Questions For Bob
Hello Mr. Livingston,
We’ve been reading your newsletter for quite some time now. I have a question. What do I do with $150,000 dollars in the bank? I believe everything you are saying is about to happen and we are worried about losing our hard earned retirement savings. Please advise.
Thank you and God Bless,
Should I be taking my gold out of my retirement account? You mentioned confiscation of IRAs and 401K accounts which traditionally hold fiat currency, but I still have an IRA with some of my gold in Sterling Trust.
I’m getting a little nervous about it being there but I have not taken it because of the taxes I would incur. I have also wanted to wait until the price of gold dropped a little more. Sometimes it feels as though I’m playing financial Russian roulette. I’d appreciate some input.
I just read The Insidious, Hidden Nature Of Theft By Government, which was excellent as usual. However, I question the ending conclusion, “Preserve your labor, your savings and retirement with gold and silver…” Every author of similar articles seems to conclude the same thing. And, I would agree if we were free to own it. Today we are, but what about tomorrow? No author ever mentions that in 1933 the “hoarding” of gold and silver became illegal, per Executive Order 6102. Hoarding at the time meant that it was illegal to own any amount of gold over a mere value of $100 (a face value equivalent to 5 troy ounces (160 g) of Gold valued at about $7800 as of 2011). This information is at http://en.wikipedia.org/wiki/Executive_Order_6102.
I can’t imagine that you are not aware of this, so why are you not pointing this out to your readers. After everyone “preserves” their wealth by buying gold, I believe it’s going to be taken away. People are being led to slaughter.
I welcome a rebuttal that makes good sense. More importantly, if this can happen again, please warn your readers.
Thank you for your consideration,
I am a 71 year old male and a subscriber to your newsletter. Thanks for all of your great info, much appreciated.
A couple months ago you mentioned in one of your monthly newsletters that you were suffering from snoring and sleep apnea.
I too went through the same remedies that you are using. I shifted my diet early this year (“Eat to Live” by Joel Furhman) and as a consequence stopped eating wheat products. Voila! No more snoring or apnea. Period. My girlfriend loves it!
I suggest that you stop wheat products for a month and see what happens. I would also check out other areas where wheat (gluten) lurks. Celiac disease sites are a good start.
Dropping wheat (gluten) does not work for everyone re snoring and apnea.
Google ‘snoring and gluten’ intolerance and you will find many articles.
I wish that someone, including my doctors, had turned me on to this possibility.
Best of luck.
What do you recommend as a sugar substitute?
Is wealth and ownership of paper money the same thing?
I have been reading and listening to many ultra-conservative writers and speakers over the last year. Only one reports things that I usually don’t hear from others and that’s Alex Jones. Do you support his views? Thanks for your opinion.
You say to take possession of your stock certificates. When I tried to do this they wanted to charge me $500 for each certificate. Is there a way around this fee?
You recommend gold and silver but they have crashed. I have lost thousands of dollars.
A: I admit I did not anticipate the crash. Actually, it was not a crash but a slam by the big commercial banks, led by JPMorgan. This slam damaged the precious metals market. Not permanently, but for maybe about two months. This is an act of desperation by the government in cahoots with the big banks. But remember, the U.S. and the world are awash in fiat dollars. Printing money is nothing but the constant devaluation and depreciation of those paper dollars. We have this last opportunity to cash in on these suppressed prices of gold and silver. And you have not lost anything unless you sell your metals at depressed prices. JPMorgan has gone from record shorts to record longs. This means they expect this temporary suppression to give way to the most explosive advances imaginable.
Thinking of cashing annuity for deposit in Canada credit union or bank or buying gold coins. Your thoughts and are there an problems moving money to Canada?