Globalists Have Nothing Else to Cling To

In October 1989, the communist regime in East Germany replaced its leadership after demonstrations and riots weren’t handled and squashed by Erich Honecker, the long-time leader of East Germany, which caused the system to appear weak and out of control.

In order to throw a bone to the demonstrators who saw several revolutions happening all across Europe and because many were fleeing the Soviet bloc and going to the West, Egon Krenz, the new leader, sent a party bureaucrat to explain in a press conference that the regime would look into more applications of citizens looking to cross checkpoints to the West.

What untalented communicator Gunter Schabowski told the media at the very long press conference was that the communist leaders decided to allow people to cross the borders at all checkpoints from then on, effectively opening the gates, and a stunned silence filled the air.

The journalists were at a loss for words, so one of them, Daniel Johnson, asked Schabowski when this new policy would be instated, to which he replied like a deer in headlights with “immediately.”

This one mistake caused a chain of reactions that ultimately brought down the Berlin Wall and made the West believe that everyone would now want to be like them.

By the turn of the new millennia, with the events of 9/11 in NYC, the first real sign that not all people are inspired by Western values emerged. Then, in 2008, the West FAILED.

This was the turning point at which Russia went one way, China went another, and Middle Eastern and Persian Gulf countries accelerated in their own direction.

Deglobalization had started, but it was still in the womb. In the first few years after, the belly wasn’t even showing, yet the fetus was growing inside.

The belly started to show in 2011 when Obama made it clear that China was a threat. The baby of deglobalization was delivered when America went to vote and elected a fresh face in politics, Donald Trump, who was platforming to root out the established paradigm and “drain the swamp.”

The baby kept growing. It started with tariffs, then a lack of cooperation in dealing with a global pandemic, but the baby really started to teethe when Russia invaded Ukraine. The baby is now walking with Iran and Israel trading blows.

One of the hallmarks of hyper-globalization in the post-USSR era was the deflationary nature in the cost of commodities, goods, and services since China’s seemingly endless pool of urbanizing workers kept global salaries at around $1/day.

Moreover, Russia was supplying the world with plentiful energy, metals, and agricultural commodities while English-speaking Africans and Indians helped corporate America move many of its operations to countries with cheaper labor that were politically stable under the hyper-globalization umbrella.

One of the most vulnerable metals to this process of unwinding delicate and intricate supply chains is silver.

Because of the increased demand for it by the Chinese population that became disenchanted with housing as a means to store wealth after the collapse of Evergrande and many other developers of real estate along with the increased industrial demand for it in the United States because of the Inflation Reduction Act, silver stands at the gates of a major breakout to north of $35/ounce.

Best Regards,

Lior Gantz
President, WealthResearchGroup.com