When Things Fall Apart… Gold!

16 Oct

When Things Fall Apart… Gold!

It’s like the pandemic all over again with shortages of toilet paper, bottled water, and other consumer goods.   

Friends in Tennessee describe bare shelves in big warehouse stores as people load up on goods for those in trouble in neighboring North Carolina. Same thing in Florida.

But it’s not just because Hurricanes Milton and Helene has washed away homes, bridges, and roads leaving a death toll in the hundreds.  People are grabbing provisions not just because of floods and impassable roads.  

While parts of Tennessee, like North Carolina and Florida, were inundated, hundreds of Tennessee national guardsmen that should have been available for disaster assistance, were just deployed to the Mideast.  Add to the picture the threat of the dockworkers strike and the spread of war.  Check out social media with people expressing their fear of forthcoming shortages of medicine and perishable food as well.  

Although the dockworkers strike has been settled, or at least delayed for now, it puts a sharp focus on the vulnerability of our supply chains.  Why shouldn’t people be concerned?  The establishment media are megaphones for the government, assuring us that everything is under control.  Under whose control?  Biden’s?  Washington’s?

Please!


Here’s a story on the financial news website ZeroHedge that encapsulates what we are describing:

America Last: After Spending $640 Million On Migrants And Billions Abroad, FEMA Suddenly ‘Broke’

The Biden-Harris administration’s ‘America Last’ policies have left the country vulnerable. Between draining the strategic petroleum reserve, sending hundreds of billions in cash and equipment to Ukraine (such as electrical transformers that are now needed for Hurricane Helene), and FEMA spending $640 million to help migrants, the agency tasked with emergency preparedness is now ‘broke,’ and doesn’t have enough money to get through hurricane season which typically lasts through November.

We wish we could tell you it’s just a one-off event from the hurricane, but America’s infrastructure is in disrepair everywhere.  That’s because we spent trillion destroying and rebuilding counties like Iraq.  

The Rutherford Institute:

A water main breaks every two minutes somewhere in the U.S., resulting in contaminated drinking supplies and boil water notices.

One out of three bridges in the U.S. needs repair, endangering hundreds of millions of commuters. More than 42,000 bridges across the country, carrying about 167 million vehicles each day, are in disrepair.

It is estimated that 300 million people could face power outages across the United States between 2024 and 2028, due in large part to widespread power grid failures.

While the dockworkers were getting ready to walk, and floods ruled Asheville, and with America’s wars spreading, Bank of America customers experienced widespread shutdowns during which they couldn’t access their accounts or balances.  The company called it a “glitch.”  Maybe so.  But who can be blamed when the know that BofA has been closing branches like crazy this year.  And those that follow the financial news know that that Warren Buffett just sold $1.5 billion dollars of BofA stock.   

What are people supposed to think?  Are we supposed to wait for the New York Times and the Washington Post to figure things out?

Please!


The problem is that trust in all our institutions is failing.  After covering up Joe Biden’s cognitive incapacity for years, and now trying to portray Kamala Harris as the smartest woman since Madam Curie (and by the way, Kamala was never the border czar no matter what we said when we called her the border czar!) the media’s credibility is a joke.

Things fall apart; the center cannot hold;

Mere anarchy is loosed upon the world,

The blood-dimmed tide is loosed, and everywhere   

The ceremony of innocence is drowned.

We think it was Bill Bonner who once said, “When the money goes, everything goes.”  It is true.  The American monetary system has been dishonest for generations and now it is catching up with us.  That’s why we’ve just experienced the worst inflation in 40 years, and people around the world are de-dollarizing.  Our commentaries here on the Republic Monetary Exchange blog are like a play-by-play account of the money going bad and everything falling apart.

Now another wave of Fed money printing is on the drawing board just as it appears that inflation is beginning to tick up again.

Are you ready?