GUNS AND SILVERCopyright June 2003 Charles Savoie
The first thing the reader wants to know is, what is the link or
association between guns and silver. For the sake of Constitutional rights, I
intend to show what the connections are, and that those in the law abiding
gun ownership community have things in common with silver investors, and vice
versa. All Constitutional rights are interrelated to each other in the same
way that the bodies various organs are related. To stress the health of the
heart while ignoring the liver is to invite trouble. Or think of it as the
point that it's not enough to monitor a vehicle's oil while overlooking the
condition of other systems like the radiator and brakes. This essay is
directed at gun owners who haven't financially protected themselves by owning
precious metal. It is also a message to metal investors who have no guns,
that they should consider owning one as a specialized insurance policy. As the
outlaw in "Hombre" (1967) told the man who he was forcing to give
up his stagecoach ticket---
"You ain't wearing a gun---you better get one!"
Anyone who owns silver, gold or platinum, might also be a gun owner,
with the intent of being able to safeguard the precious metals. Of course,
being able to protect oneself and family members is a recognized greater
concern. The graphic scene in "Death Wish" (1974) with Charles
Bronson as architect Paul Kersey where his wife is murdered and his daughter
raped in an apartment break in by a gang of thugs illustrates the need for
home defense. It was like a return to another era watching him travel to
Arizona where a colleague who had "wild West" values gave him a
revolver. Shortly after the "right to carry" law was passed in
Texas, there was an incident of a 300 pound bully who was going to beat the
hell out of a smaller fellow, except that the intended victim fatally shot
the aggressor in the chest and was cleared of wrong doing! I was once told by
a very religious man that he wouldn't shoot an intruder bent on killing his
family, because it would prevent the aggressor from being, as he said,
"saved." "Thunder In The East" (Alan Ladd, 1953) was the
story of a nonviolent Hindu religious leader who had machine guns but refused
to use them against invaders. After they cut off his left hand he changed his
mind, and he and Alan Ladd came out blazing away, perfectly assured it was
the right thing to do! Being able to defend against burglars, killers and
other violent criminals and thieves is admittedly more important than owning
precious metal and being able to protect it from theft. As Clint Eastwood
said in "Unforgiven" (1992) of an unfortunate western bad man---
"Well he should have armed himself!"
However, with perspective in context, it should be realized that just
as owning a firearm for defensive purposes is a form of legitimate power,
owning silver and other precious metals is also a form of legitimate power.
Precious metals ownership is financial power---real power that cannot be
neutralized, unlike unbacked paper currency, which can be inflated to the
point of worthlessness. I suggest that while gun owners have been vigorously
defending their Second Amendment rights ("the right of the people to
keep and bear arms shall not be infringed") their financial rights have
been under dangerous attack for many years through Federal Reserve sponsored
monetary inflation. The Associated Press, May 9, 2003, reported Fed chairman
Greenspan disputes Warren Buffett's warning that derivatives are a menace to
the financial system. Buffett bought 130 million ounces of silver in 1997 and
is recognized as the best money manager in the world. Greenspan on the other
hand was associated with the predecessor of JPMorganChase, the largest holder
of derivatives worldwide---some $24 trillion at last check! That amounts to
something like 700 times their capital! As a well-known commodity trading
warning says---
"The use of leverage can lead to losses as well as gains."
The self-interest on Greenspan's part is glaringly evident! The Wall
Streeters intend you to stand good for their losses, with warnings like
JPMorganChase is too big to be allowed to sink. Greenspan, either a Mellon
family agent or a liaison to them---he was an ALCOA director, and was
decorated a Knight Commander of the British Empire in 2002---continuing the
links of Mellons like Andrew Mellon to the British Empire, of whom the late
Congressman Wright Patman said ("Banketeering, Bonuseering,
Melloneering," 1934)---
"Illegally acquired more property to satisfy his personal
greed than any other person on earth."
On February 6, 1929, Montagu Norman, Governor of the Bank of England,
visited three time Treasury Secretary Mellon in Washington, where the British
burned the White House during the War of 1812. (The British invasion was a
response to the failure of Congress to renew the 20 year charter of the Bank
of the United States---our first Federal Reserve System---in 1811, thanks to
the efforts of James Madison and Thomas Jefferson, who believed such
institutions represented dangerous concentration of power.) In 1816 the
notorious Bank of the United States was rechartered for a 20-year period, but
upon election in 1828 Andrew Jackson vowed to get rid of it. He did so by
withdrawing government funds and in 1832 he vetoed a bill to extend its
charter. The Bank manipulated credit and loans to ruin its political
opponents. Jackson, who had the support of most Americans, prevailed, and
under his administration not only was the national debt erased but we had a
surplus for the first and only time in our history! Just after this 1929
meeting of Mellon and Norman---whose predecessors operated the old Bank of
the United States---the Federal Reserve Board altered its loose credit policy
and started raising the discount rate. After pumping the stock market up for
about seven years, these insiders took steps to make it collapse.
Not coincidentally, Mellon bought megamillions of depressed shares in
many industries after the collapse. His colleague Mr. Norman was called the
"currency dictator of Europe" (Wall Street Journal, November 11,
1927). What was taking place then is recurring now with different twists, but
it all adds up to transfer of your wealth to this power elite! Greenspan was
also a director of Capital Cities/ABC, which is why you don't hear reports
like this one from such sources! Let them read this, their faces will contort
into something worse than what all the worlds plastic surgeons could fix!
These arcane OTC ("over the counter") unregulated derivatives cover
many areas of finance---interest rates, gold, silver, energy, currencies and
others. Unleashing these hyperleveraged derivatives is like driving needles
into Voodoo kewpie dolls and killing a real person---in this case, the middle
class! This is a financial powder keg waiting to explode, and it reminds you
of the drunk in "The Alamo" (1960) who placed a burning torch near
a keg of black gunpowder so he could read the writing on it, whereupon John
Wayne (Davy Crockett) shoved him away and said---
"Stand back and stand still!"
Adding to the hypocrisy of defending derivatives is the fact that Susan
Schmidt Bies, a current Federal Reserve System governor, is also active with
the End Users of Derivatives Association. (If a satirical thinker would have
had to merely conjecture her name from the photo, he might have guessed
"Bumpy Sneersnot" or "Gregoria Yoots.") George Kennedy's
remarks to Clint Eastwood about a shady operator in "The Eiger
Sanction" (1975) fit Greenspan---
"He looks like he could change a $9 bill in threes!"
A rank and file employee of JPMorganChase financial services colossus
might say the same thing Lee Marvin as Major Reisman said in "The Dirty
Dozen"---
"One of the men we're working for has to be a raving
lunatic!"
The dialogue between the Chinese gangster and Paladin, the man in black
gunfighter in "Have Gun, Will Travel," aired on March 5, 1960
("The Hatchet Man") would serve well as an exchange between a
manipulative Wall Streeter and us---
"What is the right place for me? San Quentin prison!"
Those who would take away your guns are often the same ones who oppose
a return to Constitutional money---gold and silver! Like Paladin, are you a
"knight without armor in a savage land," but like most Americans,
are you "without silver in a savage economy?" The ceiling on the
national debt has been raised to nearly $7.5 trillion---7500 billionaires!
What kind of financial train wreck does such a debt, added to private debt,
culminate in? Do you understand that the prospect exists that your wealth,
denominated in printing press currency, could become near worthless---while
precious metals are fully immune from such a consequence? Do your Senator and
Congressman really care about your financial future, or do they form an unholy
trinity with Greenspan? Can we ask of them what Paladin asked the three
desperados in "Treasure Trail" ("Have Gun, Will Travel,"
January 24, 1959)---
"Did you three get honorable discharges or did you
climb over the stockade wall?"
I notice an item at the NRA website to the effect that the owner of a
gun store in Indiana was refused credit by Chase Bank because they allegedly
have a policy against doing business in that sector. This is the same
institution that has been in the forefront of suppressing silver and gold
prices, and they intend the public to pay for their activities. There is an
elite with links to British counterparts intermarried with old European
royalty dating to medieval feudalism, many of its members nearly unknown to
the public, who exist to siphon wealth away from non-allied rich and the
middle class. If air were distributed like money, these operators would be
living in a wind tunnel and many Americans would be in a vacuum. So, you must
be concerned with all your Constitutional rights, rather than focusing on one
while termites are eating away at others. This isn't an attempt to distract
you from the Second Amendment. It's an attempt to alert you as to erosion of
your financial protection and what you can do about it. In "The Magnificent
Seven" (1960) one of the seven heroes believes he's gone into Mexico to
take a gold mine from bandits, while Steve McQueen told the bandit leader
Calvera---
"We deal in lead!"
There are always dangerous people in society, making guns necessary for
self-defense---but don't forget financial protection! As Alan Ladd said to
the gangster (Edward G. Robinson) in "Hell On Frisco Bay" (1956)---
"I'd like to kill you so bad I can taste it!"
TWO TYPES OF PROTECTION---GUNS & SILVER!
You are reading this from someone who believes in gun ownership. Near
the end of my junior high school days in spring 1969, as I was walking home
from the bus stop, a group of 3 high school boys in a white Volkswagen hurled
a cup containing ice cold coca-cola onto my back, drenching my shirt and
laughing as they raced off. Infuriated, I raised a fist in the air and yelled
for them to come back. As they shifted into reverse I realized I would be
seriously outmatched. I ran home, and they followed me, stopping in the
street while watching the house. I came out fast with a 22 rifle---all the
firepower we had---and advised the leader of the hooligans to come into the
yard so I could shoot him. He declined and they took off, probably surprised
at the resistance they encountered. Next year I was in high school gym class
with the bully and guess what---all year long he never said one word to me
and didn't even look at me sideways! Easier pickings is what he was looking
for. If I would have had Chuck Connors as rancher Lucas McCain of North Fork,
New Mexico in "The Rifleman" (1958-1963) with me, I could have said
what he told an outlaw in an episode---
"Don't try it Tom! I've got enough firepower here to cut you in
half!"
Or as Richard Boone as Paladin said in "Have Gun, Will
Travel" May 25, 1961---
"I make a very reluctant victim!"
In "The War Wagon" (1967) lines between Kirk Douglas and John
Wayne sound like two gun owners comparing notes after shooting armed
robbers---
"Mine hit the ground first! Mine was taller!"
In the 1970 western "Chisum" starring John Wayne as a New
Mexico cattle baron, a scene has him and his men confronting a Mexican bandit
who rustled a herd of his horses. The bandit proposed selling Mr. Chisum's
horses back to him and the dialogue followed---
"Did you bring any gold? Nope! Silver? Just lead!
With lead you cannot buy anything!"
The United States is facing a possible hyperinflationary period, and
the dollar has been losing value against other currencies such as the Euro
and even the Canadian dollar. Financial power and economic stability is
shifting out of the United States because of unchecked printing press
"money." If you have protected yourself by having a firearm and
knowing how to use it, you have acted wisely. If you have failed to protect
your finances by owning gold or silver, or an interest in unhedged companies
that mine them, you have a giant area of vulnerability and at the risk of
sounding alarmist; you are going to suffer badly in the months and years
ahead. As Lee Marvin as Major Reisman said in "The Dirty Dozen"
(1967)---
"You'll be worked to death and there's not a beating you won't
take!"
So while your lead bullets stand ready to protect you from physical
violence, they cannot financially protect you by taking on increased monetary
power as the dollar depreciates. Dump those pathetic certificates of deposit!
Flee those sagging mutual funds! Buy silver and gold at your nearest dealer
at competitive rates! The dealer I buy from is also big in diamonds and has
frequent armed robbery attempts, therefore he and his staff are armed and
often have an off duty sheriff's deputy on site. An article in Jewelers
Circular Keystone, June 1999 entitled, "Facing Fear---Jewelers and Guns"
discussed the problem of armed robberies and showed a photo of a Philadelphia
jeweler now a paraplegic thanks to an armed robber. Another jeweler wears a
gun on his hip and sometimes notices would be robbers suddenly leaving when
they spot it. A recent news story noted that Columbian jewel thieves have
been active around Dallas, netting hundreds of thousands of dollars worth per
robbery. These crooks are dangerous and mean business, like the cocaine
dealer in "Delta Force II" (1990) who warned Chuck Norris---
"You don't want to do this! I'm Ramon Cota---you're dead!"
I stopped selling diamonds out of my residence through classified ads
when I got a call from someone obviously casing me who asked, "What else
you got over there?" When I was 12 I was in a rough part of town with my
older brother driving and as a carload of thugs started to harass us, he
yelled to me to get the gun, which we didn't have, but the mere threat of
hearing about one sent them to other parts. It seems likely that film star
Audie Murphy (1924-1971), the most decorated foot soldier in U.S. history,
who killed 240 German soldiers in combat (unbelievable but true) believed in
the need for firearms. The National Rifle Association (founded 1871), which
has some 4.4 million members, is recognized as a powerful lobby by its
members and opponents alike. Without the NRA and similar groups like the
Citizens Committee for the Right to Keep and Bear Arms (about 650,000
members), it seems likely that only the military and police would have guns.
And that would truly be a seriously bad situation! The Police Foundation
believes only policemen should possess guns, and with the wrong changes in
outlook that sounds more dangerous than criminals owning them. They think
it's okay for police to investigate your death after the fact because some
parolee goes on a crime spree and kills you in a home invasion because you
had no firearm for protection! This foundation was created by the Ford
Foundation, of which many prominent Wall Street financiers have been trustees
over the years. The armed citizen is the person the criminal has to steer
clear of, as Edward Woodward said in an episode ("China Rain") of
"The Equalizer" (1985)---
"I'm the war you have to avoid!"
Considering the bad aspects of human nature, guns are important, vital,
and absolutely necessary! As the Mexican bandit Calvera (Eli Wallach) told
his unarmed captives in "The Magnificent Seven" (1960)---
"I could kill you all, you agree? Well, you don't disagree!"
The need to own firearms is strongly linked to the need to defend
against their illegal use by criminals. As Steve McQueen said in
"Bullitt" (1968)---
"He tried to nail me with a shotgun, a Winchester pump!"
A firearm is the best counter against those with illegal intentions. As
the conversation between a treacherous spy and Clint Eastwood went in
"The Eiger Sanction" (1975)---
"I didn't actually kill him! Well I probably won't actually kill
you!"
Regrettably, there are some individuals who cannot be reasoned with
therefore they must be shot! As the dialogue between the counter terrorism
expert and Sylvester Stallone in "Night Hawks" (1981) went---
"That is when you must do it! You mean open fire? There is no
other way!"
Having spent many hours practicing marksmanship at target ranges means
you likely won't miss. As the insulted Italian nobleman (Cesare Danova) said
to the western bad man (Jack Elam) who protested there was only one shot in
each dueling pistol ("The Rifleman," 1958-1963)---
"I've never needed more!"
Or as a member of a Mexican bandit gang said of bounty hunter Clint
Eastwood in "A Fistful of Dollars" (1964)---
"At shooting a pistol no one can touch him!"
SILVER---FINANCIAL FIREPOWER! The financial part of human nature has in
its consciousness the fact that a money system has to be founded on true
wealth; and that precious metals are the truest wealth there is. They CANNOT
go broke! The NRA founded its Institute for Legislative Action in 1975 to
defend gun ownership rights, and has done an outstanding job. The NRA website
mentions its dedication to "defending the constitution of the United
States." The NRA focus on second amendment gun rights is critically
important and well taken. However, what's the use to not have an equally
intense focus on other parts of the Constitution such as the great wording
found in Article 1, Section 10 that says---
"No State shall make any Thing but gold or silver
Coin a Tender in payment of debt."
The Coinage Act of April 2, 1792 reaffirmed that precious metal coins
are lawful money. American patriots carried not only flintlock rifles and
single shot pistols; they also used silver coins! When these
conspirators---bankers and industrial users---took away our silver coins in
1965, the public should have exhibited the same attitude as Roger Moore as
Simon Templar in "The Saint" (1963-1969) when he told an East
German official---
"Give me that passport back or I'll tear your arm off!"
Federal Reserve "notes" are in point of shocking fact,
totally unbacked by gold or silver. There are 12 Federal Reserve branch
banks, and it calls to mind Lee Marvin's remarks to the general in "The
Dirty Dozen" (1967)---
"I don't mean to appear unduly cautious, but if my personal
survival
is going to depend on the performance of 12 dead heads…"
A bit of information combining the pathetic with the ironic is that a
Mr. David Outhouse (actual name) was until December 31, 2002, a director of
the Federal Reserve Bank of Boston. Hopefully the Fed branch banks will be
outhouses someday. Did you know that the Federal Reserve System has never
been audited and has resisted every proposal to audit it? Hypocritically,
then, the fact appears that William McDonough ex of the New York Fed Bank,
now heads the Securities Exchange Commission Accounting Oversight Board! The
most prominent name ever found on the board at the New York Fed is that of
David Rockefeller, of whom biographer William Hoffman (1971) claimed,
"One President after another has done his bidding." Another ironic
note is that Ray Hunt, worth over $2 billion and head of Hunt Consolidated
Oil, and a director of the Federal Reserve Bank of Dallas, is half brother of
Herbert and Bunker Hunt, of the Hunt/Arab silver play which ended in defeat
in mid January 1980, when Andrew Brimmer, of the Federal Reserve Board and
director of Du Pont (Silver Users Association) and a Commodity Exchange
director, voted to institute the rule change that caused the Hunts silver
play to crash!
Paul Volcker head of the Fed who came to it from Chase bank, arranged a
loan for the Hunts with such punitive terms that they forfeited most of their
assets by 1988. Did Ray Hunt migrate to the winning side, to the
establishment side? Sanford Weill head of Citigroup is a Du Pont director
(Silver Users Association) and Federal Reserve Bank of New York board member.
Pete Shields of Du Pont helped found Handgun Control Inc., somewhat amusing
since Du Pont company has for decades been known as "merchants of
death" for supplying huge quantities of gunpowder in many wars! We
haven't had silver certificates for two generations, thanks to the Silver
Users Association, whose member companies over the years have had
interlocking directors with JPMorganChase, the institution that says it
declines credit to gun merchants. According to Gun Owners of America,
Citigroup has attempted a similar policy. Just as the NRA has done an
astonishing job of protecting the Second Amendment, so too has the Silver
Users Association done an equally impressive job of soaking up America's
silver---and the world's silver!
The users are running scared right now and two of the biggest things
worrying them are the fact that India refuses to allow domestic silver to be
exported, and the movement in Mexican politics to return to silver coins is
growing stronger by the hour! Thanks to the users association we have no more
strategic silver stockpile for national defense purposes. Silver is necessary
for each and every high-tech application! I sent at least 18 e-mails to
national officials of the Veterans of Foreign Wars, thinking this would be a
concern to them; and received not one reply! It turns out that retired
Generals and Admirals are often placed on the boards of Wall Street connected
corporations! Arizona Republican Senator John McCain---absolutely no relation
to fictional character Lucas McCain "The Rifleman," is the son of
an Admiral McCain who was deeply associated with Wall Streeters, like another
Admiral was, Arleigh Burke. Senator McCain has cast anti-gun votes, according
to Gun Owners of America. We are not functioning on Constitutional money,
friends, we are victims of a banxter (banker/gangster) fraud. This essay
isn't the time or place to review all the facets of this situation, however,
I suggest you go to www.fame.org (Foundation for Advancement of Monetary
Education) for a summary of the unbacked paper currency system we have of
which Larry Parks, director of FAME, says---
"With the monetary system we have now, the careful
saving of a lifetime can be wiped out in an eye blink."
SILVER WEALTH COLOSSUS APPROACHING! Having firearms for self-defense
makes perfect sense. Not having precious metal for financial self-defense
makes no sense at all. We stress silver over gold because the supply-demand
basics for silver are stunningly in favor of silver. Silver investors will be
able to say to gold investors in the coming months what Richard Boone said in
"Hombre" (1967)---
"Looks like you did good
and we did better!"
There are all kinds of investment advisors telling you where your money
should go, and it seems that most of them consciously intend to lead you into
ruin, like diseased vermin Jack Grubman, formerly of Salomon Smith Barney
(Citigroup), 5 of whose stock picks lost fully 99.9% of value! Selected
silver stocks have outperformed most investments over the past 3 years, but
how many of you who have investment advisors who suggested these shares? I
was buying "61 Neutron Corporation" (a nickname for a real company)
in 1998 when it was under 70 cents, then a year ago it reached over 11 times
that sum with the underlying commodity just barely over $5 per ounce. What
will the share price of such companies reach when silver explodes to over 80
times that derivative rigged low price (adjusted for inflation, only twice
the price it reached when there was some 2 billion more ounces in existence
than now), and there are 25,000 buyers to every seller? I was fortunate to
have breakfast with the head of the holding company last September and
exchange information. He smiled as I told him I considered my investment to
be my "parachute." (No silver company has any direct input into
these essays).
We understand the important role of gun ownership. We are attempting to
help you NOW before time runs out by pointing out the need for owning
precious metal. The head of "61 Neutron Corporation" has signaled
his intent to "vault" silver produced at its mines, in part to literally
back those shares with silver, and apparently in part to hold metal back in
anticipation of additional price increases. The Silver Users Association
frequently raves about those with silver "hoarding" it---meaning,
refusing to sell to them at current give-away derivative driven rates. So the
head of this huge silver holding company---who is also a director of a gold
company that has a similar "Gold Money Policy"---says he will
"vault" (not "hoard") silver, while the outcome to the
users is the same. Like the distinction between "torching"
something versus "setting ablaze," right? Why is it that
billionaires have taken large share positions in other silver holding
companies such as "Hercules Silver Holdings" and "Bolivian
Giant Silver Mines," except that silver prices are scheduled for a
meteoric rise? As Alan Ladd said in "The Badlanders" (1958)---
"There's not a rich man who doesn't want to be richer!"
These companies are astonishing treasure chests of wealth for their
shareholders the likes of which will never be seen again in our lifetimes, as
the silver shortage has been literally over 5,000 years in the making! If
your investment advisor---those of you who have one---has ignored this
sector, we suggest you research it by accessing the Archives here then tell
him what James Coburn told a competitor in "Charade" (1963)---
"You block-headed jackass!"
You've already missed the first stages of moves up in silver and gold
stocks; however, they remain a strong buy, as do the physicals themselves.
You should have some of both. If lead appeals to you beyond use in firearms,
there is a company which has some 8.8 billion pounds of lead in a zinc
deposit also containing a great deal of silver. You can read all manner of
investment reports on countless companies suggested by full service brokers,
and it's a rare one that mentions silver and gold shares, in spite of their
large gains in share capitalization over the past several years. As for the
questionable companies the average broker appears to want investors to get
into, recall the dialogue between Lee Marvin to the general in London in
"The Dirty Dozen" (1967)---
"I didn't write those reports! Just what is that supposed to mean?
It means that I don't necessarily agree with what's in them!
I don't like it and I think it stinks!"
2 TYPES OF CRIMINALS NEED DIFFERENT DETERRANT!
Your firearms serve well as defense against violent criminals but
cannot protect your finances other than as deterrent against criminal theft.
It's white-collar theft that has damaged those of you who are unprotected by
real money. Let's consider two types of thieves and how you deal with the
first one is quite clear. Type #1 described by Sylvester Stallone in
"Cobra" (1986) when he cornered a thrill killer in a supermarket--
"Hey dirt bag! You're a lousy shot! I don't like lousy
shots!"
Type #2, the white-collar criminal in government and on Wall Street is
the one who has successfully robbed you, as described by Richard Boone
("Have Gun, Will Travel," Paladin) and David Canary (guest star on
"Bonanza") in "Hombre" 1967---
"Hey Lamar you know something, he ought to be over here with a
gun! Oh no he don't need a gun to pull off a robbery! No? He does it with pen
and ink! No? Yeah! He just claims a higher beef tally than what comes in, and
he pays the trail driver off for what's delivered and charges the government
for meat that ain't even there and then pockets the difference! Ain't that
right doctor, the Indians go hungry but you don't!"
Here we have a case of those with guns calling the shots; however, you
cannot use guns to obtain money from others, unless the law of the jungle is
the only law left. You consider yourself a responsible firearm owner, and you
must be responsible also for your financial protection, because politicians will
leave you a shipwreck. As Sylvester Stallone said in "Nighthawks"
(1981)---
"It's not my responsibility to be part of an accidental
homicide!"
As the conversation between Yul Brynner and the Mexican farmer in
"The Magnificent Seven" related---
"Everyone wears a gun! Sure, same as they wear pants, it's
expected!"
I missed the article somewhere that explained the origin of the word
"gun." As for "pants," the word comes from Pantalone, the
top clown of the medieval Italian Commedia Dell Arte, at a time when that
horseback-riding garment---the trouser---was actually considered a comical
oddity. The little note on history is simply to point out that everything
isn't always as it seems, and beliefs held by majorities are sometimes wrong.
As French attorney Jean de la Bruyere (1645-1696) said---
"The exact contrary of what is generally believed is often the
truth."
Like the belief that an unbacked paper money system can endure
indefinitely! Or the belief by some commodity analysts that naked short
silver sales can substitute for increased mining production. Or their ability
to craft a chart showing that silver prices will still be under $5 in first
quarter 2004! The great transition from low silver prices to permanent
sharply higher prices is very close, and are you ready for it? As Yul Brynner
said in "The Magnificent Seven"---
"You've got to be prepared for killing and more killing and then
still more killing until the reason for it is gone."
All those guns and all that ammunition and no silver or gold! Now that
you are aware of your area of vulnerability, the sooner you act, the better
your chances of fixing the problem before time runs out. As a spy asked Jim
Phelps (Peter Graves) in an episode of "Mission Impossible"
(1967-1973, not to be confused with the movie of the same name) what he would
do if he and his accomplice had the drop on him (opening his overcoat to
display guns on each side)---
"By now you'd both be dead!"
Peter Graves turns out to actually be the younger brother of James
Arness---actually spelled Aurness (Norwegian), the star of
"Gunsmoke" (1955-1975) so interest in guns probably runs high in
that family. Sterling Hayden played the role of a Scandinavian sea captain
who killed the bad man with a harpoon in "Terror In A Texas Town"
(1958). Just as a harpoon isn't a good substitute for a gun, paper
money---unbacked---is no substitute for precious metals. Just as precious
metals are more solid financial protection than other investments, guns are
better defense than, for instance, Kung Fu. A scene before a ritual combat in
"Dragon---The Bruce Lee Story" (1993) featured the line---
"Man, they eat their wheaties in that family!"
Except with NRA families the line would be something like, "Man,
they know their guns in that family!" Okay, so what about your financial
defense assets, silver and gold, or if you prefer, gold and silver? Lorne
Greene (Ben Cartwright on "Bonanza," 1959-1973") had a hit
song in 1964 about a fast gun called "Ringo," and that's about how
fast you should be moving into silver! A deceased uncle once told me of an
incident when he was a boy in East Texas in which another boy stepped on one
of their local insects, a large furry red and black "cow-killer"
ant, and the poor kid screamed for six hours from the sting. Entomologists
tell us the sting is "traumatically painful" like that of another
Texas species, the giant "cicada killer" wasp also called the
"king hornet." When the dollar tumbles enough you'll notice
imported items costing more and more as your purchasing power deteriorates
and without the protection of precious metals you'll only wish you'd taken
those severe insect stings. When the price suppressive silver derivatives on
the Commodity Exchange collapse---delivery defaults will put a stop to it
all---the price of silver will show a far higher value than today!
SILVER---PROTECTION FROM ECONOMIC TURMOIL!
The Federal Reserve intends to "monetize" and what that means
for you as a consumer is your buying power will drop. Silver stands alone
atop an unassailable pinnacle of distinction as the single most undervalued
commodity in history, period! Its real value is currently concealed by
irresponsible derivatives activity on the Commodity Exchange in New York.
Silver analyst Ted Butler has had verbal battles with COMEX and CFTC
(Commodity Futures Trading Commission) officials over the silver price
suppression, but they all deny any problem exists. A long-term price fixing
of silver on the short side has taken place---a violation of commodity law
and also an anti-trust violation! We have even noticed CFTC
commissioners---Federal regulators who are supposed to prevent price
rigging---addressing the users association, which strongly suggests it works
to hold prices low! The Associated Press, May 2, 2003, reported that attorney
Lloyd Constantine litigated a $3 billion settlement in the court of U.S.
District Judge John Gleeson in an anti-trust lawsuit brought by Wal Mart,
Sears, Safeway and Circuit City against Visa and Master Card, estimated to
save consumers $63 to $100 billion over the next 7 years.
I've read strong hints from important sources that suggest anti-trust
action is coming against COMEX, certain banks and the users association.
Elliott Spitzer, New York Attorney General, where are you? Shareholders of
polymetallic miners, who've received rigged low prices over the years for
byproduct silver, think class-action lawsuit! There are two ways to determine
the price of any commodity---the natural, just and fair way, that of an
equilibrium price balancing supply and demand; and that of a rigged price,
either by Federal price controls (which cause shortages) or by commodity
price rigging on the COMEX (also leading to shortages). Shorts never tire of
raving about the Hunt/Arab silver play---as if to distract attention from their
far more successful manipulation---they have screwed the price to low levels
for over 23 years! Anti-trust violations exist not only where producers
conspire to raise the price of a commodity, but also where users of a
commodity work together in collusion to lower the price.
Jewelers Circular Keystone, June 1999, pages 68-70, reported that the
U.S. Department of Justice has arrest warrants outstanding for DeBeers
diamond executives, who therefore avoid travel to American destinations.
Billionaire Nick Oppenheimer chairman of De Beers called the U.S. anti-trust
investigations, "the equivalent of the Spanish Inquisition," while
admitting that his company does in fact work to raise the price of diamonds.
With enough pressure, in time arrest warrants could be issued for the silver
(and gold) price fixers. In the case of silver, distinction is essential to
be made between a rising price, which will benefit producers, being caused by
supply and demand forces, rather than allegedly caused by greed on the part of
these producers. Supply/demand forces have been suppressed so long in silver
that when they reassert themselves, the price is fully capable of a sustained
shocking rise. Jewelers Circular Keystone goes to the Silver Users
Association for its information on silver (see for example July 1999 issue,
page 93). An item in the annual report of "61 Neutron Corporation"
stated they have no intention of commenting on the situation on COMEX
"at this time." They also mention Silver Investor website as a
source of information on silver, while adding they don't necessarily have all
the same viewpoints. However, if you were issuing an annual report, you
wouldn't mention another website as a source of information on the same
subject unless you agreed with most of what was being said there, would you?
As for the CFTC, since it's a Federal agency, it has no qualms about
silver price fixing on the short side, as this contributes to making it
appear as if inflation is under control. Well, sometimes you pay the same
price for something at the supermarket only to notice later, it's a 12-ounce
can, when the last time you bought the item it was 14 ounces! Then there's
the sea of products that are being made less durable and wear out faster.
Since decreasing purchasing power is a fact of life, you need to be
positioned in things that will rise in value. In "Economic Consequences
of the Peace," referring to the Treaty of Versailles at the close of
World War I, inflationary economist John Maynard Keynes (year 1919) said on pages
235---
"By a continuing process of inflation, governments can confiscate,
secretly and unobserved, an important part of the wealth of their
citizens."
In order to bail out derivative creators that Buffett warned about, the
Federal Reserve will "create" a frightening amount of new
"money," which will launch great inflation and lower the value of
your savings. Dollars held in savings accounts and excess dollars in checking
accounts are losing purchasing power, and face sharper decline. Your firearms
prevent others from murdering you, but while you've protected yourself in
that manner, what of your financial protection? Is the Federal government
really more solid than silver, gold and platinum? Not likely! We haven't even
been around as long as the Roman Empire was. A warning issued by Comptroller
General David Walker, head of the General Accounting Office in early May is
that the Federal deficit will exceed $300 billion this year. Consequences to
Social Security, and all of the economy, are negative. Meantime, those who
hold precious metal have something that absolutely cannot go broke! Your
dollars are slowly dying in the bank---a mausoleum for your hard earned work!
As Indio the leader of the Mexican bandit gang said in "For A Few
Dollars More" (Clint Eastwood), 1965---
"It looks just like a morgue! And look out! It could be one so
easily!"
THE TREND IS YOUR FRIEND---PRECIOUS METAL!
Real estate doesn't have a good near-term future. In fact a real estate
crash appears unavoidable due to the loss of so much purchasing power and
income. People are taking on long term mortgages who have little job
security, I know of this type "investor" where I work (the Postal
Service), which because of better technology, will be downsized and wages
reduced---the largest single employer in the country! An excessive number of
workers and retirees are in danger of not receiving pension payments! Far too
many manufacturing jobs have been exported, and now even jobs in the
financial services industry are being exported to places like India, where
many competent workers are happy to take positions for $20,000 whereas their
American counterparts often do better than twice that. The Internet,
satellites and communications make this job exporting possible in part of the
service sector. Of course, they won't be able to export part time minimum
wage jobs picking up trash in shopping malls. Silver, and secondly gold, are
your best bets for financial self-preservation going into the future. As a
question asked by the young gunfighter in "The Magnificent Seven"
asked---
"Your gun has got you everything you have, isn't that true?"
The answer is, no, your guns have not and cannot get you everything you
have, or everything you need. You have covered that base if you're an NRA
member, member of a similar organization, or just in sympathy with their
views. You've heard the term "silver bullet," this is what you need
for financial self-preservation---a store of silver, and gold has a great
role also. If you can only buy one, buy silver. A graph in the latest annual
report of "61 Neutron Corporation" shows silver supply as running
out possibly by September 2003, and they are in consultation with a major
research group in New York. David Morgan of Silver Investor has spent years
of painstaking research in silver, and his numerous highly placed contacts,
from mining executives to bullion and coin dealers to investment managers,
yield the same conclusion. The world is running out of this essential
commodity. Silver is used by industry in ways that makes it gone forever. I
have two large mirrors made in 1889 that belonged to my grandfather. The
silver backing them will never be available again. Above ground silver is
racing towards extinction like the last passenger pigeon in 1914 and the
final Tasmanian tiger in 1936! Because of the deficit this sector is set to
jump like the Rocky Mountains over the Great Plains! If this scares you into
taking prudent action, your security is well served. As James Garner's
conversation with a young man in "The Rockford Files" (1974)
went---
"You don't scare me Rockford! Sure I do, Tim, sure I do!"
When you think of a mint, other than a piece of candy, you think of a
place that presses coins from blanks, right? Well, silver is SO scarce now
that not only does the U.S. government have to buy silver in the open market
for the Silver Eagle coin program; but, some businesses that call themselves
mints aren't actually mints at all! A recent 62-page catalog from the
Fairfield Mint in Norwalk, Connecticut offers a lot of model autos and such---but
not one silver coin! Silver has a long history as a natural germicidal agent
because of its unique chemical properties; in fact, it probably beats any
antibiotics, because viruses don't develop resistance to silver. The Sudden
Acute Respiratory Syndrome (SARS) outbreak centered in mainland China means
that hundreds of millions of people all over the Far East---Japan and
westwards to India---may soon clamor for face masks containing fine silver
threads woven in, as possible SARS protection. We urge you to give serious
attention to the matter of your financial future. If you buy silver, by all
means, check several dealers for rates and buy from the one of your choice.
Be ready for the more difficult times on the horizon as the U.S. appears set
for 10 years of wars, apparently with Iran as the next target, then North
Korea. As Steve McQueen said in "The Magnificent Seven"---
"Sometimes you bend with the breeze---or you break!"
And as actor Brad Dexter said in the same classic Western---
"Say come to think of it, it was a silver mine!"
MEDIA STAYS SILENT---INFORM YOURSELF!
If reading this one article doesn't fully convince you to act, you can
take the example of a deceased wealthy uncle I had. He was a developer of
water systems for municipalities, and discovered there was a huge salt dome
on one of his properties. Under the salt dome was a large petroleum deposit.
He went to the university bookstore where he was on the board of regents
appointed by several governors of Texas, bought 17 textbooks on the oil and
gas industry and geology, and he read each one 3 times. That's like reading
51 books! (Daddy Warbucks left the nephew not one cent, and my wealthy
cousins declined to give me a hearing about silver!) You need not engage in
such a lengthy reading process. I suggest you read "Silver To Zero"
in the Archives here by Morgan, then scroll down and read "Silver's
Mushroom Cloud." Better yet, read everything in the Archives. This will
give you an excellent background regarding the silver situation---something
the anti-gun mass media also won't help you with. They probably think some
U.N. agency should license gun owners! And while reporters tilt their heads
like puppies as their colleagues prattle on about unimportant matters,
control of the media is falling under control of five major firms described
here in the Archives in "News Media Silver Blackout."
The Telecommunications Act of 1996 and the suspension of the Fairness
Doctrine (equal time for opposing views) in 1997 were additional steps by the
London/New York money powers to get control of America's thinking as they
continue silent on silver and gold manipulation. The Federal Communications
Commission is due to vote June 2 on measures further concentrating control
over news, which has been slanted for over 100 years. We aren't telling you
of this situation solely in the hope that our investments will be bid up---if
you get in before silver zooms, you'll do very well. We will profit
enormously whether you are in or not. Gun activists are some of the allies we
seek in pressuring Congress to return America to an honest money system.
Everyone will benefit, except for the parasites connected to the Federal
Reserve System. Just as a gun owner might warn a criminal to back off before
firing a fatal shot, we are warning you now of the serious danger to your
finances if you don't protect yourself with silver and gold soon. As Jimmy
Stewart said in "The Shootist" (1976)---
"If you're lucky you'll lose consciousness and until then you'll
scream!"
FINANCIAL CARTRIDGES---SILVER & PRECIOUS METALS!
I wrote a square dance type song for you gun enthusiasts and if you'll
apply the same concept towards owning some silver, you'll be enhancing your
financial security---
Blasting intruders from A to Z,
Sporting fun, one-two-three!
Swing your rifles round and round,
Blast the burglars to the ground!
They scream and scream all night long, It's so great it can't be wrong!
They yell and yell all the time,
It's so fine we set it to rhyme!
Criminal felon raises our ire,
Decapitate him with cartridge fire!
(Do not set to music and play on airwaves without consent!) This little
satire isn't intended to trivialize the act of shooting someone who deserves
it, but you'd still have John Wayne's attitude towards the British representative
in "Allegheny Uprising" (1939)---
"We'll be forced to fire on you!"
There are hoodlums in society to whom a line from the hotel manager in
"From A Few Dollars More" (Clint Eastwood, 1965) applies---
"He's nothing but a wild vicious animal!"
You wouldn't be so lenient with a trespasser as Lucas McCain "The
Rifleman" was in one episode---
"Get out of here! And do it fast!"
Nor would you be just a bit rough with him as Roger Moore (the son of a
London policeman) as Simon Templar in "The Saint" (1963-1969) was
with a Soviet spy--- "How would you like me to hit you just as hard as I
possibly can?" Instead you'd be more inclined to say what Tuco the
Mexican bandit said to another outlaw in "The Good, The Bad and The
Ugly" (1966)---
"Don't die until later!"
A firearm gives you the chance to detain criminals until authorities
arrive. As John Wayne said in "El Dorado" (1967)---
"Mississippi, keep that gun pointed at this table, both
barrels!"
So, of the armed citizen we can refer the line spoken by the bartender
in "For A Few Dollars More" (1965)---
"Mister I know that man! It's a miracle you're alive!"
Without some silver or gold protection, it'll be a miracle if you're
financially alive considering the economic turbulence we're entering into.
And that, courtesy of many of the same elements who oppose gun ownership
rights. The admiring young gunfighter said to James Coburn in "The
Magnificent Seven" (1960)---
"That was the greatest shot I've ever seen!"
Protect yourself with precious metal and it'll be the greatest
financial shot you ever called. How soon should you act? Take a cue from Tuco
the Mexican bandit in "The Good, The Bad and The Ugly" (1966)---
"When you have to shoot,
shoot, don't talk!"
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