D. Stewart Armstrong

Introduction

America is being hammered by a financial tsunami of enormous historical proportions. Americans have only been exposed to the tip of the iceberg and I often wonder how many of us truly believe all of the “creative” (dis) information being swept across the airwaves and major media outlets like tumbleweed across the Nevada desert. It is something to behold, isn’t it? But, does all this disinformation pass the common sense test? Does it pass the “smell test?” On balance it does not.

You are part of a very small portion of Americans reading these types of articles, and at least endeavoring to acquire the truth, and that, my friends, is a great part of the problem. We need more Americans understanding what is really occurring (to them) in their own Country. That is the reason we need to expand the base! Americans know something is terribly wrong, they just don’t know what it really is or where to begin to fix it. There are not enough people trying to discover the “real deal”.

Americans hear about interest rates, the Dow, and the debt and not necessarily in that order.

But listen, I hate to sound crass but there is something in it for you! The greater the number of investors involved in the precious metals complex, the greater the probability that demand will increase, which will ultimately push the PM prices higher. If you are holding gold, silver or PM stocks, you wll benefit!

Finally, you will be doing your country a favor—even if it means saving the politicians from themselves. The more gold and silver tucked away in places where governments can’t “appropriate” it for their own needs, the stronger your country will be. And let us never forget that our founding fathers wanted physical gold and silver to be the “coin of the realm”.

What is the Real Deal?

Over the past seventy years we’ve gone from being the greatest manufacturer of goods on earth to being the beggars of the world; er, I mean the greatest consumer of goods in the world.  We’ve gone from being one Nation under God to being one Nation under Goldilocks (and the three branches aka :Legislative, Executive, and Judicial).  Americans are constantly suckered by the likes of Enron, Washington lobbyists, Madoff and the Federal Reserve. Greenscam “really got us good”; so good, that even Congress was left in shock and awe. I wish it were GOLDdilocks.

So one generation at a time we’re slowly moving away from what the Great Generation fought and died for. That is the real deal. Is that too harsh? On a daily basis, we need a billion dollars of foreign capital to keep the US doors open—but wait, foreign capital doesn’t want any more to do with the US. They’ve been hoodwinked enough. They’re taking their chickens somewhere else to roost. So from where comes the money to keep the doors open? We make it up! We print it.

And thats the read deal.

Everybody wants it—Everybody’s don’ it.

No, it is not more sex, the hula hoop, or the IPOD. What is it? It is a bigger portion of the pie, a greater audience, a larger market share, which equates to more money, influence, impact, and leverage. Uncle Sam wants you(!) really means they want a larger part of the young men and women of this country to fight the war on terrorism. Uncle Sam wants a larger part of the demographic which ultimately comprises the Armed Forces!

But then so does Burger Boogie, the NRA (National Rifle Association) and every newsletter from here to tin buck two. The gold community wants you (or at least they should) and so does the SPCA, ARRP, NSA, and the ABCD. Isn’t it nice to be wanted? Everyone wants to Expand Their Base! They all want you—so choose wisely my friends. Or is that drink wisely? I get Madison Avenue and Uncle Sam mixed up on occasion.

Why the Gold Community?

Destroy a Nation’s Currency and you effectively destroy the Nation. The Germans did it to the Brits in WW II. Our gold community in the US is rather smallish. We want to make it biggish. That is what Bill Murphy and Chris of GATA (Gold Anti Trust Action Committee) have been doing for close to ten years. They’ve been trying to expand the gold community by offering empirical evidence that the gold market is not a free market–it is manipulated. They’ve done a pretty good job. But don’t take my word for it–don’t take their empirical evidence. Do your own research and after reviewing gold charts, ask yourselves if this trades like a free market or a managed one? FYI, Bill Buckler of www.the-privateer.com has offered up the axiom that “gold is a political” metal.

But lets keep our eye on the ball. We need to expand the gold community because gold is the only asset which can serve as both wealth and as a currency.  Governments don’t like it because you can’t just print it and call it wealth.

The reason we want to expand the gold community is because this community is closer to the truth than the average bear. Goldwelacks  knows this and that is why she and the three bears constantly demean and allow the management of these markets. Gold aficionados otherwise known as “whackos or gold bugs” understand that a strong national currency is tantamount to a strong Country. The Gold Community needs to expand their base. But so does the Republican Party! read more

(EEGC.OTC)

www.empireenergy.com

May 12, 2009

Empire Energy is an oil and gas exploration company based in Tasmania, an Australian State off the Southern Coast of the Australian Continent. It has company Headquarters in Leawood, Kansas in the US and most of the funding and financing activities are centered in London. That means there are business and exploration activities to coordinate in three widely scattered parts of the world which is no easy undertaking even under the most optimum of conditions. These are not optimal conditions.

For the last several years Empire Energy has been diligently preparing to drill several deep targets on their rather large “on shore tenement (lease)”. The lease encompasses 15,000 square kilometers or 6000 square miles; 3,800,000 acres of the most prospective section of the Tasmanian Basin, one of the last virgin oil plays in the developed world.

The big question on the minds of seasoned shareholders is when will they commence drilling? They’ve been prepared to drill for over four months with a drill rig situated on one of their most promising targets at an area known as Bellevue.
We hear ruminations of impending financing and we hear about collateral transactions and JV arrangements with other promising junior miners. We know that the company is attracting experienced and ethical professionals to their management staff. We know that Geominex is real.

Funding has been “promised”, some funding has been received, and yet the question for which there is no immediate answer is when will the money arrive and when will they drill? Timing is everything. This project is now contingent upon this additional promised financing. Take a few hours to peruse the website and you’ll understand the excitement for the project.

Remember that EEGC has already spent over $40M AUS on the property in one form or another. Financing for all projects, especially now, especially in any exploration sector, has been extremely difficult for every company seeking to secure such funding. We have to take this single fact into consideration and realize how important it is to this project.

My sensing of the situation, based upon casual conversations with shareholders, is that management is indeed trying to nail down the finishing touches on this financing. I don’t know how much and couldn’t tell you if I did. But common sense dictates that the drilling company, Hunt Energy, would not be holding their position if they did not believe that soon they could begin their work. Yes, we’ve been waiting, but folks, this is a wildcat operation in a virgin basin in one of the worst economic environments in 300 years. Patience is mandatory regardless of how frustrated we all might be.

This project could turn out to be a home run or it could turn out to be a fizzle. I for one am sticking with it and as such it almost become an act of faith. I have a vested interest and I’m biased. I helped put the web site together and am helping with getting the story out. But I never take on a company that I wouldn’t put friends into. There have to be merits to the projects and of course I specialize in the gold investment sector. But my bias is centered mostly on the people I know who are involved with the project—both professionals and regular shareholders. There are a few heavily invested individuals in Empire who come from the island and who know this story inside out. I trust these locals because I’ve found out first hand that they are people of integrity. And yes, they too are frustrated and yes, they too are holding on. Due to the science, there is a strong feeling that oil will be found on this huge tenement.

Make your own decisions after reviewing the website and don’t get in over your head should you choose to become involved. But this project, should it live up to expectations, could possibly be something phenomenal.

This is a project you separate into two sections. The first part is the project itself—the virgin basin on shore in Tasmania where several major underground domes which may possibly contain hydrocarbons have been identified by way of 2-D seismic. The second part is the history of the company and the difficulties that have emerged as a fledging junior mining company fights to makes its way into the “big leagues”. read more

 D. Stewart Armstrong

(OLEPF.OTCBB and OLE.CA)

www.oromin.com

In our era, there are two basic yardsticks of International value: Oil and Gold.

Oromin Explorations is Pursuing both of them.

Here’s the premise: The US economy is not improving as touted and we are fast depleting our national resource of smaller denominations of physical gold and silver.

j@silverstockreport-com.ccsend.com

www.caminocoin.com

When those one ounce gold and silver coins and bars are finally depleted just as the pubic realizes that the “jig is up” with regards to “paper promises”, there will be a rush towards quality junior mining companies—again! It is my opinion that Oromin Explorations (OLEPF.OTCBB and OLE.CA) will be among those companies on investors “wish lists”. The reasons are succinctly listed below.

There are six major reasons:

1. OLEPF has spent $US 55M as of 12.31.08; over $US 60M as of 3.30.09

2. They have over 2.4 million ounces of gold in the ground

3. They are working on a pre-feasibility study which will be completed soon

4. They have seasoned management that has been through downturns before

5. Said management has proven up other gold deposits such as Eskay Creek

6. Six major deposits delineated with the possibility of more coming

I want you to understand that Oromin operates in its own particular sphere of influence. That means that it is a somewhat self contained macrocosm due to the nature of the project which is situated in Senegal, Africa. Senegal is a stable environment in which to do business—a very important point.

Therefore, Oromin marches to his own drummer. read more

 by Burton S. Blumert

In memorandum of the late, Great Burt Blumert!

I just found out this morning that Burt passed last Monday. If ever a person deserved to be in a “better place”, it was Burt. I met him over 25 years ago and we kept in touch over the years. He would always ask about my wife as he loved the ladies and would have a twinkle in his eyes when talking about them. Actually, Burt always had a twinkle in his eye. And he helped so many people–big spenders or Mom and Pop–we all got the same attention. America has lost a great patriot–as great as any of those in our history. Don’t let time or place fool you. He changed many lives and awakened the true patriotic spirit in most of the people he met. He did so with what can only be described as good humor, modesty, and passion. Aye, Burt, we hardly knew ya!

This speech was delivered at the Steve Sjuggerud Conference in Long Beach, California on Wednesday, January 28, 2004.
(Although I’ve heard snippets of it through the years)

At breakfast a nice young man set aside his French toast to ask me, “Burt, how do I know if a coin dealer is reliable?”

I answered without hesitation. ” To start with, make certain he has been in the business at least 43 years 7 months and 11 days – Make that 12 days.”

You guessed it, that happens to be my tenure in the trade, and I admit my sassy response sounded self-serving. You don’t need a novice practicing on you whether he is selling a Krugerrand, a Proof Seated Dollar or, anything for that matter.

Some years ago, I was seriously troubled by a potential tax problem. I foolishly mentioned the matter to my family attorney. As he listened to the details, his face drained of color, and I feared he would pass out. Irving was clearly the wrong lawyer for this problem,

If I need brain surgery, I want a doc who has handled so many cases that my particular tumor is almost boring.

Which gets to my subject matter for the day: “What risks does the first time gold buyer face?” And, the follow-up, larger question: “Is there a downside to owning gold?”

Answer: Yes, there are reasons NOT to buy and own gold. (These reasons apply to silver and platinum as well)

Here are just a few:

*

There is a risk in holding gold! All the crooks, those in government and those in the private sector all want to get their paws on your gold.

Some of my crusty old-timers are comfortable ONLY when they sit, shotgun in hand, on top of their coins.
*

There is a cost to holding gold. Not only do you pay for Safety Deposit boxes, the gold owner is also “punished by losing interest” he might have received from other investments.
*

Your government will start to regard you as peculiar. Buy a Treasury Bill, or a share of IBM, and you’re a fine citizen, a patriot. But, buy an ounce of gold, and “there’s something wrong with you.”

You may be one of those “paranoid crazies” who owns guns and writes letters to his local newspaper.

Speaking of paranoia, I have been invited to join Paranoid’s Anonymous, but they won’t tell me where the meetings are.
* A high percentage of gold owners will never use banks to store valuables. They would rather hide things around the house.

Which leads to a new and scary risk. As we age, we are inclined to forget things – What was I talking about?

Oh yes, forgetting where you put things.

I have a pal, Kurt, who was barely in his 50s at the time. He owned 7 or 8 investment-grade diamonds, D color, flawless, VVS 1 or, however they grade those things. Kurt had paid over 12 thousand dollars for each. read more

by Jim Willie CB April 1, 2009

home: Golden Jackass website
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Jim Willie CB, editor of the “HAT TRICK LETTER”

Perhaps it was a grand error of judgment to host the G20 Meeting in London. The epicenter of the financial hegemony, corruption, hidden agency influence, and financial market destruction has clearly been the United States and the United Kingdom working in tandem. So great risk comes with the hosting of this meeting in London. The British Empire, aka Great Britain, is the site of the most devastating economic and banking ruin in a century, on a scale much larger than Iceland, but with a certain hand in the Iceland downfall. Millions of British citizens are angry, worried, and justifiably so. Their economists, bankers, and government leaders have presided over at best a severe national decline that must withstand diverse reform and reconstruction, and over at worst a national failure of state that must endure a collapse before any conceivable reconstruction. The decline if not collapse in the UK seemed for a time to lag that of the US, but lately events have accelerated inside the harrowed United Kingdom. The United States has the advantage of just printing trillion$ and floating about for a bit much like a derelict vessel with feigned movement!

Certainly it was a grand error of judgment at the February Davos Global Economic Forum for President Obama not to attend. He used extremely bad judgment in sending TinyTim Geithner as his minion envoy, the Treasury Secretary who bears Goldman Sachs stripes, and likely GSax branded skivvies. Obama took harsh criticism for skipping an opportunity to meet with certain heads of state in attendance, key banking and industrial leaders. He could have met Russian leaders Putin and Medvedev, who truly stole the entire Davos show. My guess is that Obama was deeply intimidated at the Davos prospect, was busy assembling a staff, but had no choice now. The chorus of criticism, if not revolt against the US$, has grown deafening. The US$-based global financial structure is broken, without any doubt irrevocably. The last to notice are the USGovt and US banking stewards, who are busily looting still. read more