Yesterday, many said I
published my greatest newsletter ever.
IRA & 401k
Theft Plotted by US Government
But many reported that the link to the Businessweek article from Jan 8th was
dead. I don't like it when Businessweek goes out of their way to make
me look like I'm inventing things, with no proof.
They moved their link, at the very inconvenient time of around 10pm West
coast time, which would have been around 1am eastern, 4 hours after I sent
out my article, but was 5 days after their original publication. Looks
like they did this in response to my report. They also changed the
I've read of many other bloggers complaining about this, but it's never
happened to me before.
Here's the new link:
They changed the title from:
"Americans Oppose initiatives limiting 401 k choices ici says
Retiree Annuities May Be Promoted by Obama Aides
Shocking. It's like 1984 the way they revise a historical article from
the 8th, on the evening of the 13th like that.
I suppose one way to "promote" the "conversions" is to
remove links, and change the titles when bloggers who disagree highlight the
theft that they are plotting.
And it looks like Businessweek just lost all credibility forever among anyone
who reads this.
In case they do it again, here are more links to the story, more links to the
theft of retirement accounts that they are plotting. They can't
possibly change them all, since many are on servers they don't control.
Some of these are forums that also complain about the link that moved.
I googled and it is all over, Here are just a few;
"By now, many of you may have read about a new Democratic proposal to
eliminate the tax incentives provided to 401(k) retirement plans, and replace
them with 'government-guaranteed' retirement accounts."
PIT BULL TALK
Military Photos Forum;
This Blue Marble Forum;
And it goes on and on like wildfire!!!
The problem is government. AND THE MEDIA!
The solution is silver, and gold. AND THE INTERNET!
Another "so-called" hero of silver investors is Bart Chilton of the
CFTC, the Commodity Futures Trading Commission, whose job is to prevent fraud
in the marketplace.
But the selling of unbacked silver futures contracts is fraud, and it takes
place all the time.
The BIS reported that the mark to market value of over the counter,
"other precious metals" (mostly all silver) derivatives went from
under $100 billion to over $200 billion in 6 months, as I reported here:
But the total value of all 600 million ounces of silver mined each year, at
$18/oz., is only $10.8 billion. So where did they find the new pile of
$90 billion worth of silver to sell, or nearly 8 years worth of world mine
supply? In other words, they didn't, it's all fraud. THE BIS
ADMITS SO, based on the math!
So, with that background, please understand my stance. The
"regulators" can do NOTHING to prevent the fraud. There is no
possible way to verify that people or corporations have the silver that they
say they plan to sell in the future, unless all new sales of futures
contracts are fully backed up by a 100% deposit of real silver now. But
that kind of defeats the point of futures, now does it not? In other
words, the ENTIRE CONCEPT OF FUTURES MARKETS IS ENTIRELY FRAUDULENT.
I have even written an article on that, explaining exactly why it is
impossible to regulate futures.
The U.S. Government can't stop Silver Fraud
(But you can!)
Silver Stock Report
by Jason Hommel, April 16th, 2009
You cannot regulate futures any more than you could effectively ban
debt. Even I engage in futures contracts, the only difference is
speed. I sell silver online, and my customers get silver in a few days,
To write legislation that would prevent futures selling, you'd effectively
have to ban all trading. This is why it's impossible to regulate.
The only way to "regulate" it is to educate people to the
fraud. No other way is possible.
The CFTC can do nothing, and will do nothing, especially when they are IN ON
THE SCAM. THE CFTC IS A PART OF THE PRESIDENT'S WORKING GROUP ON
FINANCIAL MARKETS, OR PART OF THE "PLUNGE PROTECTION TEAM".
Their goal is to specifically maniulate the value of the dollar higher, and
keep silver and gold down.
As proof, I have emails from "Bart Chilton" who some in this
industry feel might do something productive.
Again, there is no way to create "position limits" on shorts that
would be effective. JP Morgan, the big short, could easily set up
numerous offshore dummy corporations who could all short silver to keep the
massive short position in tact.
At least now we know it's JP Morgan who is the massive short. The
exposes the SLV as fraud, as JP Morgan is the silver custodian!
Here is the email exchange that led Bart Chilton to tell me to "F
It started off with a man who wrote to Bart, and me, saying why the CFTC will
His Reason? Gary Gensler spent 18 years at Goldman Sachs, a corporation
in on the gold manipulation scam.
I don't have time for that crap -- I'm trying to
make a difference. Please peddle it somewhere
Roger copied the email to me, and asked: "Hey Jason Are they maybe
feeling the pressure?"
I responded to Roger, and Bart Chilton of the CFTC:
> Position limits would have no influence, even if JP Morgan
> and silver were explicitly mentioned.
> Do you think they don't know how to set up, and fund, dummy
> corporations, as many as are needed, to continue the fraud,
> to hide their tracks? JP Morgan taught Enron how to do
> that. The only reason they are not doing so now is
> that most people are too stupid to notice, and too dumb to
> care, and they have already bribed or taken down all the
> officials who would interfere.
> Chilton is as effective as a burnt brick.
> But hey, I don't have a solution either; I would not stop
> them. I would only try to educate the public to the
> fraud that is going on.
> Chilton should at least do that, but, again, he is like
> dust in the wind, and useful only for blinding the foolish
> masses into thinking the government is "on it". I
> think he's even got GATA and Ted Butler fooled.
> Chilton has never written anything that remotely sounded
> intelligent to me.
> Jason Hommel
> Sorry I won't play your childish game. These are serious
> issues. Please don't email again.
I responded to Bart again:
Please don't be rude, don't close your ears, don't make yourself appear more
ignorant than you already do. Besides, you work for the public,
Besides, you don't want to risk me publishing your own childish responses to
my list of 80,000 silver investors, do you? After all, I don't consider
it a coincidence that your announcement today
CFTC considers gold and silver position limits
comes after my email to you last night.
After all, these are serious issues, and you should be more careful on who
I'm serious that I have much sympathy for you. After all, it is YOU who
the public expects will "do something" to correct the ongoing fraud
taking place under YOUR "watchful" eye, and it is YOU and men in
your office that the public will want to "hang" and have executed
when things go wrong in the world of finance.
They have done that before, in places like France,
where they invented the guillotine, remember, or do you not know your
I'm not making any threats, I'm trying to help you avoid that fate!
It is my job to help keep you alive, to help direct the public to helping to
understand that there is little you can do, that it is the fault of the
public that they are the ones who are guilty of trusting paper promises of
banks that should not be trusted in the first place.
To help keep yourself alive, you should follow my advice.
Expose the fraud taking place.
Explain why you cannot regulate.
Explain how and why they could easily jump over any hoops of regulations that
you put in place, by setting up dummy corporations to continue to short
excessive amounts of silver that no man could possibly keep up with it all,
or really know if they have the ability to back their short positions with
silver, as it's completely unauditable.
You should consider yourself fortunate that I'm your friend, and in great
sympathy for your predicament, and that I understand it as well as I
I understand you are damned if you do, damned if you don't.
I understand that the banks put tremendous pressure on men in your position.
I'm not your enemy, I'm your friend.
I cannot guarantee that I won't email you again, after all, people continue
to copy me the emails that they send to you!
You should have more respect for a man who can help you like I can.
Do you need men to pray for your protection? I know thousands of
righteous men who would gladly do just that.
says that the prayer of a righteous man can do a lot.
Bart finally emails me to say: "F off"
Here are the full email headers for proof to all who know how the internet
Re: CFTC impending whitewash
Thursday, January 14, 2010 4:45 PM
From Chilton, Bart Thu Jan 14 23:45:46 2010
X-Apparently-To: email@example.com via 184.108.40.206; Thu, 14 Jan 2010 15:45:47 -0800
Authentication-Results: mta1017.mail.ac4.yahoo.com from=CFTC.gov;
domainkeys=neutral (no sig); from=CFTC.gov; dkim=neutral (no sig)
Received: from 127.0.0.1 (EHLO cftcfw.cftc.gov) (220.127.116.11)
mta1017.mail.ac4.yahoo.com with SMTP; Thu, 14 Jan 2010 15:45:47 -0800
Received: from DC2KPEX.cftc.gov ([169.254.1.67]) by
([172.16.1.175]) with mapi; Thu, 14 Jan 2010 18:45:46 -0500
"Chilton, Bart" <BChilton@CFTC.gov>
Add sender to Contacts
To: "'firstname.lastname@example.org'" <email@example.com>
Date: Thu, 14 Jan 2010 18:45:46 -0500
Subject: Re: CFTC impending whitewash
Thread-Topic: CFTC impending whitewash
Content-Type: text/plain; charset="utf-8"
I'm only somewhat disappointed that he could not communicate in a rational
manner. But then again, I have no faith in him to begin with. I
publish this because it helps to expose these men who help to conceal the
fraud and continue to delay contemplating any "regulation" for
another two months, until March, but it also shows they are helpless in
the face of regulating the manipulation, and that may come as a surprise to
Roger finally wrote back to me:
It's pathetically hilarious! Gensler to investigate possible limits in
gold/silver in March, now . I thought that this was a part of the
agenda for today. Midas in Le Met was hailing this as a breakthrough-
Rubbish. Mr Chilton's fangs have finally come out. I think that you and
Adrian Douglas are spot on- it'll come down to massive shortfalls- the
physical will in the end write the script. CFTC are are stalling
massively: I wonder whether there'll come as USD devaluation in the interim
period. As I denoted in the email to you yesterday, they must be
feeling a fair bit of pressure. God's powerful light is scattering the
cockroaches. They're running in all directions, now. SEC and CFTC are
I for one feel pretty comfortable though. The impetus for me coming into the
silver market was you, my friend. I have physical and stocks in gold and
silver. I turned the whole thing over to God long ago. In His time.
Blessings and God's loving protection to you and your family.
In conclusion, while many said yesterday's email was my greatest ever, it
cause many people to lose faith in me, their now "former"
What, I don't believe in evolution?
What, I think there are questions about 911?
What, I think people who are too stupid to hold on to their money deserve to
Heresy! While I gained a few more devoted readers, 53 more left forever
and even said why. Pity. I suppose you just can't burst too many
cherished bubbles at once or people think you are crazy.
Guess what? I also don't drink flouridated water, and I think flouride
is a poison.
I also don't believe in vaccines! If they were effective, they
certainly would not need to force them on everyone.
I also didn't get a social security number for my little baby Jude.
And two of my own heroes lost a little luster today.
Two of my mentors, Bill Murphy and Ted Butler seem to have put faith in Bart
Chilton lately. Rubbish. Foolishness. How could
they?! Am I the only one that sees through this deception?
Clearly not. Not any longer.
Don't forget to register for the Phoenix show, while you still can!
ENTER PROMO CODE: SSR
I strongly advise you to get real
gold and silver, at anywhere near today's prices, while you still can.
Our Coin Shops are open 10AM to 5PM Pacific, Monday to Friday
100 oz. silver minimum, USA shipping, wire transfer only!
Janelle (530) 913 0553 firstname.lastname@example.org
JH MINT & Coin Shop, Grass Valley, CA
Rocklin Coin Shop,
CA, 15 min north of Sacramento
Or visit www.momsilvershop.com
(Mom will ship in
lots of more or less
than 100 ounces of silver, and overseas, and take credit cards or pay
I have 2 major resources on mining stocks to offer
First, look at www.miningpedia.com It is a FREE comprehensive database of mining
stocks. Anyone can update or enter data, it's like wikipedia.com.
Miningpedia has replaced the "silver stock report" in that it is
doing the legwork on individual stock analysis that I used to do
manually. This frees me up to do what I like best, which is to write
commentary. My commentary retains the name, "Silver Stock
Report", but for individual stocks, please see miningpedia.com.
Second, I offer a "look at my portfolio"
for $50/month; where I share a peek at which stocks I own, once a
month. You can log in at any time, repeatedly, and also see all my
Please visit Silver Stock
Report for specific