first majestic silver

Don’t Get Left Out Of The Gold

July 3, 2013

“I see in the near future a crisis approaching. It unnerves me and causes me to tremble for the safety of my country. The money powers preys upon the nation in times of peace and conspires against it in times of adversity. It is more despotic than a monarchy, more insolent than autocracy, more selfish than bureaucracy.  It denounces, as public enemies, all who question its methods or throw light upon its crimes.  I have two great enemies, the Southern Army in front of me and the financial institutions at the rear.  The latter is my greatest foe.  Corporations have been enthroned, and an era of corruption in high places will follow, and the money power of the country will endeavor to prolong its reign by working upon the prejudices of the people until the wealth is aggregated in the hands of a few, and the Republic is destroyed.”   Abraham Lincoln

The Federal Reserve is the instrument the powered elites created to transfer wealth from the many to the few.   It was allowed to be set into motion a hundred years ago when the U.S. was the largest creditor nation in the world and possessed a large, growing middle class.  That middle class was upwardly mobile, created jobs and saved their wealth.  Today that middle class is rapidly disappearing.   The Fed has done what Woodrow Wilson said it would, “It has stolen the money from the working middle class and given it to a select few.”  Debt was the tool and it’s no accident that the U.S. is now the largest debtor nation on earth.  The Fed is the “company store,” dispensing debt with the purpose of enslaving a nation.  The average American is caught in its web of involuntary servitude, with diminishing rights under the law. Americans have more debt per person than any one of the current European nations currently in trouble.   

Today we see the privately owned Federal Reserve taking down gold and silver to fool the common man into believing that there is no safe haven for his dollar other than paper investments.  They direct and orchestrate by setting up market conditions to short the market so insiders can profit for themselves to recapitalize their banks that are in trouble.  The citizenry is deluded into believing their 401ks, pension plans and stocks are safe investments in a deteriorating economy and destroyed ones faith in owning gold and silver.

Have you yourself considered changing your attitude about purchasing anymore precious metals based on the news of gold and silver prices dropping? Were you considering capitulating and selling your hard assets?  Don’t be fooled by this chicanery, don’t allow your hard earned wealth to evaporate overnight when the banks close, the stock market crashes and your electronic debit and credit cards are turned off, because they will be turned off!  The latest drop in gold may not have been the bottom of $1155 or $1089 you had been waiting for.  Only a small percentage of people actually realized the opportunity and seized the moment.  If you didn’t and there is one more drop in prices of gold and silver, I suspect, it will be your last opportunity to buy before the price goes back up for good.

Understand this, gold and silver are self backed, unfortunately they are dependent on the future markets for prices.  Today markets are manipulated when millions of ounces of “non-existent silver or gold” in the futures markets are bought and sold, this makes the prices of real silver and gold go up or down.  Physical things cannot be manipulated or controlled forever and costs to make tangible things, cannot be changed as they require dollars to produce.  The recent drop in the price of gold and silver to a 2 year low is excessive and simply does not correspond to the costs of production and the current world reality.  Today it costs around $1130 to $1190 to produce an ounce of gold when one takes into account the costs to mine, refine, manufacture, and distribute.  Costs will continue to rise because of the declining value of the dollar while all tangible assets must rise in value.  All efforts to control and manipulate can only last so long before the “ruse is up”.  A savings account paying less than 1% interest, in declining dollars, makes as much sense as storing water in a leaky bucket.

The too late tactic by the Fed and Central Banks was to inflate the stock market through printing which drops the price of gold and silver.  This reassures the public’s faith in paper by pumping up stock prices even while all economic indicators deteriorate and now raises the dollar destroying faith in precious metals.  So far, the strategy has worked. My customers believe in their technical analysis, but does it hold true today in our rigged markets?  Typically during inflationary times stock and commodity asset prices rise together.  That is not what is happening.  Today we have falling bond prices and commodities while interest rates are rising, the dollar is rising which points to a deflationary period for the time being. Customers continue to show me charts that show trends and these extreme patterns are still holding true.   BEWARE!  Today we are seeing an extreme trend in stocks.  Whenever an extreme trend becomes apparent it always reverses, it’s just a matter of time. This tells us that stocks will soon crash and precious metals will likewise skyrocket!

In all bear markets at the top of the market there is huge volume of buying, but when the bubble bursts and the market declines, volume disappears.  Today, in the Eastern world, just the opposite is taking place.  Physical buying in the Asian countries has quadrupled from past years.  How can buying increase in a bear market?  It can in a disconnected manipulated market.  Most Americans, 90% have never experienced the failure of a fiat currency and only 2% own any physical metals.  They simply have no experience and ignore that it is a possibility as they place their full faith in the elites system.  

Many frustrated gold and silver investors today are searching for any information that supports holding onto their silver and gold.  The simple rule of thumb when investing is always the same, if you feel euphoric sell, and if you feel sick to your stomach it’s time to buy.  The fundamental reasoning for owning silver and gold are better than ever even though the paper price does not show it.  The most important thing to understand is gold and silver are valuable stores of trade-able value.  Just like the food, personal products, ammo and guns the populace has been buying up.  Fuel and energy needs are difficult to store so how will you manage to access them when prices skyrocket?

http://www.kingworldnews.com/kingworldnews/KWN_DailyWeb/Entries/2013/5/15_This_Catastrophic_Situation_Is_Entering_The_Terminal_Phase.html

Don’t ever forget the Federal Reserve’s plan is to make their debt disappear at your expense.  There is simply too much debt and it has to be cancelled by massive defaults or by inflation.  What Americans will get is a variety of prescribed cures that will end up, like big Pharma meds, killing us instead; increased interest rates, massive defaults, massive inflation, higher taxes, “bail-ins” and the confiscation of IRA’s and pensions. 

Since inflation hasn’t happened the Federal Reserve will switch gears to Q-FInity.   This new taper, tamper and trick maneuver may well be their last trick once they have their plans in place.  What happens next will be the evisceration of Americans.  The FDIC’s regulation dated December 2012 will be imposed as the less important banks fail and are swallowed up by the systemically important ones.   http://www.fdic.gov/about/srac/2012/gsifi.pdf    It will be Cyprus in the U.S. with even the same language; bail in’s, haircuts and write down of balances.  Housing valuations will again tumble, as well as the stock market, another round of foreclosures, even more unemployment and the final wealth transfer from the middle class to the .001%.

Remember the Basal lll requirements set in July of 2012 were allowed to be deferred temporarily at the behest of the big central banks.  Now the beat down of gold and silver has allowed them to recapitalize their banks.  When they have accomplished this mission (cheating their way there through market manipulation) those banks that don’t meet the correct asset to debt ratios will be wiped from the earth.  Only a few, even bigger banks will remain.  The FDIC document states, “Systemically important banks will be deemed too big to fail and will be bailed in with share holder accounts.”  The FDIC won’t bail out the banks, it will be the depositors left to accomplish that.  Next your governments addiction to free spending debt will be all but wiped out when you once again subsidize the government this time with your IRA’s and pensions.   The Fed will simply print and give the money to the Department of the Treasury, dispensing entirely with the formality of creating debt because they have no intention of ever paying their debt.  They will not have defaulted in their eyes, but I guarantee the world won’t see it that way and no longer will any country in the world want our dollar.  The next tsunami will be started as dollars sweep back into the U.S. and inflation comes unmasked with too many dollars chasing too few goods.  It will go on all over the world as the common man, woman and child suffer.  Then, once again, they will be forced to the street.  

If you are already into stacking, continue, don’t capitulate now.  I guarantee you are going to love me when this train wreck happens!  To those of you that are sitting on the sidelines I say, make the move to get out of your paper.  Can’t you see their manipulation of you as they will even use God to manipulate the citizenry by printing “In God We Trust” on each monopoly dollar?  Don’t get left holding the bag.  You will need to feed your family, house them, clothe them and continue to live.  These are simply abnormal times that require abnormal moves like a chess match.  Gold and silver are real money and always have been.  Fiat currency always fails, as history has always proven.  Do you really want to take that chance with your life’s savings and risk your family’s survival by keeping all your eggs in one basket?  If you haven’t already started this may well be the last opportunity you will get to switch egg baskets.  How it ends will not be pretty so prepare your-self and your family before it’s too late by purchasing silver and gold.

State-owned public banks could take the power away from the big banks, and give it back to the people as the Founding Fathers intended, Abraham Lincoln attempted and John F. Kennedy had set in motion but the powered elites will never allow that to happen.

 

********

Roxanne Lewis is a precious metals broker and business woman in western Colorado dedicated to educating others to protect themselves and their family’s assets.  She writes weekly articles @ www.whynotgold.com under her weekly BLOG and ARCHIVED articles of the past.  VISIT her website that features VISIBLE, CONSTANTLY changing pricing every 15 sec. from the COMEX.  Find out why customers say, “I’ll be back.  You have the lowest prices I have ever found!”  She may be reached @ [email protected]

Roxy Lewis writes articles at www.whynotgold.com  a Better Business A+ rated reputable brokerage offering silver and gold at transparent pricing at just 1% or less commission. I hold a B.S. Degree from Iowa State University and 35 years’ experience in human resources, management, investments, personal property development and entrepreneurial business development. I write to awaken and educate the populace to become self-sufficient and abandon and remove themselves from a failing system in order to defend and preserve their life’s assets.

I write articles @ www.whynotgold.com  under ROXY’S COLUMN and ARCHIVED articles of the past. VISIT my site also at www.gold-eagle.com  and may be reached at @ 1-888-Y Not GOLD or [email protected] . See all old archived articles under TOP ANALYSTS tab / Roxy Lewis!


China is the world’s biggest gold producer with more than 355 tons annually. Australia is second.
Top 5 Best Gold IRA Companies

Gold Eagle twitter                Like Gold Eagle on Facebook