Thursday, July 31, 2014

Permaculture-My Land in Costa Rica

Here's a video of Brendon McKeon at Serenity Gardens EcoVillage where he's designing permaculture lots for the owners of the land there.

We have hired him to design and build our lots where we will end up (one day).

You can learn more about him and his farm here.

No, Peak Oil Is Not Real......Or Is It????

Exxon Falls After Reporting Lowest Output in Five Years

Exxon Mobil Corp. (XOM), the world’s largest energy company, fell after reporting oil and natural gas production declined to the lowest level in almost five years.

Exxon dropped 1.8 percent to $101.43 at 9:42 a.m. in New York, the biggest intraday decline in five weeks. The company’s oil and gas output decreased 5.7 percent to the equivalent of 3.84 million barrels a day, the lowest since the third quarter of 2009, according to data compiled by Bloomberg. Exxon had been expected to post output equivalent to 3.96 million barrels, based on six analysts’ estimates.

Remember that 2005 was the year of highest production of liquid fuels ever. Three years later the market recognized it and the global economy crashed. This is the backdrop of everything you see and experience. It is the most important factor in your life you are barely aware of.

Wednesday, July 30, 2014

One of My Favorite Gold Royalty Companies

Sandstorm Gold w/CEO Nolan Watson

I do own shares in this company and I am not paid by them.

Friday, July 25, 2014

Another Airliner Shot Down

Just for perspective……

An American naval warship patrolling in the Persian Gulf has shot down an Iranian passenger jet after apparently mistaking it for an F-14 fighter.

All those on board the airliner - almost 300 people - are believed dead.
The plane, an Airbus A300, was making a routine flight from Bandar Abbas, in Iran, to Dubai in the United Arab Emirates.

The USS Vincennes had tracked the plane electronically and warned it to keep away. When it did not the ship fired two surface-to-air missiles, at least one of which hit the airliner.

Navy officials said the Vincennes' crew believed they were firing at an Iranian F14 jet fighter, although they had not confirmed this visually.

No survivors
The plane blew up six miles from the Vincennes, the wreckage falling in Iranian territorial waters.

Iranian ships and helicopters have been searching for survivors but none have so far been found. Iranian television broadcast scenes of bodies floating amid scattered debris. 

Iran has reacted with outrage, accusing the United States of a "barbaric massacre" and vowed to "avenge the blood of our martyrs".

President Reagan said the Vincennes had taken "a proper defensive action" and called the incident an "understandable accident", although he said he regretted the loss of life.

I will never apologize for the United States — I don't care what the facts are... I'm not an apologize-for-America kind of guy.
  • Statement as Vice-president, during a presidential campaign function (2 Aug 1988), commenting on the Navy warship USS Vincennes having shot down Iran Air Flight 655 in a commercial air corridor on July 3, killing 290 civilians, as quoted in "Perspectives", the quote of the week section of Newsweek (15 August 1988) p. 15; also quoted in "Rally Round the Flag, Boys" by Michael Kingsley in TIME magazine (12 September 1988)
  • "I'll never apologize for the United States. Ever. I don't care what the facts are," Bush told about 200 members of his newly formed Coalition of American Nationalities, a group with representatives of ethnic backgrounds from about two dozen countries. Bush attributed his indiscriminate support for the nation to his belief that the United States is "the only hope for freedom and democracy" in the world and that "no other country is strong enough to lead the free world." 

Ever wonder why the world is growing weary of the US?

Thursday, July 17, 2014

Will My Silver and Gold Be Confiscated?


Fear is a topic I want to address today. Why fear? Because fear is one of the most dangerous and inhibitive emotions that clouds rational thinking and leads to poor judgment. I am not claiming invulnerability to fear, but it must be recognized for what it is; the mind killer.

That being said this post is a direct confrontation to the fear mongers out there who either out of fear are advising silver bugs to stack silver bullion only or out of their own self-interest promote the same thing and they will gladly sell it to you. "Do not buy the shares in mining companies!" they say.

I disagree.

The "Big Three" I will mention, but will focus in on Chris. The three are 1) Chris Duane,, 2) Sean (?) from, and 3) John (?) at

Now first and foremost I have respect for all three of these men. Their cause is just and I truly believe they believe they are helping people and indeed their advice is not terrible; buy physical silver. However I believe their view points to be myopic.

This whole post was inspired by the chief proponent of the "stack bullion only" (SBO) club, Chris Duane from the blog.

Chris and I had an exchange on Youtube that has led me to put "pen to paper". His handle is "TruthNeverTold" and here is the exchange in full:

TheFinnmacool: The real money will be made in the mining shares.....

TruthNeverTold: You mean another paper, counter party risk asset that is highly sensitive to labor and energy prices is going to thrive in an era where currencies collapse because of lack in faith in the stock and bond market and the tremendous amount of debt governments have run up to prop them up? And will that just be before those same governments tax, regulate or confiscate those mines?
Invest in already mined silver, not more risk in the ground.
TheFinnmacool: Yes, that's what I mean. You are making a lot of assumptions that the mines will be confiscated. I believe that to be a ridiculous position.
You can take the whole, "everything paper will burn" extreme view too far. Who will manage these mines? The government? The governments of the world will take ownership of THOUSANDS of mining companies? Spare me. Will they tax gains. Sure, but what will you do with a couple thousand ounces of silver? Sell it to who? Deposit the check where? Or are you now going to tell me you are going to be spending that silver? You'll buy a business or rental homes with it in a private transaction? No, not likely.

And let's say you did. Maybe by some moonshot silver will be money again. If that's your view you're totally full of it because in that situation there will be NO confiscation of mines. There will be NO windfall tax on share gains. How will the government on one hand say silver is money and on the other tax a certain group of people..?

Of course owning the metal is critical. I've stacked physical for over 5 years now and am now building positions in the mining shares. I am recommending that to others.

There's a large group of silver bulls that have fixated on a certain idea over the last few years. I believe it to be wrong and not well thought out. If I am wrong I'll admit it but I'll still be fine. If you guys are wrong, you will have lost a lot of people a lot of money for residing in fear in your minds.

"Never take counsel of your fears." Stonewall Jackson.

End dialogue. Chris never responded.

Where to start without belaboring already stated points?

Will the government confiscate or tax heavily the silver/gold mines or the owners of said metals?

I think that confiscation of mines is next to impossible bordering ridiculous. Will they tax profits? I think the better question is, what won't they tax.

But let's think this through. As I mentioned in my Youtube post, are we to believe that governments are going to confiscate the thousands and thousands of existing mines? Well, how many mines were confiscated in the 80's? This was a time when the world was in great fear as the dollar itself was thought to be on death's doorstep. Gold went from $100 in 1976 to $875 intraday in 1980. Not one mine confiscated. What about the MASSIVE profits that were made in such a short period of time? Were those people punitively taxed for their "profiteering"? Nope.

So where's the precedent for confiscation? FDR in 1933? Maybe. But we were on a gold standard then. It could be justified, the goal being the increase of the money supply, NOT acquiring gold. Confiscation now would be very disorienting to investors and the world would abandon fiat currencies en masse ruining a several hundred year old plan to remove gold and silver from the monetary systems of western banks and hopefully, in due time, the whole world. Not likely. Were any mines confiscated? Homestake went from what, $5 to $400!! Surely that boon was hard to pass by. But they did. Left it right alone. Hell even Venezuela didn't nationalize mines. They instead mandated that they had first dibs on production. Anything they didn't buy could be sold on the open market. The US did the same thing with uranium in the 60's. They didn't confiscate the mines when their need was great.

Most sophisticated governments right now KNOW that they cannot operate in the mining business. IT'S NOT THEIR BUSINESS! Taxing is easier. TAXING is their business. Taxing is why Magna Carta exists today. Monarchies realized long ago that complex societies could not and would not be owned entirely by the state if you want any kind of productive economy. By allowing land ownership and the taxing of that land they created revenue streams and the revolts simmered down.

Here's a recent example of what happens when governments seize mines:

The Colquiri zinc and tin mine was expropriated from Swiss commodities giant Glencore in June last year following a dispute between rival unions.
During that month the mine's output was 429 tonnes of unrefined tin and zinc.
By December 2012, the monthly production rate from the mine reached only 337 tonnes – that's a 21% drop.
Over the same period, the state-controlled miner increased its workforce from 959 to 1,249 workers, an increase of 30%.
Morales said he was "very surprised" by the disappointing figures and characterized the developments at the mine as "worrying," but mentioned nationalization success stories in other sectors in the country, South America's poorest.
At the time the mine was seized Glencore said it had been planning $56 million of investment at Colquiri. source

Bye-bye $56 million investment. Woops. They've lost a LOT more since then. Confiscate mines and you lose investor base and the very product you are after diminishes.

Right now there's about 1% of the world's investments invested in the precious metals. Have you ever heard the phrase, "even bad publicity is good publicity"? Can you imagine the amount of attention that would be brought to the metals market if the government were to announce such a thing? Can you imagine the level of anger that would exude from the American people who DO own the metals and miners? Here you have a group of patriots who poured their savings into these instruments only to be stolen from them because of the financial profligacy of a group (all?) of CONgressmen? 1%, big deal right? Well that's about 3.5 million people, mostly armed. Think about that.

Now here's a situation that could arise that would totally blow Chris et al, right out of the water: what if they confiscate the metals and NOT the miners? Woops!

So if the metals get confiscated and governments start buying first issuance from these mines you will want to own them. And you better hope that the Feds don't subpoena Chris for all of his order history and then come knocking on your door (never fear, not gonna happen).

I could go on and on but I'm going to wrap this up with a point; investing in the miners is WROUGHT with risk. I would be remiss in not stating that. You will have to do your homework and put time in to discovering a mine you believe will be profitable.

However, if you are intellectually lazy, then these guys are for you. You will all sit around and talk about the end of the world and birds falling out of the sky and the return of Jesus and counting your stack (think about the irony there). But your fear which led to your cowardice will keep you from MASSIVE potential profits in the mining shares.

Here's one in my portfolio I like very much, Fortuna Silver Mine, of which I'm up 71.6%:

Here's another, Avino Silver and Gold, up 83% since this purchase:

If/when gold enters into the monetary system again most people of the world won't even know it. The way it's looking now, gold will be used at the highest governmental levels to settle trade deficits. The common man will be born, live and die and never know such arrangements were made. The jury is still out on whether or not the Gov's of the world can do this.

These guys ideas seem to be in stasis. I have continued to learn over the years and will change my opinion when needed. Indeed, if you want to see the progress of my thinking go back to some of my earlier posts. Some of them are quite comical as I've used this blog to document some of my ideas and things I found to be important along the way. But when new data is presented and you gain greater clarity on today's dynamic economic environment, you MUST change your views.

“Speak what you think to-day in words as hard as cannon-balls and to-morrow speak what to-morrow thinks in hard words again, though it contradict every thing you said to-day.”


Ralph Waldo Emerson

Friday, July 11, 2014

Will Mexico Monetize Silver?

It's long been stated by Hugo Salinas Price that Mexico was considering monetizing silver but there was central bank intervention and fear preventing the move.

Perhaps that's changing. Watch this video by Future Money Trends:

Tuesday, July 8, 2014

Repost: Pertaining to The New World Order

I originally posted this back in October, 2010. Very much worth revisiting. It shows you that what's happening today is simply a free-for-all treasury grab between politicians and bankers.

Monday, October 4, 2010

Pertaining to The New World Order

Wondering about the status of The New World Order.....

In this VIDEO, John Gray, speaking of paradigms, says that what we can count on NOT happening is a "New World Order".

This is taken, verbatim from the speech given at The Guardian's Capitalism in crisis events that took place at Kings Place, March 11th, 2009.

"There was talk, nearly ubiquitous talk, and some of it became the basis of action….among the safe hands who usually run these things…(mutterings)……there was talk of the Great Moderation….The New Paradigm…..Davos Man…..The Weightless Economy….The Long Boom…..nonsense from beginning to end..but lots of very sober, grave looking, wooden people….accepted it. So that period of opinion is gone for good. And the problem we face now is it’s not quite clear what’s going to replace it. What’s not going to replace it is some new universal paradigms. What’s not going to replace it is some New Global New Order either….because what I think we’re in for now is a period of great uncertainty….lasting a number of years. We’re only at the first stages of a protracted and deep shift, revolutionary in it’s implications which I myself think is not best compared with the 1930’s but with something more recent namely the communist collapse which changed things irreversibly. And I think the changes that have occurred in the United States with the implosion of it’s financial institutions are irreversible.."

Clueless. All of them. How will you protect yourself from the "uncertainty" promised you. The ruling class are on the run and that means YOU will suffer for it.

Monday, July 7, 2014

Is the Gold Price Manipulated?

"Well slap my thighs and call me for dinner!" Sure is.... it's systemic failure, not isolated. Not my words.

Watch this video and draw your own conclusions as to the EXTENT of the manipulation. It appears it HAS to unwind but they have no idea how to do it. My opinion is they know they have to release the price of gold and they are very concerned about who will be exposed.

Watch video here

Thursday, July 3, 2014

Reuters and Directed Messaging

Update 7/8/14: Still no response to date from Reuters....

The following article, as disturbing and confusing as it is in it's own right, is NOT open for public discourse on Reuters.

This is a classic example of the Main Stream Media (MSM) directing the flow of information in a way they want you to know it, not the way it is. This is similar to the Bloomberg hit piece about Germany NOT wanting it's gold back when that was never stated by Germany. That was Bloomberg's stance alone...

And apparently in this case, Reuters doesn't want anyone talking about it:

UPDATE 2-India central bank seeks to swap gold to improve reserves quality

 By Suvashree Dey Choudhury and Siddesh Mayenkar

MUMBAI, July 2 (Reuters) - India's central bank said on Wednesday it has sought quotes from banks to swap gold in its own vaults for international-standard gold, aiming to improve the management of its reserves.
The Reserve Bank of India said the operation would "standardise the gold available with RBI in India with respect to international standards" and the gold acquired would be delivered to its overseas custodian, the Bank of England.

By holding gold reserves in London, the RBI would gain flexibility to mobilise them if needed to defend the currency. It shipped some of its gold holdings to Britain in 1991 as part of a series of emergency measures to tackle a financial crisis.

Later in the article:

Market participants said the central bank was likely to offload its old gold onto the local market in India.

Full article here 

 Try leaving a comment on that article. Comments closed. Why? I went back to many older articles and the comments sections are alive and well. Two weeks ago? No problem. This particular article came out YESTERDAY!

I emailed their PR person Heather Carpenter but her out of office reply stated she will be out until 5/19. Of 2015???

Now why in the world would the RBI give ONE single ounce to the Bank of England when they know that gold will be promptly leased out to the bullion banks?

And why are they going to sell gold into the local market but buy more gold on the open market and "store" it in London.

This whole story smacks of desperation and strangeness.

India is demonstrating that they are either complete FOOLS when it comes to gold (which no one would believe) or they are getting in bed with their Western counterparts to keep the suppression of the gold prices alive. WELCOME MODI! YOU TOO WILL HAVE YOUR MORALS COMPROMISED! NAMASTE! Or whatever. Politics and the financial market will bend the moral will of even the mightiest Oak.

This is a strange position for them to be in given their superficial(?) alignment with the SCO, China, Russia and other BRICS nations that are collectively creating an investment bank that will compete with the World Bank for the development of emerging economies. A bank that is also encouraging the participants to transact in local currencies and specifically exclude the dollar from being used as an intermediary settlement mechanism.

Another thought about this situation comes to mind. The development of the SDR. Is India formally "buying" into the new SDR system? Is the gold they are giving to London buying them a chair or two at the table of the new monetary system?

It will be interesting to see how much of their gold they turn over to the City boyz so that it can be misappropriated. Are they doing this to appease the Western banks in the short term while they are strategically planning to align with the Asian currency block that is forming?

This move should be sternly looked at by the people of India. There is so much going on behind the scenes it boggles the mind. Prepare accordingly.