Some interesting musings on the world and gold offered by J. R. Nyquist:
If modernity is the era in which man denies right and wrong (moral nihilism), the era in which man denies that truth is knowable (epistemological nihilism), the era in which man denies objective reality (metaphysical nihilism), then wouldn’t it follow that such an era would see the rejection of gold as money (financial nihilism)? For we, as a civilization, have gone down every one of these paths. And a disaster is now beginning to manifest itself.
Upon reflection it seems obvious that we can no more reject right or truth or reality than we can reject gold (which now stages a comeback). Clearly, our nihilism has backfired with such force (although delayed) that every attempt to defend the nihilistic creed merely intensifies a crisis of return; that is, a return to traditional value systems, which include quite naturally the gold standard. This crisis, I might add, is not a voluntary thing. It is being forced upon us by moral, epistemological, metaphysical and financial bankruptcy.
Whether this represents a buy or a sell on anything is up to you and your karma. I do believe Mr. Nyquist is correct in his assessment of the causes: “moral, epistemological, metaphysical and financial bankruptcy” as manifested through our institutions, most notably government and the banking system.
The growing entitlement mentality is also an outgrowth of his causes, made possible and respectable by government incentives.
Please God that we are spared political, economic, societal, and military collapse until a new Republican administration can execute sound policies to ensure order, to seek solvency, to seek unity in our nation, and to recognize our need to be humble and obedient to our Judeo-Christian God. We must pray in our own traditions for God’s mercy and help.
We need to elect a president and vice-president who seek the good and freedom of America, and not their own agenda to aggrandize power, fame, wealth, and statist ideologies . Presidents like Washington and Lincoln and the Roman hero Cincinnatus are paragons of unselfish service who relinquished power willingly. Who among our present Republican aspirants for the presidency could rule as well as the three citizen-rulers to achieve the following?:
restore the rule of law, build respect for religion in the public square, establish education that teaches our founding values and authentic history of our country, end the public school system that corrupts our youth and fails to educate, to reform and lower taxes permanently, eliminate most regulatory agencies and regulations that hobble free markets, regulate financial markets to prevent fraud, to secure our borders, to prevent voter fraud, deport those who seek the subversion and overthrow of America, to expand our military to enable deployments once every four years, establish respect for life, and appeal to the people and to their religious leaders to embrace in our hearts love for God and love for our neighbor.
Herman Cain, Michele Bachmann, and Rick Santorum have the virtues needed to rule with truth, goodness, prudence, temperance, justice, and fortitude. In my opinion, Herman Cain has all of those virtues and MANAGERIAL COMPETENCE. Bachmann and Santorum lack managerial and business experience. Cain’s experience as President of the Federal Reserve Bank of Kansas City can enable him to advocate, if he chooses to, limited purpose banking which will eliminate fractional reserve banking. (See the book JIMMY STEWART IS DEAD.) I hope he will also empanel experts to decide if the Federal Reserve should be terminated. The Fed has a terrible record since its creation for the drastic devaluation of the dollar and the mismanagement of business cycles.