The "U.S. Dollar" and Precious Metals: Important Trend

The "U.S. Dollar" and Precious Metals: Important Trend Developments

Friends and fellow casualties of the "U.S. Dollar":
From: Tom - silverstreaker@comcast.net

The "dollar" has definitively resumed its bear market with a vengeance. In fact it may well be entering a "collapse" phase, as its decline the last several weeks is bordering on precipitous. This has dire implications for anyone who is paid in, spends or saves "dollars." James Turk gives both the long term picture and how the recent countertrend rally in the "dollar" has abruptly ended in his excellent essay, "The Dollar Turns South" published May 5, 2006 on his website at http://goldmoney.com/en/commentary-print.html

I consider John Embry to be an expert in precious metals. I recall years back when he hastily "left" his position at the Royal Bank of Canada right after he publicly disclosed a startling memo authored by RBC (identified by RBC as an "internal" memo not for public release only after he released it) which disclosed bankster insider knowledge of unlawful manipulation of the gold markets. Subsequently, he moved on to Sprott Asset Management. There he founded and manages a precious metals investment fund that has performed remarkably well. He has demonstrated a consistent history of publicly challenging "consensus" economic lies.

Embry's latest essay, "Silver and Gold on a Tear", released May 5, 2006, reveals just how bullish the prospects remain for precious metals, especially silver (derisively referred to as "poor man's gold"), even after the tremendous price appreciation enjoyed by all metals since last autumn. In particular, please note the importance of the one highlighted statement in Embry's brief essay: "The price of silver is going dramatically higher." Please also note that I do not share Embry's enthusiasm for securities of precious metals mining and exploration companies (as these are ultimately only "paper promises to pay"). Enough said, read more here:
http://www.sprott.com/pdf/investorsdigest/investors_digest_may_05_2006.pdf

The bill is now coming due from decades of ostensibly reckless, but in reality, well-engineered inflationary economic policy and over-issuance of intrinsically worthless fiat money. Please be aware that every effort is being made by mainstream "authorities" and their moronic mouthpieces in the press and media to disguise the true cause and perpetrators of what is finally beginning to undermine U.S.A. Inc.'s shaky economic house of cards, already in shambles, as the whirlwind we have reaped begins to blow with unrelenting fury. Please protect yourself.

Your watchman,

Tom K.

Note: Should you wish to receive future emailings from me regarding matters of practical economic interest, especially precious metals and the collapse of the "dollar", you must reply to me by email expressing your interest in receiving further information on these topics. Otherwise you will receive no further mailings from me on these topics. You may circulate this information in its entirety only, including this footnote (please!) to those whom you believe may find this information of use and/or interest. Thank you in advance.

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SEE: "WHAT IS MONEY"
http://www.apfn.org/apfn/money.htm

http://www.apfn.org/apfn/money_system.htm

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Wake Up America - The Federal Reserve System
#1 http://www.apfn.net/audio/L003I060312114818-fed-reserve1.MP3 (5.16MB) 22Min 33 Sec

#2 http://www.apfn.net/audio/L004I060312121819-fed-reserve2.MP3 (5.97MB) 26Min 6 Sec
Fed (clip)

http://www.apfn.net/audio/L003I060313182306-fed-clip.MP3 (1.22MB)

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