Washington's Spending Fix Is Hardly Anything Of The Sort

By Anne Trimble

For anyone who thinks that the short-term solutions proposed for our country's financial calamity made any kind of difference, we must hastily disabuse you of that idea right away. The budgetary "repair" this week was for political purposes only and does absolutely nothing to resolve the reasons this nation is falling apart financially. In other words, nothing has actually improved.

Nor will President Obama and the Congress meaningfully address those problems in January when they're scheduled to do this all over again. America will continue to use temporary measures to avoid the trigger of yet another global economic meltdown. It will continue to remain in the good graces of the money masters in China who hold a huge portion of U.S. Treasury debt. The game will continue until something drastic happens and the charade comes to an end.

No wonder gold prices moved little during the 17-day "drama" that surrounded the partial shutdown of the U.S. government. It was a minor skirmish with all sorts of political wrangling. The purpose of the rhetoric was merely to assign blame and point out whose fault it was. Savvy investors understood this entire scenario. They did not expect misguided federal solutions to amount to much. They did not even expect America would run out of debt-money. And they did not expect a default on Treasuries this month. As it turns out, they were quite right. So the option to turn precious metals into a "safe haven" during distressing times didn't come into play.

The United States of America is just where it was prior to the turmoil. Absolutely nothing whatsoever has actually changed. We continue to be in the same situation as before, with way too much financial obligation to be paid by our generation, the future generation, and even the generation after that one. It appears that we have actually got a socialistic president that does not really care about our troubles. We also have a gutless opposition that cannot see beyond short-term political measures. They were not able to stand firm and at the very least try to remedy trying circumstances. Absolutely nothing occurred to lead us to believe that the scheduled program of this nation's financial devastation has been diverted.

So continue to prepare for even more political accidents and economic shocks straight ahead of us. Our advice is to continue purchasing gold and silver financial instruments as a way to prepare for the coming monetary cyclone. In the days to come, gold and silver will show their value as God's Money.

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