Golden Road Trips
The following are excerpts from past "Friday Road Trips". I chose these excerpts not necessarily because I think they were 100% correct or incredibly insightful but rather because they help frame what I think lies ahead for us and things you should ponder as you prepare for the coming challenges.
So "ALL THE BEST" to you and yours...
and may the Road you choose be the Right Road!
4/9/2010 Why I Think Gold/Silver Mining Shares Are A Bad Investment
Mining shares are a hot topic these days and I'd like to clarify my position on this issue but let me tell you first that I don't have any answers. Only a feeling and some common sense.
The question is... "Will mining shares payoff more than physical metal when the manipulation ends?" My answer is maybe...but ONLY if the fiat monetary system stays in tact. If the crash is as serious as I think it will be, I can't see mining shares paying off. They will all be nationalized.
Here is my reasoning:
1) When the manipulation ends gold/silver will skyrocket many, many multiples of where they are valued today. So much so that everyone will want answers to the question "Why?". The manipulation story will come out and the people will demand that the wealth of their nation be shared.
2) Globalization will end with the monetary crash and everyone will close their borders to trade for a while. Non-citizen claims of gold/silver mine ownership will be laughed at.
3) There will be anger towards the "rich people" that caused the crash such that private ownership of a country's supplies of new money in the ground (gold/silver) will not be allowed. The good guys want NO WINNERS in this transition.
4) There is a massive amount of phantom shares floating around in every brokerage house and at the DTCC (some say 1,000x+ for most mining shares). When everyone who supposedly holds shares tries to cash in there will be no way to allocate them because there will be so many legitimate claims of share ownership.
5) All of the brokerage houses will fail with the crash and there is only $263M in net assets left in the SIPC insurance fund to insure TRILLIONS UPON TRILLIONS of SIPC Member accounts.
There is more but you get the idea.
Don't get me wrong though...I think the mining companies hold MASSIVE wealth in the ground.
The problem is not that the shares aren't valuable...IT'S THAT THEY'RE TOO VALUABLE!
2/5/2010 Gold and The US Strong Dollar Policy
Let's end this week with some news about the famed "Strong Dollar Policy". According to US Treasury Secretary Tim Geithner, he and Robert Rubin created the "The Policy" in his office back in 1995.
"U.S. Treasury Secretary Timothy F. Geithner said he has continued to support the strong dollar policy he helped craft in the Clinton administration when he worked for his predecessor Robert Rubin. "That particular phrase and commitment of policy was first written in my office at the Treasury Department in 1995," Geithner said today, when asked about the currency during a Senate Finance Committee hearing."
But what does the "Strong Dollar Policy" really mean anyway? I assume the end result is a "Strong Dollar" but what is the policy? Why hasn't it ever been stated? What is used to implement this "policy"?
HERE'S WHAT I THINK GEITHNER AND RUBIN WROTE ON THAT FATEFULL DAY:
The US Strong Dollar Policy From the Desk of Robert Rubin & Tim Geithner
1) We must maintain the illusion of a strong dollar to keep interest rates low and economic prosperity booming. At the same time we must maximize the global use of our US Dollar as an important economic weapon.
2) The key focal point of this policy is the total and complete control of both gold and silver as they are the only viable alternatives to the US Dollar as a global reserve currency. We will continue Greenspan's computer rigging operations which in order to control the physical markets we replace Ft. Knox Gold with Gold plated Tungsten bars and closed down the Manhattan Project Calutron's to get our hands on the vast hoard of physical Silver.
3) We must rig all government data such that we mask all hints of price inflation. This must include rigging all inflation data by changing the weighting of the components. Also we must include the rigging of employment data (birth/death adjustments), manufacturing data, public sentiment data, and all other data related to our economic health.
4) We must utilize the vast computer market rigging technology available to both the US Government and large Wall Street firms to rig all commodity markets, stock markets and currency markets. Computer programming will be critical to the control of the world's markets.
5) We must secure the assistance of the SEC, CFTC, FBI, CIA and other regulatory agencies to both turn a blind eye to the manipulation as well as assist in the removal of any competing factions that may threaten the policy implementation.
6) We must illicit the help of Wall Street Primary Dealers to implement this strategy and conceal the US Government and Federal Reserve involvement in the manipulation of markets. A necessary evil will be that those involved with out manipulations will significantly profit from the inside knowledge.
7) We must enlist the help of Harvard Professor Larry Summers to implement his "Behavioral Economics" models to mold the perception of strong global markets thus tricking the investing and consuming public that everything is wonderful and people are free to spend and live outside of their means.
8) We must secretly gain control of all financial media avenues to help promote the false policy construct as well as disguise the reality of what is going on behind the scenes.
9) We must put the right people in the right places in Government agencies to help conceal the false reality as well as further the "Strong Policy" agenda.
10) The end of fiat currency must happen but we can prolong the inevitable for a considerable amount of time to maximize the benefit to our nation (and those who control it). When this is over the US can literally default on all our debt and return to the Constitutional Gold Standard.
3/5/2010 Secret Nationalization Plans of US Mining Properties... on Obama's Desk!
One of the questions posed on page 5 of the Road to Roota comic is whether or not the Government should take over the mining of gold (i.e. "Colored Flowers").
"Finally, should the mayor of Pebbleton announce that the town itself will undertake some of these projects, raising taxes to finance them and distributing all the proceeds from the venture equitably?"
It kinda sounded to me like some sort of mine Nationalization program, but after reading the following article the odds greatly increased that mining property confiscation may be part of the plan.
Just look what's sitting on Obama's desk!
White House Land Grab
"A secret administration memo has surfaced revealing plans for the federal government to seize more than 10 million acres from Montana to New Mexico, halting job-creating activities like ranching, forestry, mining and energy development."
"President Obama could enact the plans in this memo with just the stroke of a pen, without any input from the communities affected by it."
This is VERY SERIOUS stuff. No games. The land involved with this take over holds some of the most important natural resource reserves in the world including the hidden gold in the Grand Canyon and in the Chocolate Mountains.
I understand why they don't want anyone to profit off the transition. Some of the smartest minds in America designed a way to rig the markets for decades without profiting for themselves. They watched the banking cabal steal their market rigging computer programing tools to become outrageously rich...yet still they sat back and waited. Now it's all about to end and they want NO WINNERS IN THE RETURN TO THE GOLD STANDARD.
Again, I don't have much faith in ANY mining shares surviving the crash...go buy some more physical gold and silver and stick it under your pillow so you don't miss out on "what could have been"!
5/7/2010 Silver Comes SECOND...Dried Food Should be your 1st Investment
So while I'm on the subject of survival, and it really looks like we're going to go without any seafood gumbo for a while, I hope everyone has read this article:
Food Crisis for Dummies http://www.marketskeptics.com/2009/12/2010-food-crisis-for-dummies.html
It is clear that we are being lied to by our controllers so my first investment advice to anyone who asks is "Start by filling your pantry and garage with enough food to feed you and your family for a few months." Then you can think about buying gold and silver for any kind of monetary event.
Just think what a box of dried camping food would be worth in a hyper-inflationary collapse where there was massive food shortages...more than the price of silver I'd venture to guess.
For those as crazy as I am here's a outfit that can supply you all you need as far a survival food:
And here is a great article on how to store it all...which I always thought was an art not a science!
Proper Food Storage http://survivalreportblog.com/Food_storage.html
5/14/2010 America's VAST Gold Deposits Wait Patiently in the Grand Canyon
One of my favorite articles I've ever written is:
Golden Secrets http://www.roadtoroota.com/public/181.cfm
The biggest mystery this article discusses is the Grand Canyon Gold and I've been trying to get my hands around this discovery and it's implications.
As I search through the archives of America's past I discover MANY mysteries that have been hidden since the beginning of the Federal Reserve so if anyone wants a REAL FUN challenge start digging through the archives of American Newspapers for hidden stories.
As the "Good Guys" often look to Hollywood to help educate the masses you might want to rent the movie "MacKenna's Gold" for a little insight into what lies in the Grand Canyon.
The movie is a very entertaining Western but for those of you who don't want to spend the time watching it here is a Youtube video of the "Gold Canyon" that you may find interesting...
And not to get too "conspiratorial" in the end the entire gold mountain crumbles down blocking access to the gold...
Does this remind you of anything? Didn't the EXACT same thing happen to Roota after she found the "colored flowers" in the cave?!
I know, it's all kinda flimsy but there was clearly a very large gold discovery in the Grand Canyon in 1908, one that would have "shocked the world" and that same area is has been closed off by the US Government for almost 100 years. The name of mountains in the area are all Eqyptian supporting the rumors of a significant archeological find that is being hidden there.
Still more to research here but from my experience in Gold manipulation and Government secrets...WHERE THERE'S SMOKE - THERE'S FIRE!
5/28/2010 HANDS DOWN the Best and Safest Gold/Silver Investment
One of the most glaringly OVERLOOKED issues when it comes to making an investment in physical gold or silver is the verification of purity and weight. If you go into your local coin shop and buy or sell a coin or bar the chances are that NEITHER PARTY will check the purity or weight. 99.9% of the time whatever is stamped on the metal is taken as FACT.
I think in the very near future that this practice will end and one of the most important steps in buying or selling gold and silver will be assaying the coin or bar before the money changes hands. Not some "scratch and sniff" test but something more substantial like using an XRF Analyzer. They're pricey ($30k?) but from what I hear far better than any chemical test.
This will especially be true when someone (China maybe??) comes out and shows a gold/tungsten bar that has been cut in half. Over night the large paper markets will freeze and that will trickle down to the smaller coin/bar market.
This is likely true for silver as well...especially if the silver manipulation scam is exposed further with charges being filed against JP Morgan. Just think of the ramifications for SLV. First of all, nobody trusts this crooked operation but to have the "Custodian" of all its silver being charged with fraud and market manipulation will send that security into an uncontrollable tail spin.
So what's the safest play? I have no idea but I can tell you what I've done which is heavily lean towards US 1oz Eagles. Gold and silver eagles have that extra protection of being made by the US Mint with a denomination stamped on them. US $1 for silver eagles and $50 for gold eagles.
Why is this important? Because I believe they will be used as US currency in the very near future and will be covered under the US counterfeiting laws.
"With few exceptions, existing law generally prohibits the manufacture, sale or use of any token, disk or device in the likeness or similitude of any coins of the United States, or of any foreign country, which are issued as money."
If someone was caught filling their gold bars/coins with tungsten or silver bars with molybdenum that would constitute a "Class C" felony with a maximum penalty of 5 years in prison.
Doing that to US Eagles would place you under the much stricter counterfeiting rules which, according to the US Patriot Act, carries a much greater maximum penalty of 20 years in prison.
Pay the extra few bucks for some added piece of mind.
PS - I'd lump any pre-1965 US silver coins in with the eagles as well :-)
Finally, I would like to share the first portion of my TIME LINE article that was written in July 2010. This article gives my "play by play" of what I expect to see in the coming transition with the collapse of fiat money and the return to a Gold Standard...
July 2010 - SPECIAL REPORT: TIME LINE TO BLAST OFF... AND LANDING!
COMMENTS ON TIME LINE
Something very interesting happens when you make predictions about the future because people really WANT to believe predictions will come true. Humans seem to have a burning desire to KNOW the future ahead of time never realizing that the journey, experience, discoveries and lessons may be more valuable than the final conclusions.
Predictors also hold themselves out out on a limb like few others. The predictor's intrinsic value in the eyes of the reader is based forever on if those predictions come true. I knew I was taking a risk by publishing my TIME LINE article so I tried to qualify it as much as possible. Nobody knows the future and things can change on a dime.
But none of this should discount how you use this Time Line to prepare both mentally and operationally for the future. In my judgment, this is one possible outcome based on my research and understanding of what is going on around us. More than likely, many of these events will happen but my exact time frame on WHEN they will happen will be wrong.
Truthfully, authoring a "gold & silver conspiracy" website does not exactly hold me to account on the accuracy of my predictions or timing of them. Not surprisingly, I have managed to deflect any serious analysis of my work because of the conspiratorial nature of its thesis...that there is another conspiracy hidden behind the "mainstream gold conspiracy" and this other conspiracy will save us from the grips of the "Bad Guys" who control our daily lives.
The reason I decided to release this Time Line is that it is the #1 QUESTION I get and I actually do have my own take on what is about to transpire.
I ask you NOT to believe me but rather use your own cognitive abilities to create your own potential future.
You do make a difference.
What I am about to lay out is in no way meant to be a "set in stone" prediction based on verifiable facts and insider information. This Time Line comes from my intuition and understanding of what is happening in the world according to the Road to Roota Theories. I have pulled information from sources both mainstream and unconventional to come up with these predictions. Only time will tell if I am 100% correct, 50% correct or 0% correct.
There are no guarantees but here she goes...
START AND FINISH PREDICTIONS
START - July 2010: The US is in a predicament. The current Administration has totally rigged most markets with artificial computer buy/sell programs while telling the Sheeple that we are in a recovery. We sit at the end of July with the DOW elevated to a frothy 10,500 without an ounce of true economic analysis supporting it and a gigantic list of problems yet to be dealt with. Bankrupt city, state and federal governments. Two full on active wars being fought in far off lands. A hole in the earth spewing toxic chemicals. The largest National Debt in our history by FAR. Future unfunded entitlement programs. High official and unofficial unemployment. The list goes on and on. WE ARE TEETERING ON THE EDGE OF THE ABYSS!
FINISH - Sometime in 2011: WE HAVE COME OUT OF THE ABYSS INTO A GLORIOUS NEW REALITY! After the total destruction of our economic systems and the end of fiat money the United States has emerged once again as a totally sovereign nation not beholden to anyone...ESPECIALLY not the banking cabal that has ruled the world for the past 100 years! All city, state and local governments are fully funded with NO DEBT. All wars have ended and all troops are being brought home. The hole in the earth is still a problem but is being worked on by open and honest experts. The National Debt is $0 and will NEVER GET HIGHER THAN $0. All entitlement programs are FULLY FUNDED. There is 100% employment for those US citizens who WANT TO WORK (those who don't want to work won't need to for a while either:-).
Those are my predictions for our future BUT unfortunately we can't blink our eyes and arrive at the end of this nightmare!
First we must LEARN OUR LESSONS and here's how I believe it may go down....
Early - We should start to see the break down of the economic system starting as early as the second week in August. Keep an eye on the unemployment figures and yet unforeseen "problems" arising. The Obama market riggers who decided last year to implement the sustained market manipulation scam (http://news.goldseek.com/GoldSeek/1238779140.php) have been instructed by the Good Guys to "release" their official controls. Once Summers, Goolsbee and Geithner stop their official involvement it will be in the hands of the Primary Dealer Banksters and they have to try to skirt around the new regulations. Not an easy thing to do but they will try. Gold and Silver will start to trade erratically as the Good Guys and Bad Guys unleash dueling computer rigging programs....(this article continues in the Private Road section)
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May the Road you choose be the Right Road.