Understanding the Creature from Jekyll Island & Protecting Yourself from It.

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Michael Strickland
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1 Understanding the Creature from Jekyll Island & Protecting Yourself from It. * 1910 Secret ( duck hunting ) meeting on Jekyll Island, Georgia. * Purpose: To establish a central bank controlled monopoly in the U.S. & Strategize how to secure passage of this unpopular measure in the U.S. * 1/6 of world s wealth represented: Banking Interests of Morgan, Rockefeller, Rothschild, Warburg & Kuhn- Loeb

Chairman of the National Monetary Commission,

Davison, Sr. Partner J.P. Morgan. Charles D.

, Abraham Piatt Andrew Assist. Treasury Secy.

Vanderlip, Pres, National City Bank of NY,

2 Nelson W. Aldrich, Republican whip in the Senate, Chairman of the National Monetary Commission, Father-in-law to John D. Rockefeller Henry P. Davison, Sr. Partner J.P. Morgan. Charles D. Norton, Pres. 1 st. Nat l Bank of N.Y., Abraham Piatt Andrew Assist. Treasury Secy. Frank A. Vanderlip, Pres, National City Bank of NY, Representing William Rockefeller. Benjamin Strong, Head of J.P. Morgan s Bankers Trust Co., later to become head of system. Paul M. Warburg, Partner, Kuhn, Loeb & Co representing the Rothschilds and Warburgs in Europe.

3 The Fed s Publicly Stated Dual Mandate Maintain Stable Prices Maintain Full Employment Theory: Fed s Independence to keep politics out of Fed s policy Decisions.

4 Full Employment? Grade - F

5 Stable Prices? F

7 The Creature s Actual Agenda Stop the growing influence of small, rival banks and to insure control over the nation s financial resources would remain in the hands of those present. Create a more elastic money supply to reverse the trend of private capital formation and to recapture the industrial loan market. Pool the meager reserves of the nation s banks into one large reserve so that all banks would be motivated to follw the same loan-to-deposit ratio. This would protect against currency drains and bank runs. Shift the losses from the banks to the taxpayers should the entire system collapse.

8 Who Owns The Fed & Its Twelve Regional Banks? Approximately 2,900 Individual Fed Member Banks own shares in their respective divisional Fed Banks. Approx. 4,800 non member banks in the U.S. Each member bank is required to contribute 3% of their capital stock to the fed in exchange for shares. A 6% annual dividend is paid on Fed reserve shares of stock

9 Dec. 31, 2008

10 The Fed s Report Card Its Stated Goals Grade F Protecting Its Shareholders Grade A+

And I have just one interest, and if I am wrong somebody else can have my job. I want to see this country prosperous. I want to see people get a job.

13 Historian Burton W. Folsom, Jr. on the false conclusions of the New Deal & why Obama will fail. We have tried spending money. We are spending more than we have ever spent before and it does not work. And I have just one interest, and if I am wrong somebody else can have my job. I want to see this country prosperous. I want to see people get a job. I want to see people get enough to eat. We have never made good on our promises I say after eight years of this Administration we have just as much unemployment as when we started And an enormous debt to boot (Roosevelt s Treasury Secretary Morgenthau)

15 Total Debt = $57 Trillion! * Debt is Growing Exponentially * Income is not * Unsustainable * Toping out leading to K- Winter?

17 S&P/ Case - Schiller Housing Index

18 Mortgage Delinquency Rates (%)

19 Home Sales (Red)/Inventory(Blue)

26 But, The U.S. Debt Is Much Worse!! $PV= IMF : 2X $202 T Taxes! CBO

27 $202 Trillion Dollar Question * Dollar Collapse & Hyperinflation? Or Massive Deflation & "Strong" Dollar?

28 / / China stocks, India stocks, Consumer stocks, S&P 500, Autos, Housing, Copper, Energy, silver, gold, U.S. Treasuries

Bob Hoye Institutional Investors Gold s Real Price

Financial Crashes (Real Price = Gold/Commodities) and

Bob shows in all prior five major global credit

30 Bob Hoye Institutional Investors Gold s Real Price Declines With Financial Manias, But Rises With Financial Crashes (Real Price = Gold/Commodities) and lasted for 15 to 20 years! Bob shows in all prior five major global credit contractions gold s real price rose dramatically. Gold s real price for the prior three:

34 When Will Winter End? Dow to Gold Ratio at 1:1 When U.S. Debt/GDP at more Normal Levels ( 125% to 175%) Blue Chip Stocks sell at < 10X PE & Pay Dividends from 5% to 10% When the Real Price of Gold Tops Out (15 to 20 year process from 2007 Start Date.

37 Commodities don t fare well during the K-Winter. Gold outperforms silver as well.

38 Possibility of Hyperinflation? Not Now!

40 Dynacor Gold Mines Inc. Shares Outstanding 35,532,167 - $0.80 Market Cap: $28.5 Million 2011 Op. Cash Flow/Share $0.35

41 Takara Resources Inc. Market Cap $4.7 Million

42 Baja Mining Corp. Market Cap $ 294 Million

43 Fox Business/CNBC Clips / BNN/ Junior Mining Stock Investment Videos

44 # 1 Show on Voice America Business Channel *Ron Paul * Robert Prechter * Marc Faber * Bob Hoye Ian McAvity * David Tice * Florian Siegfried * Matt Simmons* Dick Bove * Frank Holmes * Ian Gordon * Howard Davidowitz * Prof. Kotlikoff & many more

Industrialization. January 25th & 26th

Industrialization. January 25th & 26th Industrialization January 25th & 26th Warm Up - January 25th & 26th Based on what we have talked about with Jim Crow South, Westward Expansion, Urbanization, and Immigration Is progress a good or bad thing?