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The REAL World Series of Poker is Going Down Right Now

smartknowledgeu's picture




 

The REAL World Series of Poker (WSOP) is a currency war with far greater implications and consequences for every human being on earth than the one that plays out in Las Vegas every year. We have been warning people about the global Central Bank currency wars for 6 years on our blog now. Check out these articles I wrote in 2006 that warned people to get out of stock markets and stop listening to commercial investment firms’ retail investor mantra of buy and hold and to buy precious metals like gold below:

 


"The Days of Buy and Hold are Over"

"Gold’s Speculative Stigma is Unwarranted"

 

When I wrote these articles six years ago, many people mocked my stance on precious metals, stating that gold had already more than doubled from $250 to $580 at the time and that it was in a huge bubble that was on the verge of collapse (by the way, sound familiar to the same Western banking shill propaganda occurring just a few months ago?). Many people even commented on my articles and videos and stated that while I would foolishly lose money by investing in physical gold and silver, they would be happy to listen to their financial advisers and make loads of money in the LSE, S&P 500 and the ASX200. Well since I’ve launched my flagship precious-metals based investment newsletter, the Crisis Investment Opportunities newsletter, on June 15, 2007, our newsletter has returned a cumulative yield of +193.66% as of October 31, 2012. And what about the buy and hold global stock market investors? In that same investment period, the US S&P 500 has returned -7.99%, the FTSE 100, -14.10% and the ASX200 -26.77%. And what about gold and silver indexes like the Philadelphia Gold & Silver Index? During that same investment period, the Philadelphia Gold & Silver Index returned +35.92%, crushing the performance of all major developed stock market indexes, but still greatly underperforming our investment newsletter. Why? Because even with gold and silver mining stocks, we exit and re-enter every year because banker raids of gold and silver dictate that we cannot just buy and hold. Buy and hold silver and gold mining stocks, and you would still have a not too shabby +35.92% yield over the last six years. But exit and strategically re-enter, and you end up with a +193.66% yield instead.

 

Since so few people today still understand that Central Banks are playing a massive World Series of Poker game right now that may forever negatively alter people's lives, I am still trying to write articles to warn people today:

 

"The Hunger Games: How Gold and Silver Will Save You From Soaring Food Prices"


"The Criminal Banking Cartel’s End Game: A 100% Digital Monetary System"

 

Obviously, our timing every year is not perfect as that is impossible. And yes, we did commit a key strategic mistake in 2008 that turned a strongly positive 20%+ yearly yield heading into Q4 2008 into a barely positive yield of only +3.21% at year-end in a year when all the major developed stock markets lost -30% to -40%. But one thing we have learned over the past decade is how to assess the fraud and manipulation in gold and silver markets much better since 2008. Since that time, we have not repeated the mistake we made that year. So yes, maybe we should be outperforming all the major stock market indexes by well over 300% now but we would like to believe that our very significant 200% plus outperformance of all the major commercial investment firm yields over this same time period is not too shabby. And what's to thank for this? Our resolute and unwavering belief in gold and silver and our understanding of the Western Central banks' currency wars.

 

Furthermore, not only are Central Banks engaging in this World Series of Poker, but the largest commercial investment firms in the world are currently engaging in the World Series of Poker using your money to do it. Some of the largest firms that tried to discredit the articles we wrote above in 2006 about gold and silver being the most solid assets one could own because it hurt their ability to sell their clients into the horrid and fraudulently rigged global developed stock markets are now writing pro-gold and pro-silver articles that are attempting to fool you a second time by selling you a false story that they are “on your side”. If you’re unsure of whether your firm is one you can trust or not, merely Google “(write in the firm's name here), gold, silver, 2006, 2007” and investigate what they were saying about gold and silver back then. If you find that they said nothing, then either they were saying nothing or have purged everything they said about gold and silver back then from the internet. Either result is a bad sign. If they said very negative things about gold and silver and now have flip-flopped about gold and silver, then they are merely trying to capitalize on the hard work of a few dozen to re-brand their financial services firm to be on the right side of PMs going forward (of course, we always have to credit GATA.org whenever we speak of the tireless efforts to expose the Western banking gold and silver rigging games, as they are truly the pioneers of doing so that pre-dated everyone). Believe it or not, I have actually seen some firms that used to ridicule my accusations that gold and silver futures markets were severely rigged, now espousing articles today that the gold and silver markets are likely rigged, as if they have been the ones trying to promote this truth for years!

 

However, check out my communications with CFTC Commissioner Bart Chilton four years ago when I sent him my research and concluded that the gold markets were being mercilessly rigged in the futures market to continue the Western banking ponzi scheme. Some of these Western banks that may still be involved in rigging gold and silver are now having their employees spout pro-gold and pro-silver messages for the first time ever recently and are only doing so to earn a buck from their clients while they have done NOTHING to try to stop the gold and silver manipulation. Ask yourself, do you really want to bank with a firm that flip-flops with ease just to chase the next dollar?


"JS Kim Uncovers Four Parallel Markets for Gold: Asia Futures, NY Futures, Physical Bullion, Physical Coins"

 

Finally, below, I discuss some of the truly relevant topics in the real World Series of Poker, such as physical PMs v. paper derivative PMs, the likely significant over-reporting of Western nations' physical gold reserves and the likely significant under-reporting of Asian and Middle Eastern nations' physical gold and silver reserves, the trouble the US is in by "leasing" their gold, the trouble other Western nations like Germany and Greece are in by not housing their gold domestically and much more in the video below. Fortunately, the actions of those trying to counter the insane Western banking cartel's attempt to bankrupt their citizenry will provide a huge stumbling block to the implementation of purely digital money. Still, this does not preclude the need to take action right now to preserve your wealth.

 

 

 

About the author: JS Kim is the Founder & Managing Director of SmartKnowledgeU, a fiercely, independent asset research & consulting firm with a focus on Gold & Silver. Follow us on twitter @smartknowledgeu. Mr. Kim's predictions about this global economic crisis since 2006 have been well documented and among the most accurate in the world. As a result of SmartKnowledgeU's accuracy in predicting the development of this ongoing monetary crisis, clients in more than 33 countries worldwide have sought out SmartKnowledgeU for guidance in the preservation and growth of their wealth.

 

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Mon, 11/12/2012 - 15:52 | 2973690 Tombstone
Tombstone's picture

I am afraid if I stockpile gold, the government is eventually gonna force me to give it up.  I guess I will stock up on spam instead.  It is at least somewhat edible and I am sure the socialists won't want to steal my stash. 

Mon, 11/12/2012 - 16:17 | 2973773 whotookmyalias
whotookmyalias's picture

All your spam is belong to us.

Mon, 11/12/2012 - 14:13 | 2973301 rlouis
rlouis's picture

What good is digital money when the power goes out?

Mon, 11/12/2012 - 14:01 | 2973257 LawsofPhysics
LawsofPhysics's picture

Speaking of gold, here comes the bernanke suppression, again...   ...show us the physical!

Mon, 11/12/2012 - 12:13 | 2972650 Lord Koos
Lord Koos's picture

Fuck this meme about 'the moochers".  The biggest moocher of all time in this country is the pentagon.

Mon, 11/12/2012 - 14:18 | 2973324 FeralSerf
FeralSerf's picture

FIRE is no slouch in the uber-mooching dept.

Mon, 11/12/2012 - 12:12 | 2972647 MrSteve
MrSteve's picture

we are not having a platinum-group crisis, we are having a money crisis which means gold, not expensive industrial metals are the preferred lifeboats. Any real asset will endure into the future but its value will be in relation to gold's.

Mon, 11/12/2012 - 11:28 | 2972449 rwe2late
rwe2late's picture

Mr. Kim may be spot on in recognizing the financial trends and (implicit) designs of the ruling elite (self-serving designs whether planned in secret conspiracies or public agreements made to protect an allegedly serendipitous confluence of elite interests).

And he may be correct that investors (certainly not most people) may play the PM market to advantage  - for a while.

But in the long run, even gold and silver cannot guarantee either freedom or security, or even a habitable world.

Through outright confiscation or prohibitive taxation or some other means, the ruling elite may still assert control, and continue destructive and oppressive policies.

The only happy circumstance for most everyone is to end the governance by a self-serving elite and the autocratic organizations that empower them.

Mon, 11/12/2012 - 11:01 | 2972336 tempo
tempo's picture

End game....marshall law, confiscation, re-education camps for those who resist. "Forward" toward the goal.

Mon, 11/12/2012 - 13:37 | 2973148 waviator
waviator's picture

And change "Forward" to "ForWar"

Mon, 11/12/2012 - 11:55 | 2972549 nofluer
nofluer's picture

marshall martial

Mon, 11/12/2012 - 10:39 | 2972271 Enslavethechild...
EnslavethechildrenforBen's picture

If everyone had the intelligence to comprehend this mans vidios then collectively we could put an end to all the insanity, war and (transfer of wealth) being perpetrated by the evil elite

Mon, 11/12/2012 - 10:03 | 2972172 orangegeek
orangegeek's picture

Another "gold pump" rant.  60% of world trade is in US Dollars.  The US has the military to back this.  Any questions?

Mon, 11/12/2012 - 15:50 | 2973683 SAT 800
SAT 800's picture

Yes, I have a question. Will you be pleased when you discover that the entire purchasing power of your retirement savings, denoted in "dollars", will be enough to buy a used pick-up truck? What part of "store of value" is it that you don't understand?

Mon, 11/12/2012 - 10:59 | 2972329 MachoMan
MachoMan's picture

Yes, what facts would lead to the decline and fall of dollar hegemony and when might this occur?

Mon, 11/12/2012 - 10:58 | 2972324 LawsofPhysics
LawsofPhysics's picture

"The US has the military to back this."

-----------------------------------

For now.  Can you say "fiscal cliff"?

Mon, 11/12/2012 - 10:19 | 2972202 Enslavethechild...
EnslavethechildrenforBen's picture

No, but I have a statement for you:

Not only are you dead ass wrong, but you're I.Q. is roughly one tenth that of the author

Mon, 11/12/2012 - 09:54 | 2972149 orangegeek
orangegeek's picture

The country with the biggest pile of gold is the country with the biggest guns.

 

Therefore the US has the biggest pile of gold.

Mon, 11/12/2012 - 09:14 | 2972037 Downtoolong
Downtoolong's picture

For me, there is nothing more telling of the failure of our monetary system than this simple fact:

There isn’t a single financial investment available which guarantees you can simply set your money aside and have its purchasing power preserved after inflation and taxes.

This is an obvious glaring fact today. Think about that. What more needs to be said? How much greater failure can there be in a monetary system than that? What more hypocrisy can you imagine from a government which forces this situation on its citizens and at the same time tells them they must take primary responsibility to save for their retirement?

How much interest by the investment community would there be in a financial product that did meet the simple condition of preservation of purchasing power? I bet it would be a lot. It would sure be interesting to try it on for size and see. Wouldn’t it be nice if the Fed and the government focused their attention on making that available, even in limited quantities, instead of spending all their time figuring out deceptive and manipulative ways to bail out the banks in the financial markets at everyone else’s expense?

 

Mon, 11/12/2012 - 16:01 | 2973719 SAT 800
SAT 800's picture

There;s already a product that meets the simple condition of preservation of purchasing power. Silver. Which is many times less likely to be a target of government-central intervention because it is not their playing field; When you hold Gold as your private savings; you're messing in their game. I can still buy a gallon of gas with the same quarter I could buy a gallon of gas with in 1960, when i got out of HIgh School. A 1960 quarter; which is made out of Silver. Is this not sufficient proof? The demonstration can be carried back for centuries. A little investigation will reveal that there are honest businesses that operated vaulting and storage and even marketing services for Silver Bullion. Many, many, millions of "dollars" worth of purchasing power are already so protected; and will remain protected. As for "investments" denoted in "dollars"; I'm willing to wish you the best of luck; but I will not be joining you.

Mon, 11/12/2012 - 13:54 | 2973232 buffettwanab
buffettwanab's picture

Well said, aside from Gold, Silver, Guns Bullets Spam,

I would like to hear what the group think is the best group of

investments to hold?

 

I think the bankers want to drive most currencies into the ground

and somehow have ours on top.

Mon, 11/12/2012 - 08:25 | 2971981 trichotil
trichotil's picture

dont go reggie middleton on us,

with all the time it takes to look at yootoob vids

i could have read an entire book.

stick with your solidly crafted prose.

Mon, 11/12/2012 - 10:11 | 2972181 Enslavethechild...
EnslavethechildrenforBen's picture

This the best video he has ever produced. Expect it to go viral in 24 hrs.

Mon, 11/12/2012 - 13:55 | 2973238 Fuh Querada
Fuh Querada's picture

sarcasm?

Mon, 11/12/2012 - 12:35 | 2972762 Joe moneybags
Joe moneybags's picture

Too long, and no funny animals or big tits.

Mon, 11/12/2012 - 08:18 | 2971972 Gringo Viejo
Gringo Viejo's picture

Need to bring Phil Ivey on board. He'll straighten their shit out.

Mon, 11/12/2012 - 08:06 | 2971962 Ghordius
Ghordius's picture

Poker? Cool game, love it. Nevertheless the others play the Great Game like chess, not poker.

Perhaps they are just bad at bluffing...

Mon, 11/12/2012 - 07:35 | 2971953 CaptainAmerica
CaptainAmerica's picture

Gold, Silver,Gold, Silver....

(flip a coin)

Guns, Bullets, Spam

(sure bet)

Mon, 11/12/2012 - 13:35 | 2973132 overbet
overbet's picture

Does anyone have any info on:

Converting your 401k into physical that you hold with no penalties? I have read you can create an LLC that your IRA owns and purchase PM that you hold with no penalties. Any info apprecated.

 

Home smelting? I seen this microwave smelter. Anyone try that?

Mon, 11/12/2012 - 13:45 | 2973199 waviator
waviator's picture

Good question. I don't know the answer but have considered a 401K loan to purchase PMs. Then pay it off with inflated fiat.

Mon, 11/12/2012 - 10:30 | 2972117 Enslavethechild...
EnslavethechildrenforBen's picture

Palladium is currently at 50% of it's all time high.

 You could make 100% on your investment in 6 months or 1 yr when it goes back up

Mon, 11/12/2012 - 16:11 | 2973754 SAT 800
SAT 800's picture

Palladium is a tiny illiquid market; that's routinely manipulated to a degree that would make a silver floor trader blush in shame; the mere mention of Palladium is a sure fire indication that you're dealing with a Kindergarten level trader.

Mon, 11/12/2012 - 16:08 | 2973740 SAT 800
SAT 800's picture

This is how losers think about speculative ventures; they allow themselves to be hypnotized by the "possible" profits. the five percent who make a profit every year are constantly looking for the market and the price that are most unlikely to lose them money; and then they use a stop loss order; in case they were wrong. If you avoid losses the profits will take care of themselves. Also, as someone once said, "major league ball is not about home runs".

Mon, 11/12/2012 - 11:32 | 2972469 FreedomCostsaBu...
FreedomCostsaBuck-o-Five's picture

Or lose 50% if it goes down further....

Do NOT follow this link or you will be banned from the site!