Silver Stock Report
by Jason Hommel, May 17, 2007

Major Frauds of the U.S. Monetary System.

  • 1. The dollar is a broken contract to repay with gold or silver.

  • 2. Unrestrained creation of money increases an already unpayable debt to the public.
  • 3. Banks don’t possess the fraudulent paper money they say is in your accounts.
  • 4. The FDIC is a lie; they don’t have the money to cover the accounts either.
  • 5. The central banks only possess half the gold they say they do, the rest is leased out.
  • 6. Bonds are a paper promise to pay more fraudulent paper promises.
  • 7. Inflation indexed bonds adjust by using a false rate much lower that the real rate.
  • 8. More futures contracts are sold, than silver or gold exists.
  • 9. Options are a bad gamble on leveraged futures, and most expire worthless.
  • 10. Position limits on longs attempt to control the market by limiting buyers’ purchases.
  • 11. COMEX silver delivery delays are market defaults.
  • 12. Bank hold times on checks defraud you of access to your money.
  • 13. Legal tender laws prevent people from using gold and silver as money.
  • 14. Taxes on gold and silver purchases are illegal since it is only one tender for another.
  • 15. Income tax was to be temporary from WWII; it’s fraudulent and unconstitutional.
  • 16. The social security system, medicaid, and medicare is a pyramid scheme and will collapse.