American Silver Eagle sales have been suspended for
the year according to the Authorized Purchasers of U.S. Mint products.
Once again, as we have seen in the past, the U.S. Mint makes a dramatic
change without warning. Where else have we recently seen a very dramatic
change in policy without warning? India announced, without warning, the
ban of the most widely used bank notes in the country – without
warning. While these are very different scenarios they demonstrate the
absolute control governments around the world hold over our money and
our currency. Silver, while tatted as an industrial metal, has been
money longer than any other form of money on planet earth. Silver was
money long before gold was accepted and circulated as money.
As we have pointed out, time and again, once a nation's money/currency
becomes corrupt, the entire system must become corrupt in order to cover
up the lie that money (gold and silver) will continually tell the
citizens. Once the citizens become aware of the corruption of their
money/currency, the citizens can begin to see the corruption supported by
the lie.
“The more of these types of laws you make, the more corruption you create.” Louis Cammarosano, The Daily Coin
I recently penned Gold – Money of Kings
where I pointed out that I was focusing more on gold than silver as
gold is where the big, wealthy investors focus their capital and not
silver. I love silver and understand the “silver story”. For this reason
I will continue collecting silver, but in a different manner. Over the
past several months I have really become a big fan of the America the
Beautiful 5oz silver coin. For just about the same money, and in some
cases less money, you can acquire a truly stunning piece of silver with
an extremely low mintage that has a growing “coin collector” base.
Louis Cammarosano, Smaulgld,
stopped by to discuss the America the Beautiful, share with the
audience conversations we have been having offline regarding the
American Silver Eagle situation (this conversation was recorded prior to
us learning the U.S. Mint had suspended the sale of Silver Eagles) and
what is happening in India. On the surface these three items may appear
to be completely disconnected, but during our conversation you will
discover the interconnectedness these items bring to the table.
India is the second most populated nation on planet Earth. The government decided to make illegal
the two most circulated bank notes in the country, claiming this would
help curb “corruption and terrorism”. The bank notes have
the equivalent value of $7.50 and $15.00 American. If a total of $22.50
is driving “corruption and terrorism” in India our world has much larger
problems than we ever imagined. It also appears that politicians,
judges, government officials and mercenaries can be bought a lot cheaper
than I ever thought possible. Personally, I have been under the
misguided belief one would need tens of thousands or hundreds of
thousands of dollars, or more, to even consider bribing a government
official or funding mercenaries. Once again, the government is tipping
it’s hand to show just how corrupt they have become while at the same
time treating the citizens like a buffoon. We are not buffoons and the
masses are learning, more and more everyday, who the real enemies of our
lives to be. We see you and we know who you are.
India is a prime example of why everyone should possess physical gold
and silver within arms reach at all times. The corruption, that we know
is global, can turn on the citizens in a flash. The U.S. Mint, while
not a reflection of corruption, made a change that will impact the next
two-three months of any silver collectors life. This change, at the U.S.
Mint, has happened on a number of occasions over the past three years,
is just a small sample of what can happen right here in the U.S.
What happened in India, over night and without warning, demonstrates
how serious these corrupt, criminal government officials are about
controlling our lives. One of the ways we can protect our individual
sovereignty is through possessing physical gold and silver. Will this
save our life? Maybe. Will it protect our wealth and our individual
freedoms? Yes. If you don’t think so ask any German that possessed gold
or silver during World War II.
Gold and silver answer to no one, while at the same time answering to
everyone. This is the biggest problem governments have with citizens
possessing physical gold and silver. Accepted world wide with few to no
questions ask, transactions can be 100% opaque. The transaction never
happened unless one or both parties make it known. If you still live in
the misguided mindset that what happened in India can’t happen here –
remember this. The population of India represents 1 in 7 people on
planet Earth. As you move through today every 7th person you see could
be from India. There are 1,336,286,256 (May 2016 est.) people in India
and as of August 2016 an estimated 7.4 billion people world wide. If
this type of change can impact every 7th person you encounter – everyday
– what are the odds it could soon impact you? What makes the other 6
people on this planet any different or any safer from these corrupt
governments?
 
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Rory Hall, Editor-in-Chief of The Daily Coin, has written over 700 articles and produced more than 200 videos about the precious metals market, economic and monetary policies as well as geopolitical events since 1987. His articles have been published by Zerohedge, SHTFPlan, Sprott Money, GoldSilver and Silver Doctors, SGTReport, just to name a few. Rory has contributed daily to SGTReport since 2012. He has interviewed experts such as Dr. Paul Craig Roberts, Dr. Marc Faber, Eric Sprott, Gerald Celente and Peter Schiff, to name but a few. Visit The Daily Coin website and The Daily Coin YouTube channels to enjoy original and some of the best economic, precious metals, geopolitical and preparedness news from around the world.
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The author is not affiliated with, endorsed or sponsored by Sprott Money Ltd. The views and opinions expressed in this material are those of the author or guest speaker, are subject to change and may not necessarily reflect the opinions of Sprott Money Ltd. Sprott Money does not guarantee the accuracy, completeness, timeliness and reliability of the information or any results from its use.
