The Most Dangerous Organization in America Exposed

8/6/2019 The Most Dangerous Organization in America Exposed

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The Most DangerousOrganization in America

Exposed:Secret memos and the plan that could destroy the

wealth of millions of AmericansAbout a year ago, I began a project to research the unprecedented amounts of dollars beingcreated by the Federal Reserve... and how its destroying the wealth in America.

But during my research, I stumbled onto something else... something bigger and moreimportant than inflationand much more disturbing.

Im going to air this story, but keep in mind its at great personal risk. You see, the last timesomeone tried to expose the Fed on this level, one U.S. official, operating in Germany,

approved an order to burn more than 2.2 million pages of records and research.

And before I go any further, I want to make one thing very clear...

The following contains only the undisputable facts of this case... because I want you to see thefacts for yourself, and then make up your own mind.

If whats contained in this letter turns out to be true, every man, woman, and child in thiscountry will be severely affected in the coming months... and not 1 in 1,000 knows what scoming.

Here are my complete findings.

For the past 50 years, rumors have circulated throughout the U.S. financial markets that the FederalReserve has been involved in a scheme to illegally suppress the price of gold and silver.

On the record, the Federal Reserve System denies these allegations.I can say unequivocally The Federal Reserve Bank of New York has not intervened in the goldmarket in an attempt to manipulate the price of gold on its own behalf or for... anyone else.

Alan Greenspan,Federal Reserve Chairman, 1987 2006

We have found no evidence of manipulation.

Michael Gorham,Director, Commodities & Futures Trading Commission and former Federal Reserveofficial

There is no evidence of coordinated efforts to manipulate price... There is no logical rationale forsuch a conspiracy.

Jeffery Christian,former World Bank, International Finance Corporation, and International Monetary

Fund officialBut if the Federal Reserve denies involvement in gold price manipulation...

Then how do you explain these recently declassified government documents?


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***3/6/1968***

A telegram marked CONFIDENTIAL is wired from the United States Embassy in Paris to theState Department in Washington, D.C.

The authors are unknown.

The document is a detailed plan on what would have to be done to suppress the price of gold.

The plan involves:1) Convincing the public that there is no point any more in speculating on an increase in the price ogold, and to subdue the speculative demand for gold.

2) Recommending the creation of a new reserve asset with goldlike properties to replace goldand prevent it from increasing in value.


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The idea, according to the document, is for central banks to remain the masters of gold.


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***12/4/1968***

A memorandum marked SECRET makes its way through highlevel officials at the U.S. CentralIntelligence Agency.

The authors identities are kept secret.

The memo which describes a rising gold price as a basic problem for the U.S. dollar lays outseveral strategies for suppressing gold prices, including:

Establishing a private gold market where central banks buy and sell gold only to each other,as not to affect the official free market price.


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And...

Bringing South Africa [the worlds largest producer of gold at the time] to flood the marketwith all of its gold in an effort to keep the price down.

***6/3/1975***

U.S. President Gerald Ford receives a 7page memorandum from Fed Chairman Arthur Burns,marked STRICTLY CONFIDENTIAL.

The memo describes secret arrangements in writing between the Federal Reserve and othercentral banks to bypass the open market for gold, as not to affect its price.

Specifically these arrangements require foreign central banks such as Germanys Bundesbank notto buy gold in the open market, or from other governments, at a price above the official U.S.government price of $42.22 per ounce.

Keep in mind, the open market price of the time was between $160 and $175 per ounce.


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The purpose of these arrangements is to determine the shape of the future world monetary system.

Ccd on the memo are Secretary of the Treasury, William Simon... Secretary of State, HenryKissinger... Presidential Economic Advisor, Bill Seidman...

And Chairman of the Council of Economic Advisors and future Federal Reserve Chairman Alan

Greenspan.


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Behind closed doors...

The Federal Reserves Federal Open Market Committee (FOMC) meets eight times a year to establishinterest rates and set our nations financial policy.For the first six decades of the Feds existence(19131975), the discussions of these meetings are largely kept secret from the public.

But in 1976, legislation called the Sunshine Act requires the Federal Reserve to make wordforwordtranscripts and recordings of all FOMC meetings available for public view.

According to House Banking Committee investigator, Robert Auerbach, Federal Reserve officialsdeny the existence of verbatim transcripts or recordings of any FOMC meetings. According to theFed, they simply dont exist.

But, according Auerbach, because of questioning by House Banking Committee investigators in 1993,it became clear the Fed had not been telling the truth... and, shortly thereafter, Fed Chairman AlanGreenspan ordered all verbatim tapes and transcripts to be destroyed.

But heres the thing.

Not everything was destroyed...

***FOMC TRANSCRIPT 3/21/1978***

The price of gold has risen more than 80% over the past year and a half.In the Feds spring Open Market Committee, Fed Chairman William Miller suggests two possible

ways to quell the rising gold price. Option # 1 is to sell large amounts of gold into the market specifically, by getting the U.S. Treasury to sell 300,000 ounces per month.


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Option #2 would be to simply suggest that the Treasury was going to unload large quantities of goldinto the market. You dont have to sell gold, Miller says, you just have to breathe [that you may]

one day.

In essence, Miller is telling the FOMC that the gold market can be manipulated by propaganda.

***FOMC TRANSCRIPT

7/6/1993***

In a Summer FOMC meeting, Fed Governor Wayne Angell expresses concern over a recent 20%increase in the price of gold. He talks about the desire for a low gold price and lays out how it can beachieved.

Angell states that the Federal Reserve determines the price of gold and that they can hold the price very easily... all they have to do is make interest rates and Treasury Bonds attractive enough tomake it unprofitable to own gold.


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The price of gold drops nearly 15% after the meeting:


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In fact, during the next Federal Reserve Open Market Committee, which took place a few monthslater, Governor Angell addresses the recent action in the gold markets:I recognize that the price of gold has come down from $400 to $371 and that really is a

factor that parallels the move that took place in the bond market; and that has worked

very, very well.

Now do you believe the Fed when they say they have not intervened in the gold markets?

The question is...

It is obvious that the Fed has manipulated the price of gold, but why?

And what, exactly does this have to do with you?

ou see, most Americans dont understand the historic and powerful role gold has played in

monetary matters for centuries.

Monetary experts at the worlds biggest banks look to gold as a barometer of the dollars real, intrinsicvalue. They see gold as the ultimate, final standard of value.

The worlds richest people and the worlds biggest banks are always looking for the strongestcurrency... and they frequently measure all currencies against gold.

To maintain the appearance of a safe currency, its critical that the Fed make sure the price of goldremains low. Or, at the very least, that it not go up too fast.

As you know, gold has risen suddenly and sharply recently. These moves came after a tenyear periodof increasing gold prices. These issues should matter to you because, if gold continues to spike higher,there could be terrible consequences for all Americans...

If the Fed suddenly loses control of the gold price... the dollar itself could crash, bringing down notonly our banks, but our entire consumptionled way of life.

Im publishing this report and trying to alert my fellow citizens of these risks.

Please... look at these facts carefully. At the end of this letter I ll discuss several ways to protectyourself.

But first... let me show you what Ive found about the Feds gold manipulation.


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My point is, if the world dumped the dollar, and all those foreign dollars came rushing back into theU.S., the money supply inside the U.S. would increase on a massive scale.

What would that mean for you?

Well, the purpose of this letter is not to scare you, but if the dollar lost its status as the world s reservecurrency, our current standard of living would be in serious jeopardy.

Billionaire investor Sam Zell, for example, recently estimated if such an event were to occur,Americans standard of living would decline by as much as 25%.

I personally think it would be much higher.

A collapse in the dollar would mean that everything

from food to clothes to gasoline

would costsignificantly more... and wages and other forms of income (like dividends and Social Securitypayments) I believe, would not keep pace with prices.

Of course, this doesnt take into account the massive amounts of inflation undertaken by the Fed inrecent years.The U.S. government intervenes in the gold market to make the dollar look worthy of being the

worlds reserve currency when of course it is not equal to the demands of that esteemed role. The U.S.government does this by trying to keep the gold price low, but this aim is an impossible task.

James Turk,Former Manager of the Commodity Department of the

Abu Dhabi Investment Authority

The rigging of the gold (and silver) price allows the continued existence of a falsely strong U.S.dollar, which the Fed has printed up over $1 TRILLION of this year.

Jason Hommel,Precious metals analyst

And what about the second reason for the Federal Reserve to manipulate the gold price?

ou see, not only does suppressing the gold price artificially inflate the value of the dollar...

But because of this inflated value, the Fed can effectively create as much money as it wants.

An artificially strong dollar persuades the public that an intrinsically worthless currency like thedollar is healthy and in working order.


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So the Fed keeps the printing presses on...Its a Central Bankers dream to be able to print all the paper money they want, without affecting theprice of real tangible assets...

By suppressing the price of gold, which historically has been the benchmark of value between paperassets and real assets, you can perpetuate a global fiat money scheme where the Central Banks cancreate as much money as they want without serious repercussions.

Craig HarrisPresident,

Harris Capital Management, Inc. CTA

And if you think this isnt happening, just consider these littleknown facts:

Before the Lehman Brothers crash of September 2008, it took the Federal Reserve 13 years and 8months to double the currency and reserves in U.S. banks.

But then after the Lehman Brothers crash, it took the Fed just 3 months to double the money supply.

In other words, the Fed accelerated the pace of inflation by a factor of 45 to 1, in just 3 months time!

Do you see just how dangerous this is to not only our economy but our entire way of life?

My question is: How could the Fed possibly create so much money, so fast... with so little concernover what would happen to the value of the dollar?

The answer, we believe, lies in the gold markets.

So, how exactly do they do it? How could they possibly suppress the price of gold and get away withit?

Ill show you...

The Means

The Fed essentially has 2 tools at its disposal.

Secret #1: Shorting GoldIn 1980 we neglected to control the price of gold. That was a mistake.

Former Fed Chairman, Paul Volcker

On April 11, 2010 a former Goldman Sachs trader named Andrew Maguire came forward with astunning accusation.

In an exclusive interview Maguire told theNew York Post:JP Morgan acts as an agent of the Federal Reserve; they act to halt the rise of gold and silver againstthe U.S. dollar. JP Morgan is insulated from potential losses [on their short positions] by the Fedand/or the U.S. taxpayer.Selling gold futures or shorting gold is a bet that the price of gold will go down. The more shortpositions there are the more downward pressure it creates on price.

Its just like in the stock market. For example, short positions in Nokia the popular mobile devicecompany increased more than 50% in February 2011. Its share price plummeted 26% that month even after news came that Microsoft would pay Nokia billions of dollars to adopt Windows Phone 7.

Thats the power of short position.


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So what did Maguire reveal about the short positions in the gold markets?

Well, through a series of emails to regulators at the CFTC (the Commodities Futures TradingCommission), Maguire warned of huge upcoming price movements in the metals markets, which hesays were authorized by the Federal Reserve and executed by JP Morgan.

In an email dated February 3rd, 2010 Maguire gives the CFTC a heads up for manipulative eventsignaled for Friday February 5 designed to dramatically reduce the price of gold and silver.

Maguire says through an accumulation of massive short positions an effort will be made to...illegally drive the market down and reap very large profits. Smaller investment bankers, such asMaguire, will be invited on board, which will further add downward pressure.


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What happened next?

Well, when you look at the price charts immediately following Maguires February 3rd email, there isclear downward pressure in the price of gold.

In fact, theres a downright nosedive.

It drops 5.1% over the next 2 days.

Just enough to hold the price... but not enough to draw unwanted attention.

How could Maguire possibly know about these events beforehand?

Bill Murphy, chairman of the Gold AntiTrust Action Committee says its not by chance:It would not be possible to predict such a market move unless the market was manipulated.Still, the CFTC has done very little to investigate Maguires claims.

This is especially strange since Maguire is not the only industry insider stepping forward with thesetypes of accusations:JP Morgan is a leading member of a cartel holding huge net short positions in gold derivatives and

who therefore have a vested interest in holding down the gold price and, in collusion with centralbanks, who are fighting to defend the fiat money system, dump gold on the market whenever it looks

like it will break through a key chart point.Clive Maund,

Precious metals analyst


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So how does the U.S. government manage the gold price? They recruit Goldman Sachs, JP MorganChase and Deutsche Bank to do it, by executing trades to pursue the U.S. government s aims. These

banks are the gold cartel... The cartel acts with the implicit backing of the U.S. government to absorball losses that may be taken by the cartel members as they manage the gold price and further, toprovide whatever physical metal is required to execute the cartels trading strategy.

James Turk,Former Manager of the Commodity Department of the

Abu Dhabi Investment Authority

The manipulation/capping of the gold price is largely accomplished by appointees of the U.S.Treasury/Federal Reserve selling staggering amounts of gold futures on exchanges...

Ron Kirby,Independent Financial Journalist

And heres something else to consider...

According to figures from the Office of the Comptroller of the Currency (OCC) the body thatcharters, regulates, and supervises all national banks JP Morgan had over $163 BILLION of goldderivatives [bets on the future price of gold] as of December 31, 2010.

Of course, we dont know whether their position is long or short gold. The OCC does not report thosenumbers.

But thats not whats important here.

ou see, what I find particularly interesting is that JP Morgans position represents more than 85% ogold derivatives held by all U.S. banks.

In other words, JP Morgan is placing more bets on the future price of gold more than any other bankin the U.S... by an incredibly huge margin. In fact, theyve held the top position for nearly a decade.

My question is, why does one bank one that has particularly strong historical and financial ties tothe Federal Reserve consistently hold the largest amount of bets on the future price of gold out oall the banks in the United States?

Remember...It was the Federal Reserve that gave JP Morgan $30 BILLION in TAXPAYER funds to help it buyout investment giant and rival Bear Stearns in 2008 for just a fraction of its true value.


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It was the Federal Reserve that selected JP Morgan to serve as custodian for its program to buy$500 BILLION in mortgagebacked securities... a move that essentially gave JP Morgan the entireU.S. mortgage market!

ot only that, but JP Morgans CEO is a Class Adirector of the Board of Directors of the New Yorkbranch of the Federal Reserve.

Do you think its unreasonable to assume that JP Morgan is working as a representative for theFederal Reserve in the gold markets?

While you ponder that thought, let me show you the second way the Fed is suspected to intervene inthe gold markets...

Secret #2: Gold LendingThe second way central banks can have an influence on gold is through the lending of some of theirgold in the lease market. Central banks have expanded their leasing activities over the recent years,seeking an improvement in the return on their holdings. Actually, central banks are the dominantplayers in this relatively narrow market.

JeanFranois RigaudyHead of Treasury, Bank for International Settlements

2004Another tool the Fed has at its disposal is something called gold lending.

Neil Ryan, Director of Economic Research at Blanchard and Company, explains how gold lendingworks:

A central bank loans a bullion bank [like JP Morgan or Goldman Sachs] some amount of goldwith a lease rate and length of loan term attached to the contract...

The bullion bank immediately sells the gold into the market and invests the profits of the salesin securities with a higher rate of return, such as government longterm bonds...

Central Bank gold loaned into the market is a major source of supply.

The levels of gold loaned in the market can significantly impact the price...So how much gold has the Fed lent out?

Heres the thing.

We just dont know!

ou see, most Americans probably dont realize that the Federal Reserve is not a governmentinstitution.

In a rarelypublicized court case, Lewis vs. United States, (1982), the United States Court of Appealsfor the 9th circuit ruled that the Federal Reserve banks are independent, privately owned and locallycontrolled corporations.


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In other words, the Federal Reserve is an independent corporation owned by individuals who profitfrom ownership of shares... and they are required to make public only a fraction of their financialdealings.

The point Im trying to make is this: When it comes to leasing gold into the markets, the financial,accounting, and inventory records of the Federal Reserve are none of your business!

According to George MillingStanley, Manager of Gold Market Analysis for theWorld Gold Council:There are no official [goldreserve] reports... The central banks are under no obligation to report

what they lend into the market, what they place on deposit and what they do with their swaps.

The late Murray Rothbard, Former Academic Vice President for the Ludwig von Mises Institute andrenowned economist, put it this way:The Federal Reserve System is accountable to no one; it has no budget; it is subject to no audit; noCongressional committee knows of or can truly supervise its operations.This is why you see so many politicians, like Texas Congressman Ron Paul, calling for a completeaudit of the Federal Reserve System.

The bill would eliminate restrictions on the audits of the Federal Reserve.

Despite the Feds lack of transparency, there is some evidence of what may actually be going on.

In the late 1990s, for example, a wellrespected financial analyst and economist named FrankVeneroso began noticing strange movements in the gold markets.

In short, it was while researching supply and demand data that Veneroso found large quantities ogold were entering the market, but were NOT being accounted for by the major gold reportingagencies.

How much unreported gold was entering the market?

According to Veneroso, as much as 16,000 tonnes over a 10year period. Or more than 564 million

ounces of gold.

The only source capable of adding this much gold into the markets, says Veneroso: The vaults ocentral banks.

The astonishing thing is, practically no one in the U.S. government or financial community is payingattention to Venerosos work...

Keep in mind, Veneroso is not some rightwing conspiracy theorist. He is one of the worlds mosttrusted, sought after financial analysts. His client list is a who s who of global financial institutionsincluding the World Bank, the International Finance Corporation, and The Organization of American

States. Not to mention, the Governments of Brazil, Korea, Mexico, Peru, Portugal, Thailand, Venezuela and the United Arab Emirates have all hired Veneroso for his work in finance andeconomics.

In 1998, he authored The Gold Book Annual, probably the most comprehensive analysis of the goldmarkets ever written.

Few people know more about the gold markets than Veneroso.

He says:I find it extremely annoying that there is a hell of a lot of obvious evidence out there that something is

happening in the gold marketthat there are very large supplies coming into the marketlargerthan the consensus would claimand no one is willing to discuss it.


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Well, no matter what you believe about the Federal Reserves role in the gold markets... heres thething Id like you to remember:

Whether you think the Fed is 100% telling the truth... and you believe they have no interest insuppressing the price of gold...

Or even if you think that theyre involved somehow, on some level...

There is one simple fact that NO ONE can deny.

It all boils down to one thing.

And that is: Is the dollar price of gold depressed right now?

And the answer to that is: Yes, undeniably so.

How can that be, you are probably wondering?

After all, the price of gold is up more than 400% in the past decade.

There are two shocking statistics that help prove the point clearly, that gold prices are being

artificially depressed.

The first is that over the past decade, the gold price has only gone up more than 5% in a single tradingday... on only three occasions.

In other words, over the past 10 years out of more than 2,500 trading days the price of gold hasonly gone up over 5% just three times.

And one of those days was September 11, 2001.

Keep in mind: Weve been in a gold bull market for the past 10 years.

But heres the thing. Maybe this is normal behavior for precious metals and commodities, right?

After all, this could be par for the course.

Well, when you look at the same statistics for other valuable commodities over the same period oilrose more than 5% on 53 occasions... silver 29... copper 22... and nickel 64 it becomes quite obviousthat something has to be holding back the gold price.

Could any rational person look at these numbers and think that gold was NOT being artificiallydepressed?There has to be a force greater than normal market conditions that has repressed the price of gold.

Craig R. Smith,Founder, Swiss America Trading Corp.But get this...


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Theres even more compelling evidence of gold price suppression.

And that is, the dollar price of gold is nowhere near as high as it should be...

Even at $1,500 an ounce... $3,000 an ounce.

How can I possibly say that?

Here is the answer...

Where the price of goldshould REALLY be

ou see, one fundamental aspect that most people don t realize about gold is that, in a fiat currencysociety, the gold price has always risen to account for an increase in the fiat currency supply.

This simple fact has played itself out over and over again throughout history.

Let me explain what Im talking about...

ncient Rome: 1st Century A.D.

Romes currency the Denarius was the strongest, most reliable form of money in Ancient Rome.In the 1st century A.D. the Denarius consists of more than 95% silver.

But in less than a hundred years time, to accommodate growing welfare programs, numerous warcampaigns, and other government obligations (sound familiar?), Roman emperors begin debasingthe Denarius (mixing in copper and bronze) so they can mint more to meet the overwhelmingdemand.

By 284 A.D., the coins are nothing more than tinplated copper. The government is creating as muchas it can. And whenever they run out... they simply make more.

Inflation reaches unprecedented levels in the once great society.

Only one thing was able to keep up with the skyrocketing currency supply:

Gold.

A pound of gold is worth 50,000 Denari in 301 AD. Ten years later is rises to 120,000. In 324, it sworth 300,000 Denari. By 337, its up to 20 million Denari. And by mid century, to account for the

everincreasing currency supply, the gold price grows to a whopping 2.12 BILLION Denari.

Thats a gain of 42,400% in less than 50 years.

Do you see what I mean when I say the price of gold rises to adjust for the increase in currencysupply?

This is a cycle that has played out over and over again throughout history:1. A society starts out with currency backed by real assets such as gold or silver2. The government begins issuing symbols of gold and silver, like paper dollars or debased coinage

coinage mixed with copper or other base metals.3. The government increases this fiat currency supply to pay for war or government debts (inflation)4. The currency loses purchasing power


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5. Prices rise6. The public senses this loss and rushes back into gold and silver to protect their purchasing power.7. The price of gold gets bid up to meet the expansion in currency supply.Heres another example of what Im talking about.

Post World War I Germany

In order to pay the massive debts associated with the First World War, Germany takes its currency offthe gold standard. Citizens no longer have the right to trade in their currency for gold.

Germany begins massive amounts of fiat currency printing to pay off its war debts. According to theew York Times, by the beginning of 1923 the government has 33 printing plants churning out 45

billion marks a day. By November, that number reaches an incredible 500 QUADRILLION marks perday.

Between 1919 and 1923 Germanys currency supply increases from 29.2 billion marks to 497QUINTILLION marks (497 quintillion is the number 497 followed by 18 zeros).

The currency supply increases 17 BILLION times.

But heres the thing.

Only two assets keep pace with the massive German hyperinflation:

Gold and silver.

The price of gold corrects itself for the mammoth increase in currency supply, going up from 100marks an ounce in 1914 to 87 TRILLION marks per ounce in 1923.

Thats an increase of 87 TRILLION percent.

Silver follows a similar path.

Those who had their savings in gold and silver preserved their purchasing power.

Those who had their savings in Marks, lost everything.

Similar situations happened in 10th Century China with an incident they called flying money... in18th century France... 1940s Greece... 1920s Austria... 1990s Indonesia...


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The list goes on.

But the point Im trying to make is this: Here in America right now, the price of gold is nowhere nearthe supply of recently inflated dollars.

How do I know?

Just look at this.

The following graph shows the increase in paper dollars between 1984 and 2010. That is, the cash in

circulation plus bank deposits. During this time, the Federal Reserve increased the paper currencysupply by more than 10 times.

Thats over a 1,000% increase.

This data, by the way, comes from the Federal Reserves own website.

Now take a look at the yellow line. This line represents the value of all the gold held by the Treasurythe number of ounces held times the gold price.

In order for the value of all the U.S. gold to account for all the currency in circulation, these two lineswould have to meet.


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If that were to happen like it has in numerous other societies in the past the gold price wouldhave to increase to get this more than $9,200 an ounce.

And if you think the dollar is too strong for any of this to happen... or if you think,this type of thing

ust wont happen in America, just consider this fact:

Its already happened here. Twice.

For instance, in 1934 President Franklin Roosevelt debased the dollar and gold was allowed to floaton the open market (briefly) until it rose and hit $35 an ounce.

In doing so, gold righted itself to account for every dollar in circulation.

Then, in 1971, it happened again. President Nixon took the dollar off the gold standard. The price ogold was no longer pegged to the dollar. The dollar is now completely, 100% a fiat currency.

Almost immediately, gold rose to account for the increase in paper currency supply.


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But I want to point out something interesting that happens here.

ou see, not only does gold account for all the paper dollars in existence, but when you account for allthe newly outstanding revolving credit in the economy or credit card purchases, represented by the

blue line gold begins accounting for that too!

So, not only does the price of gold go up to account for the physical money supply, it also beginsaccounting for the supply of credit as well.

When all is said and done, the price of gold rises more than 2,300% between 1971 and 1980.

But what about the supply of credit in todays economy?

In other words, how much would the price of gold have to increase to account for that?

ou see, I already told you that to account for all the base money in circulation today, the price ogold would have to rise to around $9,200 per ounce.

But when you add to it all the revolving credit in existence the price of gold would have to go up waymore than that to meet the currency supply.


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How much higher?

When you add in the supply of credit just for it to do what it did in 1980 golds dollar price wouldhave to exceed $12,300 per ounce.

Incredible, right?

And thats only if NO MORE money is printed.

I realize you might think this is completely unreasonable right now. But remember, in the pastdecade, gold has gone up more than 400%... silver more than 800%. For gold to reach these prices it

would mean an additional increase of around 700%.

I dont think it is unreasonable in the least. Remember, 90% of the population still believes gold is abarbarous relic. These people own stocks, bonds, real estate, and mutual funds.


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But what happens when every American wakes up to the fact that gold is the only thing that is goingto keep up with inflation?

Prices are going to go parabolic.

The point of all this, of course, is that today, I believe the Fed is artificially depressing the price ofgold.

But, in the end, it doesnt really matter.

Heres why...

ou see, even if the Fed is trying to artificially inflate the dollars value through the manipulation ogold they cant do it forever.

Central Banks can only lease gold into the market for so long. Gold is a finite resource. Sooner or laterthe vaults will empty out.

Not only that, but the alleged short game is coming to an end too. This past fall the CFTC announcedan investigation in JP Morgan for silver price manipulation.

Furthermore, several metals traders are also suing JP Morgan. They allege that the banking giantengaged in the manipulation of the metals markets byamassing enormous short positions.

In short, if there is manipulation in the gold markets it will likely be coming to an end very soon.

John Embry, Chief Investment Strategist for Sprott Resources who s been researching the gold sectorfor more than 30 years, says:I would suggest that today central banks are discovering to their increasing discomfort what historyhas always demonstrated and that is that manipulation of the freemarket process ultimately fails.No amount of government interference and price manipulation can change the reality of the free

market over the long term.Now, you might be saying to yourself: This is great. Gold could go as high as $12,000! So it must be afantastic investment right now.

No, its not.

Heres the thing that 99% of people dont understand about gold.

Gold is NOT an investment at all.

It is simply a consistent and stable asset that retains its value over long periods of time.

But because we calculate the price of gold in terms of a currency (like Roman Denari, German Marks,French Francs, or U.S. dollars) its easy to PERCIEVE the gold price as going up.

It isnt.

All thats really happening is the dollar is purchasing less and less... and it s reflected in terms ohigher gold prices.

Dont think of it as gold going up...


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Think of it as dollars going down...

And THIS is a very bad thing.

Gold is simply doing what it is supposed to do as real money. It maintains and preserves yourpurchasing power against worthless fiat currencies.

Heres another way to think about it...

Lets say you decided to save $2,000 at the beginning of each year for the past 5 years.

So, on January 1st 2007 all the way until January 1st 2011 you set aside $2,000.

At the end of 5 years, youd have $10,000 in cash.

But heres the thing. Over the past 5 years the government has spent TRILLIONS of dollars on bank bailouts... the war on terror... the war in Iraq... and, not to mention, huge quantitative easingmoney injections into the economy.

As a result, the government has spent more money over the past 5 years than it has ever spent before.And this has dramatically decreased the value of your $10,000 in savings.


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By how much?

Well, since gold is widely considered a barometer for the value of the dollar, lets compare what wouldhave happened had you put the same amount of money into gold each year.

The price of gold in January 2007 was $637. This would have enabled you to buy 3.14 ounces of gold.

The price of gold in January 2008 was $836, enabling you to buy 2.39 ounces.

The price of gold in January 2009 was $875, enabling you to buy 2.29 ounces.

The price of gold in January 2010 was $1,097, enabling you to buy 1.82 ounces.

The price of gold in January 2011 was $1,416, enabling you to buy 1.41 ounces.

So, at the end of 5 years, youd have a total of 11.05 ounces of gold.

Those 11.05 ounces would now be worth $16,524.17 at todays spot price of $1,495.40 an ounce or$6,524.17 more than had you saved your money as cash.

That means the inflation over the last 5 years (calculating it via the gold price) has been a total of$6,524.17.

In other words, just by letting your money sit as dollars, you would have lost nearly 39.5% of yourpurchasing power.

So the purchasing power of the $10,000 you originally saved would have been reduced to roughly$6,050.

Shocking, right?

But get this...

If gold went to $12,300 an ounce today where some believe its supposed to be thatd mean thepurchasing power of your original $10,000 would have been reduced to just $740.

That means you would have lost roughly 93% of your purchasing power.

The point Im trying to make is this:Gold is great at preserving your savings... but it is not aninvestment you should use to INCREASE your savings.

es, you need to own gold and silver bullion... lots of it, if you want to protect your savings, and keep

up with what I see as the inevitable inflation that is going to destroy most Americans.

Let me show you what I recommend...

Gold is money

My name, by the way, is Porter Stansberry.

I run an independent financial research firm called Stansberry & Associates Investment Research. Wework out of a restored 18thcentury railroad barons mansion in the historic Mt. Vernon district oBaltimore, Maryland.

Today, we provide independent financial research to institutional and private investors in 130


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countries around the world.

ou may know of our firm because of the work we did over the last several years helping investorsavoid the big disasters associated with Wall Streets collapse.

We warned investors to avoid Fannie and Freddie, Bear Stearns, Lehman Brothers and GeneralMotors and dozens of other companies that have since collapsed. We even helped our subscribersfind opportunities to profit from these moves by shorting stocks and buying put options.

To my knowledge, no other research firm in the world can match our record of correctly predictingthe catastrophe that occurred in 2008.

But Ive put together this briefing for a very different reason.

ou see, I believe were in the midst of a major dollar crisis... one that will radically change the wayyou spend and save money. And Im telling everyone who will listen, how to protect themselves andeven prosper from this crisis.

The first step you should take to protect yourself is to convert substantial portion of your savings intogold and silver. Gold and silver have served as real money for thousands of years.

Gold, for instance, has retained its purchasing power for all recorded human history. Its a universallyrecognized and timeless store of value. Its natural properties have imbued the element with traits thathumans find intrinsically valuable and well suited to use as money: It s portable, divisible, anddoesnt corrode.

If I were to hide 10 gold coins today and leave them for my grandchildren, I have no doubt that in4050 years, my grandkids would still be able to use them to purchase something around $14,000 in

value.

Most importantly, gold cannot be printed out of thin air.

Even the U.S. military has packed its emergency survival kits with real gold coins. Why not Dollars,Euros, Yuan or any other paper currency?Because at all times... under all circumstances... gold remains money.Owning gold is simply the best way to protect yourself from extreme government currency creation(inflation)... and the falling dollar.

The bottom line is this: I know a lot of people have not yet purchased any gold at all... or have not yetput enough of their savings into precious metals.

Thats why my group recently put together a special Research Report that will show you everything

you need to know to successfully buy, sell, and own gold. Its called The GoldSavers Manual:How to Protect and Store Your Wealth with Gold.

In short, this report will show you:How much of your savings should be converted into gold...

Which gold and silver bullion coins are right for you...

Why some gold coins are better than others...

The best ways to buy, sell, and store your gold...

How to buy gold with ZERO dealer markup...


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But heres the thing. Its not the best one.

ou see, we know of several more companies that are just as good as Eldorado Gold in terms ofproven reserves, efficiency, and price.

These companies should skyrocket in the coming months and years, as the gold price goes inevitablyhigher.

Weve put everything you need to know in a special report called The Only Gold Stocks You Needto BUY Right Now.

This report, like The GoldSavers Manual: How to Protect and Store Your Wealth withGold, is also free of charge.

Let me show you how to claim your copies.

Where should we send your free reports?

The guy who put all this research together is a geologist I hired 6 years ago.

His name is Matt Badiali.

Matts been a geologist for his entire career. And hes been studying the precious metals and energyindustry for the past 15 years working on drill rigs... exploring mines... you name it.

>His research has been published in several scientific journals. Hes taught at threeprestigious universities. And hes presented his research at numerous industryconferences, including for companies like Anadarko and Exxon.

What it all boils down to is a lifetime of seeing how this industry works, from every angle.

Thats why a few years ago, I asked Matt to start putting his expertise to work in the world of finance.

Why?

Because I realized that someone with his level of expertise could make a killing in the markets especially now.

So he now spends every day analyzing the best investment opportunities in the energy and preciousmetals fields... and reporting his discoveries in The S&A Resource Report.

Over the past few years, Matts helped his readers cash in on many great opportunities in the energyand mining fields, which are seldom covered by mainstream news sources.

For example...

Jinshan Gold Mines 339%Rainy River 161%Northern Dynasty Minerals 322%Mag Silver 156%Silvercorp Metals 270%Petrobras 166%

eritas 101%TAC Resources 598%Southern Copper 119%


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Of course, anyone can cherry pick a few big winners.

What Im most proud of is the fact that as of the publication of Matt s May 2011 issue, he has 33recommendations in his portfolio. 26 of them are making money, with gains as big as 147%, 81%, 79% and 78%.

Why are Matts stocks booming?

These stocks have been doing well in part because of fears about the future value of the U.S. dollar.

I believe Matts portfolio will continue to lead our group in the months ahead as the dollar suffers itsinevitable decline.

To claim your free copies of The Gold Savers Manual: How to Protect and Store YourWealth with Goldand The Only Gold Stocks You Need to BUY Right Now the only thing Iask is that you take a norisk trial subscription to Matts resource and energy advisory, The S&AResource Report.

Of course, I cant say for sure ifThe S&A Resource Reportis right for you. But to help you decide,heres what I propose...

TryThe S&A Resource Reportfor the next 4 months and make a decision whenever you are ready.

Heres what I mean...

Simply start your trial subscription today, and youll have instant access to:

Research Report #1 The Gold Savers Manual: How to Protect and Store YourWealth with Gold

Research Report #2 The Only Gold Stocks You Need to BUY Right Now

Plus, every month youll receive Matt

s Resource Report advisory letter, delivered to you on the

second Tuesday of each month, first by email, then by regular mail too. You ll also receive our dailymarket reports, sent by email, also at no extra charge.

Over the next four months, take your time and decide if The S&A Resource Report is right for you. Ifnot, Ill send you a FULL refund, and you can keep everything youve received up until that point.

How much does The S&A Resource Reportcost?

I think its ridiculously cheap, especially considering all you receive, and the time, money, and effortwe put into this work. The truth is, just one of the investment ideas well share with you could help

you make many times the subscription price.

And its not just me saying this...Thanks to the S&A Resource Report Im way ahead of the game... Im up $31,552 for theyear.

Jim M., California

I have bought stock in the four companies you mentioned and as of today my profitsare in excess of $4,000. Far better results and profits than any previous service.

Jared P., Washington

I am up a little more than $1,500 on Royal Gold. Thats more than paid for mysubscription!

Chip H., Seattle


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Matt, I have used your advisories a lot. On Northern Dynasty Minerals I made 167%and on Parker Drilling Company 161%.

Karl B., Austin

The S&A Resource Reports value is unmatched, especially in our currentenvironment. Matts research consistently deals a winning hand. I would not hesitateto mention the Resource Report to any friend or colleague in search of reliable, robustreturns on minimal investment.

Greg M., UtahBefore I give you the details on how to get started, however, I d like to tell you about another way tomake a lot of money as the dollar crashes...

One more thing you can do...

Theres one more thing you can do to prosper in the coming months and years...

And thats to do the exact same thing with silver stocks as we recommend you do with gold stocks.

In short, you want to own the producers with the most silver in the ground verified by anindependent, certified mining auditor who can produce silver at the cheapest possible price.

Silver, as you may already know, is rising higher and faster than gold right now.

Its up more than 100% since September 2010.

And the best silver producers are absolutely exploding.

One of these companies, for example, has a PROVEN 17.1 million ounces of silver, which has beenindependently reviewed and verified by a third party agency.

But heres the best part...

The company produces this silver at get this a cash cost of negative $7.13 per ounce. Thisnegative cost is possible because of the profits it generates from its other mining operations.

There are very few companies like this right now.

As a result, this companys performance has nearly DOUBLED the silver price over the past 2 years.


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Matts been recommending this company since 2009. In fact, he still thinks it s an incrediblecompany today.

Thats why weve put together a special report called The Only Silver Stocks You Need to BUYRight Nowwhich details the best lowcost silver companies you can buy right now.

#1 on the list is the company I just described.

And youll have access to it, free of charge, as soon as you agree to take a trial subscription to MattBadialis monthlyResource Reportadvisory.

So how can you get started?

Subscribe Today

The price ofThe S&A Resource Reportis normally $99 per year.

But today Id like to offer you the chance to try Matts research for HALF OFF the regular price.

oull pay just $49.50 for an entire year of his work, including:

12 Issues of Matts monthly investment advisory newsletter, The S&A Resource Report, deliveredon the first Tuesday of each month.

Research Report #1: The GoldSavers Manual: How to Protect and Store Your Wealthwith Gold

Research Report #2 The Only Gold Stocks You Need to BUY Right Now

Research Report #3: The Only Silver Stocks You Need to BUY Right Now

Why so cheap?Well, I figure the best advertising for our research is to let you see the actual work and the results foryourself. And to encourage you to give it a try, Id like to give you the opportunity to reviewThe S&AResource Reportat one of the cheapest prices weve ever offered.

And remember: Youll have the next four (4) months to make up your mind.

In other words, you are only agreeing to try Matts work to see if you like it.

If not, no problem. Just let me know and I ll send you a full refund 100%. Everything you receivebetween now and then is yours to keep, our compliments.

To get started right away,Subscribe Now

Good Investing,

Porter Stansberry

Founder, Stansberry & Associates
http://www.stansberryresearch.com/pro/offer/1105OILPSIVD.asp?pcode=LOILM604http://www.stansberryresearch.com/pro/offer/1105OILPSIVD.asp?pcode=LOILM604http://www.stansberryresearch.com/pro/offer/1105OILPSIVD.asp?pcode=LOILM604http://www.stansberryresearch.com/pro/offer/1105OILPSIVD.asp?pcode=LOILM604


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P.S. I think what the government is doing right now is so dangerous, that I d like to do somethingIve never done before in the history of my business. In short, when you try a subscription to The

Resource Report, Id also Id like to offer you one year of my own investment advisory letter calledStansberrys Investment Advisory (SIA), absolutely free of charge. I ve covered a lot of veryimportant ideas in recent months, including assets you can own that you dont have to report to thegovernment... how to safely make a lot of money in the currency markets... and the #1 investmentasset you must own in a time of crisis (it has nothing to do with precious metals). I want you to haveaccess to these ideas right away, and at no extra charge. A year of my letter normally costs $99, but if

you sign up through this special offer its yours for free. See the order form for complete details.

P.P.S. In investigating the Federal Reserves role in the gold and silver markets we went right to theexperts... the top names in resources... analysts who ve spent years studying the Fed and its apparentmanipulation of the gold markets. During these interviews we learned stunning insights, details, andfacts from some of the most knowledgeable people on the subject. We simply didnt have the timeto discuss these details in this letter. Subscribe today and well include the full transcripts of theseconversations, called The Fed Transcripts, absolutely free of charge. These transcripts have never

been viewed by anyone outside of S&A and are only available to those who take advantage of thisoffer. To claim your copy and get started as a subscriber, click here.

Subscribe NowLEGAL DISCLAIMER: This work is based on SEC filings, current events, interviews, corporate press releases, and what

weve learned as financial journalists. It may contain errors and you shouldn t make any investment decision based

solely on what you read here. It s your money and your responsibility. Stansberry & Associates Investment Research

expressly forbids its writers from having a financial interest in any security they recommend to our subscribers. And

all Stansberry & Associates Investment Research (and affiliated companies), employees, and agents must wait 24

hours after an initial trade recommendation is published on the Internet, or 72 hours after a direct mail publication is

sent, before acting on that recommendation.

Stansberry & Associates Investment Research, LLC. 1217 Saint Paul Street, Baltimore MD 21202

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