NEGATIVE RATES LUNACY: History Will Condemn This STUPIDITY!

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by Lior Gantz, Activist Post:

This is a critical update from one of the best financial commentators I know, a good friend of ours, Mr. Lior Gantz of WealthResearchGroup.com and we’re excited to share this one with you!

When people read books about our times 80-120 years from now (which will describe the conditions that led to the worst financial crash this world will have ever seen), readers will demand to understand how billions of people from all walks of life chose to believe in fiat currencies, government bonds, and paper derivatives over hard money.

I still don’t quite know how to capture it in words, but I believe that that ignorance of currency’s worth is a major contributor to this.

This newsletter was launched in order to help those who inquire about these matters, but the majority couldn’t care less.

The world is not comprised of many enlightened individuals like yourself. Most drift on for decades, never contemplating any subject of real importance. Unfortunately, most are mere sheep that must be herded. That is my conclusion after observing people from 6 continents, and I can only assume Antarctica won’t change my mind.

Not only do people choose government bonds over hard money, but they do so even when there are simple storage solutions for gold and silver.

$13.64 trillion, equal to a quarter of all sovereign and corporate bonds, currently generate negative yields. Is that not lunacy?

When the U.S. economy rolls over and begins to slow down, the rest of the world will feel the impact, not vice-versa. Judging by advanced Google Trends analysis, I can tell you our work concluded that people aren’t afraid of a slowdown at all. Terms like unemployment, which Americans research when they believe they’re next, are low. They’re also not researching TV shows, which means that they don’t have spare time, as they would in a slowdown.

The amount of Google searches for coupons and discounts is also down substantially. In fact, Americans have been spending heavily on RVs and other pastime activities.

Most are putting 2008 behind them. They’re getting accustomed to their new reality: 2-3 low-paying jobs, some government assistance, a little debt, no assets, and few chances of exiting the cycle.

I implore you to NEVER stop dreaming, to NEVER quit in the search for prosperity, and to NEVER cease growing and developing personal skills that will result in your eventual breakthrough. Let the rest live unfulfilled lives – if that’s their aim – but keep right on envisioning a better future by acting in the present.

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