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Ardent Mines Ltd. ADNT resistance about to crack 0,17c-0,18c
Ardent Mines Appoints Luciano de Freitas Borges as President
Mr. Borges will Drive Efforts to Advance Brazilian Properties Exploration Programs
Press Release: Ardent Mines Ltd. – 2 hours 36 minutes ago.. .
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NEW YORK--(BUSINESS WIRE)-- Ardent Mines Ltd. (OTCQB: ADNT.PK - News) (the "Company" or "Ardent Mines"), a precious resources exploration, development, and mining company focused on advancing its two gold properties in Brazil, announced that the Board of Directors has appointed Luciano de Freitas Borges as President.
Mr. Borges commented on his appointment, “Ardent Mines has made significant progress this past year, having acquired two premier gold properties in Brazil, Gold Hills and Misty Hills. In addition, we completed the 43-101 exploration report on Gold Hills which confirmed an exploration potential of between 3.6 Mt and 6.0 Mt at an average grade between 4.0 g/t to 7.0 g/t. I am looking forward to advancing our exploration programs to prove up the resource potential and expected solid economics of these projects.”
Mr. Borges has over 28 years experience in Brazil’s mining industry, both in the government and private sector. He served as the National Secretary of Mines and Metallurgy in Brazil’s Ministry of Mines and Energy from 1993-2001, and as Senior Advisor to the Ministry & Strategic Planning Executive Officer to the Brazilian Geological Survey since 2002. From 2007 to 2008, he was Chief Executive Officer of Steel Mineracao do Brasil S.A., and since 2006, he has served as the Senior Partner and Chief Executive Officer of Ad Hoc Associated Advisors Inc., a technical advisory consulting firm for the mining industry. He currently serves as a Director on the Boards of Amerix Precious Metals Corporation and Ouro Roxo Participacoes S.A., each of which are developing gold projects in Brazil. Mr. Borges earned his undergraduate and post-graduation degrees in geology at the University of Brasilia, as well as having an MBA in Mineral Economics and Mineral Projects Valuation from other institutions.
Gold Hills/Serra do Ouro
Based on the results of the 43-101 exploration report and historical drill data from the area, the Company believes Gold Hills could contain a few million ounces of gold of excellent grade that should be extracted at very viable costs as the main vein is located at an average depth of 30 to 50 meters from the surface. Also, the report did not take into account any untested potential for parallel structures which can be interpreted from the airborne geophysics. Further enhancing the economics of the project is the 10-year income tax holiday Ardent expects to receive based on local incentives for investments in this semi-arid area of Brazil.
Misty Hills/Serra do Sereno
On October 18, 2011, Ardent Mines closed on its acquisition of the mineral rights in a highly mineralized area of 9,000 Hectares located in the Carajas Mineral Province, State of Para, with an option exercise payment of $350,000 to the Cooperativa dos Produtores de Minerios de Curionópolis (“COOPEMIC”). The Serra dos Carajás Mineral Province is a distinct geologic dominium, well known worldwide for hosting Brazil’s largest iron, copper and gold deposits. Ardent Mines property, named Serra do Sereno, or Misty Hills, was initially prospected by Anglo American Brasil Ltda. which identified gold and copper trends. Millions of tons of copper and millions of ounces of gold resources have been confirmed in areas which are in the same region as Misty Hills and new significant discoveries are still being made in the area.
ABOUT ARDENT MINES
Ardent Mines has positioned itself to develop low cost gold mining operations in Brazil, a mining friendly jurisdiction. Ardent Mines owns a 100% interest in Gold Hills Mining Ltda., which in turn owns mineral rights on 3,500 Hectares, covering a highly-mineralized vein containing high grades of gold. Ardent Mines also owns the mineral rights on the Serra do Sereno (Misty Hills) property, located in Carajas, Brazil, one of the better known mining districts in the world. Ardent Mines is headquartered in New York, and has a field office in Brasilia. The Company has 16.3 million shares outstanding, and trades under the ticker symbol ADNT.
Forward-Looking Statements
This news release contains "forward-looking statements" as defined in the U.S. Private Securities Litigation Reform Act of 1995. These statements are based upon our current expectations and speak only as of the date hereof. These forward-looking statements are based upon currently available competitive, financial, and economic data and management's views and assumptions regarding future events. Such forward-looking statements are inherently uncertain. Our actual results may vary materially from those expressed in any forward-looking statements as a result of various factors and uncertainties. Ardent Mines cannot provide assurances that any prospective matters described in the press release will be successfully completed or that Ardent Mines will realize the anticipated benefits of any transactions. Various risk factors that may affect our business, results of operations and financial condition are detailed from time to time in the Annual Report on Form 10-K and in the Current Reports on Form 8-K and other filings made by Ardent Mines with the U.S. Securities & Exchange Commission. Ardent Mines undertakes no obligation to update information contained in this release.
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Contact:.
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Company:
Luciano Borges, 855.ARDENTM (273-3686)
President
info@ardentmines.com
Investors:
Kei Advisors LLC
Deborah K. Pawlowski, 716-843-3908
dpawlowski@keiadvisors.com....
ADNT trades at Wall Mart prices 0,10c last funding is $3,85
Gold Hills is 13.5 SQ miles.
Misty Hills is 34.75 SQ miles.
ADNT Ardnet Mines LTD. value pick market cap 1,6M less then cash spent last year
"Yep, guilty as charged. I acknowledge and regret my actions and I am prepared to accept the consequences. I commit to modify my bad behavior in the future."
Nice chart ADNT . Thank You!
Thank You Pink nice catch underdog
look at this oversold chart , bounce to 0,50c and $1 after
http://www.4-traders.com/ARDENT-MINES-LIMITED-140914/technical_analyses-full/
oversold stock bounce looking good so far on bid side and 0.25-0.50 next target on chart
Recent funding was done at $3.85!!! looks like stock is under acumulation last weeks
Well done DD . Thank You!
classic capitulation with volume jump , once selling over stock should pop back up
Are you short the stock ? why hehhehehe? or you just addicted to pain
2012 starts with 1,5% move up on Gold
Last days of 2011 Tax Year and super oversold stock pick.
Happy Holidays to all buyers and sellers here
Citi Predicts Gold At $3400 In "The Next Two Years", Potential For Move As High As $6000
While we remain cautious on Gold in the near term and believe that we could correct lower towards $1,600 and possibly re-test the $1,550 area we continue to believe that the bull market remains intact. As with the Equity market we believe that 2012 may be reminiscent of 1978 when Gold rallied nearly 50% off the 1977 close. Such a move would likely put Gold in the $2,300-2,400 area in the 2nd half of 2012.
On a longer term basis we expect even higher levels and target a move towards $3,400 over the next 2 years or so. We are not yet on board with the idea of a move with the same magnitude as seen in 1970-1980 when the last spike in Dec 1979-Jan 1980 saw Gold almost double in price as Russia invaded Afghanistan. Such a dynamic would suggest a move above $6,000 but we prefer to take a more conservative stance and look for a move similar to that seen without that final event driven push at the high which was a “blowout top” in Jan. 1980.
looks like volume is drying up , price at lows
any good news from co should spike it
55% UP on 50K volume , if gold investors notice ADNT we an see easy run to $2
Good research its like buying gold at $10 per ounce or less . Stock trading with 90% discount as Ardent raised funding at $3.85
Buy&Hold trading for csh levels here imo
Thank You . Good info and great value pick .
$3.85 was last funding price , today up 14% with 90% discount to funding . Witch new President stock price should recover to $1 in days
Top Minning expert in Brazil, this is great news
http://www.miningweekly.com/article/booming-demand-for-copper-stimulates-brazilian-investment-in-mines-at-home-and-abroad-2011-04-29
Luciano Borges
Director and Head of Brazilian operations, Mr. Borges was the National Secretary of Mines of Brazil, and is one of the country’s most respected geologists. He has represented Brazil in international negotiations regarding the regional development of the mining sector, and has also worked in private companies as an Executive or Consultant. He is currently Managing Partner of Ad Hoc Associated Advisors, Inc. a geology and mining consultancy. Mr. Borges has recently served on the Board or as advisor to two international mining companies that currently have gold mining operations in Brazil. He is a geologist and was educated at the University of Brasilia with postgraduate education in Economics & Mining. Mr. Borges holds an MBA in Public Administration from the Public School of Management of Brazil.
New President of Ardent
Form 8-K for ARDENT MINES LTD
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5-Dec-2011
Change in Directors or Principal Officers
Item 5.02 Departure of Directors or Certain Officers; Election of Directors;
Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
Appointment of Luciano de Freitas Borges as Company President
On December 2, 2011, the Company appointed Luciano de Freitas Borges as President of Ardent Mines Limited (the "Company"). Mr. Borges has served as a member of the Company's Board of Directors (the "Board") since December of 2010. Mr. Borges spent over 28 years working in Brazil's mining industry, in both government and the private sector. His positions have included serving as the National Secretary of Mines and Metallurgy in Brazil's Ministry of Mines and Energy from 1993-2001, and serving as Senior Advisor to the Ministry & Strategic Planning Executive Officer to the Brazilian Geological Survey since 2002. From 2007 to 2008 he was Chief Executive Officer of Steel Mineracao do Brasil S.A., and since 2006 he has served as the Senior Partner and Chief Executive Officer of Ad Hoc Associated Advisors Inc., a consulting company. His current activities include serving on the Boards of Directors of Amerix Precious Metals Corporation and Ouro Roxo Participacoes S.A., each of which are developing gold projects in Brazil. Mr. Borges studied geology at the University of Brasilis, and received both a masters degree in that field and a MBA in Mineral Economics and Mineral Projects Valuation.
Previously, the Company and Mr. Borges agreed that his compensation shall initially be five thousand U.S. Dollars ($5,000) per month. Two thousand five hundred U.S. Dollars ($2,500) of this amount shall be paid on a monthly basis and the remainder of this compensation shall accrue until such time as the Company shall have received capital investments in the amount of ten million U.S. Dollars ($10,000,000), at which time all accrued and unpaid amounts shall be paid. On May 12, 2011, Mr. Borges was granted options to purchase 200,000 shares of the Company's common stock at a purchase price of $4.75 per share. Twenty-five percent (25%) of this grant shall vest upon the date of the grant, and an additional twenty-five (25%) of this grant shall vest for each six (6) month period from the date of the grant.
In addition to Mr. Borges' service as a Member of the Board and as the Company's President, he shall provide consulting services to the Company through Ad Hoc Associated Advisors Inc. (the "Technical Advisor"), a Company of which he is the Chief Executive Officer. Such consulting services shall relate to the Company's mining activities, and shall be governed by the Technical Advisory Services Agreement dated as of December 9, 2010 (the "Agreement"), by and between the Company and the Technical Advisor.
The Company shall compensate the Technical Advisor as follows: (i) The Technical Advisor shall be paid at a rate of Two thousand five hundred U.S. Dollars ($2,500) per month; and (ii) be eligible to receive a bonus of restricted common stock. Either party may terminate the Agreement on thirty (30) days written notice.
Looks like CEO left the party and stock lost 90% of value in 3 days. Real value of properties greater then market price . Doing some more dd and checking fllings . This is cheap
07:51 ADNT Ardent Mines initiated with a Mkt Perform at Rodman & Renshaw (3.50 )
Rodman & Renshaw initiates Junior Brazilian Gold Company ADNT with a Mkt Perform, speculative rating due to its early stage of development. Management hopes to move its shares on the NYSE AMEX within four to six months.
Read more: http://www.briefing.com/GeneralContent/Platinum/Active/ArticlePopup/ArticlePopup.aspx?SiteName=PopUp&ArticleId=IN20111111075128ADNT#ixzz1dhGrH4Wb
Ardent Mines CEO Interviewed
--------------------------------------------------------------------------------
Sun Oct 30 08:15:58 2011 EDT
(FinancialWire via COMTEX News Network) --
October 30, 2011 (FinancialWire) (Investrend Syndications) -- Equities.com (http://www.equities.com/)
recently featured a video interview with Ardent Mines (OTC: ADNT) (OTCBB: ADNT)
(approx. market-cap US$ 60 mil.) CEO Leonardo Alberto Riera, as part of a series
of over 60 interviews with other company chief executives. Other companies from
the Equities.com interview series, hosted by Fox News and Fox Business Channel market
analyst Tobin Smith, include Soho Resources (TSX Venture: SOH) (OTC:SOHFF), Newtek
Business Services (NASDAQ: NEWT), Top Image Systems (NASDAQ: TISA), Enviro Voraxial
Technology (OTCBB: EVTN) and SinoHub (AMEX: SIHI).
The video interviews cover interviewees' industries, from software applications
to mining conditions, including green practices, medical breakthroughs, and business
solutions.
Ardent Mines engages in the acquisition, exploration, and development of
gold and silver mining resources in Latin America, primarily Brazil. The company
was founded in 2000 and is headquartered in New York, New York.
As of Friday's close, ADNT stock was trading at $3.75 per-share. ADNT's 52-week
range has been from $0.52 to $5.75.
INDEPENDENT EQUITY RESEARCH by SISM Research on Ardent Mines is available
via the Investrend Research Syndicate (at http://www.investrend.com/contact/sism/).
=========
SISM Research (http://www.sism.com) is a private investment research firm,
based in Zurich, Switzerland, offering independent, fundamental research on public
companies since 1995. SISM Research publishes research on micro- to small-cap companies
trading on the OTC, NASDAQ, AMEX and TSX stock exchanges. SISM research coverage
platforms are geared toward institutional and individual investors in both North
America and in Europe. SISM Research, as a member-provider of the FIRST Research
Consortium (http://www.investrend.com/FIRST/), takes steps to ensure the independence
and integrity of SISM's published research that exceed those of the CFA Institute
Code of Ethics and Standards of Professional Conduct and the CFA-NIRI Guidelines,
by following the exacting "Standards for Independent Research Providers", which
are also in accordance with guidance set forth by U.S. Securities and Exchange Commission's
Advisory Committee on Smaller Public Companies.
Recent SISM Research reports include Ardent Mines, Ltd. (OTC: ADNT) (OTCBB:
ADNT), AmeriLithium Corp. (OTCBB: AMEL), Blugrass Energy, Inc. (OTC: BLUG), Cougar
Oil and Gas Canada, Inc. (OTCBB: COUGF), Grid Petroleum Corp. (OTCBB: GRPR), Kodiak
Energy, Inc. (OTCBB: KDKN), PMI Gold Corp. (TSX Venture: PMV) (OTC: PMVGF), 3Power
Energy Group, Inc. (OTCBB: PSPW) and Tamm Oil and Gas Corp. (OTCBB: TAMO).
=========
The Investrend Research Syndicate, a proprietary entity of Investrend Communications,
Inc., distributes reports published by sources dedicated to unbiased, reliable analytics
and complete transparency. The primary measure for determining those sources is
the "Standards for Independent Research Providers" (at http://www.investrend.com/FIRST/standards/).
=========
INDEPENDENT EQUITY RESEARCH for companies mentioned in the news is available
through the Investrend Research Syndicate (at http://www.investrend.com/research/resources/).
Free ANNUAL REPORTS and COMPANY FILINGS for companies mentioned in the news
are available through the Investrend Information Syndicate (at http://investrend.ar.wilink.com/?level=279).
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=========
Stocks: Ardent Mines (OTC: ADNT) (OTCBB: ADNT)
LONDON (MarketWatch) -- Gold prices will be supported at higher levels until real interest rates start to rise, which is 2013 at the earliest, the head of commodities research at Goldman Sachs Group Inc. /quotes/zigman/188479/quotes/nls/gs GS +0.12% said Wednesday.
"No-one in this room can accurately predict when real interest rates will start to rise...we see the earliest time as being 2013," Jeff Currie told a conference in London. "There's still modest upside for gold, but we're not jumping up and down pounding the table bulls as we have been in the past."
Currie said that for the next 12 months at least, gold prices would still see "significant upside."
Spot gold has fallen in recent weeks after peaking at an all-time high of $1,920.94/oz on Sept. 6. At 0940 GMT, spot gold was up 0.6% at $1,714.22 a troy ounce, benefiting from uncertainty over the outcome of the meeting of European policymakers later Wednesday, which is seeking to find a solution to the region's debt problems.
Currie was speaking at the Terrapinn Commodities Week conference.
GOLD $1,700
Good for Ardent shareholders as property located in best region of Brazil next to Colossus Minerals CSI-TSX http://www.colossusminerals.com/
Welcome! i dont think she is young to know what ihub even is .. looks like flash crash in ardent stock took place one day chart shows 0,52 low is it real?
Look at fillings LEONARDO RIERA WIFE buying 10,000 shares in the market . Pillow talk to his wife about gold in brazil?? good sign when ceo buys !
Looks like 50 day MA line broke on chart and shorters jumped on it . WDCO is leading the pack shorting it via ARCA and AUTO . Cascading stock down from $4 to 0,50c in few minutes !!! Nice buy at 0,52c and stock recovers well , good sign for true streanth under Ardent . Happy Long and up 300% of lows is crazy swing that only possible during flash crash or on pink sheets market
September 08, 2011 02:00 PM Eastern Daylight Time
Ardent Mines Completes $1,000,000 Private Placement
NEW YORK--(BUSINESS WIRE)--Ardent Mines Ltd. (OTCQB: ADNT.PK) (the "Company" or "Ardent Mines") announced today that it had closed, effective September 7, 2011, a negotiated $1.0 million private placement transaction for shares of its common stock. Net proceeds from the sale will be used primarily to support the Company's current exploration and development plans in Brazil together, as well as general corporate and working capital requirements.
Ardent Mines sold 259,741 shares of common stock to a select group of institutional and accredited investors at a price of $3.85 per share, which represented a seven percent discount to the last sale price on September 6, 2011. Additionally, the investors received warrants to purchase up to 259,741 additional shares of common stock at a price of $4.15 per share, or equivalent to the closing price on September 6, 2011. These warrants expire five years after issuance and are exercisable immediately.
Rodman & Renshaw, LLC, a subsidiary of Rodman & Renshaw Capital Group, Inc. (NASDAQ: RODM) acted as the exclusive placement agent for the transaction. In connection with the transaction, the Company has agreed to file a registration statement within 30 days with the Securities and Exchange Commission to register the resale of the shares of common stock issued at closing and the shares of common stock issuable upon exercise of the warrants.
ABOUT ARDENT MINES
Ardent has positioned itself to develop low cost gold mining operations in Brazil, a mining friendly jurisdiction. Ardent Mines owns a 100% interest in Gold Hills Mining Ltda., which in turn owns mineral rights on 3,500 Hectares, covering a highly-mineralized vein containing high grades of gold. Ardent Mines also has an exclusive option to acquire the mineral rights on the Serra do Sereno property, located in Carajas, Brazil, one of the better known mining districts in the world. Ardent Mines is headquartered in New York, and has a field office in Brasilia. The Company has 16.3 million shares outstanding, and trades under the ticker symbol ADNT.PK.
Forward-Looking Statements
This press release contains "forward-looking statements" as defined in the U.S. Private Securities Litigation Reform Act of 1995. These statements are based upon our current expectations and speak only as of the date hereof. These forward-looking statements are based upon currently available competitive, financial, and economic data and management's views and assumptions regarding future events. Such forward-looking statements are inherently uncertain. Our actual results may differ materially from those expressed in any forward-looking statements as a result of various factors and uncertainties. Ardent Mines cannot provide assurances that any prospective matters described in the press release will be successfully completed or that Ardent Mines will realize the anticipated benefits of any transactions. Various risk factors that may affect our business, results of operations and financial condition are detailed from time to time in the Annual Report on Form 10-K and in the Current Reports on Form 8-K and other filings made by Ardent Mines with the U.S. Securities & Exchange Commission. Ardent Mines undertakes no obligation to update information contained in this release.
Contacts
Ardent Mines Ltd.
Leonardo Riera, 855.ARDENTM (273.3686)
President and CEO
info@ardentmines.com
or
Investor Contact:
Kei Advisors LLC
Deborah K. Pawlowski, 716-843-3908
dpawlowski@keiadvisors.com
Recent Stories from Ardent Mines Ltd.
Ardent Mines presents at Rodman&Renshaw Conference in NYC to large investment audience see news 13.09.2011
Russian Central Bank To Offer Gold-Backed Loans (Or Why The Spam-Standard Is Coming To An End)
The spam standard is ending. In news that is likely about to throw the mouth-foaming Keynesians in for a perpetual loop, the Russian Central Bank has quietly announced the sneakiest gold confiscation ploy in history. Reuters reports: "Russia's central bank will offer gold-backed loans for up to 90 days at an interest rate of 7 percent, it said in a statement on Friday, expanding its lending facilities for dealing with any future liquidity crunch in the banking system." So let's get this straight: Russia, which has been dumping US bonds with unseen vigor, and which has been buying gold at a record pace, has just offered its citizen the once in a lifetime opportunity to trade in their hard assets for paper in an imploding fiat system, but with promises to make 7% worthless percent. Oh, and when the "liquidity crunch in the banking system" goes away and one hopes to reclaim title to their gold, one will just find that the title certificate was signed by one Linda Greenova, and said title is perpetually lost in Siberian limbo. And while one waits to reclaim said title from robosigning transgressor #1, Bank of USSR, those heavily armed gentlemen in camouflage attire who just broke into your apartment will not wait to reclaim what now rightfully belongs to mother Russia.
More:
The gold-backed lending was approved by the board of directors at a meeting on Friday. The rate on the facility is in line with the central bank's Lombard rate on borrowing secured against high-quality bonds.
"This measure fits the central bank's policy of developing refinancing instruments within the banking system. The facility will be unlikely in strong demand, only at times of liquidity crunches," said Maxim Oreshkin, chief economist at Credit Agricole in Moscow.
Levels of rouble liquidity remain at comfortable levels for now, with the overnight interbank rate having hovered within 3-4 percent range since early 2010 compared to more than 10 percent seen during the crisis of 2008-2009
Gold approached $ 1,900 per troy ounce (31.1 grams) yesterday, strengthening betting that the price will exceed U.S. $ 2,000 this year.The demand, driven by purchases by central banks in recent months, should continue in heated second semestre. According to the World Gold Council, these institutions will continue to acquire the metal to restore their reservas.Com increased uncertainty about the economy, governments seek to reduce dependence on currencies that traditionally make up these reserves, as dólar.No second quarter of this year, central banks bought 64.9 tons of gold, up from 14.1 tonnes in the same period 2010.Trata is the second largest volume of purchases by central banks on record since they came to acquire the metal in the second quarter of 2009. "The impact of the credit crisis European countries, the downgrading of U.S. debt notes, inflationary pressures and weak outlook for the economy of the west will lead to greater demand for investment gold," said organ. At the same time, the prosperity of emerging economies such as India and China to boost the demanda.No case of these two countries, traditional consumers of gold, the occurrence of holidays and festivals in which sales of gold jewelry are common to increase search for the precious metal in the second semestre.Entre April and June, the global demand for gold was 919.8 tonnes. China and India accounted for 52% of demand for investment (gold coins and bars) and 55% of sales for the production of joias.A purchases by central banks is also concentrated in emerging markets, especially Russia, which bought 26 tons in the second quarter.
Conscience Of A Gold Investor
Many deep dilemmas face investors of Gold & Silver. First and foremost we feel an urgent need to defend ourselves against a crippled corrupted USDollar. The level of debilitation cannot be adequately put in words, as it has lost perhaps 70% of its value just since 1980 when the Jackass entered the workforce after years at the university. The USEconomy cannot be rebuilt or sustained on bond fraud, debt auctions covered by the printing press, endless war, phony accounting, outsourced industry, home equity extractions, rigged financial markets, constant deception on economic recovery, falsified economic statistics, and pursuit of the next asset bubble. The end game is fast along, gaining traction as much as public attention. The remedies put in place to date have centered on additional currency debasement of all major currencies, extension of sovereign debt when its burden is already at a staggering level. The rescue of the bank assets, largely toxic from the bust in housing and mortgage, has resulted is widespread redemption of nearly worthless bonds or heavily impaired bonds. The consequence has been a rapid rise in the entire cost structure to the global economy, without the benefit of rising incomes.
Response has ranged from deep open anger to private indignation to violence on the streets to consternation over homeowner plight to despair over lost jobs to depression over depleted savings to a sense of doom. The common denominator is a rising cost structure and powerful squeeze on business profits and household discretionary spending. Smart bankers and executives to financial firms are exercising their right to pursue survival by buying Gold & Silver bullion, which has no counter-party risk, has no debt attachment. The precious metals are pure assets, bonafide money in a world of false paper money whose obverse is debt. Individuals should follow their lead. The key to survival is Gold & Silver divorced from the USDollar and in my opinion separated from stock shares. As the implosion gathers strength, all things tied to paper securities will be damaged, while pure metal will soar in value in the greatest financial panic the modern world has ever seen. The United States is Weimar America gone global, gone viral. Individuals must put aside all matters of conscience and focus on survival, real value, and truth. The patriotic thing to do is to survive and preserve wealth, period!
The patriotism card is often played against precious metals investors, as though handing over life savings to Goldman Sachs is the proper deed to show fealty. The Soviets cleverly assumed the Russian identity in much the same way the Neocons and Bankers and Military team have done with the American identity. The level of corruption cannot be adequately put in words, as the bond fraud has mixed with counterfeit along with money laundering from officially sanctioned and protected syndicate enterprise. Since touching the Kabul outskirts, a vertical integration has come to the contraband enterprise and its sophistication. The individual investor has simple motives to make money, but more so to protect against total ruin, home foreclosure, job loss, deep erosion of life savings, inability to provide for the family, even becoming a debt slave. The motive is to prepare for the inevitable implosion and work toward survival. It became very apparent to the Jackass before the Hat Trick Letter was launched in April 2004 that the USEconomy and its financial foundation were heading toward a climactic death spiral, the doorway to be entered fatefully by 2007 or 2008. The urgency for protection of assets and way of life was immediately obvious.
Any nation that endorses the dispatch and forfeiture of a large portion of its industrial base to China for the expressed purpose of lowing its costs is moronic at best and suicidal at worst, but the real story is laced with yet more Wall Street intrigue. They leased the vast Chinese gold & silver stockpiles, only to betray the Beijing bankers a couple years ago. The extent of the betrayals, corruption, and privileged confiscation by Wall Street firms since the Rubin fox entered the USDept Treasury henhouse is astonishing. The greater shame is that 98% of Americans have no idea what ransacking they did to Fort Knox, swiping its gold, even perhaps swapping some for tungsten, which left the United States as a nation vulnerable to systemic failure from the absent currency collateral, and putting the nation on a path toward being an playtoy object of the sprawling syndicate that wrested power from the nation before any 911 event. A conference in Switzerland in the late 19-th century wrote the script, but 2001 marked the day when a flag of a different color began to fly over the USGovt and its many subservient agencies.
The gold investor must contend with internal personal patriotism issues, since any investment placed against the USDollar carries immediately clear implications. My father will not invest heavily in gold, since he regards it as a position taken against the nation and its future. The Jackass disagrees wholeheartedly, since the nation’s leaders are not loyal either to the people or its national Constitution. Sadly, WWII veterans are some of the easiest gullible parties to enlist for joining the movement in loyal support of this war on terrorism. In my view, one need only be a high school dropout to detect the falsity and contradictions of the official 911 story. The false flag cover on the tired tattered official story is slowly coming off, the ugly truth unmasked. The US suffered a coup d’etat led by the financial titans and the military opportunists. Their motive is profit, dominance, and license to control life in a far flung plan. They occasionally are interrupted like with the swine flu spread through supposed vaccines. Their financial plot to tax the air we breathe was also interrupted, another sham. Their control over the press and free rein given to the key security agencies in what the Jackass calls the Axis of Fascism have introduced a magnificent threat to the world itself that will persist until perhaps the calling card USDollar is retired and buried. Its axis center, in a 180-degree full twist, is the United States, the United Kingdom, and a little nation that sits on the Southern Mediterranean and looks northwest to Italy. The axis has taken license to ply their espionage games without regard for law, property, or life. What began as a beacon of freedom has turned into a global fascism movement with alliances formed with bankers, defense contractors, news magnates, and opportunist billionaires. The people all too often serve as cannon fodder, not just Moslems, but Americans, British, and Western Europeans.
The ploys are dangerous and devious. The Libyan War served as cover for New York and London bankers to seize $90 billion in Qaddafi assets. They call them frozen, but they will never thaw. The Gulf of Mexico is another cover for a future adventure. Matt Simmons died with help trying to reveal the role of Halliburton and the geological roadmap. The latest is the attack on Norway, whose leader foresaw with warnings. The same group from the Fascist Axis has set their sights on the $1.5 trillion sovereign wealth fund accumulated by Norway with their vast North Sea oil operations. The syndicate wants the funds to join in supporting a financial system in the US & UK that is fast imploding. The Libyan funds helped, but with the USTreasury Bond black hole accelerating in its momentum and force, the needs have become almost unlimited. The Greek Govt debt situation has turned contagious, reaching Italy and if truth be known, threatening the London banks. See the Credit Default Swap activity recently. The remaining time is slim before a much wider implosion grows. The individual investor is running out of time to protect the wealth saved in a lifetime of work, sweat, and sacrifice. Gold & Silver are the best way. Investment funds tucked away in bank certificates of deposit and in sponsored pension funds are the next target. The syndicate will use FDIC insurance leverage to snatch the bank CDs. They will use the tax deduction leverage to snatch the 401k and IRA funds. Already just today, a Hat Trick Letter subscriber in Maryland reported that a local bank has begun to refuse redemptions of $1000 USTreasury Bond certificates. Time is running out.
The Max Keiser method of revolt is so simple. Each US citizen should purchase a single silver coin. The effect of the millions of flapping butterfly wings would bring down the JPMorgan pilars. Few heed the wisdom of the simple plan. They have been inculcated with propaganda for so many years that they do not comprehend precious metals at all. They do not even pay heed to the Constitution which orders only gold & silver as money, valid to satisfy debts public and private. If told to use salt or oregano as legal tender, these sheep would surely comply but with perhaps at most a raised eyebrow. The personal method of protection against a future darkened by syndicate power and overshadowed by its assault on liberties is not laid out for all to see and follow. The Gold & Silver solution is simple and clear. But many internal dilemmas are presented.
The people must take an oppositional position against the power elite and the cancerous control wielded on the financial state. In doing so, they must at times resist the feeling of a soldier of insurrection. They must embrace it instead, but peacefully. Instead, consider imitate the model presented in Concord Massachusetts by Henry David Thoreau. He engaged in civil disobedience in a symbolic manner with at least an historical effectiveness. Today hundreds of thousands of betrayed angry homeowners have decided to stop making mortgage payments in defiance. They demand proof of bank-held property title. They are winning in court rulings. The civil disobedience is spreading quietly and powerfully, even without much aid from exposure by the intrepid lapdog press. Investors in Gold & Silver must ignore the calls of precious metals being a dead asset or the dishonor in taking a contrary position to the business investment direction. The bigger betrayal has come from corporate executive decisions. They invest in foreign workers. Take Cisco Systems, which announced job cuts of 10,000 workers. But they lied to the US press and investors. A private email came from one of their employees to tell that a new strategy was adopted by Chambers at Cisco. To reduce costs, they will open many more foreign facilities and expand jobs overseas. He omitted that planned item in the news conferences. So investors should seek precious metals instead, which has no corporate lying tongue, which has no leased gold paper certificates, which has no insolvent banker counter-party.
The people must take an oppositional position against the deeply infected financial markets and virus of false value of assets. In doing so, they must take action in self-protection of assets for themselves and family before the American Locomotive crashes into the abyss deep below. It has already hurtled over the cliff with great momentum, unstoppable. The futility of the USGovt debt limit and budget debate should awaken the people. But the masses all too often will expect another patch to be applied, buying time, kicking the can down the road. The can has turned nuclear. The road has turned into a cul de sac. The banking system insolvency can be patched over by phony accounting, but the inescapable fact is that the big US banks are all insolvent, dead zombie entities. When in 2007 Citigroup extended its lifeless hand and used garbage paper in their “C” stock shares to purchase little Cuzcaltan Bank, a profound effect hit me. They might have had motive to intercede in narcotics fund movement in Central America, competitive to the USGovt agency growing monopoly, but they used worthless paper to acquire a foreign bank with headquarters north of my new home in Costa Rica. It is one thing for JPMorgan to spread its own cancer, allowing the metastasis to reach and grab Chemical Bank, Manufacturers Hanover, and Bank One, but the practice extends into the full American Hemisphere. As the cancer spreads, the investor must seek out Gold & Silver and keep it outside the confines of the US borders. Not only people will be trapped soon, but money also.
The veritable comedy of the GLD and SLV exchanged traded funds continues to unfold, as COMEX inventory declines match the ETFund short positions in blatant obvious fashion. They are both being gutted by their cartel custodians. The COMEX short contracts are being satisfied by ETFund shares right under the ignorant noses of fund investors, too lazy to open a bullion account, too dumb to know the difference. The Gold & Silver investors will rejoice when both funds are dead, shut down, and the object of countless lawsuits. The actual metal should be pursued, with full distrust and prejudice directed at both the big US banks and the Wall Street masters. These funds are managed by gold cartel banks. Enough said.
People have lost the capability to comprehend what a $billion looks like, let alone a $trillion. A stack of $1 bills one million high reaches the height of the Empire State Building. A stack one billion high reaches the stratosphere. A stack one trillion high extends almost halfway to the moon. But to better realize the magnitude of the $13.4 trillion USGovt debt, one third of which was derived from war adventure, consider the following photo. Imagine other stacks of $100 bills in packets almost as high as the Statue of Liberty, bigger than either a soccer field or a football field. The merchants of fear, propaganda, and lies prefer to tell the people that all the gold bars in the world could fit into two Olympic sized swimming pools. They actually believe such a depiction stresses its insignificance. Rather it screams how low the gold price currently is. All the world’s money in circulation and supply could be backed by gold, even with a 2% cover clause, if the gold price were adjusted to its true value of $10,000 per ounce. Their argument stresses the extreme value of gold from its rarity. No limit exists to printed money on papyrus fraudulent rooted reeds.
The people must take an oppositional position against the power grab and asset grab as the Fascist Business Model enters a late chapter of destruction. In doing so, they must avoid a banking system that is insolvent from housing and mortgage assets, that is confiscatory with home foreclosure practices, that endorsed mortgage contract fraud in open manner, that is responsible for massive bond fraud that sells vacant toxic paper in the securities market, that is defensive in court rulings in a parade of negative decisions, that is embarking on capital controls to limit the flight of money. Controls are already in place to reduce bank wires to foreign locations, and to limit withdrawals. Curiously, only the biggest US banks seem to have the most stringent controls, probably because they are zombies struggling to walk. The dependence of money laundering funds by the biggest US banks is now out in the open. The United Nations team exposed the dependence. In late 2008, the big US banks might have failed without the important infusion of narcotics money, the UN report claimed. In a 2010 settlement case of money laundering, Wachovia pleaded guilty but arranged to pay a fine in settlement. The details escaped the financial press for its egregious ratios. Wachovia essentially paid a fine of 1/30-th of one cent per dollar of laundered processed funds. The USDept Justice is clearly part of the syndicate influence and curtain of control. The big US banks are attempting to limit the bond fraud claims in the mortgage backed securities arena, without much success to date. Another black eye came from JPMorgan foreclosing on homes owned by active soldiers in the USMilitary. Bank of America foreclosed on a homeowner in Florida without a mortgage or home loan at all. Across many states, the leverage to take back a home under threat of foreclosure lies in the MERS title database itself, since the courts have ruled in at least five states that it has no legal standing. The investor must seek out Gold & Silver in order to fend off the long arm of the banks themselves, who often operate with impunity. The observers are still looking for the first bond fraud prosecution of a Wall Street bank, along the lines of the action taken against Arthur Anderson. What a patsy they were to conceal the JPMorgan involvement at the center of the Enron scam.
The people must take an oppositional position against the upcoming systemic failure and implosion of the financial foundation. In doing so, they must give up on the hope that the nation can right itself. The Too Big To Fail nonsensical mantra is nothing but a loud call to avoid any solution at all, to keep the power structure intact. A legitimate solution would begin with liquidation of the big US banks. They are bankrupt. They are dead lending vehicles. They have morphed into casinos with vast derivative participation to sustain their time before ruin. The systemic insolvency includes the banks as the starting point, but also the homeowners of whom 28% are underwater insolvent on loans owing more than the home value. The lack of a sufficient industrial base makes a recovery practically impossible. Why just this week, the ISM data came out on reduced manufacturing activity, laced with higher prices paid. The dullard analyst buzz was that it did not matter since the nation produces so little. Exactly! But the message is the polar opposite. It matters in totality since much of the recovery propaganda message relies upon the export trade expansion. It aint happening. The investor must seek out Gold & Silver in order to avoid being part of the massive damage of the implosion underway. A national systemic failure is in progress. The nation has gone over the cliff and cannot find its footing. The grotesque systemic insolvency has spread, at least finally in recognition, to the USGovt finances. The press has done an adequate job in dismissing the claims that a default or lost AAA credit rating would be no big deal. The effect on the general population would be more than significant, and motivate them to take to the streets like in Athens, Madrid, and Paris.
The people must take an oppositional position against the fear mongers and operators of the propaganda billboards and loudspeakers. In doing so, they must come to grips with a harsh reality. Of 20 defined signals, the United States qualifies in 17 criteria as being a Third World nation. The details smack the people in the face, from corrupted elections to vanishing middle class, from erosion of infrastructure to constant military aggression, from colossal bank fraud to syndicate control of the national money operations, from fast rising price inflation to the dire need to re-industrialize the economy, topped off by syndicated propaganda news media. The investor must seek out Gold & Silver in order to avoid being a victim to the implosion process. The United States of America was founded on principles of freedom that should not be forgotten. All too often the leaders stoke the fires of fear, and raise the call to hatred of the vilified in foreign lands of other races and creeds. The investor must put aside the messages from the public address systems, from the devices that shape public opinion, from the crowd control devices, and invest in Gold & Silver. The patriotic act is to protect oneself and enable the future to unfold on the other side of the greatest asset transfer in modern history. A powerful Paradigm Shift is underway. The power is shifting to the East. The momentum is moving away from fiat paper money, that great license to defraud and to confiscate. The Great American credit line is being yanked. The shift includes a movement inevitably to a Gold Standard and gold-backed currencies.
The people must take an oppositional position against the trend toward the ruin of money itself and the crumbling of debt in climax. The Gold & Silver investor does not hope for the ruin to continue and grow worse. But that investor expects it, anticipates it, and must plan for it. The Jackass took little pleasure from seeing numerous ruinous forecasts to come true in 2007 and 2008 and 2009 and 2010. But they happened as expected, knowing the asset bubbles would bust inevitably. To be expected, the power centers would prefer to fleece the national finances further, rather than to be prosecuted for bond fraud. The objective nowadays within the power centers is to accelerate the fraud, counterfeit, theft, and confiscation until the final days of the USDollar when it is laid to rest. They must seize and grab all that is not nailed down. Unlike 1935, no possibility of gold confiscation is likely. To attempt any such confiscation would unleash a torrent of resistance, while it painted a global billboard that GOLD IS WORTH TEN TIMES WHEN ITS CURRENT PRICE. Such a clumsy maneuver would spark a tremendous foreign demand in all things gold that would blow the Anglo bankers away. If truth be told, the private investor accounts of numerous Wall Street executives contain ample gold & silver bullion. They routinely over the last 15 to 20 years have taken the counter-party position to the huge not so naked short futures contracts at the COMEX. Thanks to Jim Sinclair who revealed this practice at the 2009 PDAC conference in Toronto. He claimed they have large accounts within the Carlyle Group. So the people should invest like the elite bankers do, in Gold & Silver bullion metal, the ultimate money. It is the central bank reserve asset of last resort, the currency to pay for individual retirement years at the last resort, the ticket to avoid the homeless camp or the government sponsored camps for that matter.