Global Wealth Distribution 2013

Cred­it Suisse have just released their lat­est Glob­al Wealth Data­book 2013

The most inter­est­ing point is this dia­gram rep­re­sent­ing Glob­al Wealth dis­tri­b­u­tion:

distribution of wealth around the world for 2013

Glob­al Wealth Pyra­mid 2013

If you have a net worth of over 1m USD then con­grat­u­la­tions — you have done extreme­ly well. You are in the top 0.7% of the Worlds Pop­u­la­tion. You lucky, lucky, lucky .… Stag­ger­ing. Con­verse­ly almost 70% of the world have less than 10k USD wealth.

Here’s an inter­est­ing quote from the report:

Apart from the rich lists, which cov­er a rel­a­tive­ly small num­ber of named indi­vid­u­als, there is a  scarci­ty of infor­ma­tion on wealth hold­ings above USD 1 mil­lion. Sur­vey details are patchy at best, and offi­cial sta­tis­tics based on tax returns are often inad­e­quate giv­en the com­plex­i­ty of  wealth own­er­ship arrange­ments.

Down­load a copy of the PDF report here — its inter­est­ing read­ing. And while you are there grab a copy of the Glob­al Wealth Report 2013 — it’s worth a skim too.

© Copy­right MMXIII RagingGoldenBull.com

Inflation — The Most Unjust of Taxes

The Romans were masters of debasing currency, or coinage as it was back then

Clipped Roman Sil­ver coins — Debase­ment alive and well long, long ago

Most peo­ple, myself includ­ed, have been sly­ly brought up to nev­er think about infla­tion as a form of direct gov­ern­ment tax­a­tion. But that is exact­ly what it is. Make no mis­take about that.

You see long ago (in days of olde, when Knights were bold), it became clear that once you start tax­ing peo­ple above the for­ties rate, at about 45% and above peo­ple start to squeal. The Kings, mon­archs, princes, and Dukes need­ed rev­enues to fund their mani­ac wars. It became clear that you just can’t keep notch­ing up the rate of tax­a­tion — much to the both­er­a­tion of the rul­ing class­es, as they would just revolt — and that was pret­ty bor­ing sit­u­a­tion to deal with.

I did­n’t take long for them to realise that all they had to do what debase the cur­ren­cy. A tech­ni­cal term for remov­ing some of the mon­ey from the mon­ey itself. Tech­ni­cal­ly it’s called steal­ing. If you tried this they would throw you in jail.

Back in the day a wedge would be cut out of the coins that were actu­al­ly made of gold, sil­ver and mix­es there­of. If the lord of the manor need­ed more mon­ey he would just legal­ly” debase the coin (cur­ren­cy of the day).

Back then it was bleed­in’ obvi­ous that some­one had hacked a chunk out of the gold coin. The more sly rulers would actu­al­ly replace the met­als with oth­ers.

Today, how­ev­er the con­trol lords have reached the ulti­mate form of debase­ment Nir­vana. This is why it can­not last. We are all total­ly blind to the debase­ment. There are two ways that are over­lords man­age this debase­ment:

  • Mon­ey Print­ing (so-called Quan­ti­ta­tive Eas­ing)
  • Frac­tion­al Reserve Bank­ing

so to con­clude — Infla­tion is used and manip­u­lat­ed by Gov­ern­ment to it’s own ends for at least half a mil­len­ni­um and that is a hard drug to give up.

We no longer have a sound eco­nom­ic finan­cial sys­tem — It has long been replaced by a dys­func­tion­al Ponzi Scheme.

Make ready your plans.

© Copy­right MMXIII RagingGoldenBull.com

Stop Thief!” — I am Being Robbed Blind!

We are surrounded by the Thievery Coporation - arm yourself with knowledge, a plan and take action now!

The Mas­ter Thief — But just who is it?

Most of humankind are being fleeced every­day and for the most part they are not even aware of it. Let me elab­o­rate if I may. In fact this has gone on for so long (longer than any­one alive can remem­ber), and so con­sis­tent­ly that peo­ple now think that this is nor­mal. How­ev­er, I am here to tell you — this is any­thing but.

Ques­tion: What was the price of an ounce of Gold in USD on May 1st 1933?

Answer: 20.67 USD/Ounce

Ok, so anoth­er ques­tion — just to make the point.

Ques­tion: What was the price of an ounce of Gold in USD on May 1st 2013?

Answer: 1,400 USD/Ounce (approx.)

So what’s the deal here?

The point is eas­i­er to under­stand if we invert the num­bers and take the rec­i­p­ro­cal (i.e.divide 1/[gold-price]). Refer to the fol­low­ing table:

Gold Price-Change Overview (1933 – 2013)

Gold Price-Change Overview (1933 – 2013)

Now it’s a bit clear­er to see what is going on. In 1933 one US Dol­lar would buy you 1/20th on an ounce of pure gold.

But if you try that today, you are only going to get 1/1400 on ounce of Gold.

Struth, I have been robbed! And you have been unless you took the time to buy a lit­tle Gold and/or Sil­ver.

Back in 1933 the US Dol­lar was real­ly pret­ty valu­able (com­pared to today at least!).

So just how do you think this grand theft took place? Have a pon­der and I will cov­er more next time. Till then, “Keep Stackin’ ” …

© Copy­right MMXIII RagingGoldenBull.com

Take Action — NOW!

This may be your last chance to get in on the Gold mar­ket. The prices are
com­ing down, and although they could drop as low as 1,000 USD/Oz it is most
unlike­ly.

Check out the one year chart here:

Gold gets hammered

Gold Char 1 year to date

If you are already in it could be seen as depress­ing — but on the oth­er
hand it is a great oppor­tu­ni­ty to stock up. So don’t delay, Buy Today!
Here we see Gold at almost a 30% dis­count from it’s peak. When it comes
back it will blast through the 1,800 bar­ri­er of old.

This is a long term game. This is not trad­ing, or a quick buck. This is
preser­va­tion of wealth and build­ing a future. You should be think­ing five
to ten years into the future from here.

What will you be doing and how well will you be liv­ing in 2018?

Think about that for a while and then “Take Action!”.

© Copy­right MMXIII RagingGoldenBull.com

Interesting Times …

The Chi­nese have an ancient curse which states:

May You Live in Inter­est­ing Times”

Well guess what? That’s exact­ly what you are doing right now, but maybe
you just haven’t noticed it. Or maybe you just accept it now as nor­mal.

Let me explain. We are liv­ing in the most unusu­al (read inter­est­ing) set
of finan­cial cir­cum­stances that this world have ever seen.

Maybe you have been so exposed to it and so famil­iar with it that you now
accept it as nor­mal. We no longer have a sound finan­cial sys­tem. It has
been replaced with the biggest Ponzi Scheme of all time. What is
con­sid­ered nor­mal or accept­able has shift­ed, slow­ly but sure­ly with the
pas­sage of time.

Cen­tral Bankers are to be blamed for all of these woes (ok TBTF banks
too). But con­tin­u­al­ly manip­u­lat­ing the sup­ply of mon­ey in their respec­tive
sys­tems, they have dilut­ed all our pre­cious mon­ey. so much so, that we are
near­ing the point of col­lapse, where it is just not cred­i­ble any­more.

Take some pre­cau­tions and make sure that you have at least 5 per­cent of
your net worth in some form of mate­r­i­al asset: Gold, Sil­ver, farm­land,
land, or some­thing. Of all Gold is prob­a­bly the eas­i­est to han­dle. That’s
why we rec­om­mend gold. It’s REAL MONEY!

So to recap. Don’t loose the faith and keep stackin’ …

© Copy­right MMXIII RagingGoldenBull.com

No Way Out for the Federal Reserve

No Way out for the Federal Reserve

No Way out for the Fed­er­al Reserve

There is no way-out of here for the Fed­er­al Reserve now.

After so much talk of taper (“Taper-Talk”) the Fed final­ly did­n’t fol­low-through. Why not? Because they can­not. That should be clear to any­one. There is not sur­prise here.

This is just talk. Schmoozing…Jive-talk…Rhetoric..Lies?

This is the clear­est sign yet that Bernanke’s poli­cies have failed. The roll­back deci­sion. He knows what’s com­ing and does not want to be around when it hits — and thus he is resign­ing (read — “get the hell out of Dodge!”) at end of year.

It is very, very, very sim­ple to under­stand:

  • Inter­est rates MUST stay low
  • If not the amount of bor­ing of US Gov­ern­ment will bank­rupt USA (it is already tech­ni­cal­ly bank­rupt)
  • So print mon­ey, buy bonds, keep rates low

There is a HUGE prob­lem with this approach — They will either want to stop or be made to stop some­time:

  • They will be made to stop by oth­er coun­tries aban­don­ing “incred­i­ble” US dol­lar (quite sim­ply no longer sound mon­ey)
  • They will want to stop to try to restore cred­i­bil­i­ty to the USD cur­ren­cy (not pos­si­ble when print­ing 85 Bil­lion USD per month — 1 Tril­lion USD per year)

When they stop (or the print­ing press is tak­en off them) the inter­est rates will rise.

The house of cards will fall.

© Copy­right MMXIII RagingGoldenBull.com