Gold - Confiscation of Middle Class Wealth?

February 21, 2013

gold6.jpg



Do you think the New World Order
will allow you to keep that much money
 outside their system?  Of course not.







by Thom Beecham

(henrymakow.com)

Beecham is a self-employed investor and trader with 17 years trading and investing experience.

This is addressed to those shills and "experts" screaming about $3,000 gold and $150 silver...

Do you think the New World Order will allow you to keep that much money outside their system?  Of course not.  It seems apparent that both metals were purposely driven up to unsustainable heights, and are being methodically beaten down in an orchestrated plan, so that we do not look to them as a barometer of financial decay. The NWO needs total obedience to their beast system and all major nations are in on it.

So stop listening to the people shilling gold and especially silver. First of all, silver is not the monetary metal it is claimed to be as 90% is used for industrial off take. Most buyers of silver are now heavily underwater. Gold is the true monetary metal of kings and nations. If you want to own precious metals, then buy gold in bullion form. I recommend accumulating gold over time as it is much less volatile and offers better price protection than silver.

However, the globalists will make it so unbearable for most precious metal (PM) investors that they will regret ever buying any.  Sadly, Joe six-pack makes the mistake of choosing silver. He is inexperienced and is easily duped by the compromised patriot community. The only things he gets are capital losses and heartache.

THE FIX

There is a powerful hand guiding all the major financial markets -equities, sovereign debt, commodities, and currencies. There are hundreds of billions of dollars a day trading hands. The gold market is miniscule in comparison and the silver market is even much smaller than gold. Very little metal changes hands at any given time and even less is needed to dump the price. If the US Federal Reserve can manage the entire US Treasury yield curve, I think managing the precious metal market is a lay-up.

Early this past Sunday morning, I noticed that a collapse in gold and silver was in the works. There was a wall of sell orders at $1,650, right around the release of Thursday's US unemployment numbers. The wall was huge - indicating official-sponsored activity. Once the $1632 support was taken out I fully hedged my physical gold and silver with several front month futures contracts. I still have them in place as of this writing.

Do not forget this -all G20 nations want a low gold price, although their reasons may differ. Why would anyone think China and Russia want expensive gold prices? They want it as inexpensive as possible, just like the Anglo-American establishment. China has gone on record indicating they, too, manipulate the price of gold to their advantage. They enjoy it when COMEX is manipulated.

Many large nations are now developing ETFs like GLD, so they can use their storage vaults like fractional reserve accounts and spill the gold and silver onto the markets at key times. India is raising import taxes on gold and creating paper equivalents. When gold prices plummet overnight it's because gold is being dumped in Shanghai, Sydney, Singapore, and Hong Kong.

With their syndicate of interlocking boards of directors, the NWO also controls the major mining companies, where profit is secondary to managing the gold price. If the large bullion banks need gold and silver they contract out with their partners in price suppression - corporations like Barrick, Goldcorp, and Newmont.

Shorting gold and silver during the weekly US unemployment claims numbers is like printing money. In fact, the collusion to manipulate prices by the large bullion banks was exposed by a couple of whistle blowers a few years ago. One of them indicated the banks were using the weekly unemployment numbers release as the trigger.

These banks know we are stupid, because they still do it. Look at the price movement of gold and silver at 8:30AM every Thursday morning.  Perhaps the 2/21 release will provide a respite since long PM holders already got taken out to the woodshed over the past week and the short-term selling pressure has been alleviated.

Russia and China are in on it, and are controlled by the Luciferian illuminists. I make many of my long-term investment decisions based on the findings of objective, washed, and knowledgeable people like Henry Makow, Al Martin, and Joel Skousen.  Mr. Makow's writings show just how compromised and in-sync most world rulers are and how they are carrying out an agenda according to a pre-planned script. Most nations are now nothing but fronts for the banking elite and provide cover to their activities. They are essentially contrived and opposing dialectical forces.

Short of a nuclear takeout of Washington DC, which would theoretically allow the US Treasury to declare a force majeure, everything pushing gold higher, like China's accumulation, is already priced in.

GOLD SHILLS

 I go to the websites like King World News, Goldseek, and Gold Anti-Trust Action Committee (GATA), and they shill the same crap day in and day out, discussing numbers like $10,000 gold and $300 silver. These guests manage billions and do a terrible disservice to readers who need to have tempered expectations.  It would be great if these numbers were attained, but I am not banking on anything more than the highs already achieved.

I even wonder who some of these "broken record" precious metal reporters are really working for. Regardless, they are useful to the elite, so that Joe six-pack patriots are the last ones holding the bag and have big losses on their positions. The elite are using people like Alex Jones, Lindsey Williams, etc, to keep the naive patriots from making any money and being broke when the end of the line finally does come. I even came across a YouTube video of William Cooper discussing the time Mr. Williams hinted he helps his fellow Masons. Yes, it could be a lie, but the bottom line is that guys like Alex Jones, Ted Anderson, and Mr. Williams are not your friends.

In this end time age of universal deception very few people are your friends. I cannot even count on family members like I used to. They are too contaminated by the TV and this world to see the truth. If you cannot learn to think for yourself financially you will forever be a debt slave to the NWO.

About the Author:

Beecham has an undergrad background in Math and Economics, with an MBA in Economics and Finance. He worked and lived in Manhattan for about 14 years. His last job was with Nasdaq in New York, and what he uncovered there was sobering. He personally witnessed the Trade Center collapse and lost several friends that day. However, he was still thoroughly unwashed, and his awakening did not occur for another couple years.  He is in his mid-40's, reads the Bible daily, and regards it as the best psychology textbook ever written.

--
Related - The August Report - Why is Gold Tanking?

--------A Word About Gold from a Freemason source in 2008-

"In case you bought gold to ensure your savings, be careful because the same Freemason friend of mine told me gold is just another scam to liquidate middle class wealth. The gold price will raise for a while and when enough middle class people in the West have put enough money in it, you-know-who will crash its price in order to destroy the money trapped in it.  My friend told me it could happen this year but anyway during the coming two or max. three years. I don`t know if this is true, but as I myself have bought some gold, I am prepared to react quickly."

Makow Comment:  The US debt is the money supply. It will never be paid back and never has to be. Gold rises when debt becomes an issue and falls when it isn't. Basically it is a barometer of fear. In the context of the worldwide "currency wars"(massive money printing), it should have been rising, like oil. Instead it has been falling, a sign that it is fixed or driven by psychological factors.

Afterthought by Thom Beecham

The problem is that most people have a preconceived notion of what they think is right. Thus they follow websites that conflate with their subjective opinion.
For instance, many in the "truth" movement - whatever that means - believe the economy will collapse tomorrow. thus they visit websites that conform to this subjective view, no matter how flawed their understanding is.

They visit sites like Infowars.com, zerohedge.com, etc. to get reaffirmation of their static worldview, and will hold gold all the way down, convinced they are right. It's like trying to convince a democrat that being a republican is the way to go. Anything you say to the will cause "backfire."

By the way, Zerohedge.com is a stopped clock. Twice a day it is correct. Anyway, who really writes for it? They don't let us know who Tyler Durden is. I noticed a gradual degradation of the quality of its articles over the past few years. It now sounds like the controlled patriot stuff now with some obscure, esoteric terms thrown in to keep you reading
In trading and investing this is the most important rule:

The price of the asset is correct and the trend, based on news flow, determines where it should go.

I see gold and silver. The news could not be more bullish, yet the trend is clearly down. I can talk about how gold never goes to zero and sit on my hands - similar to a wilfully ignorant fool whistling past the graveyard - or I can lock in profit. Notice I never said to sell your gold, but gold is traded like a commodity and one can hedge at a certain price level. All I did is say that there is clearly more downside to come. I won't cough up any gold, but will lock in a price level with futures contracts.

If the news becomes any less bullish, look out below. Why did gold drop so much the past several days? Technicals were breaking down and the USFed came out on Wednesday throwing only a little water on the fire. That shows you that there are many people wanting to throw in the towel on gold and silver. Shorts (people who bet on price drops) jump on board and ride it down.

Only the foolish person doesn't heed the warning of the most important rule in trading and investing. Any guy can say my gold is worth so much, etc. But that silly mindset is like trying to convince a house seller that his house is only worth $250k when he has it listed for $400k.

I see the trend in gold and silver long term from 2002 and say that the buyers back then knew this was going to happen and bought in anticipation. I bought all mine in 2005 right after Katrina. I knew these things were about to happen, while most of you were flipping real estate. I sold six rentals between August and November 2005, and parked it in metals. Learn to listen. Greenspan and Bernanke were talking on Capitol Hill about how the USFed didn't cause the bubble, but they were going to pop it. Remember how rates were being raised. Bush, Jr. said it would take about 1 trillion to fix the damage from Katrina and Rita. I knew from watching Oil Storm a couple weeks prior that Katrina was man-made, and the next step to bankrupt USA, Inc. was underway.

I am up an awful lot. I can sell to you, but I won't. I will lock in some paper profit for now. The smart people were buying back then in anticipation of what was to come. I knew as soon as gold broke $450 resistance it was time to buy with both hands. Now for many it's time to reap their reward. Gold and silver could go up much more, but this wash out needs to happen. After reading the posts here I know there is more downside to come. People are just too bullish.

First Comment from Abe in East LA-

As a long time (decade plus) investor in gold and silver, I find much of value in this article and would like to caution against an overly
defensive reaction to news we don't like. The metals were at historic lows in the 90's and were a good investment then. They aren't now, but
may be once again in the future. Timing the markets, any markets, never wins because it reduces investment to gambling, and gambler's
always lose their shirts no matter how lucky in the short term. The only way it isn't gambling is if one bets with the confidence afforded
by inside info - and last I checked only criminals, politicians, and wealthy (but I repeat myself) have such info. I didn't invest in the
metals early because I was a genius, it was just the good luck of a bad situation - I was too broke to get into the "respectable"
investments with their attendant complexity and brokerage fees. Gold and silver coins were basically extensions of the old "lotto
scratchers, antiques, guns, and collectible plates" investing most poor Americans do.

I just want to emphasize that we invest to cover our future needs, not our present wants. Getting rich by fancying yourself smarter than
generational satanists who've managed to get the entire world bound up in a web of usurious debt slavery is a tall order. Also, getting rich
in and of itself is a want and not a need. What we all need are food, shelter, family, and faith (or some form of moral compass). I am
currently looking at some cheaply priced rural land that I can do low-water agriculture on. True wealth comes from SOCIAL capital, not
fiat or commodities. The two are flipsides of the same materialist coin.

Buy small patch of cheap land outside of the cities, learn low intensity farming, start a family, join a meetup group and make
friends, share your hobbies and talents with one another, take up a new language and get some craftsman skills under your belt. It's lots
of fun and a much surer way of securing yourself a profitable future than trying to out wait the prince of this world with a box of coins
and some guns.

Below are a few rational looks at the gold price.

http://www.24hgold.com/english/news-gold-silver-silver-and-gold-continue-to-bleed.aspx?article=4255044254G10020

http://seekingalpha.com/article/1076101-where-the-relationship-between-gold-and-oil-works-and-where-it-does-not

(the second above article is important because everyday the still young shale extraction and fracking industries are adding more and
more oil, natural gas, and cheap sources of conventional energy to our economy on a truly amazing scale.)

These are, as far as I can tell, objective websites that neither have a stake in selling you metals nor in promoting stocks and bonds or the
status-quo. I apologize for ranting at length but hope this helps at least a few folks out there.

Comments for "Gold - Confiscation of Middle Class Wealth? "

Chris (April 3/13) said (April 3, 2013):

If Joel Skousen is correct, this financial Ponzi scheme can be perpetuated for at least another 3-4 years, and war will be averted until the end of the decade. I agree. With tightfisted control of the media, the globalists can keep it going a long time. Why is this? As long as the people willingly participate in the financial system, regardless of how dis-functional it is, it can last a lot longer than we think. And the people are dis-functional. The globalists know this, too.

When the US Fed was formed back in 1913 many thought it would collapse back then. We have had a dis-functional system for 100 years. The system is as dis-functional as its participants are.

Regardless, this will be long enough to destroy a lot of remaining wealth the naive patriots have left. This is why I am so firmly of the conviction that a lot of the "patriot" media is compromised. I see the postings of the people that visit these sites and it is clear that there is a lot of disinfo and ignorance.

Silver just made another new low overnight with a 26 handle. The buyers of silver do not understand that the globalists can drop the price to at least 20. The primary consumers are the corporations. They don't speculate in its price and will wait for delivery. We know who owns the corporations, especially the mining companies.

As bad as gold is performing it is still much better than silver. If one is to get money out of the system, he should gradually buy gold, forget silver, and somehow hedge it, so that if and when the globalists collapse the price or confiscate it, he has not lost money.

For the remnant these are very sobering times.


Paul said (February 23, 2013):

Thom Beecham’s article made me check my motives for investing in PM’s. And yes, if you buy silver at $25 and it goes to $30 you make a profit.

Same feeling when stocks go up.
And yes, it is a way for the ‘elite’ to rob the wealth of the poor investors, again, like they did with so many things.

Gold and silver is no more than any other investment, a subject to the banksters play, the derivatives play etc.
In the end, the sideline ‘investor’ will end up empty handed. For that I do really agree with Thom’s storytelling.

But, there is one other thing that we should not forget. We count in dollars that the same banksters issue.
The value of gold and silver is timeless, just as the value of food, shelter, labor etc.
PM’s could also be valued in one days work, two days work etc.

I invest in PM’s to preserve that value.
Not to be rich in the monopoly money from the banksters.

If I keep the dollar value instead of gold and silver in a bank account, how much purchasing power will there be left in 10 or 20 years?
How much protection would a dollar account offer me if the financial system collapses? Zero.

Thom’s article is based on past experiences (very good indeed) and the assumption that everything will go on like it did for the last 100 years or so. Now that’s what the banksters want us to believe.


Robert said (February 22, 2013):

"In this end time age of universal deception very few people are your friends. I cannot even count on family members like I used to."

Good point. Thom Beecham is certainly right.
Months ago Mike Stathis tried to warn naive "patriots" that they would waste their life savings. I believe that these texts are still worth reading. Stathis says that gold&silver are pushed by financial celebrities working for gold&silver dealers and that we should not
fear dollar hyperinflation since US dollar is backed by Saudi oil.

Stathis dares to speak the Truth.

http://www.veteranstoday.com/2011/06/18/understanding-the-proper-use-of-gold-and-silver/

http://www.veteranstoday.com/2011/12/20/debunking-the-myth-that-china-is-selling-u-s-treasury-securities/

http://www.veteranstoday.com/2012/06/25/golden-dreams-and-delusions/


Peter said (February 22, 2013):

Gold Gold Gold!

How readily we display the collective outpouring of fruit from the programming that's been given to us.

The only real currency is food.

How often do people the world over visit Chinese take away stores and swap promissory notes of rumoured cash value for Real Currency in warm
containers and plastic spoons.

This realization will become ever more forcefully realized as the scarcity of food becomes ever more severe.

Eventually people will be unwilling to swap food even for Gold

That's why the Banksters are busier than ever right now manipulating the future price of food on a planet wide scale they know where the
real "Gold" is at

The gold price is one significant layer of the spectacle of smoke and mirrors used to ensure our ongoing compliance with their Diabolical plan.

In living memory only China has the collective recollection of the famine induced deaths of hundreds of millions of people but MARK MY
WORDS those days will come again to all nations and much sooner than you think.


Thomas said (February 22, 2013):

Mr. Beecham does not give us a safe alternative means of storing accumulated wealth. It might be true that precious metals are not the complete answer but what is? Once you’ve procured food, water, arms and such, where do you store any remaining wealth? Paper money is subject to inflation to the point of worthlessness as in the Weimar Republic. Digital wealth can be erased in an instant. Gold and silver will retain some value well into the future in my humble opinion. “Everything in moderation” and “don’t put all your eggs in one basket” sound quaint but should not be ignored.

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Makow comment: Real estate? They're not making anymore land.



E said (February 22, 2013):

God created the entire planet for humans to live fruitfully in, & consume (Genesis 1 & 2). The Powers-That-Be are not Gods, nor is their FALSE God Lucifer, Satan. Today these greedy psychopaths have invented enough technology to manipulate God's natural creation through fake foods, unnatural disasters, & even a diversity of different fake money; such as digital or paper Gold & Silver.

Physical Gold & Silver have stood the test of time since ancient Babylon, & it is still highly desirable & valuable today. Go to any country in the world, & they will gladly barter with your Gold. In Germany 1917, Gold was worth 2 Marks an ounce, & by 1923 it was worth in the TRILLIONS of Marks due to Hyperinflation. Reports of people holding 1 ounce of Gold managed to buy an entire block of buildings down town! The same scenario applied to Silver.

Youtube Rothschild's gold vault; clearly he is obsessed with PHYSICAL GOLD, & not the paper Gold he invented for you! All the major nations of the world, The IMF, & even smaller countries are racing to increase their PHYSICAL Gold supply, NOT paper! Even in the Protocols of The Elders of Zion they repeatedly boasted how they love Gold! Conclusion: If you deal with Satan, you will reap the whirlwind. But if you appreciate & consume God's gifts wisely, you will always reap fruitfully.

Gold & Silver is God's gift for humanity to barter with; so it is no surprise why Satan's children love it so much, & have done everything to deceive the masses into their fake money system which has enslaved humanity. Buy PHYSICAL Gold, & damage their monopoly!


Tony said (February 22, 2013):

I have done very well purely based on doing the opposite of what the "experts" tell me to do, especially if they earn their living from the Rothschild bankster casino.

So based on Thom's recommendations I think I will buy some physical gold & especially silver. Thank you, George Costanza! (Seinfeld) LOL

PS- I do not believe even one person was prosecuted during the 1933 gold confiscation. Those gullible. Sheeple turned in their gold because of patriotic duty, I am certain they would have regretted it, as they sold @ $20/Oz and then the government revalued gold at nearly $40/Oz for a loss of 50% to the average sucker. people are smarter today & Is anyone patriotic anymore? Doubtful.


Joe said (February 22, 2013):

Google : " Boris Borisov The American Famine"

It's a good idea to stock up on food and other essentials now before the SHTF. Food shipments into urban/suburban areas
can easily be blocked, either by the government, or by random groups of criminals. So can food shipments to rural supermarkets.

The Communists in the Soviet Union used food as a weapon. So did the Nazis and the Fascists. Food coupons were based on one's service to the state. If one didn't wish to serve -- no food.

Uncle Sam confiscated gold back in 1933. I don't see anything stopping Uncle Sam from doing it again. I imagine Uncle Sam could do the same with silver as well.

I'm not an expert on gold and silver. I just know food can be used as a weapon. That's based on historical fact. Please prepare.


Thom said (February 21, 2013):


Can you please tell Thom that in the history of the world, gold has never defaulted.

Also, if you go out on the streets and show the masses a gold coin (or silver for that matter) ...no one knows the spot price...some dont recognize what it is...and most wont want it.

The joke and the 'hoodwinking' isnt the 1-3% of Gold/Silver hoarders...its those grazing, gadget loving, zombified, credit card-money loving SHEEP...the easy prey!

Gold and Silver was made by the Universe...it was made by God, not by men - 'printing' it off in epic proportions.

G-man (Tom, go and read ZeroHedge...not AJ)


Matt said (February 21, 2013):

There's a long history of Gold and silver usage for hard currency. Even in Rome and further back. The U.S. had to stop using silver in its money (1964) because it was getting too expensive to keep the price in check.

Many passages in the Bible give reverence to gold and silver. The metals were valuable then, they are valuable now, they will always be valuable. Traditionally, silver has been valued at approximately 1/16 of gold. Today it is roughly 1/50. Sure, of course, that can change. But silver will still be valuable.

And a huge factor Thom so conveniently overlooked. He correctly states silver is mostly used in industry (although is 90% number is exaggerated). But industry CONSUMES the metal. Most will never make it back into circulation. Almost all the gold ever mined is sitting in vaults and safes or around Mr T's neck. Once mined Gold never disappears.

Both metals will hold their purchasing power through tough times. They will go to infinity in terms of paper dollars. Fluctuations in the interim can make you lose your stomach... but if you have the metal in hand it matters not what the paper prices say.


Dan said (February 21, 2013):

Gold Bug Spray:

The precedent: Newly elected Franklin Roosevelt confiscated all gold coin, bullion, and gold certificates by Presidential Executive Order 6102.
The order targeted individuals. The order was signed on April 5th, 1933, and gave people till April 28th to turn in their gold coin, bullion, or certificates at a Fed Reserve member bank.

The banks in turn paid the bearer that day's value in paper currency. Violation of the order carried a ten thousand dollar fine and up to ten years in Federal prison.

In 1933 inflation wasn't the problem. Paper money was scarce, so cash was 'king'. It was a buyer's market. An investor could convert the cash for gold to real estate.

Today the situation isn't like that. Inflation has appeared to increase at unprecedented rate, but that's the effect of dollar shrinkage - it accelerates loss of buying power which is what inflation means. So cash for gold today is problem.

Cash is losing value, and investors haven't had a sure place to put it to guarantee holding the value of their investment. Now they're happy to get "zero-based interest rates" which means they just break even.


Henry Makow received his Ph.D. in English Literature from the University of Toronto in 1982. He welcomes your comments at