Black Gold

U.S. President Obama is running the printing presses. What else can he do? It’s not his fault. It’s not his fault? The real world isn’t in the mood for excuses, so the price of gold is soaring as the dollar evaporates.

In South Africa, Mandela believers are busy with corporate “Ethnic Cleansing”. They are “taking back” the means of production formerly owned by industrious white settlers.

South Africa has been the World’s leading gold producer, and Blacks are discovering that they know little about managing deep and dangerous underground mines. But reality is no deterrent, so mines will be raped and shut down one after another. It’s not Mandela’s fault that mine workings flood and self destruct without tender love and care.

South Africa changed forever with the election of President Nelson Mandela. The U.S. finally passed a similar gigantic tipping point with the election of President Obama. No road back.

There is no such thing as freedom undeserved. Freedom is hard won, and lost overnight once the cart gets out in front of the horse. The horse may be no better off than the cart, but if the two forget how to work together, both are doomed.

The price of gold is soaring as South African mines shut down and the U.S. dollar sinks toward obscurity. That’s African Economics. Black Gold....