Wednesday, February 23, 2011

The Introduction to the Book Gold Wars by Ferdinand Lips was written by Antal E. Feteke

As you may know, my blog is named after a book called "Gold Wars" written by Ferdinand Lips. The entire book is available on free PDF download if you click here. Professor Antal E. Fekete emailed me just now to express how very proud he was to be asked by F. Lips to write the introduction. It is a beautifully written prelude and I have published it below for your reading pleasure.

GOLD WARS – Introduction

A “gold war” is an attempt by the government upon the constitutional rights of the individual. Why do governments resort to gold wars? Sometimes they want to wage shooting wars without raising taxes; at other times they want to indulge in “social engineering” through the redistribution of income. But in every instance there is one common thread: governments have correctly identified gold as the only antidote against their effort to build the Tower of Babel of irredeemable debt.

This book is much more than a chronicle of gold wars. It is also an account of the historic failure of “Esperanto money”. Over a hundred years ago a Polish physician by the name Ludovik Lazarus Zamenhof (1859 . 1917) created a synthetic language in the hope of removing the curse of Babel from mankind. According to the Bible man had become so conceited as to challenge God by proposing to build a tower that was to reach to High Heaven. God’s punishment for the temerity was to confuse the tongues of nations. The tower could never be completed for failure of communication due to the confusion of different languages. Zamenhof called his new language “Esperanto” meaning “the hopeful”. However, the hope was in vain as other synthetic languages such as “Ido” sprang up. The confusion of tongues, and the curse of Babel, has remained.

Calling irredeemable currency “Esperanto money” is apt. The Biblical story may be interpreted allegorically as an admonition not to challenge God by attempting to build a tower of irredeemable debt that is to reach to High Heaven. But the admonition fell upon deaf ears. Now God’s wrath is upon us. Currencies of nations have been confused. The tower can never be completed for lack of compatibility of means of payment. The hope of Esperanto money to remove the curse of Babel is in vain. Other synthetic currencies spring up such as the SDR (special drawing right), the euro, and so on. The confusion of currencies, and the curse of Babel, remains.

Ownership of gold is not about lust: it is about liberty of the individual. The gold standard is not a “game”: it is the embodiment of the timeless principle ”pacta sunt servanda” (promises are made to be kept.) Official hatred of gold bordering on the neurotic appears less irrational if we contemplate that gold, and gold alone, is capable of exposing the ever-present bad faith behind the promises of the powers that be.

The Americans who have defaulted on their international gold obligations in 1973 put great pressure on other countries that they, too, denounce gold. This brings to mind the fable of Aesop about the wolf that lost his tail in a trap. As he felt uncomfortable being so different from the others in the pack, he tried to persuade his fellow wolves that they, too, should get rid of this cumbersome and useless relic. But a wise old wolf pointed out to him that his proposal would have had greater merit if it had been made before his fatal encounter with the trap. Switzerland was the only country to point out that the American demand to shed the “obsolete” gold reserves would have been less disingenuous if it had been made before the dollar was dishonored in 1971. This tale, however, did not have a happy ending: Switzerland had to be humiliated for being so impertinent as to run a currency superior to the dollar.

Mr. Lips has written a wonderful book for the discriminating reader who may want to understand better the challenge to God’s authority involved in the construction of the Tower of Babel of irredeemable debt.

Prof. Antal E. Fekete
Professor emeritus, Memorial University of NewfoundlandSt. Johns, CanadaConsulting Professor, Sapientia University, Csikszereda, Romania

Monday, February 21, 2011

Antal E. Fekete at Cambridge House Phoenix Silver Summit 2011

This entry was also published at 24hGold.com here.

I had the pleasure of listening to a talk given in the main speaker hall by Professor Antal E. Feteke on Saturday, February 19, 2011 at the Cambridge House Silver Summit. Professor Antal E. Fekete is a mathematician and monetary scientist who spends his time lecturing and writing about fiscal and monetary reform, especially in the role of gold and silver in the monetary system.

Professor Fekete gave a brief background about silver as money in America. In 1873, the government committed a very unconstitutional act by dropping the silver dollar. The lowest silver price was in 1933 and it was .25 spot. By 1963, it slowly rose to 1.29. This is an important landmark because the spot price of an OZ was higher than the monetary value on the standard silver dollar.

He believes the silver price change is not cyclical. If it is not cyclical, then what is it? In 1985, Professor Fekete met and spoke with the head of the Comex in New York. And what he discovered was this man had no idea about what made the silver basis tick. What drove the price.

If you take a look at the basis chart for silver (or gold, for that matter), then you will see a clear downtrend from top contango (a.k.a. full carrying charge) starting in the 1960's to the present, when it threatens to dip below zero (a.k.a. backwardation). The big question is this: will it be PERMANENT backwardation? If the answer is "yes", then the outlook for the present international monetary system is very bleak indeed. It will collapse as the monetary metals silver and gold will elbow out the usurper: fiat paper money. As fiat paper fights back, this will be a very messy process, and a lot of people will lose their wealth, some their shirts as well. Policymakers at the Treasury and the Fed are doctrinaires who put their Keynesian dogmas ahead of the interest of the people. This is a heavy indicator of silver shortages. Antal does not believe that there is a price suppression scheme driving this. He attributes this trend to many wealthy people in the world buying a lot of silver and not sharing the knowledge with the public as to what is happening.

By Kirsty Hogg
Independent Business Owner
http://www.fundsingold.com/
Goldvestments Copyright © 2011


He thinks that it is foolish to talk about $200 silver, because before that happens, there will be permanent backwardation of silver, meaning that silver is no longer for sale at any price quoted in paper money. You will have to cough up gold or some other "hard" asset if you want to have silver. That will be the end of paper money as we know it. SILVER IS SILVER, AND PAPER IS PAPER. (At this point, the audience broke out in spontaneous applause). He went on to state that silver will just be money and you will put it down maybe for gold but not fiat. That is how high silver will go in a real backwardation situation. (Again, the audience broke out in applause).

In Professor Fekete's 2008 article “Forward Thinking on Backwardation”, he states it’s dangerous to deny or belittle gold backwardation. We should not equate gold and silver backwardation with the backwardation of commodities. Commodity backwardation can be rectified if the fiat currency is still accepted, whereas with gold and silver backwardation, it is completely to do with the failure of the monetary system. In the article, Antal points out how similar the life cycle of the monetary system of the Roman Empire is to that of the United States.

Antal E. Fekete runs a research team based in London that is headed up by his former student Sandeep Jaitley “The Gold Basis Service London”. Antal also runs the "New Austrian School of Economics" in the Hungarian town of Szombathely, right on the Austrian border. Besides offering undergraduate courses, he also has students working for a Master's degree and some for a Ph.D. degree. He takes pride in that his school lacks accreditation, because there is not one accreditation board in the whole wide world competent to review his curriculum: they are infested with Keynesian and Friedmanite ideology to the core, and have an irrational, not to say insane, bias against the monetary metals gold and silver. When a student completes and defends his or her thesis, Antal gives them a Frank Lloyd Wright-style diploma: just a letter attesting that they have met the requirements for the appropriate degree. The number of his postgraduate students presently is six, from four countries in three continents.

Antal is a supporter of the Gold Standard Institute that is trying to dispel misinformation about metallic monetary standards spread by academia in the world for the past forty years, after president Nixon defaulted on the international gold obligations of the U.S. in 1971. Ever since, a lot of money has been spent by the grant departments of the Federal Reserve banks to support so-called research in the economics departments of the universities around the world singing the praise of fiat paper money. This is very natural: the defaulting banker is trying to promote his dishonored paper by hook of crook. The shame is on academia for accepting bribe money. When the dust settles, the past 40 years will appear as a reactionary period in human history when they tried to eliminate gold an silver, the only ultimate extinguishers of debt, from human affairs in the name of progress, but all they accomplished was the construction of the Debt Tower of Babel, destined to collapse and bury civilization under the debris.

Please note that Antal was asked by Ferdinand Lips to write the forward for his book, "Gold Wars". I will publish it now on my blog.
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Friday, November 5, 2010

Big Metal News Items and New Orleans Investment Conference 2010


I attended the New Orleans Investors Conference Oct. 26-Oct. 30 and there were some very important highlights that I would like to share with you:

During a workshop with GATA’s Bill Murphy, Chris Powell and Adrian Douglas, Adrian gave a compelling presentation on the manipulated gold market. He used the data from 3 articles he has recently written, to draw the following conclusion: The Gold Market is not “Fixed”, it’s Rigged. Here is one of the articles written by Cambridge educated Adrian Douglas who is a 20 year Schlumberger oil and gas industry veteran . I promise you that you won’t look at the gold market the same way again after reading this compelling argument:
https://marketforceanalysis.com/articles/latest_article_081310.html

Adrian asserted that if you own unallocated bullion, the custodian likely only has 2.3% of what you own on-hand, and opportunity to get your investment to be transferred to 100% allocated bullion is closing rapidly. Because there is strong indication that the long term suppression of the gold market could be ending, and the rise of a suppressed market can be very rapid when the schemes like this unravel, take heed as there is a true “gold rush” fast approaching that we can truly benefit from. I stress to anyone reading this right now to re-examine any investments in unallocated metal, and begin researching fully allocated bullion custodians like
Anglo Far East Bullion Company.
Eric Sprott of Sprott Asset Management, gave an amazing speech on how the reported global silver supply is grossly overstated and that their demand numbers have been too low. Eric mentioned that in one year, Sprott bought more silver than GFMS has accounted for for their investment global demand number for that year. Sprott has been very bullish on Silver and has acted accordingly for the last decade and has gotten all the big moves right. Eric told everyone that GATA has been right for the last 10 years and gave special kudos to Adrian Douglas, Director of GATA for his extraordinary work and articles of late. Eric finally laid out how he thinks that silver will be making an upward move to $50 in the next 4 to 5 months. Eric has raised $500 million for a physical silver trust that will be listed in both Toronto and New York. Go here for more on that.

Shortly before the conference, Bart Chilton of the CFTC went on record mentioning that the precious metals markets, particularly silver have been manipulated. This is a precedent moment as Bart Chilton is a US Government Official and GATA has not had anyone in power officially admit to the rigged market until now. Bart Chilton's statement can found
here:

As well, since Oct. 27, 2010, there has been 3 class action suits filed against JP Morgan Chase for the manipulation of the market. Since then, there has been a rally in the gold silver market coinciding with these law suits. Spot price of Gold/Silver on Oct 27: 1324.50 / 23.77 and the spot price today, Nov. 5, 2010: 1394.10 / 26.76. There really is no other explanation other than these lawsuits that introduced even more speculation and intrigue into an already incredibly bullish market.

Lawsuit articles:
1) Morgan, HSBC sued over silver price suppression.
2)
Silver class action invokes RICO against Morgan, HSBC.
3)
Kaplan Fox Sues JP Morgan and HSBC on Behalf of Investors for Silver Futures and Options Contract Losses Caused by Market Manipulation

I had the opportunity to personally interview Bill Murphy, Chairman of GATA and Peter Schiff, President of Euro Pacific Capital over the course of the conference. Here are the videos:




By Kirsty Hogg
YOUnique Gold Tribe Member
http://www.fundsingold.com/
Goldvestments Copyright © 2010

Wednesday, August 18, 2010

Tons of gold imports turn to dust on arrival: WHAT CAN WE DO???

Another case for keeping your bullion within the "Chain of Integrity" - Allocated, private gold bullion ownership.

CHAIN OF INTEGRITY: AN AGE-OLD PROBLEM By Simon Heapes

During the Spanish occupation of many South and Central American countries in the 15th through 17th Centuries, much Gold was taken back to Spain via Fort San Lorenzo in Panama. Panama held the Gold awaiting shipment back to Spain under heavy artillery guard. When Spanish galleons would arrive at Fort San Lorenzo, they would be quickly loaded and sent on their way bound for Spain's refinery. On their journey back to Spain, the galleons would be attacked by pi-rates, normally British. However, when the pirates acquired the Gold, they had difficulty selling it even on the black market because its authenticity of purity would come into question.

This issue of authenticity guarding against counterfeiting is as old as the subject of precious metals them-selves.

COUNTERFEITS


For most of history, coins were valued based on the precious metal they contained. Whether or not a coin was actually made by the claiming party was of secondary importance com-pared to whether or not it contained the correct amount of metal, i.e., correct weight and fineness (purity).

Unlike Silver, Gold is denser than al-most all other metals; hence, when something is made of Gold, it is extremely hard to fake. Simple determination of weight and volume should be sufficient. A coin that is the right size but is not Gold (or has too much base metal) will be "light" alternately, a coin that weighs correctly will be somewhat larger.

Platinum was unknown in ancient times. Platinum is denser than Gold, but since the price of platinum is currently higher than that of Gold, making a fake coin out of platinum would make no sense. In theory, fake coins could be made of uranium, but this also is not a practical solution. One element that has approximately the same density as Gold is tungsten. Alloying Gold with tungsten would not work for several reasons, but a coin with a tungsten core and Gold all around it could not be detected as counterfeit by density measurement alone. This would take extra scrutiny with possibly an X-ray test to scan the interior of the coin. The other ultimate test is to have the coin re-refined.

BITE TEST

An old practice to test whether a Gold coin was counterfeit was to bite down on it. Since pure Gold is relatively soft, any base metals mixed with the Gold to lessen its value will also harden the coin, and thus make it harder to bite on.

The majority of bullion counterfeits (of all types) are rare and fairly easy to detect when comparing their weights, colors and sizes to authentic pieces. This is because the cost of reproducing any given coin precisely can easily exceed the market value of the originals.

SMALL COIN & BAR MARKET

Everyone needs to realize that Gold must go through the refiners fire before becoming pure enough to be money and a store of wealth. Without a refinery stamp on the Gold guaranteeing authenticity of purity (such as Spain's stamp in the earlier pirate example), people simply don't trust it. This has been an age-old problem going as far back as ancient Egypt. So be careful what type of Gold pieces you purchase lest retesting or even re-refining may need to take place for authentication purposes.

BANK BARS

The standard Gold bar held as Gold reserves by central banks and traded among bullion dealers is the 400-troy-ounce (12.4 kg or 438.9 ounces) Good Delivery Gold bar. These bars are for the larger purchasers totaling at cur-rent prices of approximately half a million US$ dollars each. There is no sure way to actually test the interior of these large bars with a depth thickness near 2 inches per bar. Not even new methods of X-ray are dependable enough to ensure purity all the way through to detect an inferior metal such as tungsten. The only sure way is by putting the bar back through the refiner's process and melting it back down at great expense to the owner.

SECURITY VAULTING AND TRANSPORT

There are three vaulting and security companies within the LBMA system that meet approval to be accepted. They are:

VIA MAT International Limited

G4S International

Brink's Limited


INSURANCE

I know personally that VIA MAT‟s security vaulting and transport is insured by an underwriter of Lloyd's of London insurance. In walking around VIA MAT‟s vaults, each vault is segregated by two-foot thick security vault doors. The actual insurance on each vault door is US$50Million. When the contained metal value exceeds this insurance value, an-other vault is required to remain within insurance parameters. By having insurance initiated in this manner, the insurance covers the replacement of the Gold itself. In comparison, many insurance companies only insure safe deposit boxes by dollar value. When the Gold exceeds this value, the insurance will not be sufficient to replace total ounces of Gold in storage.

SYSTEMIC RISK

So how does someone purchase large quantities of Gold given the current systemic risks within the banking system today? Many banks over the past few years have simply collapsed or been taken over by larger banks, because their balance sheets have been written down by many billions and trillions of dollars. Not only that, there is also large counter-party risk on the bank's books. If a bank offers storage of Gold, yet on the other side of their business their assets are be-coming less valuable or worthless, this puts the Gold in storage under consider-able risk in the case of a write down of the bank's assets, or worse, collapse through bankruptcy.

THE CHAIN OF INTEGRITY

Large investors are looking for solutions to take Gold outside of the system away from systemic risk. This is achievable by vaulting with companies that are able to keep large bank bars within the LBMA chain of integrity yet outside of the banks. The informed and educated large purchaser seeking wisdom in this area soon realizes it's a two-way street.

It's one thing to purchase the metal but entirely another matter when it comes to liquidating large quantities. So long as the bars remain within this chain of integrity and the investor has access to a company that has a refinery account (very hard to obtain), the bar can be trucked back to the refinery. So long as the refinery can verify the bar has not left the LBMA chain of integrity (with supporting documents to prove it has not), the authenticity will not be questioned. This then saves the bar from being re-refined, saving the investor a considerable amount of time and money.

TAKE NOTE

Within today's current system there are many accredited investors who lack the sophistication to realize that by not staying within the chain of integrity, they will have issues in liquidating metal holdings of large quantity. Even in the recent past there have been particular banks which have asked their clients to re-move their Gold and Silver holdings outside of the system not realizing that they have broken the LBMA chain of integrity.

Until next time,

Simon Heapes, Treasury Secretary
Anglo Far East Bullion and YOUnique

Saturday, June 19, 2010

When Is A Good Time to Buy Gold and Silver?

Why Is It Now Crucial To Our Finances And Future To Buy Gold and Silver?
One of the things I encounter regularly is the overall lack of awareness by the general population on why we should be buying gold and silver. And not just buying it here and there like some kind of hobby or collectors’ item, but transferring a good portion of your savings into tangible metals. I feel compelled to write this entry to address this immediately. Simply stated everyone needs to begin doing this now for the following reasons.


Inflation:

We need to protect our savings from a silent economic cancer that robs us of our prosperity even while we sleep; inflation! Alan Greenspan (Before he went over to the dark side) said in his famous essay, "Gold and Economic Freedom", "In the absence of the gold, there is no way to protect savings from confiscation through inflation. There is no safe store of value.”

We work hard for our money and are already faced with a long list of taxes that already cut into our earnings. Overtime, inflation eats into your savings and your hard earned money, robbing you the natural opportunity to keep up with the cost of living. Inflation exists due to global central banking systems and fractional reserve banking. This is a sophisticated system where the issuing government allows their central banks to create non-gold or silver backed currency at their discretion. It is plainly and cleverly deconstructed here in Chapter 8 of Chris Martenson's Crash Course. Essentially, it becomes a massive counterfeit printing press where paper money is loaned back into the market. It is this influx of additional money in the market place that causes an increase in prices.

Gold and silver over many millennia have proven to be inflation-proof. They are not subject to inflation like paper money and hold their purchasing power. When our money was backed 100% by the the gold standard, there was little to no inflation per the inflation chart above (bear in mind also President Nixon completely denied and abandoned all gold backing in 1971).

You can find out more here why the little square pieces of paper in your wallet are actually worthless in this piece called "What is Money"? by Jeff Nielson.

National Debt Crisis: The
national debt has now been conservatively estimated at 13 Trillion Dollars. In the 1950's the USA lead the world in manufacturing and were the world's largest creditor. Now, the table has completely turned and they are the world's largest debtor! Since the USA no longer has a strong manufacturing base and simultaneously has extravagant government spending habits, this debt has grown so big that there is no way the current generation can pay it off. Enter the morality issue. This debt now belongs to our children and their children. Is that fair to them? When speaking about any debt, it is important to understand the power of compounding math. As the interest compounds on this size of debt, its steady growth can suddenly shoot up to parabolic proportions like this graph. Considering that the US Government is doing nothing drastic to stop unnecessary spending and eliminate national debt, where do think this graph will go from here? This is the bubble of all bubbles! The Debt Bubble. The US has been borrowing from the rest of the world for years now. What happens when its creditors call in that debt? This will burst the bubble.

This is why it's crucial to be financially prepared for the worst. Just because our lives are seemingly not being affected that much right now, but due to the exponential growth factor of a massive debt and no sign of anything being done to correct it, the debt will continue to rapidly grow. Without much warning, things can go from bad to much worse very suddenly. Consider also that the US Government really has no means of paying this debt off and of course, eventually, China and other countries will stop lending them the money.

Buying gold and silver will protect you from this kind of economic fallout as well as the debasement of our currency and hyperinflation.

"As the sovereign debt crisis deepens and the debasement of national currencies at the hands of central bankers and politicians becomes increasingly recognized, more and more people are starting to understand the true nature of gold. It is not only money, but a better money than any national currency." James Turk


The Long Term Manipulation of the Price of Gold and Silver.

Finally, we are going to address this not much talked about but very important factor in why NOW more than ever it is the right time to buy gold.
The Governments and central banks along with other players such as Federal Reserve and Treasury, various other central banks, and bullion banks like Goldman Sachs and JP Morgan Chase in a couple of different ways are surreptitiously suppressing the spot price of gold and silver in the market every day. They do this to satisfy their agenda of maintaining their positions and the status quo. It can be summed up quite nicely in this Daily Bell interview with Chris Powell of GATA.

Gold and Silver are Honest Money
They are elements of the earth that have always reflected man's labour to extract and refine them into a useable product and therefore have always had real value. Gold and Silver are an enemy of Wall Street because in history, when gold prices go up, it means the economy is going in the toilet and it is a sign of the devaluation of the currency. Governments and central banks don't like them because they can't print them into existence like they can fiat currency. I wanted to point out that despite this outside manipulation, gold has still risen 400% in the last 10 years, so the central banks scheme in stopping the driving force of gold constantly asserting itself as true money is failing. Several experts in the industry have pointed out that gold is still very undervalued today and without this daily tampering on the spot price, it should be almost twice as much as it is now and will continue to go up from there accordingly.

Today's prices are artificially low and there will come a day when the long arm of manipulation will be exposed to the point where it will stop. When you push something down for years that has its own life and propulsion in the global market, it stores up energy and when that interference ends, like a coiled spring, the market will explode and the price of gold will go up very quickly. This is all illustrated very nicely in this video of Mike Maloney interviewing Bill Murphy, Chairman of GATA.

The only good thing about this situation is that it creates a buying opportunity for people to get into the gold and silver market before it soars.

By Kirsty Hogg
YOUnique Gold Tribe Member
Goldvestments Copyright © 2010

Wednesday, May 19, 2010

Why Does the Price of Gold Go Up?

Traditionally, there are many variables that have affected the price of gold in the market place. Here are some fundamental guidelines:

-When the US Dollar goes up, Gold goes down
-When stocks go down, Gold goes up
-When oil goes up, Gold goes up

Because there is so much volatility in the market place today and signs show we are in an inflationary period, the rules above no longer seem to really apply and the gold market has now taken on a life of its own.

There are other things that affect the price of Gold like knee-jerk reaction buying and selling based on fear and greed. Collapsing currencies, countries going bankrupt, rumors of war and war, etc. have always affected the price of Gold. People flock to gold as a safe haven during these times.

Of course, there is also the long-term manipulation of the price of gold. The spot price of gold and silver have been manipulated and suppressed for many decades by the central banks, governments and JP Morgan. This was something that was dismissed as conspiracy theory bunk only a year ago and now that the Andrew McGuire story broke through to the international main stream media, thanks to Bill Murphy of GATA, it is being accepted more and more as fact throughout the world.

Recent comments by the media and people such as George Soros that gold is the ultimate bubble seem asinine to me when you consider the following:
- Federal Reserve and other central banks printing money (out of control) causing inflation.
- Gold for millennia has been a safe storage of value – Historically, all civilizations and cultures go back to gold after they debase their currencies. Washington is allowing the Federal Reserve to print money into existence and there are no signs on the horizon that this will end or slow down.
- If you look at any historical gold chart, gold has risen with small corrections and pull-backs along the way and in the big picture, steadily climbed. This is a classic sign that gold has been chronically bullish with no bubble in sight.
- Basic Supply and Demand Fundamentals: There is less than 1/2 an ounce of gold above the ground per person alive on the planet right now. What does that mean when failing currencies prompt everyone at once to turn to something more sound?
- Jim Rogers was quoted that he is not selling any of his gold. If gold goes down, he’ll buy more. If it goes up, he’ll still get more. He is certain that due to the imbalances in the world economy and financial system right now, we are heading towards a currency crisis in the next year. Does this sound like the actions of someone who has heavily invested in a commodity that is in a bubble status?
- China has already said that their demand for gold will double in the next 10 years. Is this bubble talk?

- Looming currency crises globally - You cannot open a newspaper or turn on your TV today without being told about the declining Euro and other failing currencies. This will become more prevalent in the media in the coming months.

Finally, because we know gold is inflation-proof, we know that the price of gold isn't actually going up or increasing in value, it is the value of the dollar that is decreasing. An ounce of gold purchases the same today as what it did 2000 years ago. It is the purchasing power of the dollar that is decreasing.

As Simon Heapes said “You cannot study the subject of Gold and Silver without studying its counterfeit, that being the world’s paper currencies.” Simon also recently reminded us that “Taking time to study history gives you the "jump on the crowd." History repeats. Consider King Solomon who said, "There is nothing new under the sun, that that is, is that that will be again." This is particularly true with markets and the emotional reactions of the crowd”.

In history, we have learned that in times of economic hardship and despair, there is also great opportunity. Ask me how you can participate and position yourself for the “Great Wealth Transfer”, which will accompany the looming financial crash.

By Kirsty Hogg

YOUnique Gold Tribe Member
http://www.fundsingold.com/
Goldvestments Copyright © 2010

Friday, May 14, 2010

MELTUP - A New Documentary by The National Inflation Association

Hello Everyone,

I just thought I would post the new documentary by NIA – “Meltup” for all to view. Any discussion or comments are welcome.