Saturday, October 19, 2013

The Government Is Broke And They are Coming For Your Cash

The Government is agreeing on the debt ceiling. This does not fix the problem its a temporary fix. The Government is pushing the banks outside of the country to report the money in foreign accounts. Chase is no longer allowing wire transfers out of the country. The housing market is still declining and mortgage companies are laying off thousands of people. The next event will bring the world to its knees.

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Palladium: The Other Precious Metal Can Double Your Money Now

Peter Krauth writes: At times like this, gold and silver typically grab all the attention... and attract all the "safe" money. But there's another metal that could blast past both of these, virtually overnight.
At times like this, gold and silver typically grab all the attention... and attract all the "safe" money. But there's

That's because it has unique physical properties for which there is just no substitute - something its biggest consumers lose quite a bit of sleep over.

It's 15 times more rare than platinum... and 30 times more rare than gold.

And, as you'll see in the chart below, it hasn't been this attractive in 13 years.

We're looking at a 70% gain on this one - perhaps more - no matter how far Washington kicks the "debt can" down the road.  (more)

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James Dines: The Next Super-Major Bull Market

James Dines is one of the godfathers a technical analysis, the original gold bug, author of one of the real bibles of investment called "Mass Psychology", and he is a specialist in Super-Major Bull Markets. This is a word for word transcript of the interview Michael did with James that can be listened to HERE if you prefer
Michael Campbell: I'm talking with James Dines who is also the author of the book Gold Bug, a great book if you want to understand the gold market and the relationship with things like the central bank's printing of money. James also wrote Mass Psychology, a book I recommended it to my children, if they wanted to understand the market. They all have, I might add, bought copies and read that book.

Jim, let me just fire some questions at you as I want to make best use of this opportunity. Let's start with the positive market reaction to the extension of QE3 on Wednesday into Thursday. Then Friday it gave up most to the gains. What do you think are the consequences of the Federal Reserve's decision for the stock market short term and longer term? (more)

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9 Mind-Blowing Facts About Money

China Invented Every Form of Money

  • Seized gold six centuries before Franklin Roosevelt, in order to prop up its fiat currency and prevent runaway inflation

Debt Forgiveness Is The Basis for Modern Civilization

Religions were founded on the concept of debt forgiveness.
For example, Matthew 6:12 says:
And forgive us our debts, as we forgive our debtors.
Periodic times of debt forgiveness – or debt “jubilees” – were a basic part of the early Jewish and Christian religions, as well as Babylonian culture.
David Graeber, author of “Debt: The First 5,000 Years” told Democracy Now:
If you look at the history of world religions, of social movements what you find is for much of world history what is sacred is not debt, but the ability to make debt disappear to forgive it and that’s where concepts of redemption originally come from.  (more)
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The Secret 100,000 Tons Of Gold Found In The US, And The GOV’T Doesn't Want You To Know About It

While the carnival barkers put on a show in Washington one thing they won’t tell you is about the secret mine at Chocolate Mountain. The mine is said to have in excess of 100,000 tons of gold. When it was found the government immediatly turned it into a gunnery range where the gold sits right inside the fence. don’t let them give  you the BS we don’t have the money. Talking to someone in Government is like talking to a Professional liar. As a matter of fact the should not be called by names it should be liar #1 liar#2 liar#3 and do soon. So if you ever have anopportunity ask say why don’t you use the gold from chocolate mountain. I would bet they would say Gold? Well I din’t know anything about it.   Google it then go to road to roota

Fair Warning! What follows may scare the Dickens out of you gold bugs but will make silver bugs fall over themselves to swap even more of their gold for silver. Refresh yourself on the benefits of swapping gold for silver here:
The mainstream gold world wants you to believe that in the entire history of gold mining there has been just over 160,000 tons of gold mined from the ground. On top of that, with all our latest seismic and exploration technology, we have only found about 100,000 tons of underground gold reserves that could be economically mined in the future. That is what “they” want you to believe but…
Don’t get me wrong…I’m a gigantic gold buff but we need to understand the truth to ever reach a point where gold can take it’s rightful place in our corrupt monetary system. For the last 100 years a global effort has been orchestrated to obfuscate, distort, manipulate and confuse the majority of the world’s population as to the supply, demand and value proposition presented by gold. The Powers-That-Be within the USA and other Western Super Powers have been the main deceivers although they have been directed by the European Money Changers.
It is time to remove the veil behind the golden mysteries of the world so “We The People” can decide for ourselves how we wish to value gold in a market without veils.
There are two widely accepted gold statisticians that are followed religiously by the gold mining companies, central banks, governments and investment community:
Above Ground Gold: GFMS, Ltd. is the above ground gold market prognosticator and claims that the total amount of gold ever mined in the world is 160,000 tons (5.1B oz). Historically, this measure rises only as gold is pulled from the ground as reported by global gold mining companies around the world. Any “mystery gold” that suddenly appears on the market in ETF’s, on the LBMA, in the COMEX warehouses or in Government coffers is assumed to come from the unreported gold held by private individuals so that their historical figures never have to change. Adrian Douglas wrote an excellent analysis of what a sham organization GFMS is:
Below Ground Gold: The USGS tallies all the identified and unidentified underground gold reserves reported by governments and mining companies around the world. This figure totals 100,000 tons (3.2B oz) and at the current extraction rate all the remaining gold reserves will be depleted within 40 years.
There is very little 3rd party confirmation and clearly little investigation as to whether or not the historical numbers are correct. These USGS figures measure “publicly announced” gold deposits and never delve into hidden gold deposits that are scattered throughout the world…especially within the United States!
There are many secret above ground hoards of gold that the US and the banking establishments do not want the world to know about…and for good reason. Nobody should underestimate the importance of gold in the economic, political and global balance of power.
This September 11 Commission Report gives an excellent insiders view of what goes on in the gold conspiracy world. Pay special attention to Chapters 7 & 8 starting on page 151 for the Gold transactions related to September 11th.
Once you understand the role that gold plays in international espionage it won’t take much of a leap to believe that powerful people around the world want to keep the truth about gold a secret.
Probably the most famous secret gold stash is the “Nazi Gold” that was confiscated from Hitler after WW2. Hitler plundered many European nations of their gold as well as countless individuals. Nobody knows the actual figures but estimates are in the 2,000-50,000 ton range much of which has been used secretly by the military industrial complex and banking cabal to fund their dirty operations. Information and theories on what happened to the Nazi Gold can be found all over the internet…some sites present clearly fanciful theories but others are loaded with facts, figures and motives that are very believable.
Another golden stash of even greater volume is Yamashita’s Gold that was plundered by the Japanese for decades from conquered Asian countries. In order to hide the gold from the US it was hidden in caves in the Philippines but the US found the gold and it has been using it to fund covert operations ever since. This secret gold stash is claimed to be in the 100,000-300,000+ ton range but again nobody really knows. The Sterling and Peggy Seagrave book Gold Warriors gives a detailed account of this gigantic treasure. They also have mountains of documentation backing up their claims of the existence of this secret gold stash and the ramifications are stunning.
Listen closely to this interview with Sterling Seagrave and you will understand:
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U.S. Dollar To Decline Further

The U.S. dollar made its high for the year in July. Since then the greenback has cascaded lower, falling to an eight month low. Most of the selling pressure was due to the Federal Reserve's ongoing extremely accomodative and unprecedented monetary policies. However, there were several periods of temporary strength when various Federal Reserve officials hinted at a tapering of the Fed's quantitative easing program. The greenback quickly fell on news that the Federal Open Market Committee unexpectedly decided not to reduce their monetary stimulus at their September 17-18 meeting. The FOMC at the conclusion of the policy meeting said it needs to see more evidence that there is a sustained economic recovery before it can reduce the pace of its asset purchases. The Federal Reserve will continue to purchase a total of $85 billion of Treasuries and mortgage-backed securities every month.
U.S. Dollar Index Futures -
Weekly Continuation
Chart provided by APEX 
The unchanged monetary policy came as a surprise to the market since it was widely expected that the Fed would scale back their quantitative easing program at that meeting. A Bloomberg poll that was released just before the FOMC meeting showed economists thought the Federal Reserve would taper their monthly bond purchases by between $5 billion to $10 billion, or possibly even more.(more)

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How the Average Investor Can Beat Billion-Dollar Hedge Funds

When large countries go to war against countries that are many times smaller than them, it seems obvious that the larger nation would almost always win -- but that's not the case.

According to a study cited in Malcolm Gladwell's latest book David and Goliath, throughout all of the wars fought over the last 200 years, the weaker country has prevailed in nearly 30% of the conflicts. And if the weaker country chose to fight an unconventional war, its success rate shot up to 63.6%.

For the individual investor who thinks he's at a disadvantage to hedge funds and other institutional investors on Wall Street, this is an apt and powerful metaphor. And if you believe some of the world's most successful investors, there's truth to it as well.(more)

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The 5 Hidden Drivers That Will Slingshot Gold to $2,500

Gold is currently extremely out of favor. But anyone who cautions you to let go of your gold is missing an unfathomably huge capital undercurrent - one that's forming right now.

What we're seeing - and what I will show you today - is the unstoppable chain-reaction of conditions that's about to unfold in the gold market.

It's time to move on this. This capital wave could lead to the biggest sustained moneymaking opportunity of your lifetime, if you know exactly how to play it.

When the gold price tanked $200 over two days back in April, that was by far the most extreme drop in bullion prices in the 5,000-year history of gold as money. And even today, nobody can say for sure what caused it. (more)

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