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June 2014 Economic Rant -Roger Mason


We sent out a special bulletin weeks ago warning the price of silver and gold could fall in the very short term. After that bulletin three important things have happened...1) the HUI made a new three month low. That isn't good obviously. 2) the open interest (number futures positions) in gold and silver commodity futures has gone up even more. This bodes badly for prices. 3) The CME lowered the margins for silver and gold. Anytime they change the margins (up or down) you can bet the prices will fall. On May 27 all this came true. Gold fell $26, silver 37 cents, and the HUI 8 points.

In the special bulletin we sent out it was obvious metal prices were on the way down. On Friday the 30th things got even worse. Gold closed at $1,246 and silver at $18.65. The open interest (OI) on gold is falling, but is rising on silver. It makes no sense for the OI in gold to fall and silver to rise. It's not rational. High open interest is bad for us, and portends lower prices. 374,000 total contracts for gold and 158,000 for silver. For the COT report (the commercials) their net short silver position was reduced by 3,000 contracts, and gold fell an amazing 32,000 contracts!!! Silver is now 14,000 net short, but gold down to only 79,000. This is good news for us. Soon, the commercials will join us on the long side, after they accumulate all the physical gold and silver they can. Remember it is the Big Banks (commercials) who control the metal prices with massive short futures positions.

Buying cheap silver (and gold) today is like being offered discount lifeboats on the Titanic before it sunk. This is where we separate the men from the boys and the women from the girls. BE A SILVER STACKER. Silver under $19 is really a rare opportunity to stack silver. LOOK AT THE FUNDAMENTALS. Look at the Long Road, the Big Picture and not the short term prices. The dollar is being hyperinflated into oblivion, and no currency on earth has any intrinsic value. Only gold and silver are real money, and silver is five times better than gold. If you can see this country is falling apart at the seams, the dollar is green toilet paper, the stock market is a house of cards, real estate is collapsing, hyperinflation is taking off, real unemployment is over 23%, then you know silver is your only financial savior.

If you read anything about the "Operation American Spring" movement to "take back our country" please AVOID it. This is just a hoax to lure sincere patriots.

New Jersey just passed a bill banning any gun magazine over 10 bullets. They already had a law banning magazines with more than 15 bullets. Do you see how all guns will be banned? Step by step by step.... Now hundreds of thousands of people in New Jersey will refuse to hand over their magazines (or sell them) and will become felons overnight. Step by step by step... First the ammo will go. Then semi-automatic rifles, which the media keeps calling "assault weapons". They are not fully automatic, and are not assault weapons.  Then all guns will be banned and we'll live in a totalitarian police state Marxist communist paradise. 80 million American gun owners are the ONLY thing that is keeping what little freedoms we have left.


This is the stock market adjusted for inflation over the last 94 years. Do you see any profit there? Do you see a "historical high" of 16,700 this month? Of course not after you adjust for real world inflation. Thanks to Mark Lundeen for this fine chart. Investing in stocks for the last 80 years would result in no profit at all.

 

Socialism and big government destroys your life in a million different small (and large) ways. It is control for the sake of control, not for any valid purpose at all. Want one reason your standard of living is going to hell? Almost everyone in America has an auto air conditioner and a home air conditioner. Until 1993 you could buy Freon R-12, R-22 and R-500 in any Sam's Club for a few dollars a pound. These three refrigerants were safe, cheap, effective, and were used for decades. Well, the EPA made up a ridiculous fantasy that they were destroying the ozone layer in the stratosphere. Patently ridiculous and totally untrue. So, all three are now banned and we must substitute expensive, less efficient blends.

You can no longer vent these into the air, and must bring an expensive, complex reclaim machine to the job. $30,000 fine and loss of the tech's license if he does! The Freon is then recycled- which is ridiculous. The HVAC tech has to be certified, and you cannot buy Freon (except little cans in the auto supply store) unless you have an EPA 608 Certification card. Now a separate permit is needed just to replace your old, worn out unit. All this DOUBLES THE PRICE of having air conditioning. People who use heat pumps are even more hurt by this. R-12, R-22, and R-500 should have never been banned, or controlled, or anything else. The ozone layer has not changed, and manmade refrigerants could never affect it. All this insanity lowers your standard of living. This is only one of a million examples of how Big Government ruins your life. You had no say in the matter and can do nothing to stop it. EPA bureaucrats are ruining your life. We should do away with the EPA entirely as they have wasted your tax dollar and lowered your standard of living for 44 years (1970 under Republican Nixon). Liberalism wins again!!! More proof there is only one Republicrat party in America. No different that Cuba, China or North Korea. Freon is just one of countless examples of how our lives are being ruined while we have no voice in the matter.


The 35 minute Doug Casey video, The Worst is Yet to Come was mentioned weeks ago but you had to sign up thru Casey Research to get it. Just Google "Doug Casey, The Worst is Yet to Come" and you'll find it free on youtube. This is well worth listening to. Take 35 minutes out of your life to listen to him. Doug is an eloquent libertarian, but he is really not one of us. He has hated silver for years and his stock picks are dismal. He's a multimillionaire, but charges for everything, an endless desire for more money.

 

Real unemployment is about 23% today in America.


 

Real unemployment is about 23%. The Big Government lie is 7%.

 There are over 7 billion people on this earth. For over three years now only one of themhas been telling you Hillary is dying of cancer(s), and cannot run for president. Meanwhile all the Ready for Hillary and Defeat Hillary scams are in full force. Finally the mainstream media is admitting Hillary is dying. Fox News, Karl Rove, and many others are saying she has terminal health issues at 68 and simply cannot run. In 2002 the Atlantic magazine had an article showing that hiding serious health issues for presidents is an American tradition. We never mentioned Hillary’s serious concussion in December 2012 from the plane crash. She spent 30 days in the hospital. She now wears special glasses to correct double vision from brain damage. SHE CANNOT RUN IN 2016 BECAUSE SHE IS DYING. Get that straight. The Democrats have no one to run. The Republicans have no one to run but Jeb Bush at this point. It doesn't matter which neocon Republicrat wins. Different puppet, same puppet masters behind the scene. Same one party system you see in China, Cuba, and North Korea. Pretending to choose Tweedle Dum or Tweedle Dee. She looks horrible at 68 even after her major face lift (the media never reported) over six years ago. Oriental facial diagnosis tells you she is terminal. Her hideously swollen legs (she has to wear pant suits) are another clue. The extreme stress and junk food diet have been killing her for decades. You don't need to be psychic to see all these facts.



LOOK AT THIS 46 YEAR SILVER BEARS CHART

Here is the Silver Bears chart for the fourth time.


BLACK is where we are now. You can see this three year bear market is almost over as proven by history. Thanks to Casey Research for this gem. This is the eighth long bear market is the last 46 years. History does repeat.

It is very important you listen to this 20 seconds of Obama speaking recently. Copy and paste this to listen to 20 seconds of Obama bragging about the New World Order;

www.godlikeproductions.com/forum1/message2551202/pg1

 

"And for the international order that we have worked for generations to build. Ordinary men and women are too small minded to govern their own affairs. The order and progress can only come when individuals surrender their rights to an all powerful sovereign."

 

The Obama administration has found a new way to stop gun sales- end all credit, including loans, credit card sales, and anything else to do with bank finance. Every day the government is doing all they can to end gun ownership. Join the Gun Owners of America at www.gunowners.org. If you are an NRA member, please cancel your membership. The sold out decades ago.


Here is a six month chart of Whole Foods (WFM) falling off a cliff. From 58 to 38 in less than 180 days. They are the world leader for natural foods with 360 stores in America and the U.K. One of countless examples of the Much Greater Depression.

Billionaire chocolate King Petro Poroshenko is just another Zionist One Worlder Neocon. His real name is Valtzman. He took the name of his mother to hide the fact he is Jewish. How many men have you ever met in your life who took their mothers last name? His Prime Minister "Yat" Yatsenyuk is also a Zionist. Don't forget Jewish Bolshevik Vitali Klitschko. These people are not "pro-West" at all. They are pro-One World Order. Why doesn't the mainstream media, Wikipedia and other news sources admit these "leaders" are just Jewish Zionists? Jews are less than 1% of Ukraine, so why do they have both a Jewish president and prime minister, plus countless other leaders? Ukaine is the home of such Marxist terrorists as Leon Trotsky, Mila Kunis, and Golda Meir. Remember that the Jewish Bolsheviks murdered 10 million Ukranian men, women, and children in 1932 by starving them to death after stealing their crops. Ukranians are poor, uneducated, and have never prospered. Now they have really sealed their fate. What happens with Russia and Ukraine is simply none of our business. And if we try to mind their business for them, we'll find both Russian and Chinese nuclear missiles raining down on us. Russia has already promised to, "reduce us to nuclear ash" on their government TV if we interfere in their affairs.

Last week, the House rushed through the so-called USA FREEDOM Act (HR 3361). This Obama-brokered, 46-page version, has language so vague it can be interpreted to PRESERVE bulk collection of our private data. Bills like this pass every week and the public never even hears about them.

Toll Brothers is one of the three largest home builders in the world. Their recent annual report looks fine- on the surface. Their stock chart tells a different story. This is how Corporate America and the media lie to the sheeple. When you take a closer look at Toll Brothers it is actually a fine short sale consideration. Why? Toll’s debt load during what was supposedly a "blow out" quarter ballooned up over 10% from $3 billion to $3.3 billion from the previous quarter. More shocking was the 73% plunge in cash from the previous quarter, from $1.1 billion to $351 billion. And inventory bubbled up by 25% from last quarter. 1) Their debt is way up, 2) their cash has all but disappeared, 3) they are up to their eyeballs in unsold (and unsellable) homes. This company is rotten to the core, like the rest of the homebuilders. They keep building homes no one is buying, and borrowing money from the banks they can never repay.  This six month chart shows a fall from $39.50 to $35.50 in less than 60 days.


Now look at Beazer homes... $25.50 to $19.50 in less than 120 days.


 

We could go on and on with a long list of major homebuilders, but you get the point. They are deeply in debt, have massive unsellable inventory, but keep building like there is no tomorrow. There is no housing "recovery". The average home that sold for $225,000 at the peak in 2005 will sell for $100,000- on a good day- before 2020.

For 164 years now as goes California, so goes the nation. That's a fact. No one hates guns more than California. Even Hawaii, Illinois, New York and other gun hating states come in second after the Left Coast. They have basically banned semi-autos and do register all guns.  They have moved to regulate ammunition. Soon you will only buy ammo in person, and with a bullet permit from the government. They have just established a $24 million program to send SWAT teams to people's homes to confiscate their guns.  They are using ridiculous micro-stamping and pushing gun-insurance requirements as a mechanism for banning all guns and ammo for the public.

First, gun control made people less safe. California, which has the strictest gun laws in the nation, has a gun-homicide rate that is 70 times higher than Utah’s -- the state the  Brady Campaign listed as having the least gun control in the nation.  So, people are actually much safer in Utah, where guns are more easily available! Let's say that again- the Peoples Republic of California per capita gun homicide rate is SEVENTY TIMES higher than Utah- which has the least restrictive gun laws in the country. SEVENTY TIMES!!!! How much more proof do you need that gun laws create crime and disarm law abiding citizens.

Disease is basically due to low immunity, poor diet and lifestyle, not a deficiency of vaccine. The mainstream media loudly announced a "measles epidemic". Of course, the entire point of this non-existent epidemic was to get people to take measles vaccine. Well, this epidemic was less than 1 in 1 million people! And half of this was confined to a small Amish community in Ohio. Have you noticed every drugstore and grocery store(!!!) now offers various vaccines cheaply? How about the whooping cough (pertussis) "epidemic"? Again, less than 1 in 1 million Americans. The media is still pushing vaccine for whooping cough. Shingles only affects 1 in 300 Americans, but a vaccine is being pushed for that. Now even your family dog is required to get various vaccines like rabies, parvovirus, hepatitis, and distemper. The ASPCA is behind a lot of this.

At the 2012 TED Conference Bill Gate inadvertently admitted he was using vaccines to reduce the world population, not to "help" people. Google, "Bill Gates advocates vaccines for global population reduction". You'll find the actual video where he says that.

Notice when Gates and his friends go to Third World countries they immediately vaccinate the children instead of feeding them or putting clothes on their backs? They aren't suffering from vaccine deficiency for God's sake. Vaccines do not work, are not proven at all, are dangerous, and are not understood at all. AVOID THEM. Do not let your children get vaccinations for anything.


Remember just three months ago we told you the Tesla electric golf cart (you can't call this a real car) was scam promoted by criminals? We suggested a short sale. Here's what happened since then. It fell from $260 to $180, and recovered to $210. $100,000 for a nice golf cart. Elon Musk, the CEO, is looking more like Senile in Omaha Buffett than a "prophetic genius".  You will see this company go bankrupt. Take that to the bank.

Menachim Begin was Prime Minister of Israel from 1977 to 1983. He was a terrorist leader of the infamous Irgun mob and Stern gang and killed many British and Arab soliders and civilians. He bombed the King David Hotel. He is one of the most famous and influential people in Jewish history. They hold up murderers as heroes. This is what he had to say about 99.8% (Jews are only 0.2% of the world population) of the people on this planet:

"Our race is the Master Race. We are divine gods on this planet. We are as different from the inferior races as they are from insects. In fact, compared to our race, other races are beasts and animals, cattle (goyim) at best. Other races are considered as human excrement. Our destiny is to rule over the inferior races. Our earthly kingdom will be ruled by our leaders with a rod of iron. The masses will lick our feet, and serve us as our slaves."

Does this look like a "divine god" to you, or an ugly, terminally nerdy, hideously psychopathic murdering scumbag with bad teeth?


WANT TO SEE SOMETHING SCAREY?

GASOLINE CONSUMPTION IS DOWN 75% SINCE 1985


 

We only use a quarter of the gasoline we used a mere 15 years ago.

Let's talk about derivatives. We really cannot define what they are, and they have never existed on the face of the earth until very recently. There are 20 times more derivatives than the entire world GNP. TWENTY TIMES. 2,000%. When, not if, these go south the entire world economy goes with them. Even Senile in Omaha Buffett said, "derivatives are economic weapons of mass destruction" in a rare moment of sanity and honesty.  Prep in every practical way you can. Walk around the house and make a master list of everything you use and need on a daily basis. Common sense tells you to be prepared. Nothing good is ahead of us. Just be prepared. If you live in a city or crowded suburb then move! The more rural you are, the safer and more secure you are. Farmers will thrive during the Much Greater Depression. Be prepared.

The World Bank just issued an official report that food prices worldwide are skyrocketing. They warn of more food riots. There have already been 51 food riots in 37 different countries in the last 8 years!!! Grains, especially wheat and corn, have had the highest increases. Food prices are going to keep skyrocketing for a lot of reasons. Food shortages will get much, much worse very soon. America had the least expensive food and the greatest selection of food in the world by far. All that is over. Stock up on brown rice and dried beans in airtight containers. It just gets worse from here.


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