Hi! I'm cool. TQuw KAI's The End I'm William Cooper, and you're listening to the Hour of the Time. Well, you know, so many things are going on right now. I really, really have a lot of things that are on my mind, but I'm going to save them for Monday. There's one thing that you should be doing, though. You should all be faxing, writing, calling the White House. Because the bill just passed, limiting or eliminating the ability to do these late-term, what they call, partial live-birth abortions. Where they literally take a child that's almost ready for a natural childbirth, cut into the back of its head, after turning it around and pulling it three-quarters of the way out of the mother's body. They suck the brains out of the baby's head and claim that they're doing this to save the life of the mother. I've talked to many physicians over the last few days, and I have done everything possible that I can do to find any medical condition that would call for this type of an abortion to save a mother's life. And not one single medical expert can give me one single illness. It's just clear-cut murder. Bill Quentin's stance on abortion is that there should be no limitations. It should be granted at the will of the requester, and so there's a possibility he could veto this bill. Bill Quentin's stance on abortion is that there should be no limitations. Bill Quentin's stance on abortion is that there should be no limitations. Bill Quentin's stance on abortion is that there should be no limitations. Apply, and I think it's a good thing. The other thing is, it's a good thing. These murders will continue. That's exactly what it is. There's no other name for it. Ladies and gentlemen, there's no other excuse for it. Early term abortions where it's clearly done, or even late term abortions where it's really done, but this procedure is the most horrible, cruel, inhuman thing that I have ever heard of in my life. And if you've been listening to this broadcast for very long, you know how much I love children. So I'm going to please, and if I have to, I'll get down on my knees and beg you, sincerely, to do everything within your power to make sure that this bill is passed and signed into law by the President and stop this horrible murder of little children. I'll be back in just a few seconds. We're going to be talking with Frank Marzullo for the rest of this hour, our representative from Swiss America, Trading. Gee, but it's tough to be broke here. It's not a joke here. It's a curse. My luck is changing its luck From simply rotten to something white Who knows someday I will win too I'll begin to reach my prime Now though I see what our end is All I can spend is just my time I can't give you anything but love Maybe And that's the only thing I'll tell you Maybe In my world In my world I'll be sure to find Happiness And I guess All those things We've always lying for See, I'd like to see you Looking swell Maybe Time on gracious Will write Doesn't sound Maybe Till that lucky day You know darn well Maybe I can't give you anything but love I can't give you anything but love Heaven That's the only thing I'll tell you Heaven Dream a while Dream a while You should find You should find A little Mother Happening And I guess All those things That you know I'm fighting for See, I'd like to See Looking Strong Well Well Back But It's all Diamonds Like Woodwork Just Gonna Sell Baby Girl Till that lucky day You know darn well Baby Now I can't give you Anything but Deep Deep Deep Deep Deep Deep Deep Deep Deep Deep Deep Deep Deep Well, folks, that was Ethel Waters From the 1930s I can't give you anything to love You can hear some real old stuff tonight That I've dug out of my repertoire of music All in honor of Frank's first visit to the broadcast Welcome, Frank Well, thanks, Bill I'm glad to be aboard I've phoned in your program in the past On a few occasions I've been an avid listener for a long time Well, you know, you faxed me your bio And all of that kind of stuff And I was going to give you a big rousing introduction But, you know, the story is so interesting I would like for our listeners to hear it From your own lips How did you get into all of this And how did you get hooked into this broadcast And how did you get tied up with Swiss America Trading? Well, it pretty much started when I moved out to Arizona I'd grown up in Cleveland, Ohio Just, you know, your general labor type work In a very ugly city Where you learn a lot about life And usually the wrong side of the track kind of stuff It's a hard lesson But for the times that are coming I've got a very good one Came out to Arizona I had done a lot of mountain climbing Out in the west So I used my abilities And got attached to a search and rescue For the county of Coconino Which got me tied up with a lot of deputies And just as a fluke I ended up trying out for a position there And I got it I went to the academy Did very well Seconded my class Honored to death All kinds of accolades Went back to my department Started, you know, really hitting the streets Doing what I thought was a bang-up job And what turned out to be a bang-up job And I started running into things That I didn't like It was rather disturbing The trends that I saw The denials of certain things And I started learning some stuff About what is now referred to as The patriot community People that would be arrested And then all of a sudden They'd go to see the judge And they weren't around You'd talk to the sergeant Oh, you don't really know about that You're not going to deal with those kind of people Because one of the assignments I was looking to go for Was down in Sedona Where you really didn't have that But in the Flagstaff area There is to this day A very significant patriot group And quite a few sovereign citizens But they never really wanted to tell me What that was all about And as time progressed I, you know, I came into Some certain situations Where it's like No, this is not good You know, at 8.50 an hour I don't mind taking Certain calculated risks But to go out there And have your life risked For stupidity And for politics Was just untenable So I ended up Going down to The Phoenix area Getting involved with a family business That subsequently Had some fallings out With my brother and my father But then the whole Waco incident happened And I looked at that And it's like No This is wrong Something about this Is seriously wrong I have a friend In federal law enforcement I was able to get One of the early copies Of the affidavit And search warrant And just my You know, academy background And, you know The training that I've received That That Affidavit Did not even establish Reasonable suspicion Let alone probable cause So this got me Looking into some things And talking to some friends That got me Listening to your program And like you pointed out You know, and I'm The constant skeptic Check everything out So I spent a lot of time At the law library Checking it out With the whole pale horse In my hand Going through public law And matching things up Well, then Linda's March was announced And it's like Oh my goodness This is going to be fun I didn't have anything To worry about financially But my grandmother does So I went to her And I explained to her What's going on She says Grandma, you need gold And she says You're right Find out where I need to You know What I have to do So I did my checking In there too Made the phone calls Didn't just run The Swiss America On your recommendation But checked around And found out Yeah, you've done Your homework on that one too And did the deal With Swiss America For my grandmother And while I was there Asked for work And they were gracious Enough to give me A go at it Even though they didn't Need anybody And I've been there For a year and a half now And that's how You know In the Reader's Digest version How we got to Where we are today Well, I think it's a great story And I think it's a great testimony And I think it's a It's a great reflection Of the reality Of what I've learned Of the reality of Craig Smith And Swiss America trading And I think it's wonderful That you asked for the job And that he gave it to you Even though he didn't Need anybody And he usually doesn't Because it's Right But it was It was kind of like A lightning bolt Hitting out Because I'd call Gene To take care of things And it just Boom It's just that voice In my head Asking for work And here You know I've learned a lot there I've been able To establish This is the interesting Thing about Swiss America We have such a diversity Of individuals down there We've got Harvey With his 30 years Of stock experience We've got another Individual with many years Of precious metals Experience in the International community We've got such a Diverse group Not to mention The clients That come to us When you've got people From three letter Agencies Buying gold We get all kinds Of interesting taxes Every day And a lot of these Things find their way On certain bulletin boards Through me and others I get on Windows bulletin board And a lot of stuff That is worthwhile Gets up there We're able to do A lot of networking In Swiss America Putting the appropriate People together To help combat What's happening And make a difference So we're more than Just your precious Metals brokerage firm We're out there On the front lines With everybody Getting something done About what's happening That's right You know What I think Is really good Is that you started With him You've never done This before You were actually In the market Because you had Studied the situation And the economy As it stands And had decided That you have to do Something to protect Your family Exactly And in the process You got a job Exactly And what have you Learned over the Last year and a half I'm really curious About that Well I've learned Quite a bit From a political Standpoint I've also done A lot of reading A lot of the material That you recommend Scarlet and the Beast I just finished Holy Blood Holy Grail Primarily what I'm Looking to learn Is the historical Aspects And how Death factions Fight amongst themselves And what we can Anticipate to occur But what's more Important And what's interesting Is the personal Contacts we make Find out about The Betancourt family Of Latin America Which is in essence The Rothschild Of Latin America Right Okay I've never Heard that name Before So now Here's something Else to check out But the things That we've learned Is It's getting Extremely Close To erupting It will Indeed Manifest itself Through financial Chaos Through fiscal Calamity Now exactly What form That will take It has been That's open Because You know It's like a chess game Just because You've committed A piece To this Particular Spot on the Board Doesn't mean You can't Withdraw it And move It somewhere Else There's There's Several ways It can go Right now We were Discussing that At our Business meeting On Thursday I mean The reality Is that The debt Loads That this Nation Has In order To eradicate It They could Collapse The stock Market And that Would get Rid of a Good majority Of it The government Obligations And a Federal Reserve Obligations Or it Could be Through the New currency That's Coming out But what What bothers Some is We've got So many Things coming Together Coalescing At one Point Historically Any one Of them It could Be Or will Be a Very serious Problem And all In 1996 Exactly You know We've got The People look At the Dow And it's Like Oh the Stock market Is doing Well No The stock Market Is not Doing well The Dow Is not The stock Market The Dow Is 30 Companies You've Been led To believe That they Are a Measure Of the Stock Market But how Can 30 Companies Be representative Of some 12,000 Different stock Issues It's absolutely Impossible That's not the Case What you want To look at Are much Broader Things The advanced Decline Ratio The primary Trend Index All these Various Other things Yields We get Various Newsletters From a Professional Standpoint That analyze The market And you Analyze And it's Not very Good No It's It's Not Good At all And the Portion That the Public Is looking At They don't Understand That that Doesn't Represent The Small Investment Stock Holder That Represents Huge Multinational Corporate Investments Exactly The new World Order Company That's What Composes The Dow Jones Industrial Average Are those Big boys The blue Chips AT&T IBM Disney All of Those Type Companies Are what Are on The Dow All The With the Advanced Decline Ratio What that Means Is more Stocks Are going Down Or being Sold Versus Being Bought Well the General Trend For the Last Two Months Has been Downward In the Advanced Decline Ratio So More Money Is fleeing Other Stocks And Appears To be Going Into The Dow Component Stocks And With The Level That They're At They've Got Very Low Yield And What Is Referred To As The Divisor Is Also Very Low So When You Have A One Point Increase In The Dow Currently You Have Almost A Three Point Corresponding Increase In The Dow Industrial Average It's A Leveraging Effect So The Appearance The Brain Washing That People Have Received Is Must Be Fine And Conversely Well If Gold Is Flat Or If Gold Is Down Then Between The Two Of Everything Is Just Rosy Well Isn't That Exactly What Happened In 1929 The Stock Market Just Kept Going Up And Up And It Was So Rosy And Everybody Just Kept Going In Hawk To Invest More Money Because Nobody Could Lose And The Money Was Just Pour Out Of The Sky After The Beginning Of The Year When The Post Holiday Layoffs Begin And The Mergers Actually Take Place That Is Going To Be The Number One Problem You Can Have Rampant Defaults And Large Personal Bankruptcies This Is A Time Bomb People Aren't Thinking They're Not Thinking Rationally At All The Listeners To Your Program And The Others Are In What We're Talking About They're Thinking Most Of Them They Can't See Anything And They Are Going To Get Burned And Burned Badly In Our Last Issue Of Veritas We Referred To That As Taking The Position Of The Nominant Culture Yeah That's A very Good Way To Put It Fortunately There Are Too Many People But Again If We Look At The Analyze The Situation Politically And Not Just Politically But From The Historical Perspective That You've The Federal Reserve We Can See The Debt Situation Cannot Go On They Have Reached A Point Where They Can't Afford To Repay The Interest Let Alone Even Start Working On The Principle That's Correct It's Impossible So It's Got To Be Eradicated Some Will The Federal Reserve Ever Go Away Not As Long As This Current Government Exists What Makes It Even More Impossible To To Reconcile In Your Mind Once You Understand How It Works Is The Fact That The Money Doesn't Exist Oh Exactly It's Not There It's Created By Making Bookkeeping Entries And Pumping Paper Out Of A Printing Press But People Have Been So Brainwashed That They Accept It As Value Yes And They're Looking At This Debt As Representing Value What The Debt Represents Really Is The Stolen Wealth Of The Labor Of The People Because Nothing Of Real Value Has Been Exchanged Exactly Nothing Has Been Purchased With Lawful Money Right Without Its Purchase And Lawful Money You Do Not Have The Protection Of The Constitution You Can't Go Into A Court And Say They Stole This Right And As A Result Of That It's Even More Disconcerting Once You Understand How This Process Works To Understand With A Bookkeeping Entry But Instead Of Doing It That Way They're Going To Cause Untold Countless Millions Of People To Be Ruined And Live In Misery For I Don't Know How Many Years Once This Breakdown Occurs Well It's Going To See Which Direction They Decide To Pursue Because One Of The Other Things That People Don't Think About Is How They've Tied Them To The System How They Said I've Got A Social Security Number And They've Admitted To The Government Basically That I'm Not Going To Plan For My Future I'm Going To Let You Plan It For Me So You Got To Live By Their Rules In The Meantime In The Social Security Act I Believe It's In Section 1104 It Basically Establishes Preemptory Rights Over Persons That Corporate Entity Those That Accept Social Security Numbers And That Section Also Makes The Franchisee That Person That Has Taken A Social Security Number Liable For The Corporations Debt So The Government Goes Out And They Pull In They Create This Debt Problem And Currently You'll Read In USA Today Or Wherever They're Telling You Like You Point Out Bill It's Not A Conspiracy It's In The Open They're Telling You The People's Pockets People's Pockets People's Property In Fact The Entire Resources Which Includes Human Resources Since 1933 Excuse me 1935 Of The United States Of America Which Means Everything Which Means Literally The People Will Be Indentured In Enslavement Or What They Used To Call Indentured Servitude Until It's Paid But The Way That It Has Been Brought About It Can Never Be Repaid And So The Whole Purpose Of This Thing Is To Get People To Accept The System Of Cashless Debt Where They'll Be Chained To A Computer For The Rest Of Their Life And If They Get Out Of Line It's All Over For Them Which Is Just About The Worst Kind Of Politics Absolutely And They'll Say Oh If It Wasn't For The Fact That We Had This Constitution Chaining Out Doing This And Doing That If We Only Had This New States Constitution Which Is In Your Book Which You Don't Have Any Rights You You Have Privileges And It's All Part Of That Hegelian Process To Get People That Are Too Ignorant To Read To Accept Whatever The Media Tells Well Let's Give Some People Out There Something To Think About For A Couple Of Minutes You Can Take A Deep Breath For I Think This Will Run About Three Minutes Get Yourself A Drink Of Water And We'll Be Right Back Folks There Your Nose Is In The Air I Have We'll Have Our White Patterns Fifteen Dollars Spending Every Dime For A Wonderful Time If You're Blue You Don't All Where To Go To Why Don't Go Then I Don't Just Put On The Ring To Angle Down On The Lefty And I Round Down The On This Day Put On The Ring To Last And Every Little Bell Low Every Thursday Evening Weather 12 Bow On The Elbow Come With Me And We Look And And Shoot The Three And We And A Last Blue Middle Pull Long The Red Boys Looking At Me And On That Bridge You Look At I Can If You're Blue And You Don't Know Where To Go To Why Don't You Go Where To You Put On The Rich Stangle Gone Up On The High Brown Come Down The Levee On The Middle Put On That That Where Each And Every Lulub Go Every Thursday Evening With A Swell Go Come With Me And We Attend Their Jubilee And See The Last Ditch Put On The Well Folks You'll Never Guess Who That Was And Since You'll Never Guess I'm Going To Tell You That Was Fred Astaire That Was One Of His First Big Hits So Many Years Ago That I'm Not Even To Tell You Because If You're One Of The People Out There That Can Remember When They Came Out It's Going To Make You Feel Bad So I'm Not Going To Say It Putting On The Ritz Was The Name Of It Frank Welcome Back Oh V And Glad to Be Back Yeah I Did Need That During The Water Fractional Reserve Banking You Know For Every Dollar People Out There Put In The Bank The Bank Owns Out They Loan Nine They Create Not Only Do You Have The Fed Creating Money But Then You Have The Entire System Creating Money This Is One Of The Problems That Causes We Had A Client Today Had A Serious Problem Trying To Get Money Out Of Her Bank Fifty Thousand Dollars She Wanted To Convert Into Precious Metal The Bank Would Only Release Ten Of It And That Ten Is Going To Be Reported Well Here's The Situation They Told Her She Has To Wait 30 Days To Get The Other 40 It's Her Money It's In A Checking Account It's Not Even In Lock Up In A CD Or Anything Like That Yeah But You Frank I Brought To The Attention Of The Listeners Years Ago That The Fact Is They Gotten So Many People To Use Credit Cards And Checks That The Banks Don't Have That Much Money On Hand Oh I Know That When I Was In The Business I Was In Was Vending When Vending You Get A Lot Of Coin And You Get A Lot Of Federal Reserve Notes I Would On Average Take To The Bank Roughly Ten In Currency A Day It Was To The Point Where The Bank Was Calling Me Wanting To Know When I Was Going To Make A Deposit So They Could Get Some Currency They Need It I Didn't Think At The Time I Didn't Think Anything Of It I Didn't Know Who You Were I Didn't Know I Watched George Bush Say New World Order Didn't Mean Now It All Makes Sense Now I See What's Been Going On And See How It All Dovetails And I Haven't Liked What I Seen For A Long Time Now The Truth Is That When You Look At The M1 How Much Money There Is Actually Supposed To Be In Circulation When You Look At That Figure The Majority Of That Figure Is Not In Bills It's Not In Coin It's What They Call Electronic Transfers It's Created Electronically It's Checks It's Credit Card Money It's That Kind Of Thing If Everybody Went To The Bank And Tried To Draw Out Enough Money On Deposit Supposedly Tried To Draw Out Enough Money To Pay Off Their Debts The Entire System Would Collapse At That Instant Because The Banks Would Have To Say We Don't Have The Money To Give You I Believe It's Only 3% I Think It's 3% All When At One Time That Would Do It Yeah But You See In A Real Healthy Economy Economy That Was Based Upon Real Worth And Using Real Money That Money Would Have To Exist You See Have You Read What They're Doing In Ithaca New York No They're Making Their Own Notes Oh That's Where They're Doing The Barter Yeah Perfectly Legal There's Not A Thing That The Federal Reserve Can Do About It And People Would Look Into This And Start Doing Things In Their Own Communities And With Each Other Pulling What They Think Is Money Out Of The System Converting It Into Real Money They Would Be So Far Ahead Not Only For Themselves But For All Of Us For Every Dollar They Take Out That's Nine They Take Away From The Federal Reserve That's Right And If It's Based On Something That Has A Real Value Like A Person's Work Exactly Like A Person's Product Or Farmer's Produce Then You Have A System That Doesn't Inflate Constantly It's Not Always Taking Away From You Like A Paper Money System Will And Does And Always Has And Can Only Do Well I Mean What Is Paper Money We Carry It's A Note It's A Promissory Note Well Be Careful Now They Say It's A Note But It's Not Really A Note I'm Done Getting That Security By Definition There You Go Because It Has A Promissory Absolutely Nothing That's Right It's A Contract It's Got Offer Acceptance Consideration But It's An Invalid Contract For A Contract To Be Valid It Has To Have Not Only Proper Spelling Titles But Punctuation Pull out A Federal Reserve Note Look at The Offer On The Left Of The Portrait There There There There There There Is A Period There Is A Period After The Title That Individual Statement Of Fact Look In The Top Left This Note Is Legal Tender All That's Public And Private No Period It's Not A Legally Binding Statement Under Contract Law Okay There's So Many Things That If People Would Read And Not Worry Well OJ They Can't Worry About OJ Anymore But We've Got The Super Bowl Coming Up And Other Things That People Look At They Don't Bother To Learn The Truth They're Just Going To Get To The Side Well Americans Have I Believe That Americans Have Been So Used To Plenty For So Long That They'll Never Believe Until It Actually Happens That Anything Can Possibly Go Wrong Well Unfortunately Bill I Have To Agree With You I Talk To A Lot Of People That Way Every Day And It's Sad Because There Are People That Know Better But They Can't Get Through That Cognitive Dissonance And It's Tough For Us With America What Two Or Three Phone Calls To Wade Through 30 Years Of Indoctrination In Some Instances 60 Years Of Indoctrination Sure People That Lived You Know And Federal Reserve Notes Are Real Money Should Know Better Because They Lived It They Were In The Bread Line Yeah It Amazes Me That Anybody That Lives Through The Depression Would Trust Stocks I Just Don't Understand Sometimes It Just Gets Rather Flabbergasting Let's Look At What's Going On With This Congressional Budget Battle The Fallacy Of That This Game That We're Being Presented With They Faulting November 15th On Treasury Devices They Were Owing 62 Billion In Interest Payments On Treasures That Were Due From As Far Back As Jimmy Carter They The Government Wasn't In Operation They Still Don't Have The Borrowing Power They Only Passed The Temporary Spending Bill To Keep Government In Operation They Paid Those Treasuries By Taking The Money From Federal Pensions I Was Watching CNBC On Wednesday And That Neil Cabuto Guy Congressman Nick Smith Of Michigan He Says That The Secretary of Treasury Rubin May Have Acted Illegally In Doing That Well From What I Understand And Especially With The Laws That Have Been Passed In The Last Several Years You Can't Touch Pension Funds For Any Reason Except To Pay The Pensioner When The Money Is Due Are To Invest It Properly In Order To Ensure That The Fund Will Grow In Order To Be To Cover The Demand When The Pensions Come Due Unfortunately You Can't Take Anything Into Court Unless You Can Prove You Have Damage Which Means It Has To Be Some Federal Pensioner That Can Prove That They're Going To Suffer Damage Because These Funds Were Taken Out The Government Will Just Say We're Going To Put It Back So There's No Damage And They'll Kick It Right Out So What Will Happen More Than Likely But The Reality Is Ruben And There's Been Some Legislation Proposed I've Tried To Check Status On It But With All These Things Going On They Haven't Gotten Back To Me That Once They Run If This Situation Develops Again On The 29th And It's Starting To Look Like There's A High Probability Of That Of Another Government Shutdown And Another Series Of Potential Default Once They Run On Federal Pension Money They're Going After Private Pension Money There Was Legislation Introduced To Exactly Allow That To Allow The Secretary Of The Treasury To Manage The Cash Position Of The United States As He Saw Fit Now It All Goes Down To Status At Law When People Take A Social Security Number They've Changed Their Status At Law When You Derive A Benefit From The Government You Changed Your Status The Same Applies With Your Retirement Money Yes There's Laws In Place But The Fine Part Of That Contract Is Well It's Tax Deferred You've Waived Certain Rights To It We're The Government We Need It We're Going To Take It And Use It We'll Give You This IOU We'll Worry About It Down The Road That's The Fact People Aren't Thinking They're Not Looking To What's Been Done In The Past And They Just Think Oh I'll Just Go Ahead And Trust The Government I Just It Absolutely Amazes Me People Will Every Time I Hear Somebody Say Trust The Government Even If I Know They're Saying It In The Context That You Are It Just Cracks Me Up I Know And What's Amazing Is People Will Look At Wage And They Will Get Incense They They Will That's A Shame Absolutely They Used To Tell Me I Was Building A Dream And So I Followed Them On When There Was Earth To Plow Or Guns To Bear I Was Always There Right On Her Job They Used To Tell Me I Was Building A Dream With Peace And Glory Ahead Why Should I Be Standing In Life Just Waiting For Breath Once I Built A Railroad I Made It Run Made Race Against Time Once I Built A Railroad Now It's Done Brothers And Paradise Once I Built A Tower Up To This Sun Brick And Riveting Lire Once I Built A Tower Now It's Done Brother Can You Spare A Don Once In Packy Soos Jeevy Looks Swell Full Of That Yankee Doodle Dump Half A Million Boots Went Plugging Through Hell And I Was The Kid With A Drone Say Don't You Remember They Called Me Al It Was Al All The Time Why Don't You Remember I'm Your Pal Say Buddy Can You Spare A Dime Once In Package Two Ah Gee We Look Swell Full Of That Yankee Doodle Dump Half A Million Bull Went Flogging Through Hell And I Was The Kid With A Drum Say Don't You Remember They Called Me Al It Was Al All The Time Say Don't You Remember I'm Your Pal Buddy Can You Spare A Dime Well That Was Bing Crosby From The Great Depression Folks And Brother Can You Spare A Dime Was A Big Hit Then Because A Lot Of People Needed A Dime And A Dime Back Then Was A Lot Of Money You Have No Conception Of How Wealthy People Were In This Country In The Twenties You Watch These Old Movies And You Get The Feeling That People Were Poor Nobody Was Poor In This Country In The Twenties Everybody Had Plenty Of Everything It Was Incredible The Whole World Was Beating Down There A Path To Get To This This Country To Try To Better Themselves Because This Was Where It Was At You Would Be Amazed What You Could Buy A Dime With In 1929 Or Buy With A Dime In 1929 You Would Be Amazed What A Dollar Would Buy You In 1929 And You Think Your Money Is Safe Since 1929 To Today Your Money Has Lost So Much Of Its Value And It's Done It In Such A Gradual Creeping Way In Fact I'll Tell You Right Now My Father In The 1950s Early 60s Supported A Family Of Five On $10,000 A Year And We Lived Well We Were Considered To Be At Least Medium Middle Class Or Lower Upper Middle Class Family Now What Does It Take I'll Tell You Right Now Today $25,000 Is Nothing Nothing Whatsoever What do You Think About This Frank Well You're Right It's It's Extremely Difficult Especially In The City Of Phoenix To Make Ends Meet With Family On $25,000 If You're Single It's Still Tough To Get Anything Accomplished It's Something Like We Pointed Out Like I Pointed Out Earlier All These Things Coal At One Point In History They Had To Wipe Out The Wealth Of The Americans In The 20s They Had To Make Them Suffer So They Would Accept Sweeping Changes That FDR Gave In Particular Socialist Changes Exactly Now What I Find Very Disturbing Was Just Before November 15th I Was Watching A To Stick To Their Guns On This Budget And They Were Going To Enact Sweeping Changes On The Order To The Magnitude Of What Occurred Under FDR In 33 Now For Those That Understand Those Socialist Changes How We Returned Into Pop And All These Other Things That Should Make You Very Very Nervous That They Are Going To Be Out There Admitting That The Other Thing That Newt Newsprint And The Various Other Media Is Default Is Debt Eradication Through Bankruptcy Now What Most Americans Don't Understand Is Since 1933 The Declaration Of Bankruptcy This Government Has Been Operating Under Chapter 11 Reorganization Rules Constantly It Has Never Emerged From Chapter 11 Yes And The Body Overseeing This Reorganization Is The International Monetary Fund With The Governor Being The Treasurer Of The United States Or The Secretary Of The Treasury Of The United States Was Paid By The International Monetary Fund Exactly So If You Have Debt Eradication Through Bankruptcy Like The Governor Of Arizona Is Attempting To Wipe Out $14 Million In Debt With $65,000 In Assets What Does That Mean That That Is A Chapter 7 Liquidation Now If They They're Talking about Debt Eradication Through Bankruptcy Rules That Means They're Discussing Seriously Eliminating That Debt Through Chapter 7 Through Liquidating What Are They Going Liquidate Whose Assets The Parts Now That's Where They Finalize The Transfer Of The Property Of The Citizens And The Nation Into The Hands Of The The The Holders Of The Debt And If You Can't Come Up With Your Portion Of The Debt You Give Up Your Property That's Right And Then They Turn Around And Rent It To You Exactly If You Haven't Paid Fortin Lawful Money You Don't Own It You You Think You Bought That Vehicle Because You Basically Eliminated Your Debt Obligation No Did You Buy It With Lawful Money And Have A Bill Of Bail Proving That No Then You Don't Own It People Don't Know The Law They Don't Understand They Don't Want To Learn Again When We Talk To Them About Money They Get Immediately Defensive And I Don't Blame Them To A Degree We All Work Very Hard And Things Are Extremely Difficult To Come By But We're There Trying To Help People And Trying To Get Them Prepared For What's Coming And All They Want To Do Is Look At The DOW And Think The Stock Market Is The Place To Be It's Just It's Totally Backwards Line Of Thought Yeah By the Way Before We Go Any Further I Want To Tell Everybody Because I Know People Are Going To Ask Gene Miller Has Left Swiss America Trading He Was Not Fired He Left On Good Terms He Saw An Opportunity For Himself And He Took It And I Just Want To Take This Time Because Frank Is Going To Be Taking Gene's Place And I Think This Is The Time To Do It I Want To Thank Gene Miller For All The Time That He Spent With Us On This Broadcast And For All The Help That He Has Given All Of You Out There Who Have Dealt With Gene And I Know That Frank Is Going To Be Just As Good And Is Going To Be With Us Every Week Every Thursday Night In Fact He Would Have Been Here Last Night Except For The Special Anniversary Of The Bombing Of Pearl Harbor And Will Give You The Same Wonderful Attention And The Same Help And The Same Commitment Of Time And Energy That Gene Did And Maybe More So I Just Wanted To Make That Statement So That Everybody Will Know What's Occurring Here Gene Has Moved Off To Do His Own Thing Which Is What America Is All About Realizing The Great Dreams Exactly And Gene's A Gene's A Fine Man Like He's The One Who Took Care Of Me Initially He'll Do Well And We Wish Him The Best All Of Of Swiss America How do You spell Your last Name Frank For Our Listeners Out There M A R Z As In Zebra U L L O I'm The Only Frank There So That One Is Kind Easy Spell It One More Time You Always Have To Do Things Like That Twice On Radio Exactly M A R Z U L L O Craig Wanted Me To Discuss An Offer That We've Got This Is Because Of Who We Are Because Of Craig's Commitment In What We Do You Before You Do That Why Don't You Before You Do That Frank Before You Do That Why Don't You Give Us A Report On Where Is The Market Right Now Where Is The Market The Market This Week Is Starting To Do Starting To Take Off We Started The Week Off With Gold At 385 The Dow At 50 87 Silver At 516 Throughout The Week We Saw Some Very Serious Swings In Both The Dow And In Gold Movement Silver Takes Minor Swings Silver Is Primarily Become Industrial In Nature And It Doesn't End The Same With Platinum We Don't Really Pay Attention To The Movements There Because That Is Going With People That Are Covering Their Shorts Or Whatever For Automotive Industry And The Microelectronics Industry The Dow Are Screens Are Screens Are Updated So We See This $5 Move In Gold And We'll See It Ended Up Closing On The Week At $3.89.90 It Actually Broke Above $3.90 Today Which If You've Been Following The Gold Market At All You Understand That That's A Pretty Significant Move Because It's Been Flat For A Long Time But We Do Know It's Been Manipulated There Was An Article In One Of The More Conservative Periodicals The Country Of Brazil Has Been Manipulating The Gold Market Excessively It Has Some Decent Size Underground Reserves That Is Constantly Mining It Also Has Selling Gold Short Under The Market Basically Betting That It's Going To Be Down So If Gold Rises In Value It Will Dump Some Of Market Realizing A Better Price For Its Gold And Then Pushing The Market Down And Making Money On Their Short Selling So It's Been A Lot Of Gains Going On On The Monday's Wall Street Journal There Was An Interesting Article What's Referred to As The Lease Rate For Gold For Those Individuals That Made A Bad Call And Need To Borrow Gold For Delivery They Can Borrow It From Various Entities And They Have To Pay An Interest Rate On It Just Like You Would Borrow In Anything Else Because The Gold Amount Is Constricting The Availability Of Gold Is Constricting So These Lease Rates Are Going They Hit Historic Highs And The Annual Mine Output Continues To Fall Well Below Demand We're Seeing Significant Supply Tightness Now We Do Know That The Feds Will Dump Gold We Do Know That There Is Other Nations Have Dumped Gold But They Still Need To Maintain A Reserve Not That They're Backing Anything With Gold But It Covers Their But Yeah Not Only That But I Predicted For A Long Time That When The Market Finally Falls And I Mean Falls As The Price Of Gold Begins To Rise To Scary Heights And People Start To Get Panicky They'll Dump Everything That They Have On The Market To Cause The Price Of Gold To Go Down To Literally Nothing And Then They'll Buy It All Back At That Price As Everybody Panics And Tries To Save Some Of Their Money And Those Who Save Their Gold And Silver At That Point And Don't Panic And Manage To Keep It You're Going To Be The Kings Of The Market I Can Assure You What People Need To Realize Is Not To Wait For That Occurrence Because They Need To Have It Now Absolutely Yes They Don't Have It Now They're Not Going To Be A Afford To Buy It When It May Be Low Relatively Speaking But In The Meant Time The Dollars That They Have Now Won't Buy Anything They'll Have Used Them All Up Just To Lots That It's Going To Disappear Very Quickly There Won't Be Time For Little People To Get In On That And Buy Anything Our Person That Now Works This With America That's Been Involved In International Markets The Nations There's Three Arab Nations That Have Placed Significant Buy Orders For Gold Unlimited Whatever And As Much As Can Be Delivered There's Tons They Want To Take Tons On Delivery As Soon As Possible There's Something Else That's Really Scary It's Scary To Me Because I Know What's Going On Other People May Look At It As A Big Boom But When You See That Just In The Last Year The Stock Market Has Increased By Over 1100 Points And It Just Went Over 5000 And It's Already 20% Towards 6000 It's Over 5200 Now That's Scary It's A Balloon It's A Balloon And It's Last Stage How High Will It Go We Don't Know And As I Pointed Out Earlier There Is A Leveraging Effect There But The Reality Is Again It's A Few Dollars Being Swapped Around And It's A Lot Of Exposure Yeah And People And It's All Artificial The Rate Is Going As Much As It's Gained Already And It Just Going And It's All Artificial Which Means It's Got The Bus It's A Balloon That's Going To Pop And When It Comes Down People Are Going To Get Hurt Why don't You Talk About What Craig Wanted You To Talk About And Then We'll Tell People How They Can Get In Touch With You Because We're Coming Up To The Hour He's Craig Come Across Again Because Who He is And The Respect That He Has In This Area He's Come Across A Very Significant Series Of Coins The Year 1909 It's A Very Tough Coin For Those People That Are Looking For Quality That Are Looking To Have Something That's Going To Grow For Them Significantly Above And Beyond Just Your Average Gold This Is The Type Of Thing For Them Because Craig Was Able To Obtain These He's Also Now In The Car Industry What's Referred To As Back Of Book What Is A Recommended Market On These We Are Well Under The Recommended Market And I Would Encourage People If They've Been Talking To Anyone In Swiss America To Call And Find Out The Details On This 1909 Offering Because They Are Significant What Kind Of What Coin Is It It Is A St. Garden Series Date 1909 It's A Very Low Minted Year It's A Tough Year To Come By In The Grade 63 It Normally Suggested The Average Market Is 5,000 A Piece We're Able To Offer It At 3,000 We're Back Of Book $2,000 That's What The Kind Of Buying Power And The Kind Of Well The Just The Power Not Power That's The Wrong Word I'm Kind Of Lost Words Right It's Just The Respect That Craig Is Afforded That When These Kind Of Values Come Across They're Offered To Craig And He Is Able To Pass Them On To Our Clients Well That's That's Wonderful Yes It is It's It Really Is One Heck Of A It's A Great Coin Matter Of Fact How Many Of These Does He Have Do You Have I Don't Know There's There's Not Very Many Because It Is A Tough Date And They Are Going Fast Matter Of Fact I Sold Three Of Them This Week Hope To Sell Four And I Don't Know How Many More Left They They're They're Great Coin For Somebody Who Recognizes The Value Who Recognizes That The United Nations I'm Sorry Yeah The The Land That The United Nations Was Built On Rockefeller Center Was Financed During The Depression With The Rockefeller Rare Coins Collection Yeah That's True And All Those Resorts In The Hamptons Of New Jersey That Is True With Rare Coins Yeah That The House Of Rothschild Started As A Rare Coin Shop To The Kings And Queens Of Europe That's The Importance That The Wealthy Plays On This Product That's Why We Place The Importance As Well And Folks Just Remember Governments Pay Their Debs In Gold Always Have Always Will Because They Know They Know What Real Money Is And They Know What Real Money Is Not While How Do Our Listeners Get In Touch With You As If They Didn't Already Know But Do The 1-800 Buy Coin But If You Hate Trying To Figure Out Those Numbers It's 800 289 2646 And Just Ask For Your Representative If You've Never Spoken To Anyone There They'll Make Sure You Get Taken Care Of And Get Some Information Find Out More About These 09 And In The Swiss Your Listeners Take Advantage Of It And If You Don't Feel That You Can Put That Much Money Into Anything Call Frank Or Anybody Else And Talk To Them About What You Can Afford And How You Want To Do It If You Want To Do A Little Bit Of Money Each Month Or Whatever You Want To Do They'll Work With You They'll Help You And Make Sure That You Can I Keep A Little Bit Just For Your Day To Day Affairs But That's How Close I Think It Is Yeah I Think It's Really Close To Well Frank I Want To Thank You For Being Our Guest Tonight And For All The Wonderful Information That You've Imparted To Our Listeners And We Welcome You To The Hour Of The Time Team You'll Be Here Every Thursday Night Folks So Pay Attention He'll Be Here Every Thursday Night For About 10 Minutes To Let You Know What The Market Is And What's Going On At Swiss America Trading And About The Latest News Thank You Frank Thank You Bill You Have A Great Evening You Too Good Night Folks And God Bless You All God Police Joe Thatants him What What How Thank you. Thank you. Oh, no, they can't take that away from me. The way your smile just seems. The way you sing of kings. The way you haunt my dreams. No, no, they can't take that away from me. We may never, never meet again on a bumpy road. No, no, they can't take that away from me. Thank you.