22 September, 2006

Important Thoughts, Financial and Economic Advice

Posted by alex in Financial Column, George Lenz, gold & silver at 6:28 pm | Permanent Link

By George Lenz

Recently, Orianna Fallaci, a well-known feminist and communist writer, died. She was quite an ordinary communist propagandeur, who hated men and spread communist and jewish propaganda by interviewing jewish and communist politicians, including Deng Xiaping and Henry Kissinger. She supported their accessions to power and every kind of disastrous policy jews, masons and democrats have inflicted on White society, celebrating each of their perversions, and hating and ridiculing those few brave White men, who opposed them. She was always fond of each colored or jew she interviewed.

For some reason, late in her career, she grew displeased with one category of the coloreds invading European shores – the Muslims. Their faith was an object of hatred for her: probably she wasn’t happy about those healthy and fundamentally sound policies Muslims have in relation to their women. Many illuminating and emotional anti-Muslim speeches followed, and she even had to pay a fine over some of them, yet she never attacked the jews and communists who brought the plague of multiculturism and mass colored immigration to Europe in the first place.

To her credit, she stood up to Muslims up to her death, and generally told the truth about them. Yet her sad story remains a story of a fallen woman, who, lured by false promises of feminism, decided to disobey the time-tested truth of her father and mother about the natural role of sexes in the European society. She discarded the White man, her natural protector and benefactor, in favor of jew and colored, only to become disgusted at the end; but it was too late for her. Thus the best obituary for her should read like this: if one mixes with rabid dogs, one is going to get bitten.

* * *

I got inquiries on the state and perspectives of the gold and silver market, so I decided to present basic analysis on the subject. First, it is always better to own physical gold and silver rather than gold and silver certificates; gold and silver coins rather than gold and silver bars, ordinary gold and silver coins rather than collectibles. I suggest purchasing 1 and ½ oz. gold and silver coins, preferably Krugerrands and U. S. dollar silver coins or Aryan gold 50 and 25 dollar coins, or 1 and half dollar coins, if they were available. A good idea would be to find a local reputable dealer, or, if one is unavailable, choose an Internet dealer. I suggest kitco.com both as an Internet dealership and price-reference source. Second, contrary to widespread opinion, it makes more sense to own physical gold than stocks of gold and silver mining companies. The mining industry is high risk and difficult to research for the average investor: the stocks of the biggest companies are overvalued, and money can be made mainly in stocks of small- to medium-sized mining companies that are not easy to follow and are risky to own. Physical gold does not have such disadvantages, and has a bigger earning potential should prices appreciate. Currently, the stocks of the main players in the U. S. precious metals industry look like this:

GFI (current value 17.9 vs. intrinsic value 3.7)

GG (current value 22.6 vs. intrinsic value 10.7)

NEM (current value 43.8 vs. intrinsic value 15.5)

GLG (current value 37.8 vs. intrinsic value 3.9)

So both GFI and GLG are excellent targets for a 3-month short position.

Third, I do not expect gold and silver prices to appreciate, but to go down a bit: the Iranian crisis is not escalating, and U. S. inflationary pressures, while currently significant, should alleviate due to cooling economy and slower growth of monetary base. I expect silver to be in 9.0-9.5 USD range by the end of December 2006, and gold to go down to 500-550 USD per oz. Fourth, the best way to purchase physical gold and silver is by putting a stable portion of savings, let’s say 10% into them every month: 2/3 into gold, 1/3 into silver: thus the purchasing power one conserves is going to be preserved in the long run. Fifth, it is better to store gold and silver at home: if one owns a house, in a basement, and preferably in a built-in safe. Keeping gold and silver in a bank opens it to confiscation by the democratic government in case of emergency when it would be needed the most.

The market is down to around 11 500, demonstrating that valuation above 11250-11500 range are short lived and lack economic fundamentals to be justified. I closed nearly all my weaker positions during the rally, and currently stay mainly in financial and energy stocks. I expect the Dow to stay in the upper 11 250-11 500 range till the year end.


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  7. 23 Responses to “Important Thoughts, Financial and Economic Advice”

    1. Geoff Beck Says:

      You’re right about Fallaci, Lenz. Really hit the nail on that one.

      My instincts about gold and silver match your analysis, too. We’ll see what happens.

    2. Olde Dutch Says:

      Why not do, what they used to do in France, and bury your gold in the backyard? :o)) LOL

    3. Carpenter Says:

      (Yes, I know it’s “shabbos goy,” I’m tired and slipped.)

      On a lighter note, a friend of mine recently converted his girlfriend to the light of White thinking. From sense of responsibility to doubt about immigration to doubt about race-mixing to awareness of Jewish media.

      Who says wimmin can’t learn the dangerous truth? All they need is the right boyfriend to teach them. Has to be a guy with some brains though, and a guy the woman looks up to as a possible provider and protector. Then she’ll want to believe him, and that’s what you need: her feelings working in your favor.

    4. Carpenter Says:

      Hey. Where did my first post go? You know, the one that the parenthesis in the second post refers to. Don’t tell me it got censored because I called Orianna Fallaci a bitch?

    5. America First Says:

      She was not a White Italian. IMO

    6. Joe C. Says:

      It sounds to me as if this bio was written in advance, and forcibly attached to Fallaci. Although there is a grain of truth to it, it seems very contrived. Of course any mainstreamer has to be nice to Kissinger and others. It’s my understanding that Kissinger will storm off the set of any journalist dares to ask certain sensitive questions. If anyone in the mainstream ever wanted to really rock the boat, then their career is over. Look at Mel Gibson, and he had the excuse of being drunk. Lets put things in proportion. The other day, Hal Turner told about how the 320 lb Kingston black teenager Joseph Williams cried in court. Then added that “hopefully he learned his lesson” and that “we’ve all made mistakes,” etc. What??!! Now this is good ole Hal Turner talking! Getting back to the point, do any of you really think that the childless Neo-Con Ann Coulter is more conservative than Oriana Fallaci??

    7. jimbo Says:

      “Yet her sad story remains a story of a fallen woman, who, lured by false promises of feminism, decided to disobey the time-tested truth of her father and mother about the natural role of sexes in the European society. She discarded the White man, her natural protector and benefactor, in favor of jew and colored, only to become disgusted at the end; but it was too late for her. Thus the best obituary for her should read like this: if one mixes with rabid dogs, one is going to get bitten”

      arrrggghh….BOO HOO fckn HOO!
      who gives a FCKN TOSS?

      another yoo shill ‘bites the dust’! so FCKN wot?
      may there be many more (and soon!)

      whereabts did they chuck this femi-slag’s rotten carcass?

      i might be motivated to go and PISS! on her fckn grave!

    8. Bill White Says:

      Not to interject too harshly, but the constant technical analysis of gold is annoying — and foolish.

      Short term fluctuations in commodity prices are essentially random accidents — “noise” over the long term fluctuations.

      Long term fluctuations are dependent on currency policy and the stability of the dollar.

      If you’re going to predict changes in gold prices over periods of month, then link them to something sensible. If you can’t link them to something sensible, then stop urging speculation — the small white investor does not have the economic pull necessary to profit from what is essentially a Jewish scam.

    9. Maguire Says:

      I will interject harshly.

      Trading in unmonetized gold and silver are and remain Jewish minded speculative scams.

      Gold. Jewish regimes have a long history of outlawing private ownership of gold at moments of crisis – i.e. when it’s really needed – and confiscating it by police action in return for worthless paper. The Bolshevik “Gold Fever” in 1918 and the FDR-Federal Reserve action in 1933 are two examples.

      Silver. If anyone thinks their precious pre-1965 US silver coins are truly worth anything over face value, just try buying food, fuel, tools or paying mortgages and local property taxes with them. You will get face value and nothing more. You have to be 42 years old now just to have been born the year the last silver was coined in the USA. Now try explaining to that 35 y/o or younger clerk – often nonwhite – why that quarter is really worth the current London fix for its silver content.

      If anyone wants to ‘invest’, start by investing in yourself and those around you. Learn productive skills and knowledge about the processes of actually creating material values that sustain young white life. Organic permaculture, alternate energy, light manufacturing… Then ‘invest’ in land and equipment and get busy.

      Resources, and often free resources, are all around you if only you acquire the knowledge and apply the ambition to make use of them. How many realize they can acquire almost unlimited tonnages of scrap metal locally for a small fraction of what the Chinese or the Jews must pay?

      Ah! But that takes real work. First in study and then in application.

    10. CA Says:

      She looks like a devil possessed person. Did not see have a satanic seedline?

    11. Celtic Warrior Says:

      Re Maguire:

      Spot on, but how about “investing” in the greatest of all commodities….white genes. Yes, that’s right let’s produce the greatest “resource” the world has seen, White people. We are in a fight for survival and we cannot win the coming battles, cultural and demographic, without White kids raised to be racially aware adults.

    12. New America Says:

      Celtic Warrior, in echoing Maguire, is so correct that we must stop and heed this great advice.

      Gold and silver are stores of value, but they can be manipulated in price, and confiscated, all too easily. Indeed, when the Hunt Brothers cornered the silver market, the ONE force greater than them – the US Treasury – came in and undermined them, as a quiet reminder that those outside the System can go this far, but no further.

      What ADDS value is the same force that CREATES value – the human mind, harnessed in the fulfillment of greatness.

      These gold worshippers are lost in a world that never really was.

      What CREATES the greatest value, for all of us, are smart children with the proper values, and this requires disciplined home schooling. THIS explains why resource-limited countries, like Switzerland and Singapore, do very well economically: FIRST, they have the Culture right, and, because politics and economics serve the Culture FIRST, then the environment is created and sustained that allows the formation of stable families, with above-average children.

      Let’s hear the high point again:
      The environment is created and sustained that allows the formation of stable families, with above-average children.

      This, pretty much alone, explains why Singapore and Switzerland, two nations virtually lacking in natural resources, do so very well – because their focus is on the development of human resources, in the proper manner.

      And, with the resulting wealth they will create, you can buy all of the damn gold and silver you want; it will still be confiscated, if the government so chooses.

      I was talking about the implications of $5000 an ounce gold with my economics professor; he said the implications are very simple – a worthless currency, and a virtually collapse of the division of labor in society, and the virtual collapse of an industrial society.

      Like, say, Weimar Germany.

      There are times to read Sombart, for the broad view.

      Then, there are times to reread chapters of Blumetti’s “The Lion Is Humbled – Book ONE Of The Thousand Year Reich,” just to remind ourselves of the Big Picture, a picture MUCH bigger than who owns the yellow metal.

      New America

      An Idea Whose Time Is HERE!

    13. Ike Says:

      It’s great to hear Maguire on VNN. VNN readers read faem.com and you will learn. I wish the late great Robert Frenz was my dad. It is nice that Alex has Eric Thomson’s wisedom on VNN.

      Alex keep up the great work!

      ORION

    14. NSN Says:

      I’m with you Jimbo. She was a disgrace to the White race.

    15. ftwainth Says:

      2 Geoff Beck

      Thank you for your kind words, Mr. Beck

    16. ftwainth Says:

      2 Mr. Bill White

      You are quite right, yet I think short term forecasts are a useful tool to discourge misinformation. What I get are inquires from people, who are bombarded with info that gold and silver are going to go up soon, to a 1000 USD and 60 USD per oz respectively, and are asking for opinion on short term market trends. I give them a reasonable short-term forecast, and I advise on putting a defined share of the income into gold and silver. Most, when they see for themselves that gold and silver are not going to be anywhere a 1000 USD and 60 USD soon, become a bit more sceptical towards the sources of misinformation.

    17. ftwainth Says:

      2 Maguire

      You are mistaken on this, brother. Gold and silver are an excellent storage of value. I can give a personal example: when the jew-bolshevics conquered my country; they outlawed all private businesses and farming for more than ten years. Our family survived only because we have gold coins well hidden, and paid with them for grain and meet. The same situation will be in democratic Amerikwa when it will fell: no one would be able to purchase food for worthless paper money, only for gold and silver.

    18. Maguire Says:

      Celtic Warrior,

      >>how about “investing” in the greatest of all commodities….white genes. Yes, that’s right let’s produce the greatest “resource” the world has seen, White people. >You are mistaken on this, brother>I can give a personal example: when the jew-bolshevics conquered my country; they outlawed all private businesses and farming for more than ten years….Our family survived only because we have gold coins well hidden.>and paid with them for grain and meet

    19. Stronza Says:

      Gold and silver coins may have been useful in the past, but I suspect that when the present system collapses, those who hold these items will find that nobody really wants them. Maybe the human race will figure out that you can’t eat silver & gold.

    20. Scipio Americanus Says:

      Thanks George for pointing out the fact that she was a communist and a rabid feminist. I find it kind of fitting that the Judeo-Liberal establishment she was once a full fledged member of turned against her in the end. Wasn’t she wanted by the Italian authorities for violating “hate” statutes and thus fled to the United States? She was the opposite of a lady in nearly every respect.

    21. Scipio Americanus Says:

      RE: Gold and Silver. Both are excellent stores of value and have been proven as such, especially gold. But these are not “investments” as the wheelers and dealers on the radio would have you believe. They are trying to pitch a product to make a buck. Most people who dabble in commodity trading loose their shirts (over 90% of them). Purchasing gold is a defensive act and its value rises in direct proportion to the debasement of the currency, courtesy of the ruling regime. The prices can be manipulated but only over a relatively short time frame. Sustained sky high gold prices = hyper inflation and a collapse of the economy. At that point, we revert back to the barter system until some kind of civil authority establishes a new currency.

      “Jewish regimes have a long history of outlawing private ownership of gold at moments of crisis – i.e. when it’s really needed – and confiscating it by police action in return for worthless paper.” Yes, but the same can be said about land, machinery, live stock and other assets too. Just ask the Russian Kulaks, who had theri land confiscated and were exterminated by the Jewish Bolsheviks. Ultimately, our greatest asset is our rational minds, which is the ultimate source of wealth. I completely agree with Maguire on this point. However, that is something G-d’s Chosen Bandits can also destroy through our integrated public fool system which has actively sought to debauch the minds and moral instincts of our students while promoting race mixing, equalitarianism, feminism and sodomy.

      “What CREATES the greatest value, for all of us, are smart children with the proper values, and this requires disciplined home schooling.” Well stated. Given the collapse of standards and values in our public (and most private) schools, home schooling is a must, especially at a young age. Needless to say, it must be defended at all costs! We can not allow the ruling establishment to outlaw it as they have done in occupied Germany. This is NON-NEGOTIABLE!

      When the time comes, the only way to defend ourselves, our families and our property is with the barrel of a gun, preferable a semi-automatic .308 centerfire rifle or its equivalent, such as a 30.06. HERE IS THE BEST INVESTMENT ADVISE I CAN GIVE: buy an M1A/M-14 and as much ammunition as you can afford (you can never have too much ammo) and practice, practice, practice. Without a means of defending yourself, your family and your property from the ruling tyrants and the hordes of wogs now present in what used to be our country, nothing will matter in the end. You will be dead! And even if these SOB’s manage to overwhelm you with shear numbers, then at least you can die, rifle in hand, standing on your feet, with the heroism of our race! Strength and honor to all! — Scipio Americanus

      “The very atmosphere of firearms anywhere and everywhere restrains evil interference – they deserve a place of honor with all that’s good” — George Washington

      “No free man shall ever be debarred the use of arms. The strongest reason for the people to retain the right to keep and bear arms is, as a last resort, to protect themselves against tyranny in government” — Thomas Jefferson

      “The great object is, that every man be armed…Every one who is able may have a gun.” — Patrick Henry

      “If ye love wealth greater than liberty, the tranquility of servitude greater than the animating contest for freedom, go home and leave us in peace. We seek not your council, nor your arms. Crouch down and lick the hand that feeds you; and may posterity forget that ye were our country men.” — Samuel Adams

    22. Jackumup Says:

      you can’t eat gold or silver, besides uncle jewey is pushing a cashless society were solid monetary materials will be useless, real estate is also a waste because your going to die and so will your offspring there fore it is not possible to retain land, why worry, your going to die , why spend time accumulating shit, your going to die, who are you trying to impress your going to die, and uncle jewey who spends so much time and effort accumulating material shit and thinking he’s in control well he’s going to die too.
      Stop being afraid white man you are going to die eventually, and so is everyone else

    23. Donger Says:

      Thanks Mr. Linder for the tip on kitco.com.