THE END GAME

http://themacrotourist.com//macro/the-end-game

The Catastrophic End Game & Skyrocketing Gold Prices

"Trader Vic" Sperandeo is no ordinary investor--he's in the Hall of Fame of traders.  He's worked with other legendary financiers Leon Cooperman and George Soros.  Paul Tudor Jones, another legendary trader, holds Sperandeo in the highest regard.  He has also been featured in many books about successful Wall Street investors.

http://en.wikipedia.org/wiki/Victor_Sperandeo

Here are his latest comments:

http://kingworldnews.com/kingworldnews/KWN_DailyWeb/Entries/2014/4/19_The_Catastrophic_End_Game_%26_Skyrocketing_Gold_Prices.html

The End Game Will Be Disastrous For The U.S. & The West

http://kingworldnews.com/kingworldnews/KWN_DailyWeb/Entries/2014/4/14_The_End_Game_Will_Be_Disastrous_For_The_U.S._%26_The_West.html

We Are Now In The “Last Innings” Of The End Game

http://kingworldnews.com/kingworldnews/KWN_DailyWeb/Entries/2013/10/31_We_Are_Now_In_The_Last_Innings_Of_The_End_Game.html

The Western world is still faced with increasing debt.  The mainstream media has been focused on the fact that there was a very small decline in the budget deficit, but if you look back in history it took the United States 192 years to rack-up $1 trillion of debt.  Then, the next $1 trillion of debt took only 30 years.  Astonishingly, now we are going through $1 trillion each year.

Right now China has somewhere on the order of $1.2 trillion, and has been diversifying away from those dollar reserves into everything from skyscrapers, to companies, to gold.  The Chinese will continue to do that, but, meanwhile, because of the slowdown of international investors buying dollars, ironically the Fed has had to print dollars in order to buy dollars (laughter ensues).  That, too, is unsustainable.

We Are Looking At A Frightening End Game

http://kingworldnews.com/kingworldnews/KWN_DailyWeb/Entries/2013/10/21_We_Are_Looking_At_A_Frightening_End_Game.html

The reality here is that once a nation or nations go past a certain point, there is no turning back.  You have to either destroy the debt structure, which is a hard-debt deflation, or you destroy the currency by printing more and more until you see a hyperinflationary collapse.  There will be no other possible outcome to this scenario other than the horror of what I just described to you.  Regardless, one way or another we are looking at a frightening end to all of this.”

There Is No Question That We Are Now In The End Game

http://kingworldnews.com/kingworldnews/KWN_DailyWeb/Entries/2013/10/15_There_Is_No_Question_That_We_Are_Now_In_The_End_Game.html

“I Believe We Are Now Approaching The End Game”

http://kingworldnews.com/kingworldnews/KWN_DailyWeb/Entries/2013/10/7_I_Believe_We_Are_Now_Approaching_The_End_Game.html

I Am A Terrified Observer As I Watch The End Game Unfolding

http://kingworldnews.com/kingworldnews/KWN_DailyWeb/Entries/2013/10/4_I_Am_A_Terrified_Observer_As_I_Watch_The_End_Game_Unfolding.html

Eric King:  “How bad will this be when the West finally hits the wall?”

Rule:  “I don’t know, and I don’t know when it will come.  The US can renege on a whole bunch of social promises.  What scares me is that the dialogue isn’t even dealing with the harsh reality the US faces in the future if radical changes are not made immediately."

All I hear is from the US officials is, ‘We can’t taper, the economy is too weak,’ and, ‘We can’t shut down the government because government provides all of these essential services.’  But the coming austerity will be very unpleasant to go through, and people are going to eventually recognize QE for what it is, which is counterfeiting.

The problem with all of the promises the politicians have made is that they are all lies.  I have advocated that people own gold and silver because at the fulcrum point of this deception on the part of the government is the currency.  You can’t have unsecured obligations on top of unsecured obligations.  And the medium for exchange of lies is fiat currency.

The idea that the gradual unraveling of these lies will result in the depreciation of fiat currencies, and the dramatic revaluation of precious metals to the upside, seems to me to be an extremely likely outcome.  I am a terrified observer as I watch the end game drawing to a close.  But I will tell you that I feel more comfortable and sleep better owning gold and silver, rather than having all of my savings in fiat currencies, which are the unsecured obligations of bankrupt, or soon to be bankrupt borrowers."

Jim Rickards on Gold and the End Game

I would point to two very powerful examples to encourage investors to buy even in a declining environment, given the end game. You must keep your eye on the end game. The problem is, when the end game comes, you're not going to be able to get gold. It’s not a question of price anymore. You won't be able to get it.

Here are two examples. First of all, everything I just talked about has already happened. It happened in 1933. Between 1927 and 1932, the United States had 25 percent deflation, the only time in U.S. history anything like that has happened. Price levels dropped 25 percent. What did the U.S. government do? They revalued gold. They took it from $20 an ounce to $35 an ounce, which is a 60 percent devaluation of the dollar. They knew exactly what they were doing, and the reason they did it was not to reward gold investors. In fact, they confiscated the gold first! They took the gold at $20 and then re-priced it, because they knew what they were going to do. The reason they did it was because they wanted all commodity prices globally to go up.

Nothing happens in a vacuum. Nothing happens that's not part of a bigger picture.

The reason Roosevelt did that in 1933 is not because he wanted the price of gold to go up; he wanted the price of cotton, oil, steel, and coal etc. to go up. The minute he took gold up, from $20 to $35, it worked. We had a huge stock market rally in 1933, and the economy improved significantly from 1933 to 1936. That was a big recovery in the middle of a depression, but it was because they were successful in creating inflation by re-pricing gold, and everything went up. Then we went into a second recession in the Depression, 1937, which had a separate set of causes. My point being, this is not a theoretical exercise or fantasy. It's exactly what happened, and it'll happen again — not because I have a crystal ball, but because it's the only thing that works. If you get that kind of deflation, it means you've tried everything and failed, so you do the one thing that's guaranteed to work. Re-pricing gold is guaranteed to work.

If you wake up one day and gold is three times higher, expect to pay three times more for a quart of milk. It just means your money went down by two-thirds. By the way, the best performing stock on the New York Stock Exchange in the 1930s was Home stake Mining. The whole stock exchange went down, and the biggest gold mining company in North America went up for the same reason – because they were mining gold. So, number one, there is a concrete, historical example of this actually happening.

Example number two involves the biggest, smartest buyer in the world, which is China. They took 600 tons of gold from the Perth Mint at the lows of about $1,250 in June. They absolutely just drilled it. If you think China are dopes, then fine, but I don't think they're dopes. I think they know exactly what they were doing. When you see the biggest buyer in the world buying at the lows, you ought to think that maybe you ought to buy at the lows. In other words, buy the dips. That's what I do.

Every time I see gold at $1,200 or $1,320, I go out and buy some more, and when I have the opportunity, I just keep accumulating. Gold is going to go higher one way or the other, and when it comes, you actually might not be able to get the physical.

I agree that this is a hard sell, because people have very short attention spans. They focus more on nominal prices than real prices. Trying to sell people on something that might be going down is a tough sell, for very understandable reasons. You just have to say, hey, everything else you want might go down more! - Jim Rickards, interview with Anglo Far East

We Are Very Late In The End Game - “It’s Close To Game Over”

http://kingworldnews.com/kingworldnews/KWN_DailyWeb/Entries/2013/8/15_We_Are_Very_Late_In_The_End_Game_-_Its_Close_To_Game_Over.html

John Williams - We Are Beginning To Approach The End Game

http://kingworldnews.com/kingworldnews/KWN_DailyWeb/Entries/2013/7/3_John_Williams_-_We_Are_Beginning_To_Approach_The_End_Game.html

This Will Signal The Final Collapse & End Game Has Started

http://kingworldnews.com/kingworldnews/KWN_DailyWeb/Entries/2013/4/1_This_Will_Signal_The_Final_Collapse_%26_End_Game_Has_Started.html

Cyprus, Massive Global Debt, Derivatives & The End Game

http://kingworldnews.com/kingworldnews/KWN_DailyWeb/Entries/2013/3/25_Cyprus%2C_Massive_Global_Debt%2C_Derivatives_%26_The_End_Game.html

The Approaching End Game & How To Benefit From It

http://kingworldnews.com/kingworldnews/KWN_DailyWeb/Entries/2013/2/3_The_Approaching_End_Game_%26_How_To_Benefit_From_It.html

"The End Game: 2012 And 2013 Will Usher In The End" - The Scariest Presentation Ever?

This is a re-post.  I agree his scenario is not only possible, but probable.  No one knows for sure, but my predicted timeline is 2013 - 2015 for the big reset of our global monetary system to reset.   Raoul Pal's timeline is certainly more aggressive.

http://www.zerohedge.com/news/big-reset-2012-and-2013-will-usher-end-scariest-presentation-ever

Embry - We’re Witnessing A Historic & Frightening End Game

http://kingworldnews.com/kingworldnews/KWN_DailyWeb/Entries/2012/9/19_Embry_-_Were_Witnessing_A_Historic_%26_Frightening_End_Game.html

The End Game

http://www.scribd.com/doc/95493792/The-End-Game

End Game, by Peter Schiff

http://www.europac.net/global_investor_newsletter_june_2011#end