Why
earn 1-3% in Bonds, When silver and gold have done this?
Gold
is up 14.5% per year since 1999 (averaged) from $255/oz. to $1130/oz. over
the last 11 years.
Gold is up 9.3% per year since 1971 (averaged) from $35/oz. to
$1130/oz. over the last 39 years.
Silver
is up 22.7% per year since 2003 (averaged) from $4.15/oz. to $17.33/oz.
over the last 7 years.
Silver is up 5.6% per year since 1964 (averaged) from $1.40/oz. to
$17.33/oz. over the last 46 years.
Calculations
for the average annual percentage gain was courtesy of http://www.smartmoney.com/compoundcalc/
Use
the online calculator to check
the math of the average annual compounded gains for yourself.
If you
had invested $10,000 in a 10-year CD paying 3% in the year 2000, you would
now have $13,493.
If you
had bought $10,000 worth of gold in the year 1999 (gold, which pays no
interest) you would now have $44,355 worth of gold.
The
gold would have been about 39 gold troy ounces, and you would still have
those same 39 gold coins or bars today, but they would be worth over 4 times
as many paper dollars.
But if
you had trusted paper promises to deliver gold or silver, such as US dollars
in 1971 or 1964, you would not have had any gain at all.
=====
I
would like to highlight the work of Bix Weir at
http://www.roadtoroota.com/
He has
done a fantastic job doing independent investigative reporting on the secret
dealings in the gold world. The highlights of his work include
featuring a comic book by the Boston Fed, called "Road to Roota",
which seems to be a metaphor or teaching guide for returning to using gold as
money.
Recently,
Bix published a Gold quiz. Wonderful. See here:
http://www.roadtoroota.com/public/197.cfm
Bix
also published a list of some 17 suggested guidelines for how the CFTC should
regulate the gold market, in case the CFTC actually cares. I'm more
skeptical that the CFTC would or could do anything.
New
CFTC Gold/Silver Regulatory Framework
OPEN LETTER TO THE CFTC
March 9, 2010
http://www.roadtoroota.com/public/207.cfm
Take,
for example, suggestion number 13
13)
Engage Outside Expert Consultants -- As far as I know the CFTC has NEVER
hired an outside expert on the gold or silver markets even though there are
many who are willing to assist them for FREE! Not only does this raise
suspicion about their competence but it begs the question of WHY NOT? I'd
like to suggest that the CFTC create a "Panel of Outside Expert
Consultants" to assist them in understanding the gold and silver
markets.
If
they consulted me, perhaps I'd say, "Admit that you can do nothing, and
terminate your entire agency to save money for taxpayers, and eliminate the
fraud of suggesting that you are actually able to 'regulate' these markets
that are not markets at all, but contracts of enslavement." Or,
perhaps I'd say, "Prosecute JP Morgan to the fullest extent of the law
for the clear fraud that you know they are engaged in by selling excessive
futures contracts for silver, put all the executives in jail for seven years,
and terminate all their silver and gold short side contracts immediately with
a cash settlement close out at current spot prices, and close down all new
short selling in precious metals futures contracts for at least the next
year, unless there is 100% of the metal on deposit to back up each new short
contract." That, of course, would drive the gamblers to a new
jurisdiction, many of which are already set up in other parts of the world,
and would change very little, except that the CFTC might reveal some of the
fraud to some people who might be paying attention.
My
point is that people are willingly deceived by paper contracts that cannot be
honored, and until and unless the people wake up to the fraud, and buy
physical instead of all forms of "paper gold," including paper
bonds, inflation adjusted bonds, soverign debt default swaps, exchange traded
funds, "over the counter precious metals derivatives",
"bullion accounts", pool accounts, and gold and silver certificate
programs (and not just futures and options on futures which are only a little
part of the market of fraudulent bullion trading) then the deceptive practice
of selling of paper metal will continue.
In the
end, nobody will trust any paper contracts, and physical metal will have its
day in the sun.
=====
I must
report reader responses to my comments on 9-11, based on my last article:
http://silverstockreport.com/2010/silverordeath.html
One
man reports that Flight 93 exploded in mid air, as can be verified by other
reports, and the size of the debris field.
Another
man reports that there was no "stand down" order for the US
Military.
Another
very well trusted source says that the jet fuel was indeed enough to cause
the buildings to burn and collapse, and he should know, he was both a
military and civilian pilot.
I
looked up "thermite" since that is accused to be a
"source" of the collapse. According to several articles on
wikipedia, thermite can be a number of combinations of metals that can burn
at high temperatures, including aluminum and even calcium. Clearly,
harmless sources of aluminum could have already been in the building, and
also, so could calcium.
Another
reports that the twin towers were designed to collapse, and that general
government incompetence suggests that the entire event could not be a
"government job".
Nevertheless,
I still have questions about tower 7, which was not even mentioned in the
official 911 commission report, nor any of the people who wrote to me.
BBC Reported Building 7 Collapse 20 Minutes Before It Fell
http://www.youtube.com/watch?v=C7SwOT29gbc
Why
was it reported to have collapsed before it collapsed, unless there were
scripts for news agencies written in advance, and the wrong script was read
at the wrong time, due to such "incompetence"? And if the
news was created in advance, then this was, indeed, an inside job that
transcended nations. If the news agencies knew, and were in on it, why
were they not prosecuted?
While I'm asking, why where the people who engaged in short selling the
airline stocks never tracked down, and identified, and prosecuted?
If their brokers are hiding the identies of the traders, why are the brokers
not prosecuted for "obstruction of justice"? Were the brokers
in on it? It seems as if big brokers or banks are in control of
everything these days, including our government.
=====
I must
report further on the USS Liberty attack, based on a reader's response.
A man
reports that it was general governmental incompetence, on both sides, that
led to a mistaken attack by Israel on the USS Liberty during the confusion of
the 1967 war.
http://www.jewishvirtuallibrary.org/jsource/History/liberty1.html
That's
a rather interesting report, and I did not have time to read more than half
of it.
=====
According
to free market principles, no man can ever know enough about everything to
direct some sort of "top down" directives to people to make an
economy work. Similarly, I make mistakes from time to time.
I have
"read" that there was a 'stand down' order for US military jets to
not intercept the terrorists flights on 9-11, and that when a commercial jet
goes off course, military jets are always there within 20 minutes, and yet,
on 9-11, some of the jets were off course for over an hour. But, of
course, I don't KNOW those things, it's just what I've read. True or
not true? I remain suspicious and skeptical of our government, and I do
KNOW that our government routinely lies to us about money and many other
things, and continues to violate the Constitution in so many more ways each
day, so why should I trust them about anything else? If they want
credibility, they should start by telling the truth, especially about the
nation's money!
And
so, I still have questions about 9-11, and the attack on the USS Liberty.
=====
A man
who bought silver from us asked me for a price. I responded in
email: We can buy a bag of 90% at about $11,778.48. That's 5%
under spot x 720 oz.
He
responded: Thank you for your generous offer, but I took it to a local
coin shop yesterday before hearing back from you and sold it at a loss at
$10,950 (unfortunately).
I will
always in the future try to buy and sell to you. I can see that you are
more than fair.
=====
Again, I will re-iterate what I wrote in my last email:
Buying silver is
not only directly good for your own prosperity, it is also one of the
most effective ways to non-violently resist and dismantle
deadly totalitarian empires, whether they are growing up in
America, or around the world. Ultimately, free market principles
win. Top-down totalitarianism (including price fixing and market
manipulations) always fails, because it does not have a pricing
mechanism to know if what they are doing is profitably sustainable, and thus,
ultimately, they cannot pay for their errors.
Buying silver is 80
times as effective as buying gold, if not more effective.
Why? Because it will take far less money to move the silver market up,
which reveals the fraud of paper money all the same, and thus, thwarts
the thieves of their ability to steal through issuing ever more paper money,
which prevents them from paying the salaries of their thugs.
=====
I strongly advise you to get real
gold and silver, at anywhere near today's prices, while you still can.
Price
Board:
http://jhmint.com/cgi-bin/ssrbidask
Our Coin Shops are open 10AM to 5PM Pacific, Monday to Friday
100 oz. silver minimum, USA shipping, wire transfer only!
Janelle (530) 913 0553 silver_support1@vzw.blackberry.net
JH MINT & Coin Shop, Grass Valley, CA
(530) 273-8175
http://www.jhmint.com/
Rocklin Coin Shop,
CA, 15 min north of Sacramento
http://rocklincoinshop.com/
Or visit www.momsilvershop.com
(Mom will ship in
lots of more or less
than 100 ounces of silver, and overseas, and take credit cards or pay
pal.)
Sincerely,
Jason Hommel
www.find-your-local-coin-shop.com
www.silverstockreport.com
www.miningpedia.com
www.bibleprophesy.org
I
have 2 major resources on mining stocks to offer to you.
First,
look at www.miningpedia.com
It is a FREE comprehensive database of mining stocks. Anyone can update
or enter data, it's like wikipedia.com. Miningpedia has replaced the
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Second,
I offer a "look at my portfolio" for $50/month; where I share a
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Please visit Silver
Stock Report for specific
stock picks.
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