Investing Money With Experts' Help

Richard Russell - Watch Gold, 2012 Fated to be a Monster Year
King World News, Feb. 3, 2012
“If you listen carefully, you can hear the heart-beat of the market. It's a slow, heavy beat, as if the market is waiting for something. That something is going to be BIG. Bigger than what anyone is expecting."
http://kingworldnews.com/kingworldnews/KWN_DailyWeb/Entries/2012/2/3_Richard_Russell_-_Watch_Gold,_2012_Fated_to_be_a_Monster_Year.html

Related stories:

The Demise of the Petrodollar
Rumors are swirling that India and Iran are at the negotiating table right now, hammering out a deal to trade oil for gold. Why does that matter, you ask? Only because it strikes at the heart of both the value of the US dollar and today's high-tension standoff with Iran.
http://www.caseyresearch.com/cdd/demise-petrodollar

India Joins Asian Dollar Exclusion Zone, Will Transact With Iran In Rupees
Jan. 22, 2012
Japan, China, Russia, India and Iran: the countries which together account for the bulk of the world's productivity and combined are among the biggest explorers and producers of energy. And now they all have partial bilateral arrangements, and all of which will very likely expand their bilateral arrangements to multilateral, courtesy of Obama's foreign relations stance which by pushing the countries into a corner has forced them to find alternative, USD-exclusive, arrangements...China, Iran's biggest crude customer, has rejected the U.S. sanctions as overstepping the mark and defended its extensive imports from the second-biggest oil producer in OPEC.
http://www.zerohedge.com/news/india-joins-asian-dollar-exclusion-zone-will-transact-iran-rupees
　

Warnings to Americans about their savings and whom they trust
Posted Jan. 21, 2012

The following are some warnings to Americans from Nathan Leal, a Christian watchman, Marc Faber, an Austrian economist and investment newsletter writer, and David Wilkerson, well-known a man of God who preached in the US for many years before going home to be with the Lord in 2011. A few brief comments follow their warnings.

Prophetic dream of American Pensions Taken by USG
Nathan Leal, Oct. 2010
Interpretation: I believe that eventually, your hard earned retirement fund is going to be taken away from you WITHOUT YOUR PERMISSION!! The USA is also going to go through a metamorphosis. A political "shape shift" into a different kind of government. An oppressive government. A deceptive and tyrannical government ... It appears that the US Government has begun to morph! These changes may be taking place behind the scenes right now! And these changes appear to be similar to the changes that the people of 1930's Germany witnessed......BUT IGNORED!!! Likewise, most of the American public does not seem to have a clue. They are occupied and in a slumber ... If you have a pension or retirement fund, please seek God in prayer about what you need to do. There are options available. Seek Godly council about the possibility of making changes with your retirement fund. Maybe even taking the penalty and withdrawing your funds. And then hedging or preserving your funds in another venue; Perhaps several diversified venues. But make the changes so that YOUR pension is outside the reach of the FOX guarding the hen house.
http://www.watchmanscry.com/prophecy_eagle_and_the_fox.html

Don't Hold Physical Gold in the US
Marc Faber, April, 2011
...People should be their own central banks and gradually accumulate gold reserves as a currency. They should basically hold it physically but ... outside the US ... There is the risk that the US will once again as they did in 1933 collect the gold ... they'll pay probably the market price and afterwards they'll revalue by say five times ... http://www.youtube.com/watch?v=-9aTRKh6P20&feature=related

The Vision, Chapter 1, Economic Confusion (excerpts)
David Wilkerson,1973

"There is worldwide economic confusion just ahead. In my vision, this is the clearest thing I have seen."

"And even though the dollar will appear to be gaining strength just before the coming major recession, a new crisis will develop that will shake the entire financial world ... I see total economic confusion striking Europe first and then affecting Japan, the United States, Canada, and all other nations shortly thereafter ... It is not really a depression I see coming - but a recession of such magnitude that it will affect the lifestyle of nearly every wage earner in America and around the world. Countries that now control huge amounts of Western currency are going to be in very deep trouble also. Arab countries will especially be hurt."

"The price of gold is going to rise astronomically. Silver will also become a very precious metal, and its price will go wild ... But neither silver nor gold will offer real security. The fluctuating and uncertain value of gold and silver will be a part of the total picture of economic confusion that grips the world. Believe it or not - even gold will not hold its value. Gold hoarders are going to get hurt - badly. This is one of the most significant predictions in this book."

"It is still possible that we can face the time when even government-insured savings will not be paid. The only real security is in land."

Comments
Ted Spaeth, Jan. 21, 2012
When David Wilkerson received his vision in 1973, the price of gold was about US$100/oz, and silver was around US$3/oz. One might say that his words about gold and silver are already partly true. Thus, some questions to consider are: what will happen if the price manipulation stops? Will some governments confiscate gold and silver? or just the mines? or will they charge 90% capital gains taxes? Will change happen suddenly or over a period of weeks or months? Will private ownership of gold and silver be safe in places like China, India and Russia?

I believe that there is no perfect investment strategy, but we invest for the sake of stewardship and minimizing risk. Today, the biggest financial risks are counter-party risk and systemic risk, especially for paper assets. In the end, it all belongs to God. Thus, whatever assets require more trust in God and His promises seem more likely to fare better over time than those which require more trust in man and his promises. At this time, I still follow Jay O'Keefe's portfolio allocation, since I believe silver and gold are honest stores of value as defined in the Bible (see Why Gold Has Been the World's Reserve Currency for Thousands of Years, and silver is especially undervalued (see Silver Investment Information). I expect that the day will come when the situation will change, but I hope that God will somehow make it clear at the right time.

If any of you lack wisdom, let him ask of God, that giveth to all men liberally, and upbraideth not; and it shall be given him. James 1:5

Charge them that are rich in this world, that they be not highminded, nor trust in uncertain riches, but in the living God, who giveth us richly all things to enjoy. 1 Tim. 6:17

Mainland shoppers like new Kitco HK silver
January 20, 2012

If you are still shopping for gifts for Chinese New Year, then you might want to try Kitco Hong Kong.

They have very attractive gold and silver products, including Canadian Maples, American Eagles, Mexican Libertads, Australian Kookabura, Kitco bars and Sunshine Mint bars.

If you are interested, you can visit the following web pages:
English: https://online.kitco.com.hk/silver/index.html
Chinese: https://online.kitco.com.hk/product_list.action

Many Mainland tourists shop there and hand carry their metals back home so they can enjoy lower prices than are available at Mainland precious metals dealers. (This is due to tax issues in Mainland China.)

All you need to do is visit Floor 5L, Centre Mark II, 305-313 Queen's Road Central, open an account (no charge) and pay in cash. Phone: 2827-7800.

It's a very professional operation. Premiums vary with quantity (about 19% recently for small silver purchases), but there is a LARGE INVENTORY for small and medium sized investors / shoppers.

Happy Chinese New Year!    新年快樂    萬事如意

Jim Rickards - Financial War With Iran has Begun

Rickards negotiated the release of US hostages from Iran in 1981. He said on a KWN interview, “All of the information I have is that the US is going to do it (attack Iran). So the tension between Israel and the United States is being resolved in favor of letting the US actually launch the attack ... President Obama sanctioned the central bank about a week ago. The Iranian currency, the rial, dropped 30% in a single day. Hyperinflation has broken out in Iran. This is financial warfare."
http://kingworldnews.com/kingworldnews/KWN_DailyWeb/Entries/2012/1/13_Jim_Rickards_-_War_With_Iran_has_Begun,_Gold_to_Break_$2,000.html

Related articles:

Iran, Russia Replace Dollar With Rial, Ruble in Trade
Jan. 7, 2012
Iran has replaced the dollar in its oil trade with India, China and Japan
http://www.bloomberg.com/news/2012-01-07/iran-russia-replace-dollar-with-rial-ruble-in-trade-fars-says.html

Why Iran's currency dropped to worst low in two decades
Jan. 3, 2012
The Iranian rial fell to a record low against the dollar after US President Barack Obama signed a bill Tuesday imposing fresh sanctions against the country's central bank.
http://www.csmonitor.com/World/Middle-East/2012/0103/Why-Iran-s-currency-dropped-to-worst-low-in-two-decades

War Imminent In Straits Of Hormuz? $200 A Barrel Oil?
Jan. 3, 2012
http://www.zerohedge.com/news/guest-post-war-imminent-straits-hormuz-200-barrel-oil

Foreign Exchange: Saddam Turns His Back on Greenbacks
By William Dowell/New York City Monday, Nov. 13, 2000
http://www.time.com/time/magazine/article/0,9171,998512,00.html

Real Cause for Gaddafi's Expulsion: Wanted Gold Currency?
Thursday, May 05, 2011 – by Russia Today
http://thedailybell.com/2226/Real-Cause-for-Gaddafis-Expulsion-Wanted-Gold-Currency.html

Ted Butler: Three elements of silver manipulation
Jan. 11, 2012

Jay O'Keefe has studied investing for over 50 years. After much trial and error, study of the Bible and study of economics, he has found 8 experts whom he trusts - for their track record, their belief in the classical or Austrian economic model and their desire to help small investors. (See Whom To Listen To.) Since Jay currently holds about half of his life savings in silver, Ted Butler is the expert at the top of his list. Nobody understands the silver market like Ted Butler, previously a commodity trader and the leader of the exposure of the manipulation of the silver price on the COMEX.

Ted Butler recently wrote about the three basic elements that prove silver has been manipulated, and part of what he wrote was posted for the public (i.e., for people who are not paying subscribers):

THE THREE ELEMENTS OF MANIPULATION
http://www.investmentrarities.com/ted_butler_comentary01-09-12.shtml
Summary: there is intent of the manipulators to cover their short positions, they have the ability to do this, and they have been successful. It looks like the CFTC just doesn't really want to enforce the law. To allow the crime in progress to continue is like watching planes drop from the sky and hear the FAA make no comment or take no action. (In most of his recent articles, Ted Butler has repeatedly said that the COT reports indicate that there are not many more longs who will likely sell, so both gold and silver look bullish.)

5 Views on the 30% Silver Price Smash, May 8, 2011
http://somehelpful.info/Silver/5-views.htm

For the first time in history, Silver Eagle & Maple Leaf sales will surpass domestic silver production in the U.S. and Canada in 2011
The demand for American Silver Eagles and Canadian Maple Leaf coins has increased tremendously over the past several years. 2011 will be the first year in which official coin sales will surpass domestic silver production in both countries.
http://www.marketoracle.co.uk/Article32456.html

Ted Butler Archives (available to the public):
http://www.investmentrarities.com/tbarchives.shtml

Update from Jay O'Keefe on Silver

Jan. 5, 2012 - A few people have expressed their nervousness over the fall in the price of silver. It occurred to me that possibly many of our investors share this nervousness. I told [one man] that I would urge him not to sell any of his silver at current prices. To do so would be joining the crowd whose emotions have taken over. As always there is never a guarantee that my opinion is right but it is my firm conviction that selling silver at current prices would be a big mistake. Jay

Related comments from Jay:

SILVER IS STILL ON SALE!
May 31, 2011 portfolio update
It is my belief that it has been ever since it sold for $4.00 in the 1990s. Up almost ten times since then, it has still not approached its true intrinsic value based on supply and demand. World above ground supply has fallen about 80% since then according to the research I have confidence in and have referred you to in past comments. Demand is steadily increasing, not only industrial demand, but for investor or store-of-value demand. It is just getting under way around the world and promises to be the major demand factor in the remainder of this secular bull market in gold and silver as people wake up to what is happening to their purchasing power of their paper money. Governments are flooding the world with a blizzard of worthless paper currencies...

http://somehelpful.info/Money/Jay-Portfolio/Jay-portfolio-2011-05-31.htm

What's Next For Silver?
March 28, 2011
Now I come to the sole point I want to make in this article. Will silver fall by 60% or more again someday? I have absolutely no idea. It certainly could as its bull market reaches ever higher levels and new investors and traders are attracted to it. My point is if it does, tell yourself you are not going to sell it ...

http://www.somehelpful.info/Money/Investing-Today/Whats-next-for-silver.htm

2 major news items mostly ignored in the mainstream media
Jan. 05, 2012

Chinese Central Banker Declares That 'Gold Is The Only Safe Haven Left'
http://www.businessinsider.com/zhang-jianjua-gold-safe-haven-2011-12

R.I.P. US Bill of Rights 1789 - 2011
(As americans partied, their govt canceled the Bill of Rights)
http://www.naturalnews.com/034537_NDAA_Bill_of_Rights_Obama.html

Related recent stories:

New Asian Union Means The Fall Of The Dollar
http://alt-market.com/articles/462-new-asian-union-means-the-fall-of-the-dollar

Jim Rogers isn't too optimistic about stock markets in 2012, sees longer term systemic collapse
http://www.bi-me.com/main.php?id=55927&t=1&cg=4

Ultra bearish Marc Faber says the whole derivatives market will one day cease to exist, 'will become zero'
http://www.bi-me.com/main.php?id=55870&t=1&c=36&cg=4&mset=1041

Noah, being warned, prepared an ark to the saving of his house - Heb. 11:7

As it was in the days of Noah, so it , so shall it be also in the days of the Son of man. - Luke 17:26

Recent comments from Jay's experts
Jan. 1, 2012

Three of Jay O'Keefe's experts have recently made some comments that may be helpful:

Ted Butler
This year's quick and sharp declines in silver occurred in only days - something rare for a world commodity. It's clear manipulation, and more and more people know about it. The fact that JP Morgan, the CME and the CFTC (2 criminal enterprises and a policing body that looks the other way) are unwilling to even discuss the issue in public is evidence that it's real. Since industrial demand and the mine supply do not change much, the key statistics to watch are the naked short position on SLV (7% now) and the short position on the COMEX. These are the two big price determinants for silver. Large buyers were buying a lot during the week between the Christmas and new year's holiday as prices were knocked down. The number of people selling or short selling is running out, i.e., there not much room left on the downside, according to the COT reports. A rapid move upward in the COMEX silver price is possible, but it will require that those holding long positions do not sell at low prices but hold on until the price rises significantly.

Richard Russell
“This year's close for gold marks the 11th year for higher year end gold closing. To my knowledge this is the longest bull market of any kind in history in which each year's close was above the previous year. This fabulous bull market will not end with a whisper and a fizzle. I continue to believe that the upside gold crescendo of this bull market lies ahead. We are watching market history.”
http://kingworldnews.com/kingworldnews/KWN_DailyWeb/Entries/2011/12/31_Richard_Russell_-_We_are_Watching_Market_History_in_Gold.html

Jim Sinclair
“The amount of discontent and bearishness among people who know better is enormous. It’s moved from bearishness to some form of anger. (This is a) historical bottom, capitulation. A clear sign that the gold market is moving into an outrageously oversold position, most certainly in anything that’s a common share. You must not allow your emotions to direct your decisions. Your emotions will always be your best contrary indicator you have. You have to examine the circumstances and ask whether or not the reasons why you’ve committed to something have changed. And if they haven’t changed, you simply need to buck up and go the course because you’re right.
http://kingworldnews.com/kingworldnews/KWN_DailyWeb/Entries/2011/12/22_Jim_Sinclair_-_The_Gold_Panic_%26_What_to_Expect_in_2012.html

One reason for the strange situation in the financial world now may be that a war is coming in the Mideast. It's possible that insiders are doing all they can to position themselves beforehand. Here are a few related links:

Whatever happens, it is good to know that God is in control.

Remember the former things of old: for I am God, and there is none else; I am God, and there is none like me, Declaring the end from the beginning, and from ancient times the things that are not yet done, saying, My counsel shall stand, and I will do all my pleasure: Calling a ravenous bird from the east, the man that executeth my counsel from a far country: yea, I have spoken it, I will also bring it to pass; I have purposed it, I will also do it. (Isaiah 46:9-11)

Update from Jay O'Keefe
Dec. 24, 2011

The Lord is my shepherd; I shall not want ... He restoreth my soul: he leadeth me in the paths of righteousness for his name's sake. Yea, though I walk through the valley of the shadow of death, I will fear no evil: for thou art with me; thy rod and thy staff they comfort me ... Surely goodness and mercy shall follow me all the days of my life: and I will dwell in the house of the Lord for ever. (Psalm 23)

God has answered prayers and significantly healed Jay O'Keefe from his physical and mental struggle. Jay contacted me via web mail and asked me to call him, since his PC is still in Amarillo. He's still in Denver with his daughter April and son-in-law Karl.

He said the Lord brought him to the point of death but brought him back. He remembers nothing of the 4 days in which he went from Amarillo to Denver and went to the ICU in a hospital there. Then, he had problems with his body and memory. The doctors had him completely stop taking the Methyltrexate drug, and they have also been gradually weaning him off the steroids. He hopes to be completely off them soon.

Physically, his body is doing much better. He says it's been miraculous. Three days ago he started walking without a walker (but he uses a cane for insurance), and he's gained some weight back. He said he went from 117 lbs. to 126 lbs. in the last 3 weeks. Mentally, he is still struggling with short term memory loss, but 5 days ago he started having better recall. He feels his brain is gradually waking up.

Spiritually, he is encouraged and thankful to God for the experience, even though it was painful. He is waiting on God as to how to best serve Him now.

As for investing, he has been following the silver market closely. He has not changed his portfolio at all, and he's happy with it as it is (see http://somehelpful.info/Money/Jay-Portfolio/Jay-portfolio-2011-07-31.htm). He still advises that people hold on to their silver, at least 50% their portfolios. The half would be cash. (I think this includes gold, which has been a currency for thousands of years - see Holding Gold as Cash, http://somehelpful.info/Money/Investing-Today/Gold-as-cash.htm.) Jay urges all his readers to avoid one thing: selling silver now while it is down to $30/oz. He believes such action would later result in huge regret. He gives it a 3 year time frame, but he believes the move up could start as soon as next week.

Please continue to pray for Jay - that God will restore his mental capacity and give him strength and direction to serve Him as He desires.

"I must work the works of him that sent me, while it is day: the night cometh, when no man can work." (John 9:4)

Merry Christmas and best wishes to you and your family in 2011!

For this purpose the Son of God was manifested, that he might destroy the works of the devil. (1 John 3:8b)

Christmas gift ideas
Dec. 22, 2011

As we get ready to celebrate the birth of Jesus Christ, here are a few ideas for Christmas shopping:

1. Silver coins or bars (silver is currently well below its 200 day moving average)
2. Currency Wars: the Making of the Next Global Crisis, by James G. Rickards, available on Amazon for US$17.59,
http://www.amazon.com/Currency-Wars-Making-Global-Portfolio/dp/1591844495, or in Hong Kong at some Commercial Press outlets for HK$190 (Jordan, City U, HKUST, ...).
3. A King James Bible (since it fairly closely follows the Greek text received from God and since most modern translations are based on the corrupted Westcott-Hort Greek text; for more information about this seldom mentioned problem, see
http://somehelpful.info/NT/Majority-text/index.html )
4. Angel Wars, by Steve Quayle, https://www.standeyo-cart.com/ProductDetails.asp?ProductCode=AWARS. This book discusses another topic that Satan has kept hidden from most churches today: the war that has raged for thousands of years between good and evil angels. It is based on the Bible and extensive research of ancient texts. (Free for pastors who request one.)
5. The Cosmic Conspiracy, by Stan Deyo,
https://www.standeyo-cart.com/ProductDetails.asp?ProductCode=CC, Stan Deyo's personal testimony and Bible prophecy in light of his knowledge of the illuminati. (He worked for them on anti-gravitational propulsion in the early 1970s before he escaped and later got saved.)

Merry Christmas to you all and best wishes in 2012!

MF Global scare; SLV short position
Dec. 20, 2011

Confidence in an unfaithful man in time of trouble is like a broken tooth, and a foot out of joint. - Proverbs 25:19

Some experts think the MF Global collapse is no big deal, while others think it is a warning of more widespread calamities to happen in the future. Some people are saying that all paper assets are at risk. The latest news on the MF Global story is that investors who thought they had private property stored in vaults may have it seized. The story also illustrates how physical silver seem to be in tight supply. Ted Butler discussed the supply issue recently in relation to SLV.

The Silver Rush at MF Global - by Barrons / Yahoo! Finance

"The trustee overseeing the liquidation of the failed brokerage has proposed dumping all remaining customer assets--gold, silver, cash, options, futures and commodities--into a single pool that would pay customers only 72% of the value of their holdings. In other words, while traders already may have paid the full price for delivery of specific bars of gold or silver--and hold "warehouse receipts" to prove it--they'll have to forfeit 28% of the value." http://finance.yahoo.com/news/the-silver-rush-at-mf-global-.html

SLV Short Position Update - by Ted Butler (paraphrased version)

The SLV silver ETF, which holds a large portion of above ground silver is short of what it is supposed to have. This is not good, and BlackRock, the SLV sponsor, is negligent. This has contributed to price suppression of silver, since if the ETF had what it promised to have, the silver price would have had to go higher. See full article:

http://www.investmentrarities.com/ted_butler_comentary12-19-11.shtml

For those interested in following Ted Butler, this page on Investment Rarities has links to many of his articles that are for paying subscribers:
http://www.investmentrarities.com/tbarchives.shtml
(It appears that he releases some to the public.)

The US Treasury is shorting the USD by taking SDR notes from the IMF
Dec. 19, 2011

King World News recently interviewed Jim Rickards about banking, the USD and gold.

Can you imagine any nation short selling its own currency? Jim Rickards says that's essentially what the US is now doing:

Audio interview:

Part 1: http://kingworldnews.com/kingworldnews/Broadcast/Entries/2011/12/17_Jim_Rickards.html

Part 2: http://kingworldnews.com/kingworldnews/Broadcast/Entries/2011/12/18_Jim_Rickards__Part_II.html

Text excerpts:

Part 1: http://kingworldnews.com/kingworldnews/KWN_DailyWeb/Entries/2011/12/16_Jim_Rickards_-_The_US_Treasury_Shorts_the_Dollar.html

Part 2: http://kingworldnews.com/kingworldnews/KWN_DailyWeb/Entries/2011/12/18_Jim_Rickards_-_This_Will_Send_the_Price_of_Gold_to_the_Moon.html

"Money ... has something in it sacred that is not to be sported with, or trusted to the airy bubble of paper currency." (Thomas Paine, 1737 - 1809)

The Lord hates dishonest scales (including fiat currency), but accurate weights (like gold and silver) are his delight. (Proverbs 11:1)

The silver is mine, and the gold is mine, says the LORD of hosts.

(Haggai 2:8) The borrower is slave to the lender. (Proverbs 22:7)

The wicked borrows and does not repay. (Psalm 37:21)

Righteousness exalts a nation, but sin is a disgrace to any people. (Proverbs 14:34)

Because they did not receive the love of the truth so that they might be saved, God will send them strong delusion, that they should believe the lie. (2 Th. 2:10,11)