The Goldsmith--Part XXVIII
By R. D. Bradshaw
This
series of articles on the Goldsmiths brings up the question which many or
indeed perhaps all readers so far may be asking—how to invest in and play the
gold and silver markets in view of the fact that they are so heavily
manipulated and controlled by the super rich goldsmiths and bankers who run the
financial markets.
This
question necessitates a remark from this writer which is crucial at this
stage. This writer is not in the
business of securities, financial advice or anything related. The most that can be said here by me is to
merely offer a few remarks and ideas on how I am personally addressing my own
investment needs.
The
following represents my opinion on how I am to react in the present context. It should not be used by any reader to decide
what he should do in his own life.
Investments and so forth are personal decisions. Accordingly, the reader must carry the weight
for his own investment decisions.
The Needed Underlying Philosophy
My
basic philosophy on investing or saving money in the present global
configuration is to be extra careful and prudent because of the work of the
bankers to destroy all currencies (if possible) through the expansion of their
associated money supplies (which will inevitably result in eventual
hyper-inflation, not only in the US but also in certain other countries as well).
The
only possible things of value in this sick environment are gold, silver and
other commodities (despite the present deflationary threat the manipulators
seem to be working).
It
is stupidity to try to save money in most US bank savings accounts (although
there might be some justification for a small savings account to serve as a
backup in case of an emergency). The
earned interest won’t even begin to equal the inflation rate. Every dollar in a savings account depreciates
in value every day.
Historically,
one might be able to have placed some money or savings in real estate. But as noted in my prior remarks in this
series, there are limits to the value of real estate. Of all assets which government can readily
and easily tax, it is real estate. Rest
assured friend, government’s appetite for more and more money and the reality
that most of us have less and less money to give them only goes to prove
categorically that government will tax the heck out of real estate in the
coming days.
And
while we ultimately face hyperinflation on most fronts, the real estate market
is currently in a clear deflation mode (although this ultimately should change
somewhat). We can say the same thing
about automobiles, TV sets and most manufactured goods. I would not put money into these things. In fact, I am selling whatever I can of this
stuff from my personal effects and holdings.
This
environment then brings up the only plausible investment that I would and am
undertaking at this time. It is
commodities (although the plutocrats seem to be trying to force them into a
deflationary profile presently).
Despite
the present plutocrat deflationary move, food items will eventually be in short
supply in the future and logically must go up.
But here, there are limitations because the fat cats are manipulating
the food commodities along with everything else. While one can build a case that the plutocrats
are not controlling the weather, one must even be careful about jumping on this
wagon.
Anyone
familiar with HAARP and the almost daily spraying of the heavens with chemicals
(to produce chem-trails) should know at once that there is a weather
modification scheme underway. Surely,
the fat cats are directing it and will profit from it.
Frankly,
my personal guess is that the plutocrats are using the weather modification
methods for several reasons—one of which is to manipulate the grain and other
food markets in order to reap more and more profits from us suckers who
continually vote to allow them this latitude.
Though
there is this manipulation and though the USDA and the media lie to us regularly
about the status of food production, it is factually true that (1) we no longer
have any reserves; (2) the world’s population and demand for food is growing
daily; and (3) from the fat cat weather manipulations, they are screwing up the
weather so that a real weather problem will soon be on us. These things combine to enhance the potential
appeal of food items for investment purposes.
Besides
the weather manipulations, there is one more real bad feature of investing in
the food items. Simply stated, there
will be price controls in the future as reserve stocks diminish. Big Brother is not going to allow investors
or farmers to make much money on wheat, corn or beans.
There
is another issue on food. It becomes a
moral question since our food supply is so polluted and bad for human
consumption. Can a moral person invest
in beans which are both genetically modified into something bad or questionable
and covered with poisons from the constant spraying of pesticides and poisons
on them? The moral issue has to be
addressed.
Next,
should I invest in currencies, bonds, stocks and other intangibles? Well, the dollar and dollar related items like
stocks and bonds have no future in the coming hyper inflation environment now
on the drawing boards.
Foreign
currencies and intangibles are similar in someway to the dollar assets. For me, I think it would be a mistake to put
money into Great Britain. Certainly,
only an idiot would invest much in most of Latin America and/or Africa south of
the Sahara (I wouldn’t even now buy South African gold stocks). Maybe Canada and Australia offer some present
possibilities; and some parts of Asia might be acceptable.
Omitting
the political dangers, China, Singapore and Malaysia might be alright. Scandinavia, Russia and possibly Switzerland
offer possibilities as their currencies evidently will not go down the tubes as
will the dollar and British pound. Switzerland used to have a gold-backed, strong
Franc. But with the removal of its
statutory gold backing, one has to wonder how long it will last before the
plutocrats destroy it as well.
So
that leaves gold and silver as the best options for me to address for
investments. Therefore I will invest in
gold and silver as a priority one except as I am limited by lack of funds,
unreasonably high prices and fear that the manipulators will soon strike to collapse
the prices down even further than they are at a given time (we can be sure that
as of today, the manipulators are not through with gold and silver).
Thus,
gold and silver must be number one for me to address and even in the current
state of affairs where the plutocrats are trying to destroy the precious metals
markets.
Buying for Physical Possession in the
US and Similar States
Several
market analysts are beginning to suggest that gold/silver investors buy gold
for physical possession in the here and now in the US or in other states facing
a financial collapse (here, my remarks are in the context of paying cash for
them and not on credit or on margin).
I
agree that I want some gold/silver on hand at all times. But I differ on the idea because my focus is
not on owning it as an investment; but rather as an escape fund if the US
situation deteriorates and I must leave America or any other potentially Big
Brother state facing a financial or monetary collapse.
Frankly,
I believe we face not only a gigantic market/monetary collapse (possibly this
will be the biggest and greatest collapse in all of history) but WWIII, martial
law, coming anarchy and a coming hostile invasion (which could come as late as
2010-2012). Persons with brains must
begin to think about leaving. An escape
fund of a few gold or silver coins could be the best way out. In fact, it might be that a few gold/silver
coins are the only way out.
But
there is one prime limitation to consider in even broaching personal ownership
of gold or silver in particularly the US and likely also similar states which
face a monetary collapse. The problem is
simply that the Big Brother state will inevitably make a call for all gold and
silver in the possession of its citizens.
Yes,
one night the thought police will knock on doors (or break down doors) to collect
not only gold and silver but also our guns and any extra supplies of food we
may have set back for a rainy day. This
will automatically occur with the installation of martial law. Friend, the plans are already prepared for
that eventual time. Categorically, it is
on the way—not whether but only when will it happen.
For
me, this coming reality is a prime reason that I must make plans on leaving any
state which has the same future of destruction.
A few gold and silver coins could be the ticket out! In the present context, some gold and silver
coins can be acquired with ease. Junk
silver coins in particular are still available and comparatively cheap in
price.
Buying for Physical Possession in a
Foreign Secure Area
In
order to avoid the hassle of facing margin calls and collapsing gold and silver
prices from market manipulations by the fat cats, it is totally reasonable for
me to invest my few nickels and dimes in physical gold/silver (and on a cash
basis) if it can be stored and secured in an area not subject to the manipulation
and control of a Big Brother state like the US.
It
seems that Switzerland and probably some of the Scandinavian states offer about
the only options here. I certainly have
no intention on storing any gold in the US, in Latin America, Africa or Britain. My only problem so far on this option is that
I simply don’t have the money to buy any gold and store it overseas. If I do, I shall do so.
While
I believe that some physical gold stored in a secure account overseas is an
intelligent move, this could be a problem to implement for some persons. If there are obstacles, then a Swiss or
Scandinavian bank account in Swiss Francs or EUROS might be a suitable
substitute alternative. Malaysia or
Singapore might possibly be acceptable places for either stored physical gold
or a secure bank account.
My
mention of having a secure foreign bank account deserves some further
remarks. The problem is that when the
collapse comes, be assured that the US government and similar governments in
other states with a collapse (certainly the UK and possibly Canada and much of
the EU) will move at once to impose restrictions and limitations on the
movement of cash, capital and assets out of the country.
The
so-called off shore tax havens are not going to offer any security when the big
blow off occurs. While some of these
places look good presently from the tax perspective, I do not look at them as
having any real stability or security in case of great global trouble.
Thus,
when the collapse comes, the most that one can hope for is to be able to get
himself and his family out safely with the few personal items that they can
carry in their own hands. If a person
tries to get out with cash or other assets, it will be no way Jose/Hose. That’s why a prudent, thinking person will
make preparations in advance of the coming collapse.
Making
preparations in advance means getting one’s gold, cash and other assets out
before the collapse and before the imposition of restrictions on the movement
of capital by the Big Brother state. Persons
waiting for a move to safety after trouble commences may not be able to make
it.
Buying Stocks
When
I was first exposed to the benefits of gold and silver, someone told me that gold
and silver stock owners not only own the gold and silver they have on hand but
also the gold and silver available to them which is still in the ground. Therefore, gold and silver stocks are good
investments. There aren’t many drawbacks
to them unless one buys them at ridiculous highs or buys them on margin and
faces a margin call.
So
while I would buy gold and silver stocks, I would prefer to pay for them and
not face a margin call. Of course, if I
can be an informed investor, I will want to buy such stocks when they are at a
low price and not at a high one (for a fact, they are at a low price now;
though the fat cats may further bust them down some more in the coming days).
US
gold and silver stocks are probably as good as one can do in the US since it’s
hard to fathom that the Big Brother state would attempt price controls on such
production. A bankrupt state like the US
will want and encourage all the gold and silver production possible to pay off
some of its foreign debts. Too, there
are presently all kinds of gold and silver stocks available at very low prices
in terms of what can happen with gold and silver.
Of
course, with my anticipation of WWIII and anarchy, there are some limitations
on me investing in US gold and silver stocks.
If I planned on staying here when the serious trouble strikes, maybe
large gold/silver stock investments would be good. But I have hopes of getting out before the US
state ends. So I don’t want all or even
much of my limited money stuck in a US gold or silver mine.
The
same reasoning applies with me trying to own gold or silver stocks in a foreign
country. I think it would be madness to
invest in unstable government areas like portions of Latin America or
Africa. Many years ago, I bought some South
African gold stocks. I wouldn’t do it
today—no way, Jose/Hose!
But
the problem we face with foreign countries is that there are not many places
where the government and people are sufficiently stable and secure that I could
choose to buy their gold and silver stocks.
Maybe there are a few places in Asia.
I might buy such stocks in China or Malaysia. Scandinavia, Switzerland, Canada and
Australia are acceptable. Russia even
offers possibilities. But I would be
very careful.
Buying Gold
and Silver Indexes
In
a general sense I would buy gold/silver indexes on a regulated exchange where I
can have confidence in their regulation and integrity. The American Stock Exchange has a gold mining
index fund (symbol HUI). The
Philadelphia Stock Exchange has a gold index fund (XAU). I am interested in any such items. But not having any money to speak of, I have
not really been in any position to buy these issues as I would like to do.
Buying Gold and Silver Mutual Funds
Buying
gold or silver mutual funds is about the same for me as buying gold/silver
stock indexes. If I had the money, if
the price was right (that is at a lower level and not unreasonably up) and if
the fund was regulated and supervised I certainly would consider such an
investment for my portfolio.
Buying Into Exchange Traded Funds
For
me to buy an ETF, I would have to approach the question very carefully. Simply stated there are too many allegations
of dishonesty going on in the ETFs. The
principle sounds good. But maybe the
good idea has not been working out.
While not technically an ETF, there is a Central Fund of Canada (CEF)
which holds gold and silver bullion. It
seems to offer better prospects than the usual ETF.
Buying Futures’ Options
In
past years I have bought some gold and silver options. With all of the manipulation by the fat cats,
there aren’t many courses or possibilities for me to consider in order to avoid
a margin call on a collapsed market. Yet
there are drawbacks on almost any path one may choose.
First,
the big banks write most of these options.
It’s hard for a little guy like me to ever win a hand dealt by and
controlled by Goldman Sachs. I’m not
saying it can’t be done. But I am saying
that it is highly unlikely.
Next,
there is the matter of buying such an option at the right price. If I should come in at a high price, it would
be hard to make money on it before it expires. Many of these options are extremely expensive
to purchase (and even presently despite the alleged curtailments in prices).
Last,
it is utterly useless for me to try to buy an option as a long term
investor. I have done this before and I
have always lost money. Amazingly, if I
had been a trader with a plan to sell and take some profits, I could have made
some money on gold and silver options.
But always the greed overtakes me and I choose to wait, thinking the
price will be even higher in later days.
Actually,
I did the same thing with some wheat options last year. I bought some far out wheat options at 15
cents per bushel. With the grain flap
last February 2008, I could have sold them for $2.00 per bushel. But I stupidly waited; not understanding that
the market manipulators were controlling the grain markets just like they
control the gold market. It was the manipulators
who ran grain prices up in February and crashed them in the spring.
In
early June, I bought some Sep 08 wheat options at a fairly good price. When we had that explosion up with the summer
floods in the Midwest, I could have sold my wheat options with a real nice
profit. But I waited thinking that wheat
had to go up further in price. Well, the
manipulators ran it up with the flood and then quickly spiked it back
down. I had to sell my options at a
loss.
With
the market manipulators busy making the markets go up and down with some
regularity, the only way to play options is to be a trader. I must buy them right and sell them whenever
a good price spike happens. This means I
must spend some time watching the markets to determine highs and lows. If I follow this practice, I might make a
little money on options—to include gold and silver options.
Buying Futures’ Contracts as an
Investor
My
approach to the futures markets has been with the wrong attitude. I seem to always buy and want to hold for the
long term. This won’t work because the manipulators
will manipulate the market up and down over time. And if they are short, as they approach the last
trading day (when a contract expires), rest assured that they will work with
the PPT to crash the item so that they are protected (as they have done with
gold and silver the past week, to precede the last trading days coming up on
Oct 28-29).
When
I am sitting and watching these market moves and hoping for the better, I always
lose.
I
have pretty well determined that for the most part I should not be an investor
in the futures’ markets. Alex
Wallenwein, in his Euro vs. Dollar Gold Monitor newsletter, advises his readers
to completely stay out of the futures markets and the games they play. This is good advice.
When
I can have some assurance on the long term fundamentals on an item, I might on
a rare occasion consider buying some futures on it if the price is right (that
is with a low price from the crashing work of the manipulators) and hold it if
I have more than enough cash to cover it in any future margin calls. Frankly, I have had to sell both gold and
silver and lose money when I was caught in the grips of the manipulators and margin
calls. This is a horrible place to be
in.
But
whatever I do in this matter, it will be very limited (maybe one contract in
the future) and only if I have more than enough money to cover it in the advent
the manipulators crash the item ridiculously down. Presently, I am in no mood to put money into
the futures markets for investment purposes.
Since
I usually shouldn’t even be in the futures market as an investor, I don’t have
to address stops. But if I am in this market,
for whatever reason, then stops are relevant. For many persons, they use stops to protect
their gains or cut their losses. Thus,
stops should be used in the context of a futures trader.
But
one must be careful of stops in the vein of a long term investment because the
manipulators often use very short term spikes up or down to take out stops that
they want to own. I have been hurt by
them several times on my so-called long term gold investments. For an investor, it means that the
manipulators can take out the investment position in a single strike. So when using stops, one must be careful
where to place them.
Buying Futures’ Contracts as a Trader
For
me, if I am to do anything in the futures markets with gold or silver, I must
adopt an attitude of being a trader—that is buy with the manipulators when they
have crashed commodities down and sell with them when they have spiked them
back up and brought in the suckers at peak prices to unload their longs. This mind set should continue until such time
that the manipulating plutocrats lose control (and this will surely happen one
day).
I
think I can make some money as a trader if I can have some reliable information
on the dates when the manipulators will strike.
Right now, they seem to be hitting about every week or two. And they don’t always go directly up and
down. Some spike dates actually involve
merely an intensification of the trend underway.
Presently,
it seems that they have a deflationary motion underway for almost all commodities
(to include gold and silver). In this
environment, it probably is a good idea to completely stay out of the markets
until there is a change in direction.
And
except for the dollar and anti-dollar gold and silver, it is not always clear
to me right now (assuming I am tipped off on their hit dates) what items they
will hit or boost or how much they will be altered. Knowing the timing of the manipulators is
crucial for anyone trying to play in the futures markets.
There
is also the matter of where to play stops to protect gains or losses. The manipulators monitor the markets
carefully and can easily cause a spike up or down to take out stops (especially
tight stops).
Too,
the manipulators have a practice of making fake and false moves (with bull and
bear traps) which fool the suckers trying to enter the market in a synchronized
fashion with their up and down hits. I
think the situation with the anti-dollar items the week of Aug 11, 2008 likely
involved one of their traps. And again during
the week of Aug 18, they spiked up anti-dollar items in a fake move to also
start them back down by Friday and collapse them the next week.
In
a way, it is proving to be very prudent for me to either just not be in the
futures markets or be very, very careful in doing anything there. The leverage and potential for profits is great
and enticing. But I am going against
expert manipulators and controllers who have been at this business for much of
the last 4,000 years. In dealing with them,
it seems to be true that one will lose.
The Bottom
Line
In terms of what my own investing stance should be, may I
repeat some words from the Goldsmiths, Part IX, viz: My favorite description of the process on how
the plutocrats manipulate the financial markets to manipulate and cheat us is
to say that they get up early in the mornings and start making their plans
daily on how they are going to defraud and cheat us (while the rest of us are
still asleep in bed).
An acquaintance of mine put it slightly different by saying
that whenever we enter into a financial transaction with one of these persons,
we lose. And that tells the tale. If a person like me tries to play on the
field with the Rothschilds, Lazards, Warburgs, JP Morgan-Chase or Goldman
Sachs, there is about a 99.99% chance that they win and I lose.
For More
Reading/Information
For
more reading on this issue, the reader may wish to check these sources:
The bestseller: “None Dare Call It
Conspiracy,” by Gary Allen and Larry Abraham, first published in 1971, still
available on eBay, Amazon and other book outlets.
“Conspirators’
Hierarchy: The Story of the Committee of 300”: by Dr John Coleman. Order from World in Review, 2533 N Carson St,
Carson City, NV 89706, phone 1-800-942-0821.
“Tragedy
and Hope,” by Carroll Quigley. At the
1992 Democrat Convention, Bill Clinton’s acceptance speech cited Quigley as
Clinton’s mentor.
An
Internet presentation on the Plutocrats, at Volume XXII of “Ezekiel and YHWH’s
Judgment for the Good People,” at www.age-end.com
on the net.
The author of this article is not involved in the securities
or financial market business and has no financial interest in presenting the
information herein. Therefore, the
preceding information on this subject is presented for general information only
and not for purposes of investment advise or recommendations. What the reader does on investments is his
own personal decision and responsibility.
Finally, the writer of this series is a retired CPA, living
in the Idaho Mountains, and still optimistic for the future of gold and
silver. He is also a veteran of the
Korean and Vietnamese Wars.
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go to the home page of www.analysis-news.com.