As U.S. bank failures are DOUBLING, loan and mortgage defaults are SOARING, bank revenues are FALLING, credit card payments has fallen behind more now than at any other time in our history, their stocks are CRASHING.  and now, TRILLIONS of dollars‑worth of investments that Warren Buffet calls "financial weapons of mass destruction" are poised to explode in bankers' faces!"

ESSENTIAL URGENT SELF-DEFENSE:  In my opinion we MUST IMMEDIATELY insulate what's left of our STOCKS, our  SAVINGS and our RETIREMENT from the coming bank , real estate and money failure epidemic.

So we can as a people survive the financial shock waves of terror which will accelerate bank and American dollar failures that will be felt around the world.

The terrorist economy is the most cataclysmic destruction of personal wealth in our lifetimes‑ the greatest banking panic in over 70 years‑has ALREADY BEGUN:

J.P. Morgan Chase's stock has plunged from $39.68 a share to a recent low of $15.26 per share. Precisely 61.5% of the bank's market value‑$48 billion‑was wiped out. That's more than the total market value of Wachovia Bank ...and more than the combined total losses investors suffered in the bankruptcy of Adelphia Communications, Kmart, and Polaroid!

All in one bank! All in just 139 days!

Hard to believe, isn't it? J.P. Morgan Chase ‑ the second‑largest bank in the United States ... with $742 billion in total assets ... 900 branches ... over 30 million retail customers! And there it was, losing nearly two‑thirds of its total market value in less than five months!

But J.P. Morgan Chase is only the tip of the banking iceberg. From the beginning of this century to the most recent bough, Morgan Stanley lost a staggering 52% of its total market value ‑or $34 billion ... FleetBoston lost 53°/r and has just been  was brought up by off shore interest Bank of America, or $20 billion ... and Citigroup shares fell 53%, for a $132 billion loss.

All told, the shares of the 100 largest banks in America lost a whopping $215 billion in total market value!

The first cracks are already appearing in the banking establishment. Outright bank FAILURES DOUBLED since 2002. Hamilton Bank, NextBank N.A., Connecticut Bank of Commerce, Oakwood Deposit Bank Company, Bank of Alamo and many others went down in flames with more than $2 billion in deposits.

And get this: A large chunk of those deposits were NOT insured by the FDIC! When the Connecticut Bank of Commerce failed in June 2002, for example, a whopping 25% of the deposits were uninsured. Depositors - most of whom never dreamed they'd be broken by a bank panic-lost MILLIONS!

This is the prelude to a great American banking crash. And the crisis is accelerating. Nearly every major U.S. bank is facing severe revenue losses. Many - including the three largest banks in America are holding EXTREMELY risky real paper and other risky investments in their portfolios.

Mark my words: In the months ahead, you are going to see at least one big-name bank hit the chopping block. And when that happens, you're going to see widespread panic among savers and investors from coast to coast.

Hundreds of marginal banks will be pushed to the brink of failure. Uninsured deposits in failing banks will be rendered virtually worthless. Even insured depositors may suffer serious inconveniences including temporary loss of immediate access to their money.

I predict that many real estate lenders such as giant Countrywide will fail without mayor bailouts. The shockwaves of countrywide and other less than prime real estate mortgage lenders will slam into Wall Street like a giant tidal wave. Bank stocks will be hammered to a pulp. Other financial stocks, such as Fannie Mae, Freddie Mac, insur­ance stocks and brokerage stocks, will get creamed. And when this panic fully grips the banking sector, it's going to take the rest of the stock market and the banks and the dollar down with it. The dollar is already at its lowest value since its inception. The terrorist know what’s happening and they are doing everything they can to help make it happen and happen sooner rather than later.

The terrorist system operates outside of our system. They conduct business with a hard to trace hand shake. Little or no money or paper trial. Our countries investigators FBI, ICE, CIA, IRS, DEA, Secret Service and others are all trained to fellow the paper and/or the money trial. The problem with that is the terrorist is not using FRNS or checks drawn on regular bank accounts, Very little bank and wire transfers to follow. The terrorist are minting their own gold coins and using gold Dinars to transact business. The Islamic GOLD Dinar its now believed and suggested by most radical Islamic clergy that all trading partners in the Islamic world should all use the gold Dinar. This appears to be politically motivated, as one of its main aims appears to be to reduce the dependence of the Islamic world on the US (satin’s) dollar and to further reduce its value on a global scale. It may also be intended to attack the value of the dollar by means of Islamic nations and their people, selling dollars and switching into gold Dinars. Malaysia has stated openly it hopes that other non-Muslim countries would also use the gold Dinar, although this may have been to deflect any criticism of the scheme as a closed-shop Muslims only, anti-western club.

What dollars are generated by the terrorist activities are immediately exchanged for gold. Which can be used as money most places in the world. Which is very difficult to trace. And they never pay taxes.

I know the Dow has already lost all of its gains of 2006 and in the 2nd quarter of 2007 and the NASDAQ a staggering 75°/r of its value. But the Dow and NASDAQ has lost all of its gains so far for 2006  ‑and the average blue chip stock's valuation of 28 times earnings is still 75% HIGHER than the historical average!

As investors begin to realize just how much trouble the financial sector is in ... as the number of failed banks continues to rise ... and especially when a big‑name bank bites the dust, what little is left of investor confi­dence will be SHATTERED. Mil­lions will stampede for the stock market exits. And the stock market will collapse like the feeble house of cards that it truly is.

When that happens, stunned inves­tors will lose yet ANOTHER 50°k ... 75%0 ... even 90% of their money. Millions of dollars more in retirement nest eggs will be wiped out. Baby boomers will be lift holding an empty bag.

Mark my words ...Unless you take action NOW, YOU WILL be one of the victims!

A failure at your bank‑ or your insurance company ‑ could lock you OUT of your savings accounts until regulators sort things out. And of course, every UNINSURED dollar you have on deposit would be in grave danger of being vaporized.

But this great American banking and monetary disaster threatens much more than just your savings. Even though your bank may survive, this crisis puts the value of EVERYTHING YOU OWN at risk. Your house, stocks, your bonds. And all  your real estate. Including your annuities and your retirement. Maybe even your paycheck.

If the Great Bank rush of 1932 taught us anything, it's this: When major U.S. banks hit the skids, the economic house of cards comes tumbling down. The last vestiges of faith in the stability of the U.S. economy ... the dollar ... and every asset you own are threatened.

At a time like that, Gold and silver is king. Millions of families will dump everything in a last, desperate attempt to get their hands on gold and silver. Nearly every other store of value gets hammered into the ground. And anyone clinging to paper assets or real estate during the panic risks financial ruin.

We must heed this warning and take a few simple steps to get our money to safety, so we can weather the coming storm with our wealth‑and income ‑ intact.

More than that, we together can USE this looming crisis to double, triple, even QUADRUPLE our MONEY.

This can help to make SURE we’re NEVER locked away from our money ‑ not even for one second -  no matter HOW bad things get.

What I’ve been doing for years is helping to find money, help grow it and help to protect it.

In short my strategies will help us protect every dollar we own by exchanges for silver dollars, while we pile up truly exciting profits.

Your getting the advance warning ... the strategies ... and the practical tools designed to help us all emerge from the crisis of the terrorist economy not only un­scathed‑but wealthier than we thought possible.

These are not investments they are strategies designed to guard our savings ... our assets ... our retirement‑and also help us to pile up profits in silver.

Massive loan losses are hitting U.S. banks like a ton of bricks!

America's banks are now being plagued by the highest percentage of bad loans in more than a decade:

J.P Morgan Chase, the nation's largest corporate lender, recently announced that its losses from bad loans quadrupled in a single quarter ‑rocketing up from $302 million in the second quarter of 2002 to $1.4 billion in the third quarter of 2002!

In the third quarter of last year, Citibank saw its bad loans jump from $5.2 billion to a staggering $8.4 billion. That's up 60% from the same period in 2001.

Fleet NB's bad loans surged by 33%r to $3.1 billion ... Bank One suffered a whopping 89% increase in bad loans to $2.5 billion ... Deutsche Bank‑up 75% to $1.6 billion!

Believe it or not, in just the first three months of 2003, bad loans cost U.S. banks an astounding 522.6 billion ‑more than they lost in all of 1999. Meanwhile, the firm, Weiss Ratings, the nation's leading independent provider of ratings and analysis, re­ports that the number of bank loans likely to go into default shot up to $68.9 billion on September 30, 2002.

Why are the banks getting smacked so hard? Because they've been at the epicenter of nearly every major eco­nomic catastrophe of the last few years.

In 2002, U.S. banks were hammered by FIVE of the 10 largest corporate bankruptcies in U.S. history!

When the tech bubble burst ... when the telecom bubble exploded ... and when a wave of bankruptcies swept through major U.S. firms, U.S. banks were left holding the bag for billions of dollars worth of loans that may NEVER be paid back:

Enron, worldcom, Global Crossing, the fifth‑largest bankruptcy in U.S. history, still owes U.S. banks and others more than $12.4 billion.

Banks are still holding the bag for the huge unpaid debts at Kmart, Budget Group, GenTek, Kaiser Aluminum Corp, McLeod USA, Metromedia, US Airways, Williams Communications, NTL‑ all companies that filed for Chapter 11 in 2002.

In telecom, cable and energy, Bank of America, J.P Morgan Chase and 11 other major U.S. banks will be forced to write off $4.9 billion in bad loans.

In the wake of Kmart's bankruptcy, J.P. Morgan Chase has taken a $117.8 million loss; FleetBoston Financial a $ 119.9 million loss. Martha Stewart stock has plummeted since her conviction and will have far reaching negative losses for many of Martha’s suppliers, vendors and retailers.

And don't forget Enron! J.P. Mor­gan Chase has had to write off $450 million of its $2.6 billion loan to Enron ‑with more giant write‑offs to come.

And even after those spectacular failures, the banks are still on the hook for TRILLIONS of dollars worth of loans to corporations and real estate lenders ‑many of which are struggling just to survive.

Right now, U.S. companies are reeling from a staggering debt load that now totals S4.9 trillion, or 57.1 % of corporate net worth.

Think about what that means: More than half of all shareholder wealth is in stock!

In fact, total private debt in this country is nearly TWICE the gross domestic product (GDP). It's never NEVER ‑been this bad before!

Heck, even in 1974. before the second‑worst recession and bear market of the 20th century, the total debt burden (public and private) was still considerably LESS than GDP In 1974, there was less than $1.00 in private debt for each dollar of GDP. Today, it's over $2.00!

That would be bad enough‑but many major companies are also losing money like crazy. Where are they going to get the money to meet their debt obligations? Who in their right mind would dare loan these dying companies more money?

No wonder huge companies are going broke left and right! Just look at today's headlines: American Airlines, US Air, United and HealthSouth were in the process of going under. My research shows that Gateway, Earthlink, Lucent Technologies, Nortel Networks, Rite Aid, Sprint PCS and many others are at high risk for bankruptcy, too.

Plus ...

Qwest Communications is struggling under $22 BILLION of debt ‑ more than THREE TIMES the company's total market value!

Meanwhile, Qwest is losing money hand over fist: It posted a massive $35.9 BILLION LOSS last year alone! At that rate it will be IMPOSSIBLE for the company to repay what it owes the banks!

Sprint PCS is laboring under a massive $16 billion debt load more than FOUR TIMES its $4 billion market value ‑and like Qwest, Sprint is posting huge losses.

Corning owes $4.2 billion ­and is losing more than $1.3 bil­lion a year!

Lucent owes more than $3.4 billion and is losing nearly $11.7 BILLION a year!

Nortel Networks owes $4.1 billion ... and has lost more than $30.9 BILLION in 2001 and 2002!

I could go on, and on, and ON. The simple fact is, hundreds of for­merly solid U.S. companies are in similar peril ‑ they can't ever hope to pay back all the debts coming due. And U.S. banks are holding the losing ticket on a massive portion of these liabilities. All of this before the terrorist’s second shoe drops on America.

Normally, you'd expect to see this kind of debt crisis in a deep recession. But the U.S. economy is NOT yet in a deep recession but soon will be. Banks will be absolutely buried under an ava­lanche of bad paper. Bank

Banks are now holding TRILLIONS OF DOLLARS worth of the high‑risk investments Warren Buffet just called "financial Weapons of Mass Destruction"

In a greed‑induced effort to pad their profits, U.S. banks have made trillions of dollars worth of highly leveraged, highly‑complex, and highly‑dangerous bets with other financial institutions.

These bets ‑ which bankers prefer to call "investments'‑are known as derivatives.

Please don't worry if the very term makes your eyes glaze over. You don't have to understand how they work to understand how dangerous they can be.

Many derivatives are investments that were created to help protect against losses. But some of the most aggressive money center banks are also using them as vehicles for specu­lative profits. And because they're so highly leveraged, they expose banks to massive risk of loss.

"High leverage" means that de­rivatives can cost banks many times more than they invest. Whereas even the most disastrous stock trade can only cost a bank 100% of its invested

A losing derivatives trade can cost banks up to 100 times the amount invested.

That's just one reason Warren Buffet recently called derivatives "financial weapons of mass destruction." There are more:

1. Because of the leverage involved. even a small move in the financial markets can create hundreds of billions of dollars in losses.

2. U.S. banks now hold an almost unbelievable $53 TRILLION in derivatives - that's an amount equal to FIVE TIMES this nation's entire gross domestic product!

3. The LARGEST banks in the U.S. are taking the BIGGEST derivatives risks of all. A staggering 96% of the derivatives are held by just SEVEN of America's biggest banks: J. P.  Morgan Chase, Bank of America, Citibank, Wachovia, Wells Fargo, Bank One and HSBC.

4. And get this: The three LARGEST banks in America actually have MORE dollars at risk in derivatives than they have in capital (after adjusting for some risk factors)! Bank of America has 194% more derivatives risk than capital ... Citibank has 197% more ... and J.P. Morgan Chase has a shocking 628% more.

That's enough derivatives exposure to nearly WIPE OUT America's largest banks! In fact. a meager 16% loss on these investments is all it would take to completely wipe Out J.P. Morgan Chase's risk-based capital!

Problem: Even in boom times, those derivative investments can quickly turn into spectacular losses. In times like these, the risk is even greater.

Some classic examples:

* Barings Bank, a 223-year-old pillar of British banking: It was obliterated and driven out of business by a series of poor derivative investments that resulted in losses of more than $1.3 billion.

Orange County California, one of America's wealthiest counties:

It lost $1.7 billion thanks to poor derivatives investments by the county treasurer. Though Merrill Lynch.

Enron: The accounting scandals got all the press. But it was primarily Enron's losses in derivatives that brought the company down.

Long Term Capital Management (LCTM), an offshore hedge fund: When Russia defaulted on tens of billions of dollars worth of its bonds, LCTM was suddenly unable to meet billions of dollars worth of financial obligations to big U.S. banks and other parties. In fact, the derivatives losses from just this one fund were so great they threatened the global financial system!

Union Bank of Switzerland was also hammered by the Russian default to the tune of $240 million. Chase Manhattan lost $160 million. Deutsche Bank lost $700 million. And Credit Lyonnais lost a whopping $2 billion.

Virtually nobody else is telling you what's really going on here. Nobody else is offering you a way to insulate your money. And NOBODY is offering you an arsenal of investment weapons that will SOAR in value as these failures pound stocks into the ground.

The Consumer Credit Real Estate Bubble is about to burst!

The amount of money American households owe on credit cards and other debts is truly obscene‑and growing more ridiculous with each passing month. More Americans are now unable to pay their credit card debt than ever before.

Altogether, households owe a mind‑boggling   $7.7 TRILLION about $74,047 for every American household. Think of it: The average American household brings in about $42,000 per year, but owes a mind blowing $74,047 in debt!

Credit card debt is the most dangerous of all. When the homeowner defaults on their mortgage and will at an all time record, the bank gets the house. But when cardholders go bankrupt, banks rarely recover even a penny of that debt. Reason: Every penny is unsecured!

And right now, with unemployment skyrocketing. Americans are going bankrupt in record numbers. Just in the past year, 1,465,027 families filed for bankruptcy ‑ the highest number EVER. And worst of all, this disturbing trend appears to be accelerating. Americans have little or no savings.

This is an absolute nightmare for banks. Its a razor‑sharp dagger at their throats. And the banks are already beginning to bleed. More Americans are delinquent on credit card payments than at any other time in U.S. history. Outright defaults on credit card debt soared to nearly 8% in 2002 ... and are expected to soar even higher in the next few years.

And that's even BEFORE a significant decline in the economy! Imagine the tidal wave of losses that will hit the banks as the economy continues to deteriorate!

Bank Revenues Are Already Falling off a CLIFF!

The deadly one‑two‑three punch of 1) corporate loan defaults, 2) consumer bankruptcies and credit card defaults and 3) massive investment losses have already begun to slash bank and financial firm revenues:

• Bank of America's revenues declined by 13% in 2002.

• J.P. Morgan's revenues declined 14% in 2002.

• Fleet NB's revenues fell 14%.

• World Savings Bank FIB reported a 16% decline in revenues.

• Keybank NA posted a 17% decline in revenues.

• Bank of New York's revenues contracted by 19%.

Don't believe a bank panic has begun? Ask someone who used to WORK for one!

Massive layoffs are the fifth RED ALERT of banking troubles ahead. It means that bank managers themselves are finally recognizing the decline is not a flash in the pan. It is fundamental, long term and spreading rapidly. That's why.

• J.P. Morgan Chase has announced it's laying off 4,000 employees, on top of the 10,000 that were laid off after the merger with Chase Manhattan in 2000. Between these two rounds of layoffs alone, a whopping 25% of its employees have been sent packing.

• Credit Suisse First Boston announced that it is laying off 7,500 employees, or roughly 7% of its global workforce, in an effort to lower its costs.

Goldman Sachs Group plans on cutting about 10% of its investment banking division on top of the 2,800 jobs it axed in the past 12 months.

Providian Financial is cutting 27% of its workforce, or 2,600 employees.

Lloyds TSB, Wachovia Bank, A.G. Edwards, John Hancock Financial, Morgan Stanley Dean Witter, State Street, Dresdner Bank, Commerzbank, Lehman Brothers, Credit Lyonnais and UBS Warburg are all announcing cutbacks.

In the past 18 months, the industry has eliminated more than 54,000 jobs in the U.S., and that excludes the thousands of job cuts that banking officials have announced but have not yet implemented.

Lasalle Bank's revenues plunged 59%.

These irresponsible bankers are now facing the bloodiest CRASH in more than 70 Years!

Could ANYTHING keep this banking panic from accelerating? I don't think so. The economy would have to miraculously surge back to life ... consumers would have to suddenly decide to start buying like crazy ... corporations would have to spend billions on new equipment and hire new employees… and investors would have to throw what's left of their money back into the stock market.

And even if all that happened right now‑today‑the damage that has already been done to U.S. banks would take months to heal.

In short, it would take a miracle make that a whole raft of miracles to stop this crisis. And unfortunately, there just aren't any on the horizon. On the contrary: Every piece of economic data I examine is screaming, "More trouble ahead!"

Remember: Today's crash in bank stocks and last years DOUBLING of bank failures occurred in an economy that was still growing, albeit slowly. And unless I miss my guess, it will CONTINUE TO ACCELERATE even without a major downturn or a triggered terrorist event.

But any hiccup ... any darkening of the economic picture ... will send corporate failures skyrocketing and will slam banks with an even MORE devastating tidal wave of loan failures‑driving what little is left of investor confidence into the ground.

Listen‑there's a limit to how much investors can take: An invisible psychological barrier that, once violated, can never be restored. Already this generation's trust in Wall Street has taken a series of blows that will be difficult to heal.

But as this banking crisis accelerates in 2007 and 2008, what's left of investor confidence is going to vanish. And you're going to see the same kind of carnage our parents saw following the Great Crash of 1929.

You saw what happened in 2002 as revelations of accounting frauds at Enron, Xerox, Qwest, WorldCom and other firms hit the headlines: The average NYSE stock plummeted 32% in the first ten months of 2003!

More importantly, millions of disillusioned investors simply took what was left of their money and went home. It will be a cold day in hell when they trust Wall Street again, or are tempted to throw good money after bad in stocks. Many of them couldn't even do it if they wanted to. Their life savings are gone, their homes endanger, their retirement nest eggs in ruins gas at all time highs.

Others are still just clenching their teeth and holding on for dear life‑ hoping, praying for a miracle that will raise their decimated stocks from the dead. The worst of all scenarios is here now the dollar is at its lowest value and inflation is getting ready to rear its hugely head.

But the ranks of these die‑hard optimists are thinning. And each new revelation of earnings fraud, corporate chicanery and brokerage corruption will drive many more away from Wall Street.

Private investors are already using short-term rallies to dump their stocks -thus killing every new rally and leaving the market at new lows.

Mutual funds have been caught cheating there stock holders and mutual fund investors are beginning to yank their money out too ... stock mutual funds reported net redemptions of $28 billion in 2002 and outflows continued in 2003 and are continuing in 2004,2005 and 2006 at an alarming rate.

Worst of all, foreign money-the money that boosted the American economy and markets throughout the 1990s - is now beginning to flee from our shores. Europeans and Japanese who used to see the U.S. as their model, mentor and safe haven are pulling out too.

This is an extremely dangerous situation: Foreign investors mostly China have nearly $3 trillion in the U.S. If they pull out just 10% of that money, the Dow could tumble hundreds of points each day. We know, because that's exactly what happened in the two greatest crashes of the 20th century in the crash of '29 and then AGAIN in the crash of ' 87!

Now, with a major banking and paper money crisis about to hit the headlines, the other shoe is about to drop - HARD.

Terrorist attacks in Europe and then here at home mark my words it is the terrorist intentions to not only kill Americans abroad and at home but to kill America’s allies and any American sympathizers: And with that destroy the worlds economy. Shortly after that starts happening you will start to see corporations start defaulting in mass ... when derivatives plays begin blowing up ... when just ONE large bank nears failure, investors will be terrified and you're going to see the Dow crash to 5000 and probably lower. The Nasdaq will be crushed to 800.

Don't get fooled by the rallies!

Sure - you're going to see explosive. short-term stock market rallies from time to time. They're to be expected in a giant bear market like this one. Unfortunately, though, these surges do more harm than good they lure desperately optimistic investors back into stocks, only to eviscerate them -time and again. Remember there can not be any lasting recovery with out jobs and so far in 2004 there very few and nowhere near the current administrations projections.

There have ALREADY been many major rallies in the Dow and the NASDAQ.  Each time, millions of investors became convinced that the bear market was over. And each time, the rally proved to be a cruel hoax-a TRAP that slammed those investors for more big losses!

The simple truth is, the bear market CANNOT end ... the next bull market CANNOT begin ... until there are no more major terrorist attacks or even threats of attacks here at home or other hidden shocks waiting to ambush these rallies and crush them before they can take root.

Right now, there are still far too much government and corporate debt ... still too many yet-to-be-revealed accounting and earnings frauds ... and too many banks and paper money teetering on the edge of disaster except the Federal Reserve Bankers they will survive.

We need to Shield our assets before the coming BANK and paper money failures! And before another large terrorist attack. And before inflation takes hold.

The stock market pain you've suffering right now is only a sneak preview of the troubles to come. Inflation is starting to rear its hugely head. Energy prices are soaring and will cause all products and services to raise. Inflation is the governments best friend. Inflation is like a tax increase and is a windfall to both Government and huge corporations. While the middle class and the poor pay dearly.

Real Estate Bubble:

Yes that is a long process, but the duration and magnitude of the housing bubble (really a credit bubble) is unlike anything the world has ever seen before, and thus very hard to overstate.

Inflation.

Wall Street is declaring inflation dead, the Fed has unleashed torrents of fiat money.

In the chaotic financial world following the horrible terrorist attacks.  The United States Federal Reserve, lapsed into an unmitigated-panic mode following the tragic events of September 11.  As central bankers will be central bankers, the only thing the Fed knows how to do is create money out of nothing and attempt to solve our problems with printing fresh money.  If you are ever curious what response the average central bank will have for any conceivable crisis or situation under the sun, the answer will always be “run the printing presses to provide liquidity”.  To central bankers, this is always the “prudent and necessary” course of action.

It is crucial to understand inflation and money.  Webster’s dictionary defines inflation in two ways.  First, inflation is a “persistent, substantial rise in the general level of prices related to an increase in the volume of money and resulting in the loss of value of currency”. Webster’s second definition of inflation is “the act of inflating”.  Today there is a horrible disservice being rendered to investors worldwide by the shallow financial media when they talk of inflation.  Per popular media propaganda, the widespread definition of inflation today has been truncated to only “a rise in prices”.  The ultimate cause as well as the leading indicator of inflation, central banks ramping up fiat currencies, is totally ignored. 

The official government stats that purport to track inflation, like the CPI, are perpetually and intentionally low-balled to save the government money.  The lower the officially reported inflation rate, the less the government has to pay out in its pension programs and in interest on its debt.  Understating inflation also has the unpleasant side effect of artificially hiding important financial warnings of impending inflation from the marketplace and investors.  Due to these statistical games, most people today blindly believe the popular hype that there is little inflation in the United States.
My definition of inflation is a dreaded monetary disease that will kill our nation costs of goods go up and the dollar goes down. Inflation is often defined as: too much money chasing too few goods. In a word inflation is pure and simple theft of the people. And is a form of embezzlement and legalized counterfeiting. 
Yet, as the premier American English dictionary points out, inflation is not just the results, but the very act of inflating, increasing the money supply. 

Alan Greenspan and his interventionist Fed, continuing their disastrous track record of market manipulation after first fomenting, then nurturing, and finally popping the greatest market bubble in world history, continued to do exactly the wrong thing after the horrible events of September 11.  Greenspan and his gang ran the proverbial printing presses like never before, pumping enough money into the US economy in the first week after the attacks to make banana-republic money debasement schemes look conservative.

If you had told me one month before the attacks that Greenspan, even though he is a world-champion inflationist, would have the sheer audacity to balloon the money supply at an almost 175% annualized rate, I would not have believed it.  Yet, after the attacks, the Fed decided it was prudent to throw the hard lessons of financial history to the winds and literally deluge the US financial system with freshly created fiat money.  It was an extraordinary monetary event.

Inflation is the way to raise taxes without putting it to a vote. The government and the bankers love inflation. Inflation is artificially created by governments  as is the government’s deliberate manipulation of the money supply is all for their benefit but at a great cost to the people. If you don’t believe inflation is here just look at the gas pumps. As energy cost go up everything else goes up. Energy is the engine that’s driving inflation on the surface. 

 When new money is created out of thin air, it eventually has to migrate somewhere.

Fiat money newly created by the Fed, once unleashed in the monetary pipeline, cannot be called back and eventually sloshes into some part of the economy.  Paradoxically, when those funds find their way into certain tangible things, like gold silver or oil or consumer goods, the US government and the Fed cause vast market worries about impending inflation.  On the other hand, if that very same newborn money migrates to the politically-correct investment arenas like tech stocks or residential real estate, the Fed is hailed by Wall Street like a conquering hero. 

As we journey deeper into inflation, please realize our economic growth in the US officially languished near zero and the perma-bulls on Wall Street and the financial media relentlessly pressured Americans to “invest for the long haul” while they lost TRILLIONS of dollars worth of scarce capital, the Fed was inflating at a mind-boggling rate.

In the great Fed Panic of 2001, marked by seven frantic rate cuts for 300 basis points BEFORE the attacks, the Fed breached extreme inflation levels at a 50% annualized rate not once, but twice!

The most astounding feature of the 2001 Fed Panic, however, is that the 10-week moving average of annualized growth hovered around 25% for many weeks in early 2001!  25%!?!  Holy cow!  While the wizards at the Bureau of Labor Statistics kept telling Americans, “No, it is your imagination, prices are not going up and the cost of living is stable.  Trust us.”, the Fed was launching its most aggressive inflationary assault on Americans in decades.  While anyone who feeds a family and lives in the real world feels the painful bite of rising monetary inflation, the low buying power of the failing dollar the government calmly assures Americans that inflation is dead.  What a crock!

Even before the terrorists altered the course of history, the Federal Reserve was obviously deep in panic mode and creating unbacked fiat dollars at banana-republic type inflationary rates that defy rational explanation.


After the 2001 inflationary bubble began to wane in August, 300 tons of jet fuel was mercilessly slammed into the sides of the World Trade Center towers and the whole US financial world literally shut down, digesting the surreal events in stunned silence.

Following the 9/11 message from radical Islam, the Fed ramped the money supply again like it was Armageddon, pumping out FRN’S at a breathtaking 168% annualized growth rate!!  Surely socialist Keynes is rejoicing in his grave.

In actual dollars they grew by $172b between September 10 and September 17.  For any mathematically-challenged central bankers that may be reading this, that is roughly $25b per day, over $1b per HOUR. 

For comparison purposes, realize that the ENTIRE M1 money supply of the United States of America in 1966 was less than $172b.  While it took the US government and eventually the Fed, after it usurped the monetary helm in 1913, almost 200 years to inflate the narrow money supply of the American people to $172b, the Alan Greenspan Fed was so utterly terrified of financial collapse following the WTC collapse that it injected $172b into the US financial system in ONE WEEK!

As we marvel at this enormous inflationary trend the Fed has carelessly embarked upon, the criticism can be advanced that annualizing weekly changes is misleading.  The argument, which is valid, states that outlying data spikes like the shocking 168% annualized increase after the terrorist attacks are leveled out through subsequent lower inflation weeks. 

 

The inflation level recently has blown through the 15% level, dwarfing the  injection of liquidity.

It is certainly hard to reconcile a 15%+ narrow monetary inflation rate, an economy with near zero growth implying the total amount of goods and services we can buy with our money is not expanding, and a suspiciously low official  inflation rate under 3%.  One does not have to be a world-class economist or a market expert to realize something just doesn’t smell right here.  Of course, with the political foxes guarding the US statistical hen house, anything is possible, even stable unemployment through the worst US September in history. And the so-called recovery of 2004 without jobs.

Once again extreme monetary growth does not match the popular market conceptions that inflation is hovering on the edge of extinction. 

If you believe, as we do, that the Fed reacts to every potential crisis by simply turning on the monetary taps, flooding the system with funny money, the slope and magnitude of the 2001 Fed Panic indicates that the US financial system was in horrible shape in 2001 well before the Mohammedan terrorists exported their filthy seventh-century Arabic holy war to America’s shores. 

But, according to Wall Street and the US government, inflation is dead!  (What a joke.)

Only a few investors have taken the time to dig into the Federal Reserve monetary data and realize a the unbelievable monetary event have occurred.   

Today, very few market participants, big or small, are paying any attention to the extreme Federal Reserve monetary inflation in America.  The displacement of money has already occurred. The raise of oil to $100 a barrel and gas and diesel to 4 and 5 dollars and higher cause all products and services to inflate.

The best that investors can do after this monetary inflation is to try and discern where the inflationary will hit and how to make preparations to both shelter and preserve capital from its impact and profit from its raw force. You can do that with Silver Dollars.

The Fed no doubt hopes that the newly created fiat money will once again stampede into the equity markets, similar to 1999 and 2000.  This takes enormous heat off the Fed and gave Alan Greenspan his small window of opportunity to retire as a loved man like he was as his equity bubble grew rather than the loathed man he has become since his bubble burst.  Some would claim the inflation is already hitting here and causing the massive equity rally we have witnessed since the lows after the attacks.  Maybe they are right, but we really doubt it.

Bear markets in equities are punctuated with the record-setting rallies.  In order to lure-in as many bullish investors as possible to their doom, Witness 1^st quarter 2004 the bear market must allow great hope to build in the midst of its mauling.  The way to accomplish this is through huge rallies, often sparked by short-covering on technically oversold conditions and then continued by die-hard bulls who become convinced we have “Seen THE Bottom” and don’t want to miss the great “bullish” action.  These current mini rallies unfolding in this  “bear market of 1004 is stamped all over it as US equity valuations remain fundamentally grossly overvalued based on the earnings and cashflow they can spin off.

Because equities remain so overvalued and have already fallen so far thus rendering many equity perma-bulls into financial disarray.  Also, with the US dollar languishing under the inflationary and low-interest rate onslaught, we believe foreign investors will increasingly sell their US equity and debt holdings and repatriate their currencies or migrate to other non-dollar currencies in order to avoid the continuing slide of the US dollar.

Where else can the newly born fiat money go?

The bond markets are not a good idea, as the Fed has declared open war on bond investors by pushing real interest rates negative, something we have not seen since the 1970s. The equity markets in the US are in serious trouble and remain way overvalued, and the Fed has killed the incentives for buying bonds.  As  the usual destinations for capital remain on the highly-risky open market place.  Both bonds and stocks hate inflation as it reduces their potential real returns and causes investors to flock to the ultimate inflation refuge of gold and silver.

To the amazement of the throngs of gold bears, gold did not give up its post-attack gains in the weeks following the attacks.  We believe part of the reason this is occurring is the rapidly increasing global investment demand for gold.  Now evidence of that trend prediction Gold is over $500.00 I believe Gold will surpass the $1,000 mark soon. That trend is everywhere, from COMEX trading results to anecdotal reports of legions of Americans buying gold who have never even considered it before.  Foreign investors as well are flocking to the Ancient Metal of Kings, as it has had many millennia of unparalleled success in preserving and enhancing precious and scarce investor capital through inflationary episodes of history. However Gold is for those who can afford it, most Americans cannot, so I believe Silver is the poor mans gold. Just a little bit of FRNS can buy a lot of Silver so America buy Silver Dollars while they are still relatively cheap. If you wait to long Silver will start to cost to much for the average person. Now is the time to make your move.

As the Fed incessantly pours more inflationary jet fuel on the fires of dying US equity bubbles that should simply be left to burn out on their own, the damage to the markets will increase dramatically.  Smart money is already migrating into gold, and silver and the latest inflationary data shows it is well-justified in seeking a tangible hard-asset refuge to weather the coming inflation.

The damage has already started to happen and the monetary displacement  is rapidly hurtling outward ready to slam into the fragile US financial markets.  As the inflation is out of the monetary pipeline and already a done deal, there is no backing out and no way of avoiding the ugly consequences.  The damage the reckless Fed inflation ultimately wreaks on US financial assets could be extraordinary.

According to Jon E. Dougherty in his report dated March 23, 2004 “Is the Government Hiding Real Inflation” pointed out many facts and statistics the government isn't including in its economic and labor reports would, if added in, change our outlook on economic news.

Consider the most recent government economic and labor data: unemployment fell in February to 5.6 percent, the lowest figure since October 2001; the U.S. economy is reportedly growing at a 4 percent annual rate – well above rates just one year ago; analysts say inflation is almost non-existent.

Yet an analysis in the Boston Globe says the rosy economic picture being painted by Washington's agencies, bureaucracies and politicians isn't all it's made out to be. On a personal level, Americans are feeling much more of a pinch than the statistics show.

Medical Care: One area where this is true is in the cost of health care and medical services. Virtually every working American with a health insurance plan has had to pay higher premiums within the past year. According to CNN/Money Magazine, premiums increased 14 percent between 2002 and 2003, the largest increase since 1990. And firms have passed those increases on to employees.

The government's Consumer Price Index (CPI) indeed tracks the cost of medical services. But it doesn't as precisely track who pays for them. While your employer may be shifting more of the cost of premiums or reducing benefits, the shift is indirectly accounted for but only after a lag of about two years, the Globe said.

Of course, the new costs hit consumers immediately. If those rising costs deter employees from seeing a doctor, those costs are not tracked at all.

Housing Costs

In some areas of the country, the cost of housing has been slipping for some years because fewer Americans are moving there. Yet these declines get averaged in with the astronomical cost of housing around major urban and metropolitan areas; in the end, only modest housing cost increases are seen.

Housing costs are skyrocketing, outstripping incomes in places like San Francisco and other big cities. "Try telling a young person in Greater Boston or New York or LA that there's no serious housing inflation or that rents have not increased faster than earnings," said the Globe.

Hidden Inflation

The paper's analysis also said there is an increasing amount of hidden inflation.

For example, older adults are having to subsidize their children longer, for a number of reasons: lower starting salaries, very high rents, the high cost of college tuition and rising heath insurance costs.

Such costs affect the pocketbooks of those who must bear the costs. But those costs don't show up in the government's statistics.

Furthermore, low official rates of inflation also translate into lower savings account interest rates, Treasury securities and other investments made by older and retired Americans. Older people on fixed incomes can often find themselves at the mercy of rising rents, for instance.

Then there is the cost of necessary consumer items regularly purchased, like gasoline. The cost of gas is up dramatically, but those costs don't affect the overall CPI because energy costs are a relatively small portion of average total consumer spending.

If you need your car for your business, though, you can sure feel the pinch. Just ask a trucker who has to pay 60 cents more per gallon of diesel fuel for a 60 gallon tank.

Unemployment

According to the government, the jobless rate is hovering around 5.6 percent—comfortable, and about where it averaged during the boom of the 1990s.

But when you factor in all of the unemployed who have left the job market because they've been unable to find work, the Globe says that figure rises to around 7.7 percent. Authors note: Its my contention it’s closer to 10% when you consider those who never filed at all.

The government also does not take into account much small business activity that could show different unemployment numbers than those officially stated.

One measure of a soft job market is that wages have not kept up with inflation. Last year, the official inflation rate was about 2.3 percent, but average wages only rose 2 percent. In 2004, that figure is likely to be worse, warn analysts.

Taxes

The Bush administration and Republicans like to say the average voter received a tax cut of about $1,000 since 2001. But the real figure is much lower, because the average voter was lumped in with people like Bill Gates.

In many cases the real cut was more like $300—a figure overwhelmed by increases in local property tax increases caused by a drop in federal aid to states and cities.

It’s time the government updated its statistical analyses to:

  Include things like the Household Survey of the job market

  Factor in costs that all Americans bear, like gas prices

  Give fair weight to various tax burdens and housing costs.

This way, the economic reports we get would accurately reflect what’s going on.

.

 

Federal Reserve Act

America was a prosperous, powerful, and growing nation, at peace with its neighbors and the envy of the world. But - in December of 1913, Congress, with many members away for the Christmas holidays, passed what has since been known as the FEDERAL RESERVE ACT. (For the full story of how this infamous legislation was forced through our Congress, read The Creature from Jekyll Island, by G. Edward Griffin or Conquest or Consent, by W. B. Vennard). Omitting the burdensome details, it simply authorized the establishment of a Federal Reserve Corporation, with a Board of Directors (The Federal Reserve Board) to run it, and the United States was divided into 12 Federal Reserve "Districts." Or banks.

This simple, but terrible, law completely removed from Congress the right to "create" money or to have any control over its "creation," and gave that function to the Federal Reserve Corporation. This was done with appropriate fanfare and propaganda that this would "remove money from politics" (they didn't say "and therefore from the people's control") and prevent "Boom and Bust" from hurting our citizens. The people were not told then, and most still do not know today, that the Federal Reserve Corporation is a private corporation controlled by bankers and therefore is operated for the financial gain of the bankers over the people rather than for the good of the people. The word "Federal" was used only to deceive the people.

MORE DISASTROUS THAN PEARL HARBOR
Since that "day of infamy," more disastrous to us than Pearl Harbor, the small group of "privileged" people who lend us "our" money have accrued to themselves all of the profits of printing our money' - and more! Since 1913 they have "created" tens of billions of dollars in money and credit, which, as their own personal property, they then lend to our government and our people at interest. "The rich get richer and the poor get poorer" had become the secret policy of our National Government. An example of the process of "creation" and its conversion to people's "debt" will aid our understanding.

THEY PRINT IT - WE BORROW IT AND PAY THEM INTEREST (as an example)
The Federal Government, having spent more than it has taken from its citizens in taxes, needs, for the sake of illustration, $1,000,000,000. Since it does not have the money, and Congress has given away its authority to "create" it, the Government must go the "creators" for the $1 billion. But, the Federal Reserve, a private corporation, doesn't just give its money away! The Bankers are willing to deliver $1,000,000,000 in money or credit to the Federal Government in exchange for the Government's agreement to pay it back - with interest! So Congress authorizes the Treasury Department to print $1,000,000,000 in U.S. Bonds, which are then delivered to the Federal Reserve Bankers.

The Federal Reserve then pays the cost of printing the $1,000,000,000 (about $1,000) and makes the exchange. The Government then uses the money to pay its obligations. What are the results of this fantastic transaction? Well, $1 billion in Government bills are paid all right, but the Government has now indebted the people to the Bankers for $1 billion on which the people must pay interest! Tens of thousands of such transactions have taken place since 1913 so that by the 1980's, the U.S. Government is indebted. to the Bankers for over $1,000,000,000,000 (trillion) on which the people pay over $100 billion a year in interest alone with no hope of ever paying off the principal. Supposedly our children and following generations will pay forever and forever!

AND THERE'S MORE
You say, "This is terrible!" Yes, it is, but we have shown only part of the sordid story. Under this unholy system, those United States Bonds have now become "assets" of the Banks in the Reserve System which they then use as "reserves" to "create" more "credit" to lend. Current "fractional reserve" requirements allow them to use that $1 billion in bonds to "create" as much as $15 billion in new "credit" to lend to States, Municipalities, to individuals and businesses. Added to the original $1 billion, they could have $16 billion of "created credit" out in loans paying them interest with their only cost being $1,000 for printing the original $1 billion! Since the U.S. Congress has not issued Constitutional money since 1863 (over 100 years), in order for the people to have money to carry on trade and commerce they are forced to borrow the "created credit" of the Monopoly Bankers and pay them usury-interest!

AND THERE'S STILL MORE
In addition to the vast wealth drawn to them through this almost unlimited usury, the Bankers who control the money at the top are able to approve or disapprove large loans to large and successful corporations to the extent that refusal of a loan will bring about a reduction in the price that that Corporation's stock sells for on the market. After depressing the price, the Bankers' agents buy large blocks of the stock, after which the sometimes multi-million dollar loan is approved, the stock rises, and is then sold for a profit. In this manner billions of dollars are made with which to buy more stock. This practice is so refined today that the Federal Reserve Board need only announce to the newspapers an increase or decrease in their "rediscount rate" to send stocks up and down as they wish. Using this method since 1913, the Bankers and their agents have purchased secret or open control of almost every large corporation in America. Using that control, they then force the corporations to borrow huge sums from their banks so that corporation earnings are siphoned off in the form of interest to the banks. This leaves little as actual "profits" which can be paid as dividends and explains why stock prices are often depressed, while the banks reap billions in interest from corporate loans. In effect, the bankers get almost all of the profits, while individual stockholders are left holding the bag.

The millions of working families of America are now indebted to the few thousand Banking Families for twice the assessed value of the entire United States. And these Banking Families obtained that debt against us for the cost of paper, ink, and bookkeeping!

THE INTEREST AMOUNT IS NEVER CREATED
The only way new money (which is not true money, but is "credit" representing a debt), goes into circulation in America is when it is borrowed from Bankers. When the State and people borrow large sums, we seem to prosper. However, the Bankers "create" only the amount of the principal of each loan, never the extra amount needed to pay the interest. Therefore. the new money never equals the new debt added. The amounts needed to pay the interest on loans is not "created," and therefore does not exist!

Under this kind of a system, where new debt always exceeds the new money no matter how much or how little is borrowed, the total debt increasingly outstrips the amount of money available to pay the debt. The people can never, ever get out of debt!

An example will show the viciousness of this usury-debt system with its "built-in" shortage of money.

IF $60,000 IS BORROWED, $255,931.20 MUST BE PAID BACK When a citizen goes to a Banker to borrow $60,000 to purchase a home or a farm, the Bank clerk has the borrower agree to pay back the loan plus interest. At 14% interest for 30 years, the Borrower must agree to pay $710.92 per month for a total of $255,931.20. The clerk then requires the citizen to assign to the Banker the right of ownership of the property if the Borrower does not make the required payments. The Bank clerk then gives the Borrower a $60,000 check or a $60,000 deposit slip crediting the Borrower's checking account with $60,000.

The Borrower then writes checks to the builder, subcontractors, etc., who in turn write checks. $60,000 of new "checkbook" money is thereby added to "money in circulation."

However, and this is the fatal flaw in a usury system, the only new money created and put into circulation is the amount of the loan, $60,000. The money to pay the interest is NOT created, and therefore was NOT added to "money in circulation."

Even so, this Borrower (and those who follow him in ownership of the property) must earn and TAKE OUT OF CIRCULATION $255,931, almost $200,000 MORE than he put IN CIRCULATION when he borrowed the original $60,000! (By the way, it is this interest which cheats all families out of nicer homes. It is not that they can't afford them; it is because the Banker's usury forces them to pay for 4 homes to get one!)

Every new loan puts the same process in operation. Each borrower adds a small sum to the total money supply when he borrows, but the payments on the loan (because of interest) then deduct a much LARGER sum from the total money supply.

There is therefore no way all debtors can pay off the money-lenders. As they pay the principal and interest, the money in circulation disappears. All they can do is struggle against each other, borrowing more and more from the money-lenders each generation. The money-lenders (Bankers), who produce nothing of value, slowly, then more rapidly, gain a death grip on the land, buildings, and present and future earnings of the whole working population.

SMALL LOANS DO THE SAME THING
If you haven't quite grasped the impact of the above, let us consider a small auto loan for 3 years at 18% interest. Step 1: Citizen borrows $5,000 and pays it into circulation (it goes to the dealer, factory, miner, etc.) and signs a note agreeing to pay the Banker $6,500. Step 2: Citizen pays $180 per month of his earnings to the Banker. In 3 years he will take OUT of circulation $1,500 more than he put IN circulation.

Every loan of Banker "created" money (credit) causes the same thing to happen. Since this has happened millions of times since 1913 (and continues today), you can see why America has gone from a prosperous, debt-free nation to a debt-ridden nation where practically every home, farm and business is paying usury-tribute to some Banker. The usury-tribute to the Bankers on personal, local, State and Federal debt totals more than the combined earnings of 25% of the working people. Soon it will be 50% and continue up.

THIS IS WHY BANKERS PROSPER IN GOOD TIMES OR BAD
In the millions of transactions made each year like those above, little actual currency changes hands, nor is it necessary that it do so. 95% of all "cash" transactions in the U.S. are by check, so the Banker is perfectly safe in "creating" that so-called "loan" by writing the check or deposit slip, not against actual money, but AGAINST YOUR PROMISE TO PAY IT BACK! The cost to him is paper, ink and a few dollars in salaries and office costs for each transaction. It is "check-kiting" on an enormous scale. The profits increase rapidly, year after year.

The disturbing new developments I've told you about simply can't help but drive the Dow, the S&P 500 and the Nasdaq down another 30% ... 40% . . . 50% or even more.

If you're still holding money in those banks, your stocks and equity funds when the bottom falls out, you're going to get clobbered again.

I know that's a bitter pill to swallow. After all, you already saw the S&P 500 drop 9.3% in 2000 ... plummet 10.5%o in 2001 ... and crash 23.8% in 2002.

But this time, the stakes are much higher: Not only are your stocks in greater danger than they've ever been in. More importantly the banking money loss I've described and inflation also poses an enormous danger for your job ... your income... your retirement ... your home ... your kids' education ... your quality of life - and possibly even to your financial independence. Silver and possibly gold is the only Island of Sanity in an Insane economy.

You've searched high and low for a way to have your cake and eat it too: To grow your wealth and to protect it with safety.

And all along, the answer was right under your nose in For Your Eyes Only like this one that I've been sending you.

This is a wealth of tools that will guard our money like a junkyard watchdog.

For starters, I want to share with you some money-making, money-saving tools and asset protection STRATIES that are truly worth their weight in gold.

I personally designed each one of these tools to help us keep our money safely growing even as other get the shirt ripped off their backs.

So far NEVER a loss in 30 years - and 22% growth in 2002!

In 2003, CDs and money market Funds yielded less than 1% -- but I produced a safe and steady 22% GAIN!

And get this: In the 30 years I've been publishing and sharing my idea’s" WE HAVE NEVER HAD A LOSING YEAR!

Of course, your broker will NEVER tell you about this remarkable strategies, mainly because they don’t know.

Nevertheless, in my humble opinion these are the" greatest strategies in the world for safety-conscious God fearing people and I'm giving you all the details.

My concepts is nothing like any you've ever seen before. Its the fastest growing news letter in America (For Your Eyes Only).

Why? Simple. I give you a truly staggering array of strategies that can put us in control of our money:  My strategies are designed to get us though the impending catastrophe with as much of our assets intact- as possible and to help our assets to grow substantially as these troubling events unfold.

At a time like this, UNCERTAINTY is our # 1 obstacle. How could we possibly make prudent decisions without a clear understanding of the most devastating force that will be driving the U. S. economy and stock markets in the months and years ahead?

In The Great Bank disaster of 2008 - 2009, I clear it all up for us:

• I’m showing you WHY today's fledgling banking crisis was inevitable all along and why it has BARELY BEGUN ...

• I’m naming NAMES-which banks are on the brink RIGHT NOW, which banks WILL be threatened as the economy falls and which ones have what it takes to survive even in the worst of times.

• I’m giving you our Rating on YOUR bank-so you can either move your money out of danger ... or sleep nights in the knowledge that your bank has plenty of liquidity and capital.

• I’m giving you a crystal clear vision of the future-including economic time-bombs that now threaten massive destruction of assets in 2008-2009 ... and most importantly, I show us how we can make sure OUR assets isn't frozen and is PRESERVED as these events unfold.

• I’m giving you solid, irrefutable proof that 2008 and 2000 will be the worst years yet for stocks ... show you why the Dow will fall to 5,000, the S&P 500 will crater to 525 and the Nasdaq will dive  800 or lower ... and more ...

I fully expect you'll have many opportunities to double, triple, even QUADRUPLE your assets. If you act now, while silver is still a buy.

This is a massive financial ROAD MAP to 2009 and beyond.

... And it's yours, FREE!

In practice, though, I know that many members of my service are being cajoled, nagged and bamboozled by brokers and others into holding stocks or even buying more. Or they themselves sincerely want to dabble here and there. If you're among them, you must know if you own (a) a stock with virtually no prospects of recovering, or worse, (b) a company with the very real likelihood of bankruptcy in 2008 and 2009.

Trouble is, with CEOs STILL effectively bribing brokers to hype their companies' stocks, it's darned near impossible to know whom to trust today.

How on earth can you Trust anything a broker says? More importantly, how can you know the TRUTH about stocks and funds you still own or are thinking about owning?

WARNING: If you think when your bank fails and your paper fiat money has little or no value you think that the FDIC will bail you out you best think again!

Sure, your bank account is insured by the FDIC for up to $100,000. But that doesn't mean it's safe. And that does nothing to save the value of the FRN,s.

For starters, thousands of bank customers have been blindsided by bank failures over the last couple of years simply because they didn't realize they had deposits exceeding $100,000. For example, when Universal Bank of Chicago and Connecticut Bank of Commerce failed in June of this 2002, depositors risked losing nearly every penny that was not covered by the FDIC - over $77 million.

They lost even more in NextBank of Phoenix, Miami's Hamilton Bank and Superior Bank, where thousands of accounts were uninsured. At the Connecticut Bank of Commerce, an astonishing 25% of the money in the bank was uninsured when it failed in June of 2002 year.

But even if your account is below the $100,000 threshold, you're still not out of the woods. That's because the FDIC could simply freeze your bank account temporarily during a banking crisis - or it could limit you to withdrawals of $100 or $200 a day.

Fortunately, there are steps you can take right now to maximize the safety of your money. Take a look ...

If you must keep some of your money in a bank, make sure it is a strong one.

Make sure your actual bank balance is significantly under the $100,000 insurance limit. That should include interest. PLUS, be sure to take into consideration any extra funds you may have in your checking account due to checks that have not yet cleared.

Seriously consider a taking delivery on hard silver like American silver dollars. You should always have immediate control access to your silver.  And unlike bank deposits, until you turn your silver into FRNs they are exempt from income taxes.

So far in this bear market, my subscribers report they have actually taken advantage of less severe economic problems to rake in profits of 22% and more on Silver alone.

But I'm convinced that's just a sneak preview compared to the profits that lie ahead. I fully expect you'll have many of opportunities to double, triple, even QUADRUPLE your assets. If you move right now.

THE BOTTOM LINE: Once you've experienced the wealth-saving, wealth-building power that I’m writing about here, you'll never want to make another investment in stocks and bonds.

Pile up profits with silver - even in a bear market!

Once the lion's share of your money is silver your assets will be much safer and safely growing -you're in a position to turn a little molehill of silver into a mountain of silver.

And with all the problems now lining up to batter U. S. Dollar and stocks, I expect my STRATEGY will make my clients including YOU - richer than ever in 2008-2009 and beyond!

Every time stocks show the tiniest sign of life, Wall Street gets giddy.

Hordes of Wall Street's most notorious stock pushers lineup to declare that "we've seen the bottom." And they swear on a stack of Bibles that it's time to buy stocks again.

You've seen it over and over again -when bursts of optimism drove the Dow into a rally: Trusting souls dug deep into their bank accounts to throw good money after bad, spending what little they had left on stocks.

Inevitably, the good news turned bad again -and millions of investors were shorn like sheep when stocks collapsed to new lows.

Silver will help your CONSERVATIVE portfolio grow faster: Fed up with lousy little 1 % returns in CDs and money market Funds?

That's for the birds!

I want to help you set the agenda for your more successful financial future now. The future won't wait until you have enough money to be secure. Why should YOU wait?

We refer frequently to the 'Dollar Standard system. Readers accuse us of harping on it. Some think we are
obsessed. And it's true: the world's monetary system haunts us like an unsolved murder.

Most people would rather sit through a joint-session of Congress than have to hear about it. But for the benefit of
new readers and the dismay of habitual ones, we harp on the Dollar Standard again today.

Who cares about the world's monetary system?

Reading the paper, a man first turns to see if his stocks went up. Then, he turns to the sports page for excitement
or to the editorial page for laughs. But behind nearly
every headline, in the financial section at least, is a  salacious crime. The freakish monetary scheme known as the
'Dollar Standard' system did not come into being on its own. It was put into place, like a pliable crony, in 1971,
after the Nixon Administration gave 'the VIP treatment' to the Bretton Woods system. [Faithful readers will recall,
'the VIP treatment' was Idi Amin's code for killing someone.]

"China posts record export surge," reports the BBC. Thank
the 'Dollar Standard system.'

"Personal bankruptcies hit new world record," the NY Post tells us. 2.6 million people have declared bankruptcy in
the last 12 months. That, too, is a consequence of the 'Dollar Standard system.'

"U.S. trade deficit reaches over $1 million per minute," says the Daily Reckoning. Again, courtesy of the 'Dollar
Standard system.' The money supply doubled since 1995, the Mogambo Guru told us recently.

Debt levels reach new records. Housing starts soar. U.S. stocks sell at 33 times earnings.

All the major financial stories, if they were followed by an energetic newshound, could be trailed back to Nixon's
crime and the 'Dollar Standard system.' Of course, today's reporters can't be bothered to trace the clues. They know
readers aren't really interested in what's behind the news; they just want the lurid details from the crime scene:
stocks are up 25% so far this year - what more do you need to know!

And yet, the biggest story never told will come to light some day. The Dollar Standard system seemed like great
thing a few years ago! Under Bretton Woods, when a nation ran a trade deficit, it was expected to settle the
difference in gold. This meant that nations had to sell about as much as they bought, or they would soon be out of
gold and unable to buy more. No wonder central bankers looked the other way when Nixon put a gun to Bretton Woods'
head. The new Dollar Standard removed the limits; suddenly, Americans could spend far more than they could afford... for
years and years... and central banks could settle their accounts with dollars which were infinitely abundant,
rather than gold, of which there never seemed to be quite enough. The dollars piled up in foreign central banks.
Instead of redeeming them for gold... they were used to bid up prices of stocks and bonds all over the world. What
could be nicer?

If only it would last forever!

But such is the world we live in that nothing lasts forever... and certainly not an international monetary
system based on fraud and robbery. America is supposed to buy nearly all the world's excess production with I.O.U.s
it never expects to pay off! Someday, those I.O.U.s will become worthless, and the whole system will blow up.

In the meantime, we harp and watch the dollar. When it goes, it all goes: stocks, bonds, real estate... and as many
as 20 million and more bankrupt Americans. And the terrorist plan to help us along that path of destruction though the terrorist economy.

The Silver Play

In the bible, money is always gold and silver and the word money is used more in the Bible then any other item. In Eden, gold has a special position established by God:

Gold and silver have certain qualities which allow them to function as money: durability, divisibility, reconcilability, and scarcity. Since the beginning gold and silver have been recognized as currency and accepted as a standard of value.

Several breakdowns occurred during the last century involving money. One of the biggest of these breakdowns was in the government’s departure from sound money, money backed by gold. When a shortage of money developed government just started printing it, as more dollars but these new dollars weren’t supported by any gold or silver. The government seemed to feel if gold and silver are too difficult to dig out of the ground, they just printed more paper money and declared it “legal tender.”

“ Ideally, money should be 100% gold, silver or some other valuable commodity which has been raised to monetary status to the value that men freely place upon these commodities. Correctly defined, money is not what government rulers define as legal tender, but rather, money is anything that the people freely and generally accept in payment for goods and services. Over eons of time, gold and silver have become the most generally acceptable commodities used by man for money, but some other scarce and valuable commodities might, at least in theory, be used.  The key factor is that whatever commodity is used for money should be raised to the role of money by the free value imputations of the people rather than by government fiat”( Tom Rose and Robert Metcalf, The Coming Victory).

SILVER

If you don’t own silver you do not own a peace of the beginning of circling of the wagons. I believe that gathering silver is the beginning and is meant to help ordinary people gain extraordinary wealth. And at the same time have protection against any kind of hard times that is in the worlds future. You should take the time to read this and you may come to understand facts that could quite literally change yours and your families lives.

I believe today silver is the world’s most overlooked opportunity for riches. This opportunity is rare and many people should familiarize themselves with the dynamics of silver. Most people including most everyday people don’t know how incredibly important silver is to the world. Nor are they aware that the U.S. government has run out of silver and they are unaware that the current shortage of silver is more than the known world supply. Silver could go to $100 an ounce or more in the next few short years. That’s a twenty-fold increase. Silver as I write this is under $5.00 per ounce. And could start raising any day now. I believe time is short and silver could start spiking soon. Silver is the only hard commodity that the poor man can afford and unfortunately there are more poor people than rich ones. In 1980 silver went to $50.00 per ounce driven by only two men the Hunt Brothers of Texas. Today some of the worlds highest net worth individuals like Warren Buffet and Bill Gates have made huge silver purchases. They must know something about the silver shortage that few others know. According to author Ted Butler the mining companies, bullion houses and big hedge funds at the moment control and trade huge quantities of silver are trapped. He claims they have sold hundreds of millions of ounces of silver that they don’t own and which they must pay back. He says in fact, they have to repay more silver than actually exists. Mr. Butler says it can’t be done without silver prices going through the roof. According to Butler, a complicated leasing strategy by central banks and silver miners has artificially held the price of silver below where it would otherwise be. He says that today’s silver market fails to reflect the true price based on supply and demand and when that happens you have a once in a lifetime opportunity to profit.   

There are many bullish facts surrounding silver with some aspects so powerful and shocking they border on the bizarre according to James Cook the president of a bullion and coin company. One of the craziest things about silver is that the price is so low. You get a lot of silver for the money. At the end of world war II the U.S. government held 3 billion ounces of silver. Now its gone, most of it used up by industry. Each and every year silver mining and scrap recycling fall 200 million ounces short of the industrial demand alone. That uses up most of the worlds above ground supply. All the known and recorded silver in the commodity warehouses and elsewhere only comes to 150 million ounces. Industry alone require almost 900 million ounces each year. That should tell you something.

I believe there will never be a better profit potential for people with so little risk than there is with silver today and it is a bedrock opportunity. New uses for silver keep expanding. It’s an absolute necessity in high tech. Every computer, server, monitor, cell phone and switch must have silver. Lasers, satellites, high-tech weaponry and robotics, all require silver. Digital technology and telecommunications absolutely need silver. Around the house there’s silver in every TV, washing machine, wall switch and refrigerator. Ted Butler claims new and exotic uses for silver are growing steadily. He argues that when you hold silver in your possession, you participate in the high-tech boom by owning the precious metal that technology companies must have.

Folks in my opinion should buy physical silver in bullion or silver coins as physical silver is far superior to any form of paper money. By buying real physical in hand silver in today's market you will get a lot of silver for your federal reserve notes (FRN’s).

I recommend hard 999.9 American silver dollars or in coin form such as the one ounce U.S. Silver Eagle and other silver coins from the U.S. Mint. I think one of the best buys out there right now is the Canadian Maple Leaf 999.9 pure, weighing in at an even one ounce. The American Gold Eagle’s program has been the most popular and sought after coin in recent times until recently sales have declined more than 90%, perhaps partly due to the Y2K boondoggle. During that same period Silver Eagles scarcely missed a beat, sales again this year are expected to set new records. Investors like silver coins, and will like them even more as they start to raise on the open market. Sales are expected to surge to 20 or 30 million ounces a year. Butler says, “If you can see how profound this change is, then beat the rush and buy silver now, while it’s being given away at these artificially low prices. The only conclusion, buy real silver right now”. I agree, and you need silver to protect you and to help you keep what you have and circle your own wagons. People have historically turned to precious metals whenever a financial crisis occurred. Silver since biblical times has been sound money and used for barter and commerce. Silver has always been one of the best hedges for economic downturns. People need to be in the age old assets that preserve and protect wealth. Neither silver or gold have seen a major price rise for decades. Silver is cheap with a very limited downside. Keep all United States coins minted before 1965 as they contain large amounts of silver.

My personal favorite that I am currently buying and suggesting to others is the Canadian Silver Dollar. These shimmering beauties are cheaper then U.S. Silver Eagles, but weigh the same one ounce and are also 999.9 pure silver. Ounce for ounce they are the better buy. Plus they are easier to handle than bullion and can easily be used for currency, trade and barter, no matter what happens to the worlds economy or the American dollar in the future.

Take delivery and store your silver yourself if possible. If not you must store it with someone you absolutely trust. You must know who, where and how your silver will be kept. Its best to keep your coins or silver in a safe but readily available place.  As silver goes up in price you will be tempted to sell it. Resist as long as you can, it will prove to be too attractive a profit for many, but people hung on, because if you sell at $10 or $20, you can stay for the real upper levels, if your going for the circling the wagons stay put, you will be glad you did. Mr. Butler claims “this up move, when it commences, will not be over in days or weeks. So what if it takes a few years to hit $50 or $100? It took palladium ten years to go from $60 to $850 per ounce, and palladium didn’t have the juice of having the world’s largest short position.” People  selling some of there silver as it goes up to recover there investment if they must is OK.  But do what you have to in order to stay in for the longer run. If after sufficient time, you see the world changing and getting even nearer really bad times and yours along with millions of others wealth has accumulated in the value of your silver, you may find that your silver is worth more than gold. Soon after the first steps in faith are taken by millions of believers this new found wealth will give all who buy it and stay the position  financial freedom will be theirs, like they have never before known. 

Michael Webster's Other Writings.