By Mike Johnson
Vegas has theft down to a science.
The lights, the sounds, the billion-dollar facilities and the chance to win millions, attracts a never-ending river of suckers.
But beneath it all, the stark reality is that mathematical algorithms rig the games to supply a predetermined profit to the mafioso carnies who oversee the games.
Individuals occasionally escape as winners, but overall, the house always skims a healthy bite.
The glitz that surrounds the scam is a massive illusion to make the theft look like legitimate entertainment.
Each morning, I log onto finance.yahoo.com to review the overnight financial numbers.
Like Vegas, their website is screaming with light, color, photos and attractions.
All of that is needed to make their theft look like a legitimate operation too.
Underneath it all, are the same mathematical algorithms guaranteeing profit to the carnies who oversee the “investments.”
With the slightest bit of perspective, the numbers are so obviously, ridiculously, falsified high, that only those lost in the distractions of the glitz stay in the game.
In the real world, if you buy an income property, the most you would ever pay is 20 times annual earnings.
This means it will take twenty years to earn back your investment.
Many properties can be bought for ten times annual earnings.
Smart investors search for these opportunities.
But in the stock market, prices of shares sell for hundreds and sometimes THOUSANDS of times annual earnings.
With the average human lifespan of 75 years, and the youngest investors aged about 25 years, why would anyone buy an “investment” that costs more than 50 times annual earnings?
Because they are not investing, they are gambling.
They are gambling that the earnings will greatly increase.
And these are the “investors” who have an ounce of awareness.
At least they know they're gambling.
But most “investors” just follow the herd.
They have no perspective of what the price SHOULD be, so they don't discern how crazy the purchase price IS.
New York Community Bancorp is selling for 355 times annual earnings.
Frontier Communications is selling for 323 times annual earnings.
GameStop is selling for 277 times annual earnings.
These ridiculously priced investments are in many peoples’ mutual fund retirement accounts.
This will not last.
Prices will suddenly plummet to their true value.
Millions will see their retirement accounts wiped out.
But worst of all, is the declining purchase power of the US dollar.
With the central banks keystroking trillions of new dollars from thin air, existing dollars are worth less and less.
REAL inflation is still running a good 12% per year (ShadowStats.com).
So EVERYTHING valued in dollars is actually melting in value by 12% per year.
If you are not earning at least 12% on your investments (and in salary increases), you are losing ground.
The melting of the dollar’s purchase power is revealed by the increase in the price of gold.
As the dollar melts, it takes more dollars to buy the same ounce of gold.
In 1971, gold cost $35 an ounce.
Today, it costs $2,700 per ounce on paper, but pushing $3,000 to get a physical ounce in your hand.
Glitz, illusion, embellishment and lies are the only things supporting the price of everyone’s investments.
It’s all a giant con.
The devils have taken everyone’s REAL money and replaced it with paper statements that promise more money in the future.
But illusion is not reality.
What can’t be paid, won’t be paid.
The smart money has cashed out and converted that cash to real goods, real income properties and real assets.
Things you can physically touch and hold and control without any third parties involved.
Everyone else has already been robbed.
They just don’t know it yet.
So the rest of us just shake our heads as we watch the full casinos and the rising stock prices.
It's amazing how brazen the devils have become at maintaining their fake reality.
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More:
American Consumer Is Bone-Dry Broke
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