D. Stewart Armstrong
Did you have to make up your mind?
To choose one, and leave the other behind. It’s not always easy, it’s not always kind—-did you ever have to make up your mind?
Wasn’t this by the ‘Lovin Spoonful?’ I think it was and I think it has enormous implications in terms of what we are all going through right now. We’re all having to make up our minds–over something–especially our investments. But then if we are sufficiently fortunate to have funds to invest, what are we choosing? If we are living from paycheck to paycheck or no paycheck at all, what do we choose? Are we saving our homes or sending our kids to school? Are we choosing health issues over saving our houses? Are we looking short term or long term? This is very difficult because most of the working class have been put in a most untenable situation.
We are faced with some very difficult choices and I sympathize with all of those people, all of those families who are having to make up their minds. I wish there was a magic wand which we could wave and make all of our financial problems disappear. In actuality, there are several wands and they are known as gold and silver. They won’t make all the issues disappear but they will offer opportunities and they can put a foundation under your future like no other investment–including money–in our case the US dollar! But alas, gold and silver have been manipulated so that the magic wand is tepid, under-performing, and the opposite of what they really should be which is omnipotent. Currently they are impotent because of INTERVENTION. The magic wand is still magic but it demands that you recognize and then believe in common sense. Common sense dictates that there has been an enormous amount of intervention in the precious metals complex in order to support the US dollar. Basically the power elite is now killing Peter (gold) to buy a little more time {forget about paying} for Paul (the US Dollar)! It always seems to return to the same basic premise, doesn’t it. Paper promises versus “the real thing” which is the precious metals complex. So, Did you ever have to make up your mind?
I have just encapsulated GATA’s (Gold Anti Trust Action) Committee basic premise in a few short sentences. Gata’s contention is that a Cabal, consisting of an organized group of Central Banks, various US financial entities (think Federal Reserve), and assorted international allies have been conspiring to suppress the price of gold for their own nefarious ends has been repeatedly and empirically proven. The procedures utilized by these powerful groups to accomplish their ends has become ever more intense, desperate and subsequently obvious, over the past five years as the US dollar has become increasingly suspect as a reserve currency; for that matter as a viable fiat currency. Did you ever have to make up your mind?
You do have to be quite involved to really understand what is occurring in the world around us. But understand this one basic premise and you’ll be miles ahead. Gold beats paper every time because you can manufacture paper but you cannot manufacture gold. Understand this basic premise. In your heart of hearts you know this is correct; especially if you’ve been around these markets for any extended period of time. What happens is that we get too close to the topics; in other words we cannot see the forest for the trees. We are bombarded every day with counterproductive arguments as to why paper is going to prosper when common sense tells us otherwise. Believe in the judgment of those people who have educated all of us in the ways of these financial entities. And then believe in your own judgment because you are correct.
There are seemingly dozens of cross arguments: inflation versus deflation, a recession versus something worse, a government that doesn’t seem to function in the best interests of its citizens, and economy that really doesn’t seem to be sustaining a country with the resources and the history of the United States. All of the noise, as Jim Sinclair puts it, is designed to throw us off track. Patience is our biggest nemesis. We must practice patience and the problem is patience equates with time. When you are sitting on a precipice, and the rocks are starting to crumble, time is not your friend. That is to say that most people need money now and in many cases they need a lot of it now. Incidentally, I don’t want you to feel alone because governments are facing the same dilemmas. My answer to this question is to find the right vehicle for you, study it from every angle, and then apply what you’ve learned in the real world. There are no easy routes to success. It is true that money begets money but it is also true that greed begets greed and that greed can ultimately rear its ugly head and bite you firmly in the butt. Become a master at something. Most importantly become a master of yourself! Most Zen Masters will tell us that we are perfect–we just need to understand that perfection.
On a more mundane level, become a master of one company– perhaps one gold or silver company; or one discipline–stocks, bonds, options, gold, silver and then learn everything you possibly can about that entity or vehicle. Perhaps you can study one sector such as gold or silver and learn the intricacies around it. Jason Hommel has made himself something of an expert in the realm of silver. I can see by his work that he is committed to knowing and learning as much as he possibly can about the “silver story” and is passing that knowledge on to those who would listen. He has become so good at it that people will pay just to see his portfolio. Jason is an honorable guy and this works for him and for the community as he has quite a following.
I would then urge you to take the first step, and realize that every journey does indeed begin with that first step. Look around you, see what’s going on in terms of reality, not in terms of what “they” are trying to shove down our collective throats. 95% of what we witness via mass media is noise. It is noise that helps the powerful keep the less powerful, the average citizen, in line. America is our country — it has always been our country– we just don’t recognize that it is nor do we act accordingly. And because we have not acted accordingly, and due to the grand design (Think “Creature From Jekyll Island” by G. Edward Griffith ) our country has been rustled away from us just as a rustler rustles cattle. A fitting metaphor since most of us have been acting as cattle. Mooooor trouble on the way?
America is not only for the power elite. The American dream is for each and every one of us and I can almost guarantee you that if we had direct input into some of the most critical decisions that have been made about this country over the past dozen years or so, we would be on the opposite side of 80% of them. Why? Because the decisions that were made were counter to good old American common sense. Americans do have common sense but most of our political appointees and our political legislators do not exercise theirs. Whose fault is that? Is it the cattle or the Rustlers? Who continues to put the fox in charge of the hen house? But then, who has the willingness to think and reflect in a timely and coherent fashion? Did you ever have to make up your mind?
Stay with your common sense. We should be looking for common sense in our leaders. There are very few free lunches. They would have you think otherwise. Perception is not reality. There are two worlds we live in. One is the way governments would have you perceive it, and the other world is the way it actually is– that would be the one that we live in on a day-to-day basis.
I’m going to close with this. The problems that I see facing this country right now center around the economy, well paying jobs and careers, the status of the US dollar which has eroded in value over the last 75 years, health care, illegal immigration, a biased tax system which has evolved into a total morass and not what the founding fathers advocated, and finally the Bill of Rights and the Constitution being slowly destroyed in the name of national security. Our foreign policy is also in shambles but this is not of great concern to the average American although it truly should be. Now I ask you, after this enormously long presidential campaign, how many times have you heard the candidates talk about those issues in a meaningful way. I’m not talking about a sound bite, I’m talking about detailed solutions for what ails America. Politics in this country is based upon perception and not reality. Think of the topics I’ve just mentioned next time you listen to one of those political made for TV commercials.
I want to hear how much PORK they are DEFINITELY going to cut.
Gold and Silver are Reality.
Did you ever have to make up your mind and choose your metals so bright and leave the other stuff behind? It’s a fight to the finish, the truth hard to find, but with good common sense, we’ll succeed in due time.
PS
Would you like to become an expert on one gold company and enjoy considerable upside potential? Consider Oromin Explorations (OLEPF.OTC). This is a company that has five drill rigs running 24/7 and they have already proven up well over 1,400,000 ounces of gold. My feeling is that it won’t be too far below 2,000,000 ounces within six months. Oromin is now selling at about $1.45 while at its highs a year or so ago, it was well over $3.50. The junior golds have been hammered–the worst in the last 25 years. I believe we’ve hit the bottom but it will take some time to rebuild the technical infrastructure of the precious metals markets. We could go back and test $700 but I would find that ever so surprising!Currently people want to own physical gold and silver but that will eventually change and the closer any good company is to production, the better they will do. Think advanced stage projects and small producers that have an opportunity to grow.Finally, Oromin is well financed and it is my opinion that when this market turns around, you’ll see OLEPF as one of the front runners. .Oh yes, and consider the management team.– Not too shabby! That being said, read the disclaimers on all articles.
Until next time,
D. Stewart Armstrong
Consultant to the Junior Mining Sector
Posted by D.Stewart Armstrong in Articles