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Want to Smack Down the Criminal Global Banking Cartel? Here’s How to Use Gold & Silver to Do It
Want to participate in smacking down the criminal global banking cartel? Here’s how to do it. Sell the likely fraudulent SLV and GLD ETFs, cease participating in the fraudulent gold/silver futures markets, buy physical gold and silver, and buy gold/silver mining stocks. The good news is (1) This is a simple strategy; and (2) Buy wisely, and you will likely build significant wealth while participating in this strategy.
The fraudulent immoral monetary system that bankers have imposed upon the world that steals money from savers and creditors and transfers wealth to governments, debtors and bankers can only be perpetuated by the price control mechanisms bankers have instituted for gold and silver. Destroy these price control mechanisms and the fiat currency system will fail. And what happens if the fiat currency system fails? We all have a chance to institute an honest and equitable monetary system that promotes price stability and sustainable growth instead of struggling under a dishonest one that destroys these desirable socio-economic qualities.
The ability of bankers to suppress the price of gold and silver (yes, even the price of $1,800 gold and $40 silver is severely suppressed) is based upon their ability to sell the perception that a much greater supply of silver and gold exists than actually does. Over the past six years, I have publicly blogged dozens of times regarding the mechanisms bankers use to accomplish the suppression of gold and silver prices, including most recently in my article, “Why Gold and Silver Prices Will More than Double Again Even from Current Prices.”
A key weapon in the Central Bankers’ war to suppress gold and silver prices over the past decade has been the creation of paper gold and silver ounces that has little to no real physical backing. Current data provided by the CME regarding gold and silver futures contracts that trade on the COMEX reveal that about 100 times more paper gold ounces trade on this exchange every year than all the physical gold that exists in the world and somewhere around 160 times paper silver ounces trade every year than all the physical silver that exists in this world. By expanding the supply of paper ounces of gold and paper ounces of silver at the same time that real physical supply of gold and silver are shrinking, the bankers have been able to suppress the price of gold and silver from reaching its true free market prices for decades. The GLD and SLV very likely participate in this fraudulent scheme in helping to creating massive illusory supply of gold and silver that simply does not exist.
Thus if gold and silver are freed from the criminal global banking cartel’s scheme to suppress their prices, this will help all people in the world, even the Doubting Thomases, to recognize the fraud of our current fiat currency system. Under our current monetary system, a businessman will never be able to receive the same value for the money he receives for any goods and services rendered unless he immediately spends all of said money. The fact is, it is impossible for a businessman that holds fiat currency for services rendered for a duration of time any longer than a few months to then receive the equivalent value of that fiat currency when it was first received. This fact about our current monetary system is a massive disincentive for any businessman anywhere in the world to work harder as the reward of additional nominal amounts of money can never be equivalent to the effort put forth. Thus, our “modern” fiat currency system literally destroys any chance to achieve sustainable economic efficiency. If a businessman works harder to earn 17.65% more money than last year, but that 17.65% boost in the nominal amount of money only enables him to purchase the exact same goods and services as last year due to an annual 15% inflation rate ($117,647 * 85% = $100,000), at some point and time, the destruction of efficiency that our fiat currency system imposes upon all businesses will inevitably lead to business contraction instead of sustainable business growth.
So how do we fight back against this unjust and immoral fiat monetary system created by Central Bankers? Below are three simple steps we all can take.
(1) Stop enabling banker fraud and realign your interests with the interests of humanity. Yes that means if you are long the GLD and SLV, or rollover long gold and silver futures contracts without ever taking physical delivery, you are silently facilitating the banker war against humanity as you aid and abet them in creating an illusory supply of gold and silver that simply does not exist.
(2) Sell GLD and SLV shares and re-invest the proceeds of these sales into physical gold and physical silver and/or gold and silver mining shares.*
(3) Settle all long gold/silver futures contracts with physical delivery only and not in cash.
*Gold stocks are a great value right now as you can see in the below chart. So are silver stocks as well. (Even though my Crisis Investment Opportunities newsletter has returned roughly a cumulative +220% over the past four years, since I believe gold/silver mining stocks to be the most highly undervalued asset class in the entire stock market now, I honestly believe that we will shatter those returns in the next four years.) However, ever since introducing the GLD and SLV, bankers have successfully been able to steer money away from fundamentally solid gold and silver stocks into these likely fraudulent ETFs.
If just some of the $66 billion currently invested in the GLD and just some of the $12.6 billion currently invested in the SLV was liquidated and re-invested back into gold and silver stocks, bankers would lose much of their ability to manipulate gold/silver stocks. From now until the end of the year, I believe that gold/silver stocks are likely to significantly outperform the GLD and SLV. Thus, redirecting money out of the GLD and SLV and into stalwart gold and silver stocks is not only a moral decision, but likely a very smart investment decision as well.
Finally, if you are not long GLD, SLV, or gold/silver futures contracts, and are sick of bankers silently destroying your wealth with their insane monetary policies, do not fret. You can still help to smack down the criminal global banking cartel if you have any savings in dollars, Euros, Yen, Pounds, etc. Convert a small part of your savings every single week into physical silver and/or physical gold if you can afford it. The physical markets for gold and silver are very tight right now even though the bankers are trying to sell everyone the notion that physical supplies are abundant through their massive creation of fake amounts of paper gold and paper silver ounces. If enough people buy physical gold and physical silver, even very small amounts, eventually the spread between the prices of gold and silver in the real physical market and the spot prices set in the futures markets will become so huge that the price of gold and silver set in the futures markets will be rendered irrelevant.
So if you have ever wondered how we can fight back against the financial insanity that Central Bankers are attempting to impose upon us, implement the three steps above, and we’ll be off to a solid start.
About the author: In 2005, JS Kim walked away from the immorality of Wall Street to form his own fiercely independent investment research & consulting firm, SmartKnowledgeU. Freed from the deceit and massive restrictions of the commercial investment industry, JS has been guiding clients towards significant profitability ever since. Visit us at http://www.smartknowledgeu.com to learn more about how we can help you build wealth through troubling financial times and click here to Follow us on Twitter.
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Do you have any idea how violent a death crucifixation is? No one does that for something they don't believe in completely. No one. They gave up EVERYTHING. 11 out of the original twelve dudes who came after Jesus were brutally killed. The twelth died in jail. Those who followed were burned, cut apart, fed to lions, stoned, and every other manner of torture, all for something greater than themselves. Serving God, and loving their fellow man.
You really don't get how violently revolutionary a book the Bible is... Or just how opposed it is to this kind of madness and insanity we see in our leaders (and citizens) today.
That's perhaps the most ignorant bit of drivel I've read on this site - ever.
Perhaps you can tell us - Bitch Tits - how these rich "takers" who wrote the Bible convinced the Native americans that there was a God, how they convinced the Indians on the sub-continent that there was a God or any of the pther peoples across the globe that they never even knew existed that there was a God?
Seems to me that the belief in a supreme being, great spirit, etc is nearly universal and far exceeds the reach of the Judeo-Christian Bible.
As for your question it is highly likely that we would go to the tribal chief for relief from the cheating or that cheating wouldn't be seen as a wrong at all. And why ould it. You seem to believe that morals are decided by laws rather than the other way around.
And I see everyone here has missed my point entirely.
Fear of retaliation led to every "faith-based" belief system.
One of the current takers, a very wealthy conservative businessman active in Republican circles, once told me something: anyone can be bought and sold and anything will be believed if you repeat it often enough.
Most people are trusting innocents.
At the mercy of those who are not.
Gold/silver discussions on this board and many others frequently get hijacked; religion is one of the more powerful weapons of hijack........don't buy into it.
Gold and silver are anathema to these finance/wall st shills.
I didn't join ZH to discuss religion, but I simply must point out that your reply misses the mark entirely and renders all arguments moot. Titty man never said God didn't exist nor that spirituality was fake nor that Judeo Christians were the creator of either concept. He said that the BIBLE was written for the purpose of control and done so by MEN, not by the hand of God.
If you're going to debate in an intelligent forum, stick to the issue to make your case and you'll be better received and credited with the work.
You guys don't know shit about the history of the bible.
+1
I have never liked the ETF's, any of 'em. It's a trust/confidence thing. Over the last several years my trust in the markets have dwindled to Zero.
For me it's the real thing baby!
JMHO, this is the way it is going to play out.
After they crash the stock market, after oil goes to $200/bbl on instability in the Middle East and after people are starving and all small businesses are in an even tighter squeeze thn they are now, TPTB will crash gold and in fear, people will beg for a savior who will take care of them, bring peace and make everything "normal" again. We will get one world currency, a global banking empire enforced by the military and all we will need to give up is the last vestiges of our freedom.
They are only allowing gold to appear to be a safe have now. But that rug too will be removed at the worst possible time.
TPTB have several goals, and you are correct that they intend to capitalize on this chaos and come out with even more power, however it may work out a little different than you expressed.
They have been buying up most of the gold. To become solvent, all they have to do is move us to a gold based system "backed by gold" or some other drivil. That makes gold the measuring stick by which all other value is measured. Then they ramp the value of that gold and they are instantly solvent. At this point, they have created an incredible amount of inherent inflation in the gold in their vaults, and real inflation in the gold held by everyone else.
At this point, TPTB are safe and back in control under the new system. If they dumped that gold to crash gold prices, it would put society in turmoil and threaten their control once again. They will slowly put that gold into the market.
They control the measuring stick, the price of gold. When they double its price, it means the value of everything else is halved. They can't dump that kind of inflation into the economy and has it survive. Their modus operandi is to slowly boil the frog, stealing your wealth through inflation. They will set up a system based on these methods. There won't be a crash in gold prices. There are trillions and trillions out there that have to be backed by something, and you can't do it with $300 gold. You can do it with $60k gold, which is probably the best argument for confiscation that I can think of because enough $60k gold floating around in the world economy could create havoc. Prices have to be high enough to make the banks and governments solvent, but not so high as to destroy the economy.
Well, I took another 1,000oz of silver out of their hands yesterday, and more important from my previous buys, it was a group buy for a neighbor, relative and myself.
You are simply trying to turn pretty paper into shiny metal. What's the point? I mean, really. What is the point?
Think again.
I don't think I can remember any post as silly as this on ZH. Are you a banker or a cretin? Not that one can't be another! I am just hoping you can fix your self imposed ignorance.
I can recall much more elaborate trolling -- went on for pages. This is amateur hour.
Preservation of everything I've worked to earn in my life?
Preserving a means to assist my family and loved ones?
Physical survival in a harsh, and soon to be lethal world?
It is completely immoral to not care for yourself or your family. It is just plain immoral. So you can spare me the morality play about greed.
Well, either:
a) that shiny metal is worth almost TWICE what you would have paid for it a year earlier
or
b) the paper $ you use to buy it are worth HALF of what they were a year earlier
Over the course of histgory that shiny metal has always been worth SOMETHING to others who will take it in exchange for food, clothing or other things of value.
History is also full of examples where government 'promises to pay' printed on pieces of paper have bought less and less and ended up being worth NOTHING. NO paper 'money' has EVER retained its purchasing power over the course of time. ALL governments eventually find a way to expand the supply. (If allowed, in the case of precious metal coinage, they often will debase the coinage by cutting the value of the gold or silver in the coins.)
Over the course of mylife - a mere half century I have seen the price of a chocolate bar go from 10 cents to a dollar, a house go from $50,000 to $500,000, a car from $1000 to $35000 - the examples are endless and the prices increasing at an ever rapid rate (or the value of my paper money DECREASING at an ever rapid rate - depends on your perspective).
But the silver quarter that bought a gallon of gas in my youth will STILL buy me a gallon of gas today (It's actually 'worth' $7.62 today for its silver value). This despite LBJ's assertion that debasing coinage - removing the silver - would have NO EFFECT oin its value...... (The US Constitution defines debasement of coinage as a capital offense but it also prohibited the issuance of paper curency). And Nixon's disavowal of Bretton Woods and delinking the $US from gold would not hurt its value........
so.... a paper 'promise to pay' from a government thaat has routinely broken promises - or a piece of shiny metal that people have used as a 'store of value'?
At the moment, the 'barbarous relics' of gold and silver are looking pretty good in comparison.
Thank you for your thoughtful reply, Cynical. I wasn't being a smart ass, I am genuinely interested in why people believe a piece of metal will protect their interests more than a piece of paper.
I may be naive, but I fail to see where either will protect anyone from what is outside most individuals' control or sway, anyway.
If money can be debased, the value of gold can be debased, and if the value of gold can be debased . . . well, you see where I'm going with this.
There doesn't appear to be any safe place to put your money. Not gold, cash, land, art, jewelry, anything. "The market" determines those things, right? "Demand" determines those things, right? And the right propaganda (repeat something enough and everyone wlll believe it is true) determines those things.
"Value" is subjective.
Tomorrow, seeds may hold the only value in society. And the day after that, who knows?
Don't bother arguing with Bitchtits. The name alone and the stupidity of the comment tells me he is either a paid gold troll or a philosophical (and immature) kid parroting what he has been told about materialism.
Why Smiddy, I had no idea you knew me so well. I'm flattered that I have such an outspoken - and surely knowledgable - follower.
Ahem.
+ (currently) 1855
If you want to end this fiat system you have to:
1. Expropriate the Rothschild family
2. Expropriate the Rockefeller family
3. Put both in jail for life.
They stole trillions !
fuck it, with leverage every $1 you take out the banking system you destroy $5 of their markets.
time to start a bank run into gold silver, platinum what eva you can afford. \no fucken week hands this time.
The game of kicking the can and central banks slowly acquiring gold has gone on long enough for them to hit the reset switch and put us on another monetary system where they are at last solvent.
They are playing for time, because they want all the cheap gold they can get, but they probably already have enough to survive this, so it is too late to get rid of the conspirators. They will continue to sit atop the world economic systems and steal from us at will.
What about PSLV?
I can tell you that Eric Sprott is one of the few honest players out there. You can do all the research you care to and you won't find a bad word about him. When you compare the Sprott prospectus to the SLV and GLD prospectus it becomes obvious where to put your money. One thing for Canadians to be aware of is that the Sprott trusts convert to US$ on purchase and again on sale so you get beat for at least 4% of the transaction amount, which could easily mean nmost or all of your profits. A similar and equally reputeable trust is the Central Fund of Canada (CEF) and their Silver Bullion Trust (SBT.U).
1. Counterparty risk that Sprott goes under: Not going to happen.
2. Confiscation of bullion by Canada: Doubt it
3. Confiscation by USA: Doubt it
4. Confiscation through windfall profits tax by USA: Very possible, you naughty speculator.
You can track my comments about confiscation, however the Cliff Note version goes as follows:
When I say I doubt confiscation will happen, I am a lot more confident that they won't take it from you as an individual than I am that they won't take it from Sprott when his bullion is already in their vaults. It is not a very big jump in logic to assert that gold held by a fund today approximates the relationship the public had with their local bank back in the 1930s. Unless you possess it, it is at risk. If the central banks have all the gold they need to become solvent at the price target they have in mind, then they won't need to take your gold. If they don't, and they have to switch us to a gold standard before they are ready, watch out.
SmiddyWesson,
One point I agree 100% with.
ALL the Bullion Funds that HOLD pysical( DO not own the vaults they store the metals people buy.)
Their in private Commercial vaults, and Brinks, etc,etc........
These are the ones that will get nailed first.Sprott is a very intelligent brear, and I am sure his ass is covered, as folks like Sinclair, and Turk, etc,etc are..........
They are following with their PERSONAL metals, the General George W. Patton School of Warfare model,my money say's.
"Fixed battle emplacements are the monuments to the stupidity of Man."
And if one is smart, you will not think YOURS is safe in these investement groups,their not.
You think they will not cough up your wealth, ( when the Jack Boots arrive) to save their ass?,dream on.
YOU buy and hold, if you cannot touch it, you do not own it.
Well written sir. This is presicely why the great fiat unwind will take severl more years. It really has become a race against time as the laws of physics and Nature are still functioning (despite what any political shill says). All hell breaks loose when enough people are being told "all is well" as they starve to death. I do believe you point out the central bankers true intentions, but once again they have underestimated Nature. Oh yeah, unlike the case in Europe, they also forgot to disarm the American public.
In the 1930's there was no FDIC. Banks were failing - all the time. People took their money OUT of banks and literally buried it in mason jars in the backyard.
A real shortage of actual currency in circulation developed. Hard to conduct commerce without some 'medium of exchange' (e.g. 'money')
BUT you couldn't simply 'print more money' - the $US was fractionally backed by gold - by law. To print more money you needed more gold. Hence confiscation - AND a 'revaluation' of gold which also served to expand the value of gold reserves - allowing more money (currency) to be created.
NOW you can create trillions of dollars by a few computer keystrokes - only problem is that as you increase teh supply, the value of each $ goes down. If you don;t create a corresponding increase in 'value' in the economy, more money only means a lower value (inflation).
As usual though, the problem is spending. The government wouldn't have to inflate currency or confiscate real money if it was not spending out of control. Stop the spending, and government revenue is no longer a problem.
I agree that they won't put their heads back in the noose where they need more physical gold to print. There will be an out. Still, when we switch to a "gold standard" the paper will have to be backed by something. They will have to ramp the value of the gold held in their vaults to do so, and given the trillions of dollars that need to be backed, that is going to be some price increase.
Yes, the destruction of real captial and wealth continues via its mis-allocation.
and therein lies the real problem, when people give responsibility away to another person or institution and the counterparty mis-uses and/or abuses that responsibility. this would be solved if/when people were able/willing to take responsibility for their livelihood, rather than handing that entire livelihood over to someone else, especially a fictional entity.
sounds great until they outlaw ownership. Which they will do anytime they feel they need to.
The people who run this world wide imaginary show won't go quietly into the night.
The same was said of those running the former Soviet Union. Never the less, they went quietly into the night.
At some point TPTB will realize that there is little left of the current system to save... and, it will become 'in their best interest' to try to gain leadership positions on the 'new' bandwagon.
Every day that PMs soar, equities tumble and 10 year Ts pay less than 2% in a world of ~ +5% inflation more people are becoming aware of the impossibility of accumulating any savings or structuring a business for success.
All fiat systems collapse and most don't last as long as the unbacked dollar.
What is different this time is the collapse of the world financial system based on the dollar, an unbacked currency. We are in for a wild ride and it has begun.
Gorbatchev was replaced by Eltsine who was quickly replaced by KGB agents who are still running the show in Sovietland. They did not go quietly into the night over there, and the USSA transition might go even worst.
at least they've got a flat tax!
Cheers,
Beef
you mean the Pentagon/CIA/Multinationals don't already run this place?
Who wants to bet we "pull the troops out" dec 2012 as promised
+1 ... You understand ... billions don't.
The People still have all the real power. Only they can decide what they will accept as money. Legal Tender Laws are unenforcible on a large scale. It is about time The People exercise their power. Great article, Mr. Kim
Second that. Liquor up
I can't wait for the day to happen when the SLV will go down 5% and the silver price goes up 5%!
How about the day SLV goes down 20% and the price of physical only goes down 5%? Cause that already happened.
So if investing in GLD is immoral, how about GLD calls?
I remember reading on ZH about someone buying a crapload of Jan 2012 180 calls about a year ago. They're about to go into the money. IIRC, this was something like 50,000 contracts. Could this person/fund execute the trade, then ask to redeem 5M shares? Maybe Jan 2012 is when GLD blows up.
I don't know about Gold, but if you look to the silver futures markets September 2012 looks to be the month where the shit hits the intake of the airconditioning.
And once the shit goes in there, the smell will never get out again.
http://www.cmegroup.com/trading/metals/precious/silver.html