Monday, January 6, 2014

How to Beat the IRS and the Money Printers at the Same Time

So, how are conservatives beating the IRS, not to mention the Fed?  By buying private non-reportable physical gold & silver and sitting on it.   In other words, they're getting some wealth out of the crooked casino and away from the grimy paws of the IRS.  But in order to beat the IRS at their own game, they're buying “the right gold."
First, let’s look at investing in "the wrong gold" -- gold on paper through an ETF -- and how that plays right into the hands of the IRS and Fed.  You buy $100,000 in paper gold through your broker in the form of an ETF.  Gold doubles, you sell and realize a 100k profit and now you get to send a check for $28,000 to the IRS.  That’s right, you buy gold to protect yourself from inflation, inflation happens, your paper money buys less so your gold went up but, for some crazy reason, you have to give the IRS 28% of your “growth."
This is partly why the IRS is a joke.  The central planners make inflation to get growth, and then things rise because of that inflation, but then they want some of your growth back into their own pockets?   One would argue that if the central planners are going make inflation all day by printing money that YOU should be allowed to benefit from the asset appreciation that ultimately helps YOU to counter their inflation and the rising price of the goods and services YOU need to survive.  But instead they want to ding you twice – once through an unfair tax called inflation and then again by taxing you on the asset appreciation that inflation created.
So, when we talk about the "right gold," we're talking about physical gold, which has none of the counter-party risk of ETF gold and is more shielded from the IRS.  What many conservatives are doing is removing some wealth from the fractional system controlled by criminals and into an asset that not only lives outside the insolvent banking system and outside the paper fiat currency system, but is also invisible to the IRS.  That's right, the IRS does NOT require the reporting of many types of gold and silver coin purchases and sales.  So not only are conservatives protecting their money and wealth from systematic collapse when they buy gold and silver, they are shielding themselves from IRS scrutiny.
Written by Damon Geller

If after reading these three articles today, you still don't get it... You never will.

The Fed Just Guaranteed $9 Gas and $3800 Gold

Now that the Fed has announced they are barely tapering their enormous stimulus program, it's more obvious than ever that a few powerful men have hijacked our economic, financial and political structure.  And here's a news flash: They aren’t socialists or capitalists.  They’re criminals.  The Fed's decision to continue buying $75 billion dollars worth of toxic banking assets and U.S. debt per month means the money-printing factory has just gone into high gear. Not only can you say goodbye to your paper-based savings and retirement, but the Fed just guaranteed $9 gas and $3800 gold.
The Fed's Spending Spree
Every month in 2013, the Fed increased its balance sheet by $85 billion, consisting of $40 billion in mortgage-backed securities and $45 billion in 10-30 year treasuries. The Fed is on pace to monetize roughly half of the US budget deficit in 2013. Putting it all together, the Fed's balance sheet has increased to $4 billion. A total increase of $1.17 trillion in one year!  And tapering to $75 billion isn't going to change much.
The Fed has been promising to taper their stimulus program pending the improvement of the labor market.  But as the labor market continues to stagnate, now the Fed has reversed course and announced that they will continue their reckless stimulus program (a.k.a "money printing") for the foreseeable future.
So, how does Fed spending affect the value of your money?  To clearly illustrate this point, let’s take a look at gold price action and debt accumulation since 2005.  I can take this back all the way to 2000, or even further, and it will hold true.  But then we would have to start inflation-adjusting the numbers.  (The US Treasury was used to gather this debt data):
  • 2005 US Debt = 7.6T | Gold = $430/oz. | Gas = $1.82/gallon
  • 2006 US Debt = 8.1T | Gold = $520/oz. | Gas = $2.28/gallon
  • 2007 US Debt = 8.7T | Gold = $635/oz. | Gas = $2.40/gallon
  • 2008 US Debt = 10.7T | Gold = $875/oz. | Gas = $2.90/gallon
  • 2009 US Debt = 10.6T | Gold = $855/oz. | Gas = $2.75/gallon
  • 2010 US Debt = 12.3T | Gold = $1,100/oz. | Gas = $2.80/gallon
  • 2011 US Debt = 14T | Gold = $1,320/oz. | Gas = $3.15/gallon
  • 2012 US Debt = 15.2T | Gold = $1,540/oz. | Gas = $3.40/gallon
  • 2013 US Debt = 17T | Gold = $1,580/oz. | Gas = $4.50/gallon
And here’s where we’re going:
  • 2014 US Debt = 18.8T | Gold = $2,200/oz. | Gas = $5.00/gallon
  • 2015 US Debt = 21T | Gold = $2,600/oz. | Gas = $6.00/gallon
  • 2016 US Debt = 22.7T | Gold = $3,100/oz. | Gas = $6.75/gallon
  • 2017 US Debt = 25.5T | Gold = $3,575/oz. | Gas = $7.50/gallon
  • 2018 US Debt = 28T | Gold = $3,800/oz. | Gas = $9.00/gallon
So... we'll surge to $28 trillion in U.S. debt by 2018. Based upon the chart above, that will put gas at $9 and gold at $3800.
The Gift That Keeps On Giving
As clear as day, this chart illustrates that Fed stimulus is truly the gift that keeps on giving if you are a holder of gold.
They call it “Quantitative Easing," or QE.  The reason QE is like the gift that keeps on giving for a holder of gold is because it blatantly debases the U.S. dollar.  Allow me to illustrate:
Round one (QE1) started November 25, 2008 and ended March 31, 2010.  During that 17-month period, a gallon of gas rose from $1.75 to $2.75 and gold rose from $725/oz. to $1125/oz.
QE2 was started Nov 3, 2010 and lasted seven months until June 30, 2011.  During the seven months of QE2, gas prices rose from $2.80 to $3.60 and gold from $1325 to $1700.   QE2 was also marked by massive global food inflation and global riots.   QE2 ended June 30, and we have had no further ‘major’ balance sheet expansion until mid-September 2012.
In the last few weeks leading up to QE3 and the week after, gold rose 15%.  During the summer of 2013, when the Fed starting backing off their "tapering" talk, gold rose a staggering 13% in a matter of months.  The proof is in the numbers.
QE3 Will Not Improve Labor; It will Ruin The Economy
This policy is complete insanity.  By 2018 when the debt peaks, gas will be over $9 per gallon!  These same factors put gold at $3800 by 2018! It debases the U.S. dollar significantly at a time when we need fiscal responsibility more than ever.  But here’s the real insanity behind this kind of move and its perceived intentions:  How does spending $85 billion a month buying toxic paper from banks even help the labor market anyway?  How can the Fed even get away with another huge lie and distortion like this one?
These policies aren’t really aimed at fixing the labor market or improving the real economy at all.  These policies are designed to be bailouts for too-big-to-fail banks and to keep rates low so that the Fed can service $17 trillion in debt.   This was a move that had complete panic all over it.
Protecting Your Wealth from the Madness
To actually achieve sound wealth protection at this point, you need to look for true diversification (as opposed to banker diversification), by removing some of your wealth from “the system.”  You need to get a portion of your wealth out of the insolvent banking institutions that don’t pay you any yield anyway, and then you need to buy some real money.  Some grass-fed, non-GMO, organic, real MONEY.  The unprocessed kind.  The kind that is not attached to all the political lies and corporate greed.  Money free of debt and that can’t be printed by criminals.  The kind that has outlasted every paper fiat currency ever invented by man for over 5000 years.
"The greatest trick central bankers ever pulled was convincing the world that they work for the public and not for the banks." If you presently do not own any gold, then you do not have the luxury of time.  The foundation and the safety of our monetary, banking and financial systems has never been less sound.  Never.  And while the media may try and convince you otherwise, I hope you have gained the ammunition to see the truth and make some decisions about how you will prepare for the inevitable math of the future.  You don’t have to be an optimist to make money, and you don’t have to be a pessimist to protect it.  You need to be a realist.
Written by Damon Geller

Alarming Gov't Plan to Confiscate Your Savings

Governments have been confiscating citizens’ savings for decades through deficits, inflation and outright theft, and it's about to get worse.  Bankrupt governments will do whatever is necessary to survive and feed the welfare state, and they have never been more bankrupt than they are right now.  Look no further than Poland confiscating half of citizen pensions.  If you knew the government was going to steal your savings from you, would you do anything differently to protect your savings now?  It’s an important question to think about now, because they ARE coming for your money, and some newly-discovered facts prove it.
“In the absence of the gold standard, there is no way to protect savings from confiscation through inflation.  Deficit spending is simply a scheme for the confiscation of wealth.  Gold stands in the way of this insidious process.” -- Alan Greenspan
The Fatter the Government, The Skinnier the People
The U.S. Debt, not including unfunded liabilities, is over $17 trillion dollars.  The sociopaths who are driving the titanic will be arguing over raising the debt ceiling again.  If we look back to September of 2011, which was the last loud debt-ceiling argument, gold rose 21% in a period of three months while politicians caused a major corrosion of confidence in our leaders.  When governments are broke, everything is fair game.
Government officials are parasites; they don’t produce anything.  They only feed off of those who do.  As one person said, the fatter the government, the skinner the people.  And when government officials cannot meet their obligations or fulfill the promises they made to the public, they’ll figure out ways to appropriate the public’s money to fund their projects.  Government officials don’t produce wealth; they only redistribute your wealth.  Desperate government officials will always resort to expropriation, which is outright confiscation.
If the Federal Reserve is currently buying 90% of the U.S. Treasury market and they are going insolvent, who do you think the government will lean on to pick up the slack?  The answer is YOU. Ten thousand Baby Boomers will turn 65 years-old every day until 2030.  And while the government has a debt problem of $17 trillion, not so coincidentally, our country's IRAs, 401Ks and retirement accounts amount to that same number:  $17 trillion.  What a convenient resource for the Federal Government.
So here's the plan:  The government will nationalize retirement accounts like IRAs, 401Ks, pensions, 403Bs, etc.  so that you will be forced to use a portion of your retirement wealth to purchase U.S. government debt – debt that will ultimately default, as it is not possible to sustain our astronomical debt nor the deficits that create it.
Plan to Nationalize Private 401K and IRA Retirement Accounts
If you do some research on US Bill “HB5337,” you will find the plan to nationalize retirement wealth.  On May 6, 2012 Lauren Schmitz, a research analyst at the Bernard L Schwartz Center for Economic Analyst (SCEPA), introduced HB5337.  This 401(k)/IRA de-privatization is the brainchild of Teresa Ghilarducci, whom through funding from the White House and the Ford & Rockefeller Foundations engineered a new “Regulatory & Tax Incentive.” The purpose is to force Americans to convert their Retirement Accounts into Government Managed accounts.
This plan to nationalize private 401K and IRA retirement accounts is being deceptively publicized as the government protecting the public against business failings or state bankruptcies.  Your cash, your retirement funds, your bank deposits and your investments are at huge risk of being confiscated by the government through some contrived reason or another.
The IRS Greases the Wheels of Confiscation
The IRS is refusing to issue tax ID numbers for single-member LLCs that are owned by an IRA, which is the specific structure that U.S. taxpayers create in order to ship their retirement savings overseasOf course, the IRS simply decided using its sole discretion to stop allowing Americans to create this structure, and hence, force them to keep their retirement savings in the U.S.  Without getting into too much detail on these structures, the bottom line is that the methods by which you could manage your own IRA and keep it out of the hands of the too-big-to-fail banks, and thus away from the grabbing hands of government, are being blocked in an effort to keep all that wealth accessible to the government.
Many People Have Been Robbed Already
Detroit’s bankruptcy destroyed many people’s pensions.  In Cyprus, the government raided people’s savings accounts in an example of outright theft.  And right here at home our too-big-to-fail banks, like BofA, Citigroup, HSBC, Goldman, Wells Fargo, JP Morgan Chase, Goldman Sachs and several others, are right now being investigated for robbing pensions via the rigging of interest benchmarks, among other investigations of fraud.  JP Morgan Chase, in the last two years, has paid $7 billion dollars in fines for fraud.
Yet these parasites remain in power, have had no further regulation placed upon them, and continue the same (or worse) risk tactics that led to the financial implosion of 2008 and subsequent taxpayer-funded bailouts.  These criminal organizations look more like organized crime syndicates than legitimate businesses.  Yes, these are the same folks  who are in charge and in possession of your wealth.  Whether you have your retirement funds in a money market, the stock market or the bond (debt) market, a bank or bank holding company hold and controls your wealth.  This means that when Wall Street, which relies on an incestuous relationship with the U.S. government, is asked to hand over access to your money, it’ll be a simple as a keystroke.
The Greatest Heist in Human History
In 1966, before Alan Greenspan became the Federal Reserve Chairman, he wrote an essay called “Gold and Economic Freedom.” In this essay, Greenspan explains, the gold standard limited government spending to the amount of gold held in reserve.  However, The gold standard was also unprofitable to the international bankers and the crooked government they collude with.  So the central bankers, in collusion with devious government officials, embarked on the greatest heist in human history, to repeal the gold standard.  Stopping at nothing, they attacked and crucified anyone who opposed them.  Eventually, the gold standard was repealed, the citizens' gold was confiscated, and a debt-based economy was born.
All the subsequent government deficit-spending and money-printing that followed the abandonment of the gold standard led to the Great Wealth Confiscator:  Inflation.  Inflation raises the cost of goods, while reducing purchasing power.  And massive money-printing always ends in hyper-inflation, which typically causes the price of gold and silver to grow exponentially.
The above article was written by Damon Geller
The Solution? Get your retirement funds out of the control of others and into your own control. Buy physical gold and silver. Now is the time, because gold and silver are artificially low right now due to Great Britain flooding the market to shore up their own debt problems. Right now, the price of gold and silver is below the cost of excavating and refining it! This means the low price won't last long. The market will soon correct itself and the prices will rise considerably. Do not buy gold and silver certificates. These can still be confiscated by the government. At least if you physically have it in your possession, if the gov't comes after it you can bury it until it blows over. Once the gov't takes control of your retirement, you become a government slave. They will control you and every aspect of your life.
All but the last paragraph comes from the link below: