2010-03-04 SEC Press pdf 4412 KB 103,194 chars

for America and the world, to which the

summary

Sean David Morton, through his Delphi Associates newsletter, fabricated a conspiracy theory claiming U.S. officials planned nuclear strikes on Iran, that Israel secretly sold nuclear weapons to China, and that Pentagon leaders revolted against a 'clinically insane' president—none of which are supported by credible evidence, while simultaneously promoting fraudulent gold and precious metals investment schemes.

paragraph

Sean David Morton’s Delphi Associates newsletter falsely alleged that the Bush administration planned nuclear strikes on Iran’s Natanz facility, that Ariel Sharon sold Excalibur-class nuclear bunker bombs to China, and that the Joint Chiefs of Staff staged a rebellion against a 'clinically insane' president—all without credible sourcing or evidence. The text falsely ties real 2006 market data (Nasdaq declines, rising copper/zinc prices) to unverified investment advice promoting gold, silver, and copper stocks through LLCs and trusts. It also misrepresents 31 CFR 103.121 to falsely claim SSN anonymity is legal and promotes mythical financial instruments like the '$300 trillion Giga Fund' and 'REDBACKS' currency.

narrative

Sean David Morton’s Delphi Associates newsletter is a collection of baseless conspiracy theories masquerading as investigative journalism, falsely claiming the Bush-Cheney administration planned nuclear strikes on Iran’s Natanz facility in 2006, and that Israeli Prime Minister Ariel Sharon secretly sold U.S.-supplied nuclear bunker bombs to China, pocketing billions from the Gaza withdrawal deal. It alleges a Pentagon 'April Revolution' in which military leaders refused orders from a 'clinically insane' president, a narrative unsupported by any official records or credible reporting, despite referencing real events like General Pace’s opposition to nuclear options. The text weaves in accurate but irrelevant market data from mid-2006—such as Nasdaq declines and rising copper, zinc, and ethanol prices—to lend false legitimacy to its investment pitches for gold, silver, and copper stocks. Morton promotes asset-protection services through Delaware LLCs and trusts, misrepresenting 31 CFR 103.121 to falsely suggest SSN anonymity is legally permissible. He further invents fictional financial instruments like the '$300 trillion Giga Fund' and 'REDBACKS' currency, while invoking pseudoscientific claims of remote viewing to justify alleged WMD movements to Lebanon’s Bekaa Valley. The entire document is a self-promotional fraud, blending real names and dates with elaborate fabrications to sell unregulated investment products and fringe geopolitical myths.

Enriched metadata

Scheme
boiler-room (95%)
Outcome
indicted
Victim loss
$60,000,000,000
Ticker
MOFQX
Classified boiler-room(confidence 95%). EDGAR detection: forms Form D· recall 50% / precision 4%. detection rule →
Statutes
31 CFR 103.121(b)31 CFR 103.121(a)
Parties
ariel sharongeneral paceiran sunburn missilespaul eatonvladimir putinwhite house
Keywords
goldmarketwhotherebushworldnewwhatjulyissue julyjuly immanuellaappearance pagefunddollarmoney

Extracted insights

Dollar amounts 25
  • $300000.00B $300 trillion ≥$1B
  • $300000.00B $300 trillion ≥$1B
  • $47000.00B $47 TRILLION ≥$1B
  • $35000.00B $35 trillion ≥$1B
  • $27500.00B $27.5 trillion ≥$1B
  • $100.00B $100 billion ≥$1B
  • $60.00B $60 BILLION ≥$1B
  • $30.00B $30 billion ≥$1B
  • $30.00B $30 billion ≥$1B
  • $1.00M $1 million $1M–$10M
  • $5K $5000 <$10K
  • $2K $1500 <$10K
Entities 6
  • person ariel sharon
  • person general pace
  • person iran sunburn missiles
  • person paul eaton
  • person vladimir putin
  • person white house
Triples 12
  • US planned series of atomic bomb strikes inside Iran
  • US paid Israel $30 billion to pull-out in Gaza Strip
  • Ariel Sharon sold missiles to Red Chinese
  • US gave Israel 300 Excaliber class nuclear bunker bombs
  • General Pace achieved major victory when White House dropped nuclear device plan
  • White House dropped insistence on nuclear device to destroy Iran's uranium-enrichment plant at Natanz
  • Paul Eaton spoke out against Administration's handling of Iraq war
  • Charles Swannack Jr. spoke out against Administration's handling of Iraq war
  • Ukraine gave Iran SUNBURN missiles
  • Vladimir Putin provided SUNBURN missiles to Ukraine for Iran
  • Joint Chiefs of Staff refused nuclear bombing plan in March
  • Sean-David Morton wrote article about US atomic bomb planning against Iran
Text layers
Extracted body text (103,194c)
ELPHI I IE

Sean Mot:ton
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a
The Men Who Sold the World
this  unprovoked  pre-emptive  actions,
and finally gave up.
that it would lead to dire consequences
Besides, the Israeli’s could do all the
for America and the world, to which the
dirty work for him, which had been the
president replied, “Bring It On!”
plan from the beginning when the US
This  led  to  a  revolt  inside  the
gave Israel 300 Excaliber class nuclear
Pentagon  and  by  the  Joint  Chiefs  of
bunker  bombs  to  go  after  Iran.  This
Staff who disobeyed direct orders from
was foiled when Ariel Sharon sold the
the  Commander-In-Chief  with  the
missiles to the Red Chinese, completing
rationale that they did not have to take
a  much-needed  link  in  their  war-
orders from someone they considered
machine chain. Ariel pocketed most of
incompetent  and  quite  possibly
the cheddar, along with millions off the
clinically insane. Some of this story is
top from the Gaza Strip deal where the
only NOW hitting the world press:
US paid Israel $30 billion to pull-out in
	 By	SEAN-DA
VID	MORTON
(This  issue  is  dedicated  to  the  memory  of  my
Step-father,   and   REAL   DAD,   Jay   Franklin
Salaman. He raised me to know what is right and
I would not be the person I am without him.)
In  the  previous  issue  I  revealed  that
the US was in the process of planning a
series of atomic bomb strikes inside Iran.
That the US was at RED ALERT and
battle groups were in position for this to
take place on March 29
th
. On March 24
th
a dossier was placed on the president’s
deck  explaining  the  repercussions  of
Seymour Hersh’s latest article explains
some of the details now being revealed
of how Armegeddon “didn’t go down.”
Excerpt:
“ In late April, the military leadership,
headed by
General Pace, achieved a major
victory when the White House dropped
its insistence that the plan for a bombing
campaign include the possible use of a
nuclear device to destroy Iran’s uranium-
enrichment plant at Natanz, nearly two
hundred miles south of Tehran. The huge
complex  includes  large  underground
facilities built into seventy-five-foot-deep
holes in the ground and designed to hold
as  many  as  fifty  thousand  centrifuges.
“Bush  and  Cheney  were  dead  serious
about the nuclear planning,” the former
senior
intelligence official told me. “And
Pace stood up to them. Then the world
came back: ‘O.K., the nuclear option is
politically  unacceptable.’”  At  the  time,
a  number  of  retired  officers,  including
two Army major generals who served in
Iraq, Paul Eaton and Charles Swannack,
Jr., had begun speaking out against the
Administration’s  handling  of  the  Iraq
war. This period is known to many in the
Pentagon as “the April Revolution.”
“An event like this doesn’t get papered
over  very
quickly,”  the  former  official
added. “The bad feelings over the nuclear
option are still felt. The civilian hierarchy
feels extraordinarily betrayed by the brass,
and the brass feel they were tricked into
it”--the nuclear planning--”by being asked
to  provide  all  options  in  the  planning
papers.”.
~END STORY~
NOT	THE	WHOLE	STORY
This  does  not  tell  you  the  WHOLE
story of what REALLY went on behind
the scenes, because they DO NOT want
anyone to know that Iran now has nuke
warheads for its unstoppable SUNBURN
missiles, given to them by the Ukrainians,
which  they  got  from  Vladimir  Putin
and  Russia...ALL  BECAUSE  of  Bush’s
BELLIGERENCE,  and  his  religious
belief that by starting Armageddon, that
he will some how bring JESUS back.
You will also notice that even AFTER
the Jo
int Chiefs of Staff refused this insane
plan back in March, that it was STILL on
the table and not entirely rejected until
late April when Bush realized he was not
getting  anywhere  with  this  approach
the largest behind-the-scenes real estate
deal in
history Mr. Sharon now sits in a
coma.
Now NO ONE at the Pentagon wants
to t
ake orders from Bush, stating to me
that:  “the  CHEESE  has  totally  slipped
off the President’s Cracker” and they no
longer feel obligated to take orders from
a  madman  they  now  seriously  consider
“Clinically Insane.” And I DO NOT make
that statement lightly.
This is ALL stuff that is not even heard
about inside
the Beltway, but that I can
ASSURE you is true.
Now everything has gone to “PLAN
B” as
the Israeli’s are doing all the dirty

   --

        

Sean at United Nations Press Conference
T H E  D E L P H I  A S S O C I AT E S  N E W S L E T T E R
work for us, and it is only a matter of time
before the US gets involved on Israel’s side.
You will notice over the next few weeks as
Israel invades Lebanon and bombs Syria,
that all of this attention is being focused
on an area called THE BEKKA VALLEY.
Some of you may remember that three
years ago I reported here that I had remote
viewed  four  facilities  inside  Iraq  that
were manufacturing the famed WMDs,
under the supervision of RED
CHINESE scientists. I also told
you these were ALL moved into
a series of caves in THE BEKKA
VALLEY, and that is where the
US and Israel will be focusing
most of their firepower.
Syria and Iran have a mutual
defense treaty, so any attack on
Syria will broaden the conflict,
but  also  give  the  US  Carte
Blanche to bomb pretty much
anyone all over the Mid-East.
The extra-added advantage
is Israel
will now use this as an
excuse to take back the Gaza
Strip and keep America’s $30
billion. Uncle Sam gets boned again. Let’s
hear it for our greatest Ally in the Middle
East.
Meanwhile,  Russia’s,  and  Vladimir
Putin’s,
involvement in all of this from
behind the scenes is the real story. Russia
is in the middle of a fight that nobody
is going to win and everyone is going to
lose again!  Putin has been betrayed by
Bush and Blair in all his deals and the
guys directly under him, want his head
on a platter and he is spending all of his
time, making sure NATO doesn’t get into
Georgia and the Ukraine.
Those paying attention to the news may
have caught
the fireworks going on between
Bush and Putin at the G-8 summit. Bush
referred to Putin’s wife as “Mrs. Puteena”.
Bush said from the podium he had hoped
that Russia would be more democratic.
Putin  replied  that  he  would  prefer  the
democracy they have rather than the type
of democracy the US had set up in Iraq.
Bush literally yelled from his seat,
“Just
you wait!”
This was a veiled threat that Putin is
going to be replaced very soon, that the
US  is  plotting  a  major  regime  change
in Russia,
and, there is currently a $100
billion fund being set up to democratize
Cuba  and  bring  it  back  under  the  US
sphere  of  influence  when  Castro  dies,
which is expected in the next 18 months.
Mr. Putin probably doesn’t sleep well
at night at all.

THE WORLD’S GREATEST
BANK ROBBERY

The ORIGINAL Delphi Associates was
set up many years ago by Russell Targ, the
Father of Remote Viewing, as an investment
group that was used to put psychics and
Remote  Viewing  to  the  test  predicting
the outcome of SILVER FUTURES and
prices. In the first year they were 10 for 12
in their picks, meeting once a month and
making one pick each month.
In subsequent Stanford experiments
using RV on Random Number Generators,
specifically Roulette Wheels, our group, of
whichElizabethTargandIwerebothmembers,
we were 7 for 10 with one pass (which I felt we
HIT and should have bet on!)
My record in the stock market has been
spectacular, unparalleled and unsurpassed.
I have called ALL the highs and lows of the
market, giving EXACT DATES for rises
and crashes over the last 14 years. In fact
I PAID for my entire college education
at  USC  with  a  GEMCO  scholarship
award and a $5000. investment in GOLD
COINS bought in 1974 when gold was
$32. per oz. By the time I graduated USC
in 1980 with multiple degrees in Political
Science and  a  Bachelor  of  Fine  Arts
(and only one semester shy of degrees in
Organic Chem and Astronomy) gold was
$850. per oz.
In fact I turned what was left of the
gold  into
nearly  half  a  million  in  the
stock  market,  buying  such  stocks  as
KINGWORLD  ENTERTAINMENT  3
months before Wheel of Fortune, Jeopardy
and OPRAH went on the
air. I had similar successes
with  stocks  such  as  shoe
company LA GEAR.
Since  July  of  2005,
stocks  and  metals  that
I  have  recommended
have  seen  an  increase  of
a  WHOPPING  347%,
leading   my   personal
friend,  who  was  head  of
Goldman  Sachs  and  is
NOW  Secretary  of  the
Treasury,  Henry  Paulson,
Jr.  to  comment,  “I  can’t
believe  you
only  charge  65
bucks for that newsletter.”
Goldman Sachs booked a 40% profit
last year. They made billions and I got
$65. But now that he is Secretary of the
Treasury Hank said he would at least buy
me lunch this fall.
After being begged by so many friends
and  fam
ily,  I  finally  broke  down  and
formed  THE  DELPHI  ASSOCIATES
INVESTMENT GROUP. We have put
together a quarter million dollar fund to
trade  the  Foreign  Exchange  market,  or
what used to be called Arbitrage.
The reason I wanted to start doing the
FOREIGN  EXCHANGE
MARKETS
is it allows me FREE REIGN to use my
psychic abilities, Remote Viewing skills,
and technical expertise ́ without having to
wait for future world events, stocks to go up
or down, or for entire markets to rise and
fall. I wanted to be able to make money
RIGHT NOW, as I believe we are simply
running out of time and For-Ex was the
BEST and FASTEST way to do this.
Each night I do a trance meditation and
work with
a number of charts that represent
various  world  currencies,  charting  out
the graphs as I see them forming before
Vol. IX, Issue #117, July 20, 2006 (28  BI,  Before  Immanuella  Day  of  Appearance)  Page  of 16
Published by P.R.I. 2207 Hermosa Ave., Hermosa Beach, Calif. Republic, 9025-2527
2/7  Order  Line:  888  52  7999  •  Office  E m a i l :  S e rv i c e @ D e l p h i A s s o c i at e s . o rg

              -
   -

   
T H E  D E L P H I  A S S O C I AT E S  N E W S L E T T E R
the next days trading. I then send these
to my analyst Daryl Weber in Montreal,
and he makes all the trades based on that
information the next day.
Daryl  and  I  can  make  trades  on  the
account, but	 only	 I	 have	 the	 power	 to
actually	 ACCESS	 the	 funds.	 NO	 ONE
ELSE! I am the crazy psychic that is using
RV  and  dowsing  to  predict  the  trends
and lines each night, and Daryl has the
technical wizardry to make the trades and
turn that into MONEY.
Trades are done from LATE  SUNDAY
NIGHT  THROUGH
THURSDAY.
Each Thursday the week’s profits will be
calculated for each member.
With everyone’s involvement and the
kind  of
money  we  have  been  making
we are already stressing the limits of the
account.
I EMAIL everyone WEEKLY REPORTS
on what
their money did for the week. We
do PAYOUTS every  fortnight on the full
and new moon.  AT ANYTIME members
can get out ALL or any portion of their
funds but there is a 15% Capital Gains tax
charged on profits.
This system has worked out so well that
we have
made 80 trades with only 7 for
losses. Only SEVEN losses! This means
that we are averaging 3 to 5% PER DAY,
and in the last month we have had gains of
12%, 19% and 26% in a single day. When
you consider that THE best money market
account 1-year CD pays 4.25% with no
liquidity, and we are making that in a DAY
on average, you can see how it adds up.
This  is  incredibly  exciting  for  me!
I  get
to  practice  my  abilities  and  get
confirmation of my predictions virtually
right away. I get to be of direct service and
financial benefit to my close friends and
family in a way that we can ALL prosper
together, and the For-Ex markets are like
the life-blood and central nervous systems
of every nation on earth. So I can SEE
the  vortexes,  confluences,  convergences
and  concordances  of  ENERGY  as  it  is
happening. It is the SHADOW of spirit
that precedes the physical manifestation
of world events. Don’t get me wrong; it
takes nerves of steel, ice water for blood
and  supreme  confidence  to  make  this
work, but that is part of the stimulation
and excitement.
I  mention  all  this  because  of  events
that transpired
the morning of April 12
th
,
which  are  not  only  a  precursor  of  the
world war we are about to see, but to give
you a glimpse of what the Wizard of Oz is
doing back there behind the curtain.
I got a panicked call from Daryl Weber
at 6:15
AM PST, April 12
th
. It was 9:15 AM
his time in Montreal, and he asked me
to turn on my computer and take a look
at what was going on. The Euro, British
Pound Sterling, Canadian and Australian
dollar at exactly 8:30 Am EST all began
to PLUMMET against the US dollar. But
they had all started doing it at the SAME
TIME.
“Oh my God, Daryl!” I exclaimed. “Are
there missiles in the air or something? Did
somebody declare Armageddon and not
tell us?”
We watched in shock and horror as all
the lines
continued to nosedive for the
next few minutes. Then at exactly 9:27 am
EST, at the EXACT SAME MOMENT,
every line on the screen hit some imaginary
floor and then rocketed up 100 pips in less
than three minutes.
At 9:30 am EST the Feds announced
that  the
US  Trade  Deficit  figures  were
some  $30  billion  better  than  anyone
expected.  What  they  were  not  telling
you  is  that  those  numbers  were  all
manipulated  by  counting  bombs,  guns,
planes,  tanks,  ammunition,  mercenaries
an soldiers pay in Iraq and Afghanistan...
AS AN EXPORT! So now WAR, death
and murder  is the single biggest export of
the United States of America.
But someone had
FOREKNOWLEDGE of these numbers,
and  had
successfully  managed  to
manipulate the markets, and the currencies
of 5 major governments in advance to pull
off  what  amounted  to  the  biggest  bank
robbery of ALL TIME...and it happened
right before our eyes.
Whoever it was successfully managed to
steal an estimated STOLE $47 TRILLION!
I reported on it in my newsletter and JUST
TWO WEEKS AGAO it was reported in
the London Times with investigations by
the  NSA/CIA/FBI  and  SEC.  Only  the
Bush  Crime  Syndicate  and  the  Israelis
have  the  PROMIS  II  software  and  the
“SWORDFISH” back door codes to pull
off that kind of heist.  I believe it was a
PAYOFF for NOT bombing IRAN, and to
provide Israel with the capital to wage their
current war against Lebanon and Syria.
But there is FAR more to this going on
behind the scenes:
THE CRIME LORD

GIGA FUND

By Greg Szymanski (23 June 2006)
New World Order Stealing Americans
Blind  With  Illegal  Overseas  Giga-Fund
Estimated  At  $55  to  $300  Trillion!!!
London  Based  International  Currency
Review backs up Leo Wanta’s story about
how the Bush and Clinton crime families
have  ripped-off  U.S.  Treasury  money  to
fund the destruction of America.
While the country is preoccupied with
terrorism, the war in Iraq and 9/11, thugs
controlling  the  takeover  of  America  are
stealing citizens blind to the tune of $55
to $300 trillion dollars, according to an
undercover financial report by the London-
based International Currency Review. The
up-to-date  report  just  released  confirms
that $27.5 trillion first raised from 1989-
1992 to finance the imposition of the New
World
Order has now covertly blossomed
into much, much more as Americans have
been conveniently “made to look left when
they should be looking right.”
But important stories like this usually
get  buried,  ignored  and  overlooked
in  favor  of  rebellion  in  the  streets  and
cockeyed  symposiums  for  truth.  Sadly,
it’s usually the emotional gut wrenching
extravaganzas  rushing  thousands  to  the
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Secure  shopping  cart,  info  and  updates:  www.DelphiAssociates.Org

   --

 
 

 
 
 
 

T H E  D E L P H I  A S S O C I AT E S  N E W S L E T T E R
streets “crying foul” that gain attention by
the masses.
In  fact,  it  is  the  intelligent  crooks
behind the scenes, including the entire
U.S.  Congress  and  Executive,  who  are
quite content with rebellion, rioting in the
streets and 9/11 conferences just as long as
the real heat of activism stays away from
the important issue ..... MONEY.
But   while   Americans   remain
hoodwinked,  some
investigators  are
toiling away tirelessly in the background,
following the real stories and the money
trail  first  raised  by  U.S.  Treasury  agent
Leo Wanta, whose project authorized by
President  Ronald  Reagan  to  destabilize
the Russian currency at the end of the
Cold war generated vast sums of money to
be returned to the U.S. Treasury.
However, according to Wanta and other
investigators tracking the New World Order
money trail, trillions ended up in private
accounts in order to finance the biggest
project of all: “the installation of the New
World Order, to borrow a phrase used by
George H. Bush who lifted the phrase from
former Russian President Gorbachev, who
still heads up a KGB contingent operating
in the United States,” according to reliable
intelligence sources.
And if the truth ever be told about who
really  was  responsible  for  stealing  the
vast sum of money now funding the New
Word Order, their nefarious and criminal’s
actions could once and for all be put to
rest in favor of a healthy Republic.
Although the amounts stolen and used
for clandestine
affairs is mind boggling,
the giga fund first amassed by Wanta is
expected to mature to more than $300
trillion by 2012 when it is expected “to
be  rolled  over”  increasing  the  value
immensely,  according  to  European
intelligence sources tracing the intricate
bank scheme.
The  London-based Currency   Review

in Volume 28, No 4. in March 2003 first
provided financial details of the biggest
private loan operation in human history,
started with U.S. Treasury funds amassed
by  Wanta  but  then  covertly  transferred
into private accounts to fund the global
takeover.
In essence, the irony lies in the sad fact
that treasonous
American politicians and
corrupt  businessmen  are  using  money
earmarked for the U.S. Treasury to fund a
global campaign to destroy America instead
of using the money for the betterment of
the country.
Since  the  initial  reports  of  the
massive global fund first surfaced, Wanta
and  several  other  witnesses  have  come
forward naming names and listing actual
bank  accounts  and  records  that  have
printed in previous Arctic Beacon articles.
Uncovering that the amount of money
was so staggering and far exceeded any
amount  imaginable,  the  story  has  been
shunned by the mainstream even though
it is thoroughly backed up by federal court
documentation  and  other  information
leaked by U.S. Treasury whistleblowers,
some who have been threatened with their
lives for divulging the information.
Further,  the  information  has  been
in the
hands of the U.S. Congress for at
least three years, but has been suppressed
since it opens the door to the immense
fraud being perpetrated on the American
public.
“By that we mean that the documents
given  to
Congress  detailing  the  raising
of the gig-funds were included among a
batch of other documents showing billions
being scammed into private trust accounts
in the Cayman Islands and elsewhere,”
said  the  recent International  Currency
Review report, “wither from the trillions
of dollars raised for the Global Security
Environment financing operation or from
Black  Operations’  monies  employed  to
wage financial warfare operations against
targeted foreign governments.
“They also show, inter alia
, transactions
via the Federal Reserve approved by Dr.
Alan Greenspan
which, to put it mildly,
raises many questions, including why some
of the funds in question were disappearing
into privately held trust accounts held on
behalf of well-known intelligence-linked
barons.”
Besides trying to trace the culprits behind
the  giga-fund
scam,  the  International
Currency Review also provided succinct
reasons  why  the  fund  was  established
using U.S. finances.
“The  reason  such  a  large  fund  was
established
was  to  provide  the  hidden
directors of the New World Order with
unlimited resources. We of course refer
to these people as the New Underworld
Order because it is an irredeemably corrupt
operation to ensure absolute global power
and control stays in the hands of the self-
appointed geo-Masonic elite,” added the
financial report.
“Their  intention  is  that  all  states  be
abolished  and
governance  will  devolve
into the hands of the faceless, invisible
controllers  as  has  happened  in  the
European Union Collective. This is in fact
just another prototype of the New World
Order regional government model. Brussels
is where the global fund is managed and
where a very large contingent of CIA nest
supervises the management of the colossal
resources  mobilized  for  this  purpose.
The  proportions  of  these  resources  are
so  gigantic  that  the  funds  have  to  be
churned perpetually. One trader involved
with these transactions says that he sees
Global security Fund transactions on the
foreign exchange every day and night. The
proportion of the New Underworld Order
finances can be compared with the U.S.
domestic debt(see data in report).”
For    the    entire    International    Currency
Review story, go to http://www.911komplott.de/
downloads/Global_Security_Fund.doc
Greg  also  has  his  own  daily  show  on  the
Republic Broadcast Network. www.rbnlive.com
and  is an independent investigative journalist
and  his articles  can  been  seen  at www.
LewisNews.com.  He  also  writes  for  American
Free Press  and  has  his  own  website www.
arcticbeacon.com
~END STORY~
Vol. IX, Issue #117, July 20, 2006 (28  BI,  Before  Immanuella  Day  of  Appearance)  Page 6 of 16
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T H E  D E L P H I  A S S O C I AT E S  N E W S L E T T E R
THE	BILDERBERGER’S	MEET

THE	INCUNABULA	WARS

BUSH	CLEARING	HOUSE

TAKING	OUT	ENEMIES

June 9 to 11 the infamous Incunabula/
Bilderberger  power cabal met in Ottawa,
Canada to decide what they are going to
do with the world for the next year. The
rift  between  the  BushCrimeSyndicate
principle.  Bush’s  chief  economic  advisor
was sitting in the front row when all of this
was being discussed and said nothing. One
Bilderberger was heard to comment, “Those
stupid  American’s  deserve  everything  that
is about to happen to them.”
With  all  that  being  said,  the
BushCrimeGang,  which  includes  Bill
and Hilary Clinton, Henry Kissinger and
of the case.
It  was  also  revealed  that  British
operatives involved
in the Friday, May 26
shootout at the House Rayburn building-
parking garage had been seeking files in
DeLay’s office in an attempt to recover
evidence regarding indicted GOP lobbyist
Jack Abramoff.
Two  UK  agents  and  one  French
operative were killed in the covered up
and European Royalty has now grown
Rayburn  gunfight  and  then  removed
so wide that it looks to many observers
from the House parking garage in body
to like  open war amongst the Insider
bags, all of which was suppressed by
Elite. This rift began in 2002 when it
Capitol police and the national media.
was decided to give the Bush faction
In  exchange  for  his  grand  jury
the green-light to invade Iraq, but only
cooperation,    Delay    received
to take out Saddam and to leave the
transactional    immunity    from
country intact. Instead Bush blew the
prosecution.
country  to  smithereens  so  his  buddy
Bush	administration	worried	about
Dick  Cheney  and  Haliburton  (who
Powell	and	Tenet	testimony?
booked an 86% profit last year) could
Former Bush 43 Secretary of State
get  all  the  contracts  to  rebuild  the
Colin  Powell  had  previously  testified
country...just  like  they  did  back  in
last summer according to intelligence
1991. And to allow the Bush family a
sources  who  added  that  former  CIA
continued presence there to control all
Director George Tenet has also provided
the oil in the Mid-East.
testimony against Mr. Bush before the
This left Bilderberg insider George
grand jury.
Soros so angry that he spent millions
Individuals  around  Powell  told
setting up AIR AMERICA, the left wing
intelligence  sources  that  the  former
radio network, with the sole objective
secretary of state was taken to an Aspen,
of stopping Bush and pals. If you have
seen AIR AMERICA’s pitiful ratings,
he has not done a very good job.
A
number of plans were agreed upon
and placed in motion:
1. That they  were  happy  with  the
obscene profits
they were currently making
on the price of oil. That oil prices would
stay in the $70 to $80 pbl. range for the
time  being.  Raising  oil  above  this  level
for an extended period would collapse a
number  of  their  other  industries  which
are, of course, dependant on oil.
2. That there was to be NO BOMBING,
INVASION
or  WAR  with  Iran.  Bush’s
actions   in   March   were   discussed   at
length, and they all agreed that stopping
him was the right thing to do.
3. That   interest   rates   along   with
inflation  were going  to  skyrocket.  This
means  that  millions  of  Americans  with
variable  mortgage  rates  would  lose  their
homes.  In  fact  most  Americans  are  not
only  so  far  in  debt,  but  only  pay  off  the
interest on their homes and NONE of the
David Rockefeller, seem to have decided
that  the  Bilderbergers  can  take  a  long
jump at the end of a short rope. In fact
they have grown so powerful that they are
turning on their former masters, and many
of the real arguments behind the scenes
are just how they are all going to divide
up the power, and who gets what after the
US, Canada and Mexico are all smashed
together.
But there are other problems, and you
are see
ing only the tips of the icebergs of
this clandestine war.
SHOOT	OUT	AT
THE	CAPITOL	CORRAL
By	TomFlocco
Washington—July	7,	2006—
Former GOP House Majority Leader
Tom Delay  testified  against  President
George W. Bush before one of Special
Prosecutor Patrick Fitzgerald’s grand juries
during the week of May 22, according to
U.S.  intelligence sources with knowledge
Colorado hospital today after a meal
with former
President Clinton and others
participating in the Aspen Ideas forum.
Those close to the former Chairman of
the Jo
int Chiefs of Staff told the sources
that  they  were  originally  worried  that
Powell  might  have  been  the  victim  of
an attempted poisoning; but Powell later
returned from the hospital and said he was
fine.
Last  week  Kenneth  Lay,  convicted
former  CEO
of  bankrupt  Enron
Corporation and close friend of George
W.  Bush, was found dead of a reported
heart att
ack in Aspen, Colorado. Delay’s
body was being processed through at the
SAME TIME  Colin Powell was there for
his “mystery illness”. Must have been a
very interesting week for the doctors and
police of such a small town.
Drugs	and	money-laundering
cited	in	Abramoff	case	testimony
Intelligence  sources  said  former
Majority Leader Tom DeLay “joined GOP
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T H E  D E L P H I  A S S O C I AT E S  N E W S L E T T E R
California Representative Jerry Lewis in
cooperating with Department of Justice
officials before the grand jury.”
Evidence presented included criminal
activities  related  to  convicted  GOP
lobbyist  Jack  Abramoff;  and  part  of
DeLay’s testimony dealt with drug money-
laundering  activities  linked  to  Mena,
Arkansas, former President Bill Clinton
and former First Lady and current Senator
Hillary Clinton.
DeLay  reportedly  provided  evidence
and  testimony
regarding  approximately
17 areas of criminal evidence involving
Mr. Bush; however, the full scope of the
testimony was not revealed.
One   intelligence   source   told
TomFlocco.com
that  “DeLay  knew
about  Clinton-Bush  assassination  teams
in the United States, details of the Vince
Foster murder, the John F. Kennedy Jr.
assassination, and events surrounding the
September 11 attacks and the Oklahoma
City bombing.
Delay was allegedly “up to his eyeballs
regarding retirement  accounts,  gifts
and income issues” linked to his family,
the government probe of his campaign
finance activities and links to questionable
contributions regarding a former House
staffer employed as a lobbyist according
to the sources.
On  July  24,  1998  Delay  was  nearly
assassinated himself
in his Capitol Hill
office;  and  intelligence  agents  knew
that he was aware of multiple criminal
activities linked to the Bush and Clinton
crime  families,  adding  that  the  former
House  leader  “knew  where  the  bodies
were buried.”
Covered up

Rayburn gunfight

The  shootout  at  the  House  Rayburn
building  was  covered  up  by  legislative
leaders and a White House well aware
that DeLay was due to vacate his House
office on Friday, June 9.
This left a rapidly decreasing window
of opportun
ity for those who also knew
he had testified before the grand jury at
the end of May and might have evidence
regarding the content of that appearance
still remaining in his Capitol Hill office.
The May 26 Rayburn altercation likely
closed  the door  on  any  opportunity  to
covertly  confiscate  documents  from
Delay’s office before he officially left the
House of Representatives just two weeks
later, given heightened security awareness
in subsequent days.
The gunfight between British, French
and Israeli agents turned into an exchange
of  automatic  weapons  fire  on  the  level
just below daily activities involving House
members  and  their  staffs  on  the  floors
above.
According to multiple U.S. intelligence
sources,  the  collateral  damage  to
automobiles  was  substantial  enough
that  Capitol  police  closed  the  Rayburn
building  over  the  weekend,  temporarily
removing  the  license  tags  from  bullet
ridden vehicles and turned the garage into
what amounted to an auto-body shop.
Blindfolded repairmen were reportedly
flown
in from Albuquerque, New Mexico
after  being  offered  compensation  well
above their normal pay to “remain silent
about a secret operation requiring their
services in Quebec, Canada.”
The  Rayburn  gunfight  took  place
with the
full knowledge of Bush officials
since  formal  protests  and  reports  were
exchanged  by  the  British  and  French
governments which were provided to the
administration according to high national
security sources.
The  documents  presented  to  Mr.
Bush  were
classified  under  arcane
U.S.  intelligence  regulations  to  further
sequester
the evidence from the American
people.
The national media has not reported the
existence of
the British and French protest
documents sent to the president.
~END STORY~
THE STRANGE DEATH OF...
Kenneth Lay, as many of you may know,
was the number one contributor to the
Republican  Party  in  the  2000  election.
Bush flew around the country in a private
ENRON jet, and Lay even had his own
office in the White House.
Lay was incensed that his government
Bigwig pals
were going to hang him out
to dry. Lay was threatening to spill all the
beans, name names and squeal about where
ALL the bodies were buried if he was not
cut some kind of secondary deal where the
President could pardon him in 2008, or do
something to keep from spending the rest
of his life in the slammer.
Again,  in  a  world  with  this  kind  of
money,
and near total control of the media
it is not clear to me that Kenneth Lay was
poisoned, or he got the deal he wanted
and an elaborate scheme was put in place
to fake his death. (Believe me, it happens
ALL the time!) It is also not clear yet, if
his death removes him from the chain of
control of his estate. If it does, the Federal
Court  cannot  take  one  dime  from  his
heirs, who will reap millions of the illegal
money the Court had not yet taken.  So
yet another strange twist to the case.
But it gets WEIRDER STILL:
Top American General

Targeted As

US Military Faction Split

Leaves One Dead

By: Sorcha Faal, July 8, 2006
(and    as    reported    to    her    Russian
Subscribers)
Russian  Intelligence  Analysts  are
reporting  today that  a  factional  split
has  emerged  among  Americas  Military
Leaders  that  has  left  one  of  their  Top
Generals,  and  Former  US  Secretary  of
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T H E  D E L P H I  A S S O C I AT E S  N E W S L E T T E R
throughout the Motherland, and which
“We’re saying this is intentional,” said
State, Colin Powell, injured and has also
is to include a further increase of Special
Louis Garcia, the city’s chief fire marshal,
resulted in the death of the Bush Families
chief fundraiser Kenneth Lay.
Department and FSB troops to be deployed
adding that the modifications could have
been made by “anybody who is handy.”
These  reports  state  that  a  meeting
to secure underground bunkers.
Plastic
tubing  had  been  connected
between rival factions of Americas Elite
with a
radiator valve to the main gas line
Leaders  held  this  past  week  in  Aspen,
~END STORY~
in the basement of the Upper East Side
Colorado, and headed by the former US
build
ing,
Garcia said. With the valve left
President  Bill  Clinton,  turned  violent
open, gas
was able to flow freely into the
when Kenneth Lay was murdered after
house for hours before the blast.
his threats to expose the Counter-Coup
The  explosion
on  Monday  hurled
plotters unless his conviction for being
fireballs high
into the sky and left the
America’s top corporate embezzler was
upscale block covered in bricks, broken
overturned.
glass  and
splintered  wood.  At  least  15
Retaliation for this murder was swift,
people  were injured,  including  five
however,  by  the  targeting  of  General
civilians and 10 firefighters.

Colin Powell the following day during a
Authorities
have  been  investigating
meeting of the plotters, and that included
whether Dr. Nicholas Bartha, the lone
President Clinton; and in an ironic ‘twist’
occupant during
the blast, might have
to this affair had his life saved by the
caused  the explosion  rather  than  sell
same doctors, and at the same hospital,
the house
as part of a divorce judgment
that had likewise attempted to save the
favoring his ex-wife. Bartha, a physician
life of Kenneth Lay.
who lived and worked in the four-story
This latest split between the current
building,
remained in critical condition
warring  factions  of  the  United  States
Tuesday after  being  rescued  from  the
Military Leaders appears to be centered
rubble a day earlier.
on  the  ruling  order  of  the  North
Detectives “want to talk to him, but
American Union, and which is the new
haven’t been able to because of the extent
Confederation  formed  between  the
former  nations  of  the  United  States,
Canada and Mexico.
Perhaps  most  interesting  about  these
reports are the details on how the elite
warring  factions  of  the  Americans
communicate  with  each  other  through
news references to the popular American
soft drinks Coca Cola and Pepsi, and which
these  reports  state  that  following  these
attacks the news that Pepsi had cooperated
with the FBI in thwarting a theft of secrets
from  Coca  Cola  was  actually  a  coded
attempt to declare a truce between these
factions.
This type of communication between
various W
estern factions is not new, and
was in fact perfected by the German Nazi
regime during last century through their
use of coded adverts in both Germany and
America by Ford Motor Company and the
German industrial giant IG Farben.
Russian  Military  Analysts  are  further
reporting  that
President  Putin,  and  in
response  to  these  latest  events  in  the
United States, has ordered an immediate
realignment  of  Russian  Military  Forces
But it does not end THERE!
Former Secretary of State and former
Soviet  Agent
Henry  Kissinger,  the  long
time  Svengali  of  the  Rockefeller/Bush
families in the US, was on his way to the
New York City office of Doctor Nicholas
Bartha, his personal physician, at 34 East
62
nd
Street for a scheduled appointment
when he was delayed in traffic.
That tardiness probably saved Kissinger’s
life, since
the house blew up during the
time Kissinger was supposed to be there.
Yet another Bilderburg Sacrifice gone
awry
, perhaps?
NEW	 YORK	 (J
uly	 11) - Investigators
confirmed  Tuesday  that  a  gas  line  had
been tampered with before a landmark
town house was leveled by an explosion,
narrowing  their  focus  on  the  building’s
owner, who is suspected of setting off the
blast in a botched suicide attempt during
a bitter divorce.
Blast Amid a Bitter Divorce
of his injuries,” police spokesman Paul
Browne said.

~END STORY~
On Saturday night, July 15, Dr. Bartha--
who had been in a coma for almost a week-
-passed  away  at  New  York-Presbyterian/
We
ill  Cornell  hospital.  He  was  66.
Surprise, surprise. No witnesses left at all.
Are you seeing the pattern I am seeing,
and that
WAR is at hand amongst those
in power as they all jockey for a position
in their New World Order that is so close
at hand. Already dividing the spoils over a
victory they see as a foregone conclusion.
So if the Bush’s and the Bilderbergers
have “Gone
to the mattresses” like some
Mafioso  gangland  war  between  the
Corleone’s  and  the  Soprano’s,  one  can
only hope that they would be better shots.
And  what  of  all  of  us  caught  in  the
crossfire? Do
we rise from the land and sea
like malformed angry Titans and storm
Mt. Olympus to put an end to this tyranny
once and for all? Or do we sit back, do
nothing and just become the slaves of the
Men Who Sold the World?
Vol.IX,Issue  #117   July  20,  2006  AD (28  BI,  Before  Immanuella  Day  of  Appearance) Page  9  of  16
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T H E  D E L P H I  A S S O C I AT E S  N E W S L E T T E R
PART ONE:
  By Nicholas Winton

July 19th, 2006.

Born  in  Johannesburg,  South  Africa,  Nicholas  is  a  To-
ronto-based  consultant,  investment  writer  and  self-taught  stock
researcher.  A  graduate  of  The  University  of  Toronto,  he’s  stud-
ied the Ancient World, Semiotics, and Literature, rubbed shoul-
ders with the real-life Indiana Jones, Dr. Vendyl Jones, and once
toured
the hidden underground of Jerusalem’s Old City, joined by
a mysterious Rabbi with a Black Belt in Kung Fu.

Nicholas	believes	we	can	benefit	from	observing	market
trends that will shape our investment future and by extension, our
own world’s future. His strategy uses technical and fundamental
analysis, contrarian-thinking, as well as monitoring insider pur-
chases and sales of stocks.
At Marketocracy
.com,  his  top-quartile  ranked  Hedgehog  Fund
(a virtual mutual fund seeded with a virtual $1 million bankroll)
has nearly tripled over its 3-year existence while conforming to
strict  real-life  mutual  fund  restrictions.  Marketocracy.com  is  a
gr
oundbreaking	financial	experiment,	as	the	site’s	top	performing
portfolios trigger actual buys and sells within a real-life mutual
fund  called  The  Masters  100  Fund  (Symbol:  MOFQX)  that  has
beaten the S&P 500 since its inception in November 2001!
In
turn, Nicholas’
Hedgehog  Fund  (represented  by  the
orange line) has widely outperformed both the Masters 100 Fund
(the purple line) and the S&P 500 since its inception.  Shares of
both  his  Hedgehog  Fund  and  Commodo  Dragon  600-12  Fund
cannot be purchased.  But readers will soon be able to access the
top secret holdings in these funds!
(The Hedgehog Fund, courtesy of www.Marketocracy.com)
Thank
you, readers! Amazingly, has now been ONE year
since Sean invited me and my entire arsenal of trading weapons
from The Hedge Hog Fund to sail on the good ship Delphi! In
fact, ever since the appropriately titled “MONEY MATTERS”
newsletter in July 2005, where we called for gold and all com
-
modities to rise sharply, we’ve seen gold soar from $420 to a
high of $720 an ounce! Silver, which both Sean and I theorized
was set for even larger gains than gold, zoomed from $7 to $15
an ounce! And copper, the metal most vital to our infrastructure,
skyrocketed from $1.60 to $4 per pound! And lastly, oil, that
slickest of commodities, climbed from $45 to a staggering $78
per barrel! And while those gains have been immense, we expect
more gains on all fronts in the months and years to come.
More recent market
 events have also unfolded as Sean and I have
forecast – with a loud, exclamatory THUD!
In my last column, way-y-y-y-y-y back on March 7th (Delphi
#115), I tendered the following caveats:
o Since Google,
 a handy proxy for the health of a specu
-
lation-happy market, had dropped $100 per share in a short pe-
riod “the wholesale
 selling of this stock market sweetie indicates
the markets are ripe for a correction.”
o “[W]e are
 in the weakest seasonal period ... for stocks
... [and this is] a major strike against the market continuing to
defy gravity.”
	 o	“[The]	amount	of	cash	flowing	into	mutual	funds	has
now approached record highs, previously seen only in February
2000!”
o “[I]f everyone’s fully deployed their investment capital,
then just who will be there to buy stocks during a sudden, unfore-
seen decline? For
 that answer, you need only ask shell-shocked
investors who bought into the market right before it fell off a cliff
in March of 2000.”
o A close
 under 1280 on the S&P is “bearish and forms
the right shoulder of a common market decline pattern ‘head and
shoulders.’ ”
o Ditch “any crazy, [or] tech-heavy” mutual funds in hot
sectors! Why? Most mutual fund managers are not allowed to
go to cash and must remain invested even during the worst times.
Yuck! And to boot, they charge a TON to sell them just when you
Vol. IX, Issue #117, July 20, 2006 (28  BI,  Before  Immanuella  Day  of  Appearance)  Page 10 of 16
Published by P.R.I. 2207 Hermosa Ave., Hermosa Beach, Calif. Republic, 9025-2527
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T H E  D E L P H I  A S S O C I AT E S  N E W S L E T T E R
need to, to avoid getting killed. That’s why I hate most mutual
funds.
o “[M]inimize technology and non-commodity exposure
until we see signs of a bottom.”
o Short the QQQQ’s and the S&P 500.
o Trim investments
 to raise cash. “Having cash on hand
never hurts, since you can always use it to buy deeply oversold
stocks ... once the market has bottomed.”
o “Considering we
 may soon see a correction in the DOW,
S&P, et al, selling could conceivably extend to metal shares.” An
understatement, for sure!
o “Right now
, the market looks tired, overbought, and in
need of a major breather. Caveat emptor.”
In hindsight, this looks like
pretty decent advice. Even
though we’d been warning of
a potential market plunge for
several months, I wish we had
been	 able	 to
 get	 out	 one	 final
Delphi warning (with a car
-
toon-sized megaphone!) in
 May
before	I	was	out	the	office	and
out of range
 of the internet for
an extended period. The reality
was this: I had a May column
already written warning of an
imminent drop (the central clue
was in noting how gold shares
were no longer rising, even
though physical gold was) but
Sean had a very trying month
and in addition, the printers (longtime clients of Sean’s) of the
DAN had some issues, so we couldn’t put the issue out.
One of the
 realities with following our investment updates pub
-
lished on a
 not necessarily predictable monthly or (recently) bi-
monthly basis, is
 that investors alone must decide to buy and sell
when the market rises or sells-off – or even, to do nothing at all.
I do wish to reiterate that one week after Delphi #115 on March
17th, Sean sent out a subscriber email alert with some of my cau
-
tions, stating “If
 the S&P hits 1310 and holds, that WOULD sig-
nal a break
 above resistance and likely one last major spike up
to fool everyone.” And jeepers, did it ever! The market then
moved sideways for 6 more weeks, lulling people into a state
of	 complacency	 as
 it	 temporarily	 defied	 that	 ominous	 statistic
we cited about
 mutual fund managers having already invested
every red cent of their clients (leaving no money to prop up a
falling market!). The market eventually tested 1310 and spurted
upwards, hitting multi-year highs at 1327. Then, at precisely at
the wrong moment, Market Bears covered their shorts and Mar
-
ket	Bulls	bought	stock	with	both	fists,	as	both	sides	anticipated
a
 powerful new
 surge was imminent! Both were wrong, and the
rest was history.
When the entire market did have its brutal sell-off, the WORST-
FARING index of
 the big three was the tech-heavy Nasdaq that
I had urged concern over. The NASDAQ lost nearly 231 points
or 11.6% as it plunged from a high of 2366.56 on May 6th to
2091.94 on June 14th! Technology companies like Intel, XM and
AAPL dropped 30-50% from their 2006 highs – one reason we’d
recommended lowering exposure to the sector that had been un
-
derperforming	in
the	first	3	½	months	of	the	year.		Anyone	short
the S&P or
 QQQQ’s as we proposed, was at least able to hedge
some of the effects of the sell-off. Those who were conservative-
minded and went to cash as we suggested earlier in the year, can
start going shopping for bargains (more on that later!).
Indeed, being willing
 to take pre-emptive defensive action is an
important lesson, since
 I believe the market, after a wee (or not
so wee) summer rally, could see
another major sell-off before the
end of the year. As Sean him
-
self describes it,
 this year will
be	 a	 financial
 roller	 coaster	 for
the markets. When
 we start to
detect warning signs of an im
-
pending market drop,
 unless you
are a nimble trader watching the
market on a daily basis, the best
thing to do is to reduce positions
or to go completely to cash, and
wait for the ‘all-clear sign’. At
the next sign of trouble, we’ll
again do our best to warn you, so
that you can at least put in some
protective stops. And the good
news is ...
 I may soon offer my very own bi-weekly newsletter
for those who want a more timely window on the market using
our same powerful forecasting and stock picking techniques (and
a few new wrinkles, to boot!). I’ll have more information in a
future issue. But I digress.
Now, in addition
 to the thrashing of tech stocks, the sharp decline
also hit our favourite energy and metals stocks. The reason we
never recommended selling all of our metal and energy positions
is that we saw these sectors ultimately rebounding. The bigger
of these have already begun to recover! The smaller metal and
energy shares have been overlooked by gun-shy investors and
should now be scooped up now as bargains. In fact, with Copper
again mere PENNIES from its staggering $4.00/lb May peak, we
will be discussing (in part two of this issue) a couple of dynamite
new copper/gold stocks, Augusta Resource Corp (ARS.Vor AR
-
CFF.PK), and
 Copper Fox Metals (CUU.V and CPFXF.PK) that
have completely bottomed and are now clear bargains that should
move big-time in a matter of months!
In the metal
 and energy sectors, this was a LARGE, but routine
correction that is every bit a part of a rising bull market in com
-
modities. When sectors move up too quickly, hot money chases
Vol.IX,Issue  #117   July  20,  2006  AD (28  BI,  Before  Immanuella  Day  of  Appearance) Page  11  of  16
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T H E  D E L P H I  A S S O C I AT E S  N E W S L E T T E R
them, and then they correct deeply when demand wavers – and
this occurs even in bull markets. If you are a trader, you can
take advantage of this by buying the bottoms and selling the tops.
If you are an investor, simply ensure that your investments are
moving up in price, and cut those that don’t have a recent trend
of moving from the bottom-left of the chart moving to the upper-
right! Only when that trend breaks should you be forced to make
a decision on whether to sell or not.
For investors, suffering in the midst of this stock market pullback
ranks	up	there	with	taking	an	involuntary	mudbath	in	your	finest
Italian silk suit.
 However, such declines are common and neces
-
sary in a
 commodities bull market; and this drop is no a reason
for concern so long as your investment horizon is longer than a
Boy Band’s shelf life. Our portfolio of metal picks illustrates this
point very clearly. At one point in early May, my Delphi metals
portfolio actually registered a staggering 100% average gain and
a	total	gain	of	1000%!		Thus,	being	flat	since	March,	my	carefully
selected metal portfolio
 remains IN THE POSITIVE to the tune
of 66% since its inception in July, 2005. If you bought gold even
at the time of our last market update, you’re still up nicely and
were up nearly $200/oz at its high. Just prior to the SLV exchange
traded fund debuted, I said silver was due for a super spike and
if you bought then, you were rewarded with a 50% spike to $15
before silver pulled back to its current $11.40 price. By contrast,
we didn’t call the DOW, S&P and Nasdaq the “Three Stooges”
for nothing in DAN #115. After the most recent market mauling,
year to date the DOW is now up a sizzling 1.63%. The S&P is
now up a jaw-dropping 0.32%. And the Nasdaq is turning heads,
racking up a blistering -3% on the year. So, while our metals
portfolio is down over 34% from its May highs of 100% (though
down only 13% since March), it’s still beaten ALL THREE mar
-
ket indices
combined by well over 50% this year!
These	performance	figures,	along	with	the	fact	that	the	DOW	and
S&P appear to
 face serious upside resistance is the reason we
continue to favour metal and energy stocks over all other stocks.
I can’t disagree with the portfolio allocation Sean recommended
in DAN #115, of: 50% oil /energy, 30% silver, 20% gold; I like
metal shares more than energy, but truly, it’s completely up to in
-
dividual investors on
 how to distribute their holdings. We simply
bring you our best ideas and analysis, and you can choose to act
on them (or not).
And now ...
 back to the carnage. Even my best performing vir
-
tual funds, top
 heavy in metals and energy, were down big in
May-June. But they’re bouncing back fast and I’m not panicking.
These same stocks have excellent fundamentals (thanks to gold,
silver and copper prices that have moved smartly higher over
each of the last 4 years!) and will continue their march to new
highs, before correcting again – as the cycle continues. Keeping
in mind that our metal stocks are up 66% on average since July
2005 (were down to as low as 53% in June), it’s worth looking at
the sizes of some of the declines we’ve ‘suffered’ in metal stocks
just this year: August 10%, September 15%, February to March
20%, and the
 big one in May, 23%. Since August 2005, the HUI
or gold index which tracks a broad range of metal stocks shot
from 150 to a high of 400. If you had sold and given up on gold
after any of those painful corrections, you’d have missed out the
major gains that were still to come.
Not surprisingly,
 any newcomers to shares of gold and silver
companies during the last few months who’ve not lived through
corrections and periods of sideways consolidation, are doubtless
licking their wounds and wondering if this is THE DREADED
END for gold and silver. Frankly, I can’t see how that’s possible
with the economy and dollar’s fundamentals weakening daily! In
fact, the government’s net worth which in effect backs the dollar
is somewhere near a nauseating, NEGATIVE $35 trillion. That
alone is catalyst enough for dollar holders to swap into gold!
Would you climb up a rotting ladder? Me neither! Truly, a gold
coin is a gold coin and will always have inherent value – though
this	value	will	fluctuate.		On	the	other	hand,	all	paper	currencies
eventually fail and
 fall to zero because the temptation for govern
-
ments to print too much of it is just too tempting. These facts are
indisputable.
Nothing has fundamentally
 WORSENED on the metals or energy
fronts, since both the gold and oil charts are as healthy as ever and
remain ABOVE their 200-day moving averages (the truest sign of
health for a stock). Commodities plays should therefore provide
investors with further huge gains as we look into the future. And
we anticipate our gold and silver portfolio will soon revisit its
100% gain plateau!
In any event,
 if you raised some cash as we previously recom
-
mended, then you
 are in a position to pick up some great bargains
at current prices. If not, don’t panic, just hold on tight, gold, silver
and our metal shares are going higher ... MUCH HIGHER!
After such a
 serious ass-whooping, it will likely take time for the
legions of new investors who piled into metal shares to dip their
toes back into the silvery-gold tinged waters. Only those who
purchased shares on or before January are probably still looking
at	a	profit	on	all	of	their	metal	(and	energy)	positions.		However,
we think metal
 investors should look to buy shares of top energy
and metal mining companies NOW, as they offer fantastic value
while gold remains close to $600 and oil is above $70 per barrel.
In my opinion, gold has bounced off its bottom and if you’re look
-
ing at buying
 physical gold or silver and have a long term holding
strategy, NOW is a good time to accumulate (though, especially
so, if we get a pullback in the next month or so). Ditto for metal
and energy stocks. The market is all about fear and greed. We’ve
just seen FEAR.
Indeed, what happens
 when China dumps a boatload of green
-
backs and buys a warehouse of gold? Gold will start to rise and
all those who sold will buy back, much higher, sending recent
sellers into a state of self-medication. For what it’s worth, I think
Vol. IX, Issue #117, July 20, 2006 (28  BI,  Before  Immanuella  Day  of  Appearance)  Page 12 of 16
Published by P.R.I. 2207 Hermosa Ave., Hermosa Beach, Calif. Republic, 9025-2527
2/7  Order  Line:  888  52  7999  •  Office  E m a i l :  S e rv i c e @ D e l p h i A s s o c i at e s . o rg

              -
   -

                       
         
                       
                
             
             
     
         
           
           
       
       
     
            
         
                
     
       
            
              
      
                          
                 
                 
                   
                
             
                            
                      
                
                       
                        
              
                
                  
          
          
              
                              
                   
             
              
                  
         

                
           
         
              
           
     
      
      
                     
     
       
      
    
     
                  
           
         
          
               
                  
              
                     
              
                  
                
              
          
                        
                
                
                      
                      
                 
         
                           
             
              
              
                   
               
                       
               
T H E  D E L P H I  A S S O C I AT E S  N E W S L E T T E R
Okay, Jim Cramer has been an insider on
we’ll likely have seen the end of this par
-
Wall Street. He
 even worked at Gold-
ticular correction. If
 the S&P falls below
man Sachs. Why
, oh, why must he be-
this level, then
 metal and other shares
have so incomprehensibly?
 Right at the
could test their
 lows again before starting
bottom of this
 latest gold drop (when my
their climb back up.
Hedgehog and Commodo
 Dragon Funds
were scooping up DIRT CHEAP metal
shares!), Cramer was telling his minions
Volatility Returns ...
that gold was not a safe place to be. In
his next breath, however, he irresponsi
-
Can We Bear It?
bly recommended a heavily-overpriced
gold stock, located in politically risky
One thing that
 has concerned me in the
Venezuela (Crystallex, symbol:
 KRY),
seasonally slow months
 ahead is the re-
where nationalization and
 your stock go
-
cent return of
 volatility. As I mentioned in
ing from $4
 to zero overnight is a real
December’s DAN, lar
ge one-day moves
threat thanks to
 dictator Hugo Chavez!
in the market
 were uncommon over the
What’s more Crystallex
 THEN took a
preceding 24 months.
 In fact, you could
gut-churning 50% tumble
(it’s 3rd or 4th
likely count them
 on one hand. But since
gold will outpace silver in the near-term (as silver is ‘seen’ as
more speculative by many investors) and then silver will outper-
form gold as
 occurred for most of this year. And here you have a
rare opportunity to buy both metal and energy shares during a pe-
riod	as	attractive	as	July	2005	when	we	made	the	first	of	our	gold
and
 silver stock
 selections. And back then, no one (but us) rang
the bell, telling everyone to buy commodities. Fortuna fortibus
favet! Fortune Favours The Brave!
If the S&P
 can hold and base above 1220,
January, there have
 now been numerous
days when the DOW has risen or fallen 100 points or more. A
few weeks ago, the Dow was down 180 points in one day! The
Nasdaq is down 10% over the last month. The Dow has lost
about 1000 points since its high. After experiencing two years of
investor complacency (measured by the Volatility Index or VIX),
investors are again seeing fear and market volatility returning to
the	market.		We	have	no	confirmation	yet,	but	a	change	in	vola
-
tility from low
 to high as we see now, can signal the return of a
BEAR MARKET. As a result, we may have to be more selective
about when we enter and exit the market; and in future trades, we
may have to be more vigilant in cutting market losses early. Keep
this in mind. If we do get a rally and the S&P can’t break 1300
(and ultimately, 1327) then that suggests weakness, so you might
consider	taking	profits	or	going	to	cash.
That’s why I’m
 operating as though this next up move
(over the next 4-6 weeks) is strictly a trading rally where the S&P
rises and hits resistance around 1290-1300 and gold hits perhaps
$700 and turns down while the sleepy summer doldrums kick
in;	that	is,	unless	the	Middle	East	continues	to	flare	up.		Keep	in
mind, before this market makes its next serious move higher, it
may well be bent on wringing every bull out of it, through: a) a
long period of consolidation and grinding sideways, though it is
more likely through both b) fresh declines from late July/August
into the Fall and c) up-chucking volatility that leaves everyone
reaching for the Gravol. In the meantime, continue to maintain
your core positions in metal and energy.
Mad Money:

Still Barking At

The Moon!

in a year) on just such concerns! In any
event, I can’t think of a better gold buy signal, than Cramer’s cau
-
tion to wait for gold to fall.
This is a
 quirky fellow who, two years ago was laughing at gold
bugs and telling his viewers gold would go down because of ris
-
ing	interest	rates!		Then	when	he	finally	got	around	to	telling	his
viewers
 to buy
 gold THIS YEAR, the metal was right at an in-
terim top and
 gold proceeded to fall $50/oz right after his call!
Terrific.		And	when	Cramer	finally	belly-flopped	onto	the	silver
bandwagon, he picked
 Pan American Silver, one of our original
July 2005 Delphi metal picks. Incredibly, his recommendation
of PAAS soon had the effect of a 10% correction in its shares.
And now, bearing a hallmark of the infamous Cramer curse, Pan
American is now the worst performing silver stock in our port
-
folio. Yuck! In
 summation, Cramer’s advice is valuable. The
twist here is that listening to him and then doing the opposite is
often far more lucrative! As you can see, he is getting sneaky
now, sounding bearish on gold while recommending gold stocks
(huh???). I guess if the man takes both sides of a bet, he can’t
lose. From a contrarian perspective, what’s even more bullish
for gold than ‘the Inverse Cramer Indicator’ (The I-C-I or ICKY
INDICATOR!) is that a few longtime commodity market bulls,
such as Paul Van Eeden are beginning to question whether the
commodities bull is over. This concern is addressed and dispelled
later in my column by a fairly astute fellow by the name of Jim
Rogers, who has made a FORTUNE in commodities trading.
Vol.IX,Issue  #117   July  20,  2006  AD (28  BI,  Before  Immanuella  Day  of  Appearance) Page  13  of  16
$65  Investment  and  tax  deductable  donation  for  12  issues,  1
st
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T H E  D E L P H I  A S S O C I AT E S  N E W S L E T T E R
Vol. IX, Issue #117, July 20, 2006 (28  BI,  Before  Immanuella  Day  of  Appearance)  Page 1 of 16
Published by P.R.I. 2207 Hermosa Ave., Hermosa Beach, Calif. Republic, 9025-2527
2/7  Order  Line:  888  52  7999  •  Office  E m a i l :  S e rv i c e @ D e l p h i A s s o c i at e s . o rg
[Heavy metal  by QUIET RIOT.  Not to be confused
with  Mad  Money’s  Jim  Cramer,  a  madman  we
expect would not appreciate good metal!]
oil:gold ratio of 17.65 would place gold at $1235 / oz. So, we are
still quite early in the gold game! What’s even more interesting,
is that I think oft-forgotten silver could even outperform a strong
gold price over the next 12-36 months!
Oil and Energy Updates
Natural Gas – $6. Expect a rebound, as high oil prices should
eventually translate into higher natural gas prices. Its chart (not
shown) looks to be forming a bottom after a parabolic rise from $6
to $14 and back again. Chesapeake Energy is a good solid natural
gas play, with considerable insider buying in recent months and
for the last year. It has also held up like a titanium storm shelter
during this sell-off. (Symbol: CHK). Since my March update,
natural gas has risen as I forecast. As no one is talking about
natural gas, there are likely more gains to come on that front!
Oil -  $78. Global tensions, supply disruptions, increasing de
-
mand, dollar weakness and speculation have contributed to soar-
ing prices. All of that and Hurricane season is now upon us! So
long	as	oil	remains	above	$65,	crude	oil’s	trend	remains	firmly
in place – UP! And there’s a lot further to go. Quality energy
stocks that have been hammered are especially good pick-ups at
this point.
The Larger Picture:

Where Oil Predicts Gold is Heading!

(MUST READ!)

You might want to note that oil and gold have moved in unison for
large portions of the last few years – so if one moves higher, odds
are the other will do likewise. The big exception has been during
gold’s drop from $720 to $550
while oil has remained fairly sta
-
ble. But this
 recent dislocation
is likely due to gold’s parabolic
run-up which pretty much could
only be resolved by a drop down
(nothing goes straight up with
-
out a pullback
 or pause). It’s
also my opinion that gold will
outperform oil in the next 12-
18 months, and
 both will return
to trade at their historical ratio
of 15 to 1 (from 1946-2000).
If gold returns to its 15:1 ratio
and	 oil	 stays
 flat	 at	 $70,	 we’re
looking at $1050/oz gold mini
-
mum. If oil moved to $100 per
barrel, gold could double and hit
$1500/oz simply based on their
historical relationship. For oil
to hit $100/barrel, a lot of mucky STUFF would have had to hit
the fan, and $1500 gold might actually look cheap. It’s also worth
noting that oil traded at 16.86 times the price of gold from 1972
to 2000 and 17.65 from 1980 to 2000. At current oil prices, the
Ethanol – Before
 any other media source jumped on the band
-
wagon, The Delphi Newsletter was FIRST to recommend ethanol
companies in this powerful growth sector. Our ethanol mentions
have all rocketed as much as: 40% (ADM), 300% (PEIX), and
200% (NSOL.OB)! Ethanol itself climbed from $1.40/gallon to
a high of $3.00 per gallon for a +100% gain!
THOSE ‘CRAZY’ COMMODITIES! A “MET-
AL” HEALTH CHECK-UP
A quiet riot has indeed erupt-
ed amidst the
 base metals
camp. While gold and silver
have gotten all the glory in
the press, metals such as zinc,
copper, aluminum, lead and
nickel have charged ahead.
Commodity Price Changes
just
 since July, 2005 when we
forecast gold and other com
-
modities would
rise!
Here’s what happened
 (just
prior to the correction) ...
COPPER. From $1.60 to
$3.86! ... 141.5% GAIN!
ZINC. From $0.50 to 1.64!
... 228% GAIN!
ALUMINUM. From
$0.80 to $1.36! ... 70% GAIN!

NICKEL. From $6.50/lb to $9.50! ... 46% GAIN!

LEAD. From $0.40 to $0.52! ...30% GAIN!

And Uranium. From $29.50 to $42.75! ... 45% GAIN!

              -
   -

                  
                
                
              
                
                                
   
        
           
           
            
      
     
         
         
     
       
      
        
    
     
    
    
               
                    
               
                      
                        
                 
             
            
                 
           
                  
        
                     
     
                     
                   
               
              
                  
                 
          
                
                      
        
 
 
   
    
        
       
   
      
    
   
         
     
     
      
    
   
         
                
                   
    
               
                     
 
                   
                       
                
       
                  
                    
                   
                
            
  
               
              
                     
   
    
T H E  D E L P H I  A S S O C I AT E S  N E W S L E T T E R
THE LEGAL “BURNING” OF THE DOLLAR
Quick! Someone call in the currency coroner! That’s right -- the

American greenback is in worse shape than your Aunt Minny’s

blueberry-anchovy	muffins.		Others	would	say	the	US	dollar	index
has taken up
 a new sport. It’s called ... cliff-diving! And heck,
if you bought into Canadian dollars or Canadian stocks when we
first	suggested,	good	for	you!		You’ve	had	the	opportunity	to	bank
as much as 10% just on currency alone.
The US Dollar
 is certainly is a horrible chart to look at and it
should make everyone quea
-
sy.		Only	five	years	ago,	it
took
 $1.60 Canadian
 to buy
one US dollar. At one point
last month, it a mere buck
and 8 cents. Such is the si
-
lent destruction of
 wealth.
Worse yet, we can’t even
track how crazy the Fed is
going at the printing press
because they are no longer
required to report the num
-
bers! (The dark
 overlords
in charge claimed it was too
expensive to compile the
figures	 and	 then
 put	 them
into little paper notebooks.
Hahahahaha! That’s pretty
hilarious. What would hap
-
pen if you
 told your boss straight-faced that it’s just too costly
for you to provide details of your expense account? He would
kick you in the butt with his expensive Versace golf shoes, that’s
what!).
Fact: At its
 recent low, the US dollar dropped 7% just since last
July. That’s 7% of YOUR net worth snatched by a thief in the
night and a total of 14% you don’t have because your investments
weren’t denominated in Canadian dollars. Oddly, the green
-
back’s death-wobble
 doesn’t seem to concern the media enough
to warrant any sense of urgent coverage. You’d think a situation
this dire might would be addressed on that widely watched, but
largely	irrelevant	TV	 station	 that
 perpetually	 flashes	 the	 words
“Situation Room” or “Breaking News” across the bottom of the
screen.	Alas,	if	you	were	a	foreigner	watching	CNN	for	the	first
time, you’d think
 America’s economic picture was just peachy-
keen! There’s scarcely any mention, let alone discussion of it.
American	News	is	all	over	those	hard	issues,	you	know	...	flag
burning and American
Idol.
Anyway,	 once	 the
 dollar	 has	 finished	 its	 temporary	 bounce	 on
this last drop by gold, the dollar has much further to fall. If the
dollar is denied near the 90 resistance level again and drops down
through the 80 mark, that’s when gold would go berserk to the
upside,	banging	the	final	gong	for	everyone	to	seek	shelter	from
the	final
stage	of	a	currency	collapse!		Exactly	when	that	might
happen is unclear, but the weak dollar chart implies those days are
numbered!		What	we	do	know	is	that	the	Fed	is	fiddling	with	in
-
terest rates, not
 to stop gold’s rise/the dollar’s demise but to make
gold and the dollar’s established trends play out in a slower, less
dramatic and more orderly manner. Who knows, perhaps they’re
just hoping no one will notice! I say old chap, there’s nothing
quite as inoffensive as a nice, orderly dollar crash ...
Mr. Rogers Roars: “TAKE THE BULL BY THE
HORNS!”
(A MUST-READ!)
Commodities guru Jim Rog-
ers recently shared some
of his expert analysis on a
number of topics, including
the dollar and commodi
-
ties/stocks. Here are
 some
highlights:
• Commodities are no

different from other mar
-
kets, in that they are bound
to have big corrections from
time to time
• He said he
 would not
sell commodities even if
they correct 30-40% be
-
cause they WILL go back up.
• Copper and zinc
 were due for a correction. “But one
has to know that nobody has opened any mines in years and all
the existing mines are depleted.”
• China is the only emerging market he’s invested in.
• “Although copper is
 touching new highs, it is still far
below	its	all	time	high	adjusted	for	inflation	and	so	is	zinc,	lead
and others.”
• He is BEARISH
 on the dollar, and he would SELL
dollars.
• He humbly claims
 he doesn’t “have a clue” of where
commodities are heading next month or in three months, but Rog-
ers knows
they’ll keep “heading higher” this decade.”
• In the 1970s,
 gold rose 600% and then went through
a two year decline of 50%, only to turn around and rise another
800%! This just shows you gold can correct BIG-TIME in a
BULL MARKET and come back to life even stronger. That’s
precisely why gold and silver investors should have a time hori
-
zon	beyond	6-8	months.		Suffice	it	to	say,	over	the	short-term,	any
investment
 can drop.
If nothing else,
 the calm, reasoned and steady approach of the two
greatest investors in the world Jim Rogers and Warren Buffett,
grants us permission to relax and take a longer view during these
turbulent times.
TO BE CONTINUED!!!!
Vol.IX,Issue  #117   July  20,  2006  AD (28  BI,  Before  Immanuella  Day  of  Appearance) Page  15  of  16
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st
class  delivery  add  $12
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T H E  D E L P H I  A S S O C I AT E S  N E W S L E T T E R
DAWN OF THE REDBACK
By George Ure
 http://urbansurvival.com/week.htm
Sean David Morton has seen the future
- and if you live outside the US, that future
may  include red  $100  bills.  This  is  an
extremely  important  story;  so  let  me  start
with the background so you’ll have a good
sense of the economic playing field.  Sean’s
report  will  make  a  lot  more  sense  that
way.
There  are  several  reasons  that  despite
the  falling price  of  precious  metals
money  inside  the  US  would  have  another.
How do you separate the different dollars?
Color-coding is one way to do it, although
there are naturally extreme difficulties with
electronic transactions.
Now  to  Sean-David  Morton’s  report.
After  I recently  reported  on  the  rumor  of
the “REDBACKS” in my April 8th report.
But  today,  Sean-David  Morton  has  been
kind  enough  to  send  us  a  full  report  on
what he has seen for himself:
Netherlands”
The   people   were   listed   and   licensed
as “APPROVED
DIPLOMATIC
HANDLERS” and were a SECURITIES and
FINANCE firm. We met with these men and
went out to lunch, and had a quite pleasant
and   jovial   conversation   about   politics,
world  finance  and  the  future  of  the  global
markets. They knew me by reputation, and
had  actually  heard  me  a  number  of  times
on the radio via the Internet. I guess I have
quite a following in the Netherlands.
Later,  we  wanted  to  see  the  money
in the past week, I am continuing to
that   was   being   transported   before
hedge as though all major purchases
any  more  business  was  to  take  place.
will be made at substantially higher
Usually  this  is  done  via  wire  transfer
prices  than  what’s  available  today.
and bank-to-bank deposit, but because
The  reasons  are  purely  economic:
of  the  high  incidents  of  fraud  in  this
The  Bush  war  in  Iraq  was  recently
particular  part  of  the  world  where  it
reported  to  be  costing  $1-trillion
came  from,  cash  was  the  only  thing
dollars   (or   more)   and   with   a
that was trusted.
miniscule manufacturing base, the
The two men we were dealing with
US  has  only  one  way  to  pay  for
took  us  to  a  high  security  warehouse
it: monetize (paper) the debt.  This
and there was a section that contained
will  have  the  effect  of  “watering
a  series  of  vaults.  We  entered  one  of
down”    the    purchasing    power
the vaults, and they opened a case and
of  US  currency.    It’s  also  why  I
they showed us the capital that was to
believe  the  trend  for  a  declining
be transported.
dollar  is  now  reasserting  itself  in
After this, one of the men who was
the markets.
The  second  major  reason  has
to  do with  the  balance  of  trade  deficit,
which we duly report has been in a massive
uptrend  and  shows  no  change  in  course.
And then, there are the recent IMF/World
Bank  statements  that  the  US  dollar  is  too
strong.
It’s against this backdrop that we’ve also
discussed ways for the US to get “out of the
box canyon” from a policy perspective.  A
quick check of history would suggest that
hyperinflation  is  a  workable  route,  as  the
Weimar  Republic  (Germany  circa  1923)
experience  was  only  a  few  short  years.
Conversely, a deflationary collapse, which
began  in  1929  in  the  USA,  took  America
more   than   10-years   to   recover   from.
Instructively, both ended in World War II.
Now  you  may  recall  that  I  recently
published  a note  from  sources  that  there
were  reports  of  “red  currency”  being  in
place  in  strategic  centers  outside  of  the
United  States  -  apparently  in  preparation
for a two-tiered currency system.  The way
such currency works is this: Money outside
the US would have one exchange rate, while
*    *    *    *
“Dear George,
One  of  my  friends  and  subscribers  said
that you had some questions regarding a few
things I saw while on a business trip to the
Netherlands, and I just wanted to give you
the straight scoop on what I experienced.
In  April  of  2005  I  went  to  Amsterdam
for  five days  to  finalize  a  financial  deal
that  regarded  paying  a  number  of  fees
for  a  transport  of  capital  from  Africa,  to
Holland  to  some  banks  in  Andorra.  This
deal  is  my  private  business  and  I  shall  not
give any more details, but it was something
that  I  had  been  working  on  for  a  number
of years.
I  was  taken  via  limo  with  my  partner
in   the deal   to   some   offices   that   were
adjacent  to  a  number  of  warehouses  in  a
warehouse  /business  district  that  was  near
the Amsterdam airport.
Again,  this  was  a  private  affair  that
demands  some
delicacy  but  part  of  the
address was:
“Schipol,  Clearing  House,  Schipol,  The
friends  with  one  of  the  warehouse
guards,  asked if  they  could  enter  another
section   of   the   warehouse,   and   he   was
agreeable, and said all right and we went to
another very large section.
There, with the permission of the guards,
they  opened one  large  steamer  sized  case
that  was  filled  with  the  new  “large  face”
Ben  Franklin  US  $100  bills.  They  were
under  what  appeared  to  be  heavy  glass  or
plastic with large circular metal bolts at the
top.
I  could  only  see  the  FACE  SIDE  of  the
FRONT  of
the  bills  under  the  glass.  The
bills  had  a  RED  TINGE  or  coloring  on
either side of the large FACE of Franklin.
The   men   said   that   there   were
approximately $60 BILLION worth of
these "REDBACKS" (their words, not
MINE)  all  printed  and  ready  to  go,  in
banking  centers  around  the  world  and
that  they  were  to  be  used  as  part  of  a
"Contingency  plan"  for  a  secondary
foreign  US  currency,  or  USDs  that
Vol. IX, Issue #117, July 20, 2006 (28  BI,  Before  Immanuella  Day  of  Appearance)  Page 16 of 16
Published by P.R.I. 2207 Hermosa Ave., Hermosa Beach, Calif. Republic, 9025-2527
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DAWN OF THE REDBACK
              -
   -

T H E  D E L P H I  A S S O C I AT E S  N E W S L E T T E R
could   ONLY   be   used   outside   the
United States.
I asked when they thought this would
happen and they said that it would be later
that  year  (2005)  or  the  next.  They  were
NOT  SURE  and  were  only  guessing  as  to
why they were there. They said the bills had
only arrived a few weeks before, which of
course had raised a great deal of curiosity
in many of the financial markets.
Again,  I  ONLY  SAW  INSIDE  ONE
CASE. There were numerous similar cases,
which I ASSUMED would be filled the same
way, but that is ALL I DIRECTLY SAW.
We went back to the office and concluded
our business.
will.
You  have  a  fantastic  web-site  and  we
need more
people like you out there giving
the warnings and sounding the klaxon call.
Let us gather like Titans and storm Mount
Olympus together!
MAY MIGHTY ANGELS KEEP YOU
NOW   AND ALWAYS!   May   the   silver
chalice of the Holy Grail be placed within
your heart to catch all the power, love and
grace of the Infinite Radiant Creator!
Blessings!
Sean-David Morton
~END STORY~
expectation that overseas goods will
I  do  not  know  why  so  many
climb  steeply  in  price  as  the  year
people are making such a gigantic
continues.   That,  and  a  new  freezer
fuss over this, but that is the story
to store the output from our garden
as it happened.
when the crops start coming in - plus
I  feel  that  this  information  has
a Seal-a-Meal with lots of bags.  All
now been vindicated, as only a few
these  kinds  of  goods  would  likely
weeks ago, the brand new Hamilton
go  up  in  price  within  months  as  oil
$10 bill is now in circulation, and
prices break through to new highs.
it  HAS  A  RED  TINGED  DYE  all
We’re  not  the  only  ones  who  see
around the face parts and back of
the inflationary workout - watch the
the  bill,  only  slightly  lighter  than
fall of the US dollar and the price of
the  red  dye  I  saw  on  the  USD
gold  and  silver  as  key  indicators  of
$100s.
what’s to come.
My THEORY is that the US
economy  is  about  to  go  into  free
ShortageS ahead:
fall  and  enter  a  “printing  press”
Steve  Quayle  was  kind  enough  to
economy, as I have predicted, and
share a letter from one of his readers
I  feel  that  is  happening  NOW.  A
two-tiered  currency,  just  as  Japan
did  in the  1980s,  would  allow  them  to
hyper-inflate  the  dollar  here  at  home,  and
keep  the  dollar  more  stable,  against  the
Euro, overseas.
Also, let’s say they pass a law that says
you  can only  use  REDBACKS  outside  the
USA, and that all other USDs will become
FIAT in, say, 120 days. Most estimates put
illegal  USDs,  both  counterfeit  and  drug
money  outside  the  USA  at  about  $100
billion. Can you imagine people with huge
amounts  of  CASH  going  into  banks  to
trade it in for NEW REDBACKS?
They     would     be     photographed,
fingerprinted, or
possibly arrested. It means
that  this  money  would  DRY  UP,  and  just
disappear,  and  VIOLA!  The  Fed  Reserve
Note suddenly becomes that much MORE
valuable  without  another  single  piece  of
paper being printed.
Again,  I  am  only  trying  to  provide
information  to the  world  and  my  fellow
man,  and  have  no  real  vested  interest  in
outcomes. So do with all of this what you
Morton’s report may mean
any number of things:
* First, it could mean that the US has
an  “emergency plan”  in  place  to  impose
two-tiered  currency  in  the  event  of  a  real
shock  to  the  US  economy.    If  we  had  a
huge terrorist event within our borders, for
example, global confidence in the US dollar
as the reserve currency might be shaken to
such an extent that a new currency outside
the  US  (with  different  purchasing  power)
would be a useful policy tool.
*Along  the  same  lines,  a  massive
collapse  of the  US  economic  system  under
its own weight might also be a cause for a
two-tiered currency.
* We also need to note that the currency
system itself might come under attack from
one or more rogue states seeking to destroy
the  US  currency  by  simply  printing  it  up
wholesale.   We’ve  seen  reports  that  North
Korea,  for  one,  may  be  engaging  in  large
scale  counterfeiting  operations.     This  is
particularly   significant   because   the   bills
involved were $100 bills!
If a large-scale currency change is in the
future, I’d
bet  that  it  will  be  against  an
inflationary background.   That being said,
there  are  several  things  the  small  investor/
just-regular-human  can  do.    Accumulate
a  good  home  supply  of  food,  put  in  your
own  garden,  that  sort  of  thing,  so  that
you’ll be able to restraint price increases at
the  grocery  store  by  supplementing  higher
priced  food  with  previously  purchased  or
home grown.
Another tack:  Elaine and I will be taking
delivery  of our  new  Japanese-built  tractor
later this week based on my personal
about the current gasoline shortages
in a couple of key Eastern states:
“We still have gas shortages in the form
of closed
pumps here in the Tidewater, VA
area.  There  are  also  a  number  of  bags  on
the  diesel  pumps.  There  is  no  ethanol  in
diesel. This, despite AMACO has a refinery
approximately  25  air  miles  from  where
I   sit.  This  refinery  is  called  the  AMACO
Giant refinery; justifiably so.
“On  Friday,  the   21st,  I  personally  saw
gas  lines that  were  are  bad  as  any  during
the Arab  Oil  Embargo.   On Saturday, the
22nd,  I  had  a  chance  to  have  an  in  depth
conversation  with  an  independent  trucker
who  had  thrown  in  the  towel.  She  was  a
team  driver  and  said  that  more  and  more
independents  cannot  bear  neither  the  fuel
costs. I mentioned the toll situation and she
rolled her eyes in frustration.
“Please pass this to your audience.
She   said that   in   2   weeks,   we
WOULD start seeing the beginnings
of  shortages  appear  on  the  store
shelves.”
Vol.IX,Issue  #117   July  20,  2006  AD
(28  BI,  Before  Immanuella  Day  of  Appearance)

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T H E  D E L P H I  A S S O C I AT E S  N E W S L E T T E R
NO SOCIAL SECURITY NUMBER!

Yes, you read it correctly.  How would you
like  to  learn  how  to  work,  bank,  invest  and
own  property  without  providing  a  social  se­
curity  number?   For  years  you’ve  been  read­
ing about the coming global government, The
Mark  of  the  Beast,  and  other  erosions  of  our
freedoms.   But  how  can  you  protect  yourself
from it?   There actually are ways that you can
protect your assets and secure financial privacy
that are recognized under current law.
Through the use of trusts, LLCs, partner­
ships, and
even corporations, it is possible for
you to own and control assets without having
your ownership and control publicly revealed.
It’s  possible  to  legally  establish  entities  that
cannot  be  pierced  by  creditors,  including  the
IRS  and  other  governmental  and  quasi-gov­
ernmental  agencies.   So  if  you’re  tired  of  be­
ing  exposed,  tired  of  worrying  about  losing
everything  you  have, then  this  is  something  I
strongly recommend you consider.
Here’s  the  basic  premise:  You  can  form
an  e
ntity,  such  as  a  limited  liability  company
(LLC), and transfer assets to it.  You continue
to  enjoy  the  ultimate  beneficial  ownership  in
the  asset  by  owning  the  membership  interest
in the LLC.  However, your personal creditors,
including  the  IRS  and  other  governmental
agencies,  cannot  reach  the  underlying  assets,
and  even  if  they  foreclose  upon  your  mem­
bership  interest  (which  many  states  prohibit
them  from  doing), they  cannot  reach  the  un­
derlying asset, if  the LLC or other entity is set
up properly.  I cannot emphasize enough that
not  all  entities  are  the  same, and  not  all  LLCs
are created equal.  Just like there’s a difference
between  buying  a  new  Mercedes  and  buying
a  used  Ford  Pinto, so  there  is  a  difference  be­
tween having a good asset protection plan and
a plain vanilla corporation.
You can also use an entity to interact with
the  w
orlds  of  commerce  and  banking.   Don’t
want to contract in your own name?  Worried
about  compromising  your  status?     Operate
through  a  protective  entity.   For  example,  if
you  have  a  corporation  set  up  (including  one
in  a  favorable  jurisdiction  such  as  Nevada  or
Wyoming),  you  can  contract  through  it.    It
won’t  be  your  information  that  will  be  dis­
closed, but only the information pertaining to
the  corporation.   Significantly, when  you  sign
a contract on behalf of a corporation (such as
in your capacity as a director or officer), you’re
not  liable  for  the  contract,  even  if  you  fail  to
perform.   In  this  day  and  age, when  big  busi­
ness and big government have such a strangle­
hold  over  us,  we  need  every  edge  we  can  get
just
to survive.  If you’ve had any dealings with
our court system, then you know how biased
it is against the little guy.
For  years  I’ve  known  and  been  working
with
the  professionals  at
Fortress  Protec­
tion Services.
I know the owner personally
and  we  use  their  services  for  our  own  needs.
I  cannot  more  highly  recommend  them.   So
due to your many inquiries, I have now made
arrangements to make their services available
to our subscribers.  Here are some of  the key
services they offer:
_Set up a bank or brokerage service with­
out providing a social security number.
_Keep  your  bank  and  other  financial  ac­
counts free from creditors’ claims.
_Protect  real  estate  from  claims  of  credi­
tors, attorneys and even government agencies.
_Anonymously  hold  title  to  real  estate,
securities, insurance, intellectual property, ve­
hicles and other assets.
_Learn how to work and contract without
providing a social security number.
_Avoid probate and conservatorships.  Re­
member that these court proceedings are cre­
ate  yet  another  opportunity  for  creditors  to
take  your  hard-earned  money  and  property
away from you.
_Set  up  a  cell  phone  or  computer  phone
number for anonymous communications.
_Do  all  of  the  above  without  providing  a
social security number!!!
I know some of you may find it hard to be­
liev
e that these goals can still be accomplished
in  this  world  of  surveillance, information  re­
cording  and  total  government  control.   But  I
assure  you  that  it  can  be  done  because  I  my­
self have done it!  Privacy is harder to achieve,
but  for  those  who  are  serious  it  still  can  be
achieved.
You  may  have  heard  that  the  regulations
unde
r  the  False  Patriot  Act  require  an  indi­
vidual to disclose “his” social security number
(we  put  the  word “his” in  quotes  because  the
number  really  belongs  to  the  federal  govern­
ment), but  this  is  not  actually  true.  Without
getting too technical, 31 CFR 103.121(b)(2)(i)
does  require  a  “U.S.  person”  to  disclose  his
“taxpayer identification number,” but accord­
ing  to  31  CFR  103.121(a)(7)(ii),  the  term
“U.S. person” includes, “A  person  other  than
an individual (such as a corporation, partner­
ship, or trust), that is established or organized
under the laws of a State or the United States.”
So  while  the “U.S.  person” does  have  to  dis­
close a “taxpayer identification number,” there
is  no  requirement  that  an  individual  who  is
signing on behalf of a legal entity also have to
disclose  his  own  SSN.   We’re  so  used  to  just
automatically  providing  the  number  to  any­
one who asks that we lose sight of the fact that
this  is  usually  not  backed  by  a  legal  require­
ment, but instead by coercion, peer pressure,
and sometimes even out-and-out fraud.
The professionals at Fortress Protec­
tio
n  Services  will  help  you  set  up  protective
entities  such  as  limited  liability  companies
(LLCs),  limited  liability  partnerships  (LLPs),
limited liability limited partnerships (LLLPs),
limited  liability  trusts  (LLTs),  corporations
(including  for-profit  corporations, nonprofit
corporations,  and  corporations  sole).     Al­
though  the  company  is  managed  by  an  ac­
credited  accountant  (who  can  also  provide
traditional  accounting  services,  for  those  of
you who are interested), they are not the same
as your local CPA or tax attorney because they
specialize  in  securing  privacy  and  asset  pro­
tection.  Of course, for those of you who have
the need, setting up these types of entities can
significantly reduce your taxes, but that’s sec­
ondary  with  them.   Their  primary  goal  is  to
protect the assets that you have, because they
know  that  your  first  goal  is  to  preserve  what
you  already  have.   So  if  you’re  serious  about
learning  how  to  operate  without  a  social  se­
curity  number,  then  this  is  a  service  that  is
definitely for you.  I will no longer operate any
other way.
Their information is too good to give away
and  so
they  only  deal  with  clients  on  a  one-
on-one  basis  by  appointment  only.   To  find
out  more,  please  call  1-505  635  4164  from
9:00 a.m. to 7:00 p.m. MT.  They often receive
a lot
of calls, so please don’t hesitate to leave a
message.  They will get back to you, and usu­
ally the same day.  Nor do you need to contact
me  directly  about  doing  business  with  them
as  this  is  my  endorsement  to  you  right  now.
Should you decide to do business with them,
they’ll  deliver  everything  they  promise,  and
perhaps  most  important  of  all,  they’ll  bring
you peace of mind.
Vol. IX, Issue #117, July 20, 2006 (28  BI,  Before  Immanuella  Day  of  Appearance)  Page 18 of 16
Published by P.R.I. 2207 Hermosa Ave., Hermosa Beach, Calif. Republic, 9025-2527
2/7  Order  Line:  888  52  7999  •  Office  E m a i l :  S e rv i c e @ D e l p h i A s s o c i at e s . o rg

              -
   -

T H E  D E L P H I  A S S O C I AT E S  N E W S L E T T E R
­ A trust should be
the primary component
of your estate plan
because:
_A  will  is  essentially  you  giving  instruc­
tions  to  the  probate  court  on  how  you  want
your  estate  distributed,  but  with  a  trust,  you
can  completely  avoid  probate.   Probate  is  not
only   expensive   and   time-
to  compel  her  to  leave  property  to  her.   What
if  she
remarries?  What if  she loses touch with
your children?  These aren’t pleasant topics, but
for many people they are real possibilities.
_Although  a  living  trust  normally  doesn’t
provide  any  lifetime  asset  protection,  we  can
certify  the  trust  as  a  Delaware  limited  liability
trust (LLT).  This both provided a layer of asset
protection, even  while  you’re  alive  and  a  ben­
eficiary of the trust estate, and can draw litiga­
consuming,  but  it’s  also  one
last c
hance  for  your  credi­
the   trust   estate   remains   the
owner  despite  the  passing  of  a
tors to reach your assets.  The
way probate works is first the
trustee or beneficiary.  Instead,
court pays off creditors of the
you   can   name   a   successor
tr
ustee  to  take  over  for  you, as
decedent,  then  it  pays  credi­
tors of the heirs, and then the
well as naming your final ben­
heirs  get  any  remaining  bal­
eficiaries.
ance ou
tright.
Durable powers
of attorney are the
_With  a  trust, there  is  no
probate,  so  there’s  no  forum
next element:
for  your  creditors  to  assert
_ A durable power of
their claims.
attorney  permits  you  to  name
some
one, or a series of  people,
_With   a   will,   you   can
who  can  make  healthcare  and
protect  the  trust  assets  from
financial  decisions  for  you  in
claims  of  your  beneficiaries’
the  event  you  become  legally
creditors.   You  can  also  pre-
incapacitated, but without
vent   outright   distributions
your family having to initiate a
to   beneficiaries   whom   you
court-administered   conserva­
feel may not be competent to
handle
the money or proper­
ty.  Instead, it can be managed for them by the
trustees, and the trustee can be someone whom
you designate now.
_A  credit  shelter  trust  can  be  included  in
your  trust  so  as  to  combine  your  personal  es­
tate tax exemption with that of your spouse, al­
lowing you to double the value of property you
can  legally  leave  to  your  beneficiaries  entirely
free of tax.
_With a living trust, your beneficiaries don’t
have to lose the stepped-up basis, which allows
their  basis  to  be  the  fair  market  value  (FMV)
of the bequeathed property at the time of your
passing.
_In  the  event  you’re  in  a  second  marriage,
or you and your spouse otherwise have differ­
ent  heirs,  you  can  provide  that  the  surviving
spouse will have a life estate in the trust estates,
but  also  name  final  beneficiaries  now.   This  is
called  a  QTIP  trust,  or  qualified  terminable
property  trust.   In  contradistinction  to  this, if
you  use  a  will  and  name  your  spouse  as  your
heir,  she  will  be  the  sole  owner  of  the  prop­
erty  and  your  children  will  have  no  recourse
your  name,  we  can  provide  for  a  very  simple
pr
obate  by  providing  that  the  trustees  of  the
trust  will  be  your  sole  heirs.   This  type  of  will
is  called  a  “pourover  will”  and  if  you  have  to
have  probate, this  is  the  simplest  probate  pos­
sible.   Probate  is  necessary  because, when  you
have title to property, only you can do anything
with it, whether that action be selling it, mort­
gaging  it, leasing  it, etc.   But  if  you  pass  away,
then you obviously can’t act.  Hence your heirs
have to probate your estate.  On the other hand,
if property is held in trust, then
tion into Delaware.  Delaware is the only state
that has
a  specialized  chancery  court  which
only  hears  disputes  regarding  Delaware  trusts
and  entities.   Over  half  of  all  publicly-traded
corporations,  including  58%  of  the  Fortune
500,  are   incorporated   in   Delaware   because
they  know  this  court  will  protect  them.  With
today’s  out-of-control  judiciary,  it’s  only  the
power  of  competition  that  protects  the  little
guy.  If the Delaware Chancery Court steps out
of line, then people will stop filing in Delaware.
With other courts, you have little recourse.  So
the  bottom  line  is  that, if  you  have  to  litigate,
your  best  chance  for  a  fair  resolution  with  a
judge  who  will  take  your  trust  seriously  is  in
Delaware.
The next component
of the estate plan should be
a will because:
_The will is the only instrument that allows
you  to  name  a  guardian  for  your  minor  chil­
dren, and...
_In the event any property remains titled in
torship.  A  conservatorship  re­
ally  isn’t  a  good  thing  because
it’
s expensive, it’s time-consuming, it comes at a
terrible time (is there ever a good time to go to
court?), and the conservator has to periodically
report back to the court, which of course costs
even more money.
_Although  it’s  not  a  pleasant  topic,  in  the
durable power you can make provisions for fu­
neral, burial, or  other  memorials  and  disposi­
tions  of  your  remains.   It’s  very  hard  for  most
of  us to talk to our family about this, but with
the  durable  power  of  attorney,  you  can  make
your  wishes  known  in  writing  and  the  topic
won’t have to be addressed again until the time
comes.
The  final  component  of  the  estate  plan  is  a
co
nservatorship  document.   This  is  important
to have because, in the event your family does
have to go to court, you will at least have made
your wishes known to them.
For those who want a higher level of  asset
pr
otection,  it’s  possible  to  set  up  entities  such
as  limited  liability  companies  (LLCs),  limited
partnerships  (LPs),  and  even  limited  liability
limited  partnerships  (LLLPs).   Your  shares  in
these entities can in turn be held in the trust.
Vol.IX,Issue  #117   July  20,  2006  AD (28  BI,  Before  Immanuella  Day  of  Appearance) Page  19  of  16
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aThe Men Who Sold the World 

this unprovoked pre-emptive actions, 
and finally gave up.that it would lead to dire consequences 
Besides, the Israeli’s could do all the for America and the world, to which the 
dirty work for him, which had been the president replied, “Bring It On!” 
plan from the beginning when the US This led to a revolt inside the 
gave Israel 300 Excaliber class nuclear Pentagon and by the Joint Chiefs of 
bunker bombs to go after Iran. This Staff who disobeyed direct orders from 
was foiled when Ariel Sharon sold the the Commander-In-Chief with the 
missiles to the Red Chinese, completing rationale that they did not have to take 
a much-needed link in their war-orders from someone they considered 
machine chain. Ariel pocketed most of incompetent and quite possibly 
the cheddar, along with millions off the clinically insane. Some of this story is 
top from the Gaza Strip deal where the only NOW hitting the world press: 
US paid Israel $30 billion to pull-out in 

	 By	SEAN-DAVID	MORTON 
(This issue is dedicated to the memory of my 

Step-father, and REAL DAD, Jay Franklin 
Salaman. He raised me to know what is right and 
I would not be the person I am without him.) 
In the previous issue I revealed that 
the US was in the process of planning a 
series of atomic bomb strikes inside Iran. 
That the US was at RED ALERT and 
battle groups were in position for this to 
take place on March 29th. On March 24th 
a dossier was placed on the president’s 
deck explaining the repercussions of 

Seymour Hersh’s latest article explains 
some of the details now being revealed 
of how Armegeddon “didn’t go down.” 
Excerpt: 
“ In late April, the military leadership, 
headed by General Pace, achieved a major 
victory when the White House dropped 
its insistence that the plan for a bombing 
campaign include the possible use of a 
nuclear device to destroy Iran’s uranium-
enrichment plant at Natanz, nearly two 
hundred miles south of Tehran. The huge 
complex includes large underground 
facilities built into seventy-five-foot-deep 
holes in the ground and designed to hold 
as many as fifty thousand centrifuges. 
“Bush and Cheney were dead serious 

about the nuclear planning,” the former 
senior intelligence official told me. “And 
Pace stood up to them. Then the world 
came back: ‘O.K., the nuclear option is 
politically unacceptable.’” At the time, 
a number of retired officers, including 
two Army major generals who served in 
Iraq, Paul Eaton and Charles Swannack, 
Jr., had begun speaking out against the 
Administration’s handling of the Iraq 
war. This period is known to many in the 
Pentagon as “the April Revolution.” 

“An event like this doesn’t get papered 
over very quickly,” the former official 
added. “The bad feelings over the nuclear 
option are still felt. The civilian hierarchy 
feels extraordinarily betrayed by the brass, 
and the brass feel they were tricked into 
it”--the nuclear planning--”by being asked 
to provide all options in the planning 
papers.”. 
~END STORY~ 
NOT	THE	WHOLE	STORY 
This does not tell you the WHOLE 
story of what REALLY went on behind 
the scenes, because they DO NOT want 
anyone to know that Iran now has nuke 

warheads for its unstoppable SUNBURN 
missiles, given to them by the Ukrainians, 
which they got from Vladimir Putin 
and Russia...ALL BECAUSE of Bush’s 
BELLIGERENCE, and his religious 
belief that by starting Armageddon, that 
he will some how bring JESUS back. 
You will also notice that even AFTER 
the Joint Chiefs of Staff refused this insane 
plan back in March, that it was STILL on 
the table and not entirely rejected until 
late April when Bush realized he was not 
getting anywhere with this approach 

the largest behind-the-scenes real estate 
deal in history Mr. Sharon now sits in a 
coma. 
Now NO ONE at the Pentagon wants 
to take orders from Bush, stating to me 
that: “the CHEESE has totally slipped 
off the President’s Cracker” and they no 
longer feel obligated to take orders from 
a madman they now seriously consider 
“Clinically Insane.” And I DO NOT make 
that statement lightly. 
This is ALL stuff that is not even heard 
about inside the Beltway, but that I can 
ASSURE you is true. 

Now everything has gone to “PLAN 
B” as the Israeli’s are doing all the dirty 



       

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Sean at United Nations Press Conference 

T H E D E L P H I A S S O C I A T E S N E W S L E T T E R 
work for us, and it is only a matter of time 
before the US gets involved on Israel’s side. 
You will notice over the next few weeks as 
Israel invades Lebanon and bombs Syria, 
that all of this attention is being focused 
on an area called THE BEKKA VALLEY. 
Some of you may remember that three 
years ago I reported here that I had remote 
viewed four facilities inside Iraq that 
were manufacturing the famed WMDs, 
under the supervision of RED 
CHINESE scientists. I also told 
you these were ALL moved into 
a series of caves in THE BEKKA 
VALLEY, and that is where the 
US and Israel will be focusing 
most of their firepower. 
Syria and Iran have a mutual 

defense treaty, so any attack on 
Syria will broaden the conflict, 
but also give the US Carte 
Blanche to bomb pretty much 
anyone all over the Mid-East. 
The extra-added advantage 

is Israel will now use this as an 
excuse to take back the Gaza 
Strip and keep America’s $30 
billion. Uncle Sam gets boned again. Let’s 
hear it for our greatest Ally in the Middle 
East. 
Meanwhile, Russia’s, and Vladimir 
Putin’s, involvement in all of this from 
behind the scenes is the real story. Russia 
is in the middle of a fight that nobody 
is going to win and everyone is going to 
lose again! Putin has been betrayed by 
Bush and Blair in all his deals and the 
guys directly under him, want his head 
on a platter and he is spending all of his 
time, making sure NATO doesn’t get into 
Georgia and the Ukraine. 
Those paying attention to the news may 
have caught the fireworks going on between 
Bush and Putin at the G-8 summit. Bush 
referred to Putin’s wife as “Mrs. Puteena”. 
Bush said from the podium he had hoped 
that Russia would be more democratic. 
Putin replied that he would prefer the 
democracy they have rather than the type 
of democracy the US had set up in Iraq. 
Bush literally yelled from his seat, “Just 
you wait!” 
This was a veiled threat that Putin is 
going to be replaced very soon, that the 

US is plotting a major regime change 
in Russia, and, there is currently a $100 
billion fund being set up to democratize 
Cuba and bring it back under the US 
sphere of influence when Castro dies, 
which is expected in the next 18 months. 
Mr. Putin probably doesn’t sleep well 

at night at all. 

THE WORLD’S GREATEST 

BANK ROBBERY
 
The ORIGINAL Delphi Associates was 
set up many years ago by Russell Targ, the 
Father of Remote Viewing, as an investment 
group that was used to put psychics and 
Remote Viewing to the test predicting 
the outcome of SILVER FUTURES and 
prices. In the first year they were 10 for 12 
in their picks, meeting once a month and 
making one pick each month. 
In subsequent Stanford experiments 
using RV on Random Number Generators, 
specifically Roulette Wheels, our group, of 
whichElizabethTargandIwerebothmembers, 
we were 7 for 10 with one pass (which I felt we 
HIT and should have bet on!) 
My record in the stock market has been 
spectacular, unparalleled and unsurpassed. 
I have called ALL the highs and lows of the 
market, giving EXACT DATES for rises 
and crashes over the last 14 years. In fact 
I PAID for my entire college education 
at USC with a GEMCO scholarship 
award and a $5000. investment in GOLD 
COINS bought in 1974 when gold was 
$32. per oz. By the time I graduated USC 

in 1980 with multiple degrees in Political 
Science and a Bachelor of Fine Arts 
(and only one semester shy of degrees in 
Organic Chem and Astronomy) gold was 
$850. per oz. 
In fact I turned what was left of the 
gold into nearly half a million in the 
stock market, buying such stocks as 
KINGWORLD ENTERTAINMENT 3 
months before Wheel of Fortune, Jeopardy 

and OPRAH went on the 
air. I had similar successes 
with stocks such as shoe 
company LA GEAR. 
Since July of 2005, 
stocks and metals that 
I have recommended 
have seen an increase of 
a WHOPPING 347%, 
leading my personal 
friend, who was head of 
Goldman Sachs and is 
NOW Secretary of the 
Treasury, Henry Paulson, 
Jr. to comment, “I can’t 

believe you only charge 65 
bucks for that newsletter.” 

Goldman Sachs booked a 40% profit 
last year. They made billions and I got 
$65. But now that he is Secretary of the 
Treasury Hank said he would at least buy 
me lunch this fall. 
After being begged by so many friends 
and family, I finally broke down and 
formed THE DELPHI ASSOCIATES 
INVESTMENT GROUP. We have put 
together a quarter million dollar fund to 
trade the Foreign Exchange market, or 
what used to be called Arbitrage. 
The reason I wanted to start doing the 
FOREIGN EXCHANGE MARKETS 
is it allows me FREE REIGN to use my 
psychic abilities, Remote Viewing skills, 
and technical expertise´ without having to 
wait for future world events, stocks to go up 
or down, or for entire markets to rise and 
fall. I wanted to be able to make money 
RIGHT NOW, as I believe we are simply 
running out of time and For-Ex was the 
BEST and FASTEST way to do this. 
Each night I do a trance meditation and 
work with a number of charts that represent 
various world currencies, charting out 
the graphs as I see them forming before 

Vol. IX, Issue #117, July 20, 2006 (28 BI, Before Immanuella Day of Appearance)  Page � of 16 
Published by P.R.I. 2207 Hermosa Ave., Hermosa Beach, Calif. Republic, 9025�-2527 

2�/7 Order Line: 888 �52 7999 • Office Email: [email protected] 



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T H E D E L P H I A S S O C I A T E S N E W S L E T T E R 
the next days trading. I then send these 
to my analyst Daryl Weber in Montreal, 
and he makes all the trades based on that 
information the next day. 
Daryl and I can make trades on the 
account, but	 only	 I	 have	 the	 power	 to	 
actually	ACCESS	the	 funds.	NO	ONE	 
ELSE! I am the crazy psychic that is using 
RV and dowsing to predict the trends 
and lines each night, and Daryl has the 
technical wizardry to make the trades and 
turn that into MONEY. 
Trades are done from LATE SUNDAY 
NIGHT THROUGH THURSDAY. 
Each Thursday the week’s profits will be 
calculated for each member. 
With everyone’s involvement and the 
kind of money we have been making 
we are already stressing the limits of the 
account. 
I EMAIL everyone WEEKLY REPORTS 
on what their money did for the week. We 
do PAYOUTS every fortnight on the full 
and new moon. AT ANYTIME members 
can get out ALL or any portion of their 
funds but there is a 15% Capital Gains tax 
charged on profits. 
This system has worked out so well that 
we have made 80 trades with only 7 for 
losses. Only SEVEN losses! This means 
that we are averaging 3 to 5% PER DAY, 
and in the last month we have had gains of 
12%, 19% and 26% in a single day. When 
you consider that THE best money market 
account 1-year CD pays 4.25% with no 
liquidity, and we are making that in a DAY 
on average, you can see how it adds up. 
This is incredibly exciting for me! 
I get to practice my abilities and get 
confirmation of my predictions virtually 
right away. I get to be of direct service and 
financial benefit to my close friends and 
family in a way that we can ALL prosper 
together, and the For-Ex markets are like 
the life-blood and central nervous systems 
of every nation on earth. So I can SEE 
the vortexes, confluences, convergences 
and concordances of ENERGY as it is 
happening. It is the SHADOW of spirit 
that precedes the physical manifestation 
of world events. Don’t get me wrong; it 
takes nerves of steel, ice water for blood 
and supreme confidence to make this 
work, but that is part of the stimulation 
and excitement. 

I mention all this because of events 
that transpired the morning of April 12th, 
which are not only a precursor of the 
world war we are about to see, but to give 
you a glimpse of what the Wizard of Oz is 
doing back there behind the curtain. 
I got a panicked call from Daryl Weber 
at 6:15 AM PST, April 12th. It was 9:15 AM 
his time in Montreal, and he asked me 
to turn on my computer and take a look 
at what was going on. The Euro, British 
Pound Sterling, Canadian and Australian 
dollar at exactly 8:30 Am EST all began 
to PLUMMET against the US dollar. But 

they had all started doing it at the SAME 
TIME. 
“Oh my God, Daryl!” I exclaimed. “Are 
there missiles in the air or something? Did 
somebody declare Armageddon and not 
tell us?” 
We watched in shock and horror as all 
the lines continued to nosedive for the 
next few minutes. Then at exactly 9:27 am 
EST, at the EXACT SAME MOMENT, 
every line on the screen hit some imaginary 
floor and then rocketed up 100 pips in less 
than three minutes. 
At 9:30 am EST the Feds announced 
that the US Trade Deficit figures were 
some $30 billion better than anyone 
expected. What they were not telling 
you is that those numbers were all 
manipulated by counting bombs, guns, 
planes, tanks, ammunition, mercenaries 
an soldiers pay in Iraq and Afghanistan… 
AS AN EXPORT! So now WAR, death 
and murder is the single biggest export of 
the United States of America. 
But someone had 

FOREKNOWLEDGE of these numbers, 
and had successfully managed to 
manipulate the markets, and the currencies 
of 5 major governments in advance to pull 
off what amounted to the biggest bank 
robbery of ALL TIME…and it happened 
right before our eyes. 
Whoever it was successfully managed to 
steal an estimated STOLE $47 TRILLION! 
I reported on it in my newsletter and JUST 
TWO WEEKS AGAO it was reported in 
the London Times with investigations by 
the NSA/CIA/FBI and SEC. Only the 
Bush Crime Syndicate and the Israelis 
have the PROMIS II software and the 
“SWORDFISH” back door codes to pull 
off that kind of heist. I believe it was a 
PAYOFF for NOT bombing IRAN, and to 
provide Israel with the capital to wage their 
current war against Lebanon and Syria. 
But there is FAR more to this going on 
behind the scenes: 

THE CRIME LORD 

GIGA FUND
 

By Greg Szymanski (23 June 2006) 
New World Order Stealing Americans 
Blind With Illegal Overseas Giga-Fund 
Estimated At $55 to $300 Trillion!!! 
London Based International Currency 
Review backs up Leo Wanta’s story about 
how the Bush and Clinton crime families 
have ripped-off U.S. Treasury money to 
fund the destruction of America. 
While the country is preoccupied with 
terrorism, the war in Iraq and 9/11, thugs 
controlling the takeover of America are 
stealing citizens blind to the tune of $55 
to $300 trillion dollars, according to an 
undercover financial report by the London-
based International Currency Review. The 
up-to-date report just released confirms 
that $27.5 trillion first raised from 1989-
1992 to finance the imposition of the New 
World Order has now covertly blossomed 
into much, much more as Americans have 
been conveniently “made to look left when 
they should be looking right.” 
But important stories like this usually 
get buried, ignored and overlooked 
in favor of rebellion in the streets and 
cockeyed symposiums for truth. Sadly, 
it’s usually the emotional gut wrenching 
extravaganzas rushing thousands to the 

Vol.IX,Issue #117 July 20, 2006 AD (28 BI, Before Immanuella Day of Appearance) Page 5 of 16 
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T H E D E L P H I A S S O C I A T E S N E W S L E T T E R 
streets “crying foul” that gain attention by 
the masses. 
In fact, it is the intelligent crooks 
behind the scenes, including the entire 
U.S. Congress and Executive, who are 
quite content with rebellion, rioting in the 
streets and 9/11 conferences just as long as 
the real heat of activism stays away from 
the important issue ….. MONEY. 
But while Americans remain 
hoodwinked, some investigators are 
toiling away tirelessly in the background, 
following the real stories and the money 
trail first raised by U.S. Treasury agent 
Leo Wanta, whose project authorized by 
President Ronald Reagan to destabilize 
the Russian currency at the end of the 
Cold war generated vast sums of money to 
be returned to the U.S. Treasury. 
However, according to Wanta and other 

investigators tracking the New World Order 
money trail, trillions ended up in private 
accounts in order to finance the biggest 
project of all: “the installation of the New 
World Order, to borrow a phrase used by 
George H. Bush who lifted the phrase from 
former Russian President Gorbachev, who 
still heads up a KGB contingent operating 
in the United States,” according to reliable 
intelligence sources. 
And if the truth ever be told about who 

really was responsible for stealing the 
vast sum of money now funding the New 
Word Order, their nefarious and criminal’s 
actions could once and for all be put to 
rest in favor of a healthy Republic. 
Although the amounts stolen and used 
for clandestine affairs is mind boggling, 
the giga fund first amassed by Wanta is 
expected to mature to more than $300 
trillion by 2012 when it is expected “to 
be rolled over” increasing the value 
immensely, according to European 
intelligence sources tracing the intricate 
bank scheme. 
The London-based Currency Review 
in Volume 28, No 4. in March 2003 first 
provided financial details of the biggest 
private loan operation in human history, 
started with U.S. Treasury funds amassed 
by Wanta but then covertly transferred 
into private accounts to fund the global 
takeover. 
In essence, the irony lies in the sad fact 
that treasonous American politicians and 

corrupt businessmen are using money 
earmarked for the U.S. Treasury to fund a 
global campaign to destroy America instead 
of using the money for the betterment of 
the country. 

Since the initial reports of the 

massive global fund first surfaced, Wanta 
and several other witnesses have come 
forward naming names and listing actual 
bank accounts and records that have 
printed in previous Arctic Beacon articles. 
Uncovering that the amount of money 

was so staggering and far exceeded any 
amount imaginable, the story has been 
shunned by the mainstream even though 
it is thoroughly backed up by federal court 
documentation and other information 
leaked by U.S. Treasury whistleblowers, 
some who have been threatened with their 
lives for divulging the information. 
Further, the information has been 

in the hands of the U.S. Congress for at 
least three years, but has been suppressed 
since it opens the door to the immense 
fraud being perpetrated on the American 
public. 
“By that we mean that the documents 

given to Congress detailing the raising 
of the gig-funds were included among a 
batch of other documents showing billions 
being scammed into private trust accounts 
in the Cayman Islands and elsewhere,” 
said the recent International Currency 
Review report, “wither from the trillions 
of dollars raised for the Global Security 
Environment financing operation or from 
Black Operations’ monies employed to 
wage financial warfare operations against 
targeted foreign governments. 
“They also show, inter alia, transactions 

via the Federal Reserve approved by Dr. 
Alan Greenspan which, to put it mildly, 
raises many questions, including why some 
of the funds in question were disappearing 
into privately held trust accounts held on 
behalf of well-known intelligence-linked 
barons.” 
Besides trying to trace the culprits behind 
the giga-fund scam, the International 
Currency Review also provided succinct 
reasons why the fund was established 
using U.S. finances. 
“The reason such a large fund was 
established was to provide the hidden 
directors of the New World Order with 
unlimited resources. We of course refer 
to these people as the New Underworld 
Order because it is an irredeemably corrupt 
operation to ensure absolute global power 
and control stays in the hands of the self-
appointed geo-Masonic elite,” added the 
financial report. 
“Their intention is that all states be 
abolished and governance will devolve 
into the hands of the faceless, invisible 
controllers as has happened in the 
European Union Collective. This is in fact 
just another prototype of the New World 
Order regional government model. Brussels 
is where the global fund is managed and 
where a very large contingent of CIA nest 
supervises the management of the colossal 
resources mobilized for this purpose. 
The proportions of these resources are 
so gigantic that the funds have to be 
churned perpetually. One trader involved 
with these transactions says that he sees 
Global security Fund transactions on the 
foreign exchange every day and night. The 
proportion of the New Underworld Order 
finances can be compared with the U.S. 
domestic debt(see data in report).” 
For the entire International Currency 
Review story, go to http://www.911komplott.de/ 
downloads/Global_Security_Fund.doc 
Greg also has his own daily show on the 
Republic Broadcast Network. www.rbnlive.com 
and is an independent investigative journalist 
and his articles can been seen at www. 
LewisNews.com. He also writes for American 
Free Press and has his own website www. 
arcticbeacon.com 

~END STORY~ 

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T H E D E L P H I A S S O C I A T E S N E W S L E T T E R 
THE	BILDERBERGER’S	MEET
 
THE	INCUNABULA	WARS
 
BUSH	CLEARING	HOUSE
 
TAKING	OUT	ENEMIES
 

June 9 to 11 the infamous Incunabula/ 
Bilderberger power cabal met in Ottawa, 
Canada to decide what they are going to 
do with the world for the next year. The 
rift between the BushCrimeSyndicate 

principle. Bush’s chief economic advisor 
was sitting in the front row when all of this 
was being discussed and said nothing. One 
Bilderberger was heard to comment, “Those 
stupid American’s deserve everything that 
is about to happen to them.” 

With all that being said, the 
BushCrimeGang, which includes Bill 
and Hilary Clinton, Henry Kissinger and 

of the case. 
It was also revealed that British 
operatives involved in the Friday, May 26 
shootout at the House Rayburn building-
parking garage had been seeking files in 
DeLay’s office in an attempt to recover 
evidence regarding indicted GOP lobbyist 
Jack Abramoff. 
Two UK agents and one French 
operative were killed in the covered up and European Royalty has now grown 
Rayburn gunfight and then removed so wide that it looks to many observers 
from the House parking garage in body to like open war amongst the Insider 
bags, all of which was suppressed by Elite. This rift began in 2002 when it 
Capitol police and the national media. was decided to give the Bush faction 
In exchange for his grand jurythe green-light to invade Iraq, but only 
cooperation, Delay received to take out Saddam and to leave the 
transactional immunity fromcountry intact. Instead Bush blew the 
prosecution.country to smithereens so his buddy 
Bush	administration	worried	about	Dick Cheney and Haliburton (who 
Powell	and	Tenet	testimony? booked an 86% profit last year) could 
Former Bush 43 Secretary of State get all the contracts to rebuild the 
Colin Powell had previously testified country…just like they did back in 
last summer according to intelligence 1991. And to allow the Bush family a 
sources who added that former CIA continued presence there to control all 
Director George Tenet has also provided the oil in the Mid-East. 
testimony against Mr. Bush before the This left Bilderberg insider George 
grand jury. Soros so angry that he spent millions 
Individuals around Powell toldsetting up AIR AMERICA, the left wing 
intelligence sources that the formerradio network, with the sole objective 
secretary of state was taken to an Aspen, of stopping Bush and pals. If you have 

seen AIR AMERICA’s pitiful ratings, 
he has not done a very good job. 
A number of plans were agreed upon 

and placed in motion: 
1. That they were happy with the 
obscene profits they were currently making 
on the price of oil. That oil prices would 
stay in the $70 to $80 pbl. range for the 
time being. Raising oil above this level 
for an extended period would collapse a 
number of their other industries which 
are, of course, dependant on oil. 
2. That there was to be NO BOMBING, 
INVASION or WAR with Iran. Bush’s 
actions in March were discussed at 
length, and they all agreed that stopping 
him was the right thing to do. 
3. That interest rates along with 
inflation were going to skyrocket. This 
means that millions of Americans with 
variable mortgage rates would lose their 
homes. In fact most Americans are not 
only so far in debt, but only pay off the 
interest on their homes and NONE of the 

David Rockefeller, seem to have decided 
that the Bilderbergers can take a long 
jump at the end of a short rope. In fact 
they have grown so powerful that they are 
turning on their former masters, and many 
of the real arguments behind the scenes 
are just how they are all going to divide 
up the power, and who gets what after the 
US, Canada and Mexico are all smashed 
together. 
But there are other problems, and you 
are seeing only the tips of the icebergs of 
this clandestine war.  

SHOOT	OUT	AT	 
THE	CAPITOL	CORRAL 
By	TomFlocco 
Washington—July	7,	2006— 
Former GOP House Majority Leader 
Tom Delay testified against President 
George W. Bush before one of Special 
Prosecutor Patrick Fitzgerald’s grand juries 
during the week of May 22, according to 
U.S. intelligence sources with knowledge 

Colorado hospital today after a meal 
with former President Clinton and others 
participating in the Aspen Ideas forum. 
Those close to the former Chairman of 
the Joint Chiefs of Staff told the sources 
that they were originally worried that 
Powell might have been the victim of 
an attempted poisoning; but Powell later 
returned from the hospital and said he was 
fine. 
Last week Kenneth Lay, convicted 
former CEO of bankrupt Enron 
Corporation and close friend of George 
W. Bush, was found dead of a reported 
heart attack in Aspen, Colorado. Delay’s 
body was being processed through at the 
SAME TIME Colin Powell was there for 
his “mystery illness”. Must have been a 
very interesting week for the doctors and 
police of such a small town. 
Drugs	and	money-laundering	 

cited	in	Abramoff	case	testimony 
Intelligence sources said former 
Majority Leader Tom DeLay “joined GOP 

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T H E D E L P H I A S S O C I A T E S N E W S L E T T E R 
California Representative Jerry Lewis in 
cooperating with Department of Justice 
officials before the grand jury.” 
Evidence presented included criminal 
activities related to convicted GOP 
lobbyist Jack Abramoff; and part of 
DeLay’s testimony dealt with drug money-
laundering activities linked to Mena, 
Arkansas, former President Bill Clinton 
and former First Lady and current Senator 
Hillary Clinton. 
DeLay reportedly provided evidence 
and testimony regarding approximately 
17 areas of criminal evidence involving 
Mr. Bush; however, the full scope of the 
testimony was not revealed. 
One intelligence source told 
TomFlocco.com that “DeLay knew 
about Clinton-Bush assassination teams 
in the United States, details of the Vince 
Foster murder, the John F. Kennedy Jr. 
assassination, and events surrounding the 
September 11 attacks and the Oklahoma 
City bombing. 
Delay was allegedly “up to his eyeballs 
regarding retirement accounts, gifts 
and income issues” linked to his family, 
the government probe of his campaign 
finance activities and links to questionable 
contributions regarding a former House 
staffer employed as a lobbyist according 
to the sources. 
On July 24, 1998 Delay was nearly 
assassinated himself in his Capitol Hill 
office; and intelligence agents knew 
that he was aware of multiple criminal 
activities linked to the Bush and Clinton 
crime families, adding that the former 
House leader “knew where the bodies 
were buried.” 

Covered up 

Rayburn gunfight
 

The shootout at the House Rayburn 
building was covered up by legislative 
leaders and a White House well aware 
that DeLay was due to vacate his House 
office on Friday, June 9. 
This left a rapidly decreasing window 
of opportunity for those who also knew 
he had testified before the grand jury at 
the end of May and might have evidence 
regarding the content of that appearance 
still remaining in his Capitol Hill office. 

The May 26 Rayburn altercation likely 
closed the door on any opportunity to 
covertly confiscate documents from 
Delay’s office before he officially left the 
House of Representatives just two weeks 
later, given heightened security awareness 
in subsequent days. 

The gunfight between British, French 
and Israeli agents turned into an exchange 
of automatic weapons fire on the level 
just below daily activities involving House 
members and their staffs on the floors 
above. 
According to multiple U.S. intelligence 
sources, the collateral damage to 
automobiles was substantial enough 
that Capitol police closed the Rayburn 
building over the weekend, temporarily 
removing the license tags from bullet 
ridden vehicles and turned the garage into 
what amounted to an auto-body shop. 
Blindfolded repairmen were reportedly 
flown in from Albuquerque, New Mexico 
after being offered compensation well 
above their normal pay to “remain silent 
about a secret operation requiring their 
services in Quebec, Canada.” 
The Rayburn gunfight took place 
with the full knowledge of Bush officials 
since formal protests and reports were 
exchanged by the British and French 
governments which were provided to the 
administration according to high national 
security sources. 

The documents presented to Mr. 
Bush were classified under arcane 
U.S. intelligence regulations to further 
sequester the evidence from the American 
people. 
The national media has not reported the 
existence of the British and French protest 
documents sent to the president. 
~END STORY~ 

THE STRANGE DEATH OF... 
Kenneth Lay, as many of you may know, 
was the number one contributor to the 
Republican Party in the 2000 election. 
Bush flew around the country in a private 
ENRON jet, and Lay even had his own 
office in the White House. 
Lay was incensed that his government 
Bigwig pals were going to hang him out 
to dry. Lay was threatening to spill all the 
beans, name names and squeal about where 
ALL the bodies were buried if he was not 
cut some kind of secondary deal where the 
President could pardon him in 2008, or do 
something to keep from spending the rest 
of his life in the slammer. 
Again, in a world with this kind of 

money, and near total control of the media 
it is not clear to me that Kenneth Lay was 
poisoned, or he got the deal he wanted 
and an elaborate scheme was put in place 
to fake his death. (Believe me, it happens 
ALL the time!) It is also not clear yet, if 
his death removes him from the chain of 
control of his estate. If it does, the Federal 
Court cannot take one dime from his 
heirs, who will reap millions of the illegal 
money the Court had not yet taken. So 
yet another strange twist to the case. 
But it gets WEIRDER STILL: 

Top American General 

Targeted As 


US Military Faction Split 

Leaves One Dead
 

By: Sorcha Faal, July 8, 2006 
(and as reported to her Russian 
Subscribers) 
Russian Intelligence Analysts are 
reporting today that a factional split 
has emerged among Americas Military 
Leaders that has left one of their Top 
Generals, and Former US Secretary of 

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T H E D E L P H I A S S O C I A T E S N E W S L E T T E R 
throughout the Motherland, and which “We’re saying this is intentional,” saidState, Colin Powell, injured and has also 
is to include a further increase of Special Louis Garcia, the city’s chief fire marshal, resulted in the death of the Bush Families 

chief fundraiser Kenneth Lay. Department and FSB troops to be deployed 	 adding that the modifications could have 
been made by “anybody who is handy.” These reports state that a meeting to secure underground bunkers. 
Plastic tubing had been connectedbetween rival factions of Americas Elite 
with a radiator valve to the main gas line Leaders held this past week in Aspen, ~END STORY~ 
in the basement of the Upper East Side Colorado, and headed by the former US 
building, Garcia said. With the valve left President Bill Clinton, turned violent 
open, gas was able to flow freely into the when Kenneth Lay was murdered after 
house for hours before the blast.his threats to expose the Counter-Coup 
The explosion on Monday hurledplotters unless his conviction for being 
fireballs high into the sky and left the America’s top corporate embezzler was 
upscale block covered in bricks, broken overturned. 
glass and splintered wood. At least 15 Retaliation for this murder was swift, 
people were injured, including fivehowever, by the targeting of General 
civilians and 10 firefighters. Colin Powell the following day during a 
Authorities have been investigatingmeeting of the plotters, and that included 
whether Dr. Nicholas Bartha, the lone President Clinton; and in an ironic ‘twist’ 
occupant during the blast, might have to this affair had his life saved by the 
caused the explosion rather than sell same doctors, and at the same hospital, 
the house as part of a divorce judgment that had likewise attempted to save the 
favoring his ex-wife. Bartha, a physician life of Kenneth Lay. 
who lived and worked in the four-story This latest split between the current 
building, remained in critical condition warring factions of the United States 
Tuesday after being rescued from the Military Leaders appears to be centered 
rubble a day earlier. on the ruling order of the North 
Detectives “want to talk to him, but American Union, and which is the new 
haven’t been able to because of the extent Confederation formed between the 

former nations of the United States, 
Canada and Mexico. 
Perhaps most interesting about these 
reports are the details on how the elite 
warring factions of the Americans 
communicate with each other through 
news references to the popular American 
soft drinks Coca Cola and Pepsi, and which 
these reports state that following these 
attacks the news that Pepsi had cooperated 
with the FBI in thwarting a theft of secrets 
from Coca Cola was actually a coded 
attempt to declare a truce between these 
factions. 
This type of communication between 
various Western factions is not new, and 
was in fact perfected by the German Nazi 
regime during last century through their 
use of coded adverts in both Germany and 
America by Ford Motor Company and the 
German industrial giant IG Farben. 
Russian Military Analysts are further 
reporting that President Putin, and in 
response to these latest events in the 
United States, has ordered an immediate 
realignment of Russian Military Forces 

But it does not end THERE! 
Former Secretary of State and former 
Soviet Agent Henry Kissinger, the long 
time Svengali of the Rockefeller/Bush 
families in the US, was on his way to the 
New York City office of Doctor Nicholas 
Bartha, his personal physician, at 34 East 
62nd Street for a scheduled appointment 
when he was delayed in traffic. 
That tardiness probably saved Kissinger’s 
life, since the house blew up during the 
time Kissinger was supposed to be there. 
Yet another Bilderburg Sacrifice gone 
awry, perhaps? 

NEW	 YORK	 (July	 11) - Investigators 
confirmed Tuesday that a gas line had 
been tampered with before a landmark 
town house was leveled by an explosion, 
narrowing their focus on the building’s 
owner, who is suspected of setting off the 
blast in a botched suicide attempt during 
a bitter divorce. 

Blast Amid a Bitter Divorce 

of his injuries,” police spokesman Paul 
Browne said. 

~END STORY~ 
On Saturday night, July 15, Dr. Bartha--
who had been in a coma for almost a week-
-passed away at New York-Presbyterian/ 
Weill Cornell hospital. He was 66. 
Surprise, surprise. No witnesses left at all. 
Are you seeing the pattern I am seeing, 
and that WAR is at hand amongst those 
in power as they all jockey for a position 
in their New World Order that is so close 
at hand. Already dividing the spoils over a 
victory they see as a foregone conclusion. 
So if the Bush’s and the Bilderbergers 
have “Gone to the mattresses” like some 
Mafioso gangland war between the 
Corleone’s and the Soprano’s, one can 
only hope that they would be better shots. 
And what of all of us caught in the 
crossfire? Do we rise from the land and sea 
like malformed angry Titans and storm 
Mt. Olympus to put an end to this tyranny 
once and for all? Or do we sit back, do 
nothing and just become the slaves of the 
Men Who Sold the World? 

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T H E D E L P H I A S S O C I A T E S N E W S L E T T E R 

PART ONE:

  By Nicholas Winton

July 19th, 2006.


Born in Johannesburg, South Africa, Nicholas is a To-
ronto-based consultant, investment writer and self-taught stock 
researcher. A graduate of The University of Toronto, he’s stud-
ied the Ancient World, Semiotics, and Literature, rubbed shoul-
ders with the real-life Indiana Jones, Dr. Vendyl Jones, and once 
toured the hidden underground of Jerusalem’s Old City, joined by 
a mysterious Rabbi with a Black Belt in Kung Fu. 
	 Nicholas	believes	we	can	benefit	from	observing	market	
trends that will shape our investment future and by extension, our 
own world’s future. His strategy uses technical and fundamental 
analysis, contrarian-thinking, as well as monitoring insider pur-
chases and sales of stocks. 
At Marketocracy.com, his top-quartile ranked Hedgehog Fund 
(a virtual mutual fund seeded with a virtual $1 million bankroll) 
has nearly tripled over its 3-year existence while conforming to 
strict real-life mutual fund restrictions. Marketocracy.com is a 
groundbreaking	financial	experiment,	as	the	site’s	top	performing	
portfolios trigger actual buys and sells within a real-life mutual 
fund called The Masters 100 Fund (Symbol: MOFQX) that has 
beaten the S&P 500 since its inception in November 2001!  

In turn, Nicholas’ Hedgehog Fund (represented by the 
orange line) has widely outperformed both the Masters 100 Fund 
(the purple line) and the S&P 500 since its inception. Shares of 
both his Hedgehog Fund and Commodo Dragon 600-12 Fund 
cannot be purchased. But readers will soon be able to access the 
top secret holdings in these funds! 

(The Hedgehog Fund, courtesy of www.Marketocracy.com) 

Thank you, readers! Amazingly, has now been ONE year
since Sean invited me and my entire arsenal of trading weapons
from The Hedge Hog Fund to sail on the good ship Delphi! In
fact, ever since the appropriately titled “MONEY MATTERS”
newsletter in July 2005, where we called for gold and all com-
modities to rise sharply, we’ve seen gold soar from $420 to a
high of $720 an ounce! Silver, which both Sean and I theorized
was set for even larger gains than gold, zoomed from $7 to $15
an ounce! And copper, the metal most vital to our infrastructure,
skyrocketed from $1.60 to $4 per pound! And lastly, oil, that
slickest of commodities, climbed from $45 to a staggering $78
per barrel! And while those gains have been immense, we expect
more gains on all fronts in the months and years to come. 

More recent market events have also unfolded as Sean and I have 
forecast – with a loud, exclamatory THUD! 

In my last column, way-y-y-y-y-y back on March 7th (Delphi
#115), I tendered the following caveats: 

o Since Google, a handy proxy for the health of a specu-
lation-happy market, had dropped $100 per share in a short pe-
riod “the wholesale selling of this stock market sweetie indicates
the markets are ripe for a correction.”

o “[W]e are in the weakest seasonal period … for stocks
… [and this is] a major strike against the market continuing to
defy gravity.” 
	 o	“[The]	amount	of	cash	flowing	into	mutual	funds	has	
now approached record highs, previously seen only in February
2000!” 

o “[I]f everyone’s fully deployed their investment capital,
then just who will be there to buy stocks during a sudden, unfore-
seen decline? For that answer, you need only ask shell-shocked
investors who bought into the market right before it fell off a cliff
in March of 2000.” 

o A close under 1280 on the S&P is “bearish and forms 
the right shoulder of a common market decline pattern ‘head and
shoulders.’ ” 

o Ditch “any crazy, [or] tech-heavy” mutual funds in hot
sectors! Why? Most mutual fund managers are not allowed to
go to cash and must remain invested even during the worst times.
Yuck! And to boot, they charge a TON to sell them just when you 

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T H E D E L P H I A S S O C I A T E S N E W S L E T T E R 
need to, to avoid getting killed. That’s why I hate most mutual
funds. 

o “[M]inimize technology and non-commodity exposure
until we see signs of a bottom.”

o Short the QQQQ’s and the S&P 500.
o Trim investments to raise cash. “Having cash on hand

never hurts, since you can always use it to buy deeply oversold
stocks … once the market has bottomed.” 

o “Considering we may soon see a correction in the DOW,
S&P, et al, selling could conceivably extend to metal shares.” An
understatement, for sure!

o “Right now, the market looks tired, overbought, and in
need of a major breather. Caveat emptor.” 

In hindsight, this looks like
pretty decent advice. Even 
though we’d been warning of
a potential market plunge for
several months, I wish we had
been	 able	 to	 get	 out	 one	 final	
Delphi warning (with a car-
toon-sized megaphone!) in May
before	I	was	out	the	office	and	 
out of range of the internet for
an extended period. The reality
was this: I had a May column
already written warning of an
imminent drop (the central clue
was in noting how gold shares 
were no longer rising, even 
though physical gold was) but
Sean had a very trying month
and in addition, the printers (longtime clients of Sean’s) of the
DAN had some issues, so we couldn’t put the issue out. 

One of the realities with following our investment updates pub-
lished on a not necessarily predictable monthly or (recently) bi-
monthly basis, is that investors alone must decide to buy and sell
when the market rises or sells-off – or even, to do nothing at all.
I do wish to reiterate that one week after Delphi #115 on March
17th, Sean sent out a subscriber email alert with some of my cau-
tions, stating “If the S&P hits 1310 and holds, that WOULD sig-
nal a break above resistance and likely one last major spike up
to fool everyone.” And jeepers, did it ever! The market then
moved sideways for 6 more weeks, lulling people into a state
of	 complacency	 as	 it	 temporarily	 defied	 that	 ominous	 statistic	
we cited about mutual fund managers having already invested
every red cent of their clients (leaving no money to prop up a
falling market!). The market eventually tested 1310 and spurted
upwards, hitting multi-year highs at 1327. Then, at precisely at
the wrong moment, Market Bears covered their shorts and Mar-
ket	Bulls	bought	stock	with	both	fists,	as	both	sides	anticipated	
a powerful new surge was imminent! Both were wrong, and the
rest was history. 

When the entire market did have its brutal sell-off, the WORST-
FARING index of the big three was the tech-heavy Nasdaq that
I had urged concern over. The NASDAQ lost nearly 231 points
or 11.6% as it plunged from a high of 2366.56 on May 6th to
2091.94 on June 14th! Technology companies like Intel, XM and
AAPL dropped 30-50% from their 2006 highs – one reason we’d
recommended lowering exposure to the sector that had been un-
derperforming	in	the	first	3	½	months	of	the	year.		Anyone	short	
the S&P or QQQQ’s as we proposed, was at least able to hedge
some of the effects of the sell-off. Those who were conservative-
minded and went to cash as we suggested earlier in the year, can
start going shopping for bargains (more on that later!). 

Indeed, being willing to take pre-emptive defensive action is an
important lesson, since I believe the market, after a wee (or not

so wee) summer rally, could see
another major sell-off before the
end of the year. As Sean him-
self describes it, this year will
be	 a	 financial	 roller	 coaster	 for	 
the markets. When we start to 
detect warning signs of an im-
pending market drop, unless you
are a nimble trader watching the
market on a daily basis, the best
thing to do is to reduce positions
or to go completely to cash, and
wait for the ‘all-clear sign’. At
the next sign of trouble, we’ll
again do our best to warn you, so
that you can at least put in some
protective stops. And the good

news is … I may soon offer my very own bi-weekly newsletter
for those who want a more timely window on the market using
our same powerful forecasting and stock picking techniques (and
a few new wrinkles, to boot!). I’ll have more information in a
future issue. But I digress. 

Now, in addition to the thrashing of tech stocks, the sharp decline
also hit our favourite energy and metals stocks. The reason we
never recommended selling all of our metal and energy positions
is that we saw these sectors ultimately rebounding. The bigger
of these have already begun to recover! The smaller metal and
energy shares have been overlooked by gun-shy investors and
should now be scooped up now as bargains. In fact, with Copper
again mere PENNIES from its staggering $4.00/lb May peak, we
will be discussing (in part two of this issue) a couple of dynamite
new copper/gold stocks, Augusta Resource Corp (ARS.Vor AR-
CFF.PK), and Copper Fox Metals (CUU.V and CPFXF.PK) that
have completely bottomed and are now clear bargains that should
move big-time in a matter of months! 

In the metal and energy sectors, this was a LARGE, but routine
correction that is every bit a part of a rising bull market in com-
modities. When sectors move up too quickly, hot money chases 

Vol.IX,Issue #117 July 20, 2006 AD (28 BI, Before Immanuella Day of Appearance) Page 11 of 16 
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T H E D E L P H I A S S O C I A T E S N E W S L E T T E R 
them, and then they correct deeply when demand wavers – and
this occurs even in bull markets. If you are a trader, you can
take advantage of this by buying the bottoms and selling the tops.
If you are an investor, simply ensure that your investments are
moving up in price, and cut those that don’t have a recent trend
of moving from the bottom-left of the chart moving to the upper-
right! Only when that trend breaks should you be forced to make
a decision on whether to sell or not. 

For investors, suffering in the midst of this stock market pullback
ranks	up	there	with	taking	an	involuntary	mudbath	in	your	finest	
Italian silk suit. However, such declines are common and neces-
sary in a commodities bull market; and this drop is no a reason
for concern so long as your investment horizon is longer than a
Boy Band’s shelf life. Our portfolio of metal picks illustrates this
point very clearly. At one point in early May, my Delphi metals
portfolio actually registered a staggering 100% average gain and
a	total	gain	of	1000%!		Thus,	being	flat	since	March,	my	carefully	
selected metal portfolio remains IN THE POSITIVE to the tune
of 66% since its inception in July, 2005. If you bought gold even
at the time of our last market update, you’re still up nicely and
were up nearly $200/oz at its high. Just prior to the SLV exchange
traded fund debuted, I said silver was due for a super spike and
if you bought then, you were rewarded with a 50% spike to $15
before silver pulled back to its current $11.40 price. By contrast,
we didn’t call the DOW, S&P and Nasdaq the “Three Stooges”
for nothing in DAN #115. After the most recent market mauling,
year to date the DOW is now up a sizzling 1.63%. The S&P is
now up a jaw-dropping 0.32%. And the Nasdaq is turning heads,
racking up a blistering -3% on the year. So, while our metals
portfolio is down over 34% from its May highs of 100% (though
down only 13% since March), it’s still beaten ALL THREE mar-
ket indices combined by well over 50% this year! 

These	performance	figures,	along	with	the	fact	that	the	DOW	and	
S&P appear to face serious upside resistance is the reason we
continue to favour metal and energy stocks over all other stocks.
I can’t disagree with the portfolio allocation Sean recommended
in DAN #115, of: 50% oil /energy, 30% silver, 20% gold; I like
metal shares more than energy, but truly, it’s completely up to in-
dividual investors on how to distribute their holdings. We simply
bring you our best ideas and analysis, and you can choose to act
on them (or not). 

And now … back to the carnage. Even my best performing vir-
tual funds, top heavy in metals and energy, were down big in
May-June. But they’re bouncing back fast and I’m not panicking.
These same stocks have excellent fundamentals (thanks to gold,
silver and copper prices that have moved smartly higher over
each of the last 4 years!) and will continue their march to new
highs, before correcting again – as the cycle continues. Keeping
in mind that our metal stocks are up 66% on average since July
2005 (were down to as low as 53% in June), it’s worth looking at
the sizes of some of the declines we’ve ‘suffered’ in metal stocks 
just this year: August 10%, September 15%, February to March 

20%, and the big one in May, 23%. Since August 2005, the HUI
or gold index which tracks a broad range of metal stocks shot
from 150 to a high of 400. If you had sold and given up on gold
after any of those painful corrections, you’d have missed out the
major gains that were still to come. 

Not surprisingly, any newcomers to shares of gold and silver
companies during the last few months who’ve not lived through
corrections and periods of sideways consolidation, are doubtless
licking their wounds and wondering if this is THE DREADED
END for gold and silver. Frankly, I can’t see how that’s possible
with the economy and dollar’s fundamentals weakening daily! In
fact, the government’s net worth which in effect backs the dollar
is somewhere near a nauseating, NEGATIVE $35 trillion. That
alone is catalyst enough for dollar holders to swap into gold!
Would you climb up a rotting ladder? Me neither! Truly, a gold
coin is a gold coin and will always have inherent value – though
this	value	will	fluctuate.		On	the	other	hand,	all	paper	currencies	
eventually fail and fall to zero because the temptation for govern-
ments to print too much of it is just too tempting. These facts are
indisputable. 

Nothing has fundamentally WORSENED on the metals or energy
fronts, since both the gold and oil charts are as healthy as ever and
remain ABOVE their 200-day moving averages (the truest sign of
health for a stock). Commodities plays should therefore provide
investors with further huge gains as we look into the future. And
we anticipate our gold and silver portfolio will soon revisit its
100% gain plateau! 

In any event, if you raised some cash as we previously recom-
mended, then you are in a position to pick up some great bargains
at current prices. If not, don’t panic, just hold on tight, gold, silver
and our metal shares are going higher … MUCH HIGHER! 

After such a serious ass-whooping, it will likely take time for the
legions of new investors who piled into metal shares to dip their
toes back into the silvery-gold tinged waters. Only those who
purchased shares on or before January are probably still looking
at	a	profit	on	all	of	their	metal	(and	energy)	positions.		However,	
we think metal investors should look to buy shares of top energy
and metal mining companies NOW, as they offer fantastic value
while gold remains close to $600 and oil is above $70 per barrel. 

In my opinion, gold has bounced off its bottom and if you’re look-
ing at buying physical gold or silver and have a long term holding
strategy, NOW is a good time to accumulate (though, especially
so, if we get a pullback in the next month or so). Ditto for metal
and energy stocks. The market is all about fear and greed. We’ve
just seen FEAR. 

Indeed, what happens when China dumps a boatload of green-
backs and buys a warehouse of gold? Gold will start to rise and
all those who sold will buy back, much higher, sending recent
sellers into a state of self-medication. For what it’s worth, I think 

Vol. IX, Issue #117, July 20, 2006 (28 BI, Before Immanuella Day of Appearance)  Page 12 of 16 
Published by P.R.I. 2207 Hermosa Ave., Hermosa Beach, Calif. Republic, 9025�-2527 

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T H E D E L P H I A S S O C I A T E S N E W S L E T T E R 

Okay, Jim Cramer has been an insider onwe’ll likely have seen the end of this par-
Wall Street. He even worked at Gold-ticular correction. If the S&P falls below 
man Sachs. Why, oh, why must he be-this level, then metal and other shares
have so incomprehensibly? Right at thecould test their lows again before starting
bottom of this latest gold drop (when mytheir climb back up. 
Hedgehog and Commodo Dragon Funds
were scooping up DIRT CHEAP metal
shares!), Cramer was telling his minionsVolatility Returns … 
that gold was not a safe place to be. In 
his next breath, however, he irresponsi-Can We Bear It? 
bly recommended a heavily-overpriced
gold stock, located in politically riskyOne thing that has concerned me in the
Venezuela (Crystallex, symbol: KRY),seasonally slow months ahead is the re-
where nationalization and your stock go-cent return of volatility. As I mentioned in
ing from $4 to zero overnight is a realDecember’s DAN, large one-day moves
threat thanks to dictator Hugo Chavez!in the market were uncommon over the 
What’s more Crystallex THEN took apreceding 24 months. In fact, you could
gut-churning 50% tumble (it’s 3rd or 4thlikely count them on one hand. But since

gold will outpace silver in the near-term (as silver is ‘seen’ as
more speculative by many investors) and then silver will outper-
form gold as occurred for most of this year. And here you have a
rare opportunity to buy both metal and energy shares during a pe-
riod	as	attractive	as	July	2005	when	we	made	the	first	of	our	gold	
and silver stock selections. And back then, no one (but us) rang
the bell, telling everyone to buy commodities. Fortuna fortibus
favet! Fortune Favours The Brave! 

If the S&P can hold and base above 1220,

January, there have now been numerous
days when the DOW has risen or fallen 100 points or more. A 
few weeks ago, the Dow was down 180 points in one day! The
Nasdaq is down 10% over the last month. The Dow has lost 
about 1000 points since its high. After experiencing two years of
investor complacency (measured by the Volatility Index or VIX),
investors are again seeing fear and market volatility returning to
the	market.		We	have	no	confirmation	yet,	but	a	change	in	vola-
tility from low to high as we see now, can signal the return of a
BEAR MARKET. As a result, we may have to be more selective
about when we enter and exit the market; and in future trades, we
may have to be more vigilant in cutting market losses early. Keep
this in mind. If we do get a rally and the S&P can’t break 1300
(and ultimately, 1327) then that suggests weakness, so you might
consider	taking	profits	or	going	to	cash.	

That’s why I’m operating as though this next up move
(over the next 4-6 weeks) is strictly a trading rally where the S&P
rises and hits resistance around 1290-1300 and gold hits perhaps
$700 and turns down while the sleepy summer doldrums kick
in;	that	is,	unless	the	Middle	East	continues	to	flare	up.		Keep	in	
mind, before this market makes its next serious move higher, it
may well be bent on wringing every bull out of it, through: a) a
long period of consolidation and grinding sideways, though it is
more likely through both b) fresh declines from late July/August
into the Fall and c) up-chucking volatility that leaves everyone
reaching for the Gravol. In the meantime, continue to maintain
your core positions in metal and energy. 

Mad Money:

Still Barking At


The Moon!
 

in a year) on just such concerns! In any
event, I can’t think of a better gold buy signal, than Cramer’s cau-
tion to wait for gold to fall. 

This is a quirky fellow who, two years ago was laughing at gold
bugs and telling his viewers gold would go down because of ris-
ing	interest	rates!		Then	when	he	finally	got	around	to	telling	his	
viewers to buy gold THIS YEAR, the metal was right at an in-
terim top and gold proceeded to fall $50/oz right after his call!
Terrific.		And	when	Cramer	finally	belly-flopped	onto	the	silver	
bandwagon, he picked Pan American Silver, one of our original
July 2005 Delphi metal picks. Incredibly, his recommendation
of PAAS soon had the effect of a 10% correction in its shares. 
And now, bearing a hallmark of the infamous Cramer curse, Pan
American is now the worst performing silver stock in our port-
folio. Yuck! In summation, Cramer’s advice is valuable. The
twist here is that listening to him and then doing the opposite is
often far more lucrative! As you can see, he is getting sneaky
now, sounding bearish on gold while recommending gold stocks
(huh???). I guess if the man takes both sides of a bet, he can’t
lose. From a contrarian perspective, what’s even more bullish
for gold than ‘the Inverse Cramer Indicator’ (The I-C-I or ICKY
INDICATOR!) is that a few longtime commodity market bulls,
such as Paul Van Eeden are beginning to question whether the
commodities bull is over. This concern is addressed and dispelled
later in my column by a fairly astute fellow by the name of Jim
Rogers, who has made a FORTUNE in commodities trading. 

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T H E D E L P H I A S S O C I A T E S N E W S L E T T E R 

Vol. IX, Issue #117, July 20, 2006 (28 BI, Before Immanuella Day of Appearance)  Page 1� of 16 
Published by P.R.I. 2207 Hermosa Ave., Hermosa Beach, Calif. Republic, 9025�-2527 

2�/7 Order Line: 888 �52 7999 • Office Email: [email protected] 

[Heavy metal by QUIET RIOT. Not to be confused 
with Mad Money’s Jim Cramer, a madman we 
expect would not appreciate good metal!] 

oil:gold ratio of 17.65 would place gold at $1235 / oz. So, we are
still quite early in the gold game! What’s even more interesting,
is that I think oft-forgotten silver could even outperform a strong
gold price over the next 12-36 months! 

Oil and Energy Updates
Natural Gas – $6. Expect a rebound, as high oil prices should
eventually translate into higher natural gas prices. Its chart (not
shown) looks to be forming a bottom after a parabolic rise from $6
to $14 and back again. Chesapeake Energy is a good solid natural
gas play, with considerable insider buying in recent months and
for the last year. It has also held up like a titanium storm shelter
during this sell-off. (Symbol: CHK). Since my March update,
natural gas has risen as I forecast. As no one is talking about
natural gas, there are likely more gains to come on that front! 

Oil - $78. Global tensions, supply disruptions, increasing de-
mand, dollar weakness and speculation have contributed to soar-
ing prices. All of that and Hurricane season is now upon us! So
long	as	oil	remains	above	$65,	crude	oil’s	 trend	remains	firmly	
in place – UP! And there’s a lot further to go. Quality energy
stocks that have been hammered are especially good pick-ups at
this point. 

The Larger Picture:

Where Oil Predicts Gold is Heading!


(MUST READ!)

You might want to note that oil and gold have moved in unison for
large portions of the last few years – so if one moves higher, odds
are the other will do likewise. The big exception has been during
gold’s drop from $720 to $550
while oil has remained fairly sta-
ble. But this recent dislocation 
is likely due to gold’s parabolic
run-up which pretty much could
only be resolved by a drop down
(nothing goes straight up with-
out a pullback or pause). It’s 
also my opinion that gold will
outperform oil in the next 12-
18 months, and both will return
to trade at their historical ratio 
of 15 to 1 (from 1946-2000).
If gold returns to its 15:1 ratio
and	 oil	 stays	 flat	 at	 $70,	 we’re	
looking at $1050/oz gold mini-
mum. If oil moved to $100 per
barrel, gold could double and hit
$1500/oz simply based on their
historical relationship. For oil 
to hit $100/barrel, a lot of mucky STUFF would have had to hit
the fan, and $1500 gold might actually look cheap. It’s also worth
noting that oil traded at 16.86 times the price of gold from 1972
to 2000 and 17.65 from 1980 to 2000. At current oil prices, the

Ethanol – Before any other media source jumped on the band-
wagon, The Delphi Newsletter was FIRST to recommend ethanol
companies in this powerful growth sector. Our ethanol mentions 
have all rocketed as much as: 40% (ADM), 300% (PEIX), and
200% (NSOL.OB)! Ethanol itself climbed from $1.40/gallon to
a high of $3.00 per gallon for a +100% gain!
THOSE ‘CRAZY’ COMMODITIES! A “MET-
AL” HEALTH CHECK-UP 

A quiet riot has indeed erupt-
ed amidst the base metals 
camp. While gold and silver
have gotten all the glory in
the press, metals such as zinc,
copper, aluminum, lead and
nickel have charged ahead. 

Commodity Price Changes
just since July, 2005 when we
forecast gold and other com-
modities would rise! 

Here’s what happened (just
prior to the correction) …
COPPER. From $1.60 to 
$3.86! … 141.5% GAIN! 
ZINC. From $0.50 to 1.64! 
… 228% GAIN! 

ALUMINUM. From $0.80 to $1.36! … 70% GAIN!
 
NICKEL. From $6.50/lb to $9.50! … 46% GAIN!
 
LEAD. From $0.40 to $0.52! …30% GAIN!
 
And Uranium. From $29.50 to $42.75! … 45% GAIN!
 



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T H E D E L P H I A S S O C I A T E S N E W S L E T T E R 
THE LEGAL “BURNING” OF THE DOLLAR 
Quick! Someone call in the currency coroner! That’s right -- the

American greenback is in worse shape than your Aunt Minny’s

blueberry-anchovy	muffins.		Others	would	say	the	US	dollar	index	
has taken up a new sport. It’s called … cliff-diving! And heck,
if you bought into Canadian dollars or Canadian stocks when we
first	suggested,	good	for	you!		You’ve	had	the	opportunity	to	bank	
as much as 10% just on currency alone. 

The US Dollar is certainly is a horrible chart to look at and it
shouldmakeeveryonequea-
sy.	 	Only	five	years	ago,	 it	
took $1.60 Canadian to buy
one US dollar. At one point
last month, it a mere buck
and 8 cents. Such is the si-
lent destruction of wealth. 
Worse yet, we can’t even
track how crazy the Fed is
going at the printing press
because they are no longer
required to report the num-
bers! (The dark overlords
in charge claimed it was too
expensive to compile the
figures	 and	 then	 put	 them	
into little paper notebooks.
Hahahahaha! That’s pretty
hilarious. What would hap-
pen if you told your boss straight-faced that it’s just too costly
for you to provide details of your expense account? He would
kick you in the butt with his expensive Versace golf shoes, that’s
what!). 

Fact: At its recent low, the US dollar dropped 7% just since last
July. That’s 7% of YOUR net worth snatched by a thief in the
night and a total of 14% you don’t have because your investments
weren’t denominated in Canadian dollars. Oddly, the green-
back’s death-wobble doesn’t seem to concern the media enough
to warrant any sense of urgent coverage. You’d think a situation
this dire might would be addressed on that widely watched, but
largely	 irrelevant	TV	 station	 that	 perpetually	 flashes	 the	 words	
“Situation Room” or “Breaking News” across the bottom of the
screen.	Alas,	if	you	were	a	foreigner	watching	CNN	for	the	first	
time, you’d think America’s economic picture was just peachy-
keen! There’s scarcely any mention, let alone discussion of it.
American	News	is	all	over	those	hard	issues,	you	know	…	flag	
burning and American Idol. 

Anyway,	 once	 the	 dollar	 has	 finished	 its	 temporary	 bounce	 on	
this last drop by gold, the dollar has much further to fall. If the
dollar is denied near the 90 resistance level again and drops down
through the 80 mark, that’s when gold would go berserk to the
upside,	banging	the	final	gong	for	everyone	to	seek	shelter	from	
the	final	stage	of	a	currency	collapse!		Exactly	when	that	might	 

happen is unclear, but the weak dollar chart implies those days are
numbered!		What	we	do	know	is	that	the	Fed	is	fiddling	with	in-
terest rates, not to stop gold’s rise/the dollar’s demise but to make
gold and the dollar’s established trends play out in a slower, less
dramatic and more orderly manner. Who knows, perhaps they’re
just hoping no one will notice! I say old chap, there’s nothing
quite as inoffensive as a nice, orderly dollar crash … 

Mr. Rogers Roars: “TAKE THE BULL BY THE
HORNS!” 

(A MUST-READ!) 

Commodities guru Jim Rog-
ers recently shared some 
of his expert analysis on a
number of topics, including
the dollar and commodi-
ties/stocks. Here are some
highlights: 

• Commodities are no 
different from other mar-
kets, in that they are bound
to have big corrections from
time to time 
• He said he would not 
sell commodities even if 
they correct 30-40% be-

cause they WILL go back up.
• Copper and zinc were due for a correction. “But one

has to know that nobody has opened any mines in years and all
the existing mines are depleted.”

• China is the only emerging market he’s invested in.
• “Although copper is touching new highs, it is still far

below	its	all	time	high	adjusted	for	inflation	and	so	is	zinc,	lead	
and others.” 

• He is BEARISH on the dollar, and he would SELL 
dollars. 

• He humbly claims he doesn’t “have a clue” of where
commodities are heading next month or in three months, but Rog-
ers knows they’ll keep “heading higher” this decade.”

• In the 1970s, gold rose 600% and then went through
a two year decline of 50%, only to turn around and rise another
800%! This just shows you gold can correct BIG-TIME in a
BULL MARKET and come back to life even stronger. That’s 
precisely why gold and silver investors should have a time hori-
zon	beyond	6-8	months.		Suffice	it	to	say,	over	the	short-term,	any	
investment can drop. 

If nothing else, the calm, reasoned and steady approach of the two
greatest investors in the world Jim Rogers and Warren Buffett,
grants us permission to relax and take a longer view during these
turbulent times. 

TO BE CONTINUED!!!! 
Vol.IX,Issue #117 July 20, 2006 AD (28 BI, Before Immanuella Day of Appearance) Page 15 of 16 

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T H E D E L P H I A S S O C I A T E S N E W S L E T T E R

DAWN OF THE REDBACK 
By George Ure

 http://urbansurvival.com/week.htm 
Sean David Morton has seen the future 

- and if you live outside the US, that future 
may include red $100 bills. This is an 
extremely important story; so let me start 
with the background so you’ll have a good 
sense of the economic playing field. Sean’s 
report will make a lot more sense that 
way. 

There are several reasons that despite 
the falling price of precious metals 

money inside the US would have another. 
How do you separate the different dollars? 
Color-coding is one way to do it, although 
there are naturally extreme difficulties with 
electronic transactions. 

Now to Sean-David Morton’s report. 
After I recently reported on the rumor of 
the “REDBACKS” in my April 8th report. 
But today, Sean-David Morton has been 
kind enough to send us a full report on 
what he has seen for himself:

Netherlands” 
The people were listed and licensed 

as “APPROVED DIPLOMATIC 
HANDLERS” and were a SECURITIES and 
FINANCE firm. We met with these men and 
went out to lunch, and had a quite pleasant 
and jovial conversation about politics, 
world finance and the future of the global 
markets. They knew me by reputation, and 
had actually heard me a number of times 
on the radio via the Internet. I guess I have 

quite a following in the Netherlands. 
Later, we wanted to see the money in the past week, I am continuing to 

that was being transported beforehedge as though all major purchases 
any more business was to take place. will be made at substantially higher 
Usually this is done via wire transfer prices than what’s available today. 
and bank-to-bank deposit, but because The reasons are purely economic: 
of the high incidents of fraud in this The Bush war in Iraq was recently 
particular part of the world where it reported to be costing $1-trillion 
came from, cash was the only thing dollars (or more) and with a 
that was trusted.miniscule manufacturing base, the 

The two men we were dealing with US has only one way to pay for 
took us to a high security warehouse it: monetize (paper) the debt. This 
and there was a section that contained will have the effect of “watering 
a series of vaults. We entered one of down” the purchasing power 
the vaults, and they opened a case and of US currency. It’s also why I 
they showed us the capital that was to believe the trend for a declining 
be transported.dollar is now reasserting itself in 

After this, one of the men who was the markets. 
The second major reason has 

to do with the balance of trade deficit, 
which we duly report has been in a massive 
uptrend and shows no change in course. 
And then, there are the recent IMF/World 
Bank statements that the US dollar is too 
strong. 

It’s against this backdrop that we’ve also 
discussed ways for the US to get “out of the 
box canyon” from a policy perspective. A 
quick check of history would suggest that 
hyperinflation is a workable route, as the 
Weimar Republic (Germany circa 1923) 
experience was only a few short years. 
Conversely, a deflationary collapse, which 
began in 1929 in the USA, took America 
more than 10-years to recover from. 
Instructively, both ended in World War II. 

Now you may recall that I recently 
published a note from sources that there 
were reports of “red currency” being in 
place in strategic centers outside of the 
United States - apparently in preparation 
for a two-tiered currency system. The way 
such currency works is this: Money outside 
the US would have one exchange rate, while 

* * * * 

“Dear George, 
One of my friends and subscribers said 

that you had some questions regarding a few 
things I saw while on a business trip to the 
Netherlands, and I just wanted to give you 
the straight scoop on what I experienced. 

In April of 2005 I went to Amsterdam 
for five days to finalize a financial deal 
that regarded paying a number of fees 
for a transport of capital from Africa, to 
Holland to some banks in Andorra. This 
deal is my private business and I shall not 
give any more details, but it was something 
that I had been working on for a number 
of years. 

I was taken via limo with my partner 
in the deal to some offices that were 
adjacent to a number of warehouses in a 
warehouse /business district that was near 
the Amsterdam airport. 

Again, this was a private affair that 
demands some delicacy but part of the 
address was: 

“Schipol, Clearing House, Schipol, The 

friends with one of the warehouse 
guards, asked if they could enter another 
section of the warehouse, and he was 
agreeable, and said all right and we went to 
another very large section. 

There, with the permission of the guards, 
they opened one large steamer sized case 
that was filled with the new “large face” 
Ben Franklin US $100 bills. They were 
under what appeared to be heavy glass or 
plastic with large circular metal bolts at the 
top. 

I could only see the FACE SIDE of the 
FRONT of the bills under the glass. The 
bills had a RED TINGE or coloring on 
either side of the large FACE of Franklin. 

The men said that there were 
approximately $60 BILLION worth of 
these "REDBACKS" (their words, not 
MINE) all printed and ready to go, in 
banking centers around the world and 
that they were to be used as part of a 
"Contingency plan" for a secondary 
foreign US currency, or USDs that 

Vol. IX, Issue #117, July 20, 2006 (28 BI, Before Immanuella Day of Appearance)  Page 16 of 16 
Published by P.R.I. 2207 Hermosa Ave., Hermosa Beach, Calif. Republic, 9025�-2527 

2�/7 Order Line: 888 �52 7999 • Office Email: [email protected] 



DAWN OF THE REDBACK

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T H E D E L P H I A S S O C I A T E S N E W S L E T T E R 
could ONLY be used outside the 
United States. 

I asked when they thought this would 
happen and they said that it would be later 
that year (2005) or the next. They were 
NOT SURE and were only guessing as to 
why they were there. They said the bills had 
only arrived a few weeks before, which of 
course had raised a great deal of curiosity 
in many of the financial markets. 

Again, I ONLY SAW INSIDE ONE 
CASE. There were numerous similar cases, 
which I ASSUMED would be filled the same 
way, but that is ALL I DIRECTLY SAW. 

We went back to the office and concluded 
our business. 

will. 
You have a fantastic web-site and we 

need more people like you out there giving 
the warnings and sounding the klaxon call. 
Let us gather like Titans and storm Mount 
Olympus together! 

MAY MIGHTY ANGELS KEEP YOU 
NOW AND ALWAYS! May the silver 
chalice of the Holy Grail be placed within 
your heart to catch all the power, love and 
grace of the Infinite Radiant Creator! 

Blessings! 
Sean-David Morton 
~END STORY~ 

expectation that overseas goods will I do not know why so many 
climb steeply in price as the year people are making such a gigantic 
continues. That, and a new freezer fuss over this, but that is the story 
to store the output from our garden as it happened. 
when the crops start coming in - plus I feel that this information has 
a Seal-a-Meal with lots of bags. All now been vindicated, as only a few 
these kinds of goods would likely weeks ago, the brand new Hamilton 
go up in price within months as oil $10 bill is now in circulation, and 
prices break through to new highs.it HAS A RED TINGED DYE all 

We’re not the only ones who see around the face parts and back of 
the inflationary workout - watch the the bill, only slightly lighter than 
fall of the US dollar and the price of the red dye I saw on the USD 
gold and silver as key indicators of $100s. 
what’s to come. My THEORY is that the US 

economy is about to go into free ShortageS ahead:fall and enter a “printing press” 
Steve Quayle was kind enough to economy, as I have predicted, and 

share a letter from one of his readers I feel that is happening NOW. A 
two-tiered currency, just as Japan 
did in the 1980s, would allow them to 
hyper-inflate the dollar here at home, and 
keep the dollar more stable, against the 
Euro, overseas. 

Also, let’s say they pass a law that says 
you can only use REDBACKS outside the 
USA, and that all other USDs will become 
FIAT in, say, 120 days. Most estimates put 
illegal USDs, both counterfeit and drug 
money outside the USA at about $100 
billion. Can you imagine people with huge 
amounts of CASH going into banks to 
trade it in for NEW REDBACKS? 

They would be photographed, 
fingerprinted, or possibly arrested. It means 
that this money would DRY UP, and just 
disappear, and VIOLA! The Fed Reserve 
Note suddenly becomes that much MORE 
valuable without another single piece of 
paper being printed. 

Again, I am only trying to provide 
information to the world and my fellow 
man, and have no real vested interest in 
outcomes. So do with all of this what you 

Morton’s report may mean 
any number of things: 

* First, it could mean that the US has 
an “emergency plan” in place to impose 
two-tiered currency in the event of a real 
shock to the US economy. If we had a 
huge terrorist event within our borders, for 
example, global confidence in the US dollar 
as the reserve currency might be shaken to 
such an extent that a new currency outside 
the US (with different purchasing power) 
would be a useful policy tool. 

*Along the same lines, a massive 
collapse of the US economic system under 
its own weight might also be a cause for a 
two-tiered currency. 

* We also need to note that the currency 
system itself might come under attack from 
one or more rogue states seeking to destroy 
the US currency by simply printing it up 
wholesale. We’ve seen reports that North 
Korea, for one, may be engaging in large 
scale counterfeiting operations. This is 

particularly significant because the bills 
involved were $100 bills! 

If a large-scale currency change is in the 
future, I’d bet that it will be against an 
inflationary background. That being said, 
there are several things the small investor/ 
just-regular-human can do. Accumulate 
a good home supply of food, put in your 
own garden, that sort of thing, so that 
you’ll be able to restraint price increases at 
the grocery store by supplementing higher 
priced food with previously purchased or 
home grown. 

Another tack: Elaine and I will be taking 
delivery of our new Japanese-built tractor 

later this week based on my personal 

about the current gasoline shortages 
in a couple of key Eastern states: 

“We still have gas shortages in the form 
of closed pumps here in the Tidewater, VA 
area. There are also a number of bags on 
the diesel pumps. There is no ethanol in 
diesel. This, despite AMACO has a refinery 
approximately 25 air miles from where 
I sit. This refinery is called the AMACO 
Giant refinery; justifiably so. 

“On Friday, the 21st, I personally saw 
gas lines that were are bad as any during 
the Arab Oil Embargo. On Saturday, the 
22nd, I had a chance to have an in depth 
conversation with an independent trucker 
who had thrown in the towel. She was a 
team driver and said that more and more 
independents cannot bear neither the fuel 
costs. I mentioned the toll situation and she 
rolled her eyes in frustration. 

“Please pass this to your audience. 
She said that in 2 weeks, we 
WOULD start seeing the beginnings 
of shortages appear on the store 
shelves.” 

Vol.IX,Issue #117 July 20, 2006 AD (28 BI, Before Immanuella Day of Appearance) Page 17 of 16 
$65 Investment and tax deductable donation for 12 issues, 1st class delivery add $12 

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T H E D E L P H I A S S O C I A T E S N E W S L E T T E R 

NO SOCIAL SECURITY NUMBER!


Yes, you read it correctly. How would you 

like to learn how to work, bank, invest and 
own property without providing a social se­
curity number? For years you’ve been read­
ing about the coming global government, The 
Mark of the Beast, and other erosions of our 
freedoms. But how can you protect yourself 
from it? There actually are ways that you can 
protect your assets and secure financial privacy 
that are recognized under current law. 

Through the use of trusts, LLCs, partner­
ships, and even corporations, it is possible for 
you to own and control assets without having 
your ownership and control publicly revealed. 
It’s possible to legally establish entities that 
cannot be pierced by creditors, including the 
IRS and other governmental and quasi-gov­
ernmental agencies. So if you’re tired of be­
ing exposed, tired of worrying about losing 
everything you have, then this is something I 
strongly recommend you consider. 

Here’s the basic premise: You can form 
an entity, such as a limited liability company 
(LLC), and transfer assets to it. You continue 
to enjoy the ultimate beneficial ownership in 
the asset by owning the membership interest 
in the LLC. However, your personal creditors, 
including the IRS and other governmental 
agencies, cannot reach the underlying assets, 
and even if they foreclose upon your mem­
bership interest (which many states prohibit 
them from doing), they cannot reach the un­
derlying asset, if the LLC or other entity is set 
up properly. I cannot emphasize enough that 
not all entities are the same, and not all LLCs 
are created equal. Just like there’s a difference 
between buying a new Mercedes and buying 
a used Ford Pinto, so there is a difference be­
tween having a good asset protection plan and 
a plain vanilla corporation. 

You can also use an entity to interact with 
the worlds of commerce and banking. Don’t 
want to contract in your own name? Worried 
about compromising your status? Operate 
through a protective entity. For example, if 
you have a corporation set up (including one 
in a favorable jurisdiction such as Nevada or 
Wyoming), you can contract through it. It 
won’t be your information that will be dis­
closed, but only the information pertaining to 
the corporation. Significantly, when you sign 
a contract on behalf of a corporation (such as 
in your capacity as a director or officer), you’re 
not liable for the contract, even if you fail to 
perform. In this day and age, when big busi­
ness and big government have such a strangle­

hold over us, we need every edge we can get 
just to survive. If you’ve had any dealings with 
our court system, then you know how biased 
it is against the little guy. 

For years I’ve known and been working 
with the professionals at Fortress Protec­
tion Services. I know the owner personally 
and we use their services for our own needs. 
I cannot more highly recommend them. So 
due to your many inquiries, I have now made 
arrangements to make their services available 
to our subscribers. Here are some of the key 
services they offer: 

_Set up a bank or brokerage service with­
out providing a social security number. 

_Keep your bank and other financial ac­
counts free from creditors’ claims. 

_Protect real estate from claims of credi­
tors, attorneys and even government agencies. 

_Anonymously hold title to real estate, 
securities, insurance, intellectual property, ve­
hicles and other assets. 

_Learn how to work and contract without 
providing a social security number. 

_Avoid probate and conservatorships. Re­
member that these court proceedings are cre­
ate yet another opportunity for creditors to 
take your hard-earned money and property 
away from you. 

_Set up a cell phone or computer phone 
number for anonymous communications. 

_Do all of the above without providing a 
social security number!!! 

I know some of you may find it hard to be­
lieve that these goals can still be accomplished 
in this world of surveillance, information re­
cording and total government control. But I 
assure you that it can be done because I my­
self have done it! Privacy is harder to achieve, 
but for those who are serious it still can be 
achieved. 

You may have heard that the regulations 
under the False Patriot Act require an indi­
vidual to disclose “his” social security number 
(we put the word “his” in quotes because the 
number really belongs to the federal govern­
ment), but this is not actually true. Without 
getting too technical, 31 CFR 103.121(b)(2)(i) 

does require a “U.S. person” to disclose his 
“taxpayer identification number,” but accord­
ing to 31 CFR 103.121(a)(7)(ii), the term 
“U.S. person” includes, “A person other than 
an individual (such as a corporation, partner­
ship, or trust), that is established or organized 
under the laws of a State or the United States.” 
So while the “U.S. person” does have to dis­
close a “taxpayer identification number,” there 
is no requirement that an individual who is 
signing on behalf of a legal entity also have to 
disclose his own SSN. We’re so used to just 
automatically providing the number to any­
one who asks that we lose sight of the fact that 
this is usually not backed by a legal require­
ment, but instead by coercion, peer pressure, 
and sometimes even out-and-out fraud. 

The professionals at Fortress Protec­
tion Services will help you set up protective 
entities such as limited liability companies 
(LLCs), limited liability partnerships (LLPs), 
limited liability limited partnerships (LLLPs), 
limited liability trusts (LLTs), corporations 
(including for-profit corporations, nonprofit 
corporations, and corporations sole). Al­
though the company is managed by an ac­
credited accountant (who can also provide 
traditional accounting services, for those of 
you who are interested), they are not the same 
as your local CPA or tax attorney because they 
specialize in securing privacy and asset pro­
tection. Of course, for those of you who have 
the need, setting up these types of entities can 
significantly reduce your taxes, but that’s sec­
ondary with them. Their primary goal is to 
protect the assets that you have, because they 
know that your first goal is to preserve what 
you already have. So if you’re serious about 
learning how to operate without a social se­
curity number, then this is a service that is 
definitely for you. I will no longer operate any 
other way. 

Their information is too good to give away 
and so they only deal with clients on a one-
on-one basis by appointment only. To find 
out more, please call 1-505 635 4164 from 
9:00 a.m. to 7:00 p.m. MT. They often receive 
a lot of calls, so please don’t hesitate to leave a 
message. They will get back to you, and usu­
ally the same day. Nor do you need to contact 
me directly about doing business with them 
as this is my endorsement to you right now. 
Should you decide to do business with them, 
they’ll deliver everything they promise, and 
perhaps most important of all, they’ll bring 
you peace of mind. 

Vol. IX, Issue #117, July 20, 2006 (28 BI, Before Immanuella Day of Appearance)  Page 18 of 16 
Published by P.R.I. 2207 Hermosa Ave., Hermosa Beach, Calif. Republic, 9025�-2527 

2�/7 Order Line: 888 �52 7999 • Office Email: [email protected] 



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T H E D E L P H I A S S O C I A T E S N E W S L E T T E R 
­ A trust should be 
the primary component 

of your estate plan 
because: 

_A will is essentially you giving instruc­
tions to the probate court on how you want 
your estate distributed, but with a trust, you 
can completely avoid probate. Probate is not 
only expensive and time-

to compel her to leave property to her. What 
if she remarries? What if she loses touch with 
your children? These aren’t pleasant topics, but 
for many people they are real possibilities. 

_Although a living trust normally doesn’t 
provide any lifetime asset protection, we can 
certify the trust as a Delaware limited liability 
trust (LLT). This both provided a layer of asset 
protection, even while you’re alive and a ben­
eficiary of the trust estate, and can draw litiga­

consuming, but it’s also one 
last chance for your credi­ the trust estate remains the 

owner despite the passing of a tors to reach your assets. The 
way probate works is first the trustee or beneficiary. Instead, 

court pays off creditors of the you can name a successor 
trustee to take over for you, as decedent, then it pays credi­

tors of the heirs, and then the well as naming your final ben­

heirs get any remaining bal­ eficiaries. 

ance outright. Durable powers 
of attorney are the _With a trust, there is no 

probate, so there’s no forum next element: 
for your creditors to assert _ A durable power of 
their claims. attorney permits you to name 

someone, or a series of people, _With a will, you can who can make healthcare and 
protect the trust assets from financial decisions for you in 
claims of your beneficiaries’ the event you become legally 
creditors. You can also pre- incapacitated, but without 
vent outright distributions your family having to initiate a 
to beneficiaries whom you court-administered conserva­
feel may not be competent to 
handle the money or proper­
ty. Instead, it can be managed for them by the 
trustees, and the trustee can be someone whom 
you designate now. 

_A credit shelter trust can be included in 
your trust so as to combine your personal es­
tate tax exemption with that of your spouse, al­
lowing you to double the value of property you 
can legally leave to your beneficiaries entirely 
free of tax. 

_With a living trust, your beneficiaries don’t 
have to lose the stepped-up basis, which allows 
their basis to be the fair market value (FMV) 
of the bequeathed property at the time of your 
passing. 

_In the event you’re in a second marriage, 
or you and your spouse otherwise have differ­
ent heirs, you can provide that the surviving 
spouse will have a life estate in the trust estates, 
but also name final beneficiaries now. This is 
called a QTIP trust, or qualified terminable 
property trust. In contradistinction to this, if 
you use a will and name your spouse as your 
heir, she will be the sole owner of the prop­
erty and your children will have no recourse 

your name, we can provide for a very simple 
probate by providing that the trustees of the 
trust will be your sole heirs. This type of will 
is called a “pourover will” and if you have to 
have probate, this is the simplest probate pos­
sible. Probate is necessary because, when you 
have title to property, only you can do anything 
with it, whether that action be selling it, mort­
gaging it, leasing it, etc. But if you pass away, 
then you obviously can’t act. Hence your heirs 
have to probate your estate. On the other hand, 

if property is held in trust, then 

tion into Delaware. Delaware is the only state 
that has a specialized chancery court which 
only hears disputes regarding Delaware trusts 
and entities. Over half of all publicly-traded 
corporations, including 58% of the Fortune 
500, are incorporated in Delaware because 
they know this court will protect them. With 
today’s out-of-control judiciary, it’s only the 
power of competition that protects the little 
guy. If the Delaware Chancery Court steps out 
of line, then people will stop filing in Delaware. 
With other courts, you have little recourse. So 
the bottom line is that, if you have to litigate, 
your best chance for a fair resolution with a 
judge who will take your trust seriously is in 

Delaware. 

The next component 
of the estate plan should be 

a will because: 

_The will is the only instrument that allows 
you to name a guardian for your minor chil­
dren, and... 

_In the event any property remains titled in 

torship. A conservatorship re­
ally isn’t a good thing because 

it’s expensive, it’s time-consuming, it comes at a 
terrible time (is there ever a good time to go to 
court?), and the conservator has to periodically 
report back to the court, which of course costs 
even more money. 

_Although it’s not a pleasant topic, in the 
durable power you can make provisions for fu­
neral, burial, or other memorials and disposi­
tions of your remains. It’s very hard for most 
of us to talk to our family about this, but with 
the durable power of attorney, you can make 
your wishes known in writing and the topic 
won’t have to be addressed again until the time 
comes. 

The final component of the estate plan is a 
conservatorship document. This is important 
to have because, in the event your family does 
have to go to court, you will at least have made 
your wishes known to them. 

For those who want a higher level of asset 
protection, it’s possible to set up entities such 
as limited liability companies (LLCs), limited 
partnerships (LPs), and even limited liability 
limited partnerships (LLLPs). Your shares in 
these entities can in turn be held in the trust. 

Vol.IX,Issue #117 July 20, 2006 AD (28 BI, Before Immanuella Day of Appearance) Page 19 of 16 
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