The Hegelian Dialectic Comes To Wall Street

Hegelian Dialectic Comes To Wall Street

by: Patricia Young


Goldenladyfun predicts gold to go down to $500 per ounce. We say this not for any particular technical reasons. Our prediction is based purely on logic. By now it is self-evident that there are forces at work in gold markets which defy historical references. The fact is that the world's economies are not interested in old world concepts of wealth. Instead they are based on the concept of demand and supply.


The perception that people are free and therefore own their own labor and time has run its course. It is starting to become clear that people do not own themselves and that they and their labor belong to the State. The recent protests called “Occupy Wall Street” is proof that the world's populations are willing to exchange their freedom for a loaf of bread.


In fact, many of the protesters in Europe as well as America begged for Socialism or Communism. They expressed their discontent with Capitalism which they deem to be the cause of economic strife. Now the governments of the world have a pretext to deliver what they always wanted. Poverty! They surely believe that wealth is defined in terms of a differentiation between haves and have nots; not a universal concept which can be enjoyed by all.

For that very reason we believe that gold will be confiscated and withheld from the people and therefore pegged to a price that does not make owning it worthwhile. We feel that that price will be around $500 per ounce.


We know that this is not a popular point of view. But even Ben Bernanke, the head of the U.S. Federal Reserve Bank, says that the government will never default because it will just print more currency. In a strange sort of way Bernanke, the demonstrators and George Soros all agree about what should be done. The only true way that this voodoo economics can work is through Socialism, Communism and Facism.


With that much pressure behind the anti-Capitalism movement we do not see how there can magically be a return to free market principles. Ours will be a life of Socialism paid for with inflated currency, government hand outs, centralized control and $500 per ounce gold. As Bridget Brown, a reporter for CTV in Canada recently said “Gold is not backed by anything like the U.S. Dollar”.


Patricia Young is the owner of Goldenladyfun, a distributor of Affordable 1 gram gold bars for KB Gold of Germany, http://www.kb-vision.com/?s=greenshield