How You can Help
(Reach out with Love, Love, Love!)
Silver Stock Report
by Jason Hommel, February 18th, 2010
I sent a message to Jesse Ventura,
former Governor of the State of Minnesota,
He's the Author of the
book, "Don't
Start the Revolution Without Me", and host of the new TV Show, Conspiracy
Theory with Jesse Ventura.
I sent the following message to the
TV show, here: http://www.trutv.com/contact/index.html?subject_id=180&start=true
The
biggest conspiracy of all is paper money. They keep its value alive by
suppressing the prices of gold and silver by manipulating the precious metals market prices
to be lower than they would be. This manipulation has been "in retreat"
for the last ten years, as the bull market in metals has continued over
that time. But there are limits on the amount gold is "allowed" to go up
in one day, to keep excitement down. They divert investment demand away
from physical by providing paper alternatives such as: over the counter
derivatives, ETFs or exchange traded funds, futures contracts, options,
silver and gold certificates,
etc. This is an open conspiracy, it's acknowledged, but you have to know
where to look. The BIS, the bank of international settlements, has a
report showing that the over the counter "other precious metals", or
silver, derivatives increased by $107 billion in 6 months, which is 20
times the size of world annual silver production. I'd love to tell you
more, and point you to all the real experts in the precious metals community who
would all love to go on the record about this, the biggest and most
important of conspiracies, that will eventually bankrupt nearly everyone
who does not own physical gold and silver.
=====
We are more
likely to get Jesse Ventura to cover the silver and gold markets, if many
of you also send in similar messages. Please follow the
link
http://www.trutv.com/contact/index.html?subject_id=180&start=true
to
send your own message to encourage them to cover this issue. This is
how bull markets grow. Convincing people, one at a time, especially
people who then have the capacity to convince more people.
It's
been said that Governors make good Presidents because they can't run
deficits, because they don't have access to a printing press to cover
budget problems. So Jesse must be far more aware of the money issue
than most people.
He probably does not have many people
asking him to cover it though. After all, if there are only 1 in
1000 even interested enough to actually buy silver and gold, that's
not much of an audience to pander to. Thus, your messages are
extremely important, as it will help to convince the former governor that
there might actually be an audience for this topic.
I've
already discovered that there is a ready market out there, who would
buy gold and silver, if they only knew where to go to get
it.
==========
Here is a very funny report, showing
why gold is not in a bubble; because the gold
market is entirely unlike the housing market.
from a comment posted
to zerohedge.com
A gold bubble? That would be terrific, thank you. Please let me know
when we have the following in place:
A $250K/$500K capital gains tax exemption on gold (as opposed to taxing
all capital gains in gold at the higher short-term tax rate,
regardless of how long it's been held).
A "President's Working Group on Gold Markets" to support the gold
market in the event of sudden sell-offs.
A tax deduction for interest on margin debt used to buy gold.
A "Federal National Gold Association" and "Government National Gold
Association" who use taxpayer money to purchase margin debt used to
buy gold.
Thousands of government boondoggles at the federal, state, county, and
city level to promote "The American Dream of Gold Ownership".
It should be possible to buy physical gold, or to go long on gold
futures, on 0% margin. There should be thousands more government
programs to "help people keep their gold" and prevent repossession of
physical gold when buyers default on their payments.
A "National Association of Goldsters" who collect a 6% commission on
all gold sales and whose sole purpose in life is to chant "They're not
making any more gold", "Gold never goes down", and "Buy gold now or be
priced out forever". This NAG should be one of the most powerful
lobbies in America, and their members should be quoted by the media as
though they (1) are disinterested parties and (2) know a f---ing thing
about economics, or, for that matter, anything else.
Individual retirement plans and pensions invested wholly in gold, so
that supporting the price of gold becomes a matter of national
security. Any hint of a gold price crash should lead to congressional
hearings and SEC investigations.
Anyone who shorts gold futures should be decried as "un-American" and a
cowardly leech who profits off others' misfortunes and deserves to be
destroyed by short squeezes. Most importantly, anyone who complains
that gold is overpriced should be derided as a "bitter fiater" who
missed the rally and, furthermore, can't get
l--d.
==========
How funny. Sad, but true.
I can even add a few more:
Loans of up to 125% of the gold
value, to buy gold.
Loans available to anyone with a job, mandated
by a government sponsored entity, so that anyone could buy at least
$100,000 worth of gold, and be given a loan of up to $125,000 to buy that
gold.
People don't really recognize why housing is in a bubble,
they don't understand the impact of so many price supports.
Some people are saying that housing prices will "come back to
earth". No way. Housing prices will go much lower, into the
depths of hell! Why? Because markets move in cycles.
Overvalued things become undervalued. A "fair value" means that
housing should typically always sell below the cost to build it.
After all, an old house has all the same problems as an old car, you have
to continue to fix things that break down and decay. Therefore,
undervalued housing sells for far, far below the cost of
construction. It might take a while to get there, but remember,
sometimes, the cycle length is quite long.
You can also help by
sending along key reports to your family and friends. Many people on
my newsletter tell me that they began reading it because of a
recommendation from someone in their own family, or a close
friend.
Here is my introduction to gold and silver markets; a brief
discussion of the supply and demand fundamentals, and the
inherant monetary properties of the metals themselves:
http://silverstockreport.com/introduction.html
Here's
a few other articles that cover so much:
Why I got into silver December 17th,
2009
Why Silver will be a Better Investment than Gold
November 17th, 2009
Ok, one more, here's
where Greenspan admitted he was wrong!
Greenspan Misapplied Free Market Theory
October 23rd, 2009
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