Authored by Matthew Piepenburg via VonGreyerz.gold,
Below, we look soberly at the historical case of gold in the backdrop of current headlines and a global financial system nearing an eruption moment.
Although the catalysts of oil, war, bond dysfunction, and bloated stocks may seem modern and unique, the current case for gold is as timeless and constant as nature itself.
In May of 1980, David Alexander Johnston, a volcanologist for the United States Geological Survey, was manning an observation post 10 kilometers from the percolating volcano of Mount St. Helens in the state of Washington.
On May 18th, he would be the first to report the volcano’s sudden eruption.
Within in minutes, however, Johnston would be killed by the volcano’s “lateral blasts.” his body was never recovered, and 56 others would also perish—along with 7,000 big game animals, 12 million fish, 200 homes, 300 kilometers of highway and 15 kilometers of railway.
Although monitoring volcanos may seem entirely removed from monitoring economic shocks, there are volcanic rumblings beneath our global oil, credit, equity and currency markets which are about to erupt.
Like Johnston, few realize just how quickly observation can suddenly turn to extreme danger.
In fact, the current “calm before the financial eruption” feels almost surreal when one compares the hard facts of the global oil, bond and Main Street indicators against a topping stock market and a completely indecipherable “conflict narrative” coming out of DC.
To make this “eruption announcement” economically clear and soberly real as opposed to just sensational, all we need is a moment of silence to consider simple math, the rhyming cadence of history and a modicum of realism (and common sense).
Source: ZeroHedge News
