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The Worldwide Freedom Radio Network The Worldwide Freedom Radio Network The Worldwide Freedom Radio Network Ladies and gentlemen, yesterday we didn't have the metal report because Gene forgot all about it He didn't call, so I was racing around here trying to make sure that the line was open He wasn't even calling, so he's going to call today Just lift his mind, it's no big deal So that you'll get the up-to-date on the metals market in just a few moments In the meantime, if you'd like to help us continue to expand our programming We have back issues of Veritas National Newspaper available Full size, just like the New York Times, only better Tells the truth We have issues number 1 and 2 And issues 5 through 14 That's 12 back issues, ladies and gentlemen For $25 post-paid Normally, they're $5 apiece So normally, 12 back issues of Veritas would cost you $60 So you're getting about 60% off the normal price This is a great deal And they're only going to be available as long as we have them We're going to run out of them pretty quick Because we don't have a whole lot in stock So while they last 12 back issues All 12 back issues that we have in stock Issue number 1 and 2 And issues 5 through 14 Now, I must tell you If you're purchasing these for the collector's value That issue number 1 is a reprint With the banner of the newspaper in black instead of blue We did that so that the original run of issue number 1 Would still maintain its collector's value And nobody could purchase a reprint And pawn it off as the original issue All of the rest of them are the original issue Of that issue of the newspaper So if you were going to purchase this package For its collector's value Be advised that issue number 1 Has no collector's value But the rest of them do Now, the original issue number 1 Is worth an awful lot of money now I understand in fact I got a letter about Oh, maybe about 7 months ago From someone who said That there are 4 different people Trying to purchase his issue Of number 1 And they've offered him As high as $250 Can you believe that? I knew that these would be worth something someday Because they were limited runs And most of them, of course As all newspapers do Go in the trash can So there's not a whole lot of them around But I was surprised at that price But here's your chance To own all 12 of the back issues That we now have in stock For, oh, $25 postpaid And that's over 60% off the original price Which is $5 apiece for back issues of Veritas Also, looks like the phone is ringing And I'll bet you that's going to be Gene Miller And so we're going to go right to the phone And good afternoon, Gene Good afternoon How are you doing today? I'm doing fine Well, I want to apologize to your audience That I missed you all yesterday That was my fault I kind of carried away with a couple clients That's okay I've already done it for you What was that? I've already done it for you You already did it for me? I did it for you Alrighty Well, today, gold is sitting at $324 an ounce Silver is at $4.40 an ounce Platinum at $427.50 And the Dow was up 13.17 points Followed by a lot of volatility If you've been watching it the last few days You'll no doubt have seen a lot of volatility in this market And keep in mind, you will continue to see that until this thing finally decides to take the direction it's going to go And I believe that it's going to go down It's just way overvalued We've talked about this many, many times And even with the news now that the government came out with the CPI index, the consumer price index And all of it looks very, very favorable Very, very anti-inflationary and whatnot But nonetheless, the market didn't do anything It should have been a day that would have had a big rally But we didn't Also keep in mind, the CPI index and them telling you about low inflationary figures Some of what they're doing, I believe, is to get you discouraged on the fact of owning gold Because if inflation is down, then usually gold is down But keep in mind, the very ones that are putting these figures out are the ones that don't want you to own it They want to keep you as far away from gold as possible And so, or get you into something that they can control it And one of the things that they, I believe, initiated in this new tax bill Is that prior to this now, we could put American gold eagles or silver eagles into individual retirement accounts, IRAs Now they've opened it up where any form of bullion gold, whether it's cougar ants, maple leaves, junk silver Any of those type of vehicles can now go into your individual retirement account and be under the shelter of that Some people will be misled thinking, this is great, I won't have to pay taxes I can leave my money in my IRA, I can have the junk silver, I can have this or I can have that The problem that exists in this is that when you take your IRA money and put it into gold and silver Whereas it's still under the umbrella of an IRA, guess who physically has your gold and silver? The government does, the US government has it on their deposit And so when this whole thing falls apart and you're going to need it, guess who has it? They do, not you And so I really don't encourage people to go that route You may think you're saving a buck now by not having to take the money out and pay your taxes on that IRA or whatever to own the gold But the cost of doing that is going to be far, far shorter if you're not having anything when this whole thing falls apart You know what's interesting about what you just said about being on deposit with the US government Is that, oh, a while ago we ran a headline article in Veritas Fort Knox, empty was the headline? Yes, I have a vintage copy of that Oh, well that's a collector's item if you have it and it's in great demand, all of these are Oh, I know Anyway, we documented what had happened to the gold over the years And some people took me up on my admonition to not believe anything To investigate and find out for themselves So they wrote their congressman or their senators And told them that they had heard there's no gold in Fort Knox And wanted to know how much gold was in Fort Knox And when the last audit was and all that kind of stuff Well they got a letter back from their congressman who had phoned the Federal Reserve Telling them that there's literally So many, I forget the exact number, but literally trillions and trillions and trillions of dollars in gold in Fort Knox And that the last audit was just a few months before the congressman had contacted the Federal Reserve But what they didn't tell the congresspeople or the senators And what the senators and congressmen didn't tell the people who wrote in Was that the gold in Fort Knox does not belong to the Treasury of the United States of America Or to the Department of the Treasury or to the United States government It is gold that the United States of America in the person of the Federal Reserve Is storing for corporations, foreign countries, and financial banking interests around the world Oh yeah And because these people are paying storage fees The Federal Reserve does have to and will on a regular basis audit that amount of gold To verify that their gold is in fact in storage and so on and so forth It's a tremendous scan We have the record of how much gold was on deposit with the Treasury of the United States All the way back from the beginning of this country All the way up to the present time And what happened to it and when it was sold And when it was struck into coin and issued and everything else And folks, except for a very, very small token amount Which is negligible, as a matter of fact There is no gold in Fort Knox that belongs to the United States of America Exactly, I mean it's the biggest fraud that was ever perpetrated on our country What else is going on Gene? Well that's about it You know, the market was fairly quiet today And you know, keep in mind this is a window of opportunity That if you don't take advantage of it now You will kick yourself for not doing it Because we're buying gold at 12 year lows And so you have one of the best opportunities in recent history No, no Gene, these people are waiting until it's $450 an ounce to buy it And then they'll stand in line Then they'll stand in line, that's right Exactly We do have a special running right now It's a gold and silver special It consists of one roll of silver eagles Two one tenth ounce gold American eagles And a roll of junk quarters And the price for that delivered to your doorstep Handed into your hands is $275 American Federal Reserve notes I was going to say dollars No, it's not dollars They're not even notes There's nothing on reserve Yeah The most you can say about them is that they are Federal Reserve Is meant as the name of a private corporation Well, let's call it money money Money money, that's it You got it Monopoly Let me hear money money We'll get you some real money Yeah, they didn't name that game Monopoly for nothing Oh, by the way That delivered price includes insured to the door, right? Insurance, yeah Fully insured You never have to worry about it getting lost Yeah So And it has to go by US mail because nobody else will insure coins That's correct You have to go through private insurance companies FedEx, UPS Any of these other private carriers will not insure coins And so you have to go through private insurance companies And it becomes very, very cost prohibitive And it would end up being passed on to the consumer So we just elect to go through the US Post Office Registered insured mail It's been doing this for years and millions of dollars with the coins And never have lost any Boy, that's really lucky Because we had to stop using the United States mail And go to UPS Because we were losing a lot of stuff Well, they didn't like what you were saying to us No, they sure didn't And I'm sure that that's part of it Yeah Well, anything else going on? That's it You know, I did a broadcast yesterday telling everybody What's going on in the world that Dan rather not tell them On the 6 o'clock news And that they'll never hear on the communist news networks As far as the world economy And the devaluation of the money of a lot of the countries in the world I only gave them just a little tiny bit Because I only had an hour I didn't tell them anything about Brazil What's happening in South America I didn't tell them anything about the terrible situation that exists in Russia And some of the East Bloc countries I didn't tell them about the problems that some of the Scandinavian countries are having In fact, the socialism and the Swiss social structure is collapsing around their ears Their free medical care The socialist medical care has deteriorated to such an extent that the doctors aren't working And the patients are leaving the country to get care Oh, yeah And all kinds of other things People don't understand that they are on the verge of the biggest economic collapse in the history of the world Yeah, yeah It is happening all around us I've had opportunities to travel over into Eastern Europe and some of these places And see what's happening over there And you just can't fathom the poverty that is taking place And nearly everywhere around us We'll probably be the last holdout But it'll happen But everywhere around us has gone to a two-tier society The very few rich and the masses of the poor Oh, Gene, it can't happen here I know Not in America It can't happen here, Gene Absolutely No way My goodness Well, do you know anything about derivatives, Gene? Well, it's a little bit You know, it's just a real very risky adventure where you can lose not only what you invest But it can keep getting worse and worse and worse after that And you owe them money besides the money you put up front And it's basically kind of from what I am Yeah, the money you put up to invest You can end up owing money Well, exactly You gave them $10,000 to do a derivative And the derivative did not go in the right direction It went down And again, it's very, very, very risky investment You can not only sit there owing them You know, lose that $10,000 They can send You could end up owing them an additional $10,000 Or $100,000 Depending on how bad it went That's what happened to that bank in England That the guy in Singapore who had You know, this was a couple, three years ago But he had invested the money in derivatives Yeah And just lost the bank's fortune Jesse, well, what he ended up doing is lost the bank Yeah, virtually overnight I mean, it could happen that quickly And you're betting on really which direction the stock market is going And it's kind of a complicated deal And if anybody wants you to put your money into it, run Run like half the other direction Because that is not where you need to put your money Now I understand when that happened that Lloyds of London rang the shipwreck bill Yeah, they got a bell at Lloyds of London Every time a ship that was insured by the members of Lloyds of London By the way, Lloyds of London is not a big company It's a conglomeration of individuals and companies and insurance companies And people who put up money to insure risky ventures And it started back in the early days of shipping when ships were made of wood and men were made of iron And every time that they would hear of a shipwreck where their members lost money They would ring this big bell Yeah But now they Now they insure other things Like arms, legs, teeth, eyes, banks Rocket ships You name it Let go of my leg crusher, please My dog wants to play And he's got a hold of my leg Come on Go lay down Sorry about that He does that quite often On the chew toy, yeah He loves to play And sometimes he plays really rough Yeah, folks, I've seen this dog I don't want to play with him He's not what I would want to play with Anything else you can think of? At the moment I can't Like I say, just take advantage of the window of opportunity That you have In the Time Magazine a couple of weeks ago And I have copies of this So if you'd like a copy back to you Or mailed to you I'll be more than happy to get it out to you Where the government itself Is putting together contingency plans For a collapse in the economy And a collapse in the stock market The various stock brokerage firms Are setting up extra phone banks They've got this set up So that they can convert their lunch room Drop phone lines The phone lines are already in place In the ceilings above the lunch room So that when this thing falls apart They will be inundated with phone calls Panic buyers Or panic clients That won't be able to get out of the market And they have where they can just Automatically the phone lines are there And set up the phone and the lunch room Into a disaster area Or whatever To handle the phone calls The thousands and millions of people They're going to be calling Yeah! I'm losing everything What can I do? What do I do? You know? Well we recommend that you hold onto your stock And wait for the turnaround You know one thing I do You saw that movie Airplane didn't you? Yeah, yeah, yeah Remember when they'd go in the drive And all the oxygen mass Drop out of the ceiling of the plane? Yeah, that's what's going to happen That's what's going to happen All these phone lines are going to drop out of the ceiling You know I covered all of this yesterday Documented it Gave them the sources Everything You know one thing I found out the other day I talked to a commodity exchange One of the security exchange places And let's say you got a stock And it just gives You know for some reason or another The mismanagement Whatever And the stock just goes into the toilet And it can even be delisted There was one last year I'm trying to think what it was I can't remember the name of either But I remember that And some people were very upset They opened the paper one day Their stock wasn't listed in the exchange No, no, it was delisted Taken off the stock And it just, you know People have lost basically all their money But you know what? I asked this woman Isn't that like the death blows of these companies? And this guy says no They've already got your money Not at all They don't care See, the original issue of stock Funds the company Yeah From then on out It's just people like trading baseball cards Exactly And they've got their money They don't have to pay it back ever Yeah, the American people think that That if the stock market collapses The companies go out of business That's total bunk That's one of the myths created by the socialists To try to scare you about the depression years And all that stuff They say the banks were closed The banks were closed for three days Only Nobody went out of business Unless they had all their money invested on the stock exchange Exactly That's the people that are going to lose So when this thing falls apart The company is not going to lose it Die That's right It's just going to be the people It's going to be the people And that was the crazy You know what? This is absolutely crazy Gene, you know something? I have discovered that the American people Are the most ignorant people in the world When it comes to money, investments, stocks, stock markets, companies How companies operate Unless they're a part of the management of a company And they do investments and things like that Other than that, they don't know anything about the very medium of exchange The thing that I don't know, not at all Both of them have turned their money over to some sort of manager You know, I was dealing with some clients You mean they're economically incompetent? Well, exactly Like when they hire a lawyer and go into court They become legally incompetent? Yeah You know, I was dealing with some clients in Beverly Hills And these were pretty affluent people And these people did not know what they were worth They did not know where their money was How much they had Where it was being invested They turned their money over to a money manager A money manager gives them an allowance Yeah They give them an allowance once a week Yeah, over a period of 20 years The money manager steals all their funds And then one day they wake up They don't have anything That's happened to so many of those people Oh yeah, they wonder You know what? There's scores of them that thought they were rich And then they come to find out You know, the manager hasn't been paying their taxes Or hasn't been doing this Or you know And it was just ironic that these people I said, well I don't even know how much money I have I said, what do you mean you don't know how much money you have? They don't even know if they're supposed to pay taxes or not They just do it because somebody told them they're supposed to Here, sign this Sign this, you know That's amazing You know, I bet you I could call 20 people today Just dial the number at random And tell them that I was some official sounding name And tell them all to report to some specific spot At 4 o'clock this afternoon I bet you every one of them would show up Yep Wouldn't ask any questions or anything Is that why you call sheeple? That's exactly why I called them sheeple She fled to slaughter Yeah, they followed the Judas goat They get sheared first In fact, right up on the mountain here Well, I've already talked about that, haven't I? Everybody's already heard that Because I talked about it a few days ago They've got big herds of sheep up here on the mountain And they're shearing them right now So everybody can go up and watch the sheep get sheared And pretty soon We can all watch it on television Yeah Because it's going to happen Yeah You know, this isn't funny And I don't want anybody to think that I'm I'm laughing at the misery that's going to come out of this I'm not What's funny to me is What's funny to me is Is No matter how you educate people No matter what you show them No matter how well you document it and source it You could prove it to them scientifically At high noon in Times Square On the Communist News Network And they'd still go about their everyday business Not changing a thing Now to me, that's hilariously funny People have got All they really care about is make sure they've got cable TV And their cars in the garage And the food on the table Yeah That's it, you know There are people in this town, Gene Who are barely making enough to eat and pay their rent In fact, they're always behind in something Yeah And they're always complaining and griping Because they don't have what their neighbors have Yet, I have a good friend who always has worked for people He offers these people a job And guess what they tell him? Well, if I take your job Then I'll go out of the bracket where I can get welfare and food stamps Yeah And I'll have to give that up Yeah, I can't afford to work Woo! I'm glad they said it to my friend and not me Because I have to slap their ears off I tell you right now, I just would have to do that And then I'd end up in jail We have a backwards society Well, I think it's more I think the term is moronic, really If you want to know the truth But that doesn't go for all people And it doesn't certainly go for most of the listeners to this broadcast No, no They do have some wisdom But I think they've been taught over the years by yourself Well, not just me I mean, these are people who are looking for the truth They've been looking for most of them before I came along Some of them began to be awakened here In fact, maybe a lot of them were awakened here But nevertheless, they're the people who are always looking and trying to find out what's real and what's true And that's what's important about them That's what makes them very special Yeah There are some that know the truth You know Well, the truth is elusive Not all of us know all the truth Not me, not anybody But we're sure looking And we're doing more about finding it And we found more of it probably than any other group that's around Let me put it that way Yeah Well, you want to give out your phone number And talk about that special survival pack number 3 once again And you might want to mention that you have other things And if somebody has something on their mind Give your call and by golly, you'll find it for them Yes, absolutely We'll answer any questions that you have And if this survival pack that we have isn't what you need But you need something different Well, certainly we have it all We can put together any type of package for you But we just offer these specials for people to get started Or add to their portfolio The number to call is 800-295-2432 Again, 1-800-295-2432 It is a toll-free number The current special that we have right now Is one roll of silver American Eagles Those are one ounce silver coins One short ounce coins A two one tenth ounce gold American Eagles And one roll of 90% quarters 90% silver quarters They call them junk quarters or junk dives Isn't that funny? They call those junk quarters or junk dimes Junk silver is really the overall term for them And they call what they've got in their pocket quarters, dimes, and dollars Yeah, they call the stuff we have now money And they call the old stuff junk Yeah, and the old stuff is the real money And the stuff they have now is really the junk See, that's what's funny about all this stuff You know, I laugh at this stuff all the time Yeah Come a day soon, it won't be funny at all People will be literally going insane When this stuff, you know When this thing falls apart This type of stuff will disappear just overnight Yeah, it will not only disappear But the value of it will increase Oh, it will go skyrocketing Yeah And you won't be able to buy it You won't find it It will be hoarded up so quickly That it won't be able to be bought no more Until, Gene Here's what I know they're going to do When this happens, it will go up through the roof And then they will take all of their gold and silver reserves Out of their vaults around the world And dump it on the markets Oh, yeah And it will cause the price of gold and silver to sink to almost nothing And what that is is fool's bait They want to buy it all back at the very lowest price And get the hands, the gold and silver Out of the hands of all of the people of the world All in one fell swoop Most people will fall for this They will be terrified when they see what happens to the price of gold When they dump all this stuff out of their vaults on the market And the price just plummets down along with the paper stock And then when it's all bought up at almost zero price Only those people who will still have gold and silver will be well off And in fact, they'll control all of the underground markets And what they call the black markets And I anticipate that gold will stabilize This is just my opinion But I anticipate gold will stabilize around $2500 an ounce or more And silver won't stop until it hits at least $150 an ounce or more That's my projections When they pull the plug on this phony economy that they've built up around the world Oh, absolutely Well, I mean, like you said Even with the little bit of money that Or the little bit of gold that the central banks have dumped here recently Like Australia And Yeah, that's what happened just recently That's why the price of gold went from $385 all the way down to almost $300 Was Australia dumped their gold on the world market And I think that was a shock test To find Not a curse, this is great Hey, when it drops down, let it drop to $200 I'll buy even more Yeah You know? I don't look at that because I know that it's not for now that I'm going to use this It's for later that I'm going to use this It doesn't even make any difference If you're buying it to protect your assets, it doesn't matter what price you buy it at Gold will always buy the same number of loaves of bread that it did 3,000 years ago or 2,000 years ago Or that it will 500 years in the future Exactly, exactly And that's You've got to get the right mentality And you've got to understand that the fluctuations in the price of gold have nothing to do with its honest and real value It has to do with manipulation of the market and people's confidence in phony paper that has no backing Exactly Gold always has the same intrinsic value that it always had and it always will have that value In fact, it's the only universally accepted real money on the face of the earth no matter who you're talking to What language they speak, where they came from, whether they're wearing a little strap around their crotch and walked out of the jungle yesterday Or whether they live in the biggest, most industrialized economy and cities in the world Everybody knows that gold is Yep Exactly Well, you know, you're over the half hour You might as well just stay with me till the end What else can we talk about? I was going to get into something else here, but now I really don't have time So let's just stick with this Okay What else you got to cover? What do you want to cover? Oh, yeah I can't think, sure Let's talk about numismatics You know, a lot of people out there hear us talk about numismatics And they have no idea what we're talking about Well, I'll share something about that In fact, when I was in the Air Force, I was an aircraft and missile neutralic technician When I first heard the word numismatics, I thought it was something along those lines That was many years ago when I was a little feller Well, I guess I wouldn't mind sharing with people that they need to Actually, I said little, not little feller, younger feller Younger feller Is what I meant You were a big fella, huh? I was always a pretty big feller, yeah You know, one thing I think people need to be careful with when they're dealing with numismatics Now, personally, I like numismatic coins, but to a degree Jane, what does numismatic mean? Well, it means that the coin has an intrinsic, it has its, number one, its intrinsic gold value But then it has an added value due to its rarity or the scarcity of the coin Yeah, as an example, it doesn't have to be gold either It could be a bronze coin from ancient Rome Exactly, it could be any type of collectible coin or semi-collectible coin Now, the one thing I believe that you have to be very, very, very careful with is the numismatic realm Because there's, the term numismatic covers a very, very broad spectrum of coins The term to be classified according to the government's statement is that the coin, whether gold or silver, has to exceed 15% above bullion prices in order for it to be called a numismatic coin When you're talking about 15% above bullion prices, that's the spot retail that it's trading for on any given day, right? Exactly Now, so that can cover very low grade, $20 gold pieces, you know, VF, XF, you know, very inexpensive, you know, gold places All the way up to rare, rare, you know, one-of-a-kind coins that cost a million dollars They all fall into that term numismatic Yeah, and let me stress again, you're using examples of gold coins and the audiences might take you literally It can be any coin, it can be silver, it can be a medallion struck for the World's Fair, as a matter of fact Exactly, it could be just an Olympic coin, an Olympic silver coin, anything that, due to the market of the coin, achieves a 15% premium above its gold or silver Or whatever metal content that it's made out of, will be classified as numismatic Now, one thing that you have to be careful with in numismatic is that you're dealing with a coin that there is a real market Now, what I mean by real market is that a market in order for it to be a legitimate real market means that there are people that are calling and requesting certain types of coins And are not being talked into it and convinced that this is what they ought to have Yeah Okay, you can take These are based upon the demand of collectors who have a space to fill in their collection Most of these collectors are very wealthy They'll spend just about any amount of money within reason based upon the number of coins that there are existing in the world that have survived to fill that space Exactly, exactly Well, but one thing that people have to realize there is, there is that collector numismatic market There are coins that are kind of fall in between there that are better than just common dates For example, like in St. God's, a common date would be a 1924 They made like 4 million of them that year And so they're, the odds of them surviving over a coin that they only made several thousand is certainly much greater And subsequently, that's true There's far more 1924 $20 gold pieces out there Now, no collector out there is wanting a 1924 So that's not a collector driven market But it's a market that's driven just by the general public wanting to buy gold Now there's some coins that are in between that market The common date market and the ultra rare market That are just slightly better date markets They're still all numismatics Even if they're all numismatics But they can have a little bit better date mark, dates, than say the common dates Those are generally being pushed by, you know, various coin companies around the country They get substantially more money for them There's much greater markup in the coin But those coins, you have to be cautioned that That market is a created market There is, number one, the coin collectors already got those coins They're not looking for them anymore So they're not going to be driven by that market Yeah, if the coin collectors didn't already have them You wouldn't be able to phone somebody and get 10 tomorrow Exactly, exactly So they're not driven, that market is not driven by coin collectors And the common date market has its other, you know, clientele That there's people buying common date coins back and forth Just like people buy stocks and bonds and stuff back and forth all day long So that's a legitimate market that there's legitimate people requesting it That in between market, nobody really, it's kind of the no man's land Nobody really knows about it But it's slightly better date coins And coin companies are asking 3, 4, 5 times the price for these things Under the guide that Well, you're buying a coin that's 100 times rarer than a common date mark coin And so it should subsequently do better in the market Well, now when you go back and look at historical trends Look at the prices What coins have done year after year after year after year In their high parts, in their low points These coins in that in-between part Haven't done any better In fact, some of them haven't done as well In fact, when it's not a real market When it's a market that a company creates in order to promote that particular item And then they're done selling Now let's say they have only 100 coins and they sell to that 100 coins Well, they can't sell you another 100 coins if they don't exist So they have to go on to something else But because it was a created market And then they went on to create another market And there was no real substantial demand for that particular coin Every time I've seen it happen Every time The coin, even in a good market Would fall right through the toilet Because there was no demand Only demand that was created by the company And so you have to be very careful I'm not When I'm dealing with clients Unless you are a coin collector And want to collect coins for the beauty of the age And the prestige And all this and that I don't ever recommend you to buy dated $20 gold pieces rare coins Because I don't buy them I have no interest in being a coin collector I have no interest in protecting my financial assets And it's just extremely risky To be quite honest with you So you have to be very careful that you get into a market If you are going on numismatic coins You get into a market where there is a real market Or legitimate market where coins are being bought Coins are being bought Because people are requesting them Versus being talked into Do you understand what I'm saying? Oh yes, I understand exactly what you're saying And you also have to be careful with games That these coin people play back and forth with each other I've seen people go to a legitimate coin dealer And buy a legitimate collector's numismatic coin Of a certain date, of a certain rarity Which had a specific value as a collector's item And there might only be three or four of them You know, in the world Of that grade And that pristine condition And then go to another coin dealer and say Oh by the way, I just bought this for X number of dollars And the coin dealer will say Oh well that's a That's a Umpity, umpity, umpity I could have sold you one for $40 And he's telling the truth He would sell them one for $40 It's a different date Much less condition And but what it does Is it creates a lot of Of ill will And the person now thinks that they have a coin That's not worth anything And it's not true What that coin dealer is trying to do Is get them to sell them that coin At a reduced rate And then sell them something for $40 That's not probably not worth $40 Yeah I've seen this happen so many times It's pathetic And it happens when people buy coins That they don't know anything about And that's why I've always cautioned the listening audience On this broadcast Unless you're a collector Unless you have studied numismatic coins Unless you know about coins in the commodities market And in the rare collectors market Then you had better stay away from numismatic coins I've said that from the first day Yeah That I ever broadcast Long before I even had a sponsor That dealt in coins Yeah and I think it's important that they understand though That there's the difference between that rare numismatic coin And then just common day generic $20 gold pieces Yes absolutely All fall into numismatic But they are worlds apart as far as markets They're completely different markets With substantially different risks You know you get into that rare numismatic coin market And for some people they like it They enjoy it And find great pleasure in it But it's not for everybody And like I say you better know what you're doing You also better have a good insurance company Exactly Because some of those clients I mean I'll give you an example I had a client years ago Who wanted He was looking for this particular client Founded for him And it was I believe it was a 1929 MS65 Five dollar Indian gold piece It was the only one in the world It was a one and O at barred population There was no coin finer than this one Uh huh Okay There were other coins of that type Oh yeah But none But not one in that grading category At that condition Well there was no There was no other 1929 MS65 This was the only 1929 MS65 Yeah MS65 Indian on the planet There was MS64's, MS63's And other dates that would have been That may have had even higher grades But in that particular year That particular type It was the one of a kind Yeah And in that category So that everybody would understand it If you were alive back in 1959 It would have been the difference between a Cadillac and a Buick I'm not quite following you what you mean though But in condition Oh yeah Exactly In value In looks In prestige Oh yeah It would have been the difference between owning a Cadillac El Dorado convertible Or owning the regular, you know, top of the line family Buick Well here's the sad part of the story Like they He loved this coin He was collecting it So he had no problem with it And this is what he wanted Like three years later Another one was found In equal condition And that cut his value Probably close to half It cut it in half And then he paid a lot of money I mean he paid $50,000 for this thing That was what the market price for this thing was Yeah And when the other coin came out Of equal quality Equal year You know, and everything Now It's not just adding one Yeah, but it didn't come out I mean somebody found it Somebody found it And it upgraded And it matched You know, it came up to AMS 65 Yeah Well now, not only did it It didn't just add one to the population Kid population doubled That's the worst That's the worst Yeah You know, if you got a coin That there's 10,000 of them And they find one more It's no big deal Yeah, it's not going to It ain't going to change the market That's right But if you get into a coin Where there's very few of them And then all of a sudden They find more of them It can just totally wipe out Your value of your coin On these rare things And I've seen it happen so many times It just scares me That the value just drops right in half You know, and this isn't because the market went down It's because the population decreased Or the population increased And the value went down Now, we're concerned with people getting their money's worth And being happy And using their purchases for what we have made them available for And if they want to go beyond that Then they're on their own But we want them to be happy and satisfied And get a purchase that really does what they want it to do And that is protect their assets over a long period of time And so we're concerned with people knowing the truth about numismatic coins And bullion coins And just bullion that is not coins And medallions And all of these different things that are available And I regularly have broadcasts that educate people on these things And if they called you, you'd be happy to help them I'll spend as much time as necessary And recommend books and publications and everything else that will help them learn, won't you? Exactly, exactly Because, you know, I don't want people getting into something that they're going to regret later down the road That's just bad publicity And I would just soon not sell them anything at all Or at least wait until they're comfortable and get them My always premise was, let's get you what you want, not what I want to sell you And when we set up, you know, you and I, when we set up our rate structure They're getting the same deal whether they buy that $50,000 coin or whether they buy the $2 coin You know You don't make a, you know, in other words, we're not making any more money on the more expensive coins Than we are on less expensive coins We don't have a vested interest in putting you into something high priced Do you follow what I'm saying? Right No, we want to put people into what they can afford and what does the best job for them Exactly I want people to get But we do recommend that everybody put at least a portion of their assets in precious metals of some kind That will really protect those assets Exactly Anything that's in paper or anything that depreciates over a period of time Does not protect your assets Any paper investment is extremely dangerous at this time Oh They say that it's insanity No, the Federal Reserve itself This is a really crazy thing The Federal Reserve itself says in their brochure from Richmond, Virginia The Federal Reserve Bank out of Richmond, Virginia Call them and request it They'll give it to you It says that money, right there in black and white Money has no intrinsic commodity value Wait a minute That's another one of their lies Money really does What they're trying to do is con the public into thinking that they don't need real money And that what they have is money And that money has no intrinsic value of its own Which is a lie Money, by definition, must have an intrinsic value of its own Recognized in commonality by the people who use it as an exchange item in barter And that's really what money is Real money Yeah You and I were talking about real money They're talking about their money money Yeah You know, they misuse the term money They do They misuse it intentionally And they misuse a lot of terms A lot intentionally Oh yeah I mean, misinformation is a very powerful tool They're criminals They're con artists And they're stealing the property of Americans right out from under them Americans don't even understand what's going on They create a period of prosperity They make credit available for everybody Everybody Everybody runs out and borrows a whole bunch of money At interest And then they go out and they buy things with this money And that stuff becomes the collateral Yeah Okay? And then they create a hard time Or inflationary period And salaries never keep up with that And people have a hard time paying back those things They don't realize that the loan was not loaned from a reserve of real money But was created as a bookkeeping entry So the bank or the lender has nothing to lose By making that loan And everything to gain if you don't make your payments They repossess that property And then they have real wealth And that real wealth was bought through a con by the sweat of your brow Exactly Yeah, it's such a scam You know, when they do borrow you, loan you money It's no sweat off of them They didn't take nothing out of the bank The money never existed No They made a bookkeeping entry And just because they put $10,000 into your checking account Doesn't mean that there was anything they ever put in there It's just an entry That's right It's just one and four zeros It's not really $10,000 It's not $10,000 of anything It's just ink on paper Yeah, they didn't have to put anything They just wrote it in your book And you go out and find the car that you want Or the house that you want to purchase with that loan And then what they do is write a check Right? Yep There isn't any money involved Yep And the bank Even if you don't default And they don't possess the house and the property What they get is the interest that you paid by the sweat And you see, you really created that That's real Oh yeah And you But the rest of it is fake phony I mean they're With the interest depending on how long it is Now, in most cases you paid double Yeah They got back twice as much as what you What they They You know, just put an entry in your deal And It's just It's It's the most amazing thing ever You know At 7% interest on a 30 year home 7.5% interest on a 30 year home loan You pay back 1, 2, 3, 4, 5, 6 times the original purchase price Yep How about that? Amazing Yeah It's just amazing And the other day I was on TV They were talking about writing a check versus having this MasterCard deal that takes it out of your checking account And they were showing how cumbersome it was to write a check and how easy it was to use their card and at the very end it flashed on the screen MasterCard the future of money Oh yeah AT&T One world, one card Exactly That's where we're headed folks Yeah That's exactly Better just get yourself ready because that's where we're headed It is un You know, personally I think it's unavoidable And maybe I'm wrong Maybe if enough people just absolutely revolted And you know, you could theoretically, you could stop the whole system Everybody in the country said, enough, enough We're not going to deal with this Federal Reserve System anymore And we went out and took their money and exchanged it into gold or silver And they put the Federal Reserve out of business Well they put everything out of business because the money doesn't exist Most of them wouldn't get any money There isn't any money It does It's not there Yeah It just is not there Yeah I went in one time and went to cash and check for $16,000 in the bank And they said, we don't have that kind of money in here Yeah You'll have to, you know, you'll have to come back It's true This is a bank It's true This is on Friday afternoon when they should have all They didn't have that much money in the bank Banking business, when it's conducted properly Is good for the country, for the individual, and the economy The banking business, when it's conducted by a band of thieves, robbers, and brigands like it is now Is nothing but a huge legal theft ring Operating behind the protection of the law Yeah Exactly And if you want to know the truth, if you really got into the law, you'd find out that they're They're actually not really operating within the law to begin with Yeah But it's presented that way Yeah Yeah The real law would allow them to do this Well, the real law really doesn't, to tell you the truth When you get into it It's like everything else You know, all these people in this country are filing income tax returns on the Form 1040 But when you go into law and look at Form 1040 What's it for? It's for non-resident aliens It's for foreign corporations It's for foreign trusts Etc, etc, etc, etc It has nothing to do with domestic citizens of the several states or of the United States of America But by filing that return, you are declaring under penalty of perjury when you sign your name That you are a non-resident alien and now you are liable to file and pay Yeah From that point on From that point on From that point on You know, that's what I've discovered in my research I don't, I'm not telling anybody not to file What I'm telling you is what I know And I'm telling you that I would never put my signature on a Form 1040 not in a million years Yeah I hear ya, I know exactly what you're saying If everybody else wants to do it, that's okay with me Well it even says in the instruction book Go read the instruction book on the 1040 It says voluntary compliance Yeah You know, and people just volunteer Yeah And it gives you the exact reference where you go to find out who's supposed to file the form Yeah And if you go there, it'll tell you non-resident aliens Yeah And most people have Foreign corporations, foreign trusts, and I could go down the whole list, but they're all foreign, all of them But you know, I believe in freedom I believe anybody should be able to do whatever they want as long as they're not hurting the person or property of any other human being And that doesn't hurt me Yeah, tell that to Ruby Ridge and Waco Oh, they don't care about that Yeah It can never happen to them Yeah They don't care about that They don't care about it Most people A lot of people listening to this broadcast care about it It's one of the reasons they listen to this broadcast But most people don't care about it, Gene Yeah They don't care If it didn't happen to them or one of their family members, they don't care Yeah That's how low we have sunk That's how little moral value and personal honor and a whole bunch of other things mean to the American people anymore Well, you know, take welfare, for example It was the church, the people of the church, the community, that was to take care of the widows I mean, even if you read the Bible, it defines who was actually even supposed to be taken care of And this person really was young and able to either remarry or enter into a workforce They weren't supposed to take care of them Yeah, and the community would help them find a husband or a wife And help them find work And families would take turns inviting people over for dinner And so we became a widow and there was family still alive It was the family's responsibility to take care of the needs There weren't those You know what was really great about this country? Even the worthless town drunk Somebody would pay them a quarter to sweep the floor Yeah Somebody would pay them something to do some work Simply out of the goodness of their heart Yeah And we become calloused and corrupt and immoral Yeah But that's, you know, that's neither here nor there right now Gene, I want to thank you for being Actually it is, it's there, it's not here I want to thank you for being the guest today You weren't scheduled to be the guest You were scheduled to do the money report The precious metals report And turned out to be the guest But anyway, you were a good guest And it was a good broadcast And I hope some people out there learned a lot of things If you want to call Gene and get your hands on some real money It's 1-800-295-2432 Adios, amigos Have a great day And good night, folks I've got to Oh, come on, Crusher I've got to go play with Crusher God bless each and every single one of you I love you I love you Thank you. This is My Daddy's Station. I'm Pooh, classic radio like you always wished it could be, 101.1 FM, eager. 101.1 FM is owned and operated by the Independence Foundation Trust as a non-profit community service. This is the voice of freedom. Thank you. Thank you. Thank you. Thank you. Thank you.