3.22.12--Government taxes us year-round, often secretly, and not just on April 15.

When the interest rate paid on savings accounts and bonds is fixed below the rate of inflation, our money loses value. This loss becomes a form of "taxation" that pays for ever-growing government debts, say monetary analysts Craig R. Smith and Lowell Ponte in their recent book, "The Inflation Deception: Six Ways Government Tricks Us ... And Seven Ways to Stop It!"

It's one of several sneaky ways politicians tax us by using inflation and manipulation, Smith and Ponte say, and now a prominent economist echoes their analysis.

Former longtime University of Maryland economist Carmen M. Reinhart writes in Bloomberg News that "financial repression" apparently has become a fixture in Federal Reserve policy.

"Our politicians are robbing American savers so that government can go on borrowing $58,000 every second to continue their reckless spending," says Ponte, a former think tank futurist and radio talk host.

"They manipulate rates so you earn 'negative interest' and lose part of the value of your savings to inflation," adds Smith. "To add insult to injury, then the politicians tax the interest as if it were a gain instead of a loss. They rob you twice."

For media interviews with Craig R. Smith please contact: Bronwin K. Barilla at 1-800-950-2428 or bkbarilla@swissamerica.com.

Inflation Deception TV Ad Censored by Networks

12.5.11- Two provocative new animated television commercials developed by Swiss America Trading Corp., a national investment firm, will begin airing nationally on DISH and DirecTV satellite networks today, despite attempts by major broadcast and cable networks to block them from the public airwaves.

The first commercial, titled"PAT BOONE DEFLATES THE INFLATOCRACY," features Boone challenging Bernanke and Obama as they unleash their "2012 Stimulus Plan" by bombing New York City with armloads of $100 bills from a hot air balloon over Central Park.

The second ad,"WHAT'S REALLY INSIDE FORT KNOX," humorously asks why the U.S. Government and Federal Reserve have for 40 years refused congressional and other requests for an independent audit of the contents of America's national gold repository.

Major broadcast and cable TV networks have refused to air these ads because of their purported "political" content. Google TV has broken this censorship of the ads by the old establishment media, making it possible for DISH and DirecTV to begin airing the ads today.

The official response from major television networks stated that commercials with any political message are: "something we try to avoid" or they "do not meet our standards on public symbols."

The ads feature animated characters of President Barack Obama, Federal Reserve Chairman Ben Bernanke and entertainer /activist Pat Boone. The animation is by award-winning filmmaker Ray Griggs.

Swiss America Chairman Craig Smith toldWND.com last week that the intent of the ads was not to make any political statement. The goal, he said, was to take what we thought was a humorous approach to a timely, important and widely-misunderstood economic topic in order to advertise our company and promote our recently-published book."

"These commercials are intended to be an entertaining means of communicating why our present economic policies are destined to fail," says Smith, co-author ofTHE INFLATION DECEPTION: Six Ways Government Tricks Us...and Seven Ways to Stop It! The book includes a Foreword by Pat Boone. The ads offer viewers a free, postpaid copy of this 272-page book that retails for $19.95 in bookstores nationwide.

These new animated commercials represent a collaboration between RG Entertainment Ltd., creators of the highly-acclaimed 2010 documentary "I WANT YOUR MONEY," and Mr. Smith's and Dr. Ponte's book publisher, Idea Factory Press.

"Our goal is to present fresh, engaging ways to explain the urgent need for Americans to shrink the Federal Government's size and debt, and to restore both a personal and national gold standard," says David Bradshaw of Idea Factory Press.

Both TV commercials are available for viewing online or on Swiss America's new iPad application"The Gold Standard," which launched last week at the iTunes App Store. This App offers real-time precious metals price quotes as well as a wide range of built-in multimedia educational resources. The App is free.

For media interviews about the ads, corporate media censorship in the free and open public discussion of ideas, the economy and more, contact: Bronwin K. Barilla at 1-800-950-2428 or bkbarilla@swissamerica.com.

11.9.11 -- What is happening today in Europe is a perfect example of what occurs when the ability of a debtor to service their debt comes into question.

Italian ten-year bonds have increased 33% in four days, and today the top blew off with an additional 10% increase. Bond rates have moved from under 3% to over 7%. These increases were mild compared to what happened in Greece.

Italy now finds itself with $2 trillion in debt, with the need to borrow more to stay alive, and now they must pay over 7% to get it!

The U.S. will have $15 trillion in debt any day now.

I want you to ask yourself, what would happen if in the United States, where we need to borrow $3.5 billion per day just to survive, interest rates which are now at 2% rose to 4-5% over a one-week period?

You would see a complete meltdown of the U.S. financial system, banks would be frozen in their tracks.

Every U.S. bank would find themselves forced to lend every penny they have to keep the government alive. This would starve the private debt market. The result: corporations would not be able to borrow to finance inventory, payroll, flooring, factoring receivables, etc.

Individuals would not be able to finance auto loans, real estate mortgages or use credit cards. It would bring our 'too-big-to-fail' U.S. economy down to it's knees.

And before you think it can't happen, take a look at major countries like Russia, England, Germany (to name a few) where this has already happened.

Italy is in total chaos today. This scenario is now infolding there right now.

If you look at gold prices in terms of Euro or other foreign currencies, they are up huge today. Only in terms of dollar is gold soft. But this anomaly will be short-lived because the dollar is still viewed as a "safe haven".

The Eurozone is panicked. The world sovereign debt crisis is HERE! It is unfolding right before our eyes.

Over the long-term, gold will be the best place to hide from the devaluation of currencies and equities currently under way.

It had to happen. The central banks have been putting a band aid on a wound that needs major surgery. That surgery will need to be done, sooner or later. Better the former, where there is still a chance. If they wait until later, the scenarios of hyper-inflation will be worldwide, not just country-specific.

For additional media interviews with Craig R. Smith or Lowell Ponte contact: Bronwin K. Barilla at 1-800-950-2428 or bkbarilla@swissamerica.com.

10.3.11 -- President Barack Obama now says he will sign no jobs legislation unless "the rich...the millionaires and billionaires...pay their fair share" in higher taxes.

"Mr. Obama's new jobs proposal would impose $15 in tax increases for every dollar in government spending cuts," says Craig R. Smith, co-author of the widely-praised 2011 book The Inflation Deception: Six Ways Government Tricks Us...And Seven Ways to Stop It!

"This is a road to ruin for our economy and America's future," warns Smith.

"President Obama has already increased government's 'take' of all the wealth America produces - our Gross Domestic Product (GDP) - by 25 percent. He has enlarged the government by 25 percent in less than three years and wants to take even more from America's producers," says Smith.

SEVEN REASONS

"Such class warfare will make America poorer, not richer, for seven reasons," says Smith, the chairman of Swiss America Trading Corporation.

"The richest 3 percent of taxpayers already pay 52 percent of all income taxes - nearly double their share of total national pre-tax income - while the bottom 51 percent of Americans pay no income taxes at all. So who isn't paying their 'fair share' of national defense, highways and other benefits we all enjoy equally?" asks Smith.

"The U.S. Constitution says we're all supposed to have equal protection under the law - except, apparently, the tax laws," says Smith, who in 2010 co-authored the book Crashing the Dollar: How to Survive a Global Currency Collapse.

"America already has the highest corporate tax rate in the world - 35 percent," says Smith. "And the top 10 percent of households pay 45 percent of ALL U.S. taxes, which in the words of one U.S. Senator is 'a higher tax burden on upper income earners than any other industrialized nation.'

"We are already the most 'progressive' nation on earth," says Smith, "yet President Obama seems obsessed with waging war against those who produce the wealth and already pay sky-high taxes....with killing the geese that lay America's golden eggs."

"Some contribute a lot more to society than others - and not just in taxes," Smith says, "yet President Obama's tax-the-rich policies will harm such contributors in seven ways."

"Number One," says Smith, "is that 65 percent - nearly two-thirds - of Mr. Obama's targeted rich are business owners or investors. If more of their capital is expropriated by government, they will have less to invest in new and expanded businesses. Government will gobble up the seed corn from which future prosperity would have grown."

"Government, we need to remember, doesn't really produce much of anything," says Smith. "So where will Mr. Obama get the wealth to 'spread around' after he's taxed to death all those who produce the wealth?"

"Number Two," says Smith, "is that less private capital to invest will mean less hiring and fewer jobs, especially by the capitalists who create America's small businesses. One study estimates that the new taxes President Obama seeks will destroy up to 1.2 million jobs."

"Number Three," says Smith, "is that the rich account for 36 percent of all charitable contributions. President Obama wants to abolish tax-deductible charities so that government gets this money instead, and so people in need will be forced into dependency on government. Unlike charities, however, a welfare-state government has no incentive to make people productive, independent and self-reliant."

"Number Four," says Smith, "is that in the long run government won't really get more than 19.5 percent of Gross Domestic Product through higher taxes on the rich, according to research by San Francisco economist William Kurt Hauser. Higher taxes prompt the rich to move overseas, use more tax avoidance techniques or shrink their businesses. According to Hauser's Law, when government exceeds this tax threshhold it makes the economy worse but gains no more revenue for politicians.

Even if taxing the rich did work, government getting more and more of its total revenue from fewer and fewer people makes society unstable - like an upside-down pyramid balanced on its tiny peak. If those rich flee the country, or go broke, the loss of this narrow tax base will leave the government in a terrible way - as has happened in California with its "reverse gold rush" as the rich now rush with their gold to relocate in other states.

Maryland imposed a special tax on millionaires, expecting to make billions more in revenue. The taxes it collected instead fell as millionaires fled the state, forcing greedy lawmakers to reconsider.

As politicians from Presidents John F. Kennedy to Ronald Reagan demonstrated, the way to increase government revenue is to cut taxes, increase prosperity for all, and thereby harvest more tax money by taking a smaller piece from a much bigger pie.

"Number Five," says Smith, "is that less revenue from higher taxes will goad government into using the one form of taxation people cannot escape - inflation. Politicians such as Mr. Obama have become addicted to printing paper money out of thin air, which gives the government money by devaluing every dollar Americans have honestly earned and saved."

"President Obama has already devastated America's economy by spending more than $5 Trillion of such stimulus money," says Smith. "Then, with the Federal Reserve, Mr. Obama has built a dike of imposed near-zero percent interest rates to hold back the tidal wave of inflation this will cause."

"This dike is about to break, flooding our economy with devalued dollars and economic devastation," says Smith's co-author of The Inflation Deception Lowell Ponte, a former think tank futurist.

"Through inflation Mr. Obama has robbed everyone who trusts the U.S. Dollar, both here and abroad," says Ponte. "Inflation, however, is the cruelest and most regressive of taxes, hurting the poor most of all because they need every dollar they have to retain its purchasing power. President Obama instead chose to rob the poor through inflation to enrich the government."

Almost everyone - rich, middle class, or poor - has ways to hedge against inflation destroying the value of their savings, as either Smith or Ponte can explain during an interview.

"Number Six," says Ponte, "is that Mr. Obama is using the old Democratic Party 'Tax Trap.' Almost a century ago politicians promised that an income tax would tax only the rich, and people who envied the rich got suckered into supporting it. Decades ago the politicians promised that the Alternative Minimum Tax (AMT) would tax only those rich folks who weren't 'paying their fair share.'"

"Today nearly half of American families are paying an income tax that was supposed to hit only the rich," says Ponte, "and Mr. Obama promises, if reelected, to extend the Alternative Minimum Tax to pick the pockets 70 million Americans or more, most of whom earn scarcely more than average income."

"Wake up and smell the tax trap!" says Ponte, who along with Smith co-authored a major September 2011 White Paper titled Re-Making Money. "With the inflation that's about to flood America, we'll all be making a million dollars or more - but that income will have less real purchasing power than $50,000 in today's dollars."

"President Obama is setting us ALL up to pay sky-high taxes as if we were rich," says Ponte. "He's already set in motion the ultra-high inflation that will make this happen. For heaven's sake, open your eyes and see how he's setting America's private-sector workers up for the slaughter!"

"Number Seven," says Ponte, "is that a house divided against itself cannot stand. President Obama is playing the usual Democratic Party 'divide-and-conquer' politics of pitting people against each other by race and class.

"You cannot build a healthy, prosperous, free society," says Ponte, "through a politics that violates two of the Bible's Ten Commandments - "Thou Shalt Not Covet Anything That Is Thy Neighbor's," and "Thou Shalt Not Steal," even if President Obama is acting as your middle-man promising to take what somebody else has and to give it to you."

"This politics of envy and class warfare will frighten away investors, both domestic and foreign," says Ponte. "It is putting our economy into a death spiral that will impoverish everyone who remains in the socialist America Obama is creating - everyone, that is, except a tiny class of political rulers that will eventually devour each and every minority that has anything left to steal."

"Mr. Obama will cannibalize America's poor as well," says Ponte. "In his famous Berlin speech Barack Obama described himself as a 'citizen of the world.' As a radical left ideologue he meant this. Even America's poor are rich by world standards, and Mr. Obama will eventually confiscate what the poor here have, too, and redistribute that along with the rest of America's wealth and vanishing prosperity to the world. Every American will be a loser in President Obama's class warfare."

DEMONIZING THE RICH

"With his popularity plummeting, it's easy to see why President Obama is following his Chicago community-organizer handbook Rules for Radicals by Saul Alinsky - who taught how to demonize your opponents, polarize every difference of opinion into black hats versus white hats, and win by making reasonable compromise impossible by fomenting class warfare," says Ponte.

"Mr. Obama is desperate to demonize the rich to distract voters from his own failure," says Ponte.

WHAT IS YOUR "FAIR SHARE" OF TAXES?

"Taxes on the rich will hit Middle Class Americans, too," says Craig R. Smith. "The rich created and own the companies that make what you buy, and you will wind up paying their higher taxes passed on to you in the form of higher prices."

"This," says Smith, "is what South Carolina U.S. Senator Jim DeMint explains in his September 2011 investigation The Folly of 'Taxing the Rich.' Successful businesspeople create the jobs, paychecks, taxes, products and prosperity on which the Middle Class, the government and the poor all depend. Confiscating their investment capital will bring capital punishment down on all of us." "We need an open, honest political debate over what each taxpayer's 'fair share' should be, and what kind of society we want," says Smith. "Do we want the free market, small government society that America's Founders set forth in our Constitution, or the sort of Euro-socialist redistribute-the-wealth collectivist governmental system most of our ancestors fled to America to escape?"

CRAIG R. SMITH and Lowell Ponte are available for interview on all or any part of this press release.

To arrange an interview, contact: Bronwin K. Barilla at 1-800-950-2428 or bkbarilla@swissamerica.com.

Sources:

U.S. Senator Jim DeMint (R-South Carolina), "The Folly of 'Taxing the Rich': Why You Can't Soak the Rich without Drying Up the Middle Class." September 2011.
URL: http://demint.senate.gov/public/?a=Files.Serve&File_id=6e5f8d81-6a2d-4736-95ab-bd4a8c8d357c

"Diving Into the Rich Pool: Imposing Higher Tax Rates on the Wealthy Can Have Unintended Consequences" (Editorial), The Economist, September 24, 2011.
URL: http://www.economist.com/node/21530093/print

"Hunting the Rich: Taxation and Class War..." (Editorial), The Economist, September 24, 2011.
URL: http://www.economist.com/node/21530104/print

Thomas Sowell, "You Can't Tax the Rich," National Review, September 15, 2011.
URL: http://www.nationalreview.com/articles/print/277249

Robert Frank, "The Price of Taxing the Rich," Wall Street Journal, March 26, 2011.
URL: http://online.wsj.com/article/SB10001424052748704604704576220491592684626.html

N. Gregory Mankiw, "I Can Afford Higher Taxes, But They'll Make Me Work Less," The New York Times, October 9, 2010.
URL: http://www.nytimes.com/2010/10/10/business/economy/10view.html

TODAY'S RECESSION TRIGGERED 40 YEARS AGO BY NIXON, SAYS MONETARY EXPERT
He Shows How "We Can Fix Nixon's Mistake and Restore American Prosperity."

8.12.11- In recent days the Dow Jones Industrial Average fell by more than two thousand points and put in peril trillions of dollars of value held by investors large and small and by employee pension funds.

The Earth-shaking tremors that caused this plunge began not with President Barack Obama - but exactly 40 years ago this month with a Republican president, says a prominent monetary expert.

On August 15, 1971, President Richard Nixon shocked world leaders and central bankers by severing, without warning, the U.S. Dollar's convertibility to gold.

Historians looking back will refer to this date as "the day the dollar died!"

Without this golden anchor, the dollar has been adrift and sinking for 40 years. As have the world's other paper currencies that for stability had been pegged to the dollar's value.

"President Nixon freed the government to print all the paper money elected politicians wanted for warfare and welfare," says Craig R. Smith, co-author of the widely-praised new bookThe Inflation Deception: Six Ways Government Tricks Us...And Seven Ways to Stop It (published in July).

"This was the turning point that made today's America an 'inflatocracy,' a government of, by and for inflation," says Smith, "and destroyed the stable value of our money."

Smith is also co-author of a new White Paper (to be published August 15) that explains and documents how Mr. Nixon's destruction of the gold-backed dollar unleashed a domino effect of nightmarish consequences. Its unintended, indirect consequences may include two oil embargoes, soaring gas& food prices, three Middle East wars, encouragement of terrorism and risk of nuclear-armed terrorists, as well as skyrocketing American debt that now exceeds our nation's annual income. Today a tidal wave of debased paper money is washing away American savings, income, jobs, prosperity and values through inflation.

The good news is that Smith, founder and Chairman of Swiss America Trading Corporation, in his new book and in this White Paper - Re-Making Money: Ways to Restore America's Optimistic Golden Age - offers a variety of positive solutions to fix Mr. Nixon's terrible mistake....and to regain American prosperity.

Click here for a free copy of "RE-MAKING MONEY". To interview Craig R. Smith or his co-author Lowell Ponte, to request a copy of their White Paper or their new 272-page bookTHE INFLATION DECEPTION, Contact: Bronwin Barilla at 800-950-2428.

Surprising Facts from RE-MAKING MONEY:

What cost $1 on August 15, 1971 - the day 40 years ago that Nixon removed the dollar's gold anchor and unleashed inflation - in 2011 now costs on average more than $5.65.

Measured in inflation-adjusted dollars, the average American today earns the same income as he or she would have 30 years ago. Inflation has kept the purchasing power of American wages flat for three decades.

Despite $5 Trillion in recent "stimulus spending," America's economic growth for the past two Quarters has averaged an anemic 0.85 percent, within the margin of error of being zero or lower. This means that we may already be in a double-dip Great Recession. New economic research shows that Keynesian "stimulus" doesn't work in modern societies.

The Federal Government now borrows 42 cents of every dollar it spends. The government now borrows $58,000 every second, $3.5 million every minute, $210 Million every hour....24/7.

For perspective, the U.S. Government now borrows - and adds to the debt run up by spendaholic politicians that our children and grandchildren must someday pay - as much money, in inflation-adjusted dollars,every two hours as we once paid for the entire Louisiana Purchase in 1803 plus Alaska in 1867 - about two-thirds of all American public and private land west of the Mississippi River.

Twice as many Americans now work for government as work in all of manufacturing combined.

51 percent of adult Americans now pay no income tax, and a 2011 Gallup Poll found that 47 percent of Americans now believe the government should impose more redistribution of income.

45 percent of all American households have at least one person living there who receives some form of regular government check. By the time 84 million baby boomers are retired, more than 60 percent of American households will be receiving regular government checks.

Nearly 40 percent of America's Gross Domestic Product (GDP), comes from federal, state or local government spending.

Since President Barack Obama's January 2009 inauguration, the share of America's GDP taken by the Federal Government has grown by roughly 25 percent - from 19 percent of America's total income to more than 24 percent.

Government, in other words, has effectively grown 25 percent (one-quarter) bigger during just the past two and one half years under President Barack Obama.

The outgoing President of the Federal Reserve Bank in Kansas City said that America "is no longer a market economy," that our economy is now "crony capitalism" in which companies succeed or fail because of their contributions to politicians.

NEW BOOK REVEALS SECRETS OF AMERICA'S RULING "INFLATOCRACY"
"Inflatocracy is literally killing off...old-fashioned... Americans"

7.1.11 - America's economy seems trapped in a downward spiral of permanent high unemployment, sinking home prices and near-zero economic growth.

The Federal Reserve's massive stimulus program had little impact on the U.S. economy besides weakening the dollar... Federal Reserve Governor Alan Greenspan told CNBC last night. "There is no evidence that huge inflow of money into the system basically worked," says Greenspan.

We are facing a fast-approaching tidal wave of inflation that could sink our economy and the U.S. Dollar, and plunge our world into conflict and chaos.

Everything seems upside down. The old Keynesian rules leaders looked to for economic recovery in the past now appear not to work, like a compass spinning unpredictably and wildly in an unseen, fast-changing magnetic field.

Investors, savers and the rest of us trying to earn a living or survive on a fixed income in today's economy feel disoriented, uncertain and worried.

And on June 30th the Federal Reserve will end its stimulus program called QE2 (Quantitative Easing 2). This $600 Billion infusion of cash printed out of thin air in recent months supposedly has kept America's growth rate from falling below zero and prevented our economy from stalling and falling.

Add this to rioting in Greece, and four other European nations on the brink of insolvency, and we could be only days or weeks away from global economic collapse.

In his new bookTHE INFLATION DECEPTION: Seven Ways Government Tricks Us...And Seven Ways to Stop It!, monetary expert Craig R. Smith and his co-author former think tank futurist Lowell Ponte expose the long-unseen powerful forces behind the current economic crisis.

Smith and Ponte offer seven ways we can restore economic stability. And they show how, come what may, you can secure your life savings and protect your family's future while riding out the arriving storm.

Behind today's crisis is "the Inflatocracy, a new kind of government of, by and for inflation," that has staged a quietcoup d'etat and replaced the government of America's Founders, writes Smith, the founder and Chairman of Swiss America Trading Corporation.

America's Founders believed in small government, low taxes, frugality, thrift and individual responsibility.

The Inflatocracy is very different. It uses inflation as a secret form of taxation to fund a huge and ever-expanding government.

The Inflatocracy uses inflation and the always-growing welfare state it makes possible to redistribute wealth from those who work hard and save to others who spend beyond their productivity and serve the collectivist government.

THE INFLATION DECEPTION uncovers new scientific research that shows how inflation and the devaluing of our dollars literally changes brain neurochemistry, like a mood-altering, perception-altering drug.

American Exceptionalism is real, Smith and Ponte show, not only because of our free minds and free markets but also because those with genetic traits for entrepreneurship left their oppressive homelands to settle in the United States.

As America has become an Inflatocracy, with no more frontiers and ever-more-restricted opportunities like the European states most of our ancestors fled to escape, write Smith and Ponte, Americans who still carry their forefathers' entrepreneurial DNA are suffering elevated rates of stress, frustration, illnesses, suicides and below-replacement fertility.

The Inflatocracy is literally killing off the old-fashioned kinds of Americans who made our country successful, prosperous and free, they write.

In place of the values of America's Founders, the Inflatocracy is imposing a collectivist dependency on government and anti-individualist, anti-free market conformism that inevitably will lead to stagflation and failure.

Smith and Ponte explored other facets of today's economic crisis in their widely-praised October 2010 bookCRASHING THE DOLLAR: How To Survive A Global Currency Collapse.

To Interview Craig R. Smith or Lowell Ponte, or for reviewer copies of THE INFLATION DECEPTION and CRASHING THE DOLLAR, Contact Bronwin K. Barilla at 1-800-950-2428 or bkbarilla@swissamerica.com.

Will the World Return To a Gold Monetary Standard?

Authors offer 24-karat solutions to coming inflation tsunami in "The Inflation Deception"

7.15.11 -- A decade ago author and executive Craig R. Smith wrote a groundbreaking book, "Rediscovering Gold in the 21st Century: The Complete Guide to the Next Gold Rush", which announced the beginning of a new generational (20 year+) bull market in precious metals.

Mr. Smith said then, and repeats now, "It is never too late to change direction!"Rediscovering Gold was written to help readers...
1. Learn how and why we should diversify assets based on historical principles.
2. Understand why gold is timeless wealth and the basis for all money. (Even if Fed Chair Bernanke remains confused on this topic.)

Four years ago Mr. Smith explained to the world"Why the Quiet Bull Market of the 21st Century is About to Roar!" and why we should expect $2,000/oz. gold in the years ahead. He released a free to the public Special Report"Why Gold's Future is Bright" quoting eighty monetary experts, including Ambrose Evans-Pritchard, International Business Editor forThe London Telegraph.

In late 2007 Mr. Evans-Pritchard said, "In today's terms, $850 gold would be equivalent to $2,000 an ounce, suggesting that the current six-year bull market in precious metals may have much further to run."

Today Mr. Evans-Pritchard astutely announced inThe London Telegraph "Return of the Gold Standard as world order unravels". "As the twin pillars of international monetary system threaten to come tumbling down in unison, gold has reclaimed its ancient status as the anchor of stability."

InThe Inflation Deception Mr. Smith and co-author Lowell Ponte explore several variations on how to go about returning to a gold standard -- as a nation and as individual citizens -- before the new "Inflatocracy", led by Fed Chairman Ben Bernanke and the Obama Administration crash the dollar and further exacerbate today's "debt threat."

Mr. Bernanke told Congress this week that a new QE3 stimulus program is being prepared in the wings, which would crush T-bonds and the U.S. Dollar while boosting equities, gold and inflation.

"Mr. Bernanke is willing to keep expanding the Fed balance sheet,"said Smith. "More security purchases may be required," said Bernanke.

"It should be no surprise the world's ultimate currency -- GOLD -- has reacted sharply. Today gold prices climbed to fresh 2011 highs, up $20 to $1,585 an ounce," says Smith. "When QE3 materializes, gold prices will head over $2,000 an ounce very quickly and $50+ an ounce silver is a certainty."

For further study on the topic of"WHY A GOLD STANDARD NOW?", read Mr. Smith's 2004 Essay which outlines a variety of paths leading back to the gold standard, as well as "MONETARY POLLUTION AND THE GOLD STANDARD", a classic speech given by Ferdinand Lips, author ofGold Wars.

Fed Signals QE3 to Boost Stocks, Gold& Inflation -Authors

7.13.11 - Federal Reserve Chairman Ben Bernanke told Congress Wednesday that a new stimulus program is in the works, thereby boosting equities, gold and inflation.

"QE3 is seriously being considered and perhaps has already started," says Craig R. Smith, author and Chairman of Swiss America.

"This is exactly what Lowell Ponte and I suggested in our newest book, 'The Inflation Deception'. Mr. Bernanke said more stimulus may he needed. "There is more we can do if we need to act".

"Wall Street is dancing in the streets as QE2 has boosted equity prices so far in 2011," says Mr. Smith. "The unspoken 'third mandate' of today's Fed is to 'levitate' the stock market."

"The Fed's fourth apparent mandate is to make the economy appear to be improving to likewise levitate President Obama's reelection prospects. The Fed and Obama's misery index is rising fast."

"No wonder Mr. Bernanke has become Wall Street's best friend. The Fed is basically pushing investors toward the stock market," said Smith.

"Mr. Bernanke is willing to keep expanding the Fed balance sheet," said Smith. "'More security purchases may be required,' said Ben. The goal will be to keep 'exceptionally low Fed funds rate.'"

"It should be no surprise the world's ultimate currency -- GOLD -- has reacted sharply, rushing to fresh 2011 highs, over $20 an ounce," says Smith. "When QE3 materializes gold prices will head over $2,000 an ounce very quickly and $50+ an ounce silver is a certainty."

Congressman Ron Paul asked Mr. Bernanke if he thought gold was money. Mr. Bernanke hesitated, then flatly said "No", nor does he think that Treasuries are money.

"But if gold is not money, what IS money? Paper? Debt?" ask Smith and Ponte.

"Without a universal standard for a money system, how in the world do we establish the value of anything?" asked Smith.

"Running an economy on undefined 'money' is an example of the gambling on the 'bigger fool theory'" said Smith.

"This is a terribly reckless way to run a country which controls the world's reserve currency."

Bottom line: "Mr. Bernanke's Fed has lost control of the economy and Ben is flying by the seat of his pants by pursuing a very dangerous path," said Smith, as he warned in his books"Crashing the Dollar" and"The Inflation Deception."

"Helicopter Ben" (or as depicted on Smith's new book cover, "Hot Air-Balloon Ben") "is madly creating money while Americans sleep, in preparation for the next work day,only to be rewarded with devalued U.S. dollars!" said Smith.

"This country is in deep trouble," warns Smith, "with 'leaders' like Mr. Bernanke, Mr. Obama and Mr. Geithner in charge of our financial future."

"This is why owning physical gold is no longer a luxury, it is a NECESSITY! (unless you are willing to give the govt the remaining amount of money you did not already give them in taxes)," says Smith. "Inflation will soon get the rest."

Sources: "Bernanke: Fed May Launch New Round of Stimulus" - CNBC http://www.cnbc.com/id/43739458

"Gold hits record high on Bernanke, euro worries" - Reuters http://www.reuters.com/article/2011/07/13/us-markets-precious-idUSTRE7592IU20110713