Sierra Madre Precious Metals

October 11, 2019 – It amuses me whenever I hear President Trump and his fellow Republicans excoriating Democrats Bernie Sanders, Elizabeth Warren, Alexandria Ocasio-Cortez, and other leftists for being socialists. After all, let’s not forget that Trump and Republicans, along with their Democratic cohorts, are fierce advocates of America’s premier socialist program, Social Security.

Contrary to popular opinion, especially among seniors, Social Security is not a retirement program. No one “contributes” into a Social Security retirement fund, which then earns interest, and then is later available during one’s retirement years. Moreover, there are no individual lockboxes at Fort Knox with each person’s name on them containing his Social Security “contributions.” Continue reading →

From atop the flawed foundation of the Labor Theory of Value, Karl Marx made a series of predictions about capitalism that time has proven incorrect. Among these are the immiseration of the masses due to capital accumulation, chronic overproduction, capitalist-driven imperialism, and the inevitable rise of monopolies. Continue reading →

About once a year we will return to a series of posts from the past – most – if not all of them will come back to haunt us once more. BEWARE of the repetition of history. ~ Ed.

Glass-Steagall Essential Banking Regulation
The central struggle since the inception of the Republic has been about the control of money. Since the U.S. Constitution clearly defines coinage, the objective of the mercantile elite was to circumvent the law and establish a National Bank. Woe to any defender of President Andrew Jackson for abolishing the Second Bank of the United States and rendering the Bankster Nicholas Biddle to his ignominious place in hell. This victory for the common man was ultimately betrayed when the Federal Reserve Central Bank was instituted with all the ills of fractional reserve banking… (Continue to full article)

The Federal Reserve Cartel – The Eight Families who own the USA
Companies under Rockefeller control include Exxon Mobil, Chevron Texaco, BP Amoco, Marathon Oil, Freeport McMoran, Quaker Oats, ASARCO, United, Delta, Northwest, ITT, International Harvester, Xerox, Boeing, Westinghouse, Hewlett-Packard, Honeywell, International Paper, Pfizer, Motorola, Monsanto, Union Carbide and General Foods… (Continue to full article)

Wall Street Red Flag: A Bond Market Indicator That Has Predicted Every Recession In The Last 50 Years Just Got Triggered
If the bond market is correct, the U.S. economy is definitely heading into a recession. Over the past 50 years, there have been six previous occasions when the yield on three-month Treasury bonds has risen above the yield on ten-year Treasury bonds, and in each of those instances a recession has followed. Now it has happened again, and this comes at a time when a whole host of other economic indicators are screaming that a recession is coming… (Continue to full article)

Beware: The Ide(a)s of ‘Rare Coin’ Dealers
If you are not familiar with gold and silver or the so-called ‘Rare Coin‘ market (which is loosely aligned with it), nor some of the reasons why these goods are sought after all over the world, then this column will have little meaning to you, however it is our intent to educate you as to the pitfalls of what some call, ‘the Industry‘.

If you have been considering so-called ‘RARE’ numismatic coins as your main source of ‘holding‘ – then think again… What follows is an expose’ of the Pirates of the precious-metals underworld and how you can truly protect your ass-ets – from them!…. (Continue to full article)

President Kennedy, the Federal Reserve and Executive Order 11110
On June 4, 1963, a little known attempt was made to strip the Federal Reserve Bank of its power to loan money to the government at interest. On that day President John F. Kennedy signed Executive Order No. 11110 that returned to the U.S. government the power to issue currency, without going through the Federal Reserve. Mr. Kennedy’s order gave the Treasury the power “to issue silver certificates against any silver bullion, silver, or standard silver dollars in the Treasury.” This meant that for every ounce of silver in the U.S. Treasury’s vault, the government could introduce new money into circulation. In all, Kennedy brought nearly $4.3 billion in U.S. notes into circulation… (Continue to full article)

GOLD: A Valuable Thing to Store
There is great confusion regarding the value of gold through time, not because gold has changed but because everything else has. There is a market for gold all over the world… the stability of gold’s value through time is in contrast with the stability of government promises, especially concerning the stability of the national currency unit… Politicians lie. Gold muddles through. Central bankers make grandiose promises. Gold muddles through… (Continue to full article)

[Got physical… close at hand?]

Let’s do something about that…

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