Shawn Perger on Crisis Cycle Investing, the Promise of Silver and the Internet's New Narrative
The Daily Bell is pleased to present an exclusive interview with Shawn Perger.
Introduction: Shawn Perger is the founding CEO of Foremost Research Group Inc. based in Vancouver, Canada. Mr. Perger, an author and speaker at investment conferences, has more than 20-years experience with Vancouver's vibrant venture capital marts, arguably the center of global venture capital finance. Shawn has taken it as a personal mission to introduce clients to practical, free-market solutions that can greatly enhance their ability to protect and grow wealth. He is a long-time reader and friend of the Daily Bell and recently wrote a book called Crisis Cycle Investing that espouses a Bell-like point of view when it comes to analyzing investment opportunities. The Bell sat down with him to discuss the state of the world today.
Daily Bell: Let's jump right in. What is the Foremost point of view?
Shawn Perger: As you know, Foremost has a top-down, free-market thinking approach that uses the perspective that the Bell itself has helped pioneer. We try to understand the various forces impacting the business cycle and then figure out the trends that will result. Once we figure out opportunities, we share them with research analysts, brokers, asset managers and wealthy individuals who value our analysis.
Daily Bell: You just mentioned the business cycle. Would you categorize your approach as one of free-market thinking?
Shawn Perger: Free-market thinking – as you use the term at the Bell – is most important. Understanding the Austrian investing techniques it's based on is critical to successful investing. We've done our reading and thinking on the subject. I'm aware in fact that the Bell's point of view is part of what I call a growing "chorus of conviction" about how the world works. The dirty secret about the modern money business is that free-market analysis is always the bottom line – even though "they" don't admit it. They Keynesian propaganda is just that – rhetoric for the masses – and for the politicians so that they can say they're in charge.
Daily Bell: Tell us about your book, Crisis Cycle Investing.
Shawn Perger: It uses a Bell-like approach. As someone who has worked in the financial industry for years, I always looked for insights into how to identify opportunities. The idea that there was a monetary elite – what I call a monetary mafia because that's the way it operates – has become increasingly obvious. There's a whole historical narrative available now on the Internet. And the contest between the information on the Internet and the money-mafia itself provides us with the ability to identify numerous entry points.
If we identify a business or an investment, we consider it within the context of this ongoing contest between elite money power and everybody else. We're not going to point out anything, for instance, that has to do with the environment, even though that's all over the news and the media. Electric cars, solar energy – all of this is in the atmosphere – and I'm not trying to make a pun, either. It reminds me of the 1970s. There's the same sort of struggle between the powers-that-be that want to move the world away from carbon-based energies and the rest of us. It didn't work then and I don't think it's going to work now. The Bell has written on some of these issues, especially electrical cars.
Daily Bell: Like the Volt?
Shawn Perger: Sure, where's the outcry? It's a manufactured phenomenon. Of course, there's an economic law that says demand can be stimulated by supply – Say's Law – that a new technology can come along that shows us a better way. But I have a hard time envisioning that a car that can only be driven in a 100-mile radius is going to set the world on fire. Now over time there may be new iterations that make the technology more attractive, and then you would reevaluate. But you have to buy what you see. And in the case of the GM Volt, you've got plenty of people even within the company who are basically admitting the thing is a loss leader to get people into the showrooms. If the federal government wasn't involved, you might not even have had the Volt project in my opinion. But that's the kind of FedGov intelligence you come to expect – totally dislocated from the realities of what a "real" market might generate.
Daily Bell: Of course it's not just the Volt.
Shawn Perger: No. Given that it is a mafia project in my view, you suddenly have electric cars popping up around the world. That's another suspicious sign. Where are the cars coming from? The big, elite families in Japan have hopped right on board. Toyota – all the other families. The ones that built the tanks and planes in World War II. Now they're building cars, and you can bet they're on board with the West's power elite and the West's plans. You have to ask yourself constantly whether business opportunities are the result of market forces or of the money mafia's constant urge to create a world that is basically under their broad thumb. Are these legitimate expressions of the market itself or not? Is the market looking for this solution – or has it been in a sense cleverly promoted ...?
Daily Bell: Can you give us some signs, some of the things you look for?
Shawn Perger: Well, again, you have to look at it in historical context. There's a logic to it that is fairly simple to identify once you understand where to look. The electric car movement was supposed to come out of this hysteria regarding global warming. There's no other reason. One can look at what's going on and decide that electrical cars are being proposed because the world is running out of oil. But even if one believes in peak oil, electric cars are not necessarily the solution. There are plenty of technologies that could get more miles to the gallon. They've been around for decades but have been suppressed.
That's the sign of a promotion, when the problem is posed in a certain way to create a given solution. The problem is that cars use too much gas and create too many pollutants. But carbon dioxide is a fairly nonsensical pollutant. It's supposed to be responsible for global warming, but who really believes in global warming these days – especially after a winter like this. The other reasons for electric cars is because regular cars are gas-guzzlers. Well, if that's the case, why not tackle the issue of gallons per mile? As I understand it, there was plenty of technology even back in the 1920s that could considerably extend the range of oil-fueled cars. Why do you need to solve the problem with an entirely new solution, and one that is even less satisfactory than what we have today?
There are red flags here. Money power wants to control things and electric cars are far more controllable than gas powered ones. The idea seems to be that everything ought to be hooked into the grid. Of course no one is asking where the power is coming from and it turns out that many of the power plants are coal-based. And transmitting the power is inefficient as well. So you've got a poor solution to a non-existent problem. It's no better than what came before and doesn't even address the issues that are being raised. The media makes a big deal about these cars and doesn't even ask basic questions. Didn't some magazine name the Volt Car of the Year? How is that possible? It's really ridiculous. It's outrageous actually.
Daily Bell: We've written about it. It's curious to say the least.
Shawn Perger: Unfortunately, NOT curious. It's all about control, about consolidating a kind of global government, a new world order. One that uses various promotional efforts to get people moving in one direction. Internationalism is the goal and has been for a long time. You hear it all the time ... We live on a small planet. The world is getting smaller. People are interconnected and even mega-corporations are too. This may be true but that doesn't make it a preferable state of affairs. The idea of a single world political system ought to be scary to anybody.
Daily Bell: We call them dominant social themes.
Shawn Perger: Yes, there are some basic themes and many of them have to do with scarcity or other issues that appear generally dangerous. We're running out of oil and need electric cars. We're running out of food and need genetically manufactured crops. But the Internet itself is interfering with the mafia's promotions. I agree with the Bell – people are catching on. It's happened before.
Daily Bell: How did you come to all this? Give us a sense of your process, if you don't mind.
Shawn Perger: I'm like anybody else in that I had more questions than answers. I have to admit that working in the money industry here in Vancouver makes one resistant to at least some outside information. You tend to believe what you hear and what you've learned at school. The matrix is kind of all-encompassing. So you have to think outside the box and that's what I have tried to do in my adult life. The Internet itself has helped turbo charge my passion for knowledge by providing me access to great free-thinking minds. In essence, I'm a walking example of what you write about. I've taken what I've learned and used it within a larger personal and investment outlook.
I'm a questioning person anyway, so being able to find answers on the ‘Net was great for me. Gradually there was a progression, a kind of personal growth. I eventually began to boil down monetary issues to the market itself and ask whether human beings could handle things better than competitive forces. And the answer was always no, the Invisible Hand is best. The Mises Institute and Rockwell.com are a major ongoing help in understanding the world around us. Along with the Bell, I could live quite well in this world if they were the only sites my computer was limited to accessing.
Daily Bell: Yet it seems like we don't have much of an Invisible Hand these days.
Shawn Perger: There is no doubt from my point of view that the powers-that-be have been much more aggressive about the way they are operating in the 21st century than the 20th. There is not a single problem these days that can't be managed by some government agency, the more international the better. More misguided central planning leading us all to a more totalitarian world. You can see this especially with the G20, which some observers have compared to a kind of international traveling world-government. But you can also see the dissension within the ranks. As much as the monetary mafia would like to get all the horses moving in one direction, it's not easy.
Daily Bell: Do you think they will get there?
Shawn Perger: I don't know at this point. You can argue that power has been greatly centralized, but as the Bell likes to point out, the Internet has acted as decentralizing force and the perhaps the decision-making is not so simple after all. As more and more people find out what's really going on and what's really happened, other power nexuses enter the picture. People want a say and that complicates things. The economic downturn has actually helped circulate the different perspectives. That may not be true in China, but it's certainly a reality in the West. And the fundamental question I have is whether or not the stupefied majority can ever come to value liberty more than the false flag security they have so wiling sold their freedoms for.
Daily Bell: You're Canadian, aren't you?
Shawn Perger: First and foremost I am an individual. And yes I was born in Canada. Unfortunately, we Canadians tend to be socialist – especially here in British Columbia. But I'm happy to point out that Canada has escaped the worst of this terrible downturn. Being a free-market guy, I have to add that the less money that Canada throws at the economy, the better.
Daily Bell: You're not a fan of quantitative easing?
Shawn Perger: There won't be a result, or at least not a good one, from all this stimulation. The West is a dead patient at this point, one that's died on the operating table you could say. The money is like a defibrillator but you can't bring a dead man back to life. All you can do, maybe, is set his clothes on fire. And inflation is the fire, price inflation. We're headed straight into a hyper-inflationary hurricane, as you point out in your book High Alert, and the way the powers-that-be deal with the situation is to keep printing endless amounts of wealth destructing fiat money.
Daily Bell: So you think the era of dollar hegemony is almost over?
Shawn Perger: Yes, definitely. As long as Saudi Arabia was able to tell the world that it would only take American dollars for its oil, America could print as much as it wanted to. Other countries would have to buy American dollars if they wanted to purchase oil. And there was a spillover. The dollar psychologically became seen as an international currency. Countries used it for international purchases well beyond oil. But all that is changing now. China, Russia, all the BRIC countries are trying to get away from the dollar. The US has abused the dollar. It's printed too many of them and, as I stated above, the patient is dead.
Daily Bell: Why is that?
Shawn Perger: Good question. I'm likely to go with your answer on the subject, which is that the dollar is being purposefully taken down. I can see that happening if a certain money mafia wanted to introduce a global currency. The dollar was successful. You have to get rid of it before you can put something else in there. A couple of wars, a big economic downturn, excess spending, and all of a sudden you got the G20 trying to "find" an alternative. Coincidence? You tell me. It's way too much. Monetary stimulation will not serve to kick start the economy this time around, though it well may result in the creation of yet another asset bubble. The PTB have to know this, no one said they were stupid... just arrogantly confident they can get away with enslaving the world's populace to serve their power hungry appetites.
Daily Bell: A stock market rise?
Shawn Perger: We've seen that already, haven't we? Eventually this all hits bonds, especially US government bonds. The only asset class worth watching in this scenario is gold and silver.
Daily Bell: Why would the elite want to push gold and silver higher?
Shawn Perger: As I said above, they are not stupid. You have to figure that the money mafia has plenty of gold, especially. What's in the cards is probably some sort of global currency that has a gold-standard element to it. That's what makes sense on surface anyway, although it will likely continue to be government prescribed legal tender so it won't be a "real" gold standard in the free-market sense. No matter what, so long as the scenario plays out this way, it's still good for gold and silver. I used silver to illustrate Crisis Cycle Investing. Silver is a good example, currently, of a crisis cycle investment that can yield healthy dividends.
Daily Bell: Was that a formal recommendation?
Shawn Perger: We don't really make recommendations so much as bring ideas to people's attention. The Foremost perspective is pretty simple, though. We look at lots of factors including dominant social themes. We see which promotions are apt to be successful and which are not. Additionally, some elite promotions may by chance end up supporting certain free-market industrial initiatives, which could be seen as a real-life positive. Basically, this analysis is built around the increasing free-flow of information provided by the Internet. Investing in the 21st century is not really about finding a better mousetrap but on betting whether a given good or service is something that money power wants to plug. Then you have to decide whether the Internet will allow it – or expose it. We modelled our approach off of the VESTS model you outlined in High Alert.
Ultimately, the system has been set up to be destabilized, in order to enhance globalism. In a private banking environment, people are free to take their silver and gold elsewhere if they lack confidence in the institution. But when a central bank is set up, people eventually lose that choice, as the government mandates that its bank is the only bank with the power to issue paper money. Once bankers have money power, they control economies and how they operate. It's called money power and allows a small handful of people to basically run things from behind the scenes. It's a Wizard of Oz metaphor.
Daily Bell: Right. Ellen Brown and those in the Sovereign Money movement use that metaphor a lot. Where do you stand on sovereign money?
Shawn Perger: The idea that the state or federal government should print money instead of a third-party central bank? I don't see it matters a great deal who is doing the money printing when either option is entirely linked to socialist-driven demands that excuse the need for an inflationary monetary policy. You still end up with ever-increasing amounts of enslaving fiat money, unbacked by gold or silver. Once you have a single issuing monetary body you have an invitation to corruption. Deals will be cut and "select" people will receive loans for impractical projects. In reality the money will not be paid back. Inflation will rise no matter what anyone intends. There is no way for human beings to run a better market than the free-market itself is capable of doing. There is simply no way for human beings to successfully control money over the long-term without the inevitable piper of reality being paid. Only the Invisible Hand can determine the amount of money in an economy.
Daily Bell: We're far from that.
Shawn Perger: Yes, we've embarked on a big experiment. Never before has the entire world been on a fiat-money standard where money is unbacked by a commodity. It's not going to end well, either. The formal demonetization of gold and silver came in the West when President Richard Nixon finally took the dollar off the gold standard formally in 1971. Since then, nothing but the full faith and credit of the United States has kept the dollar afloat.
Of course, if you go back in time, you can make an argument that these crises didn't just happen. If I have anything to contribute to the conversation that you guys are having, it's that you can make connections going back a hundred years and come up with a plausible argument that these monetary evolutions are not entirely coincidental.
Daily Bell: How do you mean?
Shawn Perger: The biggest breakthrough I had in my book – which I shared with the Bell – was stumbling across a Wikipedia document that's been removed now. It gave the dates for the demonetization of silver and it really was quite shocking. In the US, they make a big fuss about how the New York banking axis used Washington DC to outlaw money as silver. The Crime of 1873, it's called. It was a huge deal in America, which had bimetallism up to that point.
But what was so fascinating to me – and eye-opening was that silver was demonetized around the world at approximately the same time. What are the chances of that? We went from a gold and silver standard around the world, to a gold standard, and then after World War II a central bank-gold standard and then in 1971, even that standard was severed. All these changes were worldwide. In the history books, the American demonetization of silver is treated as a huge political issue. But how do we explain it in the context of the demonetization around the world? Suddenly it looks like a lot of fuss about nothing. It was supposed to be a specific American crisis, but it turns out that it wasn't and that America was just a small part of the deal.
Daily Bell: We agree with you about the silver issue. It's quite startling when you look at things in context.
Shawn Perger: I'm not a big fan of conspiratorial historian David Icke's theory that the elite is actually a bunch of reptilian lizards. But he's got a point when he suggests that his travels have made him suspicious of the way changes happen around the world. If you travel in South America and Europe – and even China as well – over and over you find a lot more homogenization these days than you might expect. A law in one country is suddenly enacted in another. You see it with these electric cars. Or with global warming for that matter. Suddenly everybody is concerned about this problem or that one. And the solutions tend to be similar as well. What the silver demonetization history showed me was that this homogenizing has been going on far longer than we might expect.
Daily Bell: We're going to print the excerpt at the end of this interview. Let people see for themselves.
Shawn Perger: It's a fairly startling timeline. And there's a quote you should use as well.
Daily Bell: Yes, from US Secretary of the Treasury Carlisle.
Shawn Perger: It brings home quite clearly questions not just about monetary manipulation but how far back all of this stuff goes. It's actually creepy to contemplate. From this point of view, the history we've been taught is like ripples on the lake. You never see beneath, to what is actually causing the disturbance.
Daily Bell: But maybe the Internet has allowed us to look beneath?
Shawn Perger: It's allowed us to put together a lot of items that we weren't able to see in context. That's what I'm trying to offer with my book and with Foremost generally. A way to put modern life and modern investing in a larger perspective. It's not something that has been done before, or not generally. You've helped pioneer this point of view, but I think it's one that is going to become only more popular over time. People have to realize that the real conversation in the 21st century is between an increasingly educated populace and an Anglo-American money mafia that has been manipulating world events maybe for centuries. It affects every part of our lives and how we generate and maintain wealth.
Daily Bell: Obviously we agree with that sentiment. Anything else you want to mention? Where can we find your book?
Shawn Perger: The book has just been printed in a limited edition and is available on Amazon. You can access it by clicking here now. If it is currently not available, you can drop us an email at firstname.lastname@example.org and we'll try and help you get a copy.
There's one other thing I'd like to mention. A new venture for Foremost, one that I cannot talk about yet, but certainly the biggest single entrepreneurial effort that I've ever been involved with may be materializing. I think it's going to be a pretty incredible venture and I'm very excited to announce it, but we can't quite yet. We are just completing our due diligence now and, if this appears to be as real as it promises, I think we may have stumbled onto a life-changing opportunity here.
Daily Bell: Sounds interesting. Let us know when we can mention it.
Shawn Perger: I certainly will as I fuly intend on maximizing my own exposure, professionally and financially to this venture if my research gives me a green light. Thanks for having me.
Daily Bell: Our pleasure. Readers can see the silver-demonetization timeline below.
COINCIDENCE OR PLAN – YOU DECIDE! (Excerpted from Crisis Cycle Investing by Shawn Perger)
History of Monetary Systems by Alexander Del Mar, 1895 Dates of Demonetization of Silver
France and the Latin Union - A conference between "the four states whose monetary system rests on a numeration by francs,": viz., France, Belgium, Switzerland and Italy, resulted in the Latin Monetary union of December 23rd, 1865. Accordingly, when the international delegates met again (June 17th, 1867), it discussed the entire monetary question, and carried a resolution in favor of what is called gold monometallism. This resolution was soon afterwards engrafted upon the legislation of the States which agreed to the Latin Union, in the shape of a New Mint Code. In 1873, France and the Latin Union limited the coinage of silver.
Great Britain - By the Act of 1816, the mints were closed to the private coinage of silver, and all silver coins, whether light of heavy, were limited in tender. In 1870, a New Mint Code was enacted.
Germany - On December 4th, 1871, an Act stopped the further Private Coinage of full legal- tender silver and ordered a new coinage of gold pieces of full legal-tender. The German Act of 1873 suspended the Private Coinage of silver. All new silver coins were limited in tender.
Portugal and Brazil - Portugal in 1854 copied the British System of 1816, suspended the Private Coinage of silver, limited the legal-tender of silver.
Scandinavia - On September 20th, 1872, a monetary union was adopted by Sweden, Norway and Denmark, which was followed by a New Mint Code. Under this code the private coinage of silver was suspended, and the legal-tender of silver coins limited.
Japan - In 1872 this state adopted a New Mint Code, forbade the Private Coinage of silver, limited the legal-tender of silver and adopted what is known as "the gold standard." In 1878 after "the gold standard" had duly departed from the country, the full legal-tender of silver coins was restored and Private Coinage again permitted. In 1894 the Private Coinage of silver was again suspended.
Holland - The laws of May 21st, 1873, limited the legal-tender of silver coins.
Italy - Under a renewal of the Latin Monetary Union dated January 31st, 1874, and the law of July 17th, 1875, the Crown limited the legal-tender of silver coins.
Spain – The law of August 20th, 1876, suspended the Private Coinage of silver, except as to metal produced by the mines of Spain.
Russia - The law of November 13-15, 1876, adopted gold coins as sole full legal-tenders, and reduced the legal-tender of silver coins.
Austro-Hungary - The decree of March, 1879, suspended the Private Coinage of silver, but did not limit the legal-tender of silver coins.
Turkey – In 1882 full legal-tender was limited to gold coins.
British India – An order Council, dated 23rd June, 1893, suspended the Private Coinage of silver.
Argentine Republic – The law of September 29th, 1875, authorized the Private Coinage of gold, admitted certain foreign gold coins to full legal-tendership, limited the legal-tender of silver coins and forbade the Private Coinage of silver.
Chile - Law of November 26th, 1892, stopped the Private Coinage of silver, limited the legal-tender of silver.
United States of America - The New Mint Code of February 12th, 1873, destroyed the Private Coinage of silver by indirection, in omitting the word "dollar" from the empowering clause relating to silver coins. December 1st, 1873, the Code Commissioners made an unauthorized and unwarranted alteration of the law by limiting the legal-tender of "all" silver coins, including the outstanding silver dollars, which had been full legal-tenders since the foundation of the Republic. Both these Acts (of 1873) were passed during a suspension of coin payments, and without eliciting public attention. This surreptitious legislation was not discovered, nor did it attract public attention until 1875-6.
Mr. Carlisle, since Secretary of the Treasury, said in the House of Representatives, February 21st, 1878, "The conspiracy which seems to have been formed here and in Europe to destroy by legislation and otherwise from three-sevenths to one-half of the metallic money of the world, is the most gigantic crime of this or any other age. The consummation of such a scheme would ultimately entail more misery upon the human race than all the wars, pestilences and famines that ever occurred in the history of the world." Mr. John Jay Knox, one of the officials who in 1869-70 lent his assistance to the preparation of the American Mint Code, when the matter was brought home to him acknowledged his part in it, and boasted that he was "proud of his work."
Shawn Perger did us a favor by reproducing this silver demonetization timeline. It clearly shows how a wave of demonetization swept round the world in the late 1800s. But more than that, it shows once again the insufficiency of education when it comes to Western history. We tend to think that Shawn Perger is right. Education in the West as it is offered today provides a clear view of the ripples in the water without showing us what is moving beneath.
It is no clearer, for instance (as we have mentioned before) as to why the world went to war in 1914 then any other explanation. We have some of the same questions regarding World War II. It is fairly clear that Hitler did not want to fight Britain – he even let the entire army escape from Dunkirk. What were the real reasons behind these wars and who was really responsible for their advent? We have our suspicions.
We've written any times before, by now, about our astonishment over the questionable nature of much of the "accepted" historical narrative of the 20th century. And if this silver demonetization timeline is to be believed, we would probably have similar questions about the 19th century as well. In fact, in many ways we do. We have never been entirely clear about the causes of the Civil War. Why was it necessary for the South to secede so violently – and why didn't its leaders fight a guerilla-style war rather than play into the North's hands with vast set-piece battles?
History is written by the victors, yes. But we would add to that by suggesting that history is written by those who foment the wars and even, perhaps, choose the victors in advance. We would argue a new paradigm is needed, one that recognizes that history is not created by "great men" or even the "proletariat." History is, very simply, a purposefully obscured narrative of elite activities and the impact that they have on the larger society. In other words, history is "us versus them" – the leaders of society versus everyone else.
So much can be explained once one decides to use this particular perspective. It illustrates everything, from wars, to culture, to architecture and even religion. It turns out that most of human history – and doubtless prehistory – is a narrative of elite attempts to control the fractious masses beneath by any means necessary. One can even look at investments from this perspective, and Shawn Perger does us a favor by explaining how it can be done. We thank him for his interview. Here at the Bell we also await the wider distribution of his book and a more specific announcement of the venture that he mentioned at the end of his interview. It sounds mysterious ... but interesting, perhaps.
Posted by S4bj on 01/02/11 02:48 PM
"Silver has a historical long term use as a currency, and yet we see don't see that mentioned in the dialogue today."
150 years ago there wasn't many uses for silver besides monetary, (teapots, etc. were just a form of temporary utility for your money and to show it off), so the stock of silver money could remain relatively static with time. This no longer even remotely true. There is a silver shortage due to industrial uses and demand that exceed the production of it. It will be (or already is) rationed by price. A very useful and volatile commodity such this is a poor currency. Platinum would be another example of a poor monetary commodity for the same reasons.
Gold does not have that problem. There are relatively little uses for gold besides the monetary one, which is immensely important. (Jewelry is really just wearable money.) The supply remains relatively static, growing a small predictable amount every year. Indications so far are that there will be enough gold monetary stock available to continue to provide for a medium of exchange.
The FOFOA article is an excellent description of this: Click to view link
This article was dismissed out-of-hand by too many "experts". I don't know if it was due to their lack of understanding or if there was an agenda. FOFOA's logic was inescapable, I thought.
Posted by Zenbillionaire on 01/02/11 02:42 PM
"If we see evidences of an electrical economy emerging without the orchestration of obvious power elite interference, we shall be very happy to proclaim its emergence and utility."
So, perhaps I can share story, one that may edify the Bell's readership on the subject of independent power systems, the SmartGrid and the future of the electric economy.
When I set out to build an independent power system I went to many vendors with a request for proposal. All of them came back with designs that were not capable of operating in the absence of the larger power grid; every single one of them. These were the largest solar power installers in the State of California.
The most obscene attempt to convince me that it just wasn't possible to design a photovoltaic system capable of operating off-grid came from a salesman who told me that the array couldn't operate when the grid was down because "there wouldn't be anyplace for the unused electricity to go".
He implied the system would explode and catch fire if it wasn't shut off as soon as the grid failed. Another salesman told me the grid was necessary because it provided a 60Hz reference signal, and without that signal the inverters couldn't operate.
I mention these absurd tales because they came from real sales people who work for real solar power companies. The assumption they make is that the general public are flat out stupid and will buy into any nonsense capable of escaping their brain damaged heads. So, yes; their likely is a conspiracy to tie the hands and limit the capabilities of independent power producers. Caveat Emptor.
This does not mean that a person of modest intelligence can't find a product that actually does operate off-grid. It can be done. The SmartGrid can in fact be lobotomized, as it should be.
Reply from The Daily Bell
Well, you are proving our points, Zenbillionaire. Thank you for the anecdotes. Here is an article we have written on Smart Grid ...
Click to view link
Posted by William Falberg on 01/02/11 02:36 PM
Rather than ascribing historical time-line sychonicity to conscious conspiracy might it not be easier to rationalize as confirmation of some philosophical cliches? Like: "Bad news travels fast"; "Good ideas tend to float to the surface" "Thoughts have wings"; etc. etc. etc. As technology advances, economic reality changes, and our response to those changes change as we sort through which responses work, and which don't. On the individual level: if we "create our own reality" is it not possible that whole civilizations also "create their own realities" by shared ideas?
I've always thought the economy was based on CONFIDENCE, not any gold or silver standard. Is it possible that that naivity of thought, historically re-enforced by tradition, has sustained us throughout the term of fiat currency: and that the "enlightened" questioning of that FAITH is responsible for the imminent collapse of centralized banking; world-wide?
Posted by S4bj on 01/02/11 02:21 PM
"... the Volt, a pathetic attempt at electrical travel. It is one that features a 100 mile radius, no electrical stations (as of yet) and a US45,000 price-tag that the federal government itself (surprise!) is willing to partially finance. This is your brave new world? "
A tinfoil hatter conspiracy theorist such as myself (and proud of it) might suggest that the Elites have decided that it is not in their best interest to encourage the serfs to travel too far from their homes. The current TSA policies strongly suggest the same.
It is much better (and safer) to keep the flocks penned up in manageable sizes and their communications abilities restricted as much as possible.
This is one big reason that I believe that the Elites must, if they are to retain (or obtain) absolute power, get the internet under control. They may have enough control of the infrastructure to enable this in the not so distant future, I fear.
The Volt cannot get you very far "off-the-grid" if the current laws of physics are correct and there is no other fuel source (like gasoline or wood) available. I'm still voting for the laws of physics being correct.
Posted by Erik on 01/02/11 02:21 PM
Not expecting a response, just looking to expose DB to the arguments for the Venus Project (TVP).
I believe the free market ideas pushed by DB are better than our current gov-controlled system of today, but I believe TVP is an inevitabilty for a more fulfilling livelihood for the entire population.
There certainly are some well-thought out points in this video.
Click to view link
Reply from The Daily Bell
We consider this stuff may be some sort of COINTELPRO.
Posted by Wayne on 01/02/11 02:21 PM
Scott is correct on the true nature of the power structures. They expand to consolidate and increase their power because they can, not because they need to to. It's all about power, for money always flows to power.
Posted by Scott on 01/02/11 02:16 PM
My take on David Icke's bizarre theory of reptilians is that he is making a metaphor referring to those among us who are psychopath/sociopath/antisocial sorts.
Those who are incapable of empathy, which sense, it appears, is a requirement for "morality" to have any meaning, or foothold in the brain. Looked at in this perspective, it all becomes perfectly clear. I suggest two thinks for examination, 1) Kevin Barrett's article "The Twilight of the Psychopaths," and 2) Butler Shaffer's magnificent book, "Calculated Chaos" in which he examines the nature of institutions to continue to seek and enhance their power long after the reason for their creation has ceased to be a factor.
I think that it is in the nature of nature that these power structures are self supporting and self perpetuating, not some specific conspiracy or other. For example, the nature of a species to take over in a new environment to the detriment of the ecosystem as a whole is not due to a specific conspiratorial plan amongst the plants, rather it is just the nature of the system. Over time all things self correct and evolve. We, of course, are looking at a small slice of time.
Posted by Wayne on 01/02/11 02:16 PM
Mr. Perger is on it!
Silver is the secret here.
Silver has a historical long term use as a currency, and yet we see don't see that mentioned in the dialogue today.
Somehow the dialogue has been reduced to Gold or paper.
This is the "real" secret of the elite.
They are in control of the terms of the dialogue.
Control the terms of a debate, and you must win that debate.
Let me suggest the silver is the free-market's currency, and gold is just the Mercantilists game. And Mercantilism/Corporatism is the elite.
Play the Gold game, and the Crown wins.
Go to Silver now to change the odds of this battle to favor you, or at least give the individual a fighting chance.
Posted by Graysailor on 01/02/11 02:12 PM
Interesting article. I agree with most of what was said " and am working on my old gas powered 1972 dirt bike for WTSHTF. But I have regular bikes for total 'off the gridness'. Still " we won't get decent electric solutions until money is poured into development " and anything that gets us off oil and gas would be a good thing wouldn't it?
As long as it's practical and cost effective? I agree " you still have a 'grid' to deal with " but I don't see myself as being able to produce gasoline in my backyard either " so I'm attached to that grid also. Creating a useful electric powered vehicle could be easy " if we were willing to limit weights of vehicles and reduce their 'safety requirements', etc. etc.
The only thing that most Americans understand is cost " so getting them off of gas powered vehicles is going to be easy " $10 a gallon gas (probably this year). But we better have something to replace them with or we are going to have social and economic chaos, and the more rural states (with us like minded libertarians) are going to be in trouble.
Posted by Bluebird on 01/02/11 02:06 PM
Great interview, DB! This site just keeps getting better if that were possible. After your roundup yesterday and this interview with this outspoken young man, I have been on "shouting ground". It is good to see some are actually making good use of the truth telling of the internet. Keep pressing onward! Even if the internet is squashed, we are enlightened. No turning back now.
Reply from The Daily Bell
Posted by Zenbillionaire on 01/02/11 01:52 PM
Like Heuristic, I'm puzzled by the editorial bias against electric vehicles that permeates this publication, it seems misplaced within a venue promoting individual freedom and free markets.
Solar power systems may not yet be able to compete economically with coal and gas, however the gap is narrowing almost daily. The idea that independent power generation would somehow play into the hands of globalists is counter-intuitive to say the least. Certainly, for an individual to secure the private means to produce gasoline would be virtually impossible, yet it is perfectly reasonable to consider the acquisition of sufficient production capacity to power one's own home and transportation use existing photovoltaic technology.
Perhaps the Bell has taken an "across the board stand against the Green promotion, and so has inadvertently thrown a baby in the gutter. It's often good to remember that The Powers That Be make mistakes; remember Al Gore invented the Internet.
Reply from The Daily Bell
As we wrote earlier in this thread, the Bell is agnostic on the issue of electrical cars or anything else having to do with alternative power sources and transportation. In fact, we believe such solutions DO exist but have been SUPPRESSED.
We believe when it comes to electric vehicles, the power elite itself is orchestrating their creation and usage as part of a larger move to plug every part of humankind's existence into a "SmartGrid" for better tracking and governance purposes. This makes our elves even more cynical and suspicious than they already are. If we see evidences of an electrical economy emerging without the orchestration of obvious power elite interference, we shall be very happy to proclaim its emergence and utility.
Posted by John Blenkins on 01/02/11 01:26 PM
First Class Interview DB.
Amongst many eye opening thoughts and revelations the point about the internet confounding ignorance to the dustbin in regard to game plays by the power elite is manifestly true.
The net is awash how over history the Money Mafia as Shawn puts it has manipulated the world,in the last 250 years in particular. His warning of a bout of hyperinflation is interesting as up until recently hardly anyone has acknowledged this possibility even now little is being said.I strongly agree and have said so several times.
I do hope Shawn and my opinions are very far from the mark and will welcome the ridicule when time proves me wrong.
Went to see David Icke at The Brixton Academy back in the summer 9 hours of it much of what he said made sense. For the life of me I could not get my head round the reptilian/lizard baloney. I tactilely retreated to the early evening warm air and a pint of al fresco Guinness flicking out my tongue to capture a bug silly enough to get in range.
Much later I read some where that DI might be using the reptilian meme as a smokescreen to keep TPTB of his back. At least that view holds some credence in reality.
DB as one of your most slavish sycophants I submit this post for your approval. Can't get my tongue out of my cheek on no, no bugs tonight.
Posted by Billl on 01/02/11 01:10 PM
The author's views on electric cars, solar power and his take that it is an elite led revolution are surprising. If one dismisses the oil companies and the fact that our plastics, roads, fertilizers are ALL dependent on oil. It seems detrimental to the current economy. But Peak oil is a reality. Economic growth is a reality. Something that grows at 10% annually doubles every 7 years and quadruples every 14 years. It does not take a rocket scientist or a bell editorial to see this is not sustainable. Perhaps the Elite are more aware and do not want to see the system collapse and take them along with it.
Reply from The Daily Bell
Perhaps peak oil does exist. Perhaps it does not. But human action and Adam Smith's Invisible Hand show quite clearly that RESULTS of Peak Oil will not be what is often described - chaos and the end of civilization. People, if left alone, will come up with adequate substitutes for whatever they are missing. Anyway, here at the Bell we do not believe in Peak Oil as it is often described, nor its consequences, believing it to be a scarcity-based promotion of the power elite. Obviously Shawn Perger shares our views.
We are not surprised, as he shares many other perspectives as well.
Peak Oil, seen this way, is designed to frighten people into accepting global solutions of deprivation and regimentation. We believe in the individual primacy of the human spirit and the ability of people to triumph over even the most severe challenges. You are welcome to believe in the implacable degeneration of resources and civil society. We reject it, along with Ludwig von Mises and many others. We believe we stand in good company. And we stand with Mr. Perger on this issue.
Posted by Bernie on 01/02/11 01:03 PM
for some details on silver demonitarization in the US,watch "the secret of oz"(~49 min) by Bill Still,who also is the author of "the Money Masters"
Click to view link
Reply from The Daily Bell
The Money Masters is well known, thanks. The point of running the chart was that it showed succinctly and clearly the amount of foreknowledge and manipulation evidently involved in removing silver as money around the world.
Posted by Heuristic on 01/02/11 12:26 PM
It looks like the blog cut out my "does not equal" sign. It should be GM "does not equal" electric cars, in my reply above.
Posted by Fireberries on 01/02/11 12:25 PM
In his book, "Money, Bank Credit, and Economic Cycles," Jesus Huerta de Soto confirms Mr. Perger's 19th century history of coordinated money power machinations is but the tip of an historical iceberg.
De Soto documents banking schemes going back at least to the 14th century, perhaps much earlier even back to contentions in the ancient Roman law of deposits (SEE the Introduction, especially xxiii ff).
Reply from The Daily Bell
Excellent. We too believe it starts back at least with Romans, and perhaps earlier than that.
Posted by Heuristic on 01/02/11 12:23 PM
"Are you invested in GM? Or perhaps you are a government worker. Maybe you simply believe everything you read in the New York Times."
Here we go again. That's just like your previous ad hominem, without any shred of evidence, that I was a bomb-them-all neocon:
I don't own any stocks, preferring instead to invest everything in my business, living arrangements and self-education. I don't read newspapers, unless one counts the online articles cited on libertarian websites. And I own my own business and have never accepted work from government.
I'm not talking about GM. Here's a clue: GM does not equal electric cars.
Is Tesla or any of the other electric car makers a PTB conspiracy? Is the declining cost of solar electric power a NWO conspiracy? Are the African villagers who can do all sorts of useful things with their cell phones, small solar cells and LED lights in the employ of the CIA?
I wouldn't expect GM to make anything efficiently any more but they are not the only show in town.
Reply from The Daily Bell
Ah, now you actually begin to make an genuine argument instead of engaging in sophomoric putdowns of the Bell audience.
In fact, if there are alternative energy systems available that have come from the marketplace itself rather than from Western power-elite machinations, the Bell elves would be all for them. But what we see currently is yet more of the same, a repeat of the 1970s when the power elite last attempted to create a Green Society (of ultimate control) using inadequate technology, underpriced and underperforming. Pardon us if we remain cynical.
If you have links to new, alternative "miracle" energy technology, provide them. If such technology expands over time and finds a foothold in the West, feel free to remind us of your argument. From our perspective, if it is good, empowering and utile, the powers-that-be will go out of their way to squash it as best they can before it gains a foothold in the West. They want technology that entraps, not empowers.
Posted by Victor Barney on 01/02/11 12:22 PM
Great interview with Shawn Perger! I'm again coming from a different approach it seems, but it does appear to me like the plan to develop a world-wide "cashless" society has been around even longer than I had thought! I still believe that the "biblical" cashless society is being delivered shortly by UPS, so to speak!
Posted by Wilson on 01/02/11 12:11 PM
Re: demonetization of silver ... Google JFK and silver certificates
Reply from The Daily Bell
It seems unfortunately, something of an urban myth. Edward Griffin has written on the subject.
Posted by Heuristic on 01/02/11 12:08 PM
I look over the comments and I'm struck by how conformist some of these supposedly muscular individualists are, like Ayn Rand's inner circle in her declining years.
Reply from The Daily Bell
But you Heuristic, are an independent thinker, challenging the Bell to rethink its positions and conform more gloriously to the statist positions you evidently admire. Somehow, for you, this constitutes independent cogitation. Did you buy the GM IPO? There's a stock you can hold all the way down ...