-- Posted Wednesday, 14 March 2007 | Digg This Article
The Die is Cast
March 10, 2007
There is a great body of financial and geopolitical information available via the internet and some of the newsletter writers whom I follow. It can be difficult to keep up, especially with busy lifestyles.
Nevertheless we must press on trying to understand as best we can the issues facing this Country today and how we as free thinking pro active Americans can do our part to help preserve the Republic. Is the situation that dire? I think it is. At the end of the piece, there will be four words, a call to action that might ultimately assist you in protecting yourselves, your families, and your Country.
Now, in the event, you don’t have the time to read through this entire piece, what I’m trying to get across to you as one “Everyman” to another, is that The die is cast. In spite of all efforts to the contrary, the precious metals complex is not going to be stopped from moving substantially higher en masse—it may be somewhat delayed by the PPT (plunge protection team) much as it has been for the past seven to ten years, but this market is not to be denied.
Understand the reasons behind the drama; understand the orchestrations and the misinformation -- disinformation being channeled to you by the controlled press and certain business TV channels; but do not be put off by their efforts. The Die is Cast and the reasons for the eventual flight to safety vis a vis gold and silver have already occurred. All that is left for you—for me is not to be the last person out of the station. Another way of putting it is the horse is already out of the barn. Close the door.
The Power Elite has trained us well but not that well. Many believe that paper is just as good as gold. Ladies and Gentlemen, it is not. Nor are the ETFs which are just another paper vehicle used to exploit the masses. I know this may be contrary to popular thinking, even by the analysts whom I hold in esteem, but nevertheless I do have reasons for feeling this way.
I’ve not liked them from the beginning because I believe it’s a lose—lose situation. We lose if we “invest” in them because there will sit a giant horde of something of real value that the government is going to have a more viable reason to use than do you or I. It will probably have something to do with National Security.
Secondly, you lose because ultimately “they” will eventually be slipping in iou’s where the gold and silver should be. You’re better off digging a hole in the back yard and burying your valuables. Don’t put them in a safe deposit box because the power elite have seen fit to put in very fine print their right to confiscate the contents of your safe deposit box. There are any number of other safe places such as summer homes, boats, in-laws, and Tierra firma that will protect your savings. Just don’t forget where you’ve put them.
Regardless, before you buy your first gold or silver stock of any ilk, be certain you have at least some small amount of your assets in physical gold or silver. Ladies, that beautiful diamond necklace or gold bracelet does not count and the same idea goes for the gentlemen. Jewelry is not an investment.
Take the time and call Camino Company at 1.800.348.8001 and speak with George, Burt, Cathy, or any of the great people on staff. You will find them most helpful unless you request prognostications on the direction of metals prices. They ship all across the US and as I’ve mentioned before, Ron Paul, Congress person from Texas, is a partner in the business. In the case of Dr. Ron Paul, that is a plus. I receive nothing from the endorsement but by all means shop around! I wouldn’t worry about ten or twenty dollars but you’ll be shocked at the disparity in prices between some firms. You’re mama was right, “you’d better shop around!”
So begin somewhere! Your minimum cost for shipping will be about $15 US so buy at least $75 worth of silver dimes (“mercury” ones) if possible and stash them away. Seriously, get in the habit of doing something that will enhance your future while simultaneously helping your Country. Begin on the smallest of scales if necessary, but begin now!
Ms. Fitts, who is mentioned below, has also brought to our attention that she is more concerned with our IRA’s and our other retirement vehicles which she sees as possibly being confiscated by the government under the same general principals.
America is supposed to be a government by the people and for the people. It was never intended to be a government for 2% of the very wealthy and 8% of the kinda of wealthy, and the rest of the population was meant to support the will and the ideas of the power elite.
My next articles will be about junior mining companies that I believe have a very good possibility of helping you to become wealthy if you choose to buy them and then exercise patience. Remember that there is a supply demand deficit when it comes to gold and even the Senior Mining Companies are going to be looking to replenish their inventories. Where do they go? Well, they go to the “junior mining companies” because they are the companies on the front lines endeavoring to identify the new deposits.
That’s it! You’re done! The rest of it is simply clarifications. However, I do hope you take the time to read on.
KISS the Top Ten
I think the best thing to do is to utilize the old KISS principal. “Keep it Sweet and Simple.” Or “Keep it Simple and Straightforward”.
First of all, let’s identify several of the most important issues of the day:
1. Debt: At every level of our society, it is overwhelming, all encompassing, and dangerous—Individual, National, State, and Local. We have been backed into a corner. Our nation is really no longer master of its own destiny. When others hold so much debt, they also hold the strings; military might notwithstanding.
2. The US dollar: When it was taken off the gold standard, it was backed by its close connection to the oil trade, our manufacturing capacity, and our military. Now it is backed only by the military because manufacturing and oil procurement are going down the tubes because of the ill fated policies of our government over the last 25 years or so.
3. The very recent decline in the housing market and the impact that the sub-prime lenders will be having on it. The housing market is at the heart of this economy and the government knows it but has little latitude in defending it.
4. The overall US Economy: How accurate are the unemployment-productivity numbers being disseminated by the authorities? Not very.
a. The US is now a service oriented, credit based economy that most Americans do not understand. We live paycheck to paycheck and pray we don’t lose our jobs.
b. Meanwhile, the controller general is telling us that the Country is basically broke and the General Accounting Department is informing us that 4 Trillion Dollars has disappeared down a black hole—both in Iraq and at home. That’s four with a T, rhymes with Free (for someone), and that stands for Trouble!
c. Incidentally, four trillion dollars is half the stated US National Debt!
5. Inflation: A result of an increasing money supply; soon the elevating prices will exponentially increase. Be prepared.
6. The War in Iraq which an unaware and apathetic public was “sold” as a bad bill of goods. They now want disengagement realizing the financial and emotional drain on the country. The “politicos” are stuck as are the citizens. Anyone who stood against that war was branded unpatriotic. Is there a lesson to be learned here!? You bet there is!
7. The “oil card” is now effectively being taken out of American hands and put into the realm of other national governments thereby preempting the US from protecting one of its primary means of extending the international reserve currency status of the dollar.
8. A shift in Global Power from the West to the East; including the procurement of valuable commodities, gold, and oil.
9. Immigration and the “dumbing down” of America
a. Perhaps this is one of the most egregious of all actions allowed in the face of 9-11. We know bad guys are coming across the Southern Border along with the Mexicans simply seeking work.
b. However, Iraqi Nationals who have helped the US in the war, are left behind to face certain death because only 3000 are allowed immigration status into the US. Meanwhile millions of non-educated Mexicans, along with their marginal counterparts, are allowed to sneak into America every day. What is wrong with this picture other than the enormous strain it is putting on local economies that are already struggling to support their own schools, medical, and social programs with indigenous dollars?
10. A Congress in which neither side of the aisle is listening the American people. Both Republicans and Democrats receive campaign money from the same multinational corporations. Nothing will change until elected officials follow the will of the American People who elected them. Isn’t that what democracies are all about? Is that what happened after the most recent US election? I think not. The American people need to be told the truth. There should be “One Voice for Truth and Honesty”. In the simplest of forms it should be a quid pro quo: truth and honesty for power.
The Die Has been Cast
Again, the simplest thing I can say to you is the Die has been cast. Broken down into the lowest common denominators, we simply find too much debt backed by too little value and managed by a bureaucracy out of touch with reality. Heaven forbid another weapon of mass distraction such as a military conflict with Iran under the auspices of protecting Israel or keeping the US out of harms way. If there is any hint of a military confrontation let your congress people know exactly how you feel. Learn the Lesson! Unless it is a case of a 100% immediate National Emergency, lets keep our powder dry. Let us not allow another fiasco to occur. Need any more be said?
Don’t Forget the 2007 Gift to the Gold Community
If you are looking for opportunities in the precious metals complex, your timing could not be better.
As many of you know, I’ve put out an article titled “A 2007 Gift to the Gold Community”. I think it is the most important piece of work I’ve done and it can be found in my archives at www.goldseek.com.
It is important because it offers up some excellent avenues for acquiring information about the precious metals complex and the geopolitical environment that impacts them so dramatically. Less emphasis on my particular ideas and more information about the truly Herculean task that America—the real day to day, concrete, America of which we are all a part—faces in the near future. This information is delivered to you via some very patriotic and bright people.
By the same token, I wrote an extended article for CEO’s and investors in the Junior Mining Companies titled A Marketing and Promotional Strategies Guidebook for Junior Mining and Other Public Companies that was published December 1, 2006.
Catherine Austin Fitts
Perusing Bill Murphy’s site, www.lemetropolecafe.com, on March 9, 2007, I came across a link for Catherine Austin Fitts who had an integral role in the US government a while back and now finds herself at odds with that same government. Please “Google” her name for more information. While Bill Murphy has championed her cause, there are many who have been intrigued by the thinking of this very intelligent and articulate woman.
I feel compelled to list her accomplishments, and then leave it to your creative thinking, dear reader, to discover the real facts behind her ordeal with the Justice Department: Then, we should all endeavor to understand her concepts regarding community, finance, and our government.
Catherine is the founding director of Solari, Inc. She previously served as Managing Director and Member of the Board of Directors of the Wall Street investment bank, Dillon, Read & Co., Inc. She also served as Assistant Secretary of Housing/Federal Housing Commissioner at HUD in the first Bush Administration, and was the President and Founder of The Hamilton Securities Group, Inc., a broker-dealer/investment bank and software developer. Catherine has a BA from the University of Pennsylvania, an MBA from The Wharton School, and studied Chinese at the Chinese University of Hong Kong. Catherine publishes the column "Mapping the Real Deal" in Scoop Media in New Zealand and serves on the board of the Gold Anti-Trust Action Committee, GATA.org.
Solari.com is a web site where many of her ideas can be reviewed.
I believe most of us, including Ms. Fitts, would like to see a strong America that is operating under the fundamental principals upon which it was founded. Somewhere we’ve gone astray and we need real leadership as never before.
Might I suggest that it would be a great benefit to review a video link wherein Catherine Austin Fitts discusses how to “Navigate the Falling Dollar”.
http://video.google.com/videoplay?docid=2984480718427930625
Others willing “to Serve and Protect”
There are many coherent people who are only too willing to discuss ideas that will help you and your family through these upcoming turbulent times. I would ask that we all avail our selves of their insights.
I would be remiss if I did not once again mention Roger Wiegand (traderrog.com) as another source of insight. I am not mentioning Mr. Wiegand for his trading skill or his recommendations, but more for the “down home” wisdom of his thinking. We can thank Jay Taylor of Jay Taylor’s Gold and Technology Stocks newsletter for spotting talent and bringing it to our attention. You know, when one stops to consider the topic, “down home wisdom” is nothing more than common sense. Why is it that so many hard working middle class Americans have “it” and so many people in government have lost it? Did they ever really have it?
The answers to many of our questions are out there “blowing in the wind”; just like Bob Dylan said they would be. We have to sit still long enough to listen. We have to focus long enough to absorb the information and we have to be patient enough to allow this wisdom to percolate into our consciousness—and then most importantly, we have to act upon it in the best interests of our family, our local communities, and our Country.
Peter Spina, proprietor of www.goldseek.com, and a good friend, has brought together a group of very bright people that can help you if you wish to open “your channels” for the assistance. Along with Goldseek, he publishes or co-publishes two letters on the side: The Gold Forecaster and The Silver Forecaster. Both are well worth the cost. Both have helped me.
Seriously, where else can you find a web site that deals with not only the broader gold and silver topics and their implications for our Country and their ramifications for our future, but also allows investment ideas to be presented. Of course, you have to decide on a very personal level how to utilize all of this information. Read all of the Disclaimers!
Choices
We still have choices in this country. But we should not fool ourselves into believing that there are not those people who would have those choices minimized such as is evident in the Patriot Acts. Usually our choices are minimized by those telling us they will protect us from the harm. My worry is that more harm will be created by those doing the “protecting”.
One of the most important choices we will make is what kind of Country are we going to leave for future generations? There are people who are laying it all on the line for what they believe. Are you doing the same? Are you looking to share the critical information of which you are aware with just one other person?
Remember that those people who are laying it all on the line may not necessarily be in the same camp as you are. Neo-cons and Liberals are mutually exclusive categories. The idea is making certain that your point of view is understood by those you want to understand it.
If we do indeed create our own reality, then let’s be certain we create a reality that is a positive one and one that is truly understood by those in our “power path”.
Allow me to share with you lyrics to a song I wrote about ten years ago. The song is available complete with music. If you’re interested, Email me for details.
United We Will Stand
D. Stewart Armstrong
Copyright 1996
America, America—We’ve Never Loved You More.
Verse
From the time of Washington we’ve been a nation
Of men and women who where proud and strong
And though we’re many different kinds of people
We’ve built a country were we all belong
And the one great thing that we all have in common
Is the freedom to be who we want to be
To build a better life for our children
And the right to create our own destiny
Chorus
United We Will Stand
Together hand in hand in hand,
From every part of this land—we’ll work
To save the American Dream
United We Will Be
From sea to shining sea,
One Voice for Truth and Honesty
The Time to speak out is here…
Bridge
America the future is waiting
Do we have the will to make it right?
Fulfilling all the hope and promise
That has been our Guiding Light
United We Will Stand
Is our country united? America is a country of paradoxes and it always has been; even from the very first days of its existence when it had a violent birth. It is a country that was built on high ideals but forged through harsh violence at almost every step of the way. From the very beginning we not only fought the British in a bitterly contested conflict but the states fought each other for lands, leadership, and supremacy. Then we went on to appropriate lands from the Native Americans. What wasn’t bargained for in blankets and beads was taken by force, i.e., the right of Imminent Domain.
America has frequently solved its national problems with military might and with the philosophy that might makes right. Is it true that without the US military, the dollar takes a dramatic fall because we have in essence given away the store for a penny? In other words, the dollar used to be backed by gold and then after Nixon took it off the gold standard, it was supposedly backed by a strong economy, high ideals, and a strong military.
Now it would appear we have relatively little manufacturing and our dollar is faltering. For all practical purposes we have no real manufacturing capacity in this country, especially on a relative international basis. Does the international community still view and understand the ideals the country was founded upon or were those traded away for reelections and political favors?
Were the high ideals bartered away for the Federal Reserve in 1913. Has the country recovered or was that the beginning of the end? “The Creature from Jekyll Island” by G. Edward Griffin tells the story.
Scapegoats Galore
The other day there were a group of senior banking officials before a Congressional Subcommittee being grilled about the usurious rates of interest being charged average Americans on their credit cards? Interest rates in the 32% range. Just like the oil barons before them they all stood up and raised their right hands and said: “we too are appalled at this situation and will make haste to correct these injustices”. Tell that to the 40 million Americans paying those rates and being summarily punished with higher interest rates, penalties, and late charges collectively amounting in the hundreds of millions of dollars per year for any tiny infraction.
What I witnessed was an orchestrated play—a soap opera being played out before the American Public for the pure purpose of perpetuating the ruse.
In the event you did not know, this is basically the same Congress that gave these very same banking interests the right to do exactly what they were doing and not that long ago. They also made it more difficult for the average
American to claim bankruptcy even after a catastrophic medical emergency. To act surprised and shocked that Americas were being driven to the poor house on rates that exceeded what a loan shark would charge must have taken the acting expertise of Anthony Hopkins or Al Pacino.
Ruses, Bubbles, and Frauds
Today, America is all about these ruses, bubbles, and frauds. It always has been to some degree or another because that is what a supposedly free nation offers—choices. And from those choices always evolves a group who would exploit them. Frequently the path to those choices becomes littered with the skeletons of those who would tell the truth, and the torment of those who would simply take advantage of them at the expense of others. Banking interests are high on the list of might makes right.
Most of us are in the precious metals markets to make a buck and there is nothing wrong with that. However, it goes way beyond conceptual money at this point in time. It goes to the very foundation of whether this republic is going to survive. It goes to honest money, the definition of it, the creation of it, the perils of not recognizing the antithesis of it, and above all else, the recognition of what role gold plays in honest money. Gold and to some extent silver are the anchors to honest money. Take them out of the equation in this day and age and in this financial environment and what you have is an absolutely endless stream of zeros that end up being absolutely worthless. Those are our zeros, like it or not. And when the day of reckoning comes, and it will come, who do you suppose will be asked to take responsibility for those zeros?
Even Sheeple Can Unite.
The public for the most part are sheeple—myself included. We are too busy with our own lives and our well being to fight the system. After all, who wants to take the time to fight city hall. You lose—or do you? Can you at least make some impact? Bill Murphy and Chris Powell are two guys who just might have the answers to these types of questions. They are true unsung heroes, but in truth I don’t believe either gives a rat’s grass about that nomenclature. For or against, yea or nea, you give them A for effort, and a W for the wrinkles wrought by these last seven or eight years of GATA’s significant discoveries. And yet the main stream media for the most part chooses not to highlight their efforts. That tells me they are on to the truth. In this country there have always been those onto to truth—it is simply the rest of the sheeple don’t have the courage to get behind those who point it out.
The way to win this battle that GATA has so eloquently described is to be smarter than the average bear. First of all, “what is the battle”? Well, the battle lines are centered upon the utter debasement of our currency that has sunk to levels so low that every working stiff ends us with about 10% of the value of what they’ve spent their lives endeavoring to accumulate. How can that be you say?
The system is set up that way—inflation is built into the system. The system is set up so that the rich get richer and the poor, well lets just say that the middle class is shrinking. The system is set up so that the trillions of dollars of debt incurred will be repaid in currency that is worth substantially less than it was when it was borrowed.
I am not a Vladimir Putin fan by any stretch and I certainly don’t want to be a journalist in Russia these days. But Putin is smart like a fox. While the US is mired down in Iraq he is making hay, just like the Chinese are making hay—making hay is akin to making international deals for everything from arms to commodities. In the meantime they are exporting their oil and exploring for gold. Would I want to change places with anyone in Russia—nyet! Not on your very best ballets!
However, amidst all of this international turmoil, advertently or inadvertently, the US Middle Class is suffering and just like the song says, “we’ve only just begun”. In the process, the Russian Government is creating a solid middle class while ours is doing everything in its power to destroy the shrinking one in the US—you know; the one that pays the majority of taxes. Russia, India, China et al, all understand the benefits of a thriving Middle Class.
You don’t think US City Hall knows about this? You don’t think those banking interests so solemnly addressing Congress don’t know that their fractional reserve system works totally in their favor and against the Americans paying 22-33% annual interest? Who in their right minds would reverse that kind of a system after working so diligently for so many years to implement it in the first place?
The fractional reserve system basically allows the banks to loan out $1.00 for every dime they hold on deposit. And they can loan it out for “prevailing interest rates”. Our heroes, the bankers.
Congress threatens to legislate remedies that will “protect” the little guy from these heroes. Do you think they will? Do you really believe they will take immediate steps to “fix” these practices? How many of you are stuck in the realm of those high interest rates?
I hear it said time and again that most of us are simply one or two paychecks away from insolvency and if we have a medical emergency, we’re lucky if we’re not “out on the streets”. I apologize for the tenor of this discourse, but I’m not telling you anything you don’t already know.
Let’s extrapolate Newton’s laws of Motion and simply state that a life style once established is a very difficult thing to alter. Nevertheless, rip up the credit cards and abandon the ATM’s and their usurious fees.
I will end on a positive note. Purchase gold and gold assets now and your future will be a more positive one. If you don’t have the means to purchase gold, start with silver dimes—it is not too late to begin. In fact, the best lies ahead if we use the 1980’s for a comparative model.
A few additional places for top notch information and support are as follows:
Bill Buckler: www.the-privateer.com (geo-political but with a weekly gold service)
Bill Murphy: www.lemetropolecafe.com ; Chris Powell-Co Founder of GATA
Richard Russell: www.dowtheoryletters.com (financial, mentor, Dow Theory)
Jim Sinclair: www.jsmineset,com (gold and general geopolitical commentary)
James Turk: www.fgmr.com (gold commentary, ideas & www.goldmoney.com )
Remember, United We Will Stand—but you have to decide who the “we” is and what “united” actually means.
Do you want to make a difference? Do you want to be part of the solution and not part of the problem? Read the message of Catherine Austin Fitts, www.solari.com; write to your congress people and most importantly Buy physical Gold and Silver and then work on your other PM assets.
Remember those four magic words I mentioned at the top of this piece?
Buy Gold. Buy Silver.
One last rhetorical question:
America the future is waiting
Do we have the will to make it right?
Fulfilling all the hope and promise
That has been our Guiding Light
Until Next Time:
D. Stewart Armstrong
Consultant to the Junior Mining Sector.
Please add you name, address and Email address to our Email List and when the time is right, United We Will Stand.
Disclosure and Disclaimer by the Author: In the spirit of full disclosure, although D. Stewart Armstrong, Seacoast Consulting, and or Seacoast Publishing, are independent entities, they may be employed by this particular company, may own shares in this company, and this company may be an advertiser on GoldSeeek.com which is an internet site in which the author is consistently involved. Although the author is an independent analyst, he is also a paid consultant by the Junior Mining and Exploration Sector. The author is a private investor in the precious metals markets. He is not a board qualified or licensed investment advisor. All material is deemed to be accurate and to have been gleaned from reliable sources in a timely fashion; but said material cannot be construed as being totally complete or absolute. Consequently, the aforementioned parties can take no responsibility for any investment decisions you make or the results thereof. The author does not accept responsibility for any possible errors in calculations disseminated by any company he represents or in which he is involved, nor does he guarantee or insinuate any type of investment results. Consider any and all recommendations as personal opinions on the part of the author. It is highly recommended, and even insisted by the author, that investors, individuals, and all interested parties, conduct their own due diligence before becoming involved in any investment or with the interests of any company mentioned. That process would include direct contact with the company to confirm any facts, opinions, or ideas represented by these companies in general or on any Company CD’s distributed and referred to in these articles. The author would suggest the possibility of hiring professional advice from a certified investment advisor before making any investment transactions. Again, please consider these articles as opinions and please understand that investing in Junior Mining Companies is a high-risk, high reward proposition and you must take full responsibility for your own actions because there is always the possibility of losing all or a portion of your investment capital. This disclaimer applies to this article, Email correspondences, and all communications with both public and private entities. This disclaimer is applicable to all articles and communications published previously and to ones to be published in the future.
