Get Rich Quick – The Golden Fleece

The Golden Fleece – or 3 Ways to “Get-Rich-Quick”

1. Buy a few congresspersons, or preferably a president, and obtain a “no-bid” contract to provide something to the government at a huge markup. It could be Tamiflu vaccine, security services in Iraq, TSA scanners, private prisons or so many other schemes.  The profits can be enormous to the point that payoffs to politicians are insignificant.  This works especially well if you are a member of the financial elite.
2. Let the Federal Reserve ship several billion dollars in shrink-wrapped one hundred dollars bills to you, and exempt yourself from accountability. This worked in Iraq – link here.
3. Saving the best for last … Convert paper currencies into gold. 

One scenario is:

1. Setup: Buy congresspersons,  a president, prime minister, king or war lord.  Create a central bank with an exclusive right to print paper currencies.  Loan newly printed currency to the government and collect the interest.
2. The Business: Loan newly printed paper currencies (pounds, dollars, euros etc.) to governments and businesses, but demand the interest be paid to the bank in gold.  Voila!  Paper has been created and converted to gold.
3. The Next Phase: Convince the government to declare it illegal for citizens to own gold.  Confiscate gold from citizens and build a storage facility to store the gold (such as the Fort Knox Bullion Depository).  Print dollars, ship them to Europe, return them to the US government and collect gold in exchange for paper dollars.  Ship the gold to a private European vault.
4. Maximize the Scam: Central banks “lease” gold to “bullion banks” and bankers and the elite privately buy that gold with paper currencies.  Paper has been converted to gold again.
5. Escalate Politically: Encourage war-mongering politicians to invade other countries known to have stockpiles of gold, confiscate the gold, deposit it into central banker vaults, and sell or lease the gold to the elite and private bankers who ship it to off-shore vaults.  Taxpayers pay for the war and bankers get the gold.
6. Promotion: Encourage other countries to store their gold in Central Bank vaults and secretly sell that gold to individuals and bankers who store it in private off-shore vaults.
7. End Game: Print massive quantities of digital currencies via QE and other “something from nothing” scams, and buy silver after most government and central bank gold has been shipped to private vaults and China.

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DISCLAIMER:  Some or all of these may be illegal so the above schemes are merely examples of things that might occur, but we are not recommending them, or even stating that they have occurred.  Consult with your attorneys, lobbyists, and politicians before attempting any of the above “get-rich-quick” schemes.

ALTERNATE PLAN:

Buy gold, buy silver, and have faith that our central bankers and politicians will continue to “print” currencies, monetize debt, extend and pretend, and devalue their currencies, thereby forcing the prices for gold and silver multiples higher.  Precious metals will retain their purchasing power while paper assets denominated in mini-dollars, mini-euros, and mini-pounds decline and occasionally crash.

Gary Christenson

The Deviant Investor