Welcome to Roger's Economic Rant
Late September Economic Rant - Roger Mason
PLEASE GO WATCH THIS 9/11 VIDEO TO SEE 9/11 WAS AN INSIDE JOB
This is less than five minutes of your life to convince you beyond any doubt this was an inside job by Mossad and the CIA and not “Arabs with box cutters”. Please just watch this hilarious and factual short video and see the facts for yourself.
"A democracy is always temporary in nature; it simply cannot exist as a permanent form of government. A democracy will continue to exist up until The time that voters discover that they can vote themselves generous gifts From the public treasury. From that moment on, the majority always votes for The candidates who promise the most benefits from the public treasury, with the result that every democracy will finally collapse over loose fiscal Policy, (which is) always followed by a dictatorship." "The average age of the world's greatest civilizations from the beginning of history, has been about 200 years. America is 235 years old and dead.
Below is from 1944 almost 70 years ago…
Do you know where to get some of the best worldwide news for free? You aren’t going to believe this…Russia Today has some of the most honest news reporting going. I had to go to their website for a whole month before finally admitting this. What kind of world do we live in where Russia is telling people the truth? Their main newspaper Pravda used to be a standing joke. Go to www.russiatoday.com and see for yourself. Strange world we live in now.
House Bill HR 4646 would impose a 1% transaction tax every time you do anything other than pay in cash!!!! Nancy Pelosi is behind this of course. No matter what kind of paper transaction you make with ANY financial institution of any kind, you would be charged a 1% tax. Yes, that includes your credit cards, cash deposits, your Social Insecurity check, and any other transaction you make. Every time you pay a bill or make a purchase or even transfer money from one account to another you would pay a 1% tax. It will be a global tax with treaties with other countries so you cannot go outside the U.S. to avoid it. Now can you see there really is a plan for a One World Order with one government?
The dollar is collapsing as you well know. HYPERINFLATION IS YOUR FUTURE. The Euro is 12 years old and has been gaining on the dollar all along. The Euro is failing and going to collapse as well. Real inflation is about 20% now (see Shadowstats for that), not the 9% the media keeps telling you. Notice that the media “conservatives” like Hannity, Boortz, Savage, Levin, Beck, Limbaugh, etc. never tell you the real inflation numbers or the real unemployment figures. The real unemployment stat is 23%, not “9%”. More proof they are just paid government pseudo-conservative shills meant to mislead you with endless misinformation while posing as patriots. They are all just paid neocons promoting the one world agenda.
Here is a rare and fascinating chart. The (blue) open interest on COMEX silver (amount of contracts people hold) has always been higher (usually far higher) than the (pink) spot price of silver. This is big folks! Now things have reversed and the price is much higher than the amount of open contracts held. Folks, silver is going to explode. Remember the COMEX lies about having 28 million registered (available) ounces. They are self auditing (like Ft. Knox), so they have almost none. When this is finally admitted the price will go ballistic. This is why you must own physical silver and not any form of paper silver or storage programs. The only three silver stocks we are still holding are First Majestic (FR), Endeavor (EXK), and Impact (IPT). You can sell them if you want, and put every penny into silver bullion. Or you can hold them, as the silver stocks finally seem to be taking off after more than ten years of underperforming the metal.You must sell your IRA or 401k, take the penalty, and buy silver. Starve in the street with your dumbassed friends if you don’t.
House bill HR 308 is supposedly only going to ban high capacity gun magazines. There is no need whatsoever to ban any magazines. The real purpose of the bill is to ban guns as much as possible. When this bill gets to the Senate, so many provisions will be added to it will be unimaginable. Join the GOA (Gun Owners of America). Not the other fake gun groups and certainly not the NRA (National Rifle Association). www.gunowners.org is the right place.
Remember to get the NIA (National Inflation Association) free videos. Do not send them a penny for their spurious pump and dump stock recos. Google “NIA stock scam” or a similar phrase to read more about this if you want. Their latest scam is selling stock advice for the Chinese farming stock Agria (GRO). Want some free stock advice? Call a commodity futures broker and buy December 2013 silver calls at $75 strike price. He will explain that to you. Normal stock brokers cannot do this. Sorry, this wasn’t explained in the Special September Rant. You need at least $16,000 to do this. In 27 months these calls may literally be 20, 30, 40 or more times higher than the current (approximately) $3 price. Your poor old author just loaded up on these after dumping his massive dollar short position. Thank Rich Guthrie at the Silver Rocket Ship in England for this brilliance. Silver at $39 makes these a great buy. (Your poor old author bought at $41.)
This is a two year chart of Warren Buffett’s favorite bank, Bank of America (BAC). This is a LOSER folks. Warren Buffoon is a loser. We keep publishing ten year charts of his worthless Berkshire Hathaway (BRK.A) stock, showing he makes a mere 4% a year. That means he is LOSING money adjusted for real world inflation. That’s right, he makes a mere 4% a year on BRK.A while inflation has averaged at least 7% a year over the last decade. The drooling, senile old fart just put $5 billion into BAC. If he is losing money (adjusted for inflation), and is the “wisest investor on earth”, how are you going to make money in the stock market?
Look at the unemployment chart below. The true rate is now 23%. Actually it is much worse, because 1) many people have just give up on a job and aren’t listed, and 2) many people are now severely underemployed and have just taken any job to get a paycheck. It will go to 40%.
Thank www.shadowstats.com for this information.
This chart shows how the gold and silver stocks used to outperform the metals. Since then the stocks have seriously lagged behind the metals and just a disgrace.
We don’t even need to discuss Obama’s jobs bill. A half trillion dollars down the drain which will actually destroy jobs, not “create” them. No government can create a single job- except those tax draining worthless government jobs we hate so much. The free market creates jobs when the government gets out of the way. The free market is the only creator of jobs. Obama will tax the rich, the upper middle class, and the middle class heavily to pay for this insanity. When you increase taxes to the rich you get LESS money, not more. History proves this in every country it has been tried in. The rich shut down businesses, let employees go, stop hiring, cut back, move offshore, and do whatever they have to. The top 1% in this country already pay 40% of all income taxes. The bottom 50% pay none at all. The rich are already overpaying to death. This does not include people like Soros, Buffett, Gates, Jobs, and other billionaires who are in bed with the government. And huge insider corporations like the Big Banks who get trillions of dollars of our tax money.
We’ve begged you for months to dump your IRA/401k, take the penalty, and buy silver bullion. Hold it yourself. The government is going to seize these and give you a worthless Treasury annuity. You will have no warning and no choice in the matter. Other countries have done this, and it will be done here. Want proof? Military retirement pensions have always been sacred and untouchable. It’s official now that these will be turned into annuities. Our own soldiers will be the fist to have their retirement pensions stolen. Just think what they’ll do to common citizens. If you don’t do this you will starve in the street with the rest of the clueless sheeple. No, there won’t be enough soup lines for over 100 million hungry sheep people. Eat lawn grass like the North Koreans do (serious, they do). Never use “storage programs” or paper silver like SLV. You want physical silver in your own hands. Right now CNBC is pushing a scam gold and storage silver program where you get a certificate rather than the real deal. Millions of stupid sheeple will go for this. They will sell the same bar of silver or gold to 100 different people. When metals rise in price they will just default and go bankrupt. CNBC is just a government tool to mislead you like
all the rest of the media. The Internet is the last bastion of freedom. and will soon be controlled like in Australia and China. Only government approved speech will be allowed.
Be prepared. Get a six month supply of every possible thing you use daily. Have a small generator and some gasoline in safe containers. If you live in the city or an apartment, you need to get out and move further out into the country. Farms and farm land are the ideal place to be during a depression. Food prices are going to the Moon. Farmers and tenant farmers are going to thrive. Farm land is rising in value, while commercial and residential real estate will keep collapsing for at least three more years. See you in October.
www.youngagain.org Young Again is a trademark of Young Again Products, Inc., Wilmington, N. C. Copyright (c) 2005, 2006 Young Again Products, Inc., Wilmington, N.C. All Rights Reserved