U.S. May Have Fallen Over The Cliff, Changes Will Occur Part 2

January 10, 2012

It's the follow-up story to part one if you have missed or have as yet read you can go to the first article by just clicking on Part One.

Change will occur

To protect themselves against sovereign risk, and of course, currency risk, these funds are diversifying into gold.  In doing so, they're following in the footsteps of U.S. pension funds like the Teachers Retirement system of Texas, as well as billionaire hedge fund managers Kyle Bass, David Einhorn, and Daniel Loeb.

All three agents are on record as favoring ownership of actual gold bullion - in allocated storage in a secure vault. Another seller investor, Jim Rogers, the billionaire co-founder of the Soros Quantum Fund, recently said he intended to sell U.S. debt and buy more gold and silver.

Meanwhile, central banks are placing similar bets on Washington's antics, having scooped up 351.8 tons of gold in the first nine months of 2012 alone. Turkey here has been a real stand-out importing 4.2 tons of the yellow metal in November for a total of 117.2 tons while Korea reportedly owns six times as much gold as it did in 2011.

For its part China, the golden elephant in the room has seen demand for gold rise 27 percent annually since 2007, according to Casey Research of Stowe, Vt. In fact, while China has been bulking up on bullion. Its citizens, goaded by government officials, have been buying gold at post office wickets, bank counters - even at automated kiosks.

Fiscal cliff theatrics aside, what's a fair price for gold? Listen to Lee Quaintance and Paul Brodsky fund managers in Lake Placid N.Y. In their most recent letter, Messrs, Quaintance and Brodsky calculate an "a shadow gold price."

Calculation is used

It uses the Bretton Woods monetary calculation for valuing the fixed rate linking gold to the U.S. dollar.

By dividing the base money by official U.S. holdings, they come up with a shadow gold price of over US$10,000 an ounce.

And l urge readers interested in learning more to buy the upcoming book: $10,000 Gold: Why Gold's Inevitable Rise is the investors haven. It's being published by John Wiley & Sons.

Nick Barisheff President of
Bullion Management Group Inc.

This article was published and written by Investor's Digest of Canada 
copyright 2013 by MPL Communications Inc.
Voted the Best Investment Advisory

Interesting Interview if you have not seen it yet
you will enjoy this debate!
What l call it!!!


All the Best,

Joseph F. Botelho One Gram at a Time

Joseph Botelho

Follow @jfbmarketing

"Pay Yourself First Because the #Economy that Matters Most... is the One in Your Own #Home" https://t.co/wo7XWWjaFZ pic.twitter.com/VSVAtkJ6El

— Joseph Botelho (@jfbmarketing) January 19, 2016

U.S. May Have Fallen Over The Cliff

January 9, 2013

Regardless of the outcome, the heated debate over America's fiscal cliff signifies nothing. But gold's growing role as a hedge against global fiat currency debasement gives us a more realistic read on the future of the American economy.

While President Barack Obama dickers with John Boehner, Speaker of the U.S. House of Representatives on US$607 billion of spending cuts and tax increases, Congressman Ron Paul believes America has already fallen over the fiscal cliff, given that Washington's bill for unpayable entitlements has now hit US$222 trillion.

"The treasury's bare," proclaimed Mr. Paul in an interview on Fox News December 17.

"The country's bankrupt; they won't admit it, and that's why there's so much anger and frustration because it's hard to divvy up loot when there's none to divvy up."

Growth must be genuine

It goes without saying that real economic growth comes from business-led and capital expenditures, and not by thinking about tax rates and budget cuts in the face of insurmountable debt.

Instead, to avoid dividend tax hikes that could jump to 43.4 from 15 percent, leading U.S. companies like Costco Wholesale Corp. (COST-NASDAQ, $98.92) awarded shareholders, including management, a US$3 billion Xmas Dividend gift.

Moreover, aping Washington's misguided script that tries to goose productivity by increasing debt, Costco had the nerve to pay the dividend with borrowed money.

Meanwhile, signs of bankrupt governance, if not outright bankruptcy, abound in the U.S.

As reported on Greg Hunter's USAWatchdog.com a website that bills itself as supplying the straight dope, over 20 million homes in the U.S. remain vacant.

Moreover, to prevent more damage to fragile balance sheets, Mr. Hunter adds, financial institutions are avoiding foreclosers. Despite extraordinary stimulus measures, nearly 47 million Americans - about one in seven, an all -time high - survive on food stamps.

Meanwhile, robust sales of both guns and ammunition in the U.S. suggest widespread unease. And unlike profligate leaders in big government and big business, Americans who do not have jobs are trimming balance sheets, as evidenced by their dwindling spending on almost everything.

like reduced spending on consumer goods, purchases of gold bullion portend a fundamental fiscal shift.

It will be one, say's Mr. Paul that will be spurred by "a dollar crises where we will be forced to revamp and change our system of financing. And although he admits this won't be anything as bad as the collapse of the Soviet system, it will involve a lot of changes.

Meanwhile, in faraway Japan, home to another debt-fuelled currency debasement, Japanese pension funds with US$3.4 trillion in assets are taking a big step.

Nick Barisheff President of
Bullion Management Group Inc.

                             Tomorrow we will have the conclusion to this article on the changes that will occur!!
This article was published and written by Investor's Digest of Canada 
copyright 2013 by MPL Communications Inc.
Voted the Best Investment Advisory

All the Best,

Joseph F. Botelho One Gram at a Time

Joseph Botelho

Follow @jfbmarketing

"Pay Yourself First Because the #Economy that Matters Most... is the One in Your Own #Home" https://t.co/wo7XWWjaFZ pic.twitter.com/VSVAtkJ6El

— Joseph Botelho (@jfbmarketing) January 19, 2016

"Nick Barisheff's financial predictions for 2013 on the economy"

January 8, 2013

Following some of my favorite topics are written by Nick Barisheff, President, and CEO of the "Bullion Management Group" located in Toronto, Canada with Asset Holdings of Over $650 million, and author of Why Gold by 2017 will be worth $10,000.00 an ounce. A must read for any investor or individual who has a desire to understand a real meaning and performance of this "Asset," you can review Nick Barisheff's Book on Amazon. 

Nick Barisheff's interview, conducted by Investors Digest of Canada, is a fascinating one; he shares his thoughts on why the U.S. may have already fallen off a cliff. Not a real thing but has many rewards, for the ones who understand, and take advantage, or has a look, at what he predicts, will occur in 2013. No, he's not a mind reader at all, just understands formulas, that make logical "Financial Sense." Understands the demand and supply!

It certainly will do an interesting reading for many investors, who see the potential, world views on how it will be effective all industry in one way or another. There is great potential if one understands the conditions, he illustrations in his report, that will be shared tomorrow. Thinking of making it a two-page article, and spreading it over two days or just one day; not sure, see what happens.

But some of you have already read this article, has only been shared in media form, the old fashion way. YOU have to buy it or subscribe to it and have it delivered to your home just like we all use to do with the Wall Street Journal... Investor's Digest of Canada has been voted The World's Best Investment Advisory! If you're not reading it, you should be, checked them out in 2013, see some good advice already.

If you have a desire for more information on this topic that will certainly surprise you with some of the Experts that have so much influence on; unforeseen financial circumstances that occur without much warning, we have all felt this pain. Nick Barisheff interview posted on Investors Digest of Canada will be published here for all the investors who have an interest in what an actual (ROI) will mean in 2013.

The only thing we also ask, since your going to get some precise information is just share this article with all of your Social Network Sites. Trust me it will make you look good. This l know, been following and writing articles on Nick Barisheff views on Gold. Difficult to find any better advice, just have to enjoy reading and listening to a topic that makes you smile, real simple..."Refreshing"


NICK BARISHEFF and GREG HUNTER INTERVIEW   a must watch!!!

Click on the link below for
free access to this book

So Tomorrow we will start with the articles on why the

 U.S. may have already fallen off the cliff!!! 

All the Best,

Joseph F. Botelho One Gram at a Time

Joseph Botelho

Follow @jfbmarketing

"Pay Yourself First Because the #Economy that Matters Most... is the One in Your Own #Home" https://t.co/wo7XWWjaFZ pic.twitter.com/VSVAtkJ6El

— Joseph Botelho (@jfbmarketing) January 19, 2016