Learn the inside story of how the Greatest Financial Crisis in US history developed. How did the Financial Crisis Really unfold and for what Reasons? Who Benefited and who stands to lose. What can we do and will the American People finally Unite
Willie is eccentric in some ways, but he is excellent in his perceptions. I’ve rarely read an article written by him in which I have a major disagreement. I think with this pull back in gold to $1750 and silver below $40 is healthy. This will set the stage for a move higher. Yes, we may go down to $1700 or a little below or $37.50but consider those retracements a gift.
Follow: www.kingworldnews.com for some of the best and brightest minds following the PM Markets.
But all in all, Jim’s article is spot on.
Remember that gold and mortgage manipulation by the banks go hand in hand. The country has a slim chance of an economic recovery while this egregious chicanery is being perpetuated on the American People and the entire world.
It is time to stand united for the greater good of America . You will benefit personally. We are at a period in our history that is very similar to what it was when the Country was first founded and the US Constitution and Bill of Rights were introduced to the world.
DSA
PANIC & ANXIETY SWIRL A STORM
by Jim Willie CB
August 17, 2011
home: Golden Jackass website
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Jim Willie CB, editor of the “HAT TRICK LETTER”
Something big is going on in the United States in a sentiment change, an altered state of psychology, a growing sense of panic. My opinion is that the nation has entered the early stage of comprehension among the population of systemic failure. The most immediate measures are the rash of heavy selling down days in the US Stock market, the strong purchases in Gold, as well as the reactions to constant news of sovereign debt in trouble, and the big banks teetering. Several other softer measures have been noted, made overwhelming by their sheer numbers. A perception wave has taken hold of a toxic US Economy, a toxic US financial sector, a toxic US housing sector, a toxic economic brain trust in the US towers.
A sense of doom is creeping into the nation’s living rooms and board rooms that the nation is in deterioration. Worse, they are realizing how US Federal Reserve is toothless, unable to address or treat the problems. The citizenry is not adept or gifted enough to conclude that the problem is national insolvency, whose errant prescription has been a flood of liquidity. But they sense something is horribly wrong and worse, that no current treatment will fix anything. They detect the backfire of the blunt banker solution and the misfired futility of the federal government solution. Witness the rooted perception and horrifying awareness that the United States is moving gradually and unavoidably into a systemic failure. The perception is that neither governments nor bankers have any solutions to help the people, who must impose their own gold standard. The Gold price registered a new high over $1900 per ounce, this after mental midget clowns and propaganda wags in May pronounced the bull market as finished. Their opinions are worthless. Watch them vanish behind the tall shrubbery when Gold surpasses $2000 this autumn.
ROOT OF NATIONAL ILLNESS
In my view, the national illness is a toxic US Economy dominated by pervasive profound grotesque insolvency. In the early part of the 2000 decade, a strong hint of near-term future failure was obvious. The US Economy shed its industry to Asia since the 1980 decade. In the early years of last decade, the migration of factories was to China. In its place, the US consumers relied upon home equity withdrawal, blessed as good by the American economists and high priest of heretical ideology Alan Greenspasm. The hint to sound money economists such as the Jackass from the dependence shift was a clear signal of ruin in a few years, as in now. It came on time. In my view, the national illness is a toxic US financial sector dominated by pervasive insolvency and massive fraud. The FASB accounting rule change permitted grotesque falsification of the bank balance sheets, reflected in market capitalizations above zero. The value zero has been and still is more accurate, still is the price target. The big US banks continue to fight off the powerful forces of a housing market in resumed chronic decline, sovereign bonds overseas beset by heavy losses, and a spate of bond investor lawsuits that rack up. All attempts to limit lawsuit exposure have failed. Litigants line up in court like Wal-Mart shoppers on a big sale. Americans are awakening to the unfix-able nature of the US Economy and the broken fraudulent nature of the US financial sector.
The Achilles Heel, the broken leg, the ruined road, and the toxic field is HOUSING & MORTGAGES.
The contaminated blood, the leaking gangrene into the circulation system, the sewer line in the water supply is BANKING & FINANCE.
The US Economy grew dependent upon the two-sided asset bubble. No resolution or remedy or liquidation means rotting flesh and gangrene on the body economic. Americans have noticed. The US banking system remains insolvent, worse each quarter from toxic assets. Home prices have resumed their decline, despite all incorrect announcements by banking, political, and economic leaders over public address propaganda loudspeakers. The crowd control devices are not working, as the people are deeply worried. read more
August 17th, 2011
Who Will Be Our Modern Day Jefferson?
From Americans for a Free Republic
http://www.afr.org/Hultberg/who_will_be_our_modern_day_jefferson.php
Who Will Be Our Modern Day Jefferson?
By Nelson Hultberg
February 1, 2011
Posted on Seacoast on August 16, 2011
Anybody with a lick of sense realizes there’s no difference anymore between the Democrats and Republicans. Both preach big dictatorial government to the people, and they do so relentlessly. Thus many Americans now realize that we need to open up the process and offer a small government vision as a third choice.
The question is how do we bring about such a goal. Many hurdles to a third-party exist, and many objections among conservatives to even begin such an attempt exist. What follows will provide some answers to those objections and outline a dramatic plan that will not only defeat Obama’s socialist agenda in 2012, but also save America in the coming decades from Republican socialism.
Restoring the Republic
It is assumed that Ron Paul will run again for the Republican nomination in 2012. But could this maverick freedom advocate actually take the GOP nomination away from one of the establishment luminaries such as Romney, Gingrich, Huckabee, or Palin? Common sense tells us, no. But that doesn’t mean he shouldn’t try, for in the effort to do so the message of freedom at least gets a hearing.
But once Paul sees that he is going to be denied the nomination (along about February or March of 2012), he then needs to set his sights higher than just being a hard-money spokesman running Don Quixote-style campaigns to purge the Fed from the country. As important as this goal is, it’s going to require many decades to achieve anything substantive regarding such abolishment. Are Americans ready to adopt a totally free-market banking system, which is what would be required if we eliminated the Fed? Certainly not this decade or next. Maybe in 50 years.
There is a bigger, better crusade for Ron Paul to lead, however. It could be implemented NOW, rather than in 50 years. And it wouldn’t diminish his effort to expose the Fed and eventually phase it out.
Ron Paul needs to think “Independent Crusade” in the manner of Ross Perot in 1992, which would get him into the National TV Presidential Debates. The importance of this is that it puts Congressman Paul in front of 70 million voters on the major networks. Getting into the Republican nomination debates in primary season (as he did in 2008) only puts him in front of 10 million voters on the cable stations. Running as a Republican nominee is small potatoes. The big prize is the fall Presidential Debates. But only an Independent run can bring this about because Paul is not going to get into those debates as the GOP nominee.
There’s also another reason why the “Presidential Debates” are so important. In the Republican nomination debates, the moderators can ostracize a candidate by asking him only a few superficial questions and then ignoring him in favor of statist favorites such as Romney or Gingrich. This is what they did to Paul in 2008. But in the fall Presidential Debates there has to be equal time given to all candidates. Thus the moderator cannot ignore the freedom candidate in favor of the establishment favorites.
For Ron Paul to create a successful Independent run, he will need to find a promising conservative (let’s call him “Jefferson Thomas”) to team with as his VP candidate and do what Ross Perot and James Stockdale did in 1992 (Hypothetical, but concept has merit! ED) . It goes without saying that Jefferson Thomas must be a man with gravitas and big league political experience, which unfortunately Stockdale was not. Perot managed to get on the ballot in almost all the states in less than six months at a cost of about $25-$30 million. A ticket of Ron Paul and Jefferson Thomas could do the same thing. Paul has already demonstrated that he has that kind of money-raising capability.
Thus our goal must now be to find Jefferson Thomas, or to have him find us. He will have to possess a genuine respect for the Founders’ vision. And he will have to be a strong social conservative, but one who wishes to promote traditional values in society through the churches and schools rather than legislative mandates. read more
June 28th, 2011
Sharing
The Premise:
D. Stewart Armstrong
Honest, accurate Information, that is shared among the people, and then acted upon for the common good is the only thing that will Save America at this point. Please read Nelson Hultberg’s piece above!
Be Aware and Prepare!
Be Self-Sufficient and “Off the Grid”!
Protect Your Families, Your Country, Each Other, and Yourself
The 1st Action: Become Educated to Reality—to Truth
The 2end Action: Purchase Gold, Silver, and Hard Assets
The 3rd Action: Unite with fellow Americans in a coherent fashion
The 4th Action: Take the First Step
Whose Country is this ‘anyways’?
Not on Our Watch!
Illegal Foreclosures
There is a small minority of Americans, relative to the overall population, who are endeavoring against all odds to understand the real issues affecting this Country. Is there really a viable solution to the debt that now encumbers this Country? Americans who truly understand the issues are less than 10% of the overall population; especially since these issues are a moving target.It is difficult for anyone to understand them since the liabilities have been developed by design and over time by a very very small group of powerful individuals for specific purposes. I have heard of “jacking a car” but I’ve never heard of “jacking a Country”‘ until now that is.
A small group of loyal Americans will have to share information and we all must do more with less.
There are layers of obfuscation hiding the truth. The banks, the government along with big business are literally using the people of the world as their serfs.
It is imperative to realize that before you can fix a problem, you must not only acknowledge and understand it, you must also act upon it in a coherent manner.
It is Imperative that Americans support the US Constitution and the Bill of Rights for a just future for our Country, and its citizens! It is equally imperative that we recognize exactly what these documents state—what was their intent when they were first penned. read more
June 18th, 2011
It’s Time
D. Stewart Armstrong
June 18, 2011
It’s time to get back into the game.
I’ve taken a while to think things over and during the recess, the socioeconomic/geopolitical situation in the US has turned from bad to worse. And, I believe it is going to get much worse from here.
I continue to believe that our economy is weak, there never has been a recovery, and we are headed for the second leg down in the economic downturn. There is little to do but to try and protect yourselves and your families. Do not believe the fodder they put out for public consumption.
I have come to the conclusion that we’ve kicked the can so far down the road that we’ve run our of road. That means we are past the point of no return and civil unrest is right around the corner. I don’t want that civil unrest, but I’m going to have to deal with it–just like we will all have to deal with it.
We will need to protect ourselves with precious metals, shares, commodities, and hard assets.
I will be dealing with subjects about survival, politics, gold, silver, investments, currencies, and most importantly directing you to people and entities that are much more qualified than I to bring you the big picture and how the minute details fit into that big picture.
The most astounding thing to me is that we’ve lost the country. Because of an incompetent and totally corrupt Congress more intent on attacking each other (Republicans vs Democrats) than on helping their constituents or supporting the US Constitution, we have hit an impasse. The hatred between the two parties paralyzes them and subsequently the Country.
By design and over time, the banks have taken control at the expense of the consumer, the citizen, and now the Country is at least 100 Trillion dollars in debt when you include the off budget items.
We are at a major crossroads of history and we are in the cross hairs of truth. We must now begin to look beyond the corruption and support the US Constitution in its original form. We must retrogress to the Intent of our Founders and circumvent all of the fear tactics that have been utilized by the power Elite to keep the American people “in line”. It is truly a twisted web they weave and we must not only understand that web; we must change it so it reflects what the American People really want. Is it not astonishing that the will of the American people is being ignored by the very individuals we voted into office?
I am struck by what is occurring in Greece ( June 15, 2011 time frame) and how they desperately need a bailout in order to survive. Several years ago, the interest on their debt was around 7%–but the bond vigilantes got involved and now the interest is 30% on a two year note. Imagine what is going to happen to the US when it all hits the fan. We must use Greece as a wake up call. That means that a certain portion of us must Unite and push for the government to follow the rule of law as set down by the founders of the Country.
There is no way to sugar coat this people. It is going to be a very rough patch and we must be prepared to help one another and to help our Republic survive. The next ten years are going to be historic. read more
May 2nd, 2011
Why People are Buying Silver Now!
Jason’s been a while for a many years. He has written some excellent articles on silver. Stay focused on the message. Accurate information is available on the internet–consider the source, the message, and the track record.
Highlights and Emphasis from your Editor. Disclaimers apply.
Why People are Buying Silver Now!
by Jason Hommel
(At $40-50/oz., it’s better than all the alternatives!)
Silver Stock Report
by Jason Hommel, Feb 5th, 2011
In April, we had a record month in buying and selling silver and gold. Business volume increased 57% over our prior month’s record.
Many customers are walking in, and saying, “I need silver.” Not “I’d like to buy”. Not “I want”. But “I need.”
Most of our customers mention that they are aware of the recent government budget battle and near shutdown of the government. People are aware that the government’s budget is short by $1.6 trillion, which is $1600 billion dollars– that they are printing, to meet the “need,” and yet, the political parties were arguing over a mere $30 billion difference. (And yet, investment demand for silver stands at a paltry 250 million oz., at $50/oz, which is a mere $12.5 billion.) Our customers are aware that there is zero political will (neither among the politicians, nor among the population) to even remotely fight for something close to a balanced budget for nearly the next two years, until after the next election in the fall of 2012. They say it would be one thing, if the budget fight was whether to cut $500 billion to $700 billion from the budget, but it was nothing like that. They are aware that the current crop of politicians are so weak, and so ineffectual, even with the new tea party tax cutters in office, that inflation is guaranteed for the next two years or many more. People are aware that the entitlement mentality in America is now so strong, and since so many people are “on the dole” from the government, that they will likely continue to vote for more government spending for decades to come. read more