QE to infinity here and in Euroland is as sure as death and taxes. Denials are also as sure as death and taxes before it occurs.
There is no other possibility. Who could be so stupid as to think it would be announced today?
– Jim Sinclair (jsmineset.com)
Are you angry because gold was smacked down today? Don’t be. Read Sinclair’s quote, above and just chill out. By the end of the month, gold will reflect a different (QE3) reality.
If you are interested in WHY gold was trashed today, be sure and read Bill Holter’s comments. Bill is a very bright and insightful guy! His comments are always at or near the top of the articles I present to you in this daily. Today is no exception!
My parents were part of The Greatest Generation. We owe their generation so much. They overcame the Great Depression and then, went on to defeat Germany and Japan in the last war this country actually won. They built the biggest and baddest economy on the globe and America became the place everyone wanted to move to.
I was only three or four years old, but I still remember going onto the porch of our second floor duplex, in 1944/45 and listened for the sounds of the war. I even remember the black outs. These are my earliest memories.
As a kid, I played with war toys – and Dick Tracy toys too. Every young boy did. I even had a cardboard periscope – and a bunch of war souvenirs I rescued from my uncle’s garage – his son, my second cousin, was a bombardier over Italy and brought back his leather helmet, some medals and other assorted goodies. These were treasures to a young boy.
By the late 60s, I had acquired what was at the time, one of the finest collections of German Lugers, Walthers, Mausers and Japanese Nambus in the U.S.
Below are three special edition “WW1/2 presentation Colt 45s” that adorn the wall on my home office, (along with 21 original oil paintings of WW2) that I will pass on to Andy’s son, the last of the Schectman males.
My mother was the piano player in an all-girl band and traveled around the country during the war years. Edith was way, way ahead of her time. Yeh, my gene pool is populated with my mother’s “free spirit” genes.
My father, I was told, was killed in the war and since my mother made her living working in an all-girl traveling band, and was a single woman, she could not care for me and continue to work at the same time. I was put up for adoption. My knowledge of this tended to intensify my interest in the WW2 period.
I was a history major in college and specialized in WW2, and concentrated on the European Theatre. I am tied at the hip to the 1940s and have devoted a lot of time and money toward my sizeable collection of WW2 aviation art. The paintings bring to life the history of the period. They are really amazing. Every day I spend hours in my office, surrounded by this art and that’s where I do my reading and writing. It is an inspirational setting.
Did you know that Wednesday was the 68th anniversary of The Longest Day, D-Day landing at Normandy Beach? Below is a beautiful painting of the D-Day landing by Robert Taylor. On the first day of the Invasion of Normandy 195,700 Allied naval and merchant navy personnel in over 5000 ships were involved. … The landings took place along a 50-mile (80 km) stretch of the Normandy coast.
Many of today’s younger generation know about D-Day, having seen the HBO mini-series, Band of Brothers, produced by Steven Spielberg and Tom Hanks. I have several original paintings from the period, signed by Dick Winters, and up to a dozen other members of Easy Company. (Both Hanks and Spielberg collect the same paintings that I do.)
I have original oil paintings and signed limited-edition prints by John Shaw and Matt Hall. Some depict the boys from Easy Company on their way through France on the way toward Germany. The painting, above is of The Eagles Nest, Hitler’s mountain retreat at Obersalzberg in Berchtesgaden. It is one of John Shaw’s most desirable paintings. Note Hitler’s Mercedes, the very one used by Hitler in Berlin for parades. All of the people in the painting are the real members of Easy Company and the signatures include Wild Bill Guarnere and Babe Heffron. The names will mean something to you if you watch the HBO series.
The painting below, by Matt Hall (Spielberg’s DreamWorks and Lucas studios) is titled Breakout from Bastogne. They boys of the 101st Airborne (Easy Company) are depicted in the town of Foy on January 13th, 1945. That is exactly how it looked on that day and that is exactly how they (The Band of Brothers) really looked at the time too.
These were some of our countries proudest moments.
The next painting is by Nick Trudgeon. He was commissioned to paint a 50th Year Anniversary of D-Day painting to be used on a commerative stamp issued by the Guernsey Post Office in England. Below the painting is the first day of issue of the stamp.
D-Day 68th anniversary, ‘Band of Brothers’ honoured
By Ariane Janson · June 6, 2012
One of the numerous events marking the anniversary of D-Day was the unveiling of a large, bronze statue of Maj. Dick Winters, displayed in a Normandy village. Winters, of Pennsylvania, only agreed to using his likeness for the statue after the planners agreed to dedicate it to all the military officers who served that day. Tim Gray, the chairman of the World War II Foundation, stated that the statue, “is not a monument to one man, it’s a monument to many men and the leadership they showed on D-Day”.
Winters was one of the main characters in the HBO series ‘Band of Brothers’, which depicted the service of Easy Company, an elite company of paratroopers, throughout the second world war.
When Easy’s commander was killed in the jump behind enemy lines, Winters found himself the ranking officer and led an improvised attack on a fixed position that is still taught in military schools today. He led an attack on four German artillery guns, which presented a massive threat to the Allied invasion. Easy Company captured all four guns.
Winters died last year, at age 92; having fought Parkinson’s disease for many years. The statue, crafted in Boulder, Colorado, has been a 2 1/2 year process.
It has started to dawn on me that in the next 10 or 20 years, everyone I grew up with, and all of my heroes will be gone. All of the people on the paintings I collect are now either dead or in their 90s. It’s sad to say, but my generation, the Baby Boomers, are leaving behind a legacy that is nothing like the one left behind by the last generation. We were given a world full of hope, prosperity and freedom. Boy, did we screw it all up! It is looking more and more like the world we are passing on to our children and grandchildren will be one with considerably less opportunity and less freedom than we were handed, nearly 70 years ago, by the people in the pictures shown above.
Is there any doubt at all that our grandchildren, who are now graduating college or about to, will have less “opportunity” to enjoy the good life than we did when we got out of school? You can’t possibly read this publication and ones like it and not understand that fact. I do my best to insure my own family’s well being – and try and open some eyes out there through this daily publication and I try to help as many others as I can. I know for a fact that Ranting Andy Hoffman shares my views with a passion! That’s why he is such a perfect fit at Miles Franklin. All of us care – a lot, about our clients. We forge relationships, and many of our clients become our friends.
I can’t solve America’s problems but I can help people rise above them financially, by acquiring physical gold and silver. They will be highly valued assets in the years to come. I am doing my part to bequeath knowledge and wealth to the younger generation.
God only knows, today’s kids are completely unprepared for what is coming. Most of them have only known affluence and comfort. They don’t even talk anymore – they tweet and text. It’s all so damn impersonal! My wife Susan said, in the 90s, that the world had changed with the advent of voice mail and the fax machine. We now talk to computers, not people. If you were to take away the kid’s cell phone and iPad, their life would grind to a halt. They will not accept a downsized standard of living with grace. I suspect, if we’re LUCKY, the next decade will resemble the 1950s. If we’re lucky! Chances are, it could be more like the 1930s.
I wish my generation had done a better job so ownership of gold and silver was unnecessary for them (and us).
Let’s all take a moment and say thanks to the boys from Easy Company and the rest of the young men who put their life on the line for us. And don’t forget the veterans from Korea, Vietnam and the recent conflicts in Iraq and Afghanistan. God Bless them all!