Gold
... And The Coming Stock Market Crash

There are many reasons why the Stock Market will crash (soon we think).  The Kondratief Wave; the Elliot Wave Principle; the mass mania investor psychology; the spiriling individual debt; the U.S now a debtor nation as opposed to being a creditor nation; off the Gold standard; and numerous others, some are:.

• Highest recorded financial leveraging in the stock market ever.
• Low savings in the American public, highest financial debt ever.
• Record number of bankruptcies.
• Record number of credit card defaults.
• Foreign banks, etc. holding glut of American debt.
• Capital goods are under-invested in.
• Consumer debt highest in history.
• Fiat banking and credit schemes creating worst debt in U.S. history

All these--and more--predict a new great crash is looming around the corner.

Saints predicted this in the second, third, and fourth centuries, as well as others for over 14 centuries.  In effect, they prophesied: "There will be a world-wide financial crises in the latter part of the 20th. Century."

There are a number of steps you can do to protect yourself now.  This is what most bearish financial advisors are saying:

1. Get Debt Free Now !  Liquidate that which you can.  Idle property sitting around--sell it now.  Many are advising that real estate will fall by half or more of its 1990 value. Destroy your credit cards now and and pay off those balances now.  Your retirement may not be so safe--investigate it and see if it is back by stocks, bonds, or annunities.  Swiss Annuities are best.
   For More On Swiss Annuities, Write for a copy of A complete Guide To Swiss Insurance Investments:
   1. Volcom SA. P. O. Box 949, 1211 Geneva 3, Switzerland; or,

   2. Jurg M. Lattman AG Swiss Investment Counsellors, Germaniastrasse 55, 8033 Zurich, Switzerland.
   Note:

   "It seems that the lower house of the Swiss Assembly has just passed a 2.5% tax on single premium annuities.  Should the upper house also pass the act, it would seriously compromise the annuities' viability as an investment.  The U.S. has had a 1% tax on annuities here for many years.

   "My suggestion is that, if you've been thinking about buying a Swiss annuity, you take the plunge now, both because the dollar is strong and because the pending Swiss Government tax may make waiting a mistake." ---Douglas R. Casey, International Speculator, Volume XVII, No.0

   However, those wishing to protect themselves as much as possible from the Coming Crash and the resultant Total Collapse in life, as we know it, get out of stocks and put 90% of your money in T-Bills. The rest in gold, silver, and platinum coins. You want numismatics to avoid the possible confiscation of gold as done in 1933 under Franklin D. Roosevelt.  See later, Be Advised: for "Junk Coins" definition.

   If you know the timing of the crash--and no one does--then you can stay with stocks and bonds and get out the day before and make a bundle; but if you don't, then consider T-Bills and precious metals.

   You can call Permanent Portfolio Fund at 1-800-531-5142 for doing this for you. The interest is small, but you will stay out of trouble and be protected agains most of the financial loss when the crash occurs soon.

   Swiss Francs:  This is another, rather, safe haven for your money. Buying Swiss Francs and having them held in Switzerland was consider, and still is, to be one of the best places for your money. They are back by gold and the Swiss Government has a strong financial policy that also involves privacy for its depositors.
   
   How To Get Into Swiss Francs:
   
   
   1. CDs from:
      • Mark Twain Bank in St. Louis.
      • Call:  1-800-9926-4922.
      
      Draw back:  They don't pay much interest; but you have protection.
      
      
   2. JML Swiss Investment Counselors.
      • Call:  1-800-985-4321, extension 415.
      • Ask for their free special report:
      
      

      "The Swiss Franc In The Year 2000."  We have seen many reports from various investment/financial newsletters and consider this one of the finest. If you want in Swiss Francs, you want this special free report to guide you. This is an excellent company and pays higher interest than Mark Twain Bank.

      Note: Switzerland is now a member of NATO's "Partnership for Peace." Some consider this not a healthy sign.  The reason is they may be moving away from their long-held neutrality stance.

      Source for Swiss Francs: Various newsletters, books, and Richard Maybury's U.S. & World Early Warning Report. See below for subscribing.

      When the crash goes down, those with the least debt are most likely to survive.

       Those who will be hurt the most, that can least afford it, can be drawn from the following:

      In 1929, only a small percentage of Americans invested (or speculated) in the stock market (under 5%).  Today, 43% of U.S. households (over 75 million investors) have the lion's share of their savings and retirement assets in the stock market or equity mutual funds.  When the crash comes, America will be far more devasted than in 1929 or the 1930s. ---The McAlvany Intelligence Advisor, August, 1997.

   3. Begin Now to Build a Cash Reserve !  This means, according to the experts you must have cash on hand; then, when this goes down, you will be able for a time to buy for pennies on the dollar. Also, banks will fail and checks, credit cards, etc. will be useless. Get The Cash.

   4. Most Importantly--Stock up on food now for two years. See our previous page for food storage under Survival.

   5. Protection: Learn Self-Defense; get a pistol and rifle, and get at least 1000 rounds for each.

   6. Think Smart. Throw away your TV and learn to read books again. Learn to entertain yourself again and teach your kids to also. Get dominos, checkers, scrabble, cards, etc.

      Have good reading material lying around. Get books on the lives of the Saints, and read the Bible for guidance and spiritual insight. Don't wait to discipline yourself--now is the time. It is going to be tough. We are told what is coming will make the 1929 Crash look like a Sunday picnic.

   7. Act As If The Depression has Already Struck: Live with less.  Cut out movies, video rentals, credit card purchases, stop going out to eat, taking vacations.

      Learn to enjoy hiking, going to the seashore, woods, jogging, simple things in life that benefit your mind and body. Get in shape physically.

   8. Develop An Attitude: First, explain to your spouse, then together your children what is about to happen and why you are changing your lifestyle now. Develop a "Covenant Community" in your family and relatives, or neighborhood for physical and mental protection--if possible.

   9. Become self-sufficient or self-reliant in your living:  Eliminate non-essentials in your life; in our self-defense classes we teach mental, spiritual, and physical discipline--develop this now in your life.  Learn to say no to things that aren't important.

      Read more--less television.   Spend time in reflective thoughts, prayer, and meditation on Christian values and what they use to mean. Read the bible 15 minutes a day, then reflect on it.  Become discerning about people, things, and places.  Do not live in the white zone. Be alert at all times; live in the yellow zone.  The red zone is for fight or flight.

   10. Remember the sequence in this portion of The Chastisement (Stock Market Crash--predicted for over 14 centuries) will be as follows:
       1. The Stock Market Collapses

       2. Bank failures next; when they reopen, most will stay closed.

       3. Liquidity crises now occurs with the bank failures--this is the time to have "cash on hand";  the cash reserve we spoke of earlier.

       4. Liquidity crises passes and the dollar devalues ( it becomes worthless).

       5. Gold and Silver Skyrocket in Price.

   11. Buy Gold Now ! Gold is your wealth for big purchases.  Recommended:
       1. $20 Double Eagle Gold Coins. Get a number and variety of each.
          1. Augustus Saint Gaudens $20 Double Eagles
          2. Liberty $20 Double Eagles

       Update:  May 16, 1998

       Big investors, central banks too, know what's coming, consequently they have been secretly buying bullion.  The big investors also have bought and drained the gold numismatics, especially Augustus Saint Gaudens, $20 Double Eagles.

       Various gold and silver houses have been warning that the Saint Gau- dens are getting more and more scarce, also the Liberties.  In fact, Investment Rarities Incorporated and McAlvany's precious metals of gold, silver, and rare coin brokerage & consultation, International Collectors Associates (1-800-525-9556), as well as others, have warned of this for months now.

       James Cook Market Update, April 1998, from Investment Rarities Incorporated, has this to say:

       Over the past two decades we have sold hundreds of millions of dollars in U.S. Double Eagles.  Last month we ran out. With the Asian crisis and the Clinton fiasco heightening demand, we couldn't find any more.  On several days our 75 brokers sat at their computers with nothing to sell. It was disconcerting.

       The log jam has temporarily broken and now we have a few. However, the supply that was always available has gone. European sources have dried up.

       They have a few "circulated $20 Liberty gold coins."

       Because of this developing shortage, we suggest you call broker, Ellen Petty at IRI (1-800-328-1860) and get the following:

       • $20 Liberties (Get half a dozen or more)
         
         
       • Argentina 1/4 ounce gold coins (fractional demoninational piece). These are not bullion and the quarter ounce is equivalent to the American $5 gold piece, only much cheaper. They were minted around the 1880s, and at least 100 years old. The non-bullion are not confiscatable... but anything can happen in this present administration when the "Total Collapse" comes within a month, the next quarter, or next year July 1, 1999, a number of financial advisors are predicting.  If the present schemes don't bring it on, then the Y2K will.  If the Collapse is in progress, then Y2K will only accelerate the crisis, tossing the world into a dark age period for a while. Get prepared now! See our "Survival For the Coming Chastisement" page. Go to "Menu" and cursor down to "Survival...."
         
         
       • The Uruguayan 5 Peso Gold Coin (fractional demoninational piece).  Contains 0.2501 ounce of gold.  These are equivalent, also, to the American $5 gold piece in the amount of gold they contain, only much cheaper in price.  Call Ellen Petty at Investment Rarities Incorporated at 1-800-328-1860 today.  Tell her Charles and Kathryn sent you from our WebSite.

       • Canadian Maple Leafs.  These are pure gold; most others minters have added copper to strengthen their coins. Maple Leafs are produced in Canada and widely held.  They are bullion and there is a possibility they could be confiscated if the U. S. government called-in any existing bullion coins to shore up its failing economy in a Total Collapse.  These Canadian coins are from a rather stablized government which is makes it easier to turn back into liquidity when the definite need will arise.  Think Liquidity when the Collapse comes soon.
         
         

         Update: At the time we wrote about the Canadian government, their finances are "robust on the surface.  However, it appears that the Canadian dollar is eroding steadily."  Source: Strategic Investment; August 19, 1998, p. 5.  For subscription: US $169/yr. 1-410-234-0691/Non-US, call 1-410-783-8440.  Even though this may be true, your WebMasters still suggest holding Canadian Maple Leafs.

         Because of the changing world-scene, the authors of this web site feel that since the U.S. government has demonitized gold (money is no-longer backed by gold), they probably will not confiscate it this time. No one is really interested in; nor knows what to really do with gold. But that will all change after a while.

         If you were wise enough to buy gold, when the Mutual Fund's runs starts for redemption, the Bank runs start, and the Collapse is Total, then, if you have gold and silver, and the cash on hand we speak of on this page, hang on to your gold and silver.

         On every street corner a "gold dealer" will spring up hawking to redeem your gold for liquidity.  They don't have the cash for what your gold is worth then... and they know you don't know, but they know what it is worth and how much more it will become worth. Get the cash on hand and the food storage.  Deal only with large brokerage houses that have the liquidity, such as IRI.  Don't, even then, be too eager to get the liquidity for your gold and silver. You will need this for later when the system gets going again.  That is why you want food storage, gold and silver, etc.

   12. Buy Silver Now, also.

       Silver is for Barter--small things.

       Update:  Last Days Journal. May Issue; 1998. Vol 3 No. 5. For sub- scription: 816 Easely St.; #411; Silver Spring, MD 20910; check/MO. U.S $20.00. This is what they have to say:

       "Silver Coins Getting Harder To Find."

       "We recently reported in our sister publication, Leading Indicators (write us for a free sample issue), that the market for non-collectable, or "junk," silver coins is beginning to thin.

       "Common coins like the "Morgan" silver dollar or the "Peace" dollar are getting harder to find in recent weeks after previously being in adequate supply for many years.  Coin dealers are reporting that buyers and re-sellers are buying large quantities of these coins and depleting supplies at a rapid pace.  Prices for these coins are beginning to rise.

       "The reason for this phenomenon, we believe, is that more and more people are beginning to recognize the imminent threats posed by the coming Year 2000 computing crisis ("Y2K"), the coming implementation of the European Economic and Monetary Union (EMU), which could destroy the value of the U.S. dollar, and the possibility (indeed, probability) of a U.S. and global stock market collapse.

       "This will make owning gold and silver coins a necessity for surviving the chaotic times sure to follow a necessity.  We advise all our readers to ... buy as many 'junk' silver coins as you can afford in anticipation of these castastrophes. ... but be warned:  the time is growing short."

       The Silver we recommend

       1. 1/4 bag: $250.00 face-value in dimes or quarters.
       2. 1/2 bag: $500.00 face-value in dimes or quarters.

          Note 1:  It would be wise to have (B) divided in 1/4 bag dimes and 1/4 bag quarters.

       3. 1/4 bag Silver Dollars. Face value: $250.00

          Note 2:  We recommend in your silver purchases:  1/2 bag dimes or quarters divided into 1/4 bag dimes and 1/4 bag quarters. We also recommend 1/4 bag or more of Silver Dollars.

          Anything else, store as Gold.

          Be Advised:

          We highly recommend Gold Bullion and Junk Silver.  "Junk Silver" coins or gold (bullion) is known as such because they have no collector's value.  They are either just gold (bullion) or silver.  You buy these for their precious metal content and that is all.

          Do not buy for:

          • Collector's value (numismatic).  This implies not buying coins that are individually wrapped.

          • Rariety.  With what is coming this time, you want Gold and Silver; nothing more.  The reason is because "Junk Coins" give you a store of value, especially gold.  This means it maintains its value through time and space.  You have solid purchasing power not devalued by the coming WipeOut of the Stock Market and the Y2K Crisis.  Gold and silver perform this function better than any other types of money.  Recall!  It is the money of the Holy Bible.

          • Gold or silver rounds not stamped or imprinted.  You will have trouble proving what and how much they are worth...1/4, 1/2, 1 ounce and so forth, when you need them most.  You want that government's stamp on them (what government issue them and how much precious metal is contained in the gold bullion).

          • You do not want limited edition coins, mementos, bars or private issues, such as those from the Franklin Mint and other companies.  You want coins that are date issued as a currency by a government; easily recognizable as currency; difficult to forge; the silver/or gold they contain is a known fact.

          Do Buy:

          • Pre-1965 coins.  These coins, dimes, quarters, half dollars and one dollar coins, contained 90% pure silver by weight, I know, because in college Quantitative Analysis, we tested our reagents on silver dimes that had a known, precise weight of silver.  This was a certified fact from the U.S. Government.

          • Take full possession of your coins quickly.  Store them in your favorite hiding hole up the country.

          • Do not be concerned whether the price of gold or silver goes up or down.  Hold onto them.  You want purchasing power with something through time and space when everything collapses: Mutual funds, banks, insurances companies, and the companies themselves that issued the stocks.  You will need them to purchase food, barter, and the like.  From reading our pages, you can see that we are not averse to numismatics, but times are changing and will change very, very fast in the next few months.  Be sure and read our "Survival Page" from MENU.

          How To Buy the Coins

          • We suggest you not leave an easy paper trail, especially when the crisis begins.

          • You should get $5000 - $10,000 purchase value or more, not face value in your gold/silver coins; divided equally, for each member of your household.

          • Get fractional demoninational pieces of gold and silver; such as 1/4 ounce gold pieces and junk silver in dimes, quarters, and silver dollars.  See #'s 10 - 11 above.

          • Use money order or cashier's checks--not personal checks.

          • Find out the rules before you complete a transaction.  For instance, there is a governmental limitation on buying over $10,000 in any one month for cash transactions such that a federal form must be submitted.  Therefore, buy up to this amount, and then wait a total month before buying again; or buy in increments; but you are still limited by the $10,000 ceiling.  Make sure the broker knows what you are asking: You don't want to leave a paper trail for anyone.

   13. Gold and Silver Broker we highly recommend:
       • Investment Rarities Incorporated (1-800-328-1860):  Ask for Ellen Petty. Have her send you an investment package for your perusal.  Tell them Charles Brocato/Kathryn King sent you. Click here to go directly to their page:
       
                                 http://www.investmentrarities.com
       
       
   14. If you are in to stocks and bonds, you want 10% -20% Gold in your portfolio. By investing in precious metals: Gold, Silver, Platinum, you will be properly diversified to provide liquidity, long-term capital appreciation, and a hedge against inflation.

       They, especially gold, are also a safe haven against bank failures--which are coming [see our web page on Y2K--The Millennium Bug], and currency instability and other forces which cause precious metals, especially gold, to rise in value.  They are are:

       • Bank Failures
       • Rising inflation or the expectation of rising inflation
       • Devaluation of the dollar
       • Other currency-related crises
       • Increased Industrial and Investment demand for gold
       • Price increase in other commodities
       • Stock and bond market collapse
       • A New World War
       • International tensions

       Gold serves as an increased hedge, though volatile in the short-term, against the erosion of the purchasing power of paper money. This is why you want to hold your portable gold coins for 3 -7 years on the average. However, if a deal or situation presents itself that is extremely advantegous such as gold appreciating in value to quadruple or more what you paid for it--consider selling.

       Just before the Chastisement proper falls, gold, it is estimated by Michael Haga, to possibly go to $3000 - $6000 an ounce. And if Clinton bans gold altogether; then places the U.S. back on the Gold Standard--it is felt he will in many of the bearish financial newsletters, gold will go to $50,000 an ounce !  The appreciation in gold is held by numerous other bearish financial advisors.

       As for Silver, its "price is closely connected to the same factors related to the value of the dollar, the rate of inflation, monetary policy, and interest rates.  When there is movement in these areas, there is also movement in the price of silver." However, silver may become as valuable as Gold.  Silver is known as the "Poor Man's Gold."

       Excellent Fact For Barter Knowledge:
       
       

       Throughout the travail of ages, Gold is generally 10 - 20 times more scarce or rarer than silver.  For this reason, the price of gold is usually 10 to 20 times more than that of silver.
       
       

       Gold coins, bullion, have this major advantage over junk silver coins, according to Jim Lord: "You can pack much more value into the same space since one ounce of gold sells for about 75 times as much as an ounce of silver." Source: 2000, A survival Guide For The Year 2000 Problem by Jim Lord, 1-888-Y2K-2555.

       A silver dime is worth four (4) copper-clad dimes. Remember the ratio: 1:4.
       
       

       You want to have on hand $500 face value in copper-clads (every- day change).  Break it up this way:  $200.00 in nickels and pennies.  You want the balance, $300, in dimes and quarters. This is for when the bank runs begin and cash is scarce. You do not want to use your gold and silver coins then. They are to be used when things start leveling out and the economy starts.
       
       

       Most people will not know the value of gold and silver. Therefore, use the copper-clads until the populace gets educated. This is why you only want to buy from a large dealer who can survive what is coming and they know the value of your gold and silver coins. Bullion, we feel--as a number of others--will go to, first, $5000 an ounce; then possibly to $50,000 an ounce if the world goes back on the gold standard.  Silver may well go to $5000 an ounce too.
       
       

       You want to have enough cash on hand to cover one year's personal expenses: mortgage payments, car and truck, food, etc.  Have plenty of old $20s.  Not new ones.
       
       

       You can use this knowledge in bartering for goods, services, etc. when the Total Collapse occurs.
       
       

       Note:  Those who have Gold and Silver will be the next, new instant millionaires !  Wealth doesn't vanish--it just changes hands.

   15. Books Recommended--a must read:
       
       
       • Total Collapse--The Financial Crash of the Millennium by Steve Puetz (pronounced "Pitts").  Order from:
         
         Newsletter Systems
         5000 Green Lane
         P.O. Box 11206
         St. Paul, MN 55111-0206
         Toll Free: 888-639-7587; or,
         Ellen Petty at (toll free) 1-800-328-1860.

         Also subscribe to Puetz's fine newsletter, The Steve Puetz Letter

       • The Great Gold Comeback by James R. Cook. Order From:
         
         Investment Rarities Incorporated
         7850 Metro Parkway
         P.O. Box 11206
         Minneapolis, Minnesota 55425
         Toll Free: 1-800-328-1860
         Ask for Ellen Petty
         
         
       • After the Crash, Life In the New Great Depression by Michael Haga.  Order From:
         
         Acclaim Publishing Co., Inc.
         P.O. Box 1
         Wetmore, CO 81253-0001
         Toll Free: 1-800-323-3523
         
         Get his excellent economic newsletter:
         
         
         • The Economic Outlook
           Same address and toll -free phone number
         
         
       • America in Depression, The Coming Economic Collapse by Dr. James R. von Feldt & Ronald S. von Feldt.  Order From:
         
         The American Freedom Network
         P.O. Box 430
         Johnstown, CO 80534
         Toll Free: 1-800-205-6245
       
       
   16. Newsletters Recommended.  Call/Write for Subscription(s):
       
       Richard Maybury's U.S. & World,Early Warning Report
       By Henry-Madison Research
       P.O. Box 1616-Q
       Rocklin, CA 95677
       Toll Free: 1-800-509-5400
       
       The Wall Street Underground
       1129 E. Cliff Road
       Burnsville, MN 55337
       1-800-290-9953
       
       Strategic Investment
       By Agora, Inc.
       1217 St. Paul St.
       Baltimore, MD 21202
       (410) 234-0691
       
       The McAlvaney Intelligence Advisor
       P.O. Box 84904
       Phoenix, AZ 85071
       Toll Free: 1-800-525-9556 (ask for MIA subscription desk)
       
       The Reaper
       R.E. McMaster, Jr. Editor
       P.O. Box 84901
       Phoenix, AZ 85071
       Toll Free: 1-800-528-0559
       
       The Economic Outlook
       P.O. Box 1
       Wetmore, Colorado 81253-0001
       Toll Free: 1-800-323-3523
       
       Hope For The World Update
       P.O. Box 899
       Noblesville, Indiana 46061-0899
       FAX: 317-576-1053   Credit Card Holders: 317-290-4673
       
       Last Days Journal
       816 Easely St. #411
       Silver Sprint, MD 20910
       Send $20 for one year (12 issues). Check/Money Order
       
       

   Question: Why is Gold so low when currently a large new demand for gold exists in Jewelry, electronics products, and other items needing gold?  For example, Pakistan, India, China, South Korea, and other Asian coun- tries are moving to gold possession in jewelry as their currencies weaken. Because, central banks have secretly been, for over ten years, loaning gold to investors at 81% lease rate. Investors sell the gold to market, gambling that gold with drop even further. And, with the gold going down, they buy it back at a lower price. Then, the investors replace the gold they bought with cheaper gold and make a hugh profit with the lower price gold recently purchased from the central banks. What this all does is drive the price of gold further down as the central banks "sell" it off. They are not dumb!  They know what they are doing: causing gold to drop in value and price before the big gold panic of 1998 strikes and they can make a killing too. Now, here's the difficulty: The gold lease rate is the highest it has ever been in history! What does this mean?  Simply, the worlds central bankers know that a gold panic is imminent.  And what does a gold panic mean; it means that world currencies may devalue even more as gold skyrockets in price--that's what it means.  Because there'll be a rush to gold. And here's the reasons why: When the least rates go up, it means lower profits for gold borrowers. With the gold lease rates at 81%, less gold can afford to be borrowed, except by the very, very wealthy, and then sold to market.  By this very action, less gold is available to the market.  Yet, the demand is up. Therefore, those who need the gold for exacting electronic parts, such as computer circuit boards, embedded chips, or other industrial buyers of gold for necklesses and jewelry, cause the price to go up since they have to have it inorder to stay in business. With the supply down--mining companies are not producing as much for one; and it is a very tedious process to mind gold, then the price of gold rises since the damand is very high now. Gold investors knowing this (knowing that gold must rise in price soon, are literally pushed into this market climate to buy now, before the gold price shoots through the ceiling; or they will be buying high and selling it back high and making little or no profit.  Simply put: They must replace the borrowed gold now before the gold market price skyrockets. You have three things working to drive the price of gold up: Rising Lease Rates Increasing Consummer Demand Gold Investors Needing Gold Question: What is inflation? The government says we have no inflation, however, they now use a different definition than they once did. Everyone thinks inflation is "rising prices." That is a symptom of inflation. Here's how it works: Once, in America--around the 1800s, everyone, and in the world knew that inflation was the printing of more money. Yes, that's right, more dollars, more Deutchmarks, pounds, Yen, you name it. An increase in the money units of exchange meant and was defined as inflation. However, as times changed in the world, so did the definition of inflation, but the actual facts events didn't. That is, when governments print more money, the value of that money goes down. And when the value of that money goes down, prices must go up in order to com- pensate for the drop in the value of money. Simply put: In order to get the same value of money that is now worth less, you must charge more to get more dollars to equal what less dollars once had in buying power. We export our inflation abroad. We also hide it in the Consumer Price Index. This is a means by which the U.S. attempts to quantify the prices consumers pay for things. Are they going up...or down...or holding? That is always the question. By now, if you have been reading these pages and subscribing to the newsletters we recommend, you know that the average citizen is paying too much for stocks. That's right! The stocks are inflated! Also, more than ever in the history of the U.S. stock market, over 74% of Americans are invested there. They have their savings, their retirements, their schemes, etc. They are even borrowing on their credit cards to invest in mutual funds. WOW!  A plan for disaster. And the American citizen has the highest bankruptcy rate ever. But...and here's the rub... the CPI does not include the price of stocks! Get it! Practically all America is invested in stocks and mutual funds. They are overpriced. Yet, Mr. & Mrs. U.S.A do not realize they are in an inflationary economy because of the CPI and the way our government does the tally. Fractional Demoninational Gold Pieces: There are four characteristics of money: It must be divisible. It must have high value in relation to its volume and weight. There must be recognizability, and ... It must have transportability. What money may lack for in recognizability, it is readily made up for in demand. Gold satisfies all these requirements.  For portability, we recommend fractional gold pieces, especially for barter on small items but larger than that for which you would barter for with your silver.  Follow the advice given above for gold and silver purchases, but also get 1/4 ounce gold coins, non-bullion, such as the $5 dollar American gold piece. However, this piece cost around $128 per coin.  Earlier mintages cost approximately $163 per coin. We thus recommend the non-bullion Argentina coin, containing 1/4 ounce gold, same as the U. S. five-dollar gold coin, but cost only $90 per coin. You can get these from Investment Rarieties, Inc. Ask for Ellen Petty--1-800-328-1860. Get as many as you can afford. You will need this fractional denomination when things heat up. You don't want to be flashing $20 U.S Gold Pieces, such as Augustus Saint Guadens or Liberties. Deflation "To avoid outright economic collapse-Asian governments are devaluing currencies. Currency devaluation is a hidden form of hyper-inflation--the last desperate act before outright economic collapse.  How do you protect yourself from currency devaluation? Gold & Silver." --The Economic Outlook; Vol. 7. #1. January 1998. IMF "By the IMF's [International Monetary Fun] own documentation, the international banking community is trying to create a new global currency that will be backed by gold valued at between $3,000 to $5,000 per ounce." --The Economic Outlook; Vol. 7. #1. January 1998. Notice: "The idea that the Mexican loans went well is a myth.The press bally- hooed that Mexico repaid the money the U.S. loaned them.  In reality Mexico simply borrowed more money from the IMF, to pay back the U. S. Now Mexico owes far more money -- 2 1/2 times as much -- and is in worse shape than ever. "Korean problems are not limited to the peninsula. 70% of Korea's foreign debt is held by Japan. As bad as Korea's problems are, Japan's are far worse. Japan is cash-starved. A Korean default would lead to a Japanese crisis, the likes of which the wold has not experienced."-- The Wall Street Underground, January, 1998; Vol. 3. No.9. Just Out: "Korea has defaulted." -- The Wall Street Underground, January, 1998; Vol. 3. No.9. Call 612-890-3553 for subscription But the press has not mentioned this or very little about it. What this means to the U. S. is that Japan will soon have to have cash, and lots of it. They will call in their loans to the U.S. That is, they will have to dump the U. S. Securities they are now holding. Look for this in the not too distant future. When this happens, a Total Collapse is looming around the corner for America. Y2K "In a recent survey, 38% of bank executives indicated they were planning to withdraw their money from all banks prior to New Year's Eve in 1999.  What are bankers investing in?  Precious metals!    Collector coins!" --The Economic Outlook; Vol. 7. #1. January 1998. Visit our Y2K Page What Devaluing The Currency Means Thailand, Indonesia, Taipan, South Korea, Greece, Brazil, Russia, and as of this writing tonight (01/12/98), our sources say China is considering to, or will devalue their currency. When the above countries devalue their currencies, this makes their goods cheaper in the U.S. and Europe. This means goods and raw products cost less with devalued currency to manufacture, and you pay cheaper wages. You devalue a currency by having the central banks print more money, make notations in bank entries, computer blips on a screen, and half a dozen or more ways to create more money. When you have more money, you have inflated the currency. Now, the glut of cheaper goods flowing into the U.S. will create severe competition for U.S. manufacturers.  These firms will storm Washington, D.C. They will scream three things: You levy trade restrictions, which Washington won't do; or, Devalue the dollar to raise prices of imported goods. When you devalue the dollar, you (the Federal Reserve, which is our Central Bank) injects more money into the system. More money means prices rise. This means more money in circulation to buy more goods, means goods go up in price. But, if the market crashes, you have bank runs, which implies you must inflate (print more money) currency, but the U.S Bureau of Engraving and Printing can't do it fast enough because of physical limitations. That's the way the system is set up. In other words, most "curren- cy" is in the form of checks, CDs, computer blips, etc. The Feds can't cover all this with real money. ...and what do you want in Bank Runs? Physical cash, you know, that stuff that is green with some old dead president's picture or statesmen on it; and copper clad coins. Do the above, or expect huge layoffs and unemployment. Are you prepared for whatever they do?   Do you have food-storage; Gold and Silver Coins; Cash on hand; and copper-clad coins? See more on this site for how to survive in good shape for The Coming Chastise- ment.

   
   

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