Monday, March 30, 2015

The Gold and Silver Ratio is Out of Whack

"Given enough time, values always revert to the mean. But when something is severely out of whack, it will usually overshoot the mean before settling back in. The longer and further out of whack it is, the further it will usually overshoot. For more than a century, the gold / silver ratio has been further out of whack than anything I have ever heard of..."

- Mike Maloney, best-selling author of Guide to Investing in Gold & Silver

Wednesday, March 25, 2015

Silver, Gold, & Gun Dealers To Be Shut Down? Update On Operation Chokepoint

"At a minimum, Operation Choke Point is little more than government-mandated de- risking. FDIC, in cooperation with the Justice Department, made sure banks understood – or in their own language, “got the message” – that maintaining relationships with certain disfavored business lines would incur enormous regulatory risk. The effect of this policy has been to deny countless legal and legitimate merchants access to the financial system and deprive them of their very ability to exist. Accordingly, Operation Choke Point violates the most fundamental principles of the rule of law and accountable, transparent government."

Friday, March 20, 2015

The Greatest Wealth Transfer in History

"Though this will be the greatest wealth transfer in history, it will be nothing more than a repeat performance of a play that governments, the public, and precious metals have been performing time and time again, since the play first premiered in Athens, circa 407 BC."

- Mike Maloney, best selling author of Guide to Investing in Gold & Silver

Sunday, March 15, 2015

America is Choking: Operation Chokepoint

Last fall, I got a strange request from the bank I’ve been doing business with for more than 10 years. For the first time ever, this bank asked to see our books. When we asked why, they told us that they needed to review our risk profile.

It seemed odd to me, because we do everything by the book and are about as low-risk as a grocery store or a dry cleaning service. Not to mention the fact that, through all of the various fees we have to pay, our company generates tens of thousands of dollars in revenue for our bank each month.

With nothing to hide, we complied with the request. And naturally, we passed our unexpected risk assessment with flying colors. The bank thanked us for our cooperation, but never really explained the situation to my satisfaction.

A month later we were going through our semi-annual anti-money laundering (AML) training. This is another way we make sure our business is squeaky-clean at all times. Our employees are all trained to spot and report anything that has the appearance of illegality.

Tuesday, March 10, 2015

The US is No Different Than Any Other Empire

"It should be clear by now that the US is no different than ancient Greece, Rome, or any other empire that funded its expansion through fiat currency creation. Public works, social programs, and war, paid for by deficit spending, its a lethal mix and it always has been."

- Mike Maloney, best selling author of Guide to Investing in Gold & Silver

Thursday, March 5, 2015

War On Success: Here's Why America Is Doomed

This is the war on success that our government is waging. They are almost trying to make the economy worse by putting companies out of business. To Quote Jim Clifton of Gallup:

Our leadership keeps thinking that the answer to economic growth and ultimately job creation is more innovation, and we continue to invest billions in it. But an innovation is worthless until an entrepreneur creates a business model for it and turns that innovative idea in something customers will buy. Because we have misdiagnosed the cause and effect of economic growth, we have misdiagnosed the cause and effect of job creation.

For the first time in 35 years, American business deaths now outnumber business births. Let's get one thing clear: This economy is never truly coming back unless we reverse the birth and death trends of American businesses. It is catastrophic to be dead wrong on the biggest issue of the last 50 years -- the issue of where jobs come from...when small and medium-sized businesses are dying faster than they're being born, so is free enterprise. And when free enterprise dies, America dies with it.

- Source, Gold Silver