Precious Metals and Grain

Preparedness PEACE series

Beginning Tuesday, August 28^th, I will begin broadcasting a FREE 6-part series on Disaster Preparation to anyone who makes that request. The information I will be sharing comes from the renowned “Preparedness Peace” series, a basic foundation designed for a lifestyle of disaster preparedness.

This information will be in eMail form so that you can copy it as you receive it and place it in a folder for possible use later. It's amazing how much good disaster preparation information is available only on the Internet or in DVD format – a lot of good that would do us if we were without power!

If you are interested in receiving this FREE Disaster Preparation series, there are two things I'd like for you to do right now:

1. Send an eMail to miketummillo@me.com with “PREP” in your Subject Bar” and... 

2. Tell as many friends as possible so they can get prepared, too!

NOTE: Preparedness Peace is Disaster Preparation with a distinctly Christian flavor. There. You've been warned. The information is suitable for families, businesses, communities and organizations.

I'm looking forward to hearing from you!

Every blessing,

Michael Tummillo

Founder,

The Church @ Work

An excerpt from the EVG Research Team…

Our ears perked up when we saw a Wall Street Journal Op-Ed penned by Alan Blinder.  In just a few paragraphs he basically called for the Federal Reserve to put the final inflationary nail in the coffin.

And if Ben Bernanke took his advice, we’d be in big trouble.

Of course, Alan Blinder doesn’t think he’s calling for hyperinflation.  But we think he’s playing with dangerous materials in a chemistry set he doesn’t fully understand.

Here’s why we think Alan Blinder is about to blow us all up. 

First, Forget Their Definition of Inflation...

Mainstream economists define inflation as the rate at which prices of goods and services rise.

But we favor the definition used by the Austrian school of economics. They define inflation as an increase in the money supply.

The reasoning is a simple case of supply and demand. 

When there’s less supply of something in high demand, the price goes up. But as you add to the supply, there's more to go around and the price falls.

So when the Federal Reserve increases the money supply, the dollar falls in value, just as the law of supply and demand tells us it should.

Yet for some reason… 

Tripled the Money Supply Lightning Fast

In September of 2008, on the verge of economic crisis, there was $844 billion dollars of actual currency in existence.

In response to the crisis, the Federal Reserve rapidly DOUBLED the amount of currency in circulation. In just 3 months it reached $1.69 TRILLION.

By May 2011, the money supply reached $2.56 - tripling 2008’s numbers.  

And we’re currently sitting with $2.65 trillion.

That’s more than 3 times the amount of currency in 2008.

But if our definition is accurate, and the money supply has increased three-fold since 2008... why haven’t prices gone up three-fold?

There’s Money Sitting on the Sidelines

First of all, an increase in the money supply doesn’t always raise prices evenly across the board.  Because money tends to enter the economy unevenly, it affects prices unevenly.

Big banks, Wall Street investors and their friends are usually the first ones to access the excess money. 

And so usually it’s an investment asset class that rises in price first. Afterwards, the money continues to circulate around the economy and prices go up across the board. 

However, that’s not the real reason prices haven’t doubled or tripled... yet.

The real reason is, the banks haven’t let the money flow into the economy.

Of the $2.65 trillion currently in existence, $1.5 trillion exists as excess reserves banks are not lending out.

The Federal Reserve actually pays the banks interest of .25% - or 25 basis points - to keep their money on reserve.

This has kept the money from entering the economy and causing inflation.  But...

Now There Are Calls to Release 

That Money into the Economy

Mainstream economists, with their foolhearty view on inflation, are calling on the Federal Reserve to force banks to “start lending again” and release these reserves into the economy.

Here’s exactly what Alan Blinder said in a recent WSJ piece:

“Lower the interest rate paid on excess reserves. The basic idea is simple. If the Fed reduces the reward for holding excess reserves, banks will hold less of them—which means they will have to find something else to do with the money, such as lending it out or putting it in the capital markets.

“My suggestion is to push it lower in two stages. First, test the waters by cutting the interest on excess reserves… to zero. Then, if nothing goes wrong, drop it to, say, minus-25 basis points—that is, charge banks a fee for holding their money at the Fed. Doing so would provide a powerful incentive for banks to disgorge some of their idle reserves.”

Alan Blinder is begging the Federal Reserve to essentially force banks to start lending... unleashing $1.5 TRILLION dollars into the economy.  That’s double the entire money supply in existence less than 4 years ago!

Hold Onto Your Hat...

Once that money hits the markets, inflation will flood into the economy.

The money inside your checking account will appear smaller and smaller.

And the worst part is... this isn’t some radical plan or conspiracy theory.  This is exactly what countries like Denmark are already doing.

The European Central Bank - the equivalent of our Federal Reserve - just dropped their interest payments on reserves to zero.  That’s the first step in Alan Blinder’s plan, and charging banks on their reserves seems the obvious next step.

If the US Federal Reserve decides to follow their lead, then you need to duck, cover...

and Get Prepared For Inflation 

Thanks, EVG Team! 

Folks, the BEST way to hedge against inflation: Get Gold and Silver

The best TIME to get Gold and Silver? NOW!

Friends, EVERYONE can afford to do this. 

Gold and Silver are NOT merely for the wealthy… I am living proof!

Send an eMail with the word "RICH" in your Subject Bar and I'll fill you in!

Don't delay, please.

Have you ever heard of Pastor Lindsey Williams? 

Lindsey was the Chaplain on the Alaska Pipeline for 3 years and, while serving in that position, made some friends in VERY high places. 

Global elitists. 

The Uber-Rich.

Some of these people are still in contact with "Chaplain Lindsey," he says, and have either pulled away from what the Elite are up to based on their Christian convictions, have spilled their guts to him on their death beds, or are so cocky and certain they will ultimately have their way, they don't care who knows their plan at this point.

Whether you believe Lindsey's AMAZING story or not, there's some sage financial advice being given throughout his interview, stuff ALL Americans can benefit from. It's 56 minutes long but, if you scroll, I listened and took notes in less than 30. I recommend you get comfy, grab a pen and paper, and listen without distractions.

CLICK HERE

Afterwards, if you find yourself strangely motivated to obtain Gold and Silver, I'm still willing to help whoever's interested!

One more thing: If anyone would rather read my notes than listen to Lindsey's interview, hit REPLY and type "NOTES" in your Subject Bar.

Every blessing,

Michael Tummillo

miketummillo@me.com

Gold or Gun? Decisions, Decisions.

The following excerpt came from an article I received today. It's by a popular author of disaster preparation books. I'll call her "Rosie." She and her hubby are big-time right-to-bear-arms types. I am, too, but I'm smart enough to know that, if the government ever wants to collect our weapons, they won't do it militarily, in house to house seizures; all they need to do is cut our power or starve us out. That's how the Nazis learned who the Jews were from their VERY own neighbors. Starvation can be quite the motivator. Truth is, with an imbedded microchip in our heads (yes, the mark of the beast of Revelations), they'll know exactly whose house has weapons. Heck, they're reading this eMail and are already listening to ALL our conversations, even when our cell phones are OFF! 

A few things Rosie wrote caught my attention, mainly because I've heard or read this kind of comment before. 

ROSIE SAYS: While having some precious metals is a good interim hedge, you can't eat them, wear them, drink them or use them as medicines or shelter. 

MY RESPONSE: True, but if things ever got THAT bad, having PM's will allow you a better chance of BUYING what you need, especially if you possess smaller amounts such as one gram increments of gold, or silver U.S. Coins dated pre-'65. What would I do with a gun, rob someone? If you plan on using your firearms to hunt, good luck with that. If everybody's out hunting in a post-apocolyptic world, there will be no game left to shoot. What will you do when there's no more ammo? You'd be better off with sticky rat traps and cages, luring rats, squirrels, possum and raccoons and clubbing them with your empty rifle. God forbid we should have to live in a Mad Max society - but others have, and are, living that way.

ROSIE SAYS: The most often overlooked problem of precious metals is how do you know what you're holding is real? When it gets down to bare minimums, pretty as gold is, it won't save your life or fill your belly. It will be just another hunk of metal. Further, if the Internet goes down, let alone other communication services, how would you sell it? People often make the mistake thinking that when things go south, life will still function normally. Full implications of "normalcy down" haven't penetrated. That is reality disconnect.

MY RESPONSE: For starters, Rosie, we Americans have been trading in NOT REAL money ever since FDR took us off the Gold Standard in '33. So, we're already accustomed to using play money. I like the Gold I get from Karatbars because it comes in one gram weights and are the lowest priced and easiest to buy and use.  Karatbars is one of only a select few companies worldwide that have approval from the Swiss Central Authority for Precious Metals to include a hologram on their gold ingots.  The ingots are sealed in a blister, and come embedded in a credit card sized card.  The gold shows a hologram, similar to an Optically Variable Device (OVD) on its reverse side ensuring that tampering of these cards is impossible without effecting the Karatbars hologram and provides an easy way for merchants to verify they are in fact 999.9 Pure LBMA Gold (London Bullion Market Association). Pretty secure but impossible to order without phones and Internet connections. 

So, I say, order as many as you can WHILE you can!

In addition, the silver I recommend and buy for myself is called "junk silver - coins minted before 1965. These are 90% silver coins and everybody knows it. Again, I need a phone to order this product but I'm in Texas so I can always ride my bike to my supplier if I need to get more. We could always write letters like they did in the olden days, provided the U.S. Mail is still operational. All these PM's arrive by mail as it is. 

I agree with your comment on the Internet going down. Then what? Bikes, horses, snail mail? We will find a way to communicate. We will find a way to achieve a new 'normal' we can all live with. I recently received my Ham radio technician's license. That should help get messages to somebody somewhere, right?

Rosie, you asked the question, "How would you sell it?" Sell it?!! Perish the thought! Instead, EXCHANGE the worthless paper cash you work so hard to earn, for Gold, NOW, while you still can.

ROSIE SAYS: In the mid- to late 1800s, people bit gold coins and if it left a tooth impression, they were pretty much assured the metal was real. That's not the case today. Clever people drill out gold bars, keep the precious metal and fill them with tungsten knocking down their value by 75% while socking innocent buyers for the full amount. OR, they simply plate tungsten bars with a thin layer of gold. Unless you have assay equipment at your fingertips, how would you know? How could you check?

MY RESPONSE: See previous response!

ROSIE SAYS: Firearms will be worth their weight in gold and thensome. When the SHTF, people who have stockpiled goods for their households yet have no self-defense are most at risk. You might as well lie down and die because you will be dead shortly and so will your family without protection. When things get desperate, people act crazy. Cops will be overloaded with calls and you likely won't be on the top of the heap. This isn't NEOCON rhetoric or right-wing, cling-to-your-Bible mania (thank you Obama for that little quip-ism). It is fact. It is survival.

MY RESPONSE: I am 100% Pro-Gun, but smart enough to know we'd better not put our trust in anything but our God. Where self-defense is concerned, yes, have a gun… or a baseball bat, or a can of wasp spray (aim for the eyes), or a taser… or a trained dog and a good pair of running shoes.  I agree, desperate times will cause crazy people to act crazier. What will they do when a lack of transportation keeps their drugs from getting to their local pharmacy - or their favorite junkie - and they decide they want what YOU might have within your cozy confines for pawning purposes, AND WILL STOP AT NOTHING TO TAKE IT? 

Cops? They'll show up AFTER the crime, if at all. We won't be able to count on them.

In my opinion, we're better off with this approach: God, Gold, Guns, Groceries and GOOD drinking water. Without water, even when the infrastructure is working just fine, we're all dehydrated dead people clinging to guns with pockets full o' gold and plenty to eat.

Bear in mind, many millionaires were created as a result of the Great Depression. Think like Joseph, or Noah. It all boils down to PREPAREDNESS and POSITIONING. Your reaction to a message such as this could help you IMMENSELY! 

If the Stuff really does Hit The Fan, and it's the end of the world as we knew it, this does NOT mean it's the end of the world. Throughout human history, all over the world, any times things looked hopelessly awful, they eventually got better! Wouldn't it be GREAT if you were positioned for when things actually improved. 

A brick-layer from Austria moved to Santa Monica, California so he could live more closely to others who, like him, were dedicated body builders. He arrived just after the 1971 earthquake and made LOTS of money as a brick-layer to support him as he focused on body-building. His name? 

Arnold Schwarzenneger. Perfectly positioned! He was a millionaire before he turned 22. 

Hey, opening up a Karatbars account is FREE and you can fund your account whenever you want, just like a SavingsAccount at your local bank. I can help! The only minimum requirement is $65 USD whenever you DO make an exchange for Gold. But there is NO MONTHLY REQUIREMENT.

If Junk Silver's what you're looking for, I'll be glad to share my contact information for my Texas connection. These guys rock! Just ask! Again, no monthly or minimum.

Don't be scared. Be PREPARED! 

Every blessing,

Michael Tummillo

miketummillo@me.com

Sovereign Man article

There are, basically, just four major banks today. Can anyone say "monopoly'?

Following is an article by Simon Black, Publisher of Sovereign Man. You really SHOULD Google him and read his stuff. Quite thought-provoking.

We've got very little remaining in our bank. Just enough to cover checks, but we're weaning ourselves off the system, just as we peeled ourselves away from that 401k scam. 

Here's Simon. 

Every blessing,

Michael

Notes from the Field

Date: August 6, 2012 

Reporting From: London, England

At one point during lunch today at an infamously spicy Sichuan restaurant in London's Soho district, my colleague turned to me and said, "You know, it's shocking to me that there hasn't been a single instance anywhere in the world of a banker getting beaten to death by the mob..."

I stopped for a moment, wondering if it was the cashew prawns talking. It wasn't.

The idea seemed shocking to me as I'm not one to ponder the physical harm of others... but when you think about it, it is quite remarkable. Bankers are almost universally hated right now, and with good reason.

After all, they did play a key role in wrecking the world economy through bad speculations made with customers' money... the very funds they had the most solemn fiduciary responsibility of managing with care.

Then they went on to present people with a cataclysmic scenario in order to strong-arm a taxpayer bailout, after which they stopped lending to just about everything that didn't come with a government repurchase agreement.

Shortly after, Bob Diamond, then-CEO of Barclays, famously quipped that 'the time for banks to apologize is over...'

Of course, then came the LIBOR scandal in which those same banks, including Barclays, were caught outright lying and colluding to screw consumers through interest rate manipulation.

We've also seen banks fail to heed the lessons of 2007, losing billions from derivatives exposure and trading algorithms gone wild.

Everyone takes it on the chin. The customers. The taxpayers. The shareholders. Everyone, of course, except the baking elite.

Throughout it all, despite so many taxpayer bailouts and the damage that their fractional reserve system has caused to the global economy, the banking elite has still managed to maintain its wealth and status.

Sure, the oddball Madoff or Rajaratnam case occasionally surfaces, but for the most part, not a single member of the banking elite has been charged with a crime.

You know who has been charged with a crime, though? Gary Harrington. In case you haven't heard of this criminal mastermind, Mr. Harrington was recently sentenced to 30 days in jail and fined $1,500 for a most heinous crime against humanity.

His transgression? NINE misdemeanor convictions of collecting rainwater on his private property. That's right... this vile miscreant had the felonious intent to set up rainwater collection systems on his private property to capture water that falls freely from the sky... an obvious violation of Medford, Oregon's 1925 law which awards ALL water to the government.

So Gary Harrington goes to jail for collecting rainwater. And every single banker who has been complicit in defrauding billions of people around the world walks freely on the streets. Or rather drives freely on the streets in their Maseratis.

There are countless other stories of what I call the 'criminalization of existence'-- people like Gary getting abused by the state for the most innocuous activities. There are so many laws, rules, policies, and regulations on the books, you can hardly breathe without violating one of them.

And yet, despite all of these rules and regulations, there's not a single one that can be brought against those who lie, cheat, steal, and collude to defraud the entire world.

This is the nature of democracy today. It is the criminals who write the rules and the good people who go to jail.

Have you hit your breaking point yet?

  

Simon Black
Senior Editor. Sovreign Man

POWER OUTAGES: Ready for this?

July 31, 2012 – PAKISTAN - Prolonged and widespread power outage in most of Pakistan’s cities during scorching summer heat has triggered violent protests in most areas of the country. Coupled with hot and humid summer weather, the prolonged blackout has forced outraged citizens to take to the streets to protest the tough living conditions. The protests turned violent as some of the angry protesters reportedly attacked offices of the power supply department in Punjab and Khyber Pakhtunkhwa, damaging official and private properties. Offices of Pepco, the Pakistan Electric Power Company, were also attacked in Islamabad, Abbottabad, Charsadda, Okara, Multan, Mandi Bahauddin, Sialkot, and Sheikhupura and many of them were reportedly set ablaze. No loss of life was reported, but the roads were blocked till late night. Reports indicate that in some areas people face 12 to 14 hours of rolling blackouts, while the rural residents suffer up to 18 hours of power outage. On Friday, a powerful storm hit some of the country’s power plants, including one of Chashma Nuclear Power Plants and three other plants in Muzaffargarh, causing them to go fully or partly offline. In the meantime, Information Minister Zamar Kaira deflected the blame for the angry protests, saying they have been caused by “political maneuvering of the PML-N (Pakistan Muslim League (N))” rather than the prolonged outages. Pakistan’s lack of around 5,000 megawatts of electrical power has forced the government to implement a rolling blackout policy in a bid to prevent a total blackout. 

26,000 lose power in Cayman Islands: July 25, 2012 – A 

power outage in Grand Cayman, which started at 6:30 this 

morning and lasted until late afternoon, crippled the entire 

island Wednesday. Businesses across Grand Cayman were 

forced to draw operations to a halt due to the loss of 

electricity, with many telling their employees to stay home. 

Hospitals used backup generators to continue offering 

services, while police had to be dispatched to direct motorists 

on the street due to the blackout. Caribbean Utilities 

Company, the only electricity provider on the island, said the 

outage was caused by a fault in one of its substations which 

affected the entire system. 

Strobe-like Lightning... A man whose BlogTalk radio show I listen to said a friend reported lightning "like a strobe light" went on for hours on July 31st. The thunder was "ferocious," he said and the storm knocked out power at 4:44 am. Because they had the generator running, they remained cool despite the sweltering heat, and their refrigerator kept running. They had a plan and they planned to act. See the lightning here: http://youtu.be/Qx4CI3Xv2sU

It doesn't have to be an EMP. It doesn't have to be a nuke 

attack. It can be a lightning storm or an icy blizzard that knocks out power for days.

Are you prepared? You CAN be.

Food, water, techniques for staying cool or warm ARE available. Generators are great but, if the day ever came when no one had electricity, the well-fed people would be followed to their homes. Those with their lights on will attract people like moths to a flame. It might begin with "Can I keep my medicine cool? My breast milk? My batteries?" But it won't be long till everyone wants what you've got. They might stop at nothing to take it, too. Folks get crazy when it comes to staying comfortable.

Guys, do you want your wife and kids looking at you with sad eyes wondering why YOU weren't prepared? 

Parents, can you do better? 

Business Owners, what's your plan?

Please check out/FORWARD this BLOG called PrepareToday. Read the archived articles as well. CLICK HERE