Thanks to P.I.G.

I have a good friend who is a professional investment adviser.  He specializes in helping preppers of all stripes hedge their bets and preserve their wealth given today’s volatile investment options and unprecedented levels of market manipulation.  Some of his clients believe we’re living in the end times, others expect a slow slide into chaos and still others expect a protracted recession or depression.

He’s kind enough to share his expertise with me even though I don’t come anywhere close to meeting his minimum asset requirement.  I call him the Prepper Investment Guru (P.I.G.).  He also tips me off from time to time about events and news stories that should be front page news but are ‘hidden’ on page 20 and adds context to some of the more obscure financial shenanigans that are taking place.

Recently he tipped me off to keep an eye on how economic history is being rewritten for political purposes by the U.S. Department of Commerce’s Bureau of Economic Analysis.   (more…)

The Protectionist Industry – Today’s Quote

This protectionist industry association (the American Society of Interior Designers) has engaged in a decades-long campaign to push licensing and titling laws for interior designers on several states. (Who else will save us from avocado appliances and bad feng shui?)

via Free the Horse Masseuses! – Reason.com

Andrew’s Note:  Cosmetology licenses required for hair braiders, food handling licenses required for the little old ladies at the church bake sale, ride share exchanges being put out of business by the taxi concessions, $100,000 fines for fathers teaching their children how to start a small farming business and compliance requirements that preclude our friend P.I.G., a licensed broker dealer from exercising his freedom of speech.  It seems to me that licensing and certification laws and regulations began as a way to protect the public but have now become a mechanisms for industry associations to assure high prices and tools for petty tyrants.

Lesson in Irony – Today’s Quote

Today’s Lesson In Irony:

This year, the Food Stamp Program, administered by the U.S. Department of Agriculture, is proud to be distributing the greatest amount of free meals and Food Stamps ever; to 46 million people.

Meanwhile, the National Park Service, administered by the U.S. Department of the Interior, asks us “Please Do Not Feed the Animals.” Their stated reason for the policy is:  “The animals will grow dependent on handouts and will not learn to take care of themselves.”

Thus ends today’s lesson in irony.

Unattributed, Submitted by P.I.G., the Prepper Investment Guru

Andrew’s Note:  We’ll be bringing you a number of quotes submitted by PIG over the next two weeks…enjoy…and thank you PIG.

Gold Backed Yuan – Today’s Quote

I note that China is doing two things: it is building up its gold reserves, and it is building up its military.  Furthermore, I believe China is getting ready to make its currency, the yuan, convertible…  China is preparing to make the yuan the world’s next reserve currency.  And I’ll ask this question once more — would you rather own a yuan which is backed by gold and a powerful military, or would you rather own a dollar, which is backed by debt and a shrinking military?

Richard Russell – via My Blog

Andrew’s Note:  Today’s quote was suggested by our very own P.I.G.

Gold Market Manipulation

For the past year or two I’ve had an ongoing conversation with my friend P.I.G. (the Prepper Investment Guru) on the mechanisms of market manipulation.  You may recognize P.I.G. as he’s a frequent contributor of ideas and quotes to Prepography.  Unfortunatly, P.I.G. can’t write directly for us as he has sacrificed much of his First Amendment freedom upon the alter of compliance because he holds a license to sell securities.  I pass along some of what P.I.G. shares with me but frankly much of what he shares makes sense when he explains it but not when I try to recreate the essence of the lesson or message.  Over time, I’ve come to realize that mechanisms of our financial enslavement are purposely so complicated that even a financially savvy amateur such as yours truly is lost without an expert guide.

P.I.G.’s explanations of market manipulation have led me to pay more attention and the manipulation in the silver market (my personal favorite) has been evident even to this amateur observer.  From time to time P.I.G. sends me an article that he feels captures an aspect of what’s going on in the financial markets…and these I can share with you.

As I previously mentioned, I’ve become interested in the mechanisms of market manipulation and my favorite market to watch is the silver market.  The more I’ve watched the silver market the more I’ve found myself interested in who’s behind the Bank of Nova Scotia and their strange pattern of trading which appears designed to reduce silver prices.  After reading The Hows and Whys of Gold Price Manipulation by Dr. Paul Craig Roberts and Dave Kranzler I now know who the Bank of Nova Scotia’s biggest patron is.

This article also has some of the best analysis of why the Federal Reserve has refused to immediately repatriate the gold reserves it holds for foreign governments when requested.  It does miss the point that what little gold the Fed returned to Germany was not the same gold that was put on deposit as it should have been.

Read  The Hows and Whys of Gold Price Manipulation and see why I’m going to be very nervous the day gold hits $2,000 per ounce.  Here’s a preview:

… request was provoked by rumors circulating [in] the market that gold was being leased and hypothecated in increasing quantities.  About a year later, Germany made a similar request.  The Fed refused to honor Germany’s request and, instead, negotiated a seven year timeline in which it would ship back 300 of Germany’s 1500 tonnes. This made it apparent that the Fed did not have the gold it was supposed to be holding for Germany.

Why does the Fed need seven years in which to return 20 percent of Germany’s gold?  The answer is that the Fed does not have the gold in its vault to deliver.  In 2011 it took four months to return Venezuela’s 160 tonnes of gold. Obviously, the gold was not readily at hand and had to be borrowed, perhaps from unsuspecting private owners who mistakenly believe that their gold is held in trust…

What we are witnessing is our central bank pulling out all stops on integrity and lawfulness in order to serve a small handful of banks that financial deregulation allowed to become “too big to fail” at the expense of our economy and our currency.  When the Fed runs out of gold to borrow, to rehypothecate, and to loot from ETFs, the Fed will have to abandon QE or the US dollar will collapse…

Economy Would Collapse Right Now – Today’s Quote

The world economy would collapse right now if markets were truly free [of manipulation]…and gold and silver would [shoot the ] moon…

P.I.G., The Prepper Investment Guru

Bankruptcy Is Like Hell – Today’s Quote

Capitalism without bankruptcy is like Christianity without hell.

Astronaut and Retired Air Force Colonel Frank Borman

Andrew’s Note:  Today’s Quote comes courtesy of my friend P.I.G.  (the Prepper Investment Guru).  If only government licensing regulations didn’t make it so hard for him to write for publication.  Too much of our money, time and freedoms have been lost in the name of ‘compliance.’

Enslave A Nation – Today’s Quote

There are two ways to conquer and enslave a nation.

One is by the sword,

the other is by debt.

President John Adams

Prepper Investment GuruAndrew’s Note:  Today’s Quote comes courtesy of my friend P.I.G.  (the Prepper Investment Guru).  If only government licensing regulations didn’t make it so hard for him to write for publication.  Too much of our money, time and freedoms have been lost in the name of ‘compliance.’

Aristotle on Sound Currency – Today’s Quote

Aristotle defined the characteristics of a sound currency.

Sound Currency Must Be:

  • Durable:  Money must stand the test of time and the elements. It must not fade, corrode, or change through time;
  • Portable:  Good money needs to hold a high amount of ‘worth’ relative to its weight and size;
  • Divisible:  Money should be relatively easy to separate and re-combine without affecting its fundamental characteristics.
  • Intrinsically Valuable:  This value of money should be independent of any other object and contained in the money itself.

Andrew’s Note:  It’s pretty embarrassing that our Federal Reserve Notes don’t fit this description much better than Bitcoins.

Today’s Quote comes courtesy of my friend P.I.G.  (the Prepper Investment Guru).  If only government licensing regulations didn’t make it so hard for him to write for publication.  Too much of our money, time and freedoms have been lost in the name of ‘compliance.’

Welfare Running Out Of Money – Today’s Quote

We are always hearing about how Social Security is going to run out of money.

How come we never hear about Welfare running out of money?

The Prepper Investment Guru (P.I.G.)

Andrew’s Note:  My buddy P.I.G., The Prepper Investment Guru recently sent me this thought…and whodathunkit…but it happened in at least a few states earlier this week when a computer glitch shut down the E.B.T. (Electronic Benefit Transfer) card system.  A related glitch actually removed the charging cap at other stores and led to a massive spending spree by some welfare recipients who found that they no longer had a spending cap.  God help us on the day that this entire ‘entitlement’ system suddenly crashes hard or shuts down for good because the only thing scarier than an zombie apocalypse is an E.B.T. riot…come to think about it, it might be hard to tell the difference.

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