If they don’t get it after this, forget about them as they are obviously an intellectual midget.

Trade your fiat for real money while the criminal element still has a grip on the price with their fraudulent paper. A lot of bloggers are scared and/or intimidated to say it for fear of a legal action but I am not. The silver ETF SLV and the gold ETF GLD are fraudulent investment vehicles. They do not have the precious metal to back their sales. People invested in those products stand to lose every cent.

www.FutureMoneyTrends.com There simply isn’t enough physical silver to deal with the demand of a fiat currency crisis. As the paper silver market pushes prices down, all hell will break loose in the physical market.
Video Rating: 5 / 5

90% US Silver JUNK Coins PRE-1965 1 oz OUNCE MIXED LOT

• Ounce Silver Pre-1965 Junk 90% Silver coins half dollar quarter dime

UP FOR SALE IS 1+ OZ OF 90% US SILVER COINS. OVER ONE OUNCE SILVER COINS SHIPPED TO THEM. I GUARANTEE EACH LOT WILL BE A LITTLE OVER ONE OUNCE OF 90% SILVER COINS. THE WINNER WILL RECEIVE A MIX OF COINS RANGING FROM WALKING LIBERTY , AND FRANKLIN HALF DOLLARS, KENNEDY 1964 HALF DOLLAR , WASHINGTON QUARTERS, MERCURY, AND ROOSEVELT DIMES. I WILL RANDOMLY SELECT THESE COINS , WEIGH THEM AND SEND THEM OUT TO YOU. THESE COINS ARE UN-SEARCHED AND UNGRADED WHO KNOWS WHAT YOU WILL FIND. I CAN NOT GUARANTEE WHAT MIX OF COINS YOU WILL GET, BUT IT WILL BE OVER ONE OUNCE OF 90% PURE SILVER COINS ALL 1964 OR EARLIER AND ARE ALL IN EXCELLENT CONDITION. ( NO CULL OR WORN COINS ) Due to the fluctuating price of silver, There will be no returns of this item

Prior to 1965, all U.S. coins intended for circulation that were larger than a nickel (i.e., dimes, quarters, half dollars, and dollars) were composed of 90% pure silver. The high intrinsic value of these coins relative to their face value caused them to quickly leave the marketplace when the cupro-nickel coins arrived. Though not officially designated as bullion coins, these 90% silver coins are, in fact, valued and traded for their bullion content. 90% silver coins are sold in assorted face value bags comprised of a mix of Roosevelt dimes, Washington quarters, and ’64 Kennedy half dollars which offer the investor an affordable, convenient, and easily divisible means of owning silver, 90% silver coins are highly appropriate as a hedge against more volatile investments

List Price: $ 29.75

Price: $ 29.75

Buy silver now!

This post is courtesy of Robbie the Robot

No related posts.

Gold, The Real Reason for the Fall of Dominique Strauss-Kahn

Commodities / Gold and Silver 2011 Jun 12, 2011 – 02:41 AM

By: Andrew_McKillop

Requesting anonymity in return for speaking, senior French financial officials have disclosed their interpretation of why and how Dominique Strauss-Kahn known as “DSK” in France, fell suddenly from world power as head of the IMF. Cited on French blog sites, these officials see nothing less than a threat to world monetary stability and the integrity of the global economy, behind the dramatic sleaze operation that felled the woman-chasing, globetrotting freespender with a B-movie sting in a Manhattan hotel room.

Not only the USA is in financial and monetary meltdown and shackled by snowballing debt. In the European and Middle East-North African Arab region, monetary crisis is now in high gear. Not only DSK but finance ministers and central bank governors across the region know that if the dollar crumbles further, and regional debt and monetary disorder racks on and up, it is the euro which also will fall, creating a tidal wave of panic across Europe, the Arab world and further afield.

DSK’s shuttle diplomacy and IMF financial firefighting was in high mode, when he disappeared from the scene leaving a sordid scrabble for the role of new IMF chief, pitting Europe, Japan and the USA against the world’s only creditor countries: China, India, the Arab petromonarchies, Russia, Brazil and a very few other, small net creditor countries. For Europeans, the threat posed by Arab spring revolts now moving into all-out civil war in several theatres is at least as great as its own internal meltdowns featuring the PIIGS, the UK, Eastern and SE European EU27 countries.

GOLD AND MONEY
Each time an Arab regime falls and its long-time head of state flees – often to Saudi Arabia but very surely not in the Gaddafi case – its central bank’s official reserves of gold will have no relation at all to what smaller amount is still left in its vaults. In the Tunisian case it is known that the wife of ousted strongman Ben Ali took at least 22% of the central bank’s official reserves in one fell swoop. When Mubarak finally abandoned all attempts at crushing Egypt’s democracy protestors, his family and henchmen scooped an unknown quantity of gold from its central bank vaults. The official reserve of 75.60 tons unchanged for 22 years is now extremely unlikely to be the real reserve. When Gaddafi and his sons who remain alive flee from Libya, its official gold reserves, flexibly estimated at anything from about 143 tons to over 220 tons will in no way correspond with what is left. If or when the Bachr al Assad regime of Syria tumbles, and al Assad and his family and henchmen possibly flee to Tehran, certainly not Riyadh, its official gold reserves of 25.80 tons, unchanged for over 30 years, will rather surely not be what the incoming regime will find left in its central bank.

Any country whose central bank has little or no fiduciary and official gold, and is edging near civil war or is in civil war, and has an economy in meltdown will also have a money that is worthless. International currency market speculation will ensure that, fast.

Financial firefighters have a single unchallenged world leader: the head of the IMF. By a touching act of faith and self-delusion, the IMF is thought able to “mobilize” financial resources, and especially gold, to restore confidence in any country’s money, in return for draconian austerity measures aimed at impoverishing its ordinary citizens. The financial sector, both national and international is given full access to all national assets in a riot of private profiteering, increased social stress and competition for jobs, public squalor and national humiliation.

THE DSK GOLD SCAM
On the eve of DSK’s easily-organized “honeypot sting” in a New York hotel, instantly removing him from the levers of power inside the IMF, he was due to meet with Germany’s Angela Merkel and Eurozone-17 financial and monetary leaders, ostensibly to discuss IMF-backing for European national financial bailouts in Greece, Portugal and Ireland, and other countries, totalling hundreds of billions of euro. Germany is the undisputed money-master in Europe, with a huge trade surplus and an unswerving mercantilist strategy of turning its trade surpluses into gold: Germany holds more than one-third of all official gold in Europe, and its national reserve of about 3402 tons places it second-only to the USA, and well before third-ranking IMF by tonnage held.

Germany is therefore always interested in buying gold, especially at a low price, which the IMF is unquely placed to facilitate and organize. Methods used by the IMF feature the issuance – or printing – of its own near-money Special Drawing Rights, and the swapping of these for central bank gold from “assisted countries”. The aided country will, through IMF magic, report an increase – not a decrease – in its central bank holdings despite the physical gold being transported out of the country. The official logic is that raised amounts of theoretical-only gold in its central banks vaults will stem speculation against the national currency, as part of the economic healing process. When this produces new economic strength, the central bank can buy back the gold it swapped for SDRs, using these to exchange for dollars, euro, yen, British pounds or Swiss Francs and cover its trade deficit crisis, budget crisis, or other transitional economic stress during “IMF adjustment”.

Since late 2007 when DSK ran the IMF, its operations were multiplied about 100-fold in size, reflecting the size of financial crises not affecting the traditional prey of the IMF – low income Third World countries – but newly bankrupt richworld urban-industrial democracies of the OECD. The Third World remedies of the IMF, basically impoverishment of around 60% of the population and enrichment of the 40% designated “emerging middle classes”, are unlikely to work either in Arab revolt countries, or Europe or the USA – but the IMF has no other medecine.

The DSK-led financial firefighters therefore had no choice but focus the real and hard assets of its aided victim countries – central bank gold. In this context a high gold price is vital, despite this being heresy for the IMF whose official mission is to matain or restore confidence in fiat paper moneys by pushing down gold bullion prices whenever and wherever it can. Emerging and leaked comment on DSK’s “last days at the IMF” from French financial officials indicate massive plans to sell gold to Germany. The process, under full crisis conditions, would include channelling stolen and looted gold from the central banks of collapsing Arab dictatorships, and massive gold swap deals with the central banks and money authorities of near-bankrupt and nearing-bankrupt but gold-rich European countries, especially Portugal, Greece, Spain, Belgium and Romania.

Anything could go wrong in a high-risk ultra-secret set of negotiations. The counterparty to handing over gold to any official but secret buyers, which as well as Germany could have included the USA, China and India, Russia, Brazil and the Arab petro-states, is simple: cash. The process therefore also needs and generates large gold sales, with telltale daily traces in gold bullion trading and daily gold price movement.

We can provisionally conclude the scam failed and DSK had to rapidly disappear. Certainly this year, probably by late summer, the failure of the DSK operation will be clearly shown. Signs could include a radically toughening of the German stance on financial aid to Eurozone states, serious weakening of the euro, and revelations of missing gold in several Arab states, followed by an explosion of gold prices.

By Andrew McKillop

Contact: xtran9@gmail.com

Former chief policy analyst, Division A Policy, DG XVII Energy, European Commission. Andrew McKillop Biographic Highlights

Andrew McKillop has more than 30 years experience in the energy, economic and finance domains. Trained at London UK’s University College, he has had specially long experience of energy policy, project administration and the development and financing of alternate energy. This included his role of in-house Expert on Policy and Programming at the DG XVII-Energy of the European Commission, Director of Information of the OAPEC technology transfer subsidiary, AREC and researcher for UN agencies including the ILO.

© 2011 Copyright Andrew McKillop – All Rights Reserved Disclaimer: The above is a matter of opinion provided for general information purposes only and is not intended as investment advice. Information and analysis above are derived from sources and utilising methods believed to be reliable, but we cannot accept responsibility for any losses you may incur as a result of this analysis. Individuals should consult with their personal financial advisors.

© 2005-2011 http://www.MarketOracle.co.uk – The Market Oracle is a FREE Daily Financial Markets Analysis & Forecasting online publication.

Technorati Tags: Dominique Strauss-Kahn, Andrew McKillop, Market Oracle, Gold Fraud, Germany, Middle East, IMF, scam, SGT Report

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The Greek “Ultimatum”: Bailout (For The Bankers) And (Loss Of) Sovereignty

Submitted by Tyler Durden on 05/29/2011 19:19 -0400

So after one year of beating around the bush, it is finally made clear that, as many were expecting all along, the ultimate goal of the Greek “bailouts” is nothing short of the state’s (partial for now) annexation by Europe. According to an FT breaking news article, “European leaders are negotiating a deal that would lead to unprecedented outside intervention in the Greek economy, including international involvement in tax collection and privatisation of state assets, in exchange for new bail-out loans for Athens.

…Read rest of article here

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Bring that forward to Wednesday, May 18th when I received the following email:

Mega Precious Metals Inc. (TSX Venture: MGP)
Currently: $0.37
http://www.megapmi.com

Important: NIA never recommends that you buy or sell any stock. We are not investment advisors and don’t provide investment advise. NIA strongly warns when buying or selling any stock that you always use a limit order and never use a market order. It is also a good idea to always be patient and never chase a stock if it rises above the price you liked it at.

NIA is pleased to announce to you its latest gold stock suggestion. The company is Mega Precious Metals, Inc. and it is trading in Canada on the TSX Venture exchange under ticker symbol MGP and in the U.S. on the pink sheets under ticker symbol MPRXF.

MGP is a gold exploration company with three major gold exploration projects in Canada. MGP‘s most advanced exploration project Monument Bay is located in North East Manitoba.

MGP has two earlier stage exploration projects located in Red Lake, Ontario called North Madsen and Headway.

MGP has 74.3 million shares outstanding and at its current share price of $0.37, MGP has a market cap of $27.49 million. In February, MGP closed on a private placement in which it raised $11.5 million by issuing 14.375 million shares at a price of $0.80 per share. MGP is currently sitting on around $10 million in cash.

MGP‘s current share price is less than HALF of where major investors invested $11.5 million into the company only three months ago! To the best of our knowledge, nothing negative has happened to the company since then. The stock has slowly drifted downward on very low volume averaging only 75,687 shares per day. We believe MGP is an undervalued, undiscovered gem, with astronomical upside potential once the investment community discovers it.

MGP‘s Monument Bay property has an inferred resource of 1,212,000 ounces of gold! If you subtract MGP‘s estimated $10 million in cash from its current market cap at $0.37 of $27.49 million, the market is valuing MGP‘s 1.2 MILLION ounce gold resource at Monument Bay at only $14.43 per ounce! Gold is currently $1,483 per ounce, which means MGP‘s NI 43-101 compliant gold resource base is being valued at less than 1/100th the price of gold!

That’s also not giving MGP any value at all for their North Madsen and Headway properties in Red Lake, Ontario. Not many people know this, but gold was first discovered in Red Lake in 1926 and less than a decade later in 1936, Red Lake’s Howey Bay became the busiest airport in the world with more flights taking off and landing per hour than any other airport in existence worldwide.

Goldcorp (GG), which currently has a $38.9 BILLION market cap, has a gold mine at Red Lake called the Red Lake Gold Mine, which is Canada’s LARGEST gold mine! In 2010, GG‘s Red Lake Gold Mine produced 703,300 ounces of gold at a cash cost of only $297 per ounce.

MGP‘s North Madsen properties at Red Lake are comprised of the land packages of Laverty and East My-Ritt. The Laverty claim consists of six patented mining claims totaling approximately 240 acres that are contiguous with the historic Hasaga and Howey gold mine properties, which produced approximately 640,000 ounces of gold within similar host rock to those located on the Laverty property. Historic exploration on the Laverty property has confirmed the presence of extensive near-surface gold mineralization.

MGP‘s East My-Ritt property consists of eight patented mining claims totaling approximately 320 acres that are contiguous with MGP‘s Laverty property and adjacent to the historic Hasaga and Howey gold mine properties. Gold occurrences spatially associated with the structure include diamond drill intersections grading 18.2 g/t gold over 3.5m and 7.43 g/t gold over 1.0m.

MGP‘s Headway property consists of six (6) patented claims and one (1) unpatented claim units totaling approximately 320 acres. The property appears to have all of the essential geological elements including a well-developed intersection pattern of stratigraphic, shear / deformation zones that are associated with the high grade gold system on the adjacent mine properties.

MGP has an experienced management team that is committed to an accelerated growth strategy to develop MGP‘s projects. MGP‘s CEO Jim Rogers was previously GG‘s Regional Exploration Manager for the Red Lake region who was credited with discovering GG‘s high grade zone at their Red Lake Gold Mine. That’s right, the person who discovered the high grade gold zone at the Red Lake Gold Mine, the largest gold mine in Canada, which produced 703,300 ounces of gold last year and is owned by GG, a $38.9 billion company, has now become the CEO of MGP and MGP owns two major properties at Red Lake that NIA believes the market is currently giving absolutely no value to.

MGP‘s Chairman is Ewan Downie, who is currently also the President and CEO of Premier Gold Mines (TSX: PG), a $624 million company. He was previously the President and CEO of Wolfden Resources, which was acquired by Zinifex Limited for $360 million.

NIA does not own a position in MGP. NIA could accumulate a position in MGP in the future. If NIA decides to purchase MGP shares, it will be fully disclosed at the bottom of our MGP profile on Inflation.us.

Our Legal Disclaimer: http://inflation.us/legaldisclaimer.html

So shortly after this email was received, without doing my own due diligence (BIG MISTAKE), I took the NIA at face value and purchased 1000 shares at $0.60. So now with a share price of $o.47, I have taken a kick in the nuts. Something did not smell right, but I have been busy with other things and did this buy as an emotional reaction from someone I trusted. So how did I find out about this? Simple…from Peter Schiff’s video blog from yesterday, Friday May 20, 2011:

+++++++++++++++++++++

Click here to view the embedded video.

Schiff Report Video Blog May 20th 2011

NIA touts penny stock Mega Precious Metals based solely on its “inferred” 1.2 million ounces of gold. However, NIA knows that “inferred” resources are practically meaningless. More important, they also know that their members, not being sophisticated gold investors, have no clue what “inferred” means and they exploit that ignorance to create a false impression of value. Mega Precious Metals is Mega B.S. DO NOT BUY ANY STOCKS TOUTED BY NIA

Note: NIA responded to this video by raising a straw man. They claimed they did not “pump and dump” the stock since they did not personally sell any shares. However i never accused them of that. I alleged that a third party paid them to pump up the stock so the third party could sell their shares. The fact that they never addressed this allegation is pretty compelling evidence that it’s true. They also claimed that they warned their members that Mega’s gold ounces were merely “inferred.” That is my point –they did not warn them!. They did not define “inferred”, and they counted on the fact that their members would wrongfully assume that “inferred” meant they actually had gold. That is why they fraudulently calculated the value of their “inferred” ounces based on today’s gold price. They also included a list of legitimate gold recommendation. But they only make those “suggestions” to lay the foundation for future pump and dump schemes.

In addition, they accused me of running a failing brokerage firm that will soon be out of business despite the fact that my business has never been better. We have more clients, more revenue, and more profits than ever. We also generally charge much lower commissions than what they claim.

+++++++++++++++++++++

According to Peter Schiff, I should hire a lawyer and sue NIA. Will I? I don’t know. It depends. If there is a class-action, I may pile on with extra weight, but for the time being I will get some satisfaction by helping reduce the population of ‘suckers born every minute’ by revealing how I was suckered in.

As I have said many times, there is no room in the markets for emotion. It is rife with fraud, deceit, and criminal activity from all levels and all players. When you enter a rigged casino to play their game, be prepared to get burned a few times. This is an example of how my greed knocked the shit out of my smarts.

If I had done my due diligence and investigated NIA I would have learned that NIA is a front for Jonathan Lebed, the youngest person ever charged with pump and dump crimes by the SEC.

From Wikipedia:

Jonathan Lebed (born September 29, 1984) is an American notorious for using internet technology to hype stocks.

Between September 1999 and February 2000 Lebed made hundreds of thousands of dollars by posting in internet chat rooms and on message boards encouraging people to buy penny stocks he already owned, thus, according to the SEC, artificially raising the price of the stock. The SEC under Arthur Levitt prosecuted him. In 2001 Lebed and the SEC negotiated an out-of-court settlement in which Lebed forfeited $285,000 in profit and interest he had made on 11 trades without admitting any wrongdoing — allowing him to keep close to half a million dollars.

So at the time of writing this I have received yet another email from the NIA where they refute every claim that Peter Schiff has made against them.

For the past two years, NIA has built one of the world’s most impressive track records of free stock suggestions. Not including NIA’s latest stock suggestion Mega Precious Metals, NIA has released 27 stock suggestions and they have made an average gain at their highs of 196% from NIA’s profile prices.

NIA has always made it very clear that we are not investment advisors and our stock suggestions have been just that, suggestions. NIA has never recommended to its members that they buy or sell any stock. NIA’s stock suggestions have been 100% completely unbiased. NIA has NEVER once sold a single share in any of its stock suggestions. Let us repeat, NIA has NEVER once sold a single share in any of its stock suggestions.

There is a certain well-known traditional old-fashioned stock broker who has recently been losing a lot of his business and believes NIA is partially responsible for his company’s decline. NIA used to have a lot of respect for this person and we still agree with many of his economic viewpoints. Unfortunately, his brokerage firm will most likely no longer exist in a few years and it has nothing to do with the success of NIA.

We are not going to mention this person’s name and give his brokerage firm any publicity. The truth is, this firm charges very large commissions of approximately 3.5% every time one of its clients buy or sell any stock. NIA for the past two years has been suggesting to its members that they open up online brokerage accounts with firms such as Etrade, Ameritrade, and Scottrade, where they can buy or sell any stock for approximately $10 per trade.

There is no reason why any investor should have to see a 7% gain in a stock that they purchase before making a profit. With an online brokerage account, if you invest $25,000 into a stock and it rises 5%, you would make $1,230 if you sold it. If you invested $25,000 into that same stock using a traditional old-fashioned broker and you sold it after it gained 5%, you would lose $543.75.

NIA would like to take this opportunity to make it perfectly clear that neither our organization, anybody who works for our organization, or anybody affiliated with our organization owns a single share of Mega Precious Metals (TSX Venture: MGP) or has ever owned a single share of MGP. We are shocked that this traditional old-fashioned stock broker who we used to have so much respect for would outright lie and say that NIA “pumped and dumped” this stock without presenting a shred of evidence.

It is impossible for someone to “pump and dump” a stock if they never bought or sold a share of it. Even somebody with no stock market experience can look at a chart of MGP and see that it has been falling straight down for months on almost no volume. It would have been impossible for anybody to have accumulated even a modest sized position in the company before NIA’s profile. NIA profiled it right at the bottom.

NIA has the most intelligent membership base in the world. This old-fashioned broker is obviously extremely jealous of the success of NIA members who no longer have to pay brokers like him 7% per round-trip trade, more than the commission to sell a house. Yes, some of NIA’s stock suggestions like MGP are risky and speculative. NIA made it very clear that MGP‘s gold resource base is an inferred resource and not a proven reserve.

The truth is, if you want to outperform the rest of the market, you sometimes need to take risks. The best performing mining stocks will be companies with inferred resource bases that turn them into proven reserves. If you invest solely into companies that already have proven reserves, their stocks are most likely fully valued with limited upside potential. NIA hopes that the rest of this old-fashioned broker’s remaining clients soon wake up and realize they are paying 7% round-trip commissions for no reason at all.

NIA’s track record speaks for itself. Let’s see where MGP is trading at the end of 2011. NIA is extremely confident it will become a huge winner. In fact, we bet our reputation that it will become a huge winner from its current price of $0.47 over the long-term. Although NIA hasn’t purchased a position in MGP yet, it is possible that NIA’s President will begin accumulating a position soon.

If any investor wants exposure to many different well-known established mining companies with proven reserves that have already been discovered by the investment community, all one has to do is purchase the ETF Market Vectors Gold Miners ETF (GDX). With any online brokerage account for only a single $10 trade, you can purchase GDX, which is well-diversified into many of the largest most established miners. There is absolutely no point for anybody to have a brokerage account with a brokerage firm that provides no value for the large commissions that they charge.

Since NIA was formed in February of 2009, NIA has released 28 public stock suggestions. Only on 1 occasion has NIA ever owned a stock suggestion in advance before profiling the company to the public. That company was Garibaldi Resources Corp (TSX Venture: GGI). Not only did NIA’s President Gerard Adams fully disclose his ownership of 183,000 shares, but he agreed to hold his shares for 90 days so that in no way would he benefit from any attention NIA’s profile generated for the company. Our original profile of GGI was released on December 28th, 2010, and still to this day, Mr. Adams holds his entire position.

All other positions held by Mr. Adams in NIA’s stock suggestions were purchased well after our profiles were made public. This means, except for GGI, NIA members always had the opportunity to purchase NIA’s stock suggestions before NIA’s management did. All positions held by Mr. Adams are fully disclosed at the bottom of our profiles on Inflation.us. Mr. Adams is a long-term investor and has never once sold a single share purchased in any of NIA’s stock suggestions. Besides Mr. Adams, nobody else who works for NIA or has any affiliation with NIA has ever bought or sold a single share in any of NIA’s stock suggestions.

There is a reason why Glenn Beck calls NIA a very credible organization, yet no longer invites this stock broker on the air. There is a reason why NIA’s membership base is growing by leaps and bounds and far exceeds this stock broker. NIA’s President spends 12 hours per day studying the economy and researching stocks. His number one goal in life is not making money for himself, but is preparing Americans for hyperinflation and helping as many Americans as possible survive and prosper during the currency crisis that is ahead.

Here is a list of all of NIA’s past public stock suggestions along with their percentage gains at their highs:

Newmont Mining (NEM)
Suggested on February 26th, 2009, at: $40.68
High on September 22nd, 2010, of $65.50 +61%

Barrick Gold (ABX)
Suggested on February 26th, 2009, at: $31.34
High on April 21st, 2011, of $55.74 +78%

Silver Wheaton Corp (SLW)
Suggested on February 26th, 2009, at: $6.74
High on April 8th, 2011, of $47.60 +606%

Potash Corp of Saskatchewan (POT)
Suggested on March 4th, 2009, at: $24.88
High on February 14th, 2011, of $63.97 +157%

GoldCorp Inc (GG)
Suggested on March 11th, 2009, at: $28.05
High on April 28th, 2011, of $56.20 +100%

Royal Gold Inc (RGLD)
Suggested on March 18th, 2009, at: $42.21
High on April 28th, 2011, of $62.01 +47%

Eldorado Gold Corp (EGO)
Suggested on April 1st, 2009, at: $9.14
High on September 15th, 2010, of $20.23 +121%

Zhongpin Inc (HOGS)
Suggested on April 1st, 2009, at: $9.16
High on November 5th, 2010, of $25 +173%

Yamana Gold Inc (AUY)
Suggested on April 8th, 2009, at: $8.17
High on December 2nd, 2009, of $14:37 +76%

Ivanhoe Mines Ltd (IVN)
Suggested on April 15th, 2009, at: $5.84
High on December 7th, 2010, of $30.03 +414%

Hecla Mining Co (HL)
Suggested on April 30th, 2009, at: $2.47
High on January 3rd, 2011, of $11.56 +368%

First Majestic Silver Corp (TSX: FR)
Suggested on June 2nd, 2009, at: $2.72
High on April 6th, 2011, of $25.79 +847%

Endeavour Silver Corp (EXK)
Suggested on June 17th, 2009, at: $1.66
High on April 8th, 2011, of $12.75 +668%

Entrée Gold Inc (EGI)
Suggested on July 9th, 2009, at: $1.39
High on January 3rd, 2011, of $3.52 +153%

Capital Gold Corp (CGC)
Suggested on August 5th, 2009, at: $2.48
High on April 8th, 2011, of $6.57 +165%

DRDGOLD Ltd. (DROOY)
Suggested on October 18th, 2009, at: $7.20
High on January 15th, 2010, of $7.90 +10%

AgFeed Industries, Inc. (FEED)
Suggested on November 3rd, 2009, at: $4.60
High on January 7th, 2010, of $5.69 +24%

China Sun Group High-Tech Co. (CSGH)
Suggested on December 14th, 2009, at: $1.61
High on January 8th, 2010, of $2.35 +44%

NGAS Resources Inc. (NGAS)
Suggested on February 11th, 2010, at: $1.38
High in 2010, of $2.14 +55%

Revett Minerals Inc. (RVM)
Suggested on March 22nd, 2010, at: $1.9975
High on April 6th, 2011, of $6.32 +216%

Coeur d’Alene Mines Corporation (CDE)
Suggested on May 3rd, 2010, at: $17.92
High on April 6th, 2011, of $37.59 +110%

Pyramid Oil Company (PDO)
Suggested on June 15th, 2010, at: $4.39 

High on February 24th, 2011, of $9.40 +114%

Canadian Zinc Corp (TSX: CZN)
Suggested on July 28th, 2010, at: $0.37
High on February 22nd, 2011, of $1.56 +322%

U.S. Silver Corporation (TSX Venture: USA)
Suggested on September 20th, 2010, at: $0.28
High on November 9th, 2010, of $0.83 +196%

Garibaldi Resources Corp (TSX Venture: GGI)
Suggested on December 28th, 2010, at: $0.295
High on February 23rd, 2011, of $0.56 +90%

PC Gold (TSX: PKL)
Suggested on March 7th, 2011, at: $0.83
High on March 7th, 2011, of $1.16 +40%

Nautilus Minerals Inc. (TSX: NUS)
Suggested on April 13th, 2011, at: $2.59
High on April 14th, 2011, of $3.51 +36%

NIA’s President owns 183,000 shares of GGI, 3,500 shares of CDE, 10,000 shares of RVM, 20,000 shares of CSGH, 7,400 shares of DROOY, 36,500 shares of EGI, 5,950 shares of EXK, 10,000 shares of HL, 2,700 shares of IVN, 2,300 shares of AUY, and 600 shares of NEM, and could sell any of these shares at any time.

The exact gains above may have been difficult or impossible to achieve. Past performance is no indication of future returns.

Our Legal Disclaimer: http://inflation.us/legaldisclaimer.html

 

So you can see that there is a public battle brewing between Peter Schiff and the NIA / Jonathan Lebed. So who do I trust? Peter Schiff wins hands down. Why? Among other reasons any person or organization who refers to Glenn Beck in an effort to gain credibility is suspect.

Glenn Beck is a New World Order sock puppet who exists/existed to divide and conquer reality.

This is a public vetting of my due diligence, or lack thereof. Who else was scammed? I account for 1000 of the 1.5 million shares. Come on people…fess up. It will sooth the soul.

UPDATE – May 22, 2011, 7:24 PM EST

George Hemminger deleted all of his videos. Wish I would have downloaded them for posterity sake. Hopefully he saw the light and realized that Peter Schiff is right and the he was wrong for calling Peter out.

UPDATE – May 21, 2011, 12:39 PM EST

NIA Founder George Hemminger responds to Peter Schiff video with one of his own. This ‘pissing contest’ is getting rather heated non?

Click here to view the embedded video.

Click here to view the embedded video.

UPDATE – May 21, 2011, 8:11 PM EST

I wish I had saw this first. Bob Chapman is salt of the Earth.

Click here to view the embedded video.

UPDATE – May 21, 2011, 9:35 PM EST

Click here to view the embedded video.

UPDATE – May 21, 2011, 10:00 PM EST

Screen shot of the stock from my Questrade Account:

Technorati Tags: NIA, National Inflation Association, College Conspiracy, Peter Schiff, Pump and Dump, Jonathan Lebed, scam, SEC, fraud, penny stocks, George Hemminger, Glenn Beck, Bob Chapman

This post is courtesy of Robbie the Robot and The Mad Ape

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Collapse

• COLLAPSE (DVD MOVIE)

Can this man predict when your world will crumble?
The Explosive New Documentary From The Director Of THE YES MEN and AMERICAN MOVIE
 
It’s the shattering documentary that has been called superb (Entertainment Weekly), hypnotic and haunting (Time Magazine) and so masterfully made it s impossible to look away (AllMovie.com).

COLLAPSE is the story of Michael Ruppert, former Los Angeles police officer turned rogue reporter whose eerie prediction of the current financial crisis shocked millions. Now Ruppert is warning of a new meltdown, one rooted in oil, economics, and covert U.S. policies that are leading us all towards unprecedented global disaster.

Is he a prophet who can clearly see America s terrifying future, or a conspiracy theorist fueled by fear and paranoia? And if Ruppert is right, can this slide into catastrophe be stopped? Experience this sometimes harrowing, often poignant and always riveting look into the mind of the ultimate outsider from filmmaker Chris Smith, the award-winning director of American Movie and The Yes Men.

You might not want to watch Collapse if you’re in a good mood. On the other hand, viewing this documentary in a bad mood might not be such a good idea either–at least not if there are any sharp objects lying around. Such is the extremity of the dire message delivered by Michael Ruppert, who predicts nothing less than the imminent and total breakdown of industrialized civilization. Ruppert has some credentials–a UCLA graduate, he served in the Los Angeles Police Department, and is now an investigative journalist with many articles and several books to his credit–and a large amount of information at hand. And although it’s worth noting that everything he offers in the way of facts in the course of this film goes virtually unchallenged, his argument is compelling, and more than a little frightening.

As Ruppert sees it, the collapse can be attributed primarily to just one thing: oil, and our almost complete dependence on it. The world has passed the point of peak production, he says, and the supply is now in steady decline (and this was well before the 2010 spill disaster in the Gulf of Mexico). There is no currently viable energy alternative–ethanol, nuclear power, Canadian “tar sand,” and everything else is dismissed outright, leaving only wind and solar power as vague possibilities.

The planet’s unsustainable population growth began with the discovery of oil (and it will go down accordingly when the oil is gone), Ruppert argues; what’s more, the world’s economy is essentially a “pyramid scheme” based on the notion of infinite growth, which can’t happen because it too depends on oil and its many derivatives (such as plastic).

In the end, he says, what we’re witnessing is Darwinism in action, and while there are a few ways to prepare for what he passionately describes as “the cataclysmic end of a paradigm” (he suggests learning to grow your own food, for starters), the momentum is irreversible. One might be tempted to dismiss this guy as some wacko with a website, but Collapse–essentially a long interview conducted by director Chris Smith, supported by photos, film footage, animation, and other visuals to illustrate Ruppert’s arguments–offers some very serious food for thought. –Sam Graham

List Price: $ 19.98

Price: $ 10.99

Technorati Tags: Michael Ruppert, Collapse, Peak Oil

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Join Us: ampedstatus.org
Video Rating: 4 / 5

Группа хакеров “Anonymous” опубликует в понедельник взломанную ими переписку Банка Америки, которая является доказательством преднамеренной подтасовки данных и ведения экономической войны против населения. Это станет их первой операцией в том, что они называют операцией “Empire State Rebellion”.

This post is courtesy of Robbie the Robot

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3. To my Irish Friends. Give a BIG FU to the EU. Hotspots with Max Keiser – Ireland destroyed by Financial Terrorists...

Max Keiser interviews Irish citizens in this two-part documentary, where he demonstrates exactly how their country has been gutted.

Ireland has been destroyed by Financial Terrorism and the people of Ireland have taken it up the arse because their chicken-shit government sold them out.

Click here to view the embedded video.

People of Ireland should be in the street fighting mad and demanding their government go Iceland on the Bankers. Why should tax payers fund the lost bets of Financial Terrorists? Their needs to be a revolution to end the Global Occupation against Banker Occupation.

Click here to view the embedded video.

To the people of Ireland your only escape from complete financial tyranny is to buy silver bullion and take physical possession of it. That way when the fiat currency becomes worthless, and it will, you will still have some wealth to obtain goods and services.

Join the Silver Liberation Army and give a big FU to the EU!

Click here to view the embedded video.

Click here to view the embedded video.

maxkeiser.com Financial war reporter, Max Keiser, travels to the global financial war. This time, Keiser is in Ireland.
Video Rating: 5 / 5

This post is courtesy of Robbie the Robot

Technorati Tags: Max Keiser, SLA, Silver Liberation Army, financial terrorists, Financial Terrorism, Ireland, Hotspots, Hot Spots

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Andrew Cockburn, producer of American Casino Pt2: From Greenspan’s “faulty ideology” to today’s Fed
Video Rating: 4 / 5

This post is courtesy of Robbie the Robot

No related posts.

Either hold precious metal or go broke. The choice is yours!

Technorati Tags: Buy Silver, silver, Buy Gold, gold, precious metals, dollar collapse, global economic collapse, Sprott, Physical Silver, Physical Gold, Sprott Physical Gold Trust, Sprott Physical Silver Trust

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Click here to view the embedded video.

This time Max Keiser and co-host, Stacy Herbert, talk about fake rice and real inequality and about a ‘new model’ that looks a whole lot like an old model called capitalism. In the second half of the show, Max talks to Pierre Jovanovic, author “Blythe Masters,” about credit default swaps, the Queen of commodities and Marie Antoinette.
Video Rating: 5 / 5

This post is courtesy of Robbie the Robot

Technorati Tags: Max Keiser, Keiser Report, Blythe Masters, JP Morgan, Goldman Sachs, Pierre Jonvanovic, fake rice, global insurrection against banker occupation

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Anyone who trusts what these officials and media personalities have to say about the current state of our economy as being in recovery, deserve to LOSE EVERYTHING for being stupid.

Brief video on the coming collapse of the US economy and markets.
BUY SILVER AT WHOLESALE

This post is courtesy of Robbie the Robot

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Click here to view the embedded video.

Protests inspired by the revolt in Tunisia have dominoed along Egypt, Yemen and Algeria with citizens calling for governmental change. Webster Tarpley, an investigative journalist, argues the CIA, and other intelligence services from the US and other former colonial powers are behind uprisings in Egypt and elsewhere in the Middle East.

As I type this is spreading fast. Jordan and Saudi Arabia are now having a massive uprising. The common theme of the local Muslim populace is. We have had enough of being ruled by dictators who are in bed with America.

My only question is when will this hit the shores of North America? Who will fall victim to a massive uprising against Banker Occupation? Will it be Mexico or the USA first? Canada will be third and their only saving grace is that they will get to see it coming.

Technorati Tags: Protests, Egypt, Saudi Arabia, Jordan, Webster Tarpley, Banker Occupation, Canada, Mexico, riots, uprising, civil unrest, USA, CIA, Social Media

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So my Max Keiserism of the day is:

“You cannot cram ten pounds of shit into a five pound sack.” – Max said this in reference to the world’s supposed economical brain trust saying that we need $100 trillion more debt in order to spend out way to economic prosperity.

Here is the interview where Max uses the term while discussing the CFTC, JPM, Ireland, bailouts, the eco-eco crisis and more. This interview took place at at London’s Guildhall on January 27, 2011.

Click here to view the embedded video.

Earlier this week Max used the words Chuppies and Chuppy while referring to Chinese Yuppies.

Click here to view the embedded video.

Some from the past:

Eco-Eco Disaster, Eco-Eco Crisis, Eco-Eco Holocaust
Economic Holocaust
Suicide Bankers
Crash JP Morgan Buy Silver
Financial Terrorists / Financial Terrorism
Weapons of Mass Financial Destruction
Under Banker Occupation
Casino Gulag / Casino Gulag Economy
Rigged Market Capitalism
Crony Capitalism
Peak Credit

Do you know of any other Max Keiserisms? Post them in the comment section below.

FOLLOW MAX AT MaxKeiser.com

Technorati Tags: Max Keiserism, Max Keiserisms, Max Keiser, Keiser Report, Chuppy, Peak Credit, Crony Capitalism, Rigged Market Capitalism, Casino Gulag, Banker Occupation, weapons of mass financial destruction, Financial Terrorists, financial terrorism, Crash JP Morgan Buy Silver, Economic Holocaust, Suicide Bankers, Eco-Eco Disaster, Eco-Eco Crisis, Eco-Eco Holocaust, Sound Money Conference 2011

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This time Max Keiser and co-host, Stacy Herbert, look at the scandals of no exits and no jubilees. At least for the bottom 99.9%

Alex talks about the recent plunge of the Dow and other financial issues with film-maker, broadcaster and former broker and options trader Max Keiser. Max is the host of On the Edge and the financial tabloid the Keiser Report.

This post is courtesy of Robbie the Robot

Technorati Tags: Keiser Report, Max Keiser, maxkeiser.com, Stacy Herbert, jubilees, Alex Jones, Infowars, PrisonPlanet

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Click here to view the embedded video.

Zeitgeist: Moving Forward, by director Peter Joseph, is a feature length documentary work which will present a case for a needed transition out of the current socioeconomic monetary paradigm which governs the entire world society.

This subject matter will transcend the issues of cultural relativism and traditional ideology and move to relate the core, empirical “life ground” attributes of human and social survival, extrapolating those immutable natural laws into a new sustainable social paradigm called a “Resource-Based Economy”.

One voice can make a difference……..a million voices can change the world!

Video Rating: 4 / 5

This post is courtesy of Robbie the Robot

Zeitgeist: The Movie

Zeitgeist: The Movie, by Peter Joseph.
Originally released in 2007 as a non-commercial performance work – only later to evolve into an unprecedented internet sensation – Zeitgeist: The Movie is a aesthetically driven documentary film divided into three sections – each a commentary on what the director calls angles of “Social Mythology”.
The first section, entitled “The Greatest Story Ever Told”, explores the topic of comparative religion, specifically the controversial relationship between early pagan religions and their influence on the Judeo-Christian system of belief as it is practiced and defined today.
The second section, entitled “All the World’s a Stage” explores the events of September 11th 2001 from the stand point of inconsistencies, inaccuracies and improbabilities with regard to the official account put forward by the United States Government.
The third section, entitled “Don’t Mind the Men Behind the Curtain” explores a series of monetary related and power issues, including central banking, money creation, wars for profit and their pretexts, terrorism, the consequence of excessive security, government corruption and much more.

Zeitgeist: The Movie has undergone a series of Updates overtime and the DVD provided here is current, including the 2010 Update. Please also note that a free 220 page Companion Source Guide which sources virtually everything in the film can be found online. (Simply search for “Zeitgeist Companion Source Guide”) Zeitgeist: The Movie was followed in 2008 by a sequel entitled Zeitgeist: Addendum.

***BUYER NOTE: We would like to warn buyers about purchasing this DVD from anyone but the official PeterJoseph/GMP Seller “ZEITGEISTMOVIEOFFICIAL” listed. There are non-official versions out there and we cannot guarantee your purchase will be an authentic official version unless it comes from the ZEITGEISTMOVIEOFFICIAL seller name

List Price: $ 7.00

Price: $ 7.00

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Jayati Ghosh: The future of the eurozone itself is now at stake

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Also in this follow-up interview he goes into greater detail on what we can expect in the coming year. Good news? Hell no. He tells us about his BIG trend…cyber warfare. Can you say Internet Kill Switch? Bye bye last bastion of freedom.

Click here to view the embedded video.

Have fun with that!

Gerald Celente, the founder of the Trends Research Institute, believes that the Internet will empower the youth of the world to unite to start a revolution that will overthrow the existing deadlocked elitist establishment.

He predicts that in 2011 every citizen is going to realize that the Great Recession the world has been living through is actually a Great Depression, because the American establishment is “running out of schemes.”

Gerald Celente reveals his Mystery Trend for 2011

Finally his mystery trend…know the hand that feeds you:  He expects to see more food recalls leading to a growth explosion in the buy and grow local organic food. He feels that this will be an excellent way to make an income, a new way to profit. There will be fundamental changes in the way we grow our food, from rooftop gardens, to small backyard gardens. Small scale and local is the key.

He does expect the establishment to fight back and counter the buy and grow local, but at the end of the day the establishment will not be able to beat back this trend.
RT on Facebook: http://www.facebook.com/RTnews
RT on Twitter: http://twitter.com/RT_com

This post is courtesy of Robbie the Robot

Technorati Tags: Gerald Celente 2011 Trends, Gerald Celente, Internet Nuke Bomb, Journalism 2.0, cyber warfare, Internet Kill Switch, mystery trend, Gerald Celente Mystery Trend Revealed, know the hand that feeds you, grow your own food, rooftop garden, backyard garden, food recalls

No related posts.

The debt ceiling issue will never be resolved in a way that restores confidence in the Dollar, and it is the final red alert flashing warning of a system that cannot be repaired.

SHTFplan.com
http://www.shtfplan.com/headline-news…

Secretary of the Treasury Letter to Harry Reid
http://www.treasury.gov/connect/blog/…

Steve Quayle
http://www.stevequayle.com/index1.html

Coinflation
http://www.coinflation.com/

Music Courtesy Kevin MacLeod:
Titles: “Dark Times”; Kevin MacLeod (incompetech.com) Licensed under Creative Commons “Attribution 3.0″ http://creativecommons.org/licenses/b…

The content in my videos and on the SGTbull07 channel are provided for informational purposes only. Use the information found in my videos as a starting point for conducting your own research and conduct your own due diligence (DD) BEFORE making any significant investing decisions. SGTbull07 assumes all information to be truthful and reliable; however, I cannot and do not warrant or guarantee the accuracy of this information. Thank you.
Video Rating: 4 / 5

This post is courtesy of Robbie the Robot

THE LETTER FROM TIMOTHY GEITHNER  TO HARRY REID

January 6, 2011

The Honorable Harry Reid
Majority Leader
United States Senate
Washington, DC  20510

Dear Mr. Leader:

I am writing in response to your request for an estimate by the Treasury Department of when the statutory debt limit will be reached, and for a description of the consequences of default by the United States.

Never in our history has Congress failed to increase the debt limit when necessary.  Failure to raise the limit would precipitate a default by the United States.  Default would effectively impose a significant and long-lasting tax on all Americans and all American businesses and could lead to the loss of millions of American jobs.  Even a very short-term or limited default would have catastrophic economic consequences that would last for decades.  Failure to increase the limit would be deeply irresponsible.  For these reasons, I am requesting that Congress act to increase the limit early this year, well before the threat of default becomes imminent.

As you know, in February of 2010 Congress passed legislation to increase the debt limit to $14.29 trillion.  As of this writing, the outstanding debt that is subject to the limit stands at $13.95 trillion, leaving approximately $335 billion of “headroom” beneath the current limit.  Because of the inherent uncertainty associated with tax receipts and refunds during the spring tax filing season, as well as other variable factors, it is not possible at this point to predict with precision the date by which the debt limit will be reached.  However, the Treasury Department now estimates that the debt limit will be reached as early as March 31, 2011, and most likely sometime between that date and May 16, 2011.  This estimate is subject to change depending on the performance of the economy, government receipts, and other factors.  This means it is necessary for Congress to act by the end of the first quarter of 2011.

At several points in past years, Treasury has taken exceptional actions to delay the date by which the limit was reached in order to give Congress additional time to raise the limit.  These extraordinary actions include: suspending sales of State and Local Government Series (SLGS) Treasury securities[1]; suspending reinvestment of the Government Securities Investment Fund (G-Fund)[2]; suspending reinvestment of the Exchange Stabilization Fund (ESF)[3]; and determining that a “debt issuance suspension period” exists, permitting redemption of existing, and suspension of new, investments of the Civil Service Retirement and Disability Fund (CSRDF)[4].  Treasury would prefer not to have to engage again in any of these extraordinary measures.  If we are forced to do so again, these measures could delay the date by which the limit is reached by several weeks.  Once these steps have been taken, no remaining legal and prudent measures would be available to create additional headroom under the debt limit, and the United States would begin to default on its obligations.

As discussed in greater detail below, raising the debt limit is necessary to allow the Treasury to meet obligations of the United States that have been established, authorized, and appropriated by the Congress.  It is important to emphasize that changing the debt limit does not alter or increase the obligations we have as a nation; it simply permits the Treasury to fund those obligations Congress has already established.

In fact, even if Congress were immediately to adopt the deep cuts in discretionary spending of the magnitude suggested by some Members of Congress, such as reverting to Fiscal Year 2008 spending levels, the need to increase the debt limit would be delayed by no more than two weeks.  The limit would still need to be raised to make it possible for the government to avoid default and to meet the other obligations established by Congress.

The national debt is the total amount of money borrowed in order to fulfill the requirements imposed by past Congresses and under past presidencies, during periods when both Republicans and Democrats were in control of different branches of government. These are legal obligations, incurred under the laws of the United States.  Responsibility for creating the debt is bipartisan, and responsibility for meeting the Nation’s obligations must be shared by both parties.

As the 112th Congress turns to this issue, I want to stress that President Obama believes strongly in the need to restore balance to our fiscal position, and he is committed to working with both parties to put the Nation on a fiscally responsible path.  This will require difficult choices and a comprehensive approach to reduce the gap between our commitments and our resources.  It will require that the government spend less and spend more wisely. The President has already taken important steps, including enacting the savings in the Affordable Care Act; restoring Pay-As-You-Go budgeting; and undertaking a three-year freeze on non-security discretionary spending.  The President’s proposals would put us on a path to cut the deficit by more than half in the medium term, and substantially reduce the rate of growth in federal health care costs in the long term.  The President looks forward to working with Members of the 112th Congress on additional measures to address our medium- and long-term fiscal challenges.

Because Congress has always acted to increase the debt limit when necessary, and because failure to do so would be harmful to the interests of every American, I am confident that Congress will act in a timely manner to increase the limit this year.  However, for the benefit of Members of Congress and the public, I want to make clear, for the record, what the implications of a default would be so there can be no misunderstanding when the issue is debated in the House and Senate.

Reaching the debt limit would mean the Treasury would be prevented by law from borrowing in order to pay obligations the Nation is legally required to pay, an event that has no precedent in American history.  Such a default should be understood as distinct from a temporary government shutdown resulting from failure to enact appropriations bills, which occurred in late 1995 and early 1996.  Those government shutdowns, which were unwise and highly disruptive, did not have the same long-term negative impact on U.S. creditworthiness as a default would, because there was headroom available under the debt limit at that time.

I am certain you will agree that it is strongly in our national interest for Congress to act well before the debt limit is reached.  However, if Congress were to fail to act, the specific consequences would be as follows:

• The Treasury would be forced to default on legal obligations of the United States, causing catastrophic damage to the economy, potentially much more harmful than the effects of the financial crisis of 2008 and 2009.
• A default would impose a substantial tax on all Americans.  Because Treasuries represent the benchmark borrowing rate for all other sectors, default would raise all borrowing costs.  Interest rates for state and local government, corporate and consumer borrowing, including home mortgage interest, would all rise sharply.  Equity prices and home values would decline, reducing retirement savings and hurting the economic security of all Americans, leading to reductions in spending and investment, which would cause job losses and business failures on a significant scale.
• Default would have prolonged and far-reaching negative consequences on the safe-haven status of Treasuries and the dollar’s dominant role in the international financial system, causing further increases in interest rates and reducing the willingness of investors here and around the world to invest in the United States.
• Payments on a broad range of benefits and other U.S. obligations would be discontinued, limited, or adversely affected, including:
  • U.S. military salaries and retirement benefits;
  • Social Security and Medicare benefits;
  • veterans’ benefits;
  • federal civil service salaries and retirement benefits;
  • individual and corporate tax refunds;
  • unemployment benefits to states;
  • defense vendor payments;
  • interest and principal payments on Treasury bonds and other securities;
  • student loan payments;
  • Medicaid payments to states; and
  • payments necessary to keep government facilities open.

For these reasons, any default on the legal debt obligations of the United States is unthinkable and must be avoided.  It is critically important that Congress act before the debt limit is reached so that the full faith and credit of the United States is not called into question.  The confidence of citizens and investors here and around the world that the United States stands fully behind its legal obligations is a unique national asset.  Throughout our history, that confidence has made U.S. government bonds among the best and safest investments available and has allowed us to borrow at very low rates.

Failure to increase the debt limit in a timely manner would threaten this position and compromise America’s creditworthiness in the eyes of the world.  Every Secretary of the Treasury in the modern era, regardless of party, has strongly held this view.  Given the gravity of the challenges facing the U.S. and world economies, the world’s confidence in our creditworthiness is even more critical today.

I hope this information is responsive to your request and will be helpful as Congress considers this important legislation.

Sincerely,

Timothy F. Geithner

cc:        The Honorable John A. Boehner, Speaker of the House
The Honorable Nancy Pelosi, House Minority Leader
The Honorable Mitch McConnell, Senate Minority Leader
The Honorable Dave Camp, Chairman, House Committee on Ways and Means
The Honorable Sander M. Levin, Ranking Member, House Committee on Ways and Means
The Honorable Max Baucus, Chairman, Senate Committee on Finance
The Honorable Orrin Hatch, Ranking Member, Senate Committee on Finance
All other Members of 112th Congress

[4] The CSRDF is a government fund that holds and invests in nonmarketable Treasury securities to provide defined benefits to retired federal employees.  Treasury has authority to redeem existing CSRDF investments and suspend new investments when the Secretary determines that the fund cannot be fully invested without exceeding the debt

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THIS IS YOUR CHANCE TO BUY SILVER BEFORE THE FRAUD IS DESTROYED BY THE SILVER VIGILANTES AND THE PRICE SKYROCKETS

Never mind me. Listen to the bears. They know the silver fraud better than any human…and YES…better than any ape.

Click here to view the embedded video.

Get ready for the battle. The next two months will be an opportunity that may never come around again for a long, long time. The Silver manipulation is at its all time peak right now, they are throwing everything they can at it. Take delivery NOW!

Technorati Tags: Silver fraud, COMEX, Chinese, China, Fraud, Manipulation, vigilantes, silver vigilantes

Video Rating: 5 / 5

This post is courtesy of Robbie the Robot

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There is expected to be a MAJOR DIP IN THE PRICE OF SILVER AND GOLD. This is going to happen because there will be a significant fall in the Euro, causing a strong rally in the US Dollar, leading to a quick devaluation in gold and silver.

Why is this happening? One word describes it: FRAUD. The massive bailout money being pledged to banks in Europe is coming from the bail out countries who are broke. Collectively between Portugal, Italy, Greece, and Spain, they have pledged $160 billion dollars. THEY DO NOT HAVE THE MONEY so they must borrow it from other countries such as Germany and France. Now throw Ireland into the mix with their recent bailout. All of this debt is coming to a head. Germany is threatening to withdraw from the Eurozone. This will collapse the Euro, maybe breaking up the entire Eurozone.

So when the dip in gold and silver occurs, DO NOT PANIC. If you bought into silver in the low to mid $30′s do not think you are losing, Instead buy more, as much as you can afford. Keep buying. You are getting a discount courtesy of the Financial Terrorists who are committing mass economic suicide by driving down the value of physical precious metal to keep their precious fiat currency toilet paper alive.

The truth of the matter is that the majority of the population has not fully awakened to the cold hard reality of the massive fraud that is going on around them. The huge suckers rally in gold and silver, as predicted by Mike Maloney and Robert Kiyosaki, is not even close to happening. If you continue to buy buy buy, you will be protecting your wealth. The price to buy metals, silver in particular, is drastically undervalued, even at today’s supposed ‘high’ price.

Something else to be aware of is the Financial Terrorism Network of talking heads who will be all over TV, Newspapers, and blogosphere, preaching that we are seeing a bubble bursting in the gold and silver markets and that investors are going to lose big, that JP Morgan with their silver shorts, was right all along. It is all bullshit. Stay the course. There is no bubble and these snake-oil salesmen are just trying to con you out of your wealth. Do not fall victim to their predatory nonsense.

I know I have said in the past that investing in silver is a good thing. I was wrong. My next article will be on why I think Silver investing is a bad idea. In truth I am not an investor in silver. Are you saying WTF? Well stay tuned. You will see where I am ‘froming come‘.

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