RAW RADIO WITH “SOUTH IN THE MOUTH”
“Because I love the South, I rejoice in the failure of the Confederacy”
25 August 2011
Live Without A Net
SKYPE ADDRESS- agentinplace
YOU CAN LISTEN BY GOING TO:
RAW RADIO WITH “SOUTH IN THE MOUTH”
“Because I love the South, I rejoice in the failure of the Confederacy”
25 August 2011
Live Without A Net
SKYPE ADDRESS- agentinplace
YOU CAN LISTEN BY GOING TO:
Yo,Yo yo wake up texters, listen in Uncle Sam’s after more boogeymen
Dubya left Barack in a jam Way over in Afghanistan
So drop dat i-Phone get a gun
We’re gonna have a whole lotta fun
And it’s one, two, three, four What are we fighting for?
Not freedom or our fellow man Next stop Afghanistan
And it’s five, six, seven, eight
Open up those pearly gates cause there ain’t no need to wonder why
For oil we’re all gonna die.
Now Come McChrystal let’s move fast
Your big chance has come at last
Gotta kill all those towel heads
Though muslims aint who we should dread
Our robber barons now they’re the ones
Who blew the Towers to Kingdom Come.
Well Come on Wall Street
Don’t move so slow
Since 9-1-1 it’s go-go-go.
There’s plenty money to be made
Supply both sides with tools of da trade.
Just hope if they grab a bomb,
They drop it on Dick Cheney’s lawn
Well Come on mothers throughout the land
Send your child to Afghanistan.
Come on fathers, don’t hesitate,
Send ‘em off before it’s too late.
Be the first one on your block
To have your kid come home in a box.
Wave ba ba ba bye to the bus
Like Strummer said you’re one of us
Cold water in your face
Brings to you back to this awful place
Wave bye bye yeah wave bye bye
ARLINGTON, VA – NOVEMBER 11: U.S. Marine Sgt. Bryan Murry (R) is comforted by another Marine while kneeling at the grave site of his friend U.S. Marine Sgt. David Smith who was killed in Afghanistan, on November 11, 2010 in Arlington, Virginia. Smith died January 26, 2010 while serving during Operation Enduring Freedom. Families and friends visited Section 60 at Arlington Cemetery today to pay respects on Veterans day. (Photo by Mark Wilson/Getty Images)
ARLINGTON, VA – NOVEMBER 11: U.S. Marine Sgt. Bryan Murry kneels at the grave site of his friend U.S. Marine Sgt. David Smith who was killed in Afghanistan, on November 11, 2010 in Arlington, Virginia. Smith died January 26, 2010 while serving during Operation Enduring Freedom. Families and friends visited Section 60 at Arlington Cemetery today to pay respects on Veterans day. (Photo by Mark Wilson/Getty Images)
A million old soldiers will fade away
But a dream goes on forever
I’m left standing here, I’ve got nothing to say
All is silent within my dream
A thousand true loves will live and die
But a dream lives on forever
The days and the years will go streaking by
But the time has stopped in my dream
We all have our everyday hopes and fears
And you’ll find no exception in me
But that doesn’t get me through a sea of tears
Over life’s biggest tragedy
You’re so long ago and so far away
But my dream lives on forever
I guess I believe that I’ll see you one day
For without it there is no dream
You’re so far away and so long ago
But my dream goes on forever
And how much I loved you you’ll never know
‘Til you join me within my dream
30 Even youths grow tired and weary,
and young men stumble and fall;
31 but those who hope in the LORD
will renew their strength.
They will soar on wings like eagles;
they will run and not grow weary,
they will walk and not be faint.
Not a mention of the President of the United States. What is understood need not be discussed.
The Department of Justice produced it prior to the assassination of Anwar al-Awlaki. But they won’t release it.
Outside the U.S. government, President Obama’s order to kill American citizen Anwar al-Awlaki without due process has proved controversial, with experts in law and war reaching different conclusions. Inside the Obama Administration, however, disagreement was apparently absent, or so say anonymous sources quoted by the Washington Post. “The Justice Department wrote a secret memorandum authorizing the lethal targeting of Anwar al-Aulaqi, the American-born radical cleric who was killed by a U.S. drone strike Friday, according to administration officials,” the newspaper reported. “The document was produced following a review of the legal issues raised by striking a U.S. citizen and involved senior lawyers from across the administration. There was no dissent about the legality of killing Aulaqi, the officials said.”
Isn’t that interesting? Months ago, the Obama Administration revealed that it would target al-Awlaki. It even managed to wriggle out of a lawsuit filed by his father to prevent the assassination. But the actual legal reasoning the Department of Justice used to authorize the strike? It’s secret. Classified. Information that the public isn’t permitted to read, mull over, or challenge.
Why? What justification can there be for President Obama and his lawyers to keep secret what they’re asserting is a matter of sound law? This isn’t a military secret. It isn’t an instance of protecting CIA field assets, or shielding a domestic vulnerability to terrorism from public view. This is an analysis of the power that the Constitution and Congress’ post September 11 authorization of military force gives the executive branch. This is a president exploiting official secrecy so that he can claim legal justification for his actions without having to expose his specific reasoning to scrutiny. As the Post put it, “The administration officials refused to disclose the exact legal analysis used to authorize targeting Aulaqi, or how they considered any Fifth Amendment right to due process.”
Obama hasn’t just set a new precedent about killing Americans without due process. He has done so in a way that deliberately shields from public view the precise nature of the important precedent he has set. It’s time for the president who promised to create “a White House that’s more transparent and accountable than anything we’ve seen before” to release the DOJ memo. As David Shipler writes, “The legal questions are far from clearcut, and the country needs to have this difficult discussion.” And then there’s the fact that “a good many Obama supporters thought that secret legal opinions by the Justice Department — rationalizing torture and domestic military arrests, for example — had gone out the door along with the Bush administration,” he adds. “But now comes a momentous change in policy with serious implications for the Constitution’s restraint on executive power, and Obama refuses to allow his lawyers’ arguments to be laid out on the table for the American public to examine.” What doesn’t he want to get out?
Every normal man must be tempted,at times, to spit on his hands, hoist the black flag, and begin slitting throats.
H. L. Mencken
COLONEL SIXX: THE DEATH OF FIAT(PAPER) IS NIGH. WHEN THIS GREECE DEAL GOES BUST AND WE FIND OUT HOW INVOLVED THE UNITED STATES IS INVOLVED WITH THE EUROPEAN BANKS, THERE IS GOING TO BE TROUBLE!
THE BANKS OF EUROPE ARE INSOLVENT-BROKE. THESE VIDEOS TELL THE WISE QUIET A BIT. GET YOUR GOLD, IF YOU CAN AFFORD TO. I AM ALL SILVER. ONE MORE TRADE AND I AM OFF THE BOOKS.
THE IRAQI DINAR IS GOING TO BE GOLD BACKED. WE WENT INTO IRAQI IN ORDER TO A FINANCIAL CENTER IN THE MIDDLE EAST. THE KURDS IN THE NORTH ARE SELLING OIL TO TURKEY. KFC, McDeath-formerly known as McDonalds-DEATH IN A BOX (JACK). IT IS THERE.
VICTORIA’S SECRET HAS BEEN TOLD TO THE IRAQI PEOPLE. THEY ARE GOING TO BE THE FINANCIAL CAPITAL OF THE ENTIRE WORLD. WHY WOULD YOU NEED A WORLD TRADE CENTER IN A PLACE WHERE THERE WILL SOON BE NO WORLD TRADE?
So many ways to calculate!
You will often read how various experts in the financial press will say that the gold price “should be” about $2000/oz., to $3000/oz., or slightly higher. But what they almost never say is how they arrived at their figures, and what assumptions they are making.
The reality is that the gold price, today, given today’s conditions, should be about what it is right now.
But conditions are likely to change, and change dramatically, and can change very quickly. The conditions that are mostly like to change the most quickly are people’s perceptions and understanding of the reality of the dangers of theft due to inflation.
The US Federal Government is spending about $1.6 trillion more than they take in from taxes, which is $1600 billion, which is $1,600,000 million, which is $1,600,000,000,000 dollars. The news on TV this morning said that the US national debt increased by $400 billion in the last 3 months, which confirms the numbers. They are not able to fix this problem anytime soon. This problem could not be fixed even if they taxed incomes at rates of 100% per year. And they are mostly just printing this money, which creates inflation, which means that prices will go up, for everything, including, and especially, for silver and gold.
Today, very few people in the USA understand that they need silver and gold, and that is likely to change, and historically, those kinds of attitude changes happen very quickly, which result in dramatic and very sudden increases in the prices of silver and gold.
Today, in the USA, only about $3.5 billion is being spent annually on silver, (estimated at 100 million oz. x about $35/oz.) and only about $3.4 billion is being spent annually on physical gold (estimated at 2 million oz. at about $1700/oz.), for a total of only about $7 billion spent on precious metals to protect itself from inflation.
But the USA has about $18 trillion of cash, savings, and short term bonds in the banking system, which can also be expressed as $18,000 billion, $18,000,000 million, or $18,000,000,000,000 dollars.
So, mathematically the reality is that new money creation is about $1600 billion, out of $18,000 billion, which is an annual increase of nearly 9%, and yet only $7 billion out of $1600 billion of new money creation is being spent on precious metals, which is only 0.4%, or expressed another way, is only $1 out of every $229 dollars of newly created money being spent on silver and gold, and only $1 out of $2,571 of money in the banks is being spent on silver and gold, which is only 4% of 1%.
So, currently, this is next to nothing compared to the avalanche of money that is going to be spent on silver and gold.
So, we could ask ourselves the following questions:
1. What is likely to happen to the gold price in the event that 1% of money in the USA were to be spent on gold and silver in a year.
2. What if 10% of the money in the USA were spent on gold and silver in a year?
3. “What if 10% of the money in the world were spent on gold and silver in a year?”
4. “What if 100% of all paper money had were to be spent on gold and silver in a year?”
5. “What if 100% of US paper money had to be backed by all the official US gold?”
6. “What if 100% of US paper money had to be backed by all the US gold that the US government is likely to have left?”
See, the gold price will be dramatically different, given the different assumptions, as follows.
First question. What if 1% of money in the USA were to be spent on gold and silver in a year? Money in US banks is about $18 trillion. 1% is $180 billion. This is 26 times what the USA currently spends on silver and gold, which is only $7 billion. The entire world annual gold market production is about 75 million oz.. The USA buys only about 2 million oz. of that. The USA spends about half on silver, and half on gold. What if that continues? Well, if the US spent $90 billion on gold, at $1700/oz., that would be 53 million ounces. Clearly that kind of new demand would push up the price, probably to triple the current price, taking the gold price to $5100/oz. For silver, $90 billion at $35/oz. would buy 2.6 billion ounces. But here we have a major problem. World silver production is only 0.7 billion ounces, or 700 million ounces. Furthermore, there is no large above ground stockpile of silver, as most has been consumed by industry, and furthermore, most of the silver market is already being consumed by industry, leaving very little left over for investors to bid over, which is only about 150 million oz. left over for investors. But let’s assume that industry gets squeezed out, leaving 300 million oz. available for investors who wish to spend $90 billion on silver. This gives us an easy calculation for the price, which is $90 billion divided by 300 million, or .3 billion. So, 90 / .3 = $300/oz. for silver.
But those numbers are extremely unrealistic. Only 1% spending money on silver and gold? Really? Not likely, it’s likely to be far more. Conditions of inflation are only likely to change when interest rates are as high as the annual increase in the silver and gold prices, which are above 20% per year. After all, why earn 1% in bonds if you can earn 20% in gold?
Second question. What if 10% of money in the USA were to be spent on gold and silver in a year? This would be $1800 billion. Half into gold would be $900 billion. With world annual production at 75 million oz. If the USA bought half of world production, that would be only 37.5 million oz. $900,000 million / 37.5 million oz. is $24,000/oz. for gold. If $900 billion were to be spent on half of world annual silver production, that would be only 350 million oz., which would lead to a price of $2,571/oz. for silver.
Third question. What if 10% of money in the world were to be spent on gold and silver in a year? World money is about $60 trillion. 10% would be $6 trillion. If half were to be spent on total world gold production, that would be $3 trillion spent on 75 million oz., which leads to a price of $40,000/oz. for gold. If $3 trillion were spent on 700 million oz. of world annual silver production, that leads to a price of $4,286/oz. for silver.
Now, the interesting thing about rising prices, is that they tend to attract more money, because everyone wants in on it. People today who think silver is expensive at $35, will be scrambling to buy silver as it just keeps relentlessly climbing. For two reasons. First, they will recognize that dollars are just used paper, like newsprint, and they will be fearful to hold them as their values just keep going down, and fast. Second, they will want to become wealthy, and they will see that they only way to do that is through owning real wealth of silver and gold. So, this leads us to the inevitable question, the 4th question, what happens when the entire US money supply is spent on silver and gold, over a nice, slow pace, of over an entire year. Now, think about that again. This is still well before hyperinflation really kicks in, well before people are spending their entire paychecks on silver and gold the instant that they get paid, and well before the government starts printing new money with several more zeroes at the end of it.
So, 4th question, what if 100% of US money is spent on silver and gold in a year? $18 trillion, or $18,000 billion. Half for gold is $9,000 billion, spent on, say 2/3rds of world gold production of 75 million oz., would be 50 million oz. $9,000,000 million spent on 50 million oz. leads to a price of $180,000/oz. for gold. And if $9,000 billion is spent on 2/3 of world annual silver production of 700 million oz., which is 467 million oz., that would be $19,272/oz. for silver.
But let’s assume that the US government tried to prevent that from happening. Let’s assume that the government would be smart enough to back all US currency with the official US gold, at a rate that would give the dollar a 100% gold backing. (I know, kind of a crazy assumption to assume that the government would be smart, but let’s assume anyway.) The point of considering these numbers is that, in theory, the US government could stop runaway inflation with a 100% gold backing and a balanced budget, but given today’s political climate, that’s currently impossible. But let’s say the Tea Party wins a full sweep of both houses of congress and we get Ron Paul as president, and let’s assume that instead of trying to return to the gold standard, he tries to simply prevent runaway inflation with full 100% gold backing all dollars in all US bank accounts. It’s a very simple calculation $18 trillion divided by 261 million oz. of official US gold = $68,966/oz. Given the previous calculations, silver could hit a 10 to 1 ratio to gold, which would be about $7,000/oz. This is what the gold and silver prices “should” be, given the givens of honesty, and living up to the basic pledge of FDIC “government” insurance on all bank accounts.
Ah, but finally, many people reasonably expect that the US has already sold off a lot of the official gold to protect and defend the dollar at current low gold prices, which is more consistent with government reality and stupidity and rising gold prices. In that event, the dollar is like burnt toast, and there will be no stopping the coming runaway gold price increases.
The reality is that we live in an age of deception, because the dollar is a deception. Over the entire last 12 years of the gold bull market,
Our prices for gold and silver have never been lower. Our current low prices are limited to about the next $300,000 worth of customer orders, so get your order in quickly, before prices move back up.
See our new lower prices at www.jhmint.com . We are now selling bags of junk silver at 0.3% over spot!!!
Although you’d never know it based on silver prices, silver mining stocks fell behind years ago and have struggled to catch up.
Silver is a crucial component in the manufacture of so many things we depend upon in modern society, and as such, will be only minimally affected by a global economic slowdown.
With a growing industrial demand and the reality that the silver mining industry is not able to meet it, it seems obvious that silver prices are poised to go up…and yet no one in the mainstream wants to believe it!
Silver has been mined for over 25,000 years. Widespread soon after the Roman conquest of the first century AD, mining of silver was a driving force in the settlement of western North America. The first major silver ore deposits in the United States were discovered at the Comstock Lode in Virginia City, Nevada, in 1859.
I believe strongly that silver mining stocks are not a good bet for most silver investors.
All newly-produced silver is already spoken for by industrial demand. Therefore, the only real silver available for new investors is the sale and resale of silver by existing silver investors.
Yes, it is true that mining stocks can potentially move up much higher, faster, and at greater percentages relative to the spot price of silver. But they can go the other way as well. And unless you have money that you can gamble with an afford to lose you must to consider the downside.
In addition to trying to meet an incredible demand, world silver miners are facing a rough road ahead. Entangled in the roots of financial mess, environmental impacts, and manipulated prices, many mining operations have already been or soon will be nationalized. This will be devastating for people who own stock.
But remember, futures, options and ETFs and mining stocks are much easier to buy and sell than real silver.
Since the big gains come with long-term positions, the fact that physical silver forces you, more than any other form of silver, to hold is a very good thing and why coins are essential.
Gone are the days when there was universal talk of inexhaustible inventories of silver. The depletion of thousands of years of accumulated silver inventory has resulted in rarity and scarcity of above-ground silver available for small investors. We’ve had a consumption deficit lasting more than half a century.
We are in the midst of the perfect storm. With growing industrial demand, increased investment demand, a shortage of retail silver, and a serious financial crisis, the retail market for silver has tightened like never before.
The continued debasement of the dollar in a crumbling world financial situation is slowly turning the herd toward silver at a time when there has never been so little for investment!
My focus is on silver coin investing because it is the safest form of silver that you can own.
Get your silver coins now!