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Many
deep dilemmas face investors of Gold & Silver. First and foremost we feel
an urgent need to defend ourselves against a crippled corrupted USDollar. The level of debilitation cannot be adequately
put in words, as it has lost perhaps 70% of its value just since 1980 when
the Jackass entered the workforce after years at the university. The USEconomy cannot be rebuilt or sustained on bond fraud,
debt auctions covered by the printing press, endless war, phony accounting,
outsourced industry, home equity extractions, rigged financial markets, constant deception on economic recovery, falsified economic
statistics, and pursuit of the next asset bubble. The end game is fast along,
gaining traction as much as public attention. The remedies put in place to
date have centered on additional currency debasement of all major currencies,
extension of sovereign debt when its burden is already at a staggering level.
The rescue of the bank assets, largely toxic from the bust in housing and
mortgage, has resulted is widespread redemption of nearly worthless bonds or
heavily impaired bonds. The consequence has been a rapid rise in the entire
cost structure to the global economy, without the benefit of rising incomes.
Solution to the USGovt debt limit, thereby averting
a big default disaster, will only enable further currency debasement with
renewed license, which reveals no solution exists to halt the fast rise in
the Gold price.
Response
has ranged from deep open anger to private indignation to violence on the
streets to consternation over homeowner plight to despair over lost jobs to
depression over depleted savings to a sense of doom. The common denominator
is a rising cost structure and powerful squeeze on business profits and
household discretionary spending. Smart bankers and executives to financial
firms are exercising their right to pursue survival by buying Gold &
Silver bullion, which has no counter-party risk, has no debt attachment. The
precious metals are pure assets, bonafide money in
a world of false paper money whose obverse is debt. Individuals should follow
their lead. The key to survival is Gold & Silver divorced from the USDollar and in my opinion separated from stock shares.
As the implosion gathers strength, all things tied to paper securities will
be damaged, while pure metal will soar in value in the greatest financial
panic the modern world has ever seen. The United States is Weimar America
gone global, gone viral. Nations must separate from the US system or go down
with it. Individuals must put aside all matters of conscience and focus on
survival, real value, and truth. The patriotic thing to do is to survive and
preserve wealth, period!
The
patriotism card is often played against precious metals investors, as though
handing over life savings to Goldman Sachs is the proper deed to show fealty.
The Soviets cleverly assumed the Russian identity in much the same way the
Neocons and Bankers and Military team have done with the American identity.
The level of corruption cannot be adequately put in words, as the bond fraud
has mixed with counterfeit along with money laundering from officially
sanctioned and protected syndicate enterprise. Since touching the Kabul
outskirts, a vertical integration has come to the contraband enterprise and
its sophistication. The individual investor has simple motives to make money,
but more so to protect against total ruin, home foreclosure, job loss, deep
erosion of life savings, inability to provide for the family, even becoming a
debt slave. The motive is to prepare for the inevitable implosion and work
toward survival. It became very apparent to the Jackass before the Hat Trick
Letter was launched in April 2004 that the USEconomy
and its financial foundation were heading toward a climactic death spiral,
the doorway to be entered fatefully by 2007 or 2008. The urgency for
protection of assets and way of life was immediately obvious.
Any
nation that endorses the dispatch and forfeiture of a large portion of its
industrial base to China for the expressed purpose of lowing its costs is
moronic at best and suicidal at worst, but the real story is laced with yet
more Wall Street intrigue. They leased the vast Chinese gold & silver
stockpiles, only to betray the Beijing bankers a couple years ago. The extent
of the betrayals, corruption, and privileged confiscation by Wall Street
firms since the Rubin fox entered the USDept Treasury
henhouse is astonishing. The greater shame is that 98% of Americans have no
idea what ransacking they did to Fort Knox, swiping its gold, even perhaps
swapping some for tungsten, which left the United States as a nation
vulnerable to systemic failure from the absent currency collateral, and
putting the nation on a path toward being an playtoy
object of the sprawling syndicate that wrested power from the nation before
any 911 event. A conference in Switzerland in the late 19-th century wrote
the script, but 2001 marked the day when a flag of a different color began to
fly over the USGovt and its many subservient
agencies.
The
gold investor must contend with internal personal patriotism issues, since
any investment placed against the USDollar carries
immediately clear implications. My father will not invest heavily in gold,
since he regards it as a position taken against the nation and its future.
The Jackass disagrees wholeheartedly, since the nation’s leaders are
not loyal either to the people or its national Constitution. Sadly, WWII
veterans are some of the easiest gullible parties to enlist for joining the
movement in loyal support of this war on terrorism. In my view, one need only
be a high school dropout to detect the falsity and contradictions of the
official 911 story. Check textbooks on gravity (pancake collapse versus freefall), chemistry (burning temperature of jet fuel
versus structural steel), debris (aircraft fragments versus clear Pentagram
lawn), and that other building (collapse without impact from sympathy). Those
who deny the plots begin with a conclusion and ignore basic contradictions
like nitwits. The false flag cover on the tired tattered official story is
slowly coming off, the ugly truth unmasked. The US suffered a coup d’etat led by the financial titans and the military
opportunists. Their motive is profit, dominance, and license to control life
in a far flung plan. They occasionally are interrupted like with the swine
flu spread through supposed vaccines. Their financial plot to tax the air we
breathe was also interrupted, another sham. Their control over the press and
free rein given to the key security agencies in what the Jackass calls the
Axis of Fascism have introduced a magnificent threat to the world itself that
will persist until perhaps the calling card USDollar
is retired and buried. Its axis center, in a 180-degree full twist, is the
United States, the United Kingdom, and a little nation that sits on the
Southern Mediterranean and looks northwest to Italy. The axis has taken
license to ply their espionage games without regard for law, property, or
life. What began as a beacon of freedom has turned into a global fascism
movement with alliances formed with bankers, defense contractors, news
magnates, and opportunist billionaires. The people all too often serve as
cannon fodder, not just Moslems, but Americans, British, and Western
Europeans.
The
ploys are dangerous and devious. The Libyan War served as cover for New York
and London bankers to seize $90 billion in Qaddafi assets. They call them
frozen, but they will never thaw. The Gulf of Mexico is another cover for a
future adventure. Matt Simmons died with help trying to reveal the role of
Halliburton and the geological roadmap. The latest is the attack on Norway,
whose leader foresaw with warnings. The same group from the Fascist Axis has
set their sights on the $1.5 trillion sovereign wealth fund accumulated by
Norway with their vast North Sea oil operations. The syndicate wants the
funds to join in supporting a financial system in the US & UK that is
fast imploding. The Libyan funds helped, but with the USTreasury
Bond black hole accelerating in its momentum and force, the needs have become
almost unlimited. The Greek Govt debt situation has
turned contagious, reaching Italy and if truth be known, threatening the
London banks. See the Credit Default Swap activity recently. The remaining
time is slim before a much wider implosion grows. The individual investor is
running out of time to protect the wealth saved in a lifetime of work, sweat,
and sacrifice. Gold & Silver are the best way. Investment funds tucked
away in bank certificates of deposit and in sponsored pension funds are the
next target. The syndicate will use FDIC insurance leverage to snatch the
bank CDs. They will use the tax deduction leverage to snatch the 401k and IRA
funds. Already just today, a Hat Trick Letter subscriber in Maryland reported
that a local bank has begun to refuse redemptions of $1000 USTreasury Bond certificates. Time is running out.
The
Max Keiser method of revolt is so simple. Each US citizen should purchase a
single silver coin. The effect of the millions of flapping butterfly wings
would bring down the JPMorgan pillars. Few heed the wisdom of the simple
plan. They have been inculcated with propaganda for so many years that they
do not comprehend precious metals at all. They do not even pay heed to the
Constitution which orders only gold & silver as money, valid to satisfy
debts public and private. If told to use salt or oregano as legal tender,
these sheep would surely comply but with perhaps at most a raised eyebrow.
The personal method of protection against a future darkened by syndicate
power and overshadowed by its assault on liberties is not laid out for all to
see and follow. The Gold & Silver solution is simple and clear. But many
internal dilemmas are presented.
The
people must take an oppositional position against the power elite and the
cancerous control wielded on the financial state. In doing so, they must at
times resist the feeling of a soldier of insurrection. They must embrace it
instead, but peacefully. Instead, consider imitating the model presented in
Concord Massachusetts by Henry David Thoreau. He engaged in civil
disobedience in a symbolic manner with at least an historical effectiveness.
Today hundreds of thousands of betrayed angry homeowners have decided to stop
making mortgage payments in defiance. They demand proof of bank-held property
title. They are winning in court rulings. The civil disobedience is spreading
quietly and powerfully, even without much aid from exposure by the intrepid
lapdog press. Investors in Gold & Silver must ignore the calls of
precious metals being a dead asset or the dishonor in taking a contrary
position to the business investment direction. The bigger betrayal has come
from corporate executive decisions. They invest in foreign workers. Take
Cisco Systems, which announced job cuts of 10,000 workers. But they lied to
the US press and investors. A private email came from one of their employees
to tell that a new strategy was adopted by Chambers at Cisco. To reduce
costs, they will open many more foreign facilities and expand jobs overseas.
He omitted that planned item in the news conferences. So investors should
seek precious metals instead, which has no corporate lying tongue, which has
no leased gold paper certificates, which has no insolvent banker
counter-party.
The
people must take an oppositional position against the deeply infected
financial markets and virus of false value of assets. In doing so, they must
take action in self-protection of assets for themselves and family before the
American Locomotive crashes into the abyss deep below. It has already hurtled
over the cliff with great momentum, unstoppable. The futility of the USGovt debt limit and budget debate should awaken the
people. But the masses all too often will expect another patch to be applied,
buying time, kicking the can down the road. The can has turned nuclear. The
road has turned into a cul de sac. The banking
system insolvency can be patched over by phony accounting, but the
inescapable fact is that the big US banks are all insolvent, dead zombie
entities. When in 2007 Citigroup extended its lifeless hand and used garbage
paper in their “C” stock shares to purchase little Cuzcaltan Bank, a profound effect hit me. They might have
had motive to intercede in narcotics fund movement in Central America,
competitive to the USGovt agency growing monopoly,
but they used worthless paper to acquire a foreign bank with headquarters north
of my new home in Costa Rica. It is one thing for JPMorgan to spread its own
cancer, allowing the metastasis to reach and grab Chemical Bank,
Manufacturers Hanover, and Bank One, but the practice extends into the full
American Hemisphere. As the cancer spreads, the investor must seek out Gold
& Silver and keep it outside the confines of the US borders. Not only
people will be trapped soon, but money also.
The
veritable comedy of the GLD and SLV exchanged traded funds continues to
unfold, as COMEX inventory declines match the ETFund
short positions in blatant obvious fashion. They are both being gutted by
their cartel custodians. The COMEX short contracts are being satisfied by ETFund shares right under the ignorant noses of fund
investors, too lazy to open a bullion account, too dumb to know the
difference. The Gold & Silver investors will rejoice when both funds are
dead, shut down, and the object of countless lawsuits. The actual metal
should be pursued, with full distrust and prejudice directed at both the big
US banks and the Wall Street masters. These funds are managed by gold cartel
banks. Enough said.
People
have lost the capability to comprehend what a $billion looks like, let alone
a $trillion. A stack of $1 bills one million high reaches the height of the
Empire State Building. A stack one billion high reaches the stratosphere. A
stack one trillion high extends almost halfway to the moon. But to better
realize the magnitude of the $13.4 trillion USGovt
debt, one third of which was derived from war adventure, consider the
following photo. Imagine other stacks of $100 bills in packets, then in grand
array of pallets, almost as high as the Statue of Liberty, bigger than either
a soccer field or a football field. The merchants of fear, propaganda, and
lies prefer to tell the people that all the gold bars in the world could fit
into two Olympic sized swimming pools. They actually believe such a depiction
stresses its insignificance. Rather it screams how low the gold price
currently is. All the world’s money in
circulation and supply could be backed by gold, even with a 2% cover clause,
if the gold price were adjusted to its true value of $10,000 per ounce. Their
argument stresses the extreme value of gold from its rarity. No limit exists
to printed money on papyrus fraudulent rooted reeds.
The
people must take an oppositional position against the power grab and asset
grab as the Fascist Business Model enters a late chapter of destruction. In
doing so, they must avoid a banking system that is insolvent from housing and
mortgage assets, that is confiscatory with home foreclosure practices, that
endorsed mortgage contract fraud in open manner, that is responsible for
massive bond fraud that sells vacant toxic paper in the securities market,
that is defensive in court rulings in a parade of negative decisions, that is
embarking on capital controls to limit the flight of money. Controls are
already in place to reduce bank wires to foreign locations, and to limit
withdrawals. Curiously, only the biggest US banks seem to have the most
stringent controls, probably because they are zombies struggling to walk. The
dependence of money laundering funds by the biggest US banks is now out in
the open. The United Nations team exposed the dependence. In late 2008, the
big US banks might have failed without the important infusion of narcotics
money, the UN report claimed. In a 2010 settlement case of money laundering, Wachovia
pleaded guilty but arranged to pay a fine in settlement. The details escaped
the financial press for its egregious ratios. Wachovia essentially paid a
fine of 1/30-th of one cent per dollar of laundered processed funds. The USDept Justice is clearly part of the syndicate influence
and curtain of control. The big US banks are attempting to limit the bond
fraud claims in the mortgage backed securities arena, without much success to
date. Another black eye came from JPMorgan foreclosing on homes owned by
active soldiers in the USMilitary. Bank of America
foreclosed on a homeowner in Florida without a mortgage or home loan at all.
Across many states, the leverage to take back a home under threat of
foreclosure lies in the MERS title database itself, since the courts have
ruled in at least five states that it has no legal standing. The investor
must seek out Gold & Silver in order to fend off the long arm of the
banks themselves, who often operate with impunity. The observers are still
looking for the first bond fraud prosecution of a Wall Street bank, along the
lines of the action taken against Arthur Anderson. What a patsy they were to
conceal the JPMorgan involvement at the center of the Enron scam.
The
people must take an oppositional position against the upcoming systemic
failure and implosion of the financial foundation. In doing so, they must
give up on the hope that the nation can right itself. The Too Big To Fail
nonsensical mantra is nothing but a loud call to avoid any solution at all,
to keep the power structure intact. A legitimate solution would begin with
liquidation of the big US banks. They are bankrupt. They are dead lending
vehicles. They have morphed into casinos with vast derivative participation
to sustain their time before ruin. The systemic insolvency includes the banks
as the starting point, but also the homeowners of whom 28% are underwater
insolvent on loans owing more than the home value. The lack of a sufficient
industrial base makes a recovery practically impossible. Why just this week,
the ISM data came out on reduced manufacturing activity, laced with higher
prices paid. The dullard analyst buzz was that it did not matter since the
nation produces so little. Exactly! But the message is the polar opposite. It
matters in totality since much of the recovery propaganda message relies upon
the export trade expansion. It aint happening. The
investor must seek out Gold & Silver in order to avoid being part of the
massive damage of the implosion underway. A national systemic failure is in progress.
The nation has gone over the cliff and cannot find its footing. The grotesque
systemic insolvency has spread, at least finally in recognition, to the USGovt finances. The press has done an adequate job in
dismissing the claims that a default or lost AAA credit rating would be no
big deal. The effect on the general population would be more than
significant, and motivate them to take to the streets like in Athens, Madrid,
and Paris.
The
people must take an oppositional position against the fear mongers and
operators of the propaganda billboards and loudspeakers. In doing so, they
must come to grips with a harsh reality. Of 20 defined signals, the United
States qualifies in 17 criteria as being a Third World nation. The details
smack the people in the face, from corrupted elections to vanishing middle
class, from erosion of infrastructure to constant military aggression, from
colossal bank fraud to syndicate control of the national money operations,
from fast rising price inflation to the dire need to re-industrialize the
economy, topped off by syndicated propaganda news media. The investor must
seek out Gold & Silver in order to avoid being a victim to the implosion
process. The United States of America was founded on principles of freedom
that should not be forgotten. All too often the leaders stoke the fires of
fear, and raise the call to hatred of the vilified in foreign lands of other
races and creeds. The investor must put aside the messages from the public
address systems, from the devices that shape public opinion, from the crowd
control devices, and invest in Gold & Silver. The patriotic act is to
protect oneself and enable the future to unfold on the other side of the
greatest asset transfer in modern history. A powerful Paradigm Shift is underway.
The power is shifting to the East. The momentum is moving away from fiat
paper money, that great license to defraud and to confiscate. The Great
American credit line is being yanked. The shift includes a movement
inevitably to a Gold Standard and gold-backed currencies.
The
people must take an oppositional position against the trend toward the ruin
of money itself and the crumbling of debt in climax. The Gold & Silver
investor does not hope for the ruin to continue and grow worse. But that
investor expects it, anticipates it, and must plan for it. The Jackass took
little pleasure from seeing numerous ruinous forecasts to come true in 2007
and 2008 and 2009 and 2010. But they happened as expected, knowing the asset
bubbles would bust inevitably. To be expected, the power centers would prefer
to fleece the national finances further, rather than to be prosecuted for
bond fraud. The objective nowadays within the power centers is to accelerate
the fraud, counterfeit, theft, and confiscation until the final days of the USDollar when it is laid to rest. They must seize and
grab all that is not nailed down. Unlike 1935, no possibility of gold
confiscation is likely. To attempt any such confiscation would unleash a
torrent of resistance, while it painted a global billboard that GOLD IS WORTH
TEN TIMES WHEN ITS CURRENT PRICE. Such a clumsy maneuver would spark a
tremendous foreign demand in all things gold that would blow the Anglo
bankers away. If truth be told, the private investor accounts of numerous
Wall Street executives contain ample gold & silver bullion. They
routinely over the last 15 to 20 years have taken the counter-party position
to the huge not so naked short futures contracts at the COMEX. Thanks to Jim
Sinclair who revealed this practice at the 2009 PDAC conference in Toronto.
He claimed they have large accounts within the Carlyle Group. So the people
should invest like the elite bankers do, in Gold & Silver bullion metal,
the ultimate money. It is the central bank reserve asset of last resort, the
currency to pay for individual retirement years at the last resort, the
ticket to avoid the homeless camp or the government sponsored camps for that
matter.
Jim Willie CB
Home
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Willie CB is the editor of the “HAT TRICK LETTER”
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