Why didn’t someone tell me?

Thu, Jan 1, 2015 - 12:59pm

When I was 22 and working at a nuclear power plant I was assigned to work with an interesting guy, Richard. He was known as a “tax protester” and “conspiracy theorist.” I listened attentively to what Richard had to say. I was, after all, a captive audience, being an apprentice at the time. He told me all about the Rothchilds, the Bildergergers, the CFR, the new world order, the FED, and fiat money. Richard did not cheat on his taxes, he just refused to file a 1040. He did pay tax, claiming single and zero to have the maximum amount of income tax withheld each year, and then just did not file. The IRS was pissed at him, but never really came after him with vengeance. He was a gold bug. But it was 1982 and prices were down a bit. Silver had just popped its bubble. I went to the LCS and looked at 10 ounce bars of silver, but the premium was $2 each way. Silver would need to rise 40% for me to break even. I walked out, filed away most of what he taught me about conspiracies, and went on with my sheeple-life. Richard tried to tell me what was going on. I should have kept an eye on things.

But gold has been a store of value for a very long time, in all cultures!

I wish Richard would have taught me more about reading gold charts, advising me to start stacking, slowly and steadily in 1982. But he spent more time trying to convert me into a tax protester. Unfortunately, I linked the two together in my mind, decided not to fight the IRS, and let go of metal bugging also.

Be careful how much conspiracy stuff you try to warn others about! I was pretty smart back then and I couldn’t process it all or connect all the dots.

Later, in 2002, my wife and I, with two young-uns (ages 8 & 11) who needed room to play, decided to move from our downtown Victorian home in a small midwest town, out into the countryside on a few acres. Credit was easy. We found a wonderful home and then went to the bank and got our rubber stamp loan approval. After settling in, I received another raise at my university teaching job. Life was good for the Christmas of 2003 as we opened presents then played in the snow. The economy was strong and our budget had a nice surplus that we mostly used to pay off car loans and pay down the home mortgage. Our future looked bright. But something was going on that I did not know about.

Gold had become cheap, very cheap.

Silver was also cheap, very cheap. I got a whiff of its cheapness one day, looking briefly as some “walking liberty” half dollars in the coin shop areal of the local antique store. But I was thinking “collectible” and not investment. These coins were “smoothies.” Not interested. Alas! If I had only done some internet investigating for just 5 minutes… I would have recognized that the intrinsic value was greater than the fiat price.

In 2002, houses were rising in price while farmland in Indiana was reasonably cheap—1500 per acre for tillable land. So we bought 7 acres with two houses—a big one to live in and a little old renovated farmhouse to rent out. Life was good. But I wish someone back then had told me about gold!

I could have purchases an ounce per month without crimping our budget severely. And as the fiat value of gold began to rise over the next few years, I would have finally turned into a real metal bug.

But nobody told me about gold, about what was going on in gold—that the Bank of England had flooded the market in 2001, driving price way below mining costs. Why? Who cares…the stuff was cheap and you did not have to be a conspiracy theorist to recognize it. Besides, it takes too long to connect all the dots for people, and then they don’t get it and think you are crazy. So just show them your sensible side.

So that is my position today as I chat with friends and relatives.

I am telling folks what nobody told me in the 1980s and in the 2000s.

  • Precious metals are a great investment opportunity today! Stocks are at all time highs.
  • Metals are low—too low, given inflation rates.

Big time players recognize how low these prices are--China and a plethora of nations who are buying gold and repatriating what they have stored in NY & London.

The monopolized mainstream media is consistently dissing precious metals. Why? Just connect the dots.

Am I a charlatan for advising people to buy and hold gold, long term, as it is bottoming at the “out-of-ground” price? While one could make a valid argument with gold at all-time highs, you are on shaky ground to argue that claim today. And the news know-it-alls who call for $800 gold simply embarrass themselves, depending on their good looks and managed credibility for the force of their argument.

Land that will produce food can also be purchased on the cheap. Do you want to stay in the city where Police are shaking people down, too trigger happy, and now have military gear to back them up? … In the city where those dependent on government handouts have become a very large percentage of the population? We have seen how riots and looting can start very efficiently these days, thanks to texting and free phones. In the city where food depends in “just in time” delivery and even large stores can see their shelves go bare within hours of a storm announcement?

So I am telling friends to consider moving to the countryside (or picking up a second home, where you can be safer and produce food—not to mention the peacefulness and beauty). Commute to work while the game lasts. I sure wish I had bought that lot in an Arizona river valley for $4000 back in 1984. The same lot costs 20K today. I could have put a travel trailer on it and just got out of Phoenix a couple times per month to tend the fruit trees planted there. And I would have had an option.

For those of you immersed in city life, I hope you can make your home secure. But I do fear for what cities will turn into if the economy takes a big dive. Perhaps consider prudently buying a desirable acre or two out in the countryside and parking a small travel trailer there as a get-away. You may need it. Or, since the banks are still letting out a trickle of foreclosed homes in good areas, consider that. But you have to know what you want, where, then watch closely and make an offer the first day they hit the listing services. A trusty realtor can be a good friend in the purchasing process.

How about this place on 9 acres in the woods with a creek for 34K? Already has a well, septic and a structure. If you can handle living in a mobile home, it provides an option for you. These kinds of places are for sale throughout the US, and the bank-seller often takes a much lower offer if you have patience, are persistent, and don't offend the banker.

So I am telling friends & family, simply and straightforwardly to …

  • Consider purchasing metals—as an investment for now because the price is low—they understand that.
  • Consider purchasing a get-away place—relax, get away, enhance your life—they understand that.

What they do not understand is the FED, CFR, IMF, Bilderberger, globalist, Wall Street, corrupt, criminal, fiat-manipulating conspiracy.

All of us should provide ourselves reasonable options that enhance our lives now, provide choices if the future is more dismal than we can stand. Gold and land can store of your savings and provide food. Plant trees, build gardens, make your home more self-sufficient and secure. Merge into a smaller community. Make friends and gain their trust—both ways. Enjoy life. Sleep well.

I wish someone would have told me--clearly, succinctly, memorably, followed with sound, actionable advice.

One more thing… did you see this delightful article on ZH yesterday? The author is not a “survivalist,” but a “thrivalist,” discussing the virtues and practicalities of owning a cow.

About the Author


Safety Dan
Jan 5, 2015 - 9:39am
Jan 5, 2015 - 8:39am

German inflation hits five-year low in December

Inflation in Germany, Europe's biggest economy, slowed to just 0.2 percent in December, its lowest level in more than five years, and averaged 0.9 percent for the whole of 2014, data showed Monday. In a preliminary flash estimate, the federal statistics office Destatis calculated that German inflation stood at just 0.2 percent year-on-year last month, down from 0.6 percent in November.

The last time inflation in Germany was lower than 0.2 percent was in October 2009. Taking 2014 as a whole, inflation stood at an annual average 0.9 percent, Destatis calculated. The flash estimate is based on consumer price data for six key German states. Final data on the basis of all 16 German states are scheduled to be released on January 16.


Jan 5, 2015 - 8:27am

EU calls euro membership 'irrevocable' but renegotiable

BRUSSELS (AP) — The European Union's executive Commission says membership in the euro bloc is "irrevocable" but leaves it open to what extent Greece could renegotiate the terms after the Jan. 25 elections.

EU spokeswoman Annika Breidthardt said Monday that if the Greek elections call for a need to look again at the conditions of Athens' membership within the 19-country eurozone, "we will deal with that once the Greek voters have cast their verdict."


Jan 5, 2015 - 8:20am

Greece can leave euro, but must respect commitments: Hollande

PARIS, Jan. 5 (Xinhua) -- France's President Francois Hollande on Monday said Greek is free to exit from the single-currency bloc but the debt-ridden country has to respect its commitments.

"The Greeks are free to choose their own destiny. But, having said that, there are certain engagements that have been made and all those must be of course respected," Hollande noted.


Jan 5, 2015 - 8:19am

China urges U.S. to be cautious on Taiwan-related issues

BEIJING, Jan. 5 (Xinhua) -- The United States should be cautious how it approaches Taiwan-related issues, China's Foreign Ministry warned after Taiwan's " Economic and Cultural Representative Office" in Washington held a "flag-raising" ceremony on Jan. 1.

"We resolutely oppose the so-called 'flag-raising' ceremony held by the Taiwan authorities' organization in the United States and have already lodged solemn representations to the U.S. side," Foreign Ministry spokeswoman Hua Chunying said at a daily news briefing.

"We demand the U.S. side strictly abide by the one-China policy and the three China-U.S. joint communiques, and handle Taiwan-related issues cautiously and appropriately to avoid a repetition of such matters," said the spokeswoman.


Jan 5, 2015 - 8:17am

Indian gold, silver up on seasonal demand, global cues

NEW DELHI: Rising for the second straight day, gold prices today advanced at the bullion market in the national capital, largely in tandem with a firming trend overseas and increased buying by jewellers and retailers to meet wedding season demand.

Silver also recovered on increased offtake by industrial units and coin makers.

Bullion merchant said besides a firming trend in global market on Greece's political crisis, increased buying by jewellers and retailers to meet seasonal demand mainly kept gold prices higher.


Jan 5, 2015 - 8:14am

Hollande: Russia sanctions should lift ’if progress’ on Ukraine

PARIS: French President Francois Hollande said Monday that hard-hitting Western sanctions against Russia should be lifted if progress was made on resolving the Ukraine crisis.

"I think the sanctions must stop now. They must be lifted if there is progress. If there is no progress, the sanctions will remain," he said during an interview with France Inter radio station.


SilveryBlueDoctor J
Jan 5, 2015 - 1:58am

Wimmin Folk

You should listen to them. If they are confiding in each other, they are close and at least one of them is scared. You may have a stacker/prepper wife who can shoot a rabbit between the eyes from 50 paces, but if she is also comforting another wife who has fears/doubts and worries, you should value her above rubies because she also has the pulse of the community.

Do guys also confide or are you all so confident that you think everyone is on the same page? <-- see what I did there...

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Fred Hayek
Jan 4, 2015 - 5:33pm

@Dyna mo hum -- your first one has a corollary

If you say you're engaged in a "war on drugs" but you control the overseas nation that supplies the world's heroin and its production skyrockets after you take over you just may be the U.S. government.

Dr. P. Metals
Jan 4, 2015 - 3:51pm

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