Friday, March 12, 2010

View from the watch tower.

More conservative-libertarian activists are warning of the dangerous role of Glenn Beck in subverting/deflecting the growing Freedom Movement. The latest, "The Beck Deception," spells out many of the intentional ploys Beck uses in the service of his masters. If you are one of those who still thinks Beck is on the side of freedom and revealing the whole truth about how we are being controlled, I urge you to study this article with an open mind. There is a long list of associated articles at the end.

Unfortunately in Oklahoma, one of our long-time conservative grassroots leaders has fallen for Beck hook, line and sinker. In uncharacteristic fashion, he recommends that his followers regularly watch Beck, without warning about the associated great dangers. He has had the dangers of Beck pointed out in great detail, without any public impact. I am both puzzled and disappointed.

Recently we've seen an orchestrated demonization of 9-11 truthers by MSM shills like Beck, Chris Matthews, O'Reily and others. With growing number of Americans (more than a third) questioning the official story, the Elite are starting to panic. Now these truth-seekers are being smeared as "possible violent terrorists."  If you are one of those who has let Beck malign the word "truth" by disparaging those who question the government's explanations of events and seek truth and calling them "truthers," you might find "A Guide to 9-11 Whistleblowers" helpful. (Ever wonder Beck and his ilk don't call them "9-11 Liars"?)

For anyone who cares and dares to look, the official 9-11 conspiracy theory is riddled with hundreds of lies, omissions and distortions. If you believe it, then you'll believe most anything the government tells you connected with their entire, sordid "war on terror" enterprise. See also, Sibel Edmonds revelation on The Traitors Among Us.

Why California is Doomed - an excellent analysis that applies to the entire country in one way or another. The US has been built on a sustained series of booms of fiat currency since the founding of the Federal Reserve in 1914. The Austrian School of Economics has shown conclusively that sooner or later it all comes to a very painful end. We are nearing the end. This great chart summarizes the destruction of the dollar.

If you're still waiting to buy gold to protect your savings, "What's More  Important: Price per Ounce or Ounces Owned?" will help you get un-stuck. Folks, if you understand the dollar is doomed, and you know you must eventually buy gold, but haven't yet -- it is imperative that you take the first step NOW. Breach the psychological barrier that keeps you stuck with the mainstream of Americans who are in denial. Take some action now so you know how to do it and develop some confidence. Try my trustworthy, preferred vendors. I get nothing from them to recommend them, but I've used them to buy and sell, with confidence.

US Taxpayers on the Hook for $5 Trillion of Mortgage Debt -- and you think the dollar will survive?

43% of US Workers Have Less than $10,000 in Savings -- Don't worry. The government will take care of them -- with what?

A trend to watch -- "Half of Kansas City Schools to Close."  As with California mentioned above, the fiat money booms have caused massive "malinvestments" that must be liquidated as the economy purges them through Depression. The KC schools are just a symptom of the widespread disease. Most state and municipal governments are also overextended in their budgets and commitments. The retrenchment will not be painless or pleasant.

Why is the US Dept. of Education making an emergency purchase of 27 combat shotguns?

Doomsday Seed Vault Has 1/2 Million Samples -- What do the Elite know that we don't?

Neocon Senators John McCain and Joe Lieberman have introduced a new bill giving the government even greater police state powers -- to fight "terrorism," of course. The "Enemy Belligerent, Interrogation, Detention, and Prosecution Act of 2010" is a pure erosion of the Bill of Rights. If you have never seen the movie, "V is for Vendetta," you must watch it to see how governments use terrorism to maintain and expand their power. Keeping with the spirit of the times, Senators Schumer and Graham are giving a new slant to "Your papers please," with their new bill for a national biometric ID card. I'm sure they'll be integrated with the new national medical database. Take that, Al-CIA-da!

Always remember that "the war on terror" has little to do with preventing foreign terrorists from committing violent acts against innocent US citizens. One of the major purposes is to institute a comprehensive control structure to spy on and dominate the American public. This is more difficult to comprehend if you still believe that the invasions of Afghanistan and Iraq were mere responses to unprovoked attacks by Al-CIA-da on 9-11.

The fact is that the total surveillance society has escalated dramatically at every level since 9-11. If Osama Bin Laden hated America because of its "freedom" prior to 9-11, then he has accomplished his goal. That freedom is long gone, and only those blind American patriots in denial don't know that.

Are We in a HAARP "Earthquake War"? -- the technology exists. Maybe we should think of every major earthquake first in terms of who has the motive, the means and the opportunity. Most people don't realize that Haiti is sitting on massive oil and gold reserves, as well as serving as a strategic entry point in the Caribbean.





Saturday, March 6, 2010

Now is the Time to Preserve Your Capital

In July of  2008, I was warning about the coming financial crisis. I linked to plenty of reasons why a "financial tsunami" was near, and how to protect oneself. I also told friends and family. As best I can tell, no one listened, nor did they give me any credit for making what was really an easy call. Since then, my forecast has been for more financial crisis, deepening depression and the ultimate collapse of the dollar.

As far as I know, none of my friends or family have made a purchase of physical gold. Some have played with ETFs and futures, but none has taken the step to move out of the risky structure of dollar-based investments into holding physical gold or silver.

I'm astounded at the blind faith Americans put in the ability of America to come through this crisis relatively unscathed, and particularly in the dogma that the US dollar is a safe place to park their life savings. While their view may be attributed to historical American optimism, I think it has more to do with intellectual laziness, fear of stepping out from the mainstream, and the massive mind control that few of them can begin to comprehend.

Nevertheless, more people are waking up as the "greatest financial crisis since the Great Depression" will soon become the greatest financial crisis in history." It will be world-wide.

The good news is that even for those who have put off protecting themselves, there is still have time to act. You can still protect what's left of your capital. All it takes is a little bit of courage to look reality square in the face and take actions that most of your friends have not. For most people of modest means that means buying and taking delivery of gold and silver coins.

"Paper gold", i.e,. ETF's (exchange traded funds) should never be considered a substitute for holding real, physical gold and silver. There is much speculation not only about the gold supposedly backing them up, but about possible counterfeit gold bars being held as security.

The reasoning is quite simple. As Voltaire said almost 250 years ago, paper (fiat) currencies always revert to their intrinsic value -- nothing. Not one paper currency has survived intact, without massive devaluation or hyperinflation. The US dollar has lost almost 96% of its purchasing power since the Federal Reserve was founded in 1914. The exponential increase of the money supply of the last 18 months sealed the dollar's fate.
 
The massive deficits incurred during the Bush and Obama administrations are escalating and will never be repaid. The unfunded liabilities for Social Security, Medicare and most pensions are even worse. The only way they will be paid off will be with nominal dollars created out of nothing.

Moreover, Congress is lustfully eying that last pool of untapped capital in the country: the private pension plans, 401-Ks and IRAs. All indications are that after an appropriate crisis or scandal, they will be nationalized and replaced with some kind of government annuity similar to Social Security. The government will spend the capital for current needs, replacing it with non-marketable IOUs while they "guarantee" our retirement. Guaranteed impoverishment is more like it. (I just recently cashed in over half my IRA's with the rest coming shortly.)

But don't take my word for it. Check out the vast collection of analysis provided below. Study, decide, and then act. Don't wait for the rest of the herd to wake up and tell you it is okay. And certainly don't wait for your financial adviser to tell you. Think about it. Once you take your money away from your adviser and buy precious metals for delivery, he won't make another nickel on you. So what is his incentive (besides integrity) to tell you leave conventional investments?


I've just posted an extensive list of articles designed to help you and your loved ones protect your capital from the coming devaluation and/or inflation of the US Dollar. All international currencies are depreciating in value against gold and silver.

You still have time to protect yourself. The prices of gold and silver won't go much lower in these currencies and has a virtual unlimited upside potential.

Gold was by far the best investment class of the first decade of new century, with the price going from around $300 to close to $1200. Gold is regaining its historical role as the international currency. If you had bought 4 of those coins you'd have $4800 worth today!

A 1 oz. gold coin you buy today will still contain 1 oz. of gold in 10, 20 or even 100 years. What do you think will be the purchasing power of the $1200 required to buy it in that same time period? Remember: it took $20 to buy that coin almost a hundred years ago. If your grandfather had spent $1200 on gold coins back then and stuck them in a safe, you'd have 60 of those coins today! That would be worth $72,000 in today's purchasing power (and that's not allowing anything for numismatic value!)

My two preferred vendors are Goldmasters and Franklin Sanders. There are many others out there. I don't recommend buying from anyone that spends a lot of money on television advertising. They have to build it into the price.


There's not a lot of commentary below. The articles speak for themselves.

Have courage!

The Road to Armageddon - Paul Craig Roberts

2010 - Preservation of Capital is the Highest Imperative - Marc Faber

The British Pound Could Collapse in Weeks - Jim Rogers

Massive Bank Failures are Coming - Banking Commission

Bonds, the Next Financial Slaughterhouse - John Galt

Gold Will Soon Be Restored as World's Currency - Jim Willie

China's Purchase of IMF Gold Begins Next Leg Up on Precious Metals Boom

Sky Rocketing Global Debt Makes Hard Assets a Safe Haven

Debt Dynamite Dominoes: The Coming Financial Catastrophe

The "Fourth Turning" Will Bring 21st Century Crisis

Liquidating the Empire - Pat Buchanan

Coup by Economic Elite Threatens Existence of Middle Class

How to Prepare for Global Debt Bomb Explosion

The Demise of the US, an American Tragedy

Fear DAVOS 2010 -- Into the Bomb Shelter

Higher Highs Coming in Gold

Silver's Most Important Price Point

Gold Analysis and Price Trends for 2010

Gold and the China Commodities Game-Changing Action

Gold, Pension Plans and IRA's

Connections Video

Bankruptcy of the US is Now Certain

Why Gold and Silver Are Important, and Often Manipulated

Gold: China's End Game?

Why Inflation Will Come

Why Gold Will Keep Going Up for Years

Gold's Price is Appreciating Against All Major Currencies - Barron's
"Gold isn't going up, currencies are going down," says James Turk. "The purchasing power of gold remains basically unchanged against commodities. In contrast, the purchasing power of national currencies is being constantly eroded."

The Coming Gold Shortage

More on the Coming Gold Shortage
Drawdowns of the metals from the exchanges is outpacing deposits. "
"Investors should make sure they own physical bullion and not a paper substitute. When the music stops, and it looks like it could be soon, paper promises will not be honored with bullion. When a shortage becomes obvious to investors the price of bullion will be multiples of its current price. But those holding paper promises will not benefit. At best they will be paid in fiat currency and probably after months or years of legal wrangles, and most likely at the price on the day of default, not at the price on the day of settlement. Why accept anything but physical bullion?"

The Mogambo Guru writes on the implications of the gold shortage - (Buy gold, silver and oil -- now!)

The Coming Obama Retirement Trap

401K/IRA Screw Job Coming?

America's Hidden Debt Bombs -- CNN Money

Gold: Greatest Currency Trade of the Millennium?

A Larger Financial Crisis is Inevitable -Non-partisan economists group

Panic at the Fed? Or Back to Normalcy? - Apparently the Fed is panicking to try to prop up the US bond market.


Veteran Investor Richard Russell Prefers Gold to Cash and Bonds










Thursday, March 4, 2010

Beck's Fruits

Glenn Beck accomplished his goal when Rick Perry won the GOP primary in Texas. Perry won 51% of the vote, Hutchinson came in second and Debra Medina finished third with 19%. Before the Beck hatchet job, Medina was catching on rising about 4-5 points a week in the polls. She was a 20% when Beck blind-sided her and never recovered.

The jury is no longer out on Beck. The proof is in the pudding as they say. Jesus said that we would know someone by the fruits of their actions. In this case, Beck's fruit is rotten. His intentional surprise attack on Medina was a critical blow to her campaign.

Anyone who loves liberty, the Constitution and is aware of the importance of establishing 10th Amendment rights and State Sovereignty as a primary protection against tyrannical federal government cannot at the same time hold Glenn Beck as a champion of our cause.

Alex Jones called a probable GOP Presidential slate for 2012 - Perry and Palin. It's a long time until then, but so far that sounds as plausible as anything else. Thus far it looks like undiscerning Tea Party folks will fall for it. Beck and Palin are taking their acts on the road, appearing together in Tulsa Friday night.

So far the conservative leader I wrote about in my last is totally unrepentant about his unqualified support of Beck, claiming he has no time do do the research, even when provided with the links.

Obama continues to disappoint. Now it appears that freedom of the internet will now die on his watch. How's that for "hope"?

Pat Buchanan lists recent reasons why the Global Warming scare is becoming known as the "Hoax of the Century." This will make no difference to the true believers who regard GW with religious belief or the Marxists who are using it to push their political agenda.

Crashing Toward a New World Social Order 2012?

Fortunately some of the sheeple on the Left are waking up about how bad Barky is:
Ralph Nader Was Right about Barack Obama

The Right agrees:
Obama the "Biggest Disaster in American History - move over Jimmy Carter

This weekend I'll be publishing a list of articles with all the information you need to protect your capital and retirement plan from destruction.