simply be proportional to the desperation of the will of the monetary powers to maintain the status quo."

Not only are governments around the world desperate to maintain the status quo, they are equally as desperate in their preparations for the coming crash.

Precious metals investors need to "play" as if that day will come.

We must prepare for the worst, because, especially in times like these, the best will take care of itself.

Sadly, most people don't realize how fragile things are.

I don't know the best way of waking them up so they can prepare.

The bottom line: Protect yourself from extreme harm.

Ignore small dangers, like price volatility.

History does not repeat. It rhymes.

In the monetary realm, each successive bubble appears in a new context; one never before seen and impossible to accurately model.

The monetary powers that be see panic on the horizon. They are preparing for the modern day precious metals confiscation. This time it will come in the form of a bail in, and sold as your patriotic duty.

If you can talk with crowds and keep your virtue,
    Or walk with Kings—nor lose the common touch,
If neither foes nor loving friends can hurt you,
    If all men count with you, but none too much;
If you can fill the unforgiving minute
    With sixty seconds’ worth of distance run,
Yours is the Earth and everything that’s in it,
    And—which is more—you’ll be a Man, my son!


| Digg This Article
 -- Published: Monday, 4 August 2014 | E-Mail  | Print  | Source:

comments powered by Disqus


Increase Text SizeDecrease Text SizeE-mail Link of Current PagePrinter Friendly PageReturn to >> Story

E-mail Page  | Print  | Disclaimer 

© 1995 - 2019 Supports

©, Gold Seek LLC

The content on this site is protected by U.S. and international copyright laws and is the property of and/or the providers of the content under license. By "content" we mean any information, mode of expression, or other materials and services found on This includes editorials, news, our writings, graphics, and any and all other features found on the site. Please contact us for any further information.

Live GoldSeek Visitor Map | Disclaimer


The views contained here may not represent the views of, Gold Seek LLC, its affiliates or advertisers., Gold Seek LLC makes no representation, warranty or guarantee as to the accuracy or completeness of the information (including news, editorials, prices, statistics, analyses and the like) provided through its service. Any copying, reproduction and/or redistribution of any of the documents, data, content or materials contained on or within this website, without the express written consent of, Gold Seek LLC, is strictly prohibited. In no event shall, Gold Seek LLC or its affiliates be liable to any person for any decision made or action taken in reliance upon the information provided herein.