MAY 2011 Newsletter
QUOTE
What do CNBC, Bloomberg, George Soros, Warren Buffet and every other mainstream investment commentator on the price of gold have in common for the last ten years?
They are all wrong.
Q & A
Dear Greg,
Ramtha told us in his teachings / streaming - that people will get sick and will pass away because of polluted water and polluted food. Otherwise, Ramtha told us to grow our own food.
Why should we grow our own food now if the air and water are polluted with radiation?
Thoughts from Austria!
With nuclear meltdowns such as that in Japan, the radiation does not travel far from the accident. Your soils and water should not have radiation in it. The oceans may have some, but you do not use that for gardening. If we have a nuclear bomb, then soils are more affected as the radiation will travel in the jet stream to areas far from the bomb. But that is not likely to occur.
Hi Greg,
It seems we are at some critical breaking points. We are now seeing some much overdue rapid rise in metals prices, however if we accept the timelines and scenarios outlined in recent weeks /months, it would appear we may have reached a point that it is wiser for all to cash in most of our metals and take advantage of this price surge - AND TURN IT INTO THE COMMODITIES OF ESSENTIAL SELF SUFFICIENT LIVING, INCLUDING SHELTERS.
I say this as a 26 year student, a professional preparedness consultant, shelter builder, and survival skills instructor. If these events happen as soon as we have been told and with anything approaching the magnitude recently outlined, what will you buy with these metals as the supply chains and infrastructure will be destroyed? Who will be there to buy the metals, and with what? I have been congruent with you all these years in your educational suggestions to others on these topics, but now I'm thinking perhaps the direction and suggestions need to be reassessed with the current realities unfolding.
This is an excellent analysis. And partially I agree with you. I think the best answer is that if you need money to get prepared in the most basic of ways - food, water, shelter, etc., then you should cash in - However, if you are 'relatively' prepared without any major purchases needed - but ONLY some more fine tuning, then I can only say what I am doing and that is holding until there is greater value in the metals so that the exchange into dollars can fulfill my objectives.
I started out as a home study student about 6 months ago, attended the Primary event, and the Q & A live stream. I just found out about the 'Days to Come'. I want to know what steps a student like me should take towards sovereignty. I don't have savings and I have been living pay check to pay check to survive. I don't have $ to buy land or gold. It's a lot of information and things to do to prepare.
Can you write in your newsletter what steps 'New' students who are just getting this info should do.
This week I put aside $30 and bought some mountain house food and drops to make safe if I need to, and doing as much research as possible.
I know it is also important to have the right mindset, so I am doing some of my disciplines every day, not sure if that is helping as fast as I like. I am going to continue to do so because I've seen little things manifest from doing them. I feel a little confused because there is a lot of info to digest with days to come & only a little bit of time. A little guidance will be greatly appreciated.
Thank you for this important question. You have taken the most difficult and important first step - you have started!! The most important aspect of being prepared is HOLDING THE DREAM. It is the dream that impacts time. If you hold the dream of being prepared and do something(s) everyday to act on that dream, you will manipulate time to wrap itself around the dream and give you the time necessary to get prepared. If you break the focus of being prepared and stop doing something(s) everyday, time will become linear once again and you might 'run out of time.'
The first two important items is food and water. If everyday you put one item of food in a box marked 'The Future' - you will begin to make it a priority and everything that is a priority gets fulfilled. Even the homeless can afford $7 packs of cigarettes - because they are a priority. All priorities get your mind's attention, AND whatever is on your mind becomes your reality. There is a list of priorities: Food, water, land, medicines, non-electric tools, and seeds.
JUST CONTINUE TO HOLD THE DREAM and make being prepared a priority. If you do this continually, your God, the Observer, will begin to collapse those possibilities of being a part of the future into tangible realities.
It will take willful determination and a concentrated focus to make all of this happen - but it will!! It is one way in which you earn the right to be a part of the future.
As I explained above I recently found out about the 'Days to Come' and I have been doing a little bit every day to prepare, and putting aside a few dollars to buy storable food at the end of week or when I have enough saved. Because I don't have my own home (yet) with a well and I am renting a room I will be moving from in the next 4 weeks, I didn't want to stop preparing.
For the past few weeks I was looking for the most feasible way to start storing water. This is something I came across that may be helpful for people who are starting to store food and water.
Below is a link. I am getting my shipment today... Yeah! I bought a box this week and will buy two more next week when I have more to spend - Its purified water in pouches with a shelf life of 5 years approved by the US Coast guard freeze proof, durable etc. The link below has better prices than any other site I found and other sites said my order can take anywhere from 3-6 weeks. This company said it will take anywhere from 2-3 days. The 'you tube' link below gives more information about the pouches.
www.safetykitstore.com www.youtube.com
Thanks - you are already making a contribution to others.
The house that we ended up building is an ICF house with 6" concrete wall and 2 3/4" Styrofoam on each side. The basement has 9' ceilings as do the main floor so we have 18' of concrete walls from the basement floor to the rafters.
After reading your March newsletter, I am wondering if I could make modifications to our house so that it would be suitable.
What is the purpose of isolating the basement from the rest of the house? For security of the house I am considering installing aluminum roll shutters on every window and door to the house.
Isolating the basement from the rest of the house is for security. Your home will be easy to find if someone wants to take advantage of any resources you may have - food and water for starters. The basement would serve you best if it is 'concealed' from the house. And to secure it, you will need hidden entrance and exits - with the door to the basement sealed off. It would be best if you cannot see the basement when walking around the house so that it does not look as if you have one.
Aluminum roll shutters will not protect you when you come out of the house to do something. And that kind of expensive protection will be a flag to those who see them that you must have a lot of resources. I would suggest that you keep your home modest and that any additional resources that you have be invested in your 'invisible' basement.
I am wondering where you would purchase a considerable amount of silver if you were going to do so. (Where you would keep it?) Burying it seems a little risky with major earth shifts impending...or if you don't own your own land yet. Do you think silver eagles, rounds, or junk silver best at this point?
Also, would you purchase gold at this point? I heard through a friend that the law changed recently and that any gold transactions over $100 now must be reported to the govt. (IRS?) Not sure if this is true.
Would you keep fiat money available still? - In the bank? I am in a position of receiving some funds, getting ready to purchase land, but not quite ready yet, and trying to discern the best way to proceed.
Even though we are in a major correction, silver is the best to buy now. It is accelerating faster than gold. You must keep the silver near you. If you bury it do so in a large container so that it is easy to find. Buy American eagles or Canadian Maple Leafs from www.franklinmiles.com and www.goldsilver.com.
When you are ready to sell, both of these companies will buy the silver back.
The law you referred to is for sells or purchases over $600. But there are many individuals that you will be able to sell to that by-pass that restriction.
Economy:
The USDX is going to take out .7200 and lookout below. Gold will leave $1650 in the dust.
History will be written this year. - Jim Sinclair
Gold and Silver are in a normal correction. Do not be dismayed!!
Eric Sprott: "Expect The Gold To Silver Ratio To Hit Single Digits"
In our opinion, gold’s continued appreciation against every currency is assured because the great flight from fiat has only just begun. Like gold, silver also has a long monetary history, and as such, investors are now also buying silver as protection from the ravages of fiat currency debasement. Thus, in our opinion, silver investors will continue to be justly rewarded. We truly believe that this is the investment opportunity of a lifetime, and increasingly so, others are taking heed. What is clear to us is that with equal investment dollars now flowing into silver and gold, the current 35-to-one ratio is unsustainable and has only one way to go – lower!
Indian Investors Switch to Silver from Gold
NEW DELHI -- Higher returns are tempting many small Indian investors to buy silver and sell some of their gold jewelry as the price of the white metal has more than doubled over the past year, traders said.
Spot silver prices rose to an all-time high of 60,125 rupees ($1364) a kilogram Friday in India's main bullion hub, Mumbai, from 28,535 rupees on April 12 last year, driven by firm global cues as concerns over unrest in the Middle East and North Africa have improved its safe-haven appeal. Gold prices too rose, but at a much slower pace of about 21% to 21,500 rupees per 10 grams.
"Ordinary investors are buying silver as if there is no tomorrow," Suresh Hundia, president emeritus of the Bombay Bullion Association, told Dow Jones Newswires. "Many people are selling their gold and buying silver because gold has not given them as good a return."
Favoring Gold
Silver has been skyrocketing, a move that is always potentially dangerous. Silver is also deeply overbought, having risen 8 out of the last 9 months. This is not true of gold, which has risen at a much more even and slower rate. China and many central banks are accumulating gold, but they are not accumulating silver.
Gold is held in strong hands, big money buyers, central banks, and large pension funds. This is not true of silver, which I believe is held in many speculators and quick-trade operators. Thus, silver is in weaker hands than is gold, and that's an important difference.
Environment
Press conference 'The Dangers of Nuclear War' Montreal March 18, 2011
- Speaking: DR. Helen Caldicott
www.youtube.com/watch?v=eMmaduq-5bw
The world's largest army... America’s hunters!
There were over 600,000 hunters this season in the state of Wisconsin.
Over the last several months, Wisconsin’s hunters became the eighth largest army in the world - More men under arms than in Iran. More than in France and Germany combined.
These men deployed to the woods of a single American state to hunt with firearms, and no one was killed.
That number pales in comparison to the 750,000 who hunted the woods of Pennsylvania and Michigan’s 700,000 hunters, all of whom have now returned home.
Toss in a quarter million hunters in West Virginia, and don't forget the 1,169,667 in Texas, so it literally establishes the fact that the hunters of those five states alone would comprise the largest army in the world.
The point?
America will forever be safe from foreign invasion with that kind of home-grown firepower.
Hunting -- it's not just a way to fill the freezer. It's a matter of national security.
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Miscellaneous
If you have friends or families that are skeptical, here are some professional references:
Martin D. Weiss, PhD – www.moneyandmarkets.com
David Schectman - www.milesfranklin.com – sign up for daily newsletter
Peter Schiff – www.europac.com
Jim Sinclair – www.jsmineset.com
Richard Russell – www.dowtheoryletters.com
King World – www.kingworldnews.com
In George Orwell’s Nineteen Eighty-Four, there were loud speakers constantly teaching the people what Big Brother wanted. The loudspeakers today are financial television. How much attention has financial TV put on the insolvency of U.S. states? It’s been mentioned, but not like the solvency problems of Portugal, Greece, Spain and Ireland, which have gotten hours, days, weeks and months of constant coverage. The solvency of New York, Illinois and California has been brought up but fleetingly at best.
Testimonials / Comments
Hi Greg,
In wanting to liquidate part of my metals portfolio, I found the local coin dealers were wanting to subtract from spot anywhere from $10-30 per coin (Connie and Dan's). One can definitely pay a price for local convenience. I wouldn't recommend the local coin dealers unless driving 1/2 hour or so out of the way was impossible. I highly recommend Northwest Territorial Mint in Federal Way (on 320th), they will pay spot plus on most coins, cash for any size transaction, plus no paper work or reporting. They even buy gold fillings, jewelry, flatware, etc., and have appraisers on site. They are a full size mint and precious metals dealer. Good to know!
After my dad was on IC for nearly 5 weeks, he moved now to Medium Care and he's doing really well. He has to strengthen his muscles. So the physical therapist is working on it. It seems that he's doing better and better every day.
I wanted to thank you for your Blue Body work.
My family and I are very grateful for your work.
Caroline
Greg~
I just wanted to send you a little thank you for being you and all that you do. We are the ones that were asking advice on BTO in March if we should go to Hawaii. We are so glad we went. It was a dreamy vacation. Hawaii will be missed. Have a beautiful day!
Justin and Dana Thurman
I have saved thousands of dollars on my 2008, 2009, and 2010 tax filings. I attribute that to the excellent tax work of Billy Gordon, CPA. – Greg Simmons
If you need someone to help you with your tax returns,
contact: Billy Gordon, CPA.
Pinnacle Tax & Accounting Services
P.O. Box 50
302 Binghampton St. W
Rainier, WA 98576
360.339.4608(office)
360.489.7996(mbl)
360.350.3305(fx)
Billy@PinnacleCPAs.com
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