http://www.chroniclesofkings.com - For more details.

For those who would like to hear more, go to http://wealthbuygold.com on the upper left of the page their is information on the calls taking place every 2 hours with Bob Proctor (the Secret), Gerry Robert (The Millionaire Mindset), Phillip Judge (Director, Anlgo Far East Bullion, Co.)

This is a two part series with part one posted and part two on the way.  Part two will discuss economic strategies for positioning yourself for financial success.

http://wealthbygold.com/index.php?option=com_content&task=view&id=77&Itemid=63

2,000 yrs ago As Rome debased its currency and expanded via inflationary methods, the question must be asked who was buying the tangible productive assets?

It was the Byzantine Empire! When the Byzantines finally did over run Rome, they did not collapse it, they merely replaced Rome’s leadership with their own leadership, and effectively ran Rome as a defacto Empire keeping all the same systems in place for another 200yrs.

Finally, the Byzantium leadership broke apart from a Moral decay into the nations we call Europe today!

So the Question now, is China & the East going to do the same thing and keep the current system running further expanding globally and running inflation even further sending the cost of tangibles higher for may yrs to come? It certainly looks that way!

- Simon Heapes, The Anglo Far East Bullion Company

The Hamiltonian Revolution of 1913

In 1913, government acquired effective control of the country’s wealth and strengthened its rule over the states by passing three laws: the income tax, the direct election of senators, and the federal reserve act. The first two arrived as the Sixteenth and Seventeenth Amendments; the “currency bill” was slipped in just before Christmas. All three, per Hamilton’s rhetoric, were promoted under cover of “the public interest.” All three were cons — abuses of confidence by public officials. All three “delivered a death blow to the old Jeffersonian tradition in American politics,” and brought about “the final, decisive victory for the Hamiltonians.”

Were these laws really so bad? Judge for yourself.

Prior to the Seventeenth Amendment, US senators were “ambassadors of the states”; they were appointed by state legislatures. They would speak for their state governments, which would presumably have control over how they voted. Having senators appointed was intended as a check on the powers of the federal government. It limited “senators’ ability to sell their votes to special-interest groups nationwide,” DiLorenzo explains. Thanks to the Seventeenth Amendment, political corruption has “expanded by orders of magnitude,” he says. “U.S. senators now travel all around the country seeking special-interest campaign contributions.”

An income tax was not popular in Hamilton’s day, but he recognized the need for high taxes to fund the “energetic” government he wanted. The first federal income tax was imposed in 1862, and though it was abolished a decade later, “the experience had whetted the appetites of special-interest groups,” DiLorenzo writes. By 1913, American farmers had made a deal wherein they would support an income tax in exchange for lower tariff rates. The income tax became law in 1916, and by 1930 tariff rates had soared to their highest level ever — 59.1 percent, on average. So much for the farmers’ deal making.

After the adoption of withholding in 1943, the income tax became entrenched, as Charlotte Twight has written, “both through its administrative apparatus and through its acceptance in the minds of most taxpayers.” With its confiscation of enormous amounts of wealth and the army of bureaucrats and agents needed for collection, the income tax renders states as well as citizens hat-in-hand beggars when trying to influence the federal government. In their relationship to Washington, states have become Hamilton’s “artificial beings.”

Loathing and fearful of competition, big businesses in the late 19th century tried to form voluntary cartels, but such arrangements are notoriously unstable, DiLorenzo points out, so they turned to government to make them work. What the big bankers wanted was a monopoly of the issue of bank notes so they could have a more “elastic currency.” Previously, if an individual bank issued too many notes, depositors would get nervous and demand redemption in gold. Because all banks issued more notes or deposits than they had gold in reserve, they were all one bank run away from being exposed.

The currency act that created the Fed in 1913 was a crucial step in eliminating this problem — for the bankers. Two decades later, the government took gold out of the picture, so that covering a member shortfall was no longer a problem. Through the magic of the printing press, the Fed could also provide instant revenue to the government to pay for military adventures.

The Fed and the income tax provided the “funding mechanisms” for getting the United States into the European slaughterhouse called World War I. “Like all wars, World War I permanently ratcheted up the powers of government and fueled the urge among politicians to ‘plan’ American society in peacetime just as they had planned in war,” DiLorenzo explains.

The Fed has the power to do the one thing it shouldn’t do: regulate the money supply. By doing so it distorts price relations and guarantees a correction, which, since 1929, the government regards as a clarion call to “do something.” Ignoring economic wisdom, it does everything it can to prevent the necessary correction, thereby making the recovery longer and more painful. When the economy pulls out of the depression, government takes the credit, and the Fed begins inflating again, inaugurating another boom-bust-correction/intervention-crisis sequence that will bear heavily on almost everything we hold dear. Between 1789 and 1913, prices remained roughly stable, DiLorenzo notes, and government was little more than a footnote in people’s lives. Since 1913, prices have increased twentyfold, while today government intrusion has no limits

I, however, place economy among the first and most important
republican virtues, and public debt as the greatest of the
dangers to be feared.” 

This was written by Thomas Jefferson to William Plumer in 1816.  A man who understood freedom and establishing a nation of the people, by the people and for the people. The power of a strong economy with free trade and free from the dominance of the monopolistic banking system is critical to our freedom.  It is important to see that true freedom economically enables all other freedoms.  If we become serfs in a modern feudalistic system we will slowly lose all other freedoms. 

Fight for a free economy and you will win all other freedoms.

Many times when the word sales is mentioned in a conversation many thoughts and experiences are conjured up. Have you gone into an auto dealer lately, you will need escorts and bodyguards to prevent the barage of sales pitches that will be thrown your way. Some may have experienced a great salesperson that was honest and had great follow up. This individual made it worth the purchase, you may have even paid a little more just to work with this individual. Either way many still shiver at the idea of selling.

The question is why is the ability to sell or create dynamic relationships key to your marketability?  First, look at what is core to a business functioning, customers.  Our current environment is making it challenging to obtain a new customer, let alone, urge them to spend money. As companies lean out they will look to those individuals that not only have the desired skills for the position, but can persuade a boss, colleague or customer to their idea and how it benefits both sides.

Second, learning to sell improves your overall relationship skills.  Real selling is not pressuring you into something you don’t want.  Real selling is discovering the what the customer or end user needs and offering them a solution that solves their problem.  The customer or end user go away feeling they are better off than they were before.  Let it be clear, this is not a simple process, but a skill that can be aquired if nurtured.  You will ultimately be the better in both your personal and professional lives. Companies look for these individuals and put you at the top of the current resume stack. 

Spending several years building a technical recruiting firm from 1995 to 2001, a trend was discovered.  At the beginning of the dot com bubble, potential candidates were in such demand that companies overlooked all the tech jargon and inability to communicate to those around them (beyond computer lingo and Star Trek, no offense my geek friends).  However, towards the end of the bubble, qualifications changed.  It was no longer acceptable for a Database Administrator not to have excellent communication and relational skills for the position.  It was now required for these technical individuals, not only to know the technical information, but present their ideas effectively to other departments how it would help them.  This also transcended into these technical geniuses migrating from their former dungeons of companies, to emerge into the light and explain to potential customers why the company they work for will benefit them.

The bottom line is this . . . learn to sell yourself and ideas.  Even if we do enter a depression, long recession or more government consessions there is a choice.   Sit back and call your senators for help or be a part of those who made history.  These history makers decided to improve themselves and then present their solutions to others effectively.  Thus, creating new businesses, better positions and improved relationships that outlasted any storm.

Sarah-Jane Tasker | November 22, 2008

Perth Mint sales and marketing director Ron Currie said the unprecedented demand had forced the Mint to cease orders until January, with staff working seven days a week, 24-hour days, over three shifts to meet orders.

He said Europe was leading the demand, with Russia, Ukraine, Middle East and US all buying — making up 80 per cent of its sales. One European client purchased 30,000 ounces for $33 million.

“We have never seen this before and are working right at capacity. And we are seeing it from clients in the shop buying one ounce, right up to 30,000 ounces from overseas clients,” Mr Currie said.

Robert Jaggard, manager of bullion and rare coins dealer Jaggards, said business had picked up strongly and he expected it to increase further.

“All around the world there has been a heavy run on physical gold and there is a shortage of supply,” he said.

Mr Jaggard, who has been dealing in gold for 40 years and is an agent for the Perth Mint, said some clients were buying up to $1million worth of gold, paying a premium above the spot price.

Late yesterday afternoon, spot gold in Sydney was trading at $US747.30 an ounce, up $US8.15 on Thursday’s local close.

“Professional business people who have previously bought small amounts now want more gold because they are suffering in other markets,” Mr Jaggard said.

At a conference this week in Munich, delegates were lined up 30-deep to purchase physical gold. And reports out of the Middle East suggested that there had been unprecedented gold buying in Saudi Arabia during the first half of November, with an estimated $US3.5 billion purchased in recent weeks.

The World Gold Council, releasing its global demand trends yesterday, said identifiable investment demand, which incorporates demand for gold through exchange-traded funds and bars and coins, was the biggest contributor to overall demand during the quarter. It was up to $US10.7 billion, double last year’s levels.

The figures showed retail investment demand rose 121 per cent to 232 tonnes in the third quarter, with strong bar and coin buying reported in Swiss, German and US markets.

The quarter also witnessed widespread reports of gold shortages among bullion dealers across the globe, as investors searched for a haven. Overall, quarter three saw Europe reach an all-time record 51 tonnes of bar and coin buying. France became a net investor in gold for the first time since the early 1980s.

World Gold Council chief executive James Burton said gold’s universal role as a store of value had shone through during the quarter, helping attract investors and consumers to all forms of gold ownership.

“The rise in demand for gold bars and coins has been impressive,” he said.

Demand in India, the largest market for gold, recovered during the third quarter, encouraged by lower gold prices, a good monsoon and the onset of the festive season. At 250 tonnes, total consumer demand was 31 per cent higher than the same period last year. In value terms, demand hit the record quarterly sum of $US5 billion.

READ MORE

What does Robert Kiyosaki, Anglo Far East Bullion Co., and Joseph Wealth Systems have in common?  They all agree about the perfect business strategy that addresses the franchise vehicle and a solution to the devaluing of the dollar.

Robert Kiyosaki addresses this perfect business:

You have seen the perfect business model, now add the perfect product . . . Gold! This customized product is based on a savings model not consumable.  Not only are you helping individuals save in pure swiss gold, but you are helping them prepare for the current economic storm.

Click HERE to discover how this gold product can benefit your future.

Disclaimer: We are not financial advisors and recommend you seeking financial assistance with any financial help. The opinions here do not necessarily represent the opinions or endorsement of Robert Kiyosaki, Joseph Wealth Systems, or Anglo Far East Bullion Co.

After reading, “The Wages of Destruction – The Making and Breaking of the Nazi Economy”, by Adam Tooze (2006), amazement sweeps my thoughts.  It is like looking into a mirror in time.  It is hard to tell whether it is a current newspaper article about today or history from 1932.  Hitler wanted to stay on a gold standard after the collapse of the Mark previously, but temptation and larger objectives became more important.  They chose to manipulate markets, bonds, trade and freeze debt repayment resulting in the following.

Tooze writes, “By 1932 many of the bastions of economic strength on which Stresemann (German Monetary Policy Makers) had counted so confidently had been shaken to their foundations. The Deutsche, Dresdner and Commerz banks had been saved from collapse only by state intervention.”

Does this sound familiar?  We continue . . .

“The engineering industry (Borsig and HANOMAG), brewing (Schultheiss-Patzenhofer) and insurance (Frankfurter Allgemeine Versicherungsgesellschaft, FAFAG) were hit by spectacular bankruptcies. AEG, once one of Germany’s major corporate champions, was ailing.”
“…the Reich came into possesion of what was potentially a controlling stake not only in banking but in heavy industry as well. And as the crisis was not limited to individual firms or sectors, it was systemic. The collapse of the gold standard and the disastrous proliferation of protectionism fractured the bedrock of economic liberalism.”
More to come next week as we journey back into another world of manipulated currencies by governments.