Gold – Confiscation of Middle Class Wealth?

 

February 21, 2013

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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.


Comments for “Gold – Confiscation of Middle Class Wealth? “

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

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