Thursday, September 30, 2010

Senator Franken Now Gets Involved with MERS - Letter to Govt. Officials and Treasury about MERS FRAUD!

WOW - The Hits KEEP COMING!  Al Franken Wrote a Letter to the Treasury Dept and other Government Officials About MERS!  This is AWESOME!  Questions if Foreclosures have been Legal. Click on letter to Read in Full Size!



WOW - Ohio Attorney General Refers JP Morgan and MERS to Federal Prosecuters!! MERS is BUSTED!


REFERRAL OF CHASE HOME MORTGAGE AND MORTGAGE ELECTRONIC REGISTRATION SYSTEMS, INC. TO FEDERAL PROSECUTOR: Secretary Brunner, in two letters dated Aug. 11, 2010 and Sept. 1, 2010, referred matters of alleged notary abuse in thousands of home mortgage foreclosures by Chase Home Mortgage and the Mortgage Electronic Registration Systems, Inc. to U.S. District Attorney Steven Dettelbach in Cleveland. Citing two depositions, (one & two) of Chase employee Beth Cottrell, taken in Columbus in May of 2010, and a deposition of MERS Secretary and Treasurer, William Hultman taken in New Jersey in April of 2010.  These depositions contain sworn testimony that at Chase Home Mortgage, 18,000 documents per month are executed and notarized per month by eight people, with admissions that:
  1. it is the notary and not the document signer who gives an oath who fills in numbers in the affidavits used in court ordered foreclosures,
  2. no oath is administered for the signing of each document,
  3. notarized documents are not verified by the person signing and giving oath that they have personal knowledge of the contents of the documents, but rather, signers are relying on verification by others,
  4. documents are signed in bulk and notarized in bulk separately,
  5. notaries know this at the time they notarize documents in this process.
The MERS deposition of William Hultman demonstrates that after corporate status changes occurred for MERS, new designations of authority were not executed, leaving one or more individuals for the former MERS corporation continuing to delegate authority on behalf of the new corporation without authorization by the new corporation.
According to its website: “MERS was created by the mortgage banking industry to streamline the mortgage process by using electronic commerce to eliminate paper…MERS acts as nominee in the county land records for the lender and servicer. Any loan registered on the MERS® System is inoculated against future assignments because MERS remains the nominal mortgagee no matter how many times servicing is traded. MERS as original mortgagee (MOM) is approved by Fannie Mae, Freddie Mac, Ginnie Mae, FHA and VA, California and Utah Housing Finance Agencies, as well as all of the major Wall Street rating agencies.”
MERS was created by the mortgage lending industry to:
  1. eliminate frequent re-recording of liens,
  2. avoid paying county recorder fees and other local taxes as mortgage loans are assigned as backing or securitization for derivatives trading by banks and other financial institutions,
  3. monitor and facilitate the transfer of original mortgage notes in the trading of mortgage-backed securities,
  4. foreclose on mortgage notes for unnamed note holders, even though it is not the real financial party in interest and does not hold the original note for the mortgage.
Currently, over half of all new residential mortgage loans in the U.S. are registered with MERS and recorded in county recording offices in MERS’ name, reducing transparency, leaving consumers unable to determine who actually holds the note on their homes.
Secretary Brunner made the following statement on the situation:
“Mortgage foreclosure documents must be notarized according to the law. Requiring this is not an afterthought or an exercise of form over substance—the law must be followed when taking away someone’s home, regardless of the circumstances.
For too long thousands of homes have been taken from consumers without proof that the foreclosing party actually has that right. Our courts must be cautious and require absolute adherence to the law. As the officer in Ohio who licenses notaries, I cannot stand idly by and watch financial institutions concoct a chain of title they never had by abusing the notary process.
It’s not fair to consumers or to the employees who by virtue of their jobs, are signing these documents. I urge the U.S. Department of Justice to take up this investigation with vigor and purpose to protect consumers and hold financial institutions to the standards of scrutiny and exactitude required by law, even if it means prosecuting some of our largest corporations. These apparent violations of state law point to schemes that merit federal investigation of large institution lending practices and use of the U.S. Postal Service.”
Last week, GMAC Mortgage announced it had suspended evictions and post-foreclosure closings in 23 states over concerns about employees preparing foreclosures with affidavits submitted to judges containing information they did not personally verify. Yesterday it was announced that JPMorgan Chase and Co hired external counsel to review its affidavit process based on the depositions of Beth Cottrell and is delaying approximately 56,000 current foreclosure proceedings.

Wednesday, September 29, 2010

IDIOTS In Congress - PASSED Trade WAR Against China Today!

Well, the Congress People never fail to dismay me.  What Idiots to pass a TRADE WAR against China Today!

As the article says, "What do they really hope to gain from this"?

It seems to me, the U.S. government Wants China to dump our treasuries they own, they are constantly taunting China and trying to rile them as much as possible!  They hold our debt, they can take out our economy in one days time if they decided to dump the T-bills.  Why are they doing this?  What do they want to gain from this?  Are they trying to propel the U.S. into hyperinflation and get a war started with China?  When I say War, I mean a real war, where people get killed.

Where is the reasoning of this government?  They pull these stunts and yet, they can not be fiscally responsible and do their constitutional duty by passing a 2011 fiscal budget.

All I can say is... those people who have not been paying attention to everything going on, are going to get a huge WAKE UP Call and Shock at some point in the future, when they wake up one morning and our stock markets plummet, metals shoot sky high and the cost of basic living has gone through the roof.

Seriously, people need to WAKE UP and see what is actually going on!

A Very important News Article about China and how dependent we are on them for our most essential rare Earth minerals in defense.  This Bloomberg article is about how the Pentagon needs China's minerals, because in the U.S. all the factories shut down that produced the items and shipped the factories to China.  The prices are now going through the roof for the items - 4 times price increases in just day's time.  So.... with the Trade WAR approved, seems to me, it is going to get a lot worse Real Fast now.

EDIT - 9/30/10  - Bloomberg has a Headline article regarding the Congress passing the bill this morning.
China is not happy about the Bill passing with the U.S. government trying to control China's currency and policy.

As I see it, We have a MAJOR Problem Come Friday Oct. 1st! Why? Because the U.S. fiscal year ends Sept. 30th - BUT Congress NEVER Set a Fiscal Budget for 2011..... Why hasn't the media mentioned this?!

I have posted previously about the U.S. government NOT even discussing or setting a Fiscal Budget for 2011.  They should have done this by April 15th of this year.  Pelosi, NEVER even brought it up for discussion for the Congress!

So, as of Oct. 1st - in one day from now, the U.S. will NOT have a Fiscal Budget for 2011!

I would like to know first what the hell they plan on doing and second, why the Hell hasn't the MSM even mentioned this HUGE Fact? Correction - Fox News did mention there is NO Budget for 2011, last week.
CBS also did an article about it, last June.

The U.S. by constitution has to set a Budget for the United States, yet this year for the FIRST TIME EVER, Congress has ignored this very important Fiscal responsibility for the citizens of the U.S.

I guess they think no one would notice there is NO budget set.

So does that mean they can SPEND AND TAX as they want?  Does that mean they have NO RESPONSIBILITY to the People of the United States?

What will happen come October 1st?  Will they then just pass one multi billion dollar bill after another to pay for their wars and salaries?

People need to understand, this government now is completely UNCONSTITUTIONAL!

With a government not doing their constitutional responsibility for their citizens, how is it they can keep passing bills and those be legal?  Will they pass bills to pay for their own salaries and make sure those are covered?

OH, one small thing about that.  The government did not raise social security for the increase of living expenses, as they said there was no increase of living cost.  BUT Congress and the Senate RAISED Their Salaries this year due to Living cost increases!  So, here is another question...............................   What data did they use for their salaries and what data did they use for the public's?   A social security rate increase is NOT Good enough for the People, yet it IS Good enough for their salaries?

We NEED TO DEMAND FISCAL RESPONSIBILITY AND A FISCAL BUDGET FOR 2011 !!  It is a Little late for that..... But better late than never!

What has happened to this government and people demanding their elected officials who get paid by the U.S. citizens tax money, become responsible to the citizens and start do their Constitutional Job!?

I am starting to think the 10% overnight devaluation of the dollar may be true.  The government will have many bills come due, come Oct. 1st.

EDIT - 9/30/10 - Drudge has a Huge Headline Across their Front Page - "They Couldn't Even Pass a Budget"!    So, The information is going to Get out today, I hope some MSM outlets pick it up.  People will become aware for the First Time our Government Did NOT PASS A FISCAL BUDGET!  They will pass One Spending Bill after another, it seems. 

Wall Street Journal - Breaks the News JP Morgan Suspending ALL Foreclosures! AWESOME NEWS! They are a MERS Corp!

 WOW - totally AWESOME!  JP Morgan Suspending ALL foreclosures due to Irregularities in the paperwork!  Yeah..... LIKE NO OWNER - they are the servicer of mortgages they are NOT the owners and they are a MERS Corp entity!  They can NOT Foreclose on people, ONLY the owner can!  And since it is MERS, there is NO owner!  They are getting Caught - We have GMAC and now JP Morgan.... Lets see the others follow and them Stopping Foreclosures!  LOVE IT!!

Portion showing on site:

J.P. Morgan Chase & Co., acknowledging that there could be irregularities in documents it filed related to foreclosures, said it is halting foreclosures until a review of its document-filing process is completed.
The company said the move affects 56,000 home loans that are currently in some stage of the foreclosure process. However, it says the number ...

CNBC - Breaking the Information:

Hhmmmmm...... U.S. Mint Stops Mint Production of 2010 Gold Buffalo and Eagles, NOW Canadian mint stops Minting of 2010 Silver Maple Leafs. Can someone say SHORTAGE OF METALS!?

Now Mints are stopping their Minting of coins due to metal shortage. They don't say that specifically, but you can read between the lines. The U.S. mint said due to "sold out" coins they will no longer make the Gold 2010 Buffalo coins nor the Gold Eagles. Yesterday the Canadian Mint has now said, they will not make any more 2010 Silver Maple Leafs. There were dealers who had already ordered and paid for the 2010 Silver Maple Leafs and were shocked the mint all of a sudden stopped any more minting of them. The Canadian mint has said it will start on the 2011 coins, but those will not be available for over a month.

Sounds like there is not the physical for the mints to produce their coins. Yet, if the Comex and London Metals Exchange actually had all those TONS of Metals along with JP Morgan and it's Trillions of Ounces of shorts and supposed metals available for sale....................... Then WHY would mints have to stop production of their coins?

I hope people have purchased metals and are ready for some Major action in the metals area.

I wonder if my vision of $297.70, as I was waking up one morning, of a one day raise of Gold comes true in the future?

News Station Report - People have Died from Flesh Eating Bacteria after being in the Gulf of Mexico water, One woman just from Cleaning Fish from Gulf!

A flesh eating bacteria killed a 12 year old after he walked in the Gulf water and his feet only got wet. Then it switches and talks about a 49 year old who died after waist fishing off Galveston Texas from the same thing. Then discusses a woman who died after cleaning seafood out of the Gulf in Galveston, from the same thing.

You can also get it, from eating contaminated seafood.

** Also please know, there have been many more reports of people being sick that are not in MSM.

Tuesday, September 28, 2010

China is hinting they may DUMP their U.S. Treasuries. The U.S. is really Pissing Them off. Congress to Vote on raising the Yuan Tomorrow

China is getting really Pissed off with the U.S. and they are hinting more and more about DUMPING their U.S. T-Bills.  They are saying they will trade them for Real assets and Commodities.

The U.S. seems to be wanting them to get Pissed off, because tomorrow (29th of Sept) they will be voting on a raising the Yuan value.


The U.S. dollar is “one step nearer” to a crisis as debt levels in the world’s largest economy increase, said Yu Yongding, a former adviser to China’s central bank.

Any appreciation of the dollar is “really temporary” and a devaluation of the currency is inevitable as U.S. debt rises, Yu said in a speech in Singapore today. 

“Such a huge amount of debt is terrible,” Yu said. “The situation will be worsening day by day. I think we are one step nearer to a U.S.-dollar crisis.”

Yu also said China is worried about the safety of its foreign-exchange reserves including those invested in U.S. Treasuries as the U.S. currency weakens, reiterating his earlier views on the dollar assets. The U.S. will record a $1.3 trillion budget deficit for the fiscal year ending Sept. 30, the Congressional Budget Office said Aug. 19.

China will independently determine the level of the yuan and the U.S. doesn’t need to vote on the issue this week, Vice Commerce Minister Chen Jian said in Taipei yesterday.

The U.S. House of Representatives is due to vote tomorrow on legislation pressing China to raise the currency’s value amid assertions the yuan is undervalued and gives the Asian nation a trade advantage. The legislation would let companies petition for higher duties on Chinese imports.

WOW MSM - Bloomberg - Article about MERS and Foreclosure Fraud - Says Class Action Suits Expected Against Servicers!

HOW COOL IS THIS!!!!!  Blooomberg has an article about Foreclosure FRAUD and how they Expect Class Action Suits against Mortgage Servicers.  Of course they don't say MERS, they would not dare, as none of the MSM has mentioned the Whole Thing of Mortgage Foreclosure FRAUD Stems from MERS!


Two senior executives at mortgage servicers said their companies were bracing for more legal action contesting foreclosures because of the press attention. The executives requested anonymity because they weren’t authorized to speak. 

“I anticipate some people I know, possibly myself, are going to be involved in reopening these cases to get money for people who can’t get their houses back,” said Richard J. Burton, a Miami attorney who started the Foreclosure Project LLC, which provides legal representation to homeowners facing foreclosure. 

Burton said he expects that a class-action suit will be filed against GMAC and other lenders seeking damages and to stop foreclosures. GMAC hasn’t stopped foreclosures, only evictions related to them.

Karl Denninger - Market Ticker - Writes about MERS - Today He has Questions for the President of the U.S., Regarding MERS!

Karl Denninger of the Market Ticker, has written about MERS previously, today he has questions for Obama regarding MERS.

Questions 3 and 4 from article:

Question #3: If it is proved that (1) the securitizations were not proper in the first place, and (2) not only were they improper but they were knowingly put together with either actual knowledge or reckless disregard for this fact, will you force the banks that were involved in constructing these intentionally-defective instruments to eat them?
Question #4: Yes, I know that if you do what is asked in Question #3 the banks will all blow up.  Every one of them.  There is some $1 trillion of this bogus non-agency MBS trash out there.  I don't care.  Yes, I meant it when I asked if you would allow The American People some justice - just this once - from all the scams, frauds and schemes - even if it sinks your best friends on Wall Street!

Jim Willie on Max Keiser - About Gold and Silver - Manipulation Getting Busted and the Gold Cartel Under Attack by a Select Group! They Want the Bankers Buried!

WOW - What a Video!  I LOVE Jim Willie, I think the man is Awesome!  He Always says it like it is!

He is saying a Group of Billionaires are determined to Bust the Comex and London Exchange.  They are every 10 to 15 days, Raiding the Gold and Silver to get the physical.  They want the Bankers to get buried that have been manipulating the Metals Market!

Even Bullion Bulls Website is Writing about the Mortgage Foreclosure FRAUD! MERS

This is So Fabulous!  More and More has gotten out about MERS and Foreclosure FRAUD!

Even Bullion Bulls Website has an article about it today. 

A U.S. risk-mitigation firm which “does extensive mortgage fraud research” concluded that 70% of U.S. homes currently in foreclosure involve (at least) one act of fraud. Put another way, 70% of the Americans who are losing their homes have been cheated out of them in one way or another. Even the Mafia can’t boast of an “efficiency rating” like that.

All MERS Foreclosures need to be HALTED!  The way it is going and all the information getting out, they just may be at some point!  More and more information is getting out about the FRAUD of MERS!

Monday, September 27, 2010

A Letter From Congress About Foreclosure Fraud and Servicers Foreclosing

Barney Frank, Corrine Brown and Alan Grayson wrote a letter to Fannie Mae's President, regarding their concern about the Foreclosure Mills in Florida and all the Foreclosure Fraud happening. 

They say since Fannie Mae is basically a government entity, they are worried about Fannie Mae's mortgages and if they are correctly being foreclosed on and if everything possible is being done to avoid foreclosures.  They also asked if Fannie Mae is using the Foreclosure mills.  They are very worried about servicers foreclosing on people, when they are not the owners of the mortgage.

I LOVE IT!  In other words - Everything that MERS is - they are now concerned about!  Since mortgage servicers are the ones foreclosing on people, Right there the Congressmen say IT IS FRAUD!  They have said it outright!!

Sunday, September 26, 2010

Freedom of Demonstration - Freedom of Speech? FBI Raids Anti War Peaceful Demonstrators Homes - Says they can be "Terrorist Links, due to them Demonstrating"

So, now it seems to you voice your opinion by Peaceful Demonstration and exercising your Freedom of Speech in what you believe in, you can be labeled a possible Terrorist and have your home raided.

That is exactly what has happened to five Antiwar activist in Minneapolis, they had their houses raided along with the local antiwar activist office, by the FBI.

The FBI sited "Possible Terrorist link" due to them being Antiwar activist.


The FBI raided the Minneapolis homes of five antiwar activists, including three leaders of the Twin Cities peace movement, Friday morning as part of what it called a probe of "activities concerning the material support of terrorism."
The Minneapolis office of an antiwar organization was also raided, protest leaders said. No one was arrested in any of the raids.

The federal search warrants in Minneapolis were related to an ongoing Joint Terrorism Task Force, Warfield said. He offered no details.
Protest leaders said the raids surprised them. Mick Kelly, whose home was searched, played a central role in the 2008 demonstrations at the Republican National Convention in St. Paul. Asked if he was involved in illegal activities, he replied, "Absolutely not.''

 More and more, it seems to look like, if we try to exert what people think are our freedom of speech and peaceful demonstration, we are labeled possible terrorist in the eyes of the government.  Yet, the U.S.  government leaders love to speak out about other countries quelling their citizens demonstrations.  They have become full of double standards "Do as we say, not as we do". 

I am just waiting for their next step of stopping any internet voices on blogs and independent media who do not agree with the road the U.S. is going down.  Until that time, I will still give my peaceful opinion on what I believe is happening.

Friday, September 24, 2010

Obama Heckled - People Yell "NO MORE LIES" Video

The video speaks for itself, from Aids Event 9/23/10.

People Yelling "NO MORE LIES" to Obama

Warren Buffet is NOW saying "We are Still in a Recession"! On Sept 13th (11 days ago) Said NO Double Dip Recession - Everything Looks Great! So NOW in 11 days, He changed his mind?!

Okay, let me get this straight..... On Sept 13th 2010, Warren Buffet came out and made a Big announcement.
"NO Double Dip Recession for the U.S., We are all Growth from here and I am a Bull on the stock market"!

His exact quote:
"I am a huge bull on this country," Buffett, Berkshire's chief executive officer, said today in remarks to the Montana Economic Development Summit. "We will not have a double-dip recession at all. I see our businesses coming back almost across the board." "I've seen sentiment turn sour in the last three months or so, generally in the media," Buffett said. "I don't see that in our businesses. I see we're employing more people than a month ago, two months ago." "It's night and day from a year, year and a half ago," Buffett said. "I know Wells Fargo, they would love to have $50 billion more of loans now. Go in and talk to the banker."

Yesterday, Warren Buffet has come out to say "Oppss, We are Still in a Recession", to CNBC.

Buffett was responding to a question from question about the National Bureau of Economic Research's determination earlier this week that the recession 'officially' ended in June, 2009.

We're still in a recession.   And, and we're not gonna be out of it for awhile, but we will get out of it.

People need to stop following those who are at the top of the ladder, Buffet will say whatever he needs to, to either get out of equities he knows will be going down, before everyone else.  Why is it, in 10 days time, he has changed his mind about the recession?  10 days ago, we had supposedly been out of the Recession since June 2009 - Now he says we have still been in one and it will be awhile until we are out.

Lets all be honest here.  The Real fact is, we are going into a depression.  Those are the facts.  

Question.... Have you looked at what Gold and Silver have been doing the last few days, despite those in power trying to stop it?  Protect yourselves and get into Gold and Silver - that is where your wealth will be protected and the value of your money (which is dropping fast everyday) will be as it is today.

Silver today is the highest since 1980, Gold is the highest in history.  

I will say over and over - Do NOT buy GLD or SLV - those funds are strictly Paper - the physical does not match the amount of money into the funds - it is a leverage of 100 to 1 of paper versus physical.

Wednesday, September 22, 2010

MSM - Big Article about FORECLOSURE FRAUD!! WOW - Finally a MSM outlet is running an Article on the Fraud - Washington Post

This is so totally Awesome!  Finally a MSM outlet - The Washington Post, is acknowledging the fraud lawsuits and the Fraud in Mortgages.  They don't say MERS in the article, but they do say how foreclosures may have been fraudulently handled, by a foreclosure factory.  

They are lightly touching on the subject, But it is a start.  They are not even going to the fact of MERS and no ownership in the article.  I am thrilled that there is even a MSM article that acknowledges there are problems with the mortgage foreclosures.  Remember GMAC is a MERS company, so...........

Portion from article:

Some of the nation's largest mortgage companies used a single document processor who said he signed off on foreclosures without having read the paperwork - an admission that may open the door for homeowners across the country to challenge foreclosure proceedings. 

The legal predicament compelled Ally Financial, the nation's fourth-largest home lender, to halt evictions of homeowners in 23 states this week. Now it appears hundreds of other companies, including mortgage giants Fannie Mae and Freddie Mac, may also be affected because they use Ally to service their loans. 

As head of Ally's foreclosure document processing team, 41-year-old Jeffrey Stephan was required to review cases to make sure the proceedings were legally justified and the information was accurate. He was also required to sign the documents in the presence of a notary.
In a sworn deposition, he testified that he did neither.

Monday, September 20, 2010

Case for $56,000 for Gold and $936 for Silver - Per ounce - Based on Facts and Information

Good Video, based on facts and information, it makes the case for $936 per ounce for Silver and $56,000 per ounce for Gold.

US Government 'hiding true amount of debt' - Australian Paper Says U.S. Debt Actually 200 TRILLION!

If this is true, it is more than even conceivable!  An Australian Newspaper is saying the U.S. is hiding the REAL Debt - it not 9 to 13 Trillion and is Actually 200 TRILLION!

Talk about hiding the truth from the people, this is more money than imaginable - that would mean almost a 1/2 Trillion dollar debt to each person in the U.S.


Mr Kotlikoff and Mr Moylan agree US national debt is much more than the official $US13.4 trillion number, but they disagree over how to add up the exact number.
Mr Kotlikoff says the debt is actually $US200 trillion.
Mr Moylan says the number is likely about $US60 trillion.

That is close to the figure quoted by David Walker, the US Comptroller General from 1998 to 2008.

He launched a campaign to convince Americans that the federal spending and debt is a greater threat than terrorism.
But whichever figure is accurate, all three agree that the problem has worsened in the last few years.

They say it is because Congress and the Administration, whether Republican or Democrat, consistently overspend.

I am EXCITED! Judge Finds FRAUD in Florida Foreclosures on JPM part - GMAC Halts ALL Foreclosures in 23 States - But this is MERS - Lets see what other servicers do!

This is so AWESOME!

This is a MERS mortgage servicer, lets see what happens with other MERS servicers.

GMAC Halts all Forclosures in 23 States - Due to Judges ruling finding FRAUD in mortgages in Florida!

As we pointed out last week, a certain judge in Florida set quite a precedent when he found that JPM, as servicer for a Fannie mortgage, had committed court fraud by foreclosing while not in possession of the actual mortgage. We then concluded that "The implications for the REO and foreclosures track for banks could be dire as a result of this ruling, as this could severely impact the ongoing attempt by banks to hide as much excess inventory in their books in the quietest way possible." Not a week has passed since, and we are already proven right. Today, Bloomberg discloses that GMAC Mortgage, a unit of the affectionately renamed Ally Bank, has halted all foreclosures in 23 states, including Florida, Connecticut and New York. Who would have thought that being caught with your pants down, doing something so blatantly illegal as collecting on something you do not own, would actually have adverse consequences. And GMAC is just the beginning - we expect many more mortgage servicers to scurry now that the light has been shone on their shell game. The silver lining - the permabull pundits will cheer this development now that foreclosures will plunge off a cliff as mortgage holders and servicers scramble to reconcile who owns what, and just on whose balance sheet the mortgage flows should show up.
Ally Financial Inc.’s GMAC Mortgage unit told brokers and agents to halt foreclosures on homeowners in 23 states including Florida, Connecticut and New York. 

David Morgan - Silver Investor Expert - On Fox News - Says Go Long Silver - Get Physical

David Morgan of

Was on Fox News - Says Silver is Very Undervalued and if people asked for the physical from the paper they own - prices would go much higher - hints physical is not there to the paper.

This guy knows what he is talking about.

He is also recommending for those who want to have funds into silver and do not want to take physical, but have the money in real physical - he says: - is a real fund.

He has lots out this last week:

Play Silver Don't get Stuck


Keeping my sources confidential, I have had a couple of calls from people in Washington, D.C., and a few from overseas, and they've woken up to the silver story. Before now, they were gold-only or gold-centric people. There's some relatively big money moving into the silver market, and because silver is such a small market relative to gold, it won't take much new money to move it substantially.

Fox Business had an article he did on their site.  Gold's Rally - Fakeout or Breakout?


Gold Trusts
A more secure investment option in gold, barring actual physical ownership - is the gold trust, also known as a gold-holding company.
The difference between a gold ETF and a gold trust is that the latter is more frequently audited. Also, in a gold trust, the investor does actually own part of an ounce of physical gold which is held for them by the trust. An investor can buy any fraction of an ounce that he or she chooses - however, at no time is she allowed to redeem her investment for the physical commodity.
There are fees associated with gold trusts, of which investors should be aware. These include a premium, usually in the neighborhood of 7%, that can increase with the price of gold.
For those investors who are interested in gold trusts, here are a few that I would recommend:
• Sprott Gold Bullion Fund
• Central Fund of Canada
• Bullion Management Group

I have been following David - GATA has his information on their site at times - he knows what he is talking about and he does all the research to know what is really happening.  What is also nice he is NOT a tool of the govt.  - He tells it like it is, he a business manner.

Sunday, September 19, 2010

I Continue to Be Shocked At What the U.S. Govt is Doing - Not Allowed to Dig on Beaches or Build Sand Castles Anymore (it might uncover oil under the sand)!

Really it is un Frickin Believable to What extent the government is going to, to cover up the oil on the beaches!

It has become illegal to dig in the sand and if you have a shovel in your hands, you will be approached and asked for identification!

A news media in Florida found this out the hard way.  The reporter went to the beach to see if there was oil under the sand.  He was approached by a wildlife officer and then a police officer, saying it was illegal to dig in the sand.  The reporter asked, if it was illegal to build sand castles and the officer said it was.

What has happened to this country?! Why are people sitting back and not saying anything?!

OMG - After Nov. 1st 2010 - You CAN NOT Travel last minute - ALL Travel Information including All Personal Information Has to be Given to Dept. of Homeland Security at Least 72 Hours BEFORE Traveling.

So, you like spur of the moment travel? You want to surprise another with a fast weekend trip somewhere? Well you will no longer be allowed, your travel information has be be provided 72 hours before any trip.

Now, I have a question.... What if a member of your family gets sick or one dies - we can no longer travel last minute?

Another question - WHY are they doing this? What happened to a relative amount of Freedom? Does anyone Really believe we have any form of Freedom anymore? It really seems we are going into a very controlled Police State at this time - it keeps coming piece by piece and people are not realizing it fully.

At what point will people wake up to what has happened to this country over the last decade.  Obama continues to Out Bush -Bush!  Yeah, we have a Change - A change into a Soviet Union style Marxist Government - where we will not have a freedom of movement without complete Government Issued Identification.

Here is the information from American Airlines Webpage:

As a result of the Transportation Security Administration (TSA) and Department of Homeland Security (DHS) mandate, beginning November 1, all passengers will be required to have Secure Flight Passenger Data (SFPD) in their reservation at least 72 hours prior to departure. This is the next phase in a program that was initiated by the TSA in 2009.

In compliance with this mandate you will be required to provide Secure Flight Passenger Data:

* To purchase any ticket on or after September 15, 2010
* To travel November 1, 2010, or later regardless of purchase date

You will be unable to travel without providing the following information.

* Full Name (first, middle and last name, as it appears on the non-expired government-issued photo ID that you will use when traveling)
* Date of Birth
* Gender
* Redress Number (if applicable)

Fish and Wildlife Would Not Test Seafood - Crabs are Toxic and Filled with Oil - Seafood Dealers Don't want to Hurt People by Putting them on Market - Video

Crab Fishermen are claiming crabs they are catching are toxic and full of oil they do not want to put them on the market. They had asked for the Wildlife Fisheries to come and test the crabs, but they did not. The U.S. government and Fisheries are saying seafood on the market is not toxic, they said they will come with the next batch caught. But I am guessing, no one is holding their breaths for that. Since the fisheries would never get there, while the crabs were alive and that is the only way they can officially test them.


Saturday, September 18, 2010

New Orleans News Station - Government Commission On BP Oil Leak - Intimidating Scientist who are Finding Gulf and Seafood is Toxic

This is what an independent U.S. government commission does?  They intimidate scientist that are finding information about how toxic the Gulf of Mexico Water and Seafood is?  I thought commissions were formed to find the truth - you know like 9/11 - Kennedy assassination and so on.  Yeah, I know.... those weren't exactly truth telling.

So the commission formed on the Largest Oil Leak in the World - is calling scientist intimidating them because those scientist have found the water and seafood of the Gulf of Mexico is toxic.  The scientist have not even officially released their findings, but the commission got wind of the test results.  They called the scientist wanting to know if they had Permits to test the water and they implied they were not happy with the results.

I commend this New Orleans station for running this News segment regarding this!

National Geographic did an article regarding the huge Fish Kill, which I had also posted about a few days ago.

UPDATE- 9/19/10

A scientist are saying BP's claims of 1 Million Gallons of Dispersant used is wrong, they estimated 40 Million Gallons of Dispersant used!

Friday, September 17, 2010

Today is Constitution Day - Sept. 17 - Does the U.S. Government Even Know that Word anymore?

Today is Constitution Day - September 17th. 

My question is, does the U.S. Government even know the meaning of that word anymore?  It does not seem so.

We have lost the right of Freedom of Speech
We have lost our Liberty, as we are not free anymore, but chained to the Patriot act, the government listening to our conversations, able to track and read our emails, we are under suspicion if we go to rallies or demonstrations, as we are then put on "terrorist list".
We have been chained to debt for our children, their children due to those in Government doing as they please.
It is not a Government "By the People, For the People" anymore.  The U.S. Government does the opposite of what the People want.  From the TARP to the Stimulus - the People Said NO - Yet the Government did the Opposite of the People's Wishes!

So, Happy Constitution Day!  We can Only think of what it meant in the Past, as it has NO meaning now and there is NO Constitution Left for the American People. 

I wonder what the founding fathers would be thinking now and how they would be treated by the Government we now have? 

The Only way to get back to any Constitution is to VOTE EVERYONE OUT!  NO Matter What - Vote the career politicians OUT!

Let's get back to the Constitution - But do I really believe we will?  I am sorry to say "No".  I can only dream this day will have any meaning once more.

Greenspan Admits Fiat Money Going to Gold and it is Canary in Coal Mine to CFR on Sept 15th

Former Federal Reserve Chairman Alan Greenspan admitted to the CFR (Council on Foreign Relations) that Gold is the Canary in the Coal Mine and Fiat money is going to it. He also said it is different from other commodities!

That central bankers should be doing what these columns, among others, have been rattling on about, namely that they should be paying attention to gold. “Fiat money has no place to go but gold,” the former Fed chairman said at the Council.
Said the former Fed chairman: “If all currencies are moving up or down together, the question is: relative to what? Gold is the canary in the coal mine. It signals problems with respect to currency markets. Central banks should pay attention to it.”

This should make some pay attention, now that Greenspan is even saying "Gold is where it is at".


Thursday, September 16, 2010

Hundreds are Sick around Gulf - Australia MSM Tells Truth - Video

Australian MSM video about one woman and environmental scientist who is determined for the truth to come out about the sickness of people around the Gulf of Mexico. I have to say I was also shocked while watching this video to see families out in the Gulf swimming at Grand Isle. How could parents allow their children to swim in the Gulf with all the toxins that have been poured into it?


FOX News - a Segment On MERS -

New Article Out About MERS - By a Bankruptcy Law Office -- Surveys Court Judgements and Reasonings For and Against MERS

This morning the news said, more homes were foreclosed on in the month of August 2010 than ever before, there was a 25% rise in foreclosures from a year ago.

Wait, don't all the media and others say the whole foreclosure mess has been over with and things have been steadying? 

The Bankruptcy Law Firm has done a survey of many Court Judgments for and against MERS.

The whole discussion is in PDF form. 

Wednesday, September 15, 2010

U.S. Government had Hearings Yesterday and Today for Taking People's IRAs and 401Ks to be Govt. Controlled

They have brought this up over and over.  The govt. wants control of Everyone's IRA and 401Ks - they call it *GRA*  Guaranteed Retirement Account.   The govt.  had hearings on it, yesterday and today. 
You need to be aware of what the government is considering doing.  They want the 6 trillion in IRAs and 401K's for U.S. bonds.  It is not like anyone is clamoring to buy the bonds anymore.  They will spin this to be "good for the people" as guaranteed retirement income as the govt is calling it GRA. 
FYI - Spain last month took IRAs for their bonds and of course Argentina did it, when they were having a financial crisis. 
Be aware of what the government is talking about doing - and they obviously are getting closer to doing it, since they had hearings on it. 
Also, would it be surprising for a lame duck Congress after the elections pass some outrageous bills?
From Above Link:
Washington — To day the U. S. Department of Labor’s Employee Benefits Security Administration (EBSA) released the agenda for the upcoming joint hearing with the Department of the Treasury on lifetime income options for retirement plans. Accompanying the agenda are copies of the witnesses’ requests to testify and testimony outlines. The hearing begins at 9:00 a.m. (EST) on September 14 and 15, 2010. The hearing will be held in the Labor Department’s main auditorium, 200 Constitution Avenue, NW in Washington, D.C.

Tuesday, September 14, 2010

Can CFTC VOID All Gold and Silver Prices From Today? Sept. 14 2010 - They say Phantom orders

UPDATE - 11:13PM - I spoke with someone who had their futures broker call the CFTC and ask them what this was about.  They wanted an explanation of what the full meaning of this article was.  CFTC only said they are looking into it and will decide what to do.  The broker has put more feelers out to those who really know information.  But, the guess is, they are putting this information out, in case they need to take back all the gains of the metals in a few days time.  So, they can say "it went up due to mistakes and not real orders".   I will keep watching for any information on this.

Added to Update - The broker said, mistake orders are put in everyday, but they are not publicized, so he feels this is suspicious and thinks they released it, to possibly fall back on it - for adjustment of prices later this week, if need be.   
We have a day where both Gold and Silver are rising fast!  What a Great Day!  NOW - CFTC has just come out saying "Phantom Orders" have been placed in the Energy sector!  

They are saying due to Rule 587 they can void all orders!

CME Group Inc., the world’s largest futures market, said it will treat inadvertently placed energy and metals trades yesterday as ‘phantom orders,’ though none of the transactions were canceled.

CME detects such trades its powers allow “including without limitation, closing the market, deleting bids and offers, and/or suspending new bids and offers,” according to Rule 587. 

Are they having this problem because they have not been able to contain the longs and orders on Gold and Silver, thus they can make ALL orders void and null?  They know the shorts can not cover the longs asking for delivery?  They were not able to control the price action today, so they are going to make all the price action become null and void?

I want to know what they really mean in this article, as they imply quite a bit in it.

Also, oil has gone down .80 today - the ONLY thing that has risen high are metals.  They sure didn't do this when Oil was going sky high to $140 a barrel 2 years ago.  OH, but that was okay - all on false future orders, as it made the big corporations Huge Money!  Yet, they can't let metals go up, because that shows confidence in Fiat money is not there!  

SO, the Big question is:  Will they Wipe out today's Gains in the Metals?  Lets watch and see what the outcome of this article is and what the full meaning of why they released this article in the first place.

Gulf Of Mexico - Billions of Dead Fish Washing Ashore, Including Whales - Dolphins - Also ABC Reveals Miles of Oil Underwater! U.S. Paid Propaganda Revealed!

No matter how much the government and BP have tried to make the information go away and they tell everyone "Everything is Fine and the Seafood is Great and most of the oil is gone", lying with every breath they take..... The truth can not be hidden for long.

Part of the truth coming out is a video from yesterday.  What looks like a paved road, is actually billions of DEAD fish, which included a whale, dolphin and other mammals, besides various varieties of fish washing ashore in bayous of Louisiana.

Video out Sept 13th:

ABC also did a story releasing the truth about "The oil being gone" as claimed by BP and the U.S. government.

They revealed scientist have found MILES of OIL under the surface.  The scientist have been bullied by the U.S. government in trying to Stop them from releasing this information, but I applaud ABC for actually telling the truth in this situation.

First sentence of article - also video is at above link.

Oil from the BP spill has not been completely cleared, but miles of it is sitting at the bottom of the Gulf of Mexico, according to a study currently under way. 

Now this is very interesting and revealing!  The U.S. has been PAYING for Media Propaganda on the Gulf Oil Leak (not spill)!  BP has been paying the U.S. government back for lots of the propaganda also, it has been revealed.  BP may also be paying for the Obama's "vacation" down to the Gulf, that included the FAKE picture of Obama and his daughter swimming in the Gulf, of which they did not.  At what point will people WAKE UP to all the lies about the Gulf that the government and BP are Spilling Out?!

Sunday, September 12, 2010

Obama had Raised the defict More in 19 Months than was raised in 200 years all together! SICKENING!

It is absolutely Sickening that in the last 19 months our Federal Deficit has been raised more than 200 years from the beginning of the country until Reagan combined!  In 19 months it has risen up 2.5260 TRILLION!

That is Change for you!  Change of bankruptcy and debt of the country!

Question.... does anyone know of ONE single Promise Kept by Obama, that he made during his campaign?  I sure don't!

U.S. Mint is Running OUT of Silver and Gold! No Pure Silver Products for Sale.

Seems the U.S. mint is in trouble in providing Silver Eagles.  When you go to the U.S. mint official Website, this is what you get, when you click on Silver Eagles:

Production of United States Mint American Eagle Silver Proof and Uncirculated Coins has been temporarily suspended because of unprecedented demand for American Eagle Silver Bullion Coins. Currently, all available silver bullion blanks are being allocated to the American Eagle Silver Bullion Coin Program, as the United States Mint is required by Public Law 99-61 to produce these coins “in quantities sufficient to meet public demand . . . .”

Due to the continued, sustained demand for American Eagle Silver Bullion Coins, 2009-dated American Eagle Silver Uncirculated Coins were not produced.

The United States Mint will resume the American Eagle Silver Proof and Uncirculated Coin Programs once sufficient inventories of silver bullion blanks can be acquired to meet market demand for all three American Eagle Silver Coin products.
Well that message has been up since July.  The reports of how many silver eagles and bullion that has sold over the last few months, show a marked decrease!   I am finding, people think it is due to demand being down, when they look at the chart of sales on message boards. 

What is more amazing is... Take a look at their Inventory of AVAILABLE COINS FOR SALE FROM THE MINT: 

Notice anything strange?

Like there are NO Eagles Available in ANY Form.  Also notice what coins they do have available - most are circulating coins that are not all gold or silver.  In fact there are only 5 coins available that have gold in them - those are 1/2 ounces ones on the front page.  What about pure silver ones?  Well good luck finding one available.  The silver dollars for sale - notice they do NOT say 1 oz .999 pure silver on them. 

People need to Look at the Real Situation of what is going on with Silver - the supply of physical is basically non-existent at the comex.  

This site as an interesting look at what the law is in the U.S. Mint providing Gold and Silver coins to the public as the Mint states on their website.



However, many contend that the 'domestic supply' law doesn't actually exist for silver, but has been confused with a different law on the books for gold, PUBLIC LAW 99-185—DEC. 17, 1985 99 STAT. 1179.
“(4) The Secretary shall acquire gold for the coins issued under section 5112(i) of this title by purchase of gold mined from natural deposits in the United States, or in a territory or possession of the United States, within one year after the month in which the ore from which it is derived was mined."
There is no mention of silver in this law. In fact, the only mention we found for silver supply chain requirements comes from Title 31 U.S.C. § 5112 : US Code - Section 5112: Denominations, specifications, and design of coins:
"(C) Sources of bullion. - The Secretary shall obtain silver for minting coins under subparagraph (B) from available resources, including stockpiles established under the Strategic and Critical Materials Stock Piling Act."
With respect to the law on the books for gold, the phrase "available resources" is somewhat ambiguous. Are there any qualifiers to an "available resource"?
This ambiguity is so serious that in 2002 Representative Frank Lucas of Oklahoma proposed the Silver Eagle Coin Continuation Act of 2002 (H.R. 4846) to the House of Representatives "to amend title 31, United States Code, to clarify the sources of silver for bullion coins, and for other purposes."

On June 25, 2002, this bill passed the house by a count of 417 Ayes to 1 No (16 Abstain) and moved onto the Senate as S. 2594 [107th]: Support of American Eagle Silver Bullion Program Act.

However, the Senate referred this legislation to the Committee on Banking, Housing, and Urban Affairs, where it has since remained, and has never been signed into law.

So where does that leave the situation? It apparently leaves us with an ambiguous law that is open to interpretation by the only party with the authority to make one - the Treasury Department.
We will discover the ramifications soon enough. If the United States Mint decides not to source in the open market or tap into strategic reserves, the data would indicate that there will be extreme domestic shortages.

Wednesday, September 8, 2010

Silver and Gold, FINALLY Manipulation about to End?

Adrian Douglas wrote a Great article about how Silver and Gold deliveries notices are delivered and how it all happens.  It seems Millions of ounces of silver are suppose to be delivered this month, but they have not gotten their Delivery notices.

Here is his explanation on how it is done and why the shorts might be caught.  But as always time will tell......

This is originally from Harvey Organ's blog

We talk of longs and shorts but when it comes to the current front month contract we should talk of buyers and sellers because at that point there must be a delivery process instigated. The current front month contract is SEP. Anybody who held contracts long going into what is known as "First Notice Day" (August 31 for SEP) is now OBLIGATED to take delivery and anybody holding contracts short is OBLIGATED to make delivery to the longs. (There can always be agreements to settle in cash but only if both parties agree but the obligation is for delivery). If you don't want to take delivery or you don't want to make delivery you have to roll or sell or cover your position BEFORE First Notice day.
The process is that if you are still holding a long contract on First Notice day you are "standing for delivery". You have to pay in full for your contract to your broker. The sellers (the shorts) must now issue "delivery notices" to inform the buyers that they will deliver bullion to them. Let's take SEP. On first notice day there were 3,002 contracts long and the same number short. But those holding the longs don't know who the holders of the 3002 short contracts are. So the delivery notice process is to match up the buyers with the sellers. Let's say you are holding 100 contracts. You need some one to tell you where your silver is going to come from. So the sellers of the 3,002 contracts have to issue a delivery notice to the clearing house to let them know they are a seller and they are ready to hand over the appropriate amount of silver. The sellers have 30 days to issue these notices. In theory the holders of 3,002 should ALL have received a delivery notice by the end of the 30 day notice period (Last Notice Day). These are assigned by the clearing house to the longs who are said to have "stopped" the notice while the seller has "issued" the notice. The delivery notice is sent by the clearing house to your broker. The clearing house assigns them in proportion to the holding. Once you have the delivery notice your broker will then transfer the money you have paid in full for your contract to the account of the seller at his broker. Now that he has confirmed his readiness to deliver and the money has been transferred you will then receive a "Warehouse receipt" with specific bar numbers and weights and with that you can collect your metal and take it away from the designated Comex depository. You can not take delivery with a "delivery notice" you have to pay the money and get the warehouse receipt.
Until the warehouse receipt has been issued the silver storage and insurance is paid by the seller. So they should want to start the process as soon as possible and issue delivery notices on the first notice day. Delaying issuing delivery notices indicates that the sellers don't have metal in the "registered inventory" of the Comex. If a delivery notice is issued and money is transferred the Warehouse receipt MUST be issued but if the seller doesn't have registered metal he can not enter specific weights and serial numbers on the warehouse receipt because he doesn't have any warehouse metal. So the seller delays issuing the delivery notice (which he can do because he has 30 days to issue). He then has to find some metal to put on the exchange or see if he can lease metal from an investor who has metal on the exchange or see if he can offer cash to buy a delivery notice from a long who has already received one. So a "dearth of delivery notices" means that the sellers don't have the bullion available because if they did the notices would be instantly issued on First Notice day. For example if we had seen 2600 delivery notices issued on first notice day this would have been bearish because it would mean there is plenty of bullion to meet deliveries and a large proportion is being offloaded to the buyers at the first opportunity.
Taken to the limit, if the seller FAILS to issue a delivery notice by last notice day then that is a "default". The seller is obligated to deliver and he has failed in his obligation to start the transfer of metal from him to a buyer.
It doesn't mean we will see a default this month but it suggests that the sellers are in trouble and scrambling for supply as signaled by the reluctance to issue delivery notices and the price action.
Adrian Douglas

Great Article out at Huffington Post about the manipulation of Metals and JP Morgan!

Very Small Portion:
Andrew Maguire of London blew the whistle on JP Morgan Chase's very likely profound manipulation of the silver market to the CFTC. As financial government watchdog agencies are wont to do these days, they did their best to sweep it all under the carpet. How the SEC handled Bernie Madoff's ponzi scheme is a prime example of this. This matter is not a ponzi scheme but it is a the largest scam ever going into the trillions of dollars territory. But back to Maguire who was quite determined to clean up the business of commodities trading. He goes public with powerful compelling evidence of JP Morgan Chase's manipulation of the silver market. This happens on a Kingsworld radio show. The next day someone tries to kill him by ramming a car into Maguire's car. Maguire and his wife who was also in the car are hurt pretty bad but survive. After this in their infinite wisdom the commodities watchdog the CFTC decides to have a meeting with most of the key players in commodities trading but exclude Maguire from attending. At this meeting a secret is revealed that could easily tear apart the fabric of our barely functional financial system. The secret is that for every 100 ounces of gold and for every 100 ounces of silver traded on paper there is only one actual ounce of gold and one actual once of silver to back up these trades.