Wall Street Ponzi Scheme - Confidence, Perception and the Ideal Investment Solution
Stock-Markets / Market Manipulation Dec 08, 2007 - 10:07 AM GMT
My struggle in this ponzi scheme of Wall Street Finance goes much deeper. I ultimately ask myself where is this all headed. I could write a book on the daily manipulations and tactics that are used to keep this game going. But I want to take this into another direction. One of the reasons to invest to precious metals centers on the actions and thoughts of the so-called men in charge of the USA. I believe there is an elite class that really pulls the levers of this country, and the politicians are simply the tools, which they use as cover. I do not want to sound like an alarmist or a conspiracist. I want you to judge the facts and make your own decision.
The game is certainly changing and becoming more creative. This is reinforced by the change in the Security and Exchange Commission's (SEC) Mission Statement on December 23, 2005
Prior to the change the statement read as follows:
"The primary mission of the U.S. Securities and Exchange Commission (SEC) is to protect investors and maintain the integrity of the securities market."
The new statement read as follows:
"The mission of the U.S. Securities and Exchange Commission is to protect investors, maintain fair, orderly, and efficient markets, and facilitate capital formation."
As you can see the word "integrity" was deleted and "orderly" was added. It is obvious the new position of the SEC is to accommodate the Wall Street insiders and their creation of new financial products. This is very evident in the huge bonuses ($15-$50 million in 2006) of the big Wall Street executives.
Again, do not take my word for it. Read the following famous quotes from some of our most prominent historical figures.
"I have unwittingly ruined my country. A great industrial nation is controlled by its system of credit. Our system of credit is concentrated 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 world....no longer a government of free opinion, no longer a government by conviction and vote of the majority, but a government by opinion and duress of small groups of dominant men." Woodrow Wilson (he was the president that signed into law the creation of the Federal Reserve in 1913)
"It is well enough that people of the nation do not understand our banking and monetary system, for if they did, I believe there would be a revolution before tomorrow morning. The one aim of these financiers is world control by the creation of inextinguishable debt." Henry Ford
"Fifty men have run America, and that's a high figure." Joseph Kennedy 1936
"For a long time I felt that FDR had developed many thoughts and ideas that were his own to benefit this country, the United States. But he didn't. Most of his thoughts were carefully manufactured for him in advance by the Council on Foreign Relations- One World Money Group. The United Nations is but a long range, international banking apparatus clearly set up for financial and economic profit by a small group of powerful One-World revolutionaries, hungry for profit and power. The One-World government leaders and their close bankers have now acquired full control of the money and credit machinery of the U.S. via the creation of the privately owned Federal Reserve bank." Curtis Dall (Franklin Delano Roosevelt's son-in-law) from his book FDR: My Exploited Father-in-law
"The real truth of the matter is, as you and I know, that a financial element in the large centers has owned the Government ever since the days of Andrew Jackson." Franklin Delano Roosevelt 1933
"We shall have world government whether or not you like it....by conquest or consent." James Warburg (Rothschild banking agent, financial adviser to President Franklin D. Roosevelt) 1950
The real rulers in Washington are invisible, exercise power from behind the scenes." Felix Frankfurter, U.S. Supreme Court Justice 1952
"The case for government by elites is irrefutable." William Fulbright U.S. Senator 1963
"The Trilateral Commission is intended to be the vehicle for multinational consolidation of the commercial and banking interests by seizing control of the political government of the United States. ...They will rule the future." Barry Goldwater U.S. Senator 1964
"We are grateful to The Washington Post, The New York Times, Tie Magazine and other great publications whose directors have attended our meetings and respected their promises of discretion for almost forty years. It would have been impossible for us to develop our plan for the world if we had been subject to bright lights and publicity during those years. But the work is now much more sophisticated and prepared to march towards a world government. The supranational sovereignty of an intellectual elite and world bankers is surely preferable to the national auto determination practiced in past centuries." David Rockefeller (Trilateral Commission Founder) 1991
"Today, America would be outraged if UN troops entered Los Angeles to restore order. Tomorrow, they will be grateful! This would especially be true if they were told that there were an outside threat from beyond, whether real or promulgated that threatened our very existence. It is then that all peoples of the world will plead to deliver them from this evil. The one thing man fears is the unknown. When presented with this scenario, individual rights will be willingly relinquished for the guarantee of their well-being granted to them by a World Government." Henry Kissenger 1991
"In the next century, nations as we know it will be obsolete; all states will recognize a single, global authority. National sovereignty wasn't such a great idea after all." Strobe Talbott Former U.S. Deputy Secretary of State 1992
"We are not going to achieve a new world order without paying for it in blood as well as words and money." Arthur Schlesinger
Finally, I ask the question, what is the real motivation for the passage of the following directives.
The National Security and Homeland Security Presidential Directive , signed on May 9, 2007 declares that in the event of a "catastrophic event", George W. Bush can become what is best described as "a dictator":
"The President shall lead the activities of the Federal Government for ensuring constitutional government."
This directive completely unnoticed by the media, and given no scrutiny by Congress, literally gives the White House unprecedented dictatorial power over the government and the country, bypassing the US Congress and obliterating the separation of powers. The directive also placed the Secretary of Homeland Security in charge of domestic "security".
Also in May of 2006 President George W. Bush has bestowed on his director of national intelligence, John Negroponte, broad authority, in the name of national security, to excuse publicly traded companies from their usual accounting and securities-disclosure obligations.
I am attempting to look forward and try to imagine where we are headed as a country. I am not trying to paint a picture of doom and gloom. But some of the brightest individuals I have spoken with agree that long term we are headed down the road of totalitarianism. Actually according to history this has been a common event once democratic civilizations have past their peak and their currency looses economic status.
It is impossible to make rational decisions in an insane environment. The massive printing of money everywhere around the globe will have implications. Obviously, this creation of liquidity is providing a sense of security for institutions and governments to take on more risk for less reward.
I guess this is why we have had the largest amount of gold purchases in history over the last 4 years. On average 45 million ounces of gold had been purchased each of the last 4 years. For the first time in history individuals own more gold than the central banks. I believe the smart money sees what I have described to you and they are taking necessary actions for their survival and prosperity.
Once one has come to the conclusion that gold and silver not only offer protection against inflation, an unstable financial system, and an uncertain geo-political future, the 2 questions are in what form is the best way to own it and how do you protect that investment.
I am a big proponent of owning physical metal. I have a saying; "An ounce in the hand is worth more than 2 ounces in the ground." Gold and silver offer one unique quality that very few other investments can, privacy! In this world of the Patriot Act and other worries of identity theft, the ability to own an asset without letting the world know can become very valuable.
When owning physical metal the biggest concern is security for the asset. This has detracted many investors from owning the physical metal. Paper gold and silver programs are certainly convenient but in most instances you are investing in the price of the metal. Unfortunately, when considering these programs most investors do not think about delivery and accessibility to the physical metal. In my opinion, the perfect gold and silver program would have the following characteristics:
Invest in deliverable form of physical gold and silver bullion.
Have the precious metal stored in an armored and insured vault.
Have the custodian independent from the financial system.
Provide the investor a choice upon distribution, cash or physical metal.
Offer accessibility to the metal and have prearranged options for delivery if client wants the metal in hand.
Access is critical to gold and silver. Capital and exchange controls could hamper overseas programs and your ability to receive the metal. How do you know for sure that the bullion vault is not leasing out your gold? How fast can companies turn large bars of gold into deliverable ounces?
In other words the program must have already considered issues such as confiscation, changes in economic/political policy, dissolution of the central banking system, and catastrophic events.
Well, there is one program that incorporates all these ideals.
Regular accounts, IRA's, pensions, 401k's, trusts, and foreign accounts are all accepted. There is a minimum investment required.
Not only does this program have a centralized location but also there are special arrangements to have gold and silver stored and insured anywhere in North America, with one the largest independent security firms in the world. In other words, for the certain investor needing a more localized approach, they can invest in the physical metal yet have the physical metal stored in a closer proximity to their location. There are no other funds or programs in the world that can offer this level of service.
For the qualified investor who already owns gold and silver these unique storage arrangements are available as well.
For more information please email questions to profitsplus@cableone.net .
By David Morgan,
Silver-Investor.com
Mr. Morgan has been published in The Herald Tribune , Futures magazine, The Gold Newsletter , Resource Consultants , Resource World , Investment Rarities , The Idaho Observer , Barron's , and The Wall Street Journal . Mr. Morgan does weekly Money, Metals and Mining Review for Kitco. He is hosted monthly on Financial Sense with Jim Puplava. Mr. Morgan was published in the Global Investor regarding Ten Rules of Silver Investing , which you can receive for free. His book Get the Skinny on Silver Investing is available on Amazon or the link provided. His private Internet-only newsletter, The Morgan Report , is $129.99 annually.
Contact information: silverguru22@hotmail.com , http://silver-investor.com
Disclaimer: The opinions expressed above are not intended to be taken as investment advice. It is to be taken as opinion only and I encourage you to complete your own due diligence when making an investment decision.
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