(I began publishing my monthly newsletter The Bob Livingston Letter™ in 1969. The following is an excerpt from the May 2001 issue in which I advised readers to get out of the crashing Nasdaq market and put money in gold. The Nasdaq suffered three crashes over the next nine years, while gold has gained an incredible 434 percent. The Nasdaq is up only 52 percent from its May 2001 mark and is still down more than 34 percent from the dot-com bubble high.)

Gold and gold stocks are beginning to move up again. Gold has had so many false starts that nobody has any confidence in a gold bull market starting again. Gold has had a 21-year bear market after a 1980 blow off.

Gold in 1980 looked like the Nasdaq in 2000. Anytime there is a mania blow off, it will take many years for that segment of the market to come back. People who are looking for quick return of a bull market in the Nasdaq will be greatly disappointed. It could easily be 20 years. It is far better to take the losses and start building for the future.

In fact, the Nasdaq people should now switch to the gold market. If what we are seeing now is not the real thing, it won’t be long. Everybody who understands that the government confiscates wealth with paper money should always be accumulating gold.

You will not hear the Wall Street hype about gold as with the big stock markets. Gold will silently begin to rise, as now, without a word from the establishment media. The government and the controlled media is against gold because gold more than anything else exposes paper money for what it is.

Personal Liberty

Bob Livingston

founder of Personal Liberty Digest™, is an ultra-conservative American author and editor of The Bob Livingston Letter™, in circulation since 1969. Bob has devoted much of his life to research and the quest for truth on a variety of subjects. Bob specializes in health issues such as nutritional supplements and alternatives to drugs, as well as issues of privacy (both personal and financial), asset protection and the preservation of freedom.

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  • GALT

    Dear Bob;

    Just how stupid are we? ( or rather how stupid do we have to be, to make
    it possible for those “lucky few” to survive and prosper from the coming “ultimate

    ” If you nail two things together, that have never been nailed together before,
    some SCHMUCK will buy it from you.” George Carlin

    Mr. Carlin was very generous and overly optimistic in his description of
    human “schmuckery”. The reality is, you can keep nailing the same things
    together, over, and over, and over…………and it would appear that the
    supply of “schmucks” is inexhaustible…….

    Did you know that, for example, just recently a new group of “stooges” ( 3 )
    is exposing ” that:

    our future may be one catastrophic pyramid scheme that’s on the verge of collapsing.
    Today You Learned the Truth: One Single Pattern Threatens to Destroy Our Economic, Energy, and Environmental Systems…Now It’s Time to Take the Necessary Measures to Defend Your Prosperity and Way of Life!

    Now, we a talking very “slick” production values…… a thirty minute video,
    with charts and graphs, repeating the following “truisms”…..

    1.) The Predictions of Malthus
    2.) Peak Oil
    3.) The “idiocy” of exponential growth expectations in a FINITE world.
    4.) Money and Banking
    5.) and the “inevitable collapse” of “pyramid schemes”.

    and of course what YOU can do about it NOW…..”or YOU’LL REGRET IT!”

    “Maybe not today. Maybe not tomorrow, but SOON and for the REST OF

    Understanding the species and it’s biological evolution, and the complete
    history of our failure to adapt to “civilization”, as well as the built in
    requirements of “deception and self deception”………in fullfilling the
    “prime directive”……….and seeing the general stupidity of “humans”
    being played out everyday……I am still somewhat confused by the
    following “disconnect” among those who claim to be and should be
    “intelligent” enough ( via logical reasoning ) to see this…..and
    where it leads. ( especially when predicting it on a daily basis )

    How do you sleep at night?

    Now I have heard in my adventures with the law, from cops, lawyers
    and judges……..that they “knew” ( those that had a sense of integrity )
    what I was about ( with a wink and and a nod )……and from a more
    forthright cop the question, What did I really expect to accomplish?
    And from a lawyer, the rationalization that: Somebody had to do what he
    was doing. ( even though the whole thing was fraudulent. )

    This understanding is also available in the medical profession and all
    others…..( as is the similar rationalization of those who can actually bring
    themselves to admit it ) but at some point, it just gets very olde.

    ” All that is required for the triumph of evil is for good men to do nothing.”

    Maybe the truth is simple. Maybe there are no “intelligent good” men?
    Or they are so overwhelmed by the “evil opportunistic” men, while
    the rest are “complete schmucks”, that the “truth” doesn’t stand
    a chance and never did?

    “To conquer, first DIVIDE!” ( and then HANG, separately. )

  • dan

    there are only two certainties in life : death and taxes…
    and inflation of fiat/paper money is a hidden tax.

    Gold will always protect/store your wealth, but it is silver that is undervalued
    and was actually proscribed as money by the founding fathers

  • GALT


  • GALT

    So how did Root manage to get my posts blocked for his article, Bob?

    It’s not discus……it must be you?

    If he wants to sue me for slander, let him……however to threaten to sue me
    and then block the posts…….makes it look like his threat makes a difference….
    it doesn’t………I couldn’t care less…..and none of it is “slander”.


    • Bob Livingston

      Dear GALT,

      You write: “So how did Root manage to get my posts blocked for his article, Bob?” Root has no control over the moderation and none of your posts on this article have been blocked.

      You write: “EXPLAIN??????” Explain what?

      Best wishes,