"One of the greatest bull markets in history continues to be ignored or actually scorned. This is a bull market that has hit new highs year after year for longer than most of today's economists and investment advisors have been in the business -- and still they seem unable or unwilling to focus on the fabulous gold bull market.

And I ask myself, "Why?" The answer is that the great American public, including most of Wall Street's "experts," have been brain-washed by the US government and the Federal Reserve. Where gold and silver were once treated with respect, treated as the only real money, the Fed and the Government have sought to substitute intrinsic money with their own brand of junk fiat paper (actually, it's not paper, it's linen and cotton). In their greed and desire for power, a sinister and secretive small group of men sold the American congress in 1913 on the idea that they would take over management and issue of America's money. And in so doing, eliminate booms and busts.

In installing their plan, they were depending on the ignorance and stupidity of Congress and the public. Sadly, nothing has changed since 1913. It's probable that politicians and the voting public know less about money than about any other area. Thus, the fraud of the Federal Reserve took over the creation and management of America's money.

Now, in this great bear market, the dirty water is seeping out from under the locked closet. And the dirtiest secret of all, fiat money, is being exposed. It's being exposed as gold rises inexorably toward new record highs. Gold's rise equates with the downfall of the Fed and its fiat money. Why, why, is gold climbing? Why does it require more and more fiat money to buy an ounce of gold? That's the question that the Fed does not want answered.

In the meantime, the fabulous bull market in gold continues on its relentless upward path. The truth of the great fiat money fraud batters against the cracking wall of secrecy as gold rises toward new record highs.

Have you ever seen a ten-year bull market so ignored, so misunderstood and so hated? The word I hear is that "gold is in a bubble." The unspoken word is that Federal Reserve notes (dollars) are in trouble.

The era of the great brain-washing is coming to an end. Know the truth, and the truth will make you free.

Maybe that's why I'm writing these reports at the tender age of 86. America has been held hostage by a bunch of monetary bandits. I love this country. At one time I put my life on the line for this country. I go for fundamentals. One of any nation's fundamentals is its money. I want to see honest money come back to the US. I believe slowly, very slowly, it's happening. Excelsior!"