Attacks on Gold Retailers and Student Loan Debtors This Week
Friday, June 10, 2011 at 6:42PM We have been writing here at The Dollar Vigilante for nearly one year exactly, this coming July 1st, about such things as getting your gold outside of the control of your own government and about how US student loans are an entrapment for, what we believe, will be military conscription.
Canadian Government Raids Reputable Gold Retailer
In our subscription newsletter we warn subscribers every month to geo-politically diversify their gold holdings and to keep a significant portion outside of their home country. We speak about it at nearly every investment conference and we have written about it numerous times in our Blog, including in the blog piece from last September entitled, "Get Your Gold Out of the US". Interestingly, in that blog piece we also nominated now famous, Anthony Weiner, for our IPOD (Idiot Politician Of the Day).
In that piece we warned about how the US Government was looking to "regulate" gold selling companies. Regulate is a code-word for, take-over, destroy or monopolise.
We have been warning that we expect this to happen regularly and today in Canada it did.
Kitco, a highly respected gold retailer, was raided by the Canadian province's version of the I.R.S. today. Revenu Quebec, the province's tax collector, didn't press charges but says it has "reason to believe" that Kitco AND other gold retailers have avoided paying more than $150 million in taxes.
Kitco has been a highly respected and reputable precious metals dealer for decades in Canada and it is highly, highly unlikely that they have done anything improper.
What is much more likely is that the Government has begun to crack down on gold retailers. Something we have warned about repeatedly.
It is for this reason that we advise subscribers to keep their gold holdings widely diversified amongst numerous countries, institutions, companies and locations to give yourself the best chance of avoiding being attacked and robbed by the government.
We often recommend some of the best countries and companies with which to store gold in our newsletter. Often these vaults are located in capitalist, free-market non-western countries such as Hong Kong, Singapore and in freedom stalwarts such as Switzerland.
We expect many more of these types of attacks so if you have not diversified your gold holdings - especially outside of the control of your own home government - time is running out.
US Government S.W.A.T. Team Raids Man Over Student Loan Debts
In our May 26 editorial, "The Door is About to Shut for Americans", we stated the following:
"A 2005 decree from the Bush Administration stated that student loan debt could not be dissolved through bankruptcy proceedings. The only other scenario where this “no-escape” clause exists is debt from criminal acts and debt from fraud. In other words, student loan debt is seen, by the US Government, as being similar to proceeds from crime!
What will this mean with more young Americans in student loan debt than any other time? It's anyones guess but it would not be out of the realm of possibility to force students who cannot pay off their debt into the military to repay their debt."
We also commented in March about the Department of Education buying shotguns that they were soon going to crack down hard on people who owe student loans.
This week that also came true.
A man with no criminal record, whose estranged wife owed money on student loans, had his house raided by a 15 member S.W.A.T. team and was pulled out onto his lawn at 6am and put him and his children in a squad car to be interrogated for six hours (see video here or below).
Time Is Running Out to Protect Yourself From TEOTMSAWKI
If you have been listening to our advice but think you still have a number of years to square your affairs before The End Of The Monetary System As We Know It (TEOTMSAWKI) you are taking inordinate risks tantamount to standing in the middle of the track at a live NASCAR race and thinking you might have a few minutes before you get hit so why rush.
We here at TDV are tracking all of the geopolitical actions that appear to be all aligning for what could be one very hot summer. With QE2 scheduled to wrap up on June 30 the US Government will likely be targeting a major event on or around that date to take the public's mind off of its outright bankruptcy. What form this takes is anyone's guess. A forced default by Greece leading to a Euro crisis? An attack on Iran, as has been planned for the last decade and with the US now having Iran practically surrounded?
Or perhaps another false flag attack in Europe or inside the US?
If you haven't yet moved to get significant assets outside of the financial system and outside of the control of your home government you should run, not walk, to do so.
And if you don't have significant assets you should be looking at investing anything you have into items such as precious metals and gold stocks now. If any of the above occurs we could see 10,000%+ type gains on gold stocks and 1,000%+ gains on precious metals.
We think this is going to be one long, hot summer.
Subscribe to The Dollar Vigilante today to learn how to protect yourself and prosper during the coming collapse of the US dollar based financial system and collapse of the US Empire.
Reader Comments (12)
Jeff. You know we see eye to eye many times, but you got to admit the gold bugs have caused a bit a panic within the fiat currency ( keynesian ) theorists. But it really is insignificant in the whole scheme of things.
As you have stated Canda has no g old. Are you saying that Steven harper is a idiot for not buying miiiions more ounces of gold? Should these governement be buying 10000% more gold?
I am sure if they beleive it is a good political move they will buy.
You gold bugs are trying to start a panic I think because you are convinced you know what is going on in the world and the average joe has no clue.
I beg to differ,
i think you are 65% right but I hope you are not.
And you are right about the doomsday theory I hope your newsletter helps pull us through the tubilant times.
We strongly advise you to stock up on long guns and accessories. Get passports if you can. Escape would be better than making a stand. These people are going to enslave us a little each day. Somewhere the citizens will have to stand together against tyranny.
In every corner of our nation we are seeing the trampling of the Constitution. Unfortunately, we are increasingly a lawless people. By the way, besides not trusting police and political leaders, do not trust the military leaders. God help us all, I am older and I was hoping that we could have rest from tyranny in my lifetime but it seems we cannot.
My family fought for three generations to protect this nation, I am glad they have passed and are not here to see this. This criminal government is getting worse by the day. I understand now why police are being shot. Like most Americans, I love our sons and daughters in the service of our nation. However, they are being used by an evil criminal government to oppress the rest of the world. I see now why they HATE us, why they kill our soldiers. If someone killed your family you would want to retaliate. It is only a matter of time, I suspect before an act of terrorism takes out an entire U.S. city by nuclear device perhaps.
This is so stupid and avoidable. I want to live in peace and prosperity not see my nation destroyed by criminals in high places. We the people have not betrayed the nation but the government and its contractors do so daily. Am I to be labeled un-American for speaking the truth?
Always remember to give some credit wherever due... at the lead of most major events, both economically and militarily, we find that the head of the snake is worthy of some recognition: Our history "owes"
much to the Rothschilds. Historically, they have managed to operate via their proxies: i.e. JP Morgan,
Rockefeller, Soros, Obama et al. So many writers fail to make the connection....
Bix Weir claims that KITCO, Royal Bank or Canada, and the Perth Mint were all involved in a Ponzi scheme; shuffling paper back and forth and dodging taxes in the process.
If true, they are neither reputable nor trustworthy and should be shut down.
Bix Weir: ALERT: The Takedown Begins: Cash In Your Paper Metal If You Still Can
If the link does not work, it is linked via my user name.
TMA
Good article- dopey comments!
... I'm tired... Can't we just all get along?
That anti-gold asshole Nadler is getting his just rewards and hopefully he lands in jail. KITCO a.....reputable gold dealer? More likely a bankster front. With a "prick with a bent pen" like John Nadler, I haven't trusted them since he's been in their employ. Hey, I don't trust the govt either but in this case KITCO and their pool accounts are about as phoney as those Fed notes that currently pass for (can you believe it?) money. All of them and like the dollar....their days are numbered.
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It appears inconsistent to say, get out of the financial system, then advocate holding gold stocks. A drift towards tyranny is referred to. "All roads lead to Rome" isn't quite correct, though someone would like it to be. It's more like "all roads lead to London" and The Crown, which has never given up retaking North America. The U.S. elite are demonstrably slaves to the Royal plan.
I wonder if you guys have ever read Kitco.com. Their featured columnist is John Nadler, the world's number one gold hater. He's been saying to short gold continuously since the gold price was $600/oz.
Also, Kitco's prices for gold have a higher spread to spot than most of their competitors, at least the last time I checked.
There is no doubt in my mind that Kitco is part of the gold price fixing cartel. As to whether or not they are tax cheats, we'll let the Quebec government sort that out.
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