Welcome To The Golden Minerals HUB On AGORACOM

Golden Minerals is a junior silver producer with a strong growth profile, listed on both the NYSE Amex and TSX.

Free
Message: Re: All a twitter...
3
Feb 04, 2013 04:44PM
18
Feb 04, 2013 07:09PM
11
Feb 05, 2013 11:18AM

If only we had free markets with no interventions.

How I reached my breaking point ten years ago today

by Simon Black on February 5, 2013

February 5, 2013
Santiago, Chile

Exactly ten years ago to the day, I was in the Kuwaiti desert waiting for George W. Bush to ‘make his decision’.

You may remember the circumstances. Ever since labeling Iraq, Iran, and North Korea the ‘Axis of Evil’ in January 2002, the President had been gradually advocating war with Iraq based on the threat of nuclear weapons.

We knew it was going to happen. At the time, I was a rising intelligence officer, my head still filled with ideals of national duty from my time at West Point.

One of the generals that I served under gathered together his officers in early 2002 and said, “We’re going to war. It’s not a question of IF, but WHEN.”

By late summer of that year, my unit was ordered to Kuwait to pre-position assets and begin gathering boots on the ground intelligence. So every time Mr. Bush would say “I haven’t made a decision yet,” I winced from the heavy stench of his BS.

But still, I held out hope.

It all came crashing down ten years ago today. On February 5, 2003 Colin Powell, four-star general turned US Secretary of State, made a case to the United Nations that Saddam Hussein had weapons of mass destruction.

Now, I won’t bother delving into the inaccuracies of the intelligence he presented. In Powell’s own words, making that presentation to the UN was “the lowest point in [his] life” and a “lasting blot on his record.”

For me, it was pivotal. At that instant, I knew without doubt that my government had reprehensibly lied through its teeth. And if they were lying about this… what else were they lying about?

Everything, it turned out.

The event set me down a path on which I never looked back. The fraud of the Iraq War soon led to the frauds of previous wars, our monetary system, taxes, the global banking system, the national balance sheet, the police state, etc.

It all unraveled so quickly, and I soon realized that I was not living in a free country… that all the loud, bombastic nonsense and pledges of allegiance were illusions masking modern day serfdom.

The subsequent ten years have only reinforced this trend. The political and banking elite have given us more war, inflation, and epic financial crises. They’ve turned Western civilization into a giant police state. And they’ve managed to brainwash the great masses so effectively that the people are crying out for more.

And yet, there are solutions.

After an emotional, gut-wrenching awakening, I traveled to more than 100 countries looking for freedom and opportunity. I learned that awareness, prudent planning, and global thinking can rebuild much of our stolen liberty.

Quite simply, you don’t put all of your eggs in one basket. History shows that when governments enter a period of terminal decline, they try to control EVERYTHING– wages, prices, borders, money supply, foreign exchange, private property, etc.

Of course, these tactics never work and only hasten the decline, as everyone from Emperor Diocletian of ancient Rome to Argentina’s modern day President Cristina Fernandez [will] have learned.

As destructive as these politicians are, though, they’re easy to defeat. Individuals who take action early have plenty of options to buy precious metals, move a portion of their savings abroad to a stable banking jurisdiction, and scout out locations overseas in case they ever need to get out of dodge.

These steps make sense no matter what. It’s hard to imagine that you’ll be worse off for shipping a few physical ounces of gold abroad, having some savings stashed away in a healthy foreign bank, or taking control of your retirement account.

However if it’s a bumpy road ahead– gold criminalization, capital controls, pension fund confiscation, etc.– you’ll be well ahead of the crowd.

I had to reach my breaking point before taking these steps. Fortunately I was early. Most people either ignore the writing on the wall… or they won’t do anything until it’s too late and there are no more options. I’m willing to bet that you’re different.

Share
New Message
Please login to post a reply