Balance (FAIR MARKET VALUE)

GROWING UP we have always been told eat a balanced diet

the best way to walk across a tight rope is to be balanced and also for those that rock climb it is better to be balanced than muscle you way through the rocks and ware your self out

because Nature is in a constant state of seeking equilibrium so is the market seeking balance.

Balance is such an important part of life so also is the market always seeking Fair Market value (balance)

if you try to control the Market it will only work for a limited time as The Fed cannot continue to print away the dollar it will cause catastrophic events around the globe as most of the reserves are spread to foreign countries holding our bonds 10-30years worth the US Gov. will continue to print more dollars to pay back the same amount of money at a cheaper value (which means you can pay more debts off with cheap money.

as the Market seeks balance so do we in our personal lives let not the financial part of our life bring us out of balance

GNS+RESEARCH


Inspection / Appraisal

Definition of 'Fair Market Value' The price that a given property or asset would fetch in the marketplace, subject to the following conditions: 1. Prospective buyers and sellers are reasonably knowledgeable about the asset; they are behaving in their own best interests and are free of undue pressure to trade. 2. A reasonable time period is given for the transaction to be completed. Given these conditions, an asset's fair market value should represent an accurate valuation or assessment of its worth.

Investopedia explains 'Fair Market Value' Fair market values are widely used across many areas of commerce. For example, municipal property taxes are often assessed based on the fair market value of the owner's property. Depending upon how many years the owner has owned the home, the difference between the purchase price and the residence's fair market value can be substantial. Fair market values are often used in the insurance industry as well. For example, when an insurance claim is made as a result of a car accident, the insurance company covering the damage to the owner's vehicle will usually cover damages up to the fair market value of the automobile.

MONEY VELOCITY

The rate at which money changes hands  Gns+Research

more evidence (charts below) that the Precious Metals and tangible assets (Commodities Markets) will be a great position (protection) for your wealth in the future



Greg Hunter and Gregory Mannarino TradersChoice.net.

http://usawatchdog.com/the-economy-is-terminal-greg-mannarino/


charts are below the Banks are holding too much printed paper when they release it all hell is going to break loose

GnS+Research


record low-speed of money changing hands


m-2 base

Gerald on world events

http://kingworldnews.com/kingworldnews/Broadcast/Entries/2013/9/28_Gerald_Celente.htmlhttp://kingworldnews.com/kingworldnews/Broadcast/Entries/2013/9/28_Gerald_Celente.html

nota Taper (TAPE WORM) not till on after Christmas do we have a confirmation we will see just stay close sty tuned and be informed because anything can happen at any time just not till 2014

from  the Federal Reserve indeed  confirmation


2014 we will see

GnsResearch  ;)


http://kingworldnews.com/kingworldnews/Broadcast/Entries/2013/9/28_Gerald_Celente.html

gold bills

GOLD BILLS DOCTRINE

by 

Antal E. Fekete

  

New Austrian School of Economics

We look at the question how the circulation of gold bills will arise after the

inevitable collapse of our regime of global irredeemable currency. At that point the

world will be bereft of any usable currency. All paper money will be worthless, all

gold and silver will have been chased into hiding by permanent backwardation.

In this desperate situation some governments shall, to revive trade, willy-nilly open

their Mint to gold and silver. However, gold and silver coins will be in short supply

for quite some time.

The phrases ‘means of exchange’ and ‘store of value’ have long been used in

listing the various functions of money. Yet these terms are far too imprecise to be

useful in a scientific discourse. One should use terms such as marketability in the

large (also called salability) and marketability in the small (also called

hoardability). Then gold appears as the monetary metal most marketable in the

large; silver as the most marketable in the small. We need not recognize any other

monetary metal beside these two. A common mistake is to confuse the concept of a

‘precious’ metal with that of a ‘monetary’ metal. Unlike gold and silver, platinum

 

is not a monetary commodity. It fails have the requisite high stocks-to-flows ratio,

reflecting its failure to have constant marginal utility.

 

The value of gold is absolute thanks to its constant marginal utility; the price of

gold is relative (as it is defined in terms of the dollar.) Thus the two concepts have

nothing in common, contrary to the universal deception current today. Once the

Mint is open to the free and unlimited coinage of gold, we have a unit of value, the

standard gold coin, while the gold price becomes a vacuous concept.

Gold bills emerge spontaneously to accommodate the needs of trade. Tradesmen

 

cooperating in the production of semi-finished goods would never pay, or demand

payment, in gold coin when buying their input, or selling their output. They never

have. Instead they will simply endorse the bill of their supplier, or draw a bill on 

their customer as the case may be. Once properly endorsed by the drawer and

drawee, these bills become gold bills as they are destined to be settled in gold coins

 

that are made available after the ultimate consumer surrenders them in exchange

for finished consumer goods upon maturity. The marketability of gold bills is next

to that of the gold coin. At the same time gold bills earn an income in gold, too, in

 

the form of discount that accrues to their holders proportional to the length of time

they are held. Commercial banks scramble to get gold bills in any amount, as these

are the most liquid earning assets a commercial bank can have to cover its note and

deposit liabilities. The wishy-washy explanation of Mises how commercial banks

are supposed to finance their operations through fees and hidden charges is

implausible, to put it politely. There is no need to beat about the bush: commercial

banks finance their operations, and make a profit to boot, through discounting gold

bills.

This activity is entirely proper. No ‘fractional reserves’, let alone fraud are

 

involved as confirmed by Carl Menger in his Geld (3rd edition, 1909). Of course,

proper safeguards must be taken. It is a crime to misrepresent the quantity or

quality of the maturing consumer goods on the face of a gold bill, or to recycle it

upon maturity. Borrowing short to lend long is prohibited.

People find it hard to accept the fact that consumption is another source of credit,

in addition to savings. The discount rate is inversely related to the propensity to

consume; the interest rate is inversely related to the propensity to save. Other than

this formal similarity, the two rates have nothing in common. Their origin and

economic function are entirely different. They can move independently in the same

or in opposite directions, subject only to the imperative that the discount rate must

never exceed the rate of interest.

The circulation of gold bills is entirely spontaneous. Unlike that of irredeemable

currency, it does not have to be propped up by legal tender laws and the strong arm

of government. In addition to demand from commercial banks, a lot of economic

agents with large gold payments falling due (e.g., firms with an outstanding bond

issue maturing within the quarter, or buyers of real estate with the closing date

coming up in less than 90 days) want to have them. They do not accumulate gold

coins in anticipation of their maturing liability. It would be foolish and wasteful to

do so. Rather, they go into the bill market and buy gold bills the maturity of which 

matches the due date of their obligations. Neither would they accumulate bonds.

The marketability of bonds falls far short of that of bills. For these and other

reasons the demand for gold bills is exceedingly keen and can be taken for granted.

It is preposterous to suggest that a bill of exchange can be settled in anything but

gold coins. Clearly, a bill of exchange must mature into something the

 

marketability of which is higher. The marketability of a maturing gold bill with

two good signatures is exceeded by that of the gold coin, and only by that. To

suggest that it is fraudulent to issue bills to be settled at maturity with a scrip is

missing the point. Knowledgeable market participants wouldn’t touch a bill

maturing in scrips with a ten-foot pole. Thus there would be simply no market for

them. If post-Mises Austrians came around and accepted properly constructed bills

of exchange as non-inflationary, but thought it was admissible to let them mature

in paper, they would only betray their utter ignorance of Menger’s concept of

marketability.

The market in gold bills is the clearing house of the gold standard. No gold

standard can be viable without it. The 100% gold standard of Murray Rothbard is a

phantom. Under it there is a dearth of circulating medium that leads to deflation

and, ultimately, to collapse. Gold bills lend the gold standard the necessary

elasticity. They provide this elasticity at harvest-time and during the Christmas

shopping season when gold bill circulation expands, and during the post-harvest

and post-Christmas season when it contracts. In the absence of gold bills there is

no wage fund out of which workers producing semi-finished goods going into

 

consumer goods can be paid before the latter is sold. In the absence of a wage fund

there would be widespread unemployment. Division of labor could not be further

refined. Social chaos and unrest would follow.

Our present experiment with the regime of world-wide irredeemable currency is a

unique historical experience. It will lead to the collapse of the world economy, as

all national experiments before have led to the collapse of the national economy.

 

The 19th century gold standard with its exquisite clearing system, the gold bill

market, was the result of an evolution lasting many a generation. It made an

unprecedented expansion of world trade, employment and capital accumulation

possible. This evolution must be replicated now in a very short space of time. 

The sound money movement had better reach a consensus on the Gold Bills

Doctrine before it is too late, lest the world succumb to an unprecedented disaster,

decimating the world’s population and destroying the world’s capital no way less

catastrophic than a nuclear war.

September 21, 2013. 

Episode 3 (Hidden Secrets)

http://hiddensecretsofmoney.com/videos/episode-3
a serious conversation with Mike Maloney


well worth the information.

Cheers!

Gns+Research


http://hiddensecretsofmoney.com/videos/episode-3

KNOWLEDGE IS POWER (DATA)

It really depends what you do with the knowledge you have we all will make money it will pass through our hands sometimes on a very daily basis.

We all have the power to choose what it is we wan t to do with it weather buying gasoline food clothing shoes stocks bonds real-estate  a car or more credit cards having credit is great not using it to put money in your pocket is one thing (skill) that sets the difference between winners and losers (financially) how well do you manage debt  and how well will your future depend on your ability to do so as we enter a more drastic change event on the horizon we will all learn and be forced to manage some form of debt it is best to learn at a very young age and find out why it is so important.

 Debt can be your friend you just must take control of it and have confidence in your self that you will succeed in every endeavor  just make the best of what you got and continue moving forward because that's all were going to have is what is in our present future

Gns+Research


Mike Maloneys charts and data grab your power back use it to defend your futurehttp://goldsilver.com/video/silver-and-gold-vs-stocks-and-real-estate-where-are-we-in-the-cycle-(2)/

CHINA IS SERIOUSLY GETTING GOLD/SILVER INTO THE HANDS OF THE PUBLIC

http://www.wantchinatimes.com/news-subclass-cnt.aspx?id=20130919000003&cid=1102

IT makes me wonder when the US government would ever t inform their public to get there hands on gold/silver for their store of their personal energy consider it like a battery it will take it a while to charge however

in the end it will be well worth the wait and is reassuring even if bought on credit it is  something you have and hold.

GNS+RESEARCH

http://www.wantchinatimes.com/news-subclass-cnt.aspx?id=20130919000003&cid=1102


DR. JONES COMENTARY BELOW:


China puts gold into the hands of citizenry Sep 20, 2013

 Remember when Dubai began selling gold coins from ATM machines? http://onethousandsplaces.typepad.com/999places/2011/10/atm-machines-that-dispense-gold-dubai-uae.html Now they are doing the same in China, where they are selling both silver and gold from ATM's. http://www.wantchinatimes.com/news-subclass-cnt.aspx?id=20130919000003&cid=1102 These countries are doing what they can to get gold and silver into the hands of ordinary citizens, so that they can share in the future prosperity when paper money collapses. Meanwhile, back in the good ol' US of A, the government does all it can to discourage people from buying gold and silver. They depress the price, using banks like JP Morgan to "sell" millions of paper gold and silver to make it look like everyone is selling. The price then goes down, as there are too few buyers to soak up all that paper. Essentially, they have found a way to do fractional gold and silver sales, much like regular fractional banking has done with currency. They create gold and silver out of nothing--all on paper--and dump these paper contracts on the market to simulate a glut of metal. Meanwhile, there is actually a shortage of the real stuff, and it only gets worse as the East buys it at bargain prices. This is part of the great shift of wealth from West to East that has been taking place in recent years, especially since our Jubilee prayer campaign in 1993. It is the way in which God is overthrowing the Babylonian West in favor of the Kings of the East. - See more at: http://www.gods-kingdom-ministries.net/daily-weblogs/2013/09-2013/china-puts-gold-into-the-hands-of-citizenry/#sthash.Dfscwxhv.dpuf

The Historic Fed Anouncment

http://kingworldnews.com/kingworldnews/Broadcast/Entries/2013/9/19_Michael_Pento.html
 And what that means for the rest of the world (LISTEN ABOVE TO MICHAEL PENTO & KWN)

confirmation of excessive money printing the globe is moving away from the U.S. dollar what the

It is what we do not see that will get us and when people no longer want the dollar how will that impact you?

well lets look at how it impacts the rest of the world

The us dollar is the ONLY currency that is owned out side of it's parent countries Boarders

Now when the rest of the globe rejects the dollar the U.S. Gov. will be able to pay it's debt with cheap dollars.

there are cracks bleeding into the Bond and Derivatives markets

continue to watch the 10 yr. note as the Fed completely looses control of all markets (on purpose)
and dissolves your currency you use everyday eroding most if not all of it's purchasing power the sooner you put currency into something OF real  VALUE  the sooner protected you will be for your future prosperity.

GNS+RESEARCH

Us Dollar days are numbered (as we advance through to 2016)

http://www.youtube.com/watch?v=nX7J8-VTG08&feature=player_embedded

A Terrific speech and reality check of how the Us Dollar became the Worlds Reserve currency since 1971

with Henry Kisinger as the pilot

Listen to this Canadian Billion Aire

Gns+Research

http://www.youtube.com/watch?v=nX7J8-VTG08&feature=player_embedded

"Canadian billionaire businessman Ned Goodman predicts the end of the U.S. Dollar as the world's reserve currency. He predicts the transition out of the U.S. Dollar will become, "...quite ugly.""

SUMMERS DROPS OUT! fed tappering 9/17-18/2013

IT IMPACTED THE GOLD PRICE BY 2%

AMAZING AND WE WILL HERE WHAT THE FED WILL SAY ABOUT TAPPERING FOR NEXT YEAR ON TUESDAY I EXPECT IT IMPACT THE MARKETS PRICE UPWARD SEPTEMBER17/18th MARK YOUR CALLENDARS MORE THAN LIKLY THEY WILL ANNOUNCE THE DAY OR TIME FRAM TAPPERING WILL HAPPPEN and a slow down of bond purchasing here: although we are getting mixed signals with gold I will have to stick to my guns with my forecast $50.00 silver in 2014...


http://www.mining.com/gold-price-drops-to-5-week-low-goldman-sees-short-term-sub-1000-risk-48165/?gce_var=lower-comments&utm_expid=17625373-0.wR1isPasQ6GSvnWKGYTdqA.1&utm_referrer=http%3A%2F%2Fwww.mining.com%2Fmine-collapse-kills-28-in-north-afghanistan-44659%2F%3Fgce_var%3Dlower-comments

The US Federal Reserve meeting ends Wednesday next week and consensus is that the Chairman Ben Bernanke will announce a relatively modest $10 billion reduction in the bank's asset purchases program currently running at $85 billion a month.
Jeffrey Currie, the head of commodities research at Goldman Sachs tells Bloomberg Television that the Fed's tapering has already been priced in by the gold market, but that continued better economic performance by the US is the biggest risk to the price of the metal.

gold's fair value in terms of cost structure is around the $1,200 mark, but that's rapidly shifting lower

Currie then adds that gold's fair value in terms of cost structure is around the $1,200 mark, but that's rapidly shifting lower along with emerging market currencies, particularly the South African rand.
Currie sees weakness for the rest of the year and going into 2014 with the investment bank predicting a fall to $1,050 an ounce.
There is also a risk that gold could overshoot on the downside in the short term and Currie believes gold could "clearly trade below $1,000."

:)


SUMMERS DROPS OUT BELOWhttp://www.mining.com/larry-summers-withdraws-name-from-fed-consideration-80854/?gce_var=lower-comments&utm_expid=17625373-0.wR1isPasQ6GSvnWKGYTdqA.1&utm_referrer=http%3A%2F%2Fwww.infomine.com%2F

   

Summers is no fan of QE

News that former Treasury Secretary Lawrence Summers has withdrawn his name for consideration as the next chairman of the Federal Reserve, boosted the gold price in early Asian trade.
Summers was US President Obama's chief economic adviser in the aftermath of the sub-prime crisis and Treasury Secretary under President Clinton from 1999-2001.
Bernanke’s term expires at the end of January 2014, and Summers was competing with Janet Yellen, currently the vice chairman of the Fed, as well as former vice chairman, Donald Kohn, for the post.
The Washington Post reports President Obama "had been strongly leaning toward picking Summers, who helped him navigate the depths of the financial crisis and recession at the beginning of his term, and had assurances from Democratic Senate leadership leaders that they would work to get him confirmed, according to people familiar with the matter.
"But amid an intensifying uproar of liberal Democrats and left-wing groups opposed to his nomination, Summers decided to withdraw his name on Sunday, telephoning the president to tell him his decision."
Yellen is a former President of the Federal Reserve of San Francisco and a long time Fed insider who has worked closely with Bernanke and his predecessor, Alan Greenspan.

Yellen, now the clear frontrunner, is considered the main architect of the US central bank's quantitative easing program, which kicked off in December of 2008

Yellen, now the clear frontrunner, is considered the main architect of the US central bank's quantitative easing program, which kicked off in December of 2008.
Summers on the other hand has been a critic of quantitative easing and  is said to prefer for fiscal rather than monetary policy to steer the economy.
Under the third, open-ended round of QE which was first announced in September last year, the Fed buys up Treasurys and mortgage bonds to the tune of $85 billion a month.
The Fed's balance sheet crossed the $3 trillion mark early into 2013 and is set to top $4 trillion by the end of the year if the current pace is kept up.
QE, which essentially floods markets with cheap money, increases gold's allure as a hedge against inflation amid currency depreciation.
The sell-off on precious metals markets this year has been mostly as a result of fears that ultra-loose monetary policy may come to an end sooner rather than later.
Gold was last trading at  $1,336 an ounce, adding more than $25 or nearly 2% in Asian trade to the Summers news.
The gold price has increased nearly 60% since QE1 when the ruling price was $837 an ounce.
The Fed meeting ends Wednesday and consensus is that the it will announce a relatively modest $10 billion reduction is asset purchases

No standard since 2010

SINCE 2010 THERE HAS NOT BEEN A STANDARD WHICH MAKES SENSE

ACCORDING TO JIM RICKARDShttp://www.youtube.com/watch?v=iSntUK8oCWg&feature=player_embedded

at 12 minutes please listen to this video because the Markets are set up for the next collapse in the next 3 years

2008 bubbles have formed all around us and the debt bubble that will burst will leave most people in ruins

as hospitals will be filled with the uninformed so will the courts filled with the peole who could not positon themselves on the right side of the market facing  Bankruptcy although it is better to file and clear your past in 7 years compared to not filing and have zero protection leally in the system because even Donald trump has filed Bankruptcy twice in his life time


Listen here:http://www.youtube.com/watch?v=iSntUK8oCWg&feature=player_embedded

10x10 = 10,000 (BACK IN TIME)

Factors for tomorrow

As the world turns and we gear up for a pain that will be felt through out the world (for those that do not heed the warning it will be worse) because of human nature we want to wait till the right time to invest let alone make sure we have enough funds to invest in something the strangest thing which is the factor of being human is we want to wait till just before the increase in price to buy because we do not want to lose  value lose money and lose our personal dignity.

Because of this human delay however we loose sight of the facts and where we are eventually going to end up and then I and others will be called the great fortune tellers with the crystal ball as I have no crystal ball and if I did I definitely would be no prophet

The glory goes way above me and to our maker I just can't help the fact I am interested in this stuff It is extremely exciting we all have to process information and academically speaking they take all the fun out of it in school ( sit there while I explain history and repeat what I say) we are in the time where learning has to be practical and easily applied that's the only way I know to learn and use what I hve learned  and teach others to do the same although we are different we have similar learning patterns it is the ability to access those patterns and the ability to accept different  patterns of learning

Hence the best way to apply what you know is to teach others yet I learn from reading listening and video I try to make that available for those that visit here you however will have to find a local mine in your back yard to really seek how they did things in  history because when you are present at that mine think back in time how many people really set foot where you stand on the real dirt and grime blood sweat and tears of tough work mining truly is stored energy (stored human energy)

world population video:http://www.youtube.com/watch?v=4BbkQiQyaYc




by these simple charts you can see why 10x10 in todays standards equals 10000 times more people than before and that is the factor for all markets



Read how mike Maloney puts it into perspective below






Many analysts in the precious metals community claim that gold is the ultimate wealth insurance because it maintains its purchasing power throughout the centuries.  There is an old myth they propagate that in ancient Rome an ounce of gold could clothe a man from head to toe with a toga, sandals, and a belt, and that today a man can still clothe himself in a suit, shoes, and a belt for the price of an ounce of gold.  They claim that this has always been the case.  Nothing could be further from the truth.  Before the Federal Reserve was created in 1913 you could buy a man’s suit, shoes, and belt for an ounce of gold, and gold’s price was $20.67 per ounce, but due to inflation, by the end of the roaring `20s you couldn’t.  At the beginning of the great depression gold was still $20.67, but because of deflation you could once again buy the outfit. Then in 1934, as the dollar was devalued, gold’s price rose to $35 and you could now buy an exquisite outfit, but by 1970, with gold still at $35 per ounce, it would only buy the shoes, but just ten years later, when it hit $850, it would buy a topnotch suit, very fine shoes, and a great belt.  Then by the year 2001, when gold bottomed at $252, it could only buy a shoddy suit, cheap shoes, and a crummy belt.
Yes gold is always worth something, but it has always varied in a range of purchasing power.  This myth that gold maintains the same purchasing power throughout the centuries is based on the true fact that we mine gold at about the same rate as the growth of the population so there is relatively the same amount of gold per person on the planet today as there was in ancient Rome. So let’s dissect the myth of the Roman suit and see why gold’s purchasing power has varied, and what it could be in the future.
The gains in efficiencies made since ancient Rome are mind boggling.  To make a toga required either cotton to be hand planted, hand tended, hand picked and hand separated from the seed, or it required sheepherders to tend small flocks of sheep and then shear them by hand.  Then the cotton or wool had to be hand washed, hand combed, and hand spun into thread, but the spinning wheel was yet to be invented, so a spindle and distaff (basically two sticks) were used instead.  This was a very laborious process so it could take someone weeks to make enough thread for a toga.  Then the thread was hand dyed with hand made colors that had been hand mined or harvested.  Then it had to be hand woven on a two person vertical loom (again, slow and laborious.)  Then the cloth was cut to a pattern and hand stitched into a toga.  The shoes and belt were equally labor intensive.
Today, with factory farming, cheap fuel, modern irrigation, and pesticides it’s possible to tend thousands of acres planted at densities never before imagined.  Giant combines drive through the field plowing the dirt and sowing the seeds in one pass.  At harvest time specialized combines pick the cotton and other machined separate the seed.  With factory ranching efficiency is the same story with thousands of sheep being tended and shorn in production line fashion. Then trucks deliver the cotton or wool to where it’s washed, combed, and spun into miles of thread in minutes, then dyed with cheap mass production dyes and woven into miles of cloth by machines... again in minutes.  Then the cloth is stacked many layers thick and a computer guided shear cuts out dozens of each of the parts of the suit in a single pass.  The parts go to an assembly plant where workers, who specialize in making the left sleeve, or right leg and such, do so at amazing speed.  Workers that can turn out dozens of suits per day do the final assembly, also at a blazing rate.  Then it’s shipped to a store where you can pick from dozens, or even hundreds of styles, colors, and sizes.  It’s a similar story at the shoe factory that spits out a pair of shoes every few seconds, and the belts that come off the production line by the thousands.
The end result is that the “time value” of the Roman outfit most likely measures in months of human labor, whereas the modern suit contains only a few hours of human time.  This is true of all the other stuff in society as well.  When it comes to the time value contained in stuff… everything today is on sale for a tiny, minuscule fraction of what it once cost.  And as proof to support my thesis I offer this… Today a good percentage of the world’s population has maybe a hundred times more stuff than 99% had 2,000 years ago.  Think about it.  You are surrounded with furniture, cell phones, computers, TVs, refrigerators, grocery stores, cars, planes, hotels, restaurants, a great bed to sleep in at night, and just about anything else that you want.  By contrast 2,000 years ago most people, with the exception of the ruling class, lived a subsistence living barely able to afford the things they needed to survive.  In many cases a great bed or pair of shoes were extravagances they would not experience in their lifetimes.
So if this is true… and it is… then why is gold’s purchasing power so low?  If there’s so much more stuff per person, but the same amount of gold per person… shouldn’t an ounce of gold buy many, many, many times more stuff than it does today?  Absolutely, emphatically, YES… it should.
Then why doesn’t it?
Because of the other big factor in busting this myth...
In ancient Rome, if you wanted to save some of your wealth for the future there was only one asset available for you to save your purchasing power in… real money… the gold and silver coins that made up their money supply.  Today if you want to save some of your wealth for the future you do so with financial assets such as stocks and/or bonds, and maybe a tiny portion of currency in a checking account.  These highly liquid assets actually compete with gold and silver as a place to store your wealth.  They all dilute each other’s purchasing power.
So that’s the answer… competing fiat currencies and other financial assets.  In ancient Rome there was only one place to store your wealth… today there are thousands.  The gains in purchasing power that gold should have made due to man becoming so much more efficient at making stuff, have been almost exactly offset by alternative liquid financial assets in which to store that wealth.
Highly liquid world financial assets (which exclude all real estate, any business not listed on an exchange, and derivatives) total about $230 trillion.  Total world currency, including bank deposits, stands at about $50 trillion.  So that’s a grand total of $280 trillion of liquid assets.  That’s $40,000 worth of wealth per person on the planet stored as transient digits in computers.
Today, investment grade gold (coins and bars) held by the public totals about 1.1 billion ounces and there are about 7.1 billion people on the planet.  That’s 0.15 ounces of gold per person.  At today’s prices it’s about $200 worth of gold per person.  If you include official reserves, such as central bank gold, you get about $400, and if you include all above ground gold, including things like jewelry and religious artifacts… in other words, all the gold ever mined in history, you get about $800 worth of gold per person.  That’s it… That’s all.
With technology, machinery, and super cheap energy we’ve become a thousand times more efficient at producing stuff, and at the same time we’ve created a thousand more ways to store our wealth.  If it weren’t for all those competing currencies and alternative financial assets gold would buy many, many times more stuff.  But even with all this competition, because of the gains in efficiency, an ounce of gold should buy 10 men’s suits today.  And if fiat currencies were to fail (like they always have) then it should buy a hundred or a thousand.
So what happens to those alternate financial assets in the inevitable market crash that lies out there in the future?  Those trusted financial assets suddenly become, hocus-pocus, voodoo, financial assets and their value evaporates, just like those AAA rated Mortgage Backed Securities did in the crash of 2008.  What happens to fiat currencies in the coming currency crisis?  All those currencies become hot potatoes that nobody wants, causing hard assets, like gold and silver, to be bid up to the moon.  Either way, gold will buy a whole lot more stuff someday in the near future.
So you have $40,000 worth of wealth per person stored in alternative liquid assets compared to just $200 per person stored in investment grade gold.  That’s a 200-1 ratio.  That means that in a crisis if just 10% of the wealth invested in those alternative assets were to come chasing gold, its price could rise 20-fold.
The moral of the story is… If you want to buy 20 suits, shoes, and belts a few years from now… buy an ounce of gold today.

Bart Chilton / Andrew Maguiire interview (5 year anniversary) 2008

here is the link to the interview from Andrew Maguirehttp://www.kingworldnews.com/kingworldnews/Broadcast/Entries/2013/9/14_Andrew_Maguire.html

were on the verge 5 year anniversary since leman brothers 2008 crisis

and were we are in the rabbit hole listen to this magnificent interview abovehttp://kingworldnews.com/kingworldnews/Broadcast/Entries/2013/9/14_Andrew_Maguire.html


Bix wier below


link to Bart Chiltonhttp://www.cftc.gov/PressRoom/SpeechesTestimony/opachilton-94

  

 

Bix Weir

As if on queue (hint,hint) Bart Chilton gave a very LONG speech today in which he called on Congress to take the banks out of commodities and suggested there would be more cases filed by the CFTC in September than has been filed in a long time!

 

The Brutality of Reality

http://www.cftc.gov/PressRoom/SpeechesTestimony/opachilton-94

 

"How about the re-al-i-ty of what you guys and others are trying to do? I'm talking about Average Joe end-users who are simply trying to hedge their legitimate business risks--whether it's corn or beans; aluminum, silver or gold; nat gas or crude oil. The brutality of today's reality is that these markets are so divorced from how they have operated historically--due in part to the Massive Passives and the cheetahs--it might seem like The Surreal Life. But, we aren't being Punk'd. This is The Real World. That is, unless we do something."

 

"The point of all this is that we are faced with a new reality ourselves--our financial world is a Shark Tank. There are more and more violations of the law occurring, and we aren't equipped to deal. The bam-ba-lam bad norms in the financial sector seem to be commonplace."

 

"The most disturbing part of this is that it is still nearly impossible to figure out exactly what banks own."

 

"It's time for an Intervention. Congress should not only do away with the statutory exemption that has been used by Goldman and Morgan, but also do away with the ability of the Fed to allow any commodity-related ownership by the banks whatsoever."

 

"For those paying attention, there will likely be more cases filed by the CFTC in the next few weeks than we've seen in a long time. Stay tuned."

 

END

 

EVERYTHING is coming together now and I've spelled it out clearly on my Road Signs:

 

THE END of the Banking Cabal is right around the Corner!

 

So "Hey Bart!"...

 

May the Road you choose be the Right Road...FINALLY!!

 

Bix Weir

www.RoadtoRoota.com

 

BEGINING CONFIRMATION (50.00 SILVER)

A VERY SMART MAN HAS JUST STATED SILVER UPTO $70.00 IN THE NEXT 12 MONTHS

THIS IS BEGINING CONFIRMATION FOR THE GNS+RESEARCH FORCAST  OF $50.00 EARLIER THIS MONTH WITHIN THE LAST 10 DAYS

ANDREW MAGUIRE


TELLS KING WORLD NEWS

HERE:http://kingworldnews.com/kingworldnews/KWN_DailyWeb/Entries/2013/9/13_Historic_JP_Morgan_Whistleblower_Interview_Moves_Markets.html

Debt worldwide is now expanding exponentially.  With absolutely no possibility of stopping this debt explosion, we will soon enter a period of unlimited money printing leading to a total destruction of paper currencies.  The consequence will be a hyperinflationary depression in most major economies.

 

The interesting point is that this extremely important and historic KWN interview took place at a time when technical indicators were giving clear indications that gold was in a position to make a major move.  The Fed announcement next week will most certainly lead to further gains in the gold price.  My forecast of roughly $2,500 in gold and $70 in silver, within 12 months, still stands.  In fact, the JP Morgan news just reinforces it.http://kingworldnews.com/kingworldnews/KWN_DailyWeb/Entries/2013/9/13_Historic_JP_Morgan_Whistleblower_Interview_Moves_Markets.html

ANOTHER TIME TO BUY

SILVER HIT THE 21.00 DOLLAR ZONE A NEW BOTTOM YET JUST A STEP UP FROM THE PRVIOUSE LOW

ANOTHER TIME TO BUY  ON THE WY UP

AS THE WAREHOUSES ARE NOW EMPTY THERE IS STILL SOME TIME TO GET YOURS NOW IS ANOTHER OPPORTUNITY :)

LISTEN TO JIM WILLIE @ 28 MIN HERE:http://goldsilver.com/video/jim-willie-on-the-petrodollar-gold-and-global-economics/

Market Black out 2015-2016

with increasing uncertainty there also is a cataclysmic event on the horizon and Jim Willie knows best with his latest interview

when the world demands the real price of every thing there may very well be conflicting reports of the actual gold/silver prices and

the lending of money is drying up 1 currency at a time recently with the Indian rail collapse over 4 days there will be many more reports of currency collapse and at some point you can be thankful for the collapse you would be able to purchase things you never thought possible

as for the Markets they may become blacked out and there maybe a time when you or I will really not know the real price of gold/silver and even thought it has never happened dose not mean that it can't or won't happen

Because we live in the world of constant change we also live in the world of absolute possibility
anything and everything is possible.

GNS+RESEARCH

HSBC REPORT/ SILVER MANIPULATION

Christian Garcia and Mike Maloneyhttp://goldsilver.com/video/silver-manipulation-hsbc-connection-to-us-mint-christian-garcia-and-mike-maloney/

Discuss how the market is manipulated and why the state dose not invest in metals

and why Mike Maloney dose

watch here:http://goldsilver.com/video/silver-manipulation-hsbc-connection-to-us-mint-christian-garcia-and-mike-maloney/

Update Sept 9th 14th/15th and 17th

a private forecast was that Syria will  fall by MARCH 2014


as we confirm the dates during September as of the 9th there looks to be a truce however I will have to stick to my guns with the forcast

as we approach the dates in September GNS+RESEARCH


Dr Jones Update below


Watch Date update Sep 09, 2013

 Last July I wrote how it was three years since the eighth sign of Elisha had been fulfilled in the sequence that we were observing. This sign came in the context of the BP oil spill in the Gulf, which began on April 20, 2010. On July 9, 2010 we were led to throw barley meal into the headwaters of the Mississippi River to overcome "death in the (Gulf) basin" as per 2 Kings 4:38, 39, 40, 41. The solution came six days later (144 hours) on July 15, when the oil well was capped. We then began looking for the ninth sign to occur, which is the multiplication of the barley bread (2 Kings 4:42, 43, 44). This sign, however, did not occur, although we received much confirmation that we had not missed it. Three years later, in July 2013, I began to wonder if perhaps we might see the ninth sign occur from July 9-15. I thought perhaps these past three years had been the drought of Elijah. The Elijah connection is seen in the fact that Elijah performed eight miracle-signs, while Elisha, who received the double portion, performed sixteen miracle-signs. But the first eight signs of Elisha only equalled Elijah, and so far we had not come into the double portion, which is the inheritance of the birthright. Last July I speculated that if we did not see the ninth sign in July, we would probably have to wait until September. Well, we are now in September, and today is September 9. The reason this is important is on account of the revelation more than 30 years ago that "July is like September." July is our seventh month, but September used to be the seventh month, even on the Roman calendar. Hence, the name means "seventh month," even as October means "eighth month" (in Latin). Over the years we have seen events in July foreshadow or parallel events in September. So July 9, 2010 was when we saw the eighth sign occur, and then we had a three-year drought to July 9, 2013. We did not see the ninth sign in July, but we are now in its parallel time, September 9. Keep in mind that the pattern from 2010 was a two-step event on July 9 and 15. The spiritual work was done on July 9, but the result was seen on July 15. So the watch dates before us are September 9 and 15. The big news event today is that Russia suggested that Syria's chemical weapons might be put under international control. Russia was actually reacting to a statement by John Kerry a few days ago, in which he suggested the same thing, but quickly added that Syria would certainly never allow such a thing. But strangely enough, Syria has reacted positively to this idea! So now it appears that September 15 will see the result of today's suggestion in some way. Meanwhile, on September 11 the US Senate is scheduled to vote to accept or reject Obama's war strike against Syria. [Update: Senate Majority leader Harry Reid now says he will likely postpone the vote until Russia's proposal is discussed. It is possible that no vote will be necessary!] It is interesting that this vote comes on the anniversary of the Twin Towers demolition on September 11, 2001. That event foreshadowed the overthrow of Mystery Babylon, which "is fallen, is fallen" (Revelation 18:2, KJV). After the Senate votes, then the House of Representatives will vote as well, probably next week, they say. The date has not been set as of now, as far as I know. But it is likely that regardless of what the Senate votes, the House will probably reject a strike on Syria. All of this is coinciding with the end of our "End the Famine" prayer campaign on Saturday, September 14, which is also the Day of Atonement. When I first learned of this prayer campaign in early August, it occurred to me that the three-year famine was partly patterned after the Elijah drought, but moreso after the three-year famine in the days of King David in 2 Samuel 21:1. So it appears that September 15 could see the beginning of the end of the "famine." It is yet unclear just how this will manifest in the earth, but I am beginning to suspect that the prayer campaign will succeed in stopping the attack on Syria. The convergence of dates seems obvious. The prayer campaign ends in victory on September 14, just as the government is voting on the Syrian crisis September 11 to perhaps the 15th to the 17th. I spotted the connection last week in the story of Laban the Syrian, who made a treaty (covenant) with Jacob (Genesis 31:52). Laban's family was related to Abraham, and in fact the whole region was called Haran, named for Abraham's brother. That suggests that Laban was the chief ruler of that land, now called Syria. So this treaty was not just between two individuals. It was a treaty between nations. And I can find no evidence that the treaty ended in any point of history. Therefore, I believe it would be a mistake for us to attack Syria, unless they attacked us first. To attack Syria would be one more broken treaty to add to the long list of government sins. But our prayer campaign was designed specifically to deal with this problem of broken treaties, as I have written in past articles. We know that we are destined to win this prayer campaign. We just do not know for sure how the victory will manifest. If the Babylonian leaders fail to plunge the US into war, as they wish, then that will be evidence of our victory. If the US attacks Syria, I will take it as a sign that Babylon is about to fall, because the government leaders will be acting against the express wishes of the people. Polls show that 76% of the people oppose any action against Syria. Only 13% support such a war. The only reason the president and congress would support such action is because they are being pressured into it by the hidden leaders who have put them into positions of leadership through financing. But these same leaders are now being squeezed from below by the people themselves. So if Syria is attacked, I believe the US military itself will soon arrest the instigators of this war and bring them to trial for crimes against humanity. Remember what happened in Egypt. When President Morsi refused to respond to the will of the people, the military stepped in and deposed him. Now they are bringing Morsi to trial. Will the same pattern play out in America? It certainly has never happened before, but there are many reports that suggest the possibility of this happening here. So regardless of what happens in Syria, I am of the opinion that our spiritual warfare against Mystery Babylon is nearing its climax, and that WE WON. We did not try to fight them on their own carnal turf. We did not try to outgun them in physical warfare. We made them fight on our turf in the heavens, where we are more than conquerors. September 9 was one of our watch dates that I mentioned last week. This latest Russian plan for Syria, I believe, is that event. If I am correct, then we should see the results on September 14/15. If there is to be an attack on Syria, I suspect that it will occur on September 17, but I pray that our prayer campaign has averted this disastrous plan. - See more at: http://gods-kingdom-ministries.net/daily-weblogs/2013/09-2013/watch-date-update/#sthash.VGgvX3Fr.dpuf

PINCH

As the global economy slows the world continues to print even more monies


while doing this however there becomes less purchasers for the countries debt (bonds)

countries that export lend less or nothing to the countries that are importing from them

a promise to pay is becoming a thing of the past unless you have collateral available more than what your loan is worth, credit is becoming more and more scarce and the world is moving out of credit to buy and the economic slow down is pinching every pocket book from personal to government world wide there is a default coming.


GnS+Researchhttp://plata.com.mx/mplata/articulos/articlesFilt.asp?fiidarticulo=220

http://plata.com.mx/mplata/articulos/articlesFilt.asp?fiidarticulo=220

06/September/2013

Stalling growth of international reserves

Hugo Salinas Price

I have kept track of International Reserves (excluding gold) for many years, with data helpfully provided every week by Doug Noland, at prudentbear.com, who obtained the information from Bloomberg.
Here is the graph I have elaborated with data since 1948, when there was still a modicum of reason operating in the financial world.

Lately, I worked out a graph showing in more detail the growth of these reserves in the period from August 2005 to August 30, 2013.

I draw your attention to the slump in reserves which took place during the year 2008-2009. It was an ugly period, financially.
Then, notice the slowdown in growth of reserves during the past two years (24 months).
Finally, notice that growth in reserves has stalled in the last few months of this year. Growth appears to be topping-out. Since April 13, when reserves passed the $11 Trillion mark at $11.082 Trillion, in the four months to August 30, they have only increased by $86 billion – 0.78%
If the growth in reserves registered from August 2009 to August 2011, which averaged $1.5 Trillion yearly, had continued from August 2011 to August 2013, international reserves would now be over $13 Trillion; as it is, they are stalled at just over $11 Trillion. $2 Trillion are missing!
International reserves have two sources of growth:

1. Accumulation of Bonds (mainly Euro and Dollar Bonds) in central banks of the exporting nations, which come about due to export surpluses with which the exporters purchase bonds issued by the importing countries.
2. Accumulation of interest earned on the bonds, re-invested in bonds.

The international reserves are thus a measure of the credit which the exporters are willing and able to grant the purchasers of their exports.
If international reserves are not growing, but stalling out, this means that the exporting countries are not extending further credit, for whatever reasons, to the importing countries, mainly the US and the Euro Zone.
Born of the liberation of the world’s money from the shackles which tied it to gold under Bretton Woods, the world’s great credit-expanding machine is slowing down. $2 Trillion in international reserves have not been generated in the last 24 months. The cause must be a decline in international trade, through which enormous export surpluses of the East were sold to the West on credit, and the East received bonds for the extended credit. The market for government bonds of the West has been the eastern exporting countries, which have used their vast export surpluses to invest in western bonds.
If the exporting countries – the East – are slowing down on bond purchases, it most likely means they have less surplus left with which to purchase the bonds. Of course, they might have generated surpluses and used them to invest in the “Emerging Markets” – another name for what used to be called the Third World. Perhaps they are buying up the underdeveloped and chronically deficit-ridden Third World? That may be, but such a policy could hardly account for a $2 Trillion slow-down in growth of international reserves.
A $2 Trillion market for bonds has not materialized in the last two years; it is no wonder that the Fed has stepped in with QE to purchase the bonds which must be sold to keep the US Government in operation, not to mention to stave off utter collapse if the word were to spread that “There is no market for US and Euro Bonds at the volumes that the sellers require!”
The US and the Euro Zone are finding that they cannot float further credit in the exporting countries. This is a serious condition; the West depends on a market which will accommodate its expansion of credit – a market for its government bonds – for without that continual expansion the whole house of financial cards comes crashing down.
There appears to be no further market where the US and the Euro Zone can float their bonds. The only recourse is to monetize their government debt (QE) and that means monetary inflation.
The consequence of monetizing debt will have to be rising interest rates.
If the government debt were not monetized, US and Euro Zone bonds would have to be thrown on the world market, but – who would purchase them? Interest rates would skyrocket, even if there were possible buyers, which is doubtful.
As it is, the US can only continue to monetize government debt. Higher dollar interest rates are inevitable and will cause further government deficits; the debt overhang in both the US and Euro Zone is so great that a rise of a few points in interest rates will explode the deficits, and so on and so forth.
Bottom line: Stalling growth in International Reserves tells me that a world financial collapse is in the offing.
Please draw your own conclusions.

G-20 and the us Dollar (Financial Survial) calling all US DALLARS

Dollar phase out (NEXT STAGE) through out the world of the us dollar

development leading to the exiting of the dollar as  the reserve status

moving towards critical mass with in the world

when 2/3 of the globe declares SPLIT to use something other than the dollar (the Yaun/Rembi) will be used as a stepping stone

A global reset must wash away us debt 30-60% reduction in the value of the us dollar right in range of  50% as forecasted

supply centers Jim Willie says Gas (convenience stores Food (super Markets) and Cash (ATM MACHINES

October 2013 US GoV.  calling back all us dollars

LISTEN HERE:http://usawatchdog.com/u-s-ship-of-state-is-sinking-its-a-derelict-vessel-jim-willie/

one world currency?

http://www.hiddensecretsofmoney.com/blog/war-and-one-world-currency


will there ever be a 1 world currency?

according to Mike Maloney

not a chance.

{eople will chose to resist a 1 world currency.

But gold/silver will be used as a form of currency

http://www.hiddensecretsofmoney.com/blog/war-and-one-world-currencywatch (watchvideo)
 The year of rising we are moving through this great transition and will be starting the next phase/year soon in October November 2013

silver over $50.00 year 2014

after a long analyss of historic charts we have discovered that silver is actually scheduled to rise above $50.00 by this time next year 

we are the fisrt to forcast the future

follow along join the journey it is going to be a fantastic ride.


If not suit your self and watch those smart/idiotic enough to take the chance.

GnS+Research



Watch below: vvvvvv
http://goldsilver.com/video/dr-paul-craig-roberts-a-real-collapse-in-the-dollar-gold-could-be-30-000-an-ounce/

watch above ^^^^^^^

401k

If you have 401k beware you may soon not have it

 

gns

 

 

 

 

Seizure of 401Ks

Posted by Martin Armstrong

QUESTION: Mr. Armstrong, In your latest post you stated “they will seize all pension funds and 401Ks to absorb the debt.” Should those with 401k’s be looking to pay the fees and cash out?
Thank you,
ANSWER: The behind-the-scene discussions on this issue are real. However, it does not appear that this seizure will emerge until 2016 or 2017. Indeed, we need a crisis for this to be ushered in. We will be publishing a special report on this subject since it is so vital to the future of everyone. For now, you are OK. The Syrian mess seems to have people lining up on Capital Hill when sources there say the phone calls coming in are overwhelmingly against any action. The politicians are ignoring the people entirely. This suggests there is indeed a secret agenda to achieve a goal outside the discussion box. That is most like the debt problem and a war is necessary to relief the pressure to curtail spending.

September Watch Dates

We have made it to September 2013 and since July was an extremely busy month (as all the months are) we have to look at specific events on the days ahead during September as we wind down the year and wind up the next year (we embark on the one year anniversary of Hurricane Sandy OCT NOV 2013) we strive for a solid forth quarter and finish the year with a bang! what is in store for us as we look ahead,




DATES: SEPT 1ST, 5TH, 9TH, 14TH, 17TH,
PLEASE TAKE A LOOK HERE WITH ADITIONAL DATES (9/30)




DR. JONES:

Updates and watch dates Aug 31, 2013


I have posted many times the speeches of General Wesley Clark, who testifies in public that the plan to cause trouble in middle eastern countries was made official policy in the Pentagon in September of 2001. http://www.youtube.com/watch?v=6oJUnG3Z6WI That was twelve years ago, and we have now seen the fruit of this policy. Egypt and Syria are in chaos, revolution, and civil war, with America backing the Muslim Brotherhood. We also overthrew Libya as the plan took shape. Worse, the American public was led to believe that these were spontaneous "protests" of people seeking "democracy," when in fact they were instigated by our own covert government agencies. And then when Russia stood its ground opposing this war-time American policy against the Syrian government, we are now talking about going to war against Syria. I have no doubt that America has already been supplying weapons to the Syrian rebels--if not directly, then through Qatar. Then when people are killed or displaced, the news agencies interview people who dutifully assume that the Syrian government is at fault for defending itself. These talking heads act as if America has played no role at all in fomenting these MIddle Eastern wars. Have they not heard General Wesley Clark? Yes, of course they have. But they choose to continue the charade and hiding the truth from the public. Glenn Beck is also pretty upset by this. He put together a 3:43 minute video showing the Syrian rebel leader who was proudly cutting open the chest of a dead Syrian soldier and eating his liver and heart. https://www.youtube.com/watch?v=GfHSPLW63Gg This is an obvious war crime, and any government who supports such people are equally guilty. It bothers me, because our government represents us, whether we like it or not. If we do not register some kind of protest, we are all implicated by it. When divine judgment hits a nation, it is usually the people on the street who are affected. We call them "innocent people," but legally speaking, no one is innocent of crimes done in their name, unless they take steps to disavow it in some way. Polls show that the American people overwhelmingly reject American involvement in the Syrian crisis, not knowing that we were the prime instigators of it. If we were a "democratic" country, the US government would bow to the will of the people. But we are not. Democracy is only relevant when the people agree with the government. If not, then they claim the right to "do what is right" in spite of the people. Such men are then called "statesmen," a fancy name for someone today who refuses to represent the will of the people. Watch Dates for September September 1. This is the first day of our seventh month, and therefore it is a parallel to the Hebrew calendar's Feast of Trumpets, or New Year's Day. September 5. This is the actual Feast of Trumpets on the Hebrew calendar. It signifies "resurrection," and therefore is tied to "resurrection day" in the Spring feasts. This makes it a "barley" date, along with Sept. 1. September 9. This is connected to July 9, according to the old revelation, "July is like September." Recall that July 9, 2013 was the 3-year anniversary of the day we threw barley into the Mississippi River. September 14. This is the Day of Atonement and the end of the current prayer campaign called "End the Famine." September 17. Two years ago (2011) this date was the culmination of the Jericho March around the Twin Cities. This act of spiritual warfare began on the tenth anniversary of the Twin Towers demolition (Sept. 11) and ended on the seventh day, September 17, 2011. This is again a watch date in 2013. - See more at: http://gods-kingdom-ministries.net/daily-weblogs/2013/08-2013/updates-and-watch-dates/#sthash.KfAXBgXO.dpuf