When Heroes Disappoint
(Don't you hate it when your saviour goes up and dies on you?!)
Silver Stock Report
by Jason Hommel, January 14th, 2010
Yesterday, many said I published my greatest newsletter
ever.
IRA & 401k Theft Plotted by US
Government
http://silverstockreport.com/2010/Jan-update.html
But
many reported that the link to the Businessweek article from Jan 8th was
dead. I don't like it when Businessweek goes out of their way to
make me look like I'm inventing things, with no proof.
They moved
their link, at the very inconvenient time of around 10pm West coast time,
which would have been around 1am eastern, 4 hours after I sent out my
article, but was 5 days after their original publication. Looks like
they did this in response to my report. They also changed the
title.
I've read of many other bloggers complaining about this, but
it's never happened to me before.
Here's the new
link:
http://www.businessweek.com/investor/content/jan2010/pi2010018_130737.htm
They
changed the title from:
"Americans Oppose initiatives limiting 401
k choices ici says
to:
Retiree Annuities May Be Promoted by
Obama Aides
Shocking. It's like 1984 the way they revise a
historical article from the 8th, on the evening of the 13th like
that.
I suppose one way to "promote" the "conversions" is to remove
links, and change the titles when bloggers who disagree highlight the
theft that they are plotting.
And it looks like Businessweek
just lost all credibility forever among anyone who reads this.
In
case they do it again, here are more links to the story, more links to the
theft of retirement accounts that they are plotting. They can't
possibly change them all, since many are on servers they don't
control. Some of these are forums that also complain about the link
that moved.
I googled and it is all over, Here
are just a few;
Washingtons Blog
http://georgewashington2.blogspot.com/2010/01/flashback-will-obama-seize-americans.html
North Jersey
http://www.northjersey.com/community/seniors/personal_finance/81056982_White_House_eyes_retiree_annuities.html
BLOOMBERG
http://www.bloomberg.com/apps/news?pid=20603037&sid=aR9zVMXzOeX0
AIP NEWS
http://aipnews.com/talk/forums/thread-view.asp?tid=861&posts=5
"By
now, many of you may have read about a new Democratic proposal to
eliminate the tax incentives provided to 401(k) retirement
plans, and replace them with 'government-guaranteed' retirement
accounts."
PIT BULL TALK
http://www.pitbulltalk.com/viewtopic.php?f=65&p=369027
Godlike Productions;
http://www.godlikeproductions.com/bbs/reply.php?messageid=962346&page=1"e=15003694
Military Photos Forum;
http://www.militaryphotos.net/forums/showthread.php?172082-Americans-Oppose-Initiatives-Limiting-401(k)-Choices-ICI-Says(k)-Choices-ICI-Says
This Blue Marble Forum;
http://thisbluemarble.com/showthread.php?p=179483
TOPSY
http://topsy.com/tb/www.businessweek.com/news/2010-01-08/americans-oppose-initiatives-limiting-401-k-choices-ici-says.html
Integral
http://integral.virishi.net/category/person/phyllis_c_borzi
Slick Deals
http://slickdeals.net/forums/showthread.php?p=26506729
And it goes on and on like wildfire!!!
The
problem is government. AND THE MEDIA!
The solution is silver,
and gold. AND THE INTERNET!
==========
Another
"so-called" hero of silver investors is Bart Chilton of the CFTC, the
Commodity Futures Trading Commission, whose job is to prevent fraud in the
marketplace.
But the selling of unbacked silver futures contracts
is fraud, and it takes place all the time.
The BIS reported that
the mark to market value of over the counter, "other precious metals"
(mostly all silver) derivatives went from under $100 billion to over $200
billion in 6 months, as I reported here:
http://silverstockreport.com/2009/BIS-and-updates.html
But
the total value of all 600 million ounces of silver mined each year, at
$18/oz., is only $10.8 billion. So where did they find the new pile
of $90 billion worth of silver to sell, or nearly 8 years worth of world
mine supply? In other words, they didn't, it's all fraud. THE
BIS ADMITS SO, based on the math!
So, with that background, please
understand my stance. The "regulators" can do NOTHING to prevent the
fraud. There is no possible way to verify that people or
corporations have the silver that they say they plan to sell in the
future, unless all new sales of futures contracts are fully backed up by a
100% deposit of real silver now. But that kind of defeats the point
of futures, now does it not? In other words, the ENTIRE CONCEPT OF
FUTURES MARKETS IS ENTIRELY FRAUDULENT.
I have even written an
article on that, explaining exactly why it is impossible to regulate
futures.
The U.S. Government can't stop Silver Fraud
(But you
can!)
Silver Stock Report
by Jason Hommel, April 16th, 2009
http://silverstockreport.com/2009/govcant.html
You
cannot regulate futures any more than you could effectively ban
debt. Even I engage in futures contracts, the only difference is
speed. I sell silver online, and my customers get silver in a few
days, not months.
To write legislation that would prevent
futures selling, you'd effectively have to ban all trading. This is
why it's impossible to regulate.
The only way to "regulate" it is
to educate people to the fraud. No other way is possible.
The
CFTC can do nothing, and will do nothing, especially when they are IN ON
THE SCAM. THE CFTC IS A PART OF THE PRESIDENT'S WORKING GROUP ON
FINANCIAL MARKETS, OR PART OF THE "PLUNGE PROTECTION TEAM". Their
goal is to specifically maniulate the value of the dollar higher, and keep
silver and gold down.
As proof, I have emails from "Bart Chilton"
who some in this industry feel might do something
productive.
Again, there is no way to create "position limits" on
shorts that would be effective. JP Morgan, the big short, could
easily set up numerous offshore dummy corporations who could all short
silver to keep the massive short position in tact.
At least now we
know it's JP Morgan who is the massive short. The exposes the SLV as
fraud, as JP Morgan is the silver custodian!
Here is the email
exchange that led Bart Chilton to tell me to "F Off"
It started off
with a man who wrote to Bart, and me, saying why the CFTC will do
nothing.
His Reason? Gary Gensler spent 18 years at Goldman
Sachs, a corporation in on the gold manipulation scam.
http://en.wikipedia.org/wiki/Gary_Gensler
Bart
replied:
Hey Roger
I don't have time for that crap -- I'm trying
to
make a difference. Please peddle it
somewhere
else.
B
Roger copied the email to me, and
asked: "Hey Jason Are they maybe feeling the pressure?"
I
responded to Roger, and Bart Chilton of the CFTC:
> Position
limits would have no influence, even if JP Morgan
> and silver were
explicitly mentioned.
>
> Do you think they don't know how to
set up, and fund, dummy
> corporations, as many as are needed, to
continue the fraud,
> to hide their tracks? JP Morgan taught
Enron how to do
> that. The only reason they are not doing so
now is
> that most people are too stupid to notice, and too dumb
to
> care, and they have already bribed or taken down all
the
> officials who would interfere.
>
> Chilton is as
effective as a burnt brick.
>
> But hey, I don't have a
solution either; I would not stop
> them. I would only try to
educate the public to the
> fraud that is going on.
>
>
Chilton should at least do that, but, again, he is like
> dust in
the wind, and useful only for blinding the foolish
> masses into
thinking the government is "on it". I
> think he's even got
GATA and Ted Butler fooled.
>
> Chilton has never written
anything that remotely sounded
> intelligent to me.
>
>
Sincerely,
>
> Jason Hommel
> silverstockreport.com
Bart
responded:
Jason
> Sorry I won't play your childish game.
These are serious
> issues. Please don't email again.
>
B
I responded to Bart again:
Bart Chilton,
Please
don't be rude, don't close your ears, don't make yourself appear more
ignorant than you already do. Besides, you work for the public,
remember!
Besides, you don't want to risk me publishing your own
childish responses to my list of 80,000 silver investors, do you?
After all, I don't consider it a coincidence that your announcement
today
CFTC considers gold and silver position limits
http://www.chrismartenson.com/forum/cftc-considers-gold-and-silver-position-limits/33945
comes after my email to you last night.
After all, these are
serious issues, and you should be more careful on who you
upset.
I'm serious that I have much sympathy for you. After
all, it is YOU who the public expects will "do something" to correct the
ongoing fraud taking place under YOUR "watchful" eye, and it is YOU and
men in your office that the public will want to "hang" and have executed
when things go wrong in the world of finance.
They have done that
before, in places like France, where they invented the
guillotine, remember, or do you not know your history?
I'm not
making any threats, I'm trying to help you avoid that fate!
It is
my job to help keep you alive, to help direct the public to helping to
understand that there is little you can do, that it is the fault of the
public that they are the ones who are guilty of trusting paper promises of
banks that should not be trusted in the first place.
To help keep
yourself alive, you should follow my advice.
Expose the
fraud taking place.
Explain why you cannot regulate.
Explain
how and why they could easily jump over any hoops of regulations that you
put in place, by setting up dummy corporations to continue to short
excessive amounts of silver that no man could possibly keep up with it
all, or really know if they have the ability to back their short positions
with silver, as it's completely unauditable.
You should consider
yourself fortunate that I'm your friend, and in great sympathy for your
predicament, and that I understand it as well as I do.
I
understand you are damned if you do, damned if you don't.
I
understand that the banks put tremendous pressure on men in your
position.
I'm not your enemy, I'm your friend.
I cannot
guarantee that I won't email you again, after all, people continue to copy
me the emails that they send to you!
You should have more respect
for a man who can help you like I can.
Do you need men to pray for
your protection? I know thousands of righteous men who would gladly
do just that.
The
Bible says that the prayer of a righteous man can do a
lot.
==========
Bart finally emails me to say: "F
off"
Here are the full email headers for proof to all who know how
the internet works:
Re: CFTC impending whitewash
Thursday,
January 14, 2010 4:45 PM
From Chilton, Bart Thu Jan 14 23:45:46
2010
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I'm only somewhat disappointed that he could not
communicate in a rational manner. But then again, I have no faith in
him to begin with. I publish this because it helps to expose these
men who help to conceal the fraud and continue to delay contemplating any
"regulation" for another two months, until March, but it also shows
they are helpless in the face of regulating the manipulation, and that may
come as a surprise to many.
Roger finally wrote back to
me:
Jason
It's pathetically hilarious! Gensler to
investigate possible limits in gold/silver in March, now . I thought
that this was a part of the agenda for today. Midas in Le Met was
hailing this as a breakthrough- Rubbish. Mr Chilton's fangs have finally
come out. I think that you and Adrian Douglas are spot on- it'll come down
to massive shortfalls- the physical will in the end write the
script. CFTC are are stalling massively: I wonder whether
there'll come as USD devaluation in the interim period. As I denoted
in the email to you yesterday, they must be feeling a fair bit of
pressure. God's powerful light is scattering the cockroaches. They're
running in all directions, now. SEC and CFTC are puppets!
I
for one feel pretty comfortable though. The impetus for me coming into the
silver market was you, my friend. I have physical and stocks in gold and
silver. I turned the whole thing over to God long ago. In His
time.
Blessings and God's loving protection to you and
your family.
Roger
Smith
==========
In conclusion, while many said
yesterday's email was my greatest ever, it cause many people to lose faith
in me, their now "former" hero.
What, I don't believe in
evolution?
What, I think there are questions about
911?
What, I think people who are too stupid to hold on to their
money deserve to lose it?
Heresy! While I gained a few more
devoted readers, 53 more left forever and even said why. Pity.
I suppose you just can't burst too many cherished bubbles at once or
people think you are crazy.
Guess what? I also don't drink
flouridated water, and I think flouride is a poison.
I also don't
believe in vaccines! If they were effective, they certainly would
not need to force them on everyone.
I also didn't get a social
security number for my little baby Jude.
And two of my own heroes
lost a little luster today.
Two of my mentors, Bill Murphy and Ted
Butler seem to have put faith in Bart Chilton lately. Rubbish.
Foolishness. How could they?! Am I the only one that sees
through this deception?
Clearly not. Not any
longer.
==========
Don't forget to register for the Phoenix
show, while you still can!
ENTER PROMO CODE: SSR
=========
I strongly advise you to get
real gold and silver, at anywhere near today's prices,
while you still can.
Price Board:
http://jhmint.com/cgi-bin/ssrbidask
Our
Coin Shops are open 10AM to 5PM Pacific, Monday to Friday
100 oz.
silver minimum, USA shipping, wire transfer only!
Janelle (530)
913 0553 silver_support1@vzw.blackberry.net
JH MINT & Coin Shop, Grass Valley, CA
(530)
273-8175
http://www.jhmint.com/
Rocklin Coin Shop, CA, 15 min north of
Sacramento
http://rocklincoinshop.com/
Or visit www.momsilvershop.com
(Mom will
ship in lots of more or less than 100 ounces of silver, and
overseas, and take credit cards or pay pal.)
Jason Hommel
In case you miss an email, check the archives:
http://silverstockreport.com/