The ETF Report             
copyright 2010

Week of August 15. There is no money in Amerika. Wake up, you’ve been bamboozled by wickedness in high places. First off, we have to define what money is, and what it is not. If we assume that the Constitution is still in effect (be careful, it might not be), then we, the people, gave our servants, the Congress, specific instructions on what we wanted for money. We said, in Article one, section 8, that we wanted coins. Then in Article one, section 10, we insisted that the coins be gold and silver. So the money has to be gold and silver coin. Now, are go9ld and silver coins in common circulation? Can you get gold and silver coins in your change at Wal-Mart? Probably not. Do a google on Gresham’s Law. The pieces of paper that we use as money used to redeemable into coined gold and silver money. But that redeemability was withdrawn decades ago, so at that time, we continued to act and use this paper as though it were money, but it wasn’t. We should have jumped up and down, rioted, went to court, lynched our Congressmen, burned down the Federal Reserve, etc., but ignorant sheep that we are, we didn’t. Those of us that made a fuss were thrown in jail and basically had their lives destroyed through fear tactics (case in point, me. I was accused of tax evasion, went through a 3-day trial without the benefit of a jury or a lawyer), They threw such fear into my wife that she fled, taking the kids with her.

     But, fortunately, once exposed to the truth, it’s hard to stop trying to warn the people of the coming disaster. So we keep preaching the end of the world as we know it. I’ve been trying to warn you since the 1970’s. In 1980, and 1990, I ran for Congress to try to correct the ills I had found, and by 1991, wrote the book, “America’s Monetary Mess”. Recently, I became editor and publisher of “The ETF Report”. Yes, I realize we have to use their paper money system, but I regularly warn my subscribers to convert their paper ‘profits’ out of paper into real money, gold and silver coins. Yes, I realize the tyrants can pass a law (like they did in 1933) to outlaw gold and silver, which they can only do because “they” have guns. Of course, if you have a gun, then you have an alternative. Just ask yourself, do they have the right to take my property from me? Now, I know exactly how this is all going to shake out, so if I leave this world in a blaze of gunfire, I’ve made my piece with the Lord years ago, and know He will come back soon to straighten things out.

     What you can do in the meantime. We are Christians, so we believe in getting saved. This means making a commitment of faith in believing that Jesus Christ is the savior of the world promised to us by God thousands of years ago. God has promised that if we die after making this commitment, that heaven will be our eternal reward. So that’s how I can have freedom and liberty in face of a tyrannical government, because I know that, if they do plug me, I will merely go to my reward.

     Step two. Besides having a stash of gold and silver, I have Mr. Smith and Mr. Wesson guarding the homestead as well as rudimentary survival stuff to be able to wait out TEOTWAWKI till the Lord comes (or the Feds), There are a plethora of good websites that address the issues. We mainly concentrate on getting as much out of their decadent Babylonian money system as possible. This involves taking long positions in ETFs that will appreciate when the bottom falls out of bed.

Remember, commodities are going to the moon (we bought some RJA Monday) so look to purchase ETFs that follow commodities. We are closely monitoring SLV, looking for the move higher to resume, and have used the break to add physical metal (we buy the 1 oz. silver, knowing it is not, by law, a dollar).

Lawrence Sarsoun 
321-259-4729
sarsoun@hotmail.com                              
Melbourne, Florida