So, let’s look at techniques you can utilize to speculate in the resource exploration sector to  make unfathomable profits.

The vast majority of exploration companies are hazardous to your financial health. The key is to select only the finest companies. And in this sector, that means starting with the most talented and experienced management that are working on highly promising projects.

Your company must also be able to weather most any storm that comes its way. If I’m certain that a resource stock has the required long-term staying power I will put it in the “buy and accumulate” category.  That means I take an initial position, and then happily purchase more shares on any subsequent price weakness that has nothing to do with the company’s overall fundamentals. This is how you make volatility your friend.

You see, resource companies frequently sell off en masse. Healthy babies are routinely thrown out with the bath water. Let’s look at a stock called Impact Silver (AMEX:IPT) that is in the portfolio of my Resource Windfall Speculator service:

In this portfolio, we select stocks that relate to specific commodities that are in long term bull markets. Silver certainly qualifies on that count and we hold six total silver stocks in the portfolio right now.

To tell you the truth, Impact did not appear overpriced at the $1.50 Canadian range in early 2008. However, the global financial crash altered that perception — even though silver performed just fine last year. In fact, silver was up in 2008 and has been up nearly every year this decade. Impact silver has a 52 week high of $0.88 Canadian and a 52 week low of $0.175. How’s that for volatility?

Impact Silver has remained a buy for all of this time, because the company’s fundamentals were just fine. Their silver production and successful exploration remained on track. While the price fluctuated enormously, the value remained intact.

Again, we identify long-term value and take advantage of short-term price weaknesses when it is illogical. Anyone who had the courage to buy Impact Silver near $0.175 Canadian is pretty happy right now with its $.77 share price. That’s a 340% gain. They’ll be even happier when the company far surpasses its previous highs.

Yes, those who bought IPT near $1.50 still have some catching up to do. But that’s okay. If you want to speculate, you must be able to absorb some losses without sacrificing excessive sleep.

Another stock I personally own, Salazar Resources, has a 52 week low of $.12 Canadian and is now trading near $.80. Stock appreciations over the last eight months of 100 – 200% gains are commonplace.

The primary point is that bottom feeders can make astounding profits. We’re staring at another extreme opportunity in the coming weeks for rescuing babies from bath water.

•    Resource stocks are typically weak in late summer because the most influential players are on vacation.
•    Gold and silver get official spankings via government management with predictable regularity.
•    Resource stocks tend to sell off with the overall stock market, which now looks exceedingly vulnerable.

I’m convinced that $1,200 gold and $20 plus silver will soon be the floors under these precious metals. There will be few screaming bargains when these factors are in place. In the mean time we are probably heading for another bout of overall sector weakness that has next to nothing to do with individual company fundamentals. A banquet for bottom feeders is always a special occasion and we will be loading up in my advisory.

Are you hungry?

Invest Resourcefully,

Rusty

Source: A Banquet for Bottom Feeders

Our third President and signer of the Declaration of Independence, Thomas Jefferson, long ago stated …”Banking establishments are more dangerous than standing armies”.

He also declared …“If Americans ever allow banks to control the issue of their currency, first by inflation and then by deflation, the banks will deprive the people of all property until their children will wake up homeless.”

Hello.

A second American Revolution is now at least as necessary as the first one was though few citizens have an overall understanding of the problems we face. Anything short of a complete house cleaning will be mostly a waste of time and effort. The elitist banking entities running and ruining this country must be shown the highway. Nothing less will suffice!

Who exactly am I talking about? The Federal Reserve is exhibit one. Their partners in financial crime like Goldman Sachs (NYSE:GS), JP Morgan Chase (NYSE:JPM), et al absolutely must be excised like the cancer they are.

“Tea Parties” are once again on the horizon. Lots of citizens are awakening and protesting. How keen is their focus going to be?

Those that put the preponderance of blame on President Obama, ex-President Bush, the Liberals, the Conservatives, the Trial lawyers, the unions or any other distraction will never accomplish anything worthwhile. The rot is deep, systemic and centered on money and the banking system.

Those that demonize Republicans and worship Democrats, or vice versa, have been suckered into a divide and conquer plan. My expectation is to never again vote for a Republican or a Democrat in their present form. The Demopublicans must go.

The Fed is a serial bubble blower. Their funny money products initially line the pockets of their cronies closest to the trough. From there it is directed towards distorting prices in stocks, real estate or the latest manipulated craze. Economies without foundation inevitably collapse. Our central planners need to take an indefinite overseas vacation.

America’s biggest exports over the last decade have been toxic and fraudulent financial products. The creators of this crap are the ones who have brought us to the present disaster – yet they remain in charge of sweeping changes designed to perpetuate their power and imprison us.

All of these Wall Street entities and the lackey politicians who support them must hit the road. Those behind the scenes pulling the strings have to be stripped of their illicit power.

Surely you heard about Goldman Sachs’ record second-quarter earnings of $3.44 billion? Making money hand over fist comes fairly easy when you get to implement official policy. Records follow when front running is the name of the game. They may get their bonuses now but ours will be even larger when tar and feathers once again hold sway.

Congressman Ron Paul has sponsored a bill to audit and put congressional oversight on the Federal Reserve. 261 representatives have so far signed on to this meaningful element of true change. A similar Senate bill is just getting started. Knowledgeable citizens seriously doubt the Fed could withstand an audit because of its shady dealings. This is one bill that holds some promise.

The huge majority of US citizens are really peeved, justifiably so. That anger will certainly play out in the coming months and years. The tea parties could even spill into the streets. You can rest well assured that nothing will be accomplished without a purposeful and focused anger.

Concerned Americans have a critical choice. We can rid the system of all the parasites and malignancies or just stay home and continue to get our reality through television.

You know by now I’m also going to advise you to protect yourself and those you care about. The monetary metals, gold and silver, sniff out economic, financial and monetary chaos. They’ve had a massive snort lately and more is coming. These precious metals have appreciated nicely almost every year of this decade for good reason. They should still be purchased and the speculators amongst you may consider my Resource Windfall Speculator for leveraged gains in the resource sector.

Live Free and Resourcefully,

Rusty

Source: You Say You Want a Revolution?

It was a real mind blower for both of us to fathom the profound meaning of these disappearing earnings. Mr. Gordon (he is a tiny bit older than I am) subsequently e-mailed a confirming chart my way:

Turn Away if You Suffer from Vertigo

Please grab a sickness bag. While many investors follow the Dow, the S&P 500 provides the most accurate measure of the status of the overall US market. As Andy reported, S&P earnings have “nosedived from $80 to $7 – the biggest drop ever recorded.” Both Andy and I are putting an exclamation point on this pathetic event.

You, also, should be extremely wary. This chart indicates that the earnings on one of the world’s most important stock indices are pitiful and plummeting. Little wonder corporate insiders are selling their company stock en masse.

Without earnings stock prices are temporarily levitating. Earnings have gone up in smoke! Isn’t that the life you’ve personally experienced over the last year as budgets are reigned in and unemployment has become pervasive? The S&P index has traded sideways within a range for the past few weeks, but it is still extremely overbought.

Personally, I have been shorting the S&P, but it’s hard to glean any satisfaction from making money from this catastrophe. There is no reason to hold stocks without sufficient earnings. I continually claim we’ve long been in depression mode and this ugly chart screams the truth. A picture (chart) can be worth a thousand words.

What should you do about it? I’m afraid you’re going to have to escape the CNBC, Wall Street and nightly news cheerleaders. These are all inside the box players and you will never regain your lost wealth or become rich following these puppets.

It’s a major stretch to believe you can randomly buy the general market and make 10% per year, though that is a common misconception. Factor inflation into the equation and you clearly see the folly. Most investors will never regain their lost wealth from the 2008 historic carnage. Only those of you wise enough to seek unique and highly profitable investment earnings will become whole again. The opportunity for enviable riches is also present.

Your IDE pundits are, to a person outside the box, offering commentary and services designed to protect and enhance your wealth. You cannot buy general stocks with miniscule earnings and expect to do anything but lose more money. No earnings directly equates to no capital gains.

Nor can your portfolio sit idle as it will end up looking like the nasty graph you just inspected. Ninety nine percent of us must have income or capital gains especially in a hyperinflationary environment.

As you may know, I’m primarily a resource stock investor. I’m also utilizing the incredible IDE brain trust in all of my financial decision making processes. You should be as well. I like and have confidence in each of these experts. We offer a very diverse range of worthy services that are designed to enhance your profits and assist you in escaping the failing financial matrix.

Check them out and see which of us best fits your investment temperament. We cover the total investment spectrum from bonds, blue chip stocks, options and natural resource speculations. The S&P index is down approximately 4% year to date but the last 14 picks I recommended in my Resource Windfall Speculator are up an average of 44%. All of your IDE editors are dead serious about bringing heady profits your way.

You simply must find the right escape hatch out of this historic mess.

Invest Resourcefully,

Rusty

Source: Neither You or the Economy Can Survive Without Earnings

I wrote a silver article 4½ years ago entitled Silver: Anatomy of A CRIME(X). In that article I compared activities at the COMEX market to prior incidents at Long Term Capital Management, Enron and Arthur Anderson. I screamed from the rooftops that fraud and abuse had gone “metastatic”.

Bingo. Since early 2005 you’ve seen the cancer spread via Fannie (NYSE:FNM) and Freddie (NYSE:FRE), Bear Sterns, AIG, Lehman Brothers and others. Few people yet understand that the entire system is corrupt and failing. Band-Aids don’t fix train wrecks!

The present age of crooked markets really boil the blood!

You should expect CRIMEX to join the long list of failed and disgraced financial institutions. There are incredible strains on this market right now as month to month delivery battles transpire.

In the silver article from 2005 I stated … “I don’t believe that complaining, pleading, documenting, reasoning, letter writing or mounting campaigns with this particular institution will ever bring it back to what could legitimately be called an honest market. Sorry. They had every chance under the sun to do the right thing and clean up the mess.”

It will never be the SEC or the CFTC that cleans up CRIMEX. You can pen pal with these blokes forever and it will do little more good than scolding the mafia. The leopard doesn’t change its spots. There is a very realistic opportunity, however, to now end the decades of abuse by this market. It is happening as you read.

Large international players are now engaged in calling the bluff of this New York market. They have caught on to the scam and are totally peeved. COMEX silver is largely a “paper” exchange with only small amounts of physical metal being taken delivery of on an historic basis. That is now changing as more and more players insist on physical silver and gold instead of risky promises.

You have to be incredibly naïve or just plain dumb to trust these crony capitalists gone wild. It is just a matter of time until CRIMEX defaults or implodes. Gold and silver prices will soar when they are freed of the manipulation.

Why would anyone put money into a manipulated market? Good question. Manipulations against long term trends are pure folly. Take a look at how silver has performed over the last six years:

Silver was under containment in the $4 range early this decade but managed to hit a high over $20. Holding silver down near the current $14 area will be just as fruitless over time. Silver will either continue to grind higher or it will explode higher when the official suppression ends.

More and more people are using my CRIMEX moniker all the time. Make sure you have plenty of physical metal before this scathing term is in the national news

Sure, I’m irate over the ongoing silver manipulation but I’m also licking my chops for the inevitable profits coming our way because of the manipulation.

ETFs are only trading vehicles not a substitute for physical silver. Precious metal certificates are suspect at best. Get the real stuff and make sure you’re in position before CRIMEX cracks.

Invest Resourcefully,

Rusty

Source: The Silver Market: Some Call it CRIMEX

This from Investor’s Daily Edge:

The funny money trough has been wide open for business since mid-2008. The biggest hogs, like the banks and other crony capitalists, have already hit it really hard. They aren’t finished feeding but, finally, Jane and Joe are scheduled to slop up a few scraps.

President-Elect Obama is putting the final touches on his stimulus plan. Money is heading for Main Street in trickle down mode to the tune of $1 trillion or more. It is designed to jump start what’s left of the US “economy” and get people spending and borrowing again. Will it work?

You’ve heard IDE editors analyze the stimulus plan all week long. Lots of different opinions have been presented. My stance is that the entire system is fraudulent, compromised and crumbling. The stimulus plan is misguided and will come as “too little and too late”.

What most Americans know about money is that they don’t have enough of it. No one ever does. Combine that with the Federal Reserve’s ability to print unlimited amounts of fiat currency and it’s little wonder we’re looking at an epic disaster.

The US and the rest of the globe are experiencing the severe consequences of decades of monetary abuse. What you’re seeing now is how credit bubbles laced with fraud end. The stimulus package is simply more of the same failed strategy administered by the same group of miscreants. They have a very limited playbook and it always features fraud, graft and waste.

You know the government doesn’t have hard earned money sitting around waiting for such an opportunity as the present crisis to be put to use. This money will be printed into existence. Everybody wants their share of trough time, but it always comes at a steep price.

Money printed into existence dilutes the dollar holdings of everyone already locked into the system. Future taxpayers are saddled with these frivolous debts. We are way past the point that they can ever be paid back. Collapse and “change” are clearly on the horizon.

Am I suggesting you turn up your nose when your slated feeding schedule arrives? No way! Get what you can and use it to protect yourself as this fiasco continues to unwind.

It is for good reason that the largest stimulus plan ever administered is in process. These are desperate times. $70 trillion has been vaporized from across the globe in the various stock markets, real estate and commodities. U.S. citizens have shed over $13 trillion from our stock and real estate markets.

The futile hope is that everyone will spend the funds heading their way, preferably as a down payment on something requiring extensive credit. Gas prices are low … Suburban anyone? The game is to blow up another credit bubble. This Fed engineered boom-bust cycle is getting really monotonous. Don’t worry though, another boom is nowhere in sight.

Not even a cattle prod will stimulate a quick turnaround.

This is no run of the mill downturn. Electric Shock Therapy, anyone?

If you get a government funny money stimulus check, I suggest you use it to pay down debt or turn it into some real money (gold and silver). Return to your American roots. This consumption economy is a failed strategy.

Source: Are You Ready for Some Trough Time?

The old adage “the time to buy is when blood is running in the streets” remains true, however.

Russell says the stock shakeout provides a great opportunity for savvy investors. He recommends buying up quality resource stocks now and holding them for long-term profits.

This from Russell:

Currency debasement has been this year’s major theme. The bailouts are at historic levels. Banks are failing and will continue to do so. Debt is beyond imagination. The dollar based financial system is more fragile by the day. How has this played out?

- The dollar has risen more than ten percent.

- Commodities have fallen across the board.

- Resource stocks have been decimated.

They are no longer just giving away resource stocks they are throwing them away in a complete panic. You’d think the world will never again need gold, silver, platinum, oil, natural gas, uranium, copper, lead or zinc. Let’s look at the mindless carnage:

As you can see, the PHLX Gold and Silver Index (XAU) has been trashed. The smaller companies have received a much bigger beating.

The shares are supposed to show leverage to the respective commodities. Even with the recent decline in the price of gold, gold stocks are trading at the lowest level in relationship to the price of gold over the last 25 years! All resource stocks have been punished. Why has this happened?

First of all, we don’t have honest markets. They are manipulated on an ongoing basis, especially during election seasons. Sad but true. Numerous experts believe the dollar rebound and the commodity take down were artificially induced. Sadly, this possibility has every appearance of being the present American Orwellian nightmare.

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The current global financial and economic chaos is causing extreme stress to many players. Some hedge funds are failing and others are unwinding all of their leveraged positions. Even the hapless dollar has been the temporary beneficiary. “Hot money” is on the run. There is a mass exodus from all things resource. There is no appetite for speculation.

You have likely just witnessed a classic washout bottom. Stocks were down 10-20 percent on a given day. Some were down 50 percent last week. Are the gold, silver, oil, natural gas and uranium plays over? Were they just another bubble as presently described? I don’t believe it for one second. These are real markets with continuing favorable supply and demand fundamentals. Only a widespread global depression is likely to end the bull. Gold, silver and commodities in general are historic safe havens during times of monetary abuse.Let’s look at three possible scenarios as to how resource stocks should perform from this point forward:

- This has just been an especially nasty and forced correction during a typically weak summer. Seasonal changes will bring forth the usual turn around.

- This market is DOA for a continued period of time. Much like the late 1990’s after the Bre-X scandal.

- Commodities are no longer needed.

Possibility three is absurd on its face. Remember, junior explorers are the lifeblood of the resource sector. The present sell off in commodity related stocks is also nonsensical. That leaves us with the first two options.

Will we quickly turn back upwards? Smart money is gleefully now back in the sector buying with both hands. You can pick up selective stocks cheaper than company cash positions. Positions were being sold because they had to be sold per liquidity demands, not because someone actually wanted to sell them. That’s the way of many funds. Markets are made up of fearful sellers and happy buyers.

I would be shocked if this market returns to former highs immediately. Too much damage has been brought forth. A blend between our first two options is more realistic. That’s not all bad.

Markets can be totally irrational at times. They can be irrational for extended periods of time. Patient positioning for the long run can lead to extraordinary profits. Crisis can bring about opportunity. There was no appetite for resource speculation after the 1997 Bre-X gold scandal. That was the market’s decision, though it made little sense to me at the time.

I bought and I bought and I bought for a couple of years there. Few others were interested and I accumulated a lot of quality shares that no one else wanted. These positions were the absolute foundation for my investing success in the early 2000’s. Yes, you can get your hat handed to you in this niche, but you can also make exceptional profits over time. Documented gains fell in the 20X, 50X and even one 100X category. The worst-case scenario, it looks like another similar opportunity is being presented.

The time to buy is when blood is running in the streets.

What am I saying? The market rules in the end. Manipulations always fail, sometimes spectacularly. Those of us heavily involved in resources have been handed a lot of lemons as of late. That’s the bad news and that is the good news. I am holding my resource positions. The very highest quality companies with the most staying power will come out of this shake out period looking like gold.

Source: Now They’re Throwing Away Resource Stocks

On a longer-term chart, you would see the dollar had never fallen under the 80 level until one year ago. It fell to the 71 range earlier this year but has since climbed back (briefly) above 80. Is this just a “bounce” or a correction in a long-term bear market? Has something fundamental changed about the dollar?

I just lost a friendly bet regarding the dollar. It was trading around 73 this summer and I brashly stated it would see 60 before 80. Brashness is seldom a good idea.

Historic bailouts, failing banks, failing derivatives, unpayable debts and a floundering economy are not supposed to work in the dollar’s favor. Weird things can happen, especially on a short-term basis. I strongly suspect our markets are presently more contrived than ever. Desperate times call for desperate measures. Manipulations fail over the long term, some times spectacularly.

In regards to my recent dollar article, reader “John” poses the following comments and questions…

“I both agree with, and am frightened by, your analysis of the long term value of the dollar. What do you see as solutions? Your mention of other currencies leaves off stronger currencies such as Swiss francs to go directly to gold. In layman’s terms, for a retired man in his mid-seventies with a single million in savings and liquid investments who wants to leave something for his family, how would he protect himself?”

Thank you, John. These are wild and unprecedented times. Many are being caught off guard and presently facing ruin. The problems are nowhere near over. Much more is coming. Protection has seldom been so important.

Avoiding leverage is a key piece of advice. You very likely have no problem there. A dollar and debt bubble has been blown up this decade. It is now unwinding with a vengeance. Those with excessive debt cannot service it and risk losing their assets. They lack liquidity.

The Fed and Treasury are like the little Dutch boy with his fingers in the dyke. Their solutions to maintain the fraudulent status quo are all dollar un-friendly in the long run. Nothing but toxic band-aids are being applied. Nor is there any mainstream discussion of our country’s biggest problems during the present political drama.

If I were to select another fiat currency, the Swiss Franc would certainly come to mind. None of them has substance beyond ‘faith and confidence’ in particular governments and citizens however. Currency diversification is not a bad idea but the precious metals should serve as a foundation. They are on sale right now as tomorrow’s IDE editorial will highlight.

You likely remember, John, a time when standard portfolio advice was to hold 5-15 percent in gold and silver. Gold and silver serve as the “anti-fiats” and are no friends of the paper pushing bankers. Their paper is now turning to mush across the globe.

Gold, silver and the commodities in general have been absolutely hammered as of late. It smacks of a take down but presents an enticing opportunity for accumulation. The COMEX in NY sets the price via their paper trading mechanisms. Just try to find some at the absurd price they have recently set.

There are widespread reports of metal shortages and delivery delays. That is part of the reason for calling this a contrived market. When you can find available silver or gold, you will pay a significant premium over the spot price.

The objective is to get physical positions in your possession. Contracts or claims to metals are suspect at best. Choose a portfolio percentage according to your comfort level.

You can always set up a futures account, buy precious metals, and then stand for delivery at their contrived spot price. Don’t expect an easy go of it if you choose this route. They don’t like people taking away their toys.

When the paper failing hits high gear, people turn to tangible assets… precious metals, numismatic coins, collectables, real estate, art etc… You may want to diversify across several assets. Compare these items to things that have a tendency to go “poof” in hard times- shares in Fannie and Freddie (FNM) & (FRE), Lehman Brothers (LEH), Merrill Lynch (MER), General Motors (GM), Ford (F) or other severely stressed entities. Exotic financial paper issued out of NY is in a bear market.

There is also a fund called Harry Browne’s Permanent Portfolio. This portfolio is designed to steer you safely through a variety of possible scenarios- inflation, deflation, etc. The main goal is to prevent loss of capital. It has worked exceedingly well since inception in 1970. Preservation of capital is set to be a major theme.

Navigate carefully,

Rusty

Source: Solutions for the Sicko Dollar

We’ve been discussing the Amero in several recent articles (Part 1, 2). Many readers took the time to respond to the ideas presented. The responders were predominately outraged at the thought of losing national sovereignty. Those who scheme to break down historic national borders are forced to do so behind a cloak of darkness.

There can be no doubt that the Amero has been on the drawing board for several years. Our elected leaders have participated in this process in direct contradiction of their oaths to protect and defend the Constitution. This speaks volumes of the times we’re in.

In reality, the Amero is just one issue in a much broader subject. Globalists are waging war on national sovereignty and individual rights. There is a never ending quest for more and more power. They intend to level the playing field between poor and rich countries.

Currencies are more powerful than citizens could ever imagine. Mayer Rothschild stated in 1790…”Let me issue and control a nation’s money and I care not who writes the laws.” These are very profound and truthful words. I often state that the only thing most Americans know about money is that they don’t have enough of it.

Fiat money gets issued by the “masters”. It is a predatory system. Citizens are turned into slaves whether or not they know it. The Power Elite scheme for larger and larger plantations. Who knows what evils lurk within the heart of man?

President Woodrow Wilson had this to say six years after he signed the Federal Reserve law into effect…”I am a most unhappy man. I have unwittingly ruined my country. A great industrial nation is controlled by its system of credit. Our system of credit is concentrated. The growth of the nation, therefore, and all our activities are in the hands of a few men. We have come to be one of the worst ruled, one of the most completely controlled and dominated Governments in the civilized world no longer a Government by free opinion, no longer a Government by conviction and the vote of the majority, but a Government by the opinion and duress of a small group of dominant men.”

President Dwight Eisenhower warned of the growing influence of the “military-industrial complex” in his 1961 farewell speech. The US now spends more on “defense” than the rest of the world combined. Neo-Cons demand a “uni-polar” world with them running it. My ongoing concern is that our men and women in the military are used and abused to attain globalist goals. One of their main goals remains the dismantling of the US Constitution and obliterating our sovereign rights.

President John Kennedy attempted to strip power from the Federal Reserve when he signed Executive Order 11110 in 1963. In place of the Fed the order required the Treasury to function with “silver certificates”. Since then the US has squandered billions of ounces of US citizen silver. Kennedy’s link to silver is no longer practical. Why do you think Kennedy thought this order was important? The Kennedy assassination remains an ongoing mystery.

The point is that some great men have become entangled with something much bigger than they were. Do you think you can avoid getting caught up in this same snare? Do you think our current politicians can?

Do you wonder if our politicians have been compromised over the last forty years? How about those presently seeking power? Check out the Council on Foreign Relations (CFR). Some insist it’s just another “think tank”. Those who research this organization have a completely different understanding. I have watched CFR members regularly elected and put into cabinet positions since I became aware of this organization in 1973. Our “elected” pols tend to run the country for the most elite members of the CFR.

You can do a simple Google search of any candidate and their possible CFR ties. Our elected leaders do not represent the people. You have to watch what they do, not what they say. Once again, there are no true reformers in sight. Watch closely as cabinet members are selected. The recent Demopublican conventions were nothing but high drama bordering on circus. Talk is cheap in the political arena.

The ultimate irony is that in election after election, candidates run on not being part of the “establishment”. This is the very same establishment that pre-screens them for candidacy. Once elected they are tied at the hips with those who backed them. Cross these guys at your own risk.

The Amero is just one component of the much bigger picture. It may or may not ever come into being. The ultimate globalist goal is to level the playing field between rich and poor countries. That means American standards of living must be reduced. The middle-class squeeze has been on for decades. Even government studies admit the damage this decade.

Some are naïve enough to believe our borders have not intentionally been left unprotected. That is difficult to reconcile with the US having the greatest military the world has ever seen. Apparently 160 other countries are more worthy of protection.

Globalists have long been the root of the majority of our country’s problems. Even the best of our politicians get entangled with them.

All markets are subject to window dressing between now and November 5th. The line is that the economy and markets have recovered from the debt debacle. Don’t believe it. The US remains the epicenter, but financial chaos has spread across the world. The Fed and US banks are playing hide the toxic financial monkey. Problems continue to crop up due to the misuse of leverage and failing real estate. The commercial real estate market is also deep under water. We have not bottomed.

You can protect yourself in several ways. Educating yourself and those you care about is job one. In spite of the recent appreciation of the buck, the dollar based system is running on fumes. Finding protection outside of it is critical. Gold and silver are presently on sale.

Invest Resourcefully,

Rusty

Source: My Fellow Amero-cans Part 3: Globalists

This from Russell:

The US dollar has had its run of the globe since the end of WW2. American technology and know-how have held center stage. We have had the greatest economy and military the world has ever seen. These enviable attributes were eventually combined with a near infinite ability to print and distribute dollars and other financial products. Everybody wanted what the US had to offer. Those days are gone.

The response to last week’s article was overwhelmingly positive. IDE readers clearly “get it”. We’ll be on this topic a while longer.

The dollar’s dominance is way past its prime. In the 1960s, Charles de Gaulle called it an “exorbitant privilege” to issue the currency that the world uses as money. This was at a time when the US dollar was actually backed by gold. He knew what was going on with dollar debasement and decided he’d rather have the promised gold than green paper. I know it’s politically correct to bash the French but my PC skills are pitiful at best…De Gaulle’s actions were prophetic.

In 1971, Nixon tricked all global dollar holders and reneged on the gold for dollars deal. You won’t likely read it in the history books but that is what is correctly called default. It also sent the dollar into a purgatory where it remains to this day.

Those of us who study both economics and money have long seen the issuers of the dollar dig its grave. Notice I didn’t say we’ve seen them dig their own grave. We watched attentively as the Euro was birthed over ten years ago.

The word at the time was that it was being brought forward because the buck was getting old and cranky. Since that time the Euro has come to garnish up to half of worldwide trade transactions. Who drew up the Euro in the first place?

Let’s just say that those who like to make their livelihood by turning computer keyboard entries into yachts and palaces had their fingers in the pie. The Euro is just as flawed as any other un-backed (fiat) currency. It’s merely a younger version awaiting its own purgatory.

Would you like a franchise with which you could stroke a few keys and instantly, out of nothing, create “money” that others would literally slave for? You should have been a banker.

Never forget that what is commonly called inflation has its roots in excess money printing. All central banks partake in this privilege. Central banking is a sweetheart deal between money royalty and politicians. Feudalism lives on.

Even the Commies have figured out this trick as China embarks on its “capitalistic” adventures. They have their own central bank that prints whatever they’re told to print. Authoritarian rule and abusive money is a double whammy. This one could play out for a long time as the Chinese, for the most part, are historically accustomed to one form or another of dictatorship (Emperors, etc).  “Free man” concepts are not even on the horizon.

The demise of the dollar may come as a surprise to many. Others have long prepared for the event. That is what all the background talk of the Amero is about. The foundation has already been laid. You can rest assured the gang that is imploding the present system will be front and center with its replacement. There is no justice.

The New World Order is all about currency regions. The three primary areas are set to be Europe, Asia and the Americas. Europe is up and running. Asia is moving quickly in that direction with China and Japan vying for supremacy. Smart money predicts the Chinese Yuan will be the victor. The dollar is playing out its final timeline.

The common term for the dollar’s global dominance is called dollar hegemony. Here are three definitions of hegemony from dictionary.com:

1. leadership or predominant influence exercised by one nation over others, as in a confederation.
2. leadership; predominance
3. (esp. among smaller nations) aggression or expansionism by large nations in an effort to achieve world domination

Leadership and influence are admirable terms. Aggression, expansion and domination are anything but admirable. Is the US dollar backed by military might? Maybe it’s just coincidence that Iraq and Iran were/are opting out of the dollar based system. Attempting to do so can be hazardous to national health. Oil is inextricably linked to the fate of the US dollar.

The money turf will be defended. As of 2005 there were over 700 American military bases in 160 other countries (Chalmers Johnson).

The unfathomable dollar based debts cannot be paid. The Fed, Treasury, banks and various financial institutions are presently playing hide the monkey with damaged or worthless economic goods. Black holes abound. Another Nixonian default is underway, this time via hyperinflation. The buck won’t survive it in present form. You’ve seen it won’t likely go quietly.

These are turbulent and disturbing times. Purgatory ain’t forever.

Source: My Fellow Amero-cans Part 2: Dollar Purgatory