Welcome to Roger's Economic Rant
Late December Economic Rant - Roger Mason
The true soldier fights not because he hates what is in front of him, but because he loves what is behind him. G. K. Chesterton
We are running out of physical silver. That’s great- if you own a lot. It is getting harder and harder to buy silver bullion anywhere in the world. Soon you will not be able to buy silver at all. Silver stocks are a poor second. The silver stocks have performed poorly and erratically. The HUI to silver ratio has fallen to a mere 19 to 1. Bullion has been outperforming the metal for years now. Gold bullion is a poor second. Silver ETFs are a scam. The COMEX is empty, just like Ft. Knox is empty. Both are self auditing, which is the same as no auditing at all. Soon only the industrial users will get silver, and consumers won’t get any. Your poor old author has an answer for some of you….
Find one of the endless storefronts in your town that hasn’t been rented for years. Offer the landlord half of what he wants. Put a big sign on the store, “BUY YOUR SILVER”. The sheeple will come to your store to sell their silver. No gold, just silver. The pawn shops and coin dealers are paying people a fraction of the worth for silver (and gold). Don’t pay people premiums for anything at all. Rare coins, silver ware, hollow ware, jewelry, and other expensive silver items get melt value. You won’t believe how many desperate fools will come to your door. You can do that right now if you want. Just find out what the pawn shops are paying, and add 10% to that. That simple, add 10% to whatever the pawn shops are paying. Put a sign on your window, “We Pay The Most- Guaranteed”. Pay by check, and don’t have cash in the store, or you’ll get robbed. Put ads in your local paper or just depend on drive-by traffic.
One third of the sheeple have already gotten the swine flu vaccine, for a problem that doesn’t exist. If, in fact, the entire vaccination program is really about population control, this could be a very good thing. If the flu vaccine is really a delayed death injection, these people will all fall over dead soon. This means the stupidest people will get the vaccine. That would certainly make the world a better place, as well as improve the gene pool. The fact 100 million people are willing to get a dangerous vaccine; they know nothing about, for a disease that is no threat is simply incomprehensible.
You must go to youtube.com and type in “Mr SilverGoldSilver”. Be sure there is a space between Mr and SilverGoldSilver. You will see a 7 ½ minute video, J.P. Morgan Silver Manipulation Explained. This is the best, simplest, most concise explanation even done. You really need to go see this video so you’ll understand why silver is now $30, rather than $200. Why silver is the best investment in the world. Or you can just go to http://www.youtube.com/watch?v=Gl47z2g2EvI. Almost no one has actual physical silver. Jason Hommel is an honest man. He points out that 99% of the silver purchased every year by individuals is paper silver with no backing. Only 1% of silver buyers own real silver in their personal possession. Only 100 million ounces ($3 billion) of actual physical silver is bought by consumers every year.
You want just one of countless proofs that people like on TV and radio are disinformation agents? Beck, Hannity, Boortz, Savage, Limbaugh, and the rest of the NeoCon disinformation crowd keep telling you the unemployment rate is under 10%. The truth is that it is about 23%. That’s the reality. It is actually much worse than 23%, because many people just stopped looking for jobs and aren’t counted anymore. Many have taken jobs they are far overqualified for just to pay the rent and buy groceries. Some are working off the books for less money. The unemployment rate is going past 30%, and then probably to 40% during the Much Greater Depression. You’ll commonly see two and three families living in the same house, and maybe only two people working and paying he bills for all of them.
You want to know how stupid the sheeple really are? Only 1% of airline passengers demand a patdown when told to go thru the Pervert Scan X-Ray machine. 99% get irradiated. Hopefully it is a secret delayed death ray, and all the sheeple will fall over dead six months down the road. What is wrong with people that they will get dangerous X-radiation for no reason? Refuse to go thru the Pervert Scan! If everyone did this, they would all be removed tomorrow morning. 99% of the brain dead sheeple go right thru them without any hesitation! This is real world proof they aren’t human.
If you still hold an IRA or 401k the government is going to seize it, and you’re going to lose your life savings. You’re going to starve in the street with all your dumbassed friends. The government is going to take all the IRAs and 401ks and turn them into worthless Treasury annuities for the “safety and security of America”. Sell them, take the penalty, and buy silver bullion while you still can. Do this now and stop waiting. The stock market is ready to crash and only held up with bubble gum and duct tape. The stock market is propped up with government help and that can’t last long. Yes, it just made a new high, and Dow Theory says the Dow Transports and Dow Utilities confirm this strength.
People who criticize the government are now called “domestic extremists”. People who criticize the TSA are put on the watch list at airports. CNN reporter Drew Griffin wrote an article criticizing TSA procedures, and was put on the watch list. Over one million names are now on the U.S. watchlist! A TSA memo states the department, “officially addresses those who are opposed to, or engaged in the disruption of the implementation of the enhanced airport screening procedures as ‘domestic extremists’.” People who have websites the government doesn’t like suddenly find their websites literally DISAPPEAR. They are replaced with Homeland Security screens. No free speech in America anymore. Soon the Internet will be heavily censored, as it is in China. The Internet is the last bastion of freedom in the world, and we can’t have that, can we?
Go to the website www.repealitnow.com and sign the petition to get rid of the Healthcare Act. This is important. If enough people do it, we can get rid of this hideous Marxist program.
Another good websites is www.werefuse.com. Sign up and support them. You can get great videos from www.inflation.us but do NOT support them. They sell third rate crappy stock advice. They have terrible information on silver dealers. Their videos are great, but ironically these people are no good. Do not support them, but watch the videos. They still tell people to buy U.S. Silver (USA:CA) even though they hedged their 2011 silver production for $27.50. They are already $2.00 an ounce underwater. You can sell all your silver stocks if you want, and buy silver bullion before bullion is simply unavailable. That could happen anytime. The only five silver stocks to own are Impact (IPT:CA), Great Panther (GPR:CA), Endeavor (EXK), First Majestic (FR:CA), and Sabina (SBB:CA). The popular ones like Silver Wheaton, Pan American, Silver Standard, Fortuna, Coeur d’Alene and others all have serious problems and you don’t want anything to do with them.
Look at this four year Bank of America chart. It is going under! One of the biggest banks in the world is bankrupt. Look at this five year General Electric chart. It’s hopeless. One of the largest corporations in the world is going completely broke. When you adjust this for inflation, GE should be about 65, rather than 15. When the largest most powerful corporations in the world are going broke, you know the Much Greater Depression started years ago.
U.S. homes will lose a total of $1.7 trillion in value in 2010, according to real estate site Zillow.com. The value lost this year will be 63% more than in 2009, and will take the total value lost since June 2006 to more than $9 trillion, Zillow said on its blog.
CNBC reported that the U.S. military is preparing for domestic disorder and riots in the streets. This operation is called Unified Quest 2011. This is well and good. The welfare animals are going to kill, rape, rob, and steal when their “gummint check” doesn’t buy them anything. Look at what those students are doing in London because the government won’t pay their school tuition. This is what the FEMA camps are for…locking up millions and millions of subhuman welfare cases. Remember CNBC reported this, so it’s not some Internet rumor. The problem is we are soon going to have martial law. That means no civil rights whatsoever. Soldiers can and will do anything they want with no recourse. You won’t like martial law at all. Folks, FEMA is advising people to store food, water, fuel, and other supplies. FEMA is actually telling you the same thing we are- store food, water, fuel, necessities and everything you need.
If you still own an IRA or 401k you deserve to lose your life savings and starve to death. The government is going to seize them and turn them into worthless Treasury securities. No, you won’t get any warning obviously. Hungary just did that last month to their people. The Hungarian economy is much stronger than ours, yet they still did it. Argentina did it in 2001. Other countries have done it. The government is out of money, and is going to seize your IRA or 401k and give you toilet paper Treasury securities in exchange. Sell your IRA or 401k, take the penalty, and buy silver bullion. Hold it personally. Preparations are being made right now to do this. It is just a matter of time. One morning you are going to wake up to see Nobama’s smiling face telling you they did this for, “your own safety and security”. 60 Minutes TV show just did a segment severely criticizing the 401k as an investment. They made a point that it has completely failed as an investment strategy. This is preparing people to feel their IRA/401k has been a failure, and should be replaced with something safer and more secure, more dependable. Then steps in the government to transform your investment into a safe, secure, dependable Treasury annuity. The media is preparing the sheeple for the slaughter.
Are you concerned about immigration- legal and illegal- ruining our country? Then go to
www.numbersusa.com. Support them. www.youtube.com/watch?v=muw22wTePqQ is the most informative video you will even see on immigration. It is done with colored marbles, and will really upset you to see how bad the immigration problem really is. This is a 9 minute video by Roy Beck. The left gets cheap votes, and the right gets cheap labor. Again, we have a ONE PARTY Republicrat system in America. You choose Tweedle Dee or Tweedle Dum. The same puppet masters stay behind the curtain running the show.
Planet Earth now has almost 7 billion brain dead sheeple. They are breeding like cockroaches, too. This earth was never meant to have that many. At best, only 1% of the world population has any idea of what is really going on, and prefers freedom and affluence to government slavery and poverty. We now live on one big Prison Planet, with almost 7 billion prison inmates. The inmates prefer the illusory “safety and security” of socialism, Marxism, and communism. This is End Times folks, and Jesus isn’t coming back to save the day. For the first time in the history of mankind there isn’t one square inch of freedom on this earth. America is now a socialist, welfare police state than gets worse by the day. Every week new Marxist legislation gets passed quietly in Congress. We have no more Constitution or Bill of Rights.
The wheels are going to come off the train in 2011.
You can see the above chart going back 40 (!) years that the gold to silver ratio went to an insane 100 to 1. It is going back to 15 to 1, and maybe even better than that. Silver is four times better than gold. Silver is going to far outperform gold. Silver is the best investment in the world and has been for ten years now. Thanks to Mark Lundeen for the nice chart.
The Death Tax is coming. Russia doesn’t have this. Red China doesn’t have this. Cuba doesn’t have this. North Korea doesn’t have this. The government will steal HALF of everything you own when you die. If you leave your children, say, a $200,000 home, they will have to sell it and pay $100,000 in taxes. Half of everything you worked for all your life, and already paid extortionate taxes on, will be seized by the government. This will be given to scumbags for endless welfare and entitlement program. You can believe this will not affect the Clintons, Obamas, Buffetts, Gates, Trumps, Pelosis, Schumers, and all the rest of the megarich. They will be exempt from all this government theft.
The jobless rate is going to 40% in the next two years!
The real unemployment rate is about 23%, not the 10% official figure. When you add in the people who have simply given up on finding a job and people who have taken menial jobs just to feed themselves, the real rate is more like 30%. The same as in The Great Depression over 80 years ago. Why do the radio and TV “conservative” talk show hosts like Beck, Hannity, Levin, Limbaugh, Savage, Boortz and the rest lie about this? Why do they parrot the obviously ficticious 10% figure? Because they are paid disinformation agents, that’s why. The same media whores who tell you our wars of aggression in the Mideast are patriotic, and necessary for our “safety and security” against terrorism.
Notice well that Fox (Faux) News is no better than the rest of them. The Internet is the last bastion of free speech in the world. Assange and Wikileaks is an excuse to censor the Internet for “our own good” and all that stuff.
For those of you who have been reading the rant and TAKING THE ADVICE you are getting richer by the day. For those of you who sold your IRA or 401k, and bought silver you have literally saved your own future and your own destiny. The dollar is worthless. Silver is your future, your economic destiny. Here is your new Zimbabwe currency.
Merry Christmas everyone and God bless you. Thank you for reading the Economic Rant.
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