Lines Around The Block To Buy Gold In London; Banks Placing “Unusually Large Orders For Physical.” Time to stock up on gold, silver, guns and ammunition.
Tag: silver
Legendary ad man sells everything, buys gold, says, “I’m just not ready to have my wealth redistributed”
Legendary ad man Jerry Della Femina blames President Obama for having to sell his Hamptons restaurant, and is buying gold.
Jerry Della Femina is a legend in the advertising business. He created some of the nation’s most famous campaigns back in the 60s and 70s. He was the inspiration for the TV series “Mad Men.” And now he’s had it up to here with President Obama.
The New York Post explains Della Femina’s epiphany:
Legendary ad man Jerry Della Femina blames President Obama for having to sell his Hamptons restaurant. In a column for the East Hampton Independent, the inspiration behind the “Mad Men” series says that in 2008, he “decided that this country was falling in love with an attractive, great-speechmaking hustler/socialist” and that he was “dropping out” and would sell off “my houses, my advertising business, my newspaper and my restaurant.” Della Femina sealed a deal this week to sell his Hamptons eatery to the owners of the Houston’s chain.
He writes, “I’m just not ready to have my wealth redistributed. I’m not ready to pay more tax money than the next guy because I provide jobs and because I work a 60-hour week and I earn more than $250,000 a year.” He also told The Post’s Selim Algar, “I truly believe we are headed for disaster. I’m going into gold and silver.”
If you’ve never read Della Femina’s book, “From Those Wonderful Folks Who Gave You Pearl Harbor,” find an old copy on Amazon.com and buy it.
His exploits in the ad business are guaranteed to make you laugh out loud.
Source: New York Post
Crash JP Morgan – Buy Silver
On Max Keiser’s On the Edge show last month he and financial writer Michael Krieger posited that if just 5% of the world’s population each bought a one-ounce coin of silver, JP Morgan would be forced to cover their estimated $1.5 billion short silver position, and they would go bankrupt.
Does it anger you that the investment banks have gotten away with fraud these last few years, only to be bailed out with your tax dollars? Do you see the fraud of the federal reserve, and how it depletes your wealth with increasingly worthless paper?
Wouldn’t you like to strike back at the system? Now’s your chance.
Max Keiser, is a film-maker, broadcaster and former broker and options trader. On his On the Edge show last month he and financial writer Michael Krieger posited that if just 5% of the world’s population each bought a one-ounce coin of silver, JP Morgan would be forced to cover their estimated $1.5 billion short silver position. If this were a big enough covering, the company would go bankrupt. With some help from the popular Alex Jones, they started a campaign to encourage people to buy silver, and it’s gone viral.
Is it working? We can’t say. However, silver has been on a tear recently, faring far better than gold. Take a look at the three month chart (click to enlarge) of the ETF SLV, which moves with the price of silver. We can’t say if the Crash JP Morgan — Buy Silver campaign had much to do with it or not. But a little digging has shown that many sellers of silver coins have been running out of stock.
So, if you want to have some fun, go out and buy a one-ounce silver coin — it’s only about 30 bucks. And if this crazy scheme works, you can say you were a part of history.
Now, what can we do to crash those fraudsters at Goldman Sachs?
