Investment Intelligence When it REALLY Matters.

The California Gold Rush of the Twenty-First Century

When one draws comparisons between the California Gold Rush of the mid-1800s to the current gold craze, the similarities are striking.
 
 
"Many, very many, that come here meet with bad success & thousands will leave their bones here. Others will lose their health, contract diseases that they will carry to their graves with them.
Some will have to beg their way home, & probably one half that come here will never make enough to carry them back.
But this does not alter the fact about the gold being plenty here, but shows what a poor frail being man is, how liable to disappointments, disease & death.
There is a good deal of sin & wickedness going on here, Stealing, lying, Swearing, Drinking, Gambling & murdering. There is a great deal of gambling carried on here.
Almost every public House is a place for Gambling, & this appears to be the greatest evil that prevails here. Men make & lose thousands in a night, & frequently small boys will go up & bet $5 or 10 & if they lose all, go the next day & dig more.
We are trying to get laws here to regulate things but it will be very difficult to get them executed."

 

A letter from a gold miner, Placerville, California, March, 1850; Holliday, J.S. Rush for Riches: Gold Fever and the Making of California.
Have you ever compared the current gold craze to the California Gold Rush of the mid-1800s?

As you will soon learn, the similarities are striking.

During the California Gold Rush, people came from all over the world seeking the chance to strike it rich by mining gold in northern California.

 

At first, the gold was plentiful. In the very early days of the gold rush, you could even pick up small nuggets off the ground with ease.

But with people flooding in from all over the world, as you can imagine, the “easy gold” disappeared real fast.

The “forty-niners,” as they were called (in reference to gold miners in California in 1849), began panning for gold in creeks. This too yielded a good amount of gold for a while, so word continued to spread about this great opportunity, bringing even more prospectors into Northern California from many parts of the world. 

Soon, most of the gold was scavenged from these inland water sources, so the forty-niners began digging for gold. This approach was much more difficult, more time-consuming, more expensive, and much more dangerous. 

While some did in fact make a good deal of money, the vast majority of the 300,000 prospectors during the California Gold Rush never got rich. Their golden dreams were never realized. Many of them died as a result of the lawlessness in the area. Many of those who survived returned home broke.

Aside from the handful of prospectors who struck it rich with their gold finds, the guys who made the most money did not get it by discovering gold.

 

Instead, they made their money by exploiting the hype surrounding the California Gold Rush. This seems to be a recurring theme whenever the masses are involved in some kind of "spectacular opportunity."

As is almost always the case whenever huge amounts of money exchange hands over short periods of time, the big winners of the California Gold Rush were those who exploited the effects of gold fever on the hundreds of thousands of people hoping to fulfill the dream of a new start on life.

The big money didn’t reach the hands of most who prospected for gold. It was made by those who opened general stores and raised prices to exploit the greed and desperation of the miners; and the guys who opened bars and other businesses that were needed to supply recreational and other services for this huge wave of newcomers.

 

 

The profiteers of the California Gold Rush made a killing selling hopeful prospectors overpriced supplies, services, and whatever else they needed. And they were willing to pay what they had to for a chance to strike it rich.

 

 

Even many of the prostitutes who flocked to the area to "service" the needs of lonely men ended up with more money than most prospectors.

Human nature is all too predictable. When someone is stricken with gold fever, they lose the ability to think clearly.

But this "fever" is by no means restricted to gold. It is the fever one gets whenever they sense they can cheat the system. The fever that afflicts many people is really greed.

The same thing happens to people who are gambling at a casino. We see the same behavior in the stock market and everything else that fosters a greedy mentality.

The crime bosses that run financial networks like CNBC, FOX Business, Bloomberg, Reuters and others know this. And it's precisely why they have girls with their boobs popping out telling you about stocks.

 

 

Illicit narcotics like cocaine have a similar effect because each of these things targets the same area of the brain. This region is known as the “pleasure center.”

Unfortunately, some individuals seek to exploit these faults of human behavior. The media uses similar tactics to simulate the same types of impulsive behaviors.

When one draws comparisons between the California Gold Rush of the mid-1800s to the current gold craze, the similarities are noteworthy. For instance, the Internet – whose backbone is located in northern California – serves as the foundation for gold-related propaganda.

Just like the early days of the California Gold Rush, during the modern-day gold rush the early participants made most of the money. They bought gold at $250 per ounce in 2001 or 2002, but they did not really make any money until they sold it in 2010 or 2011.

And I can assure you, the smart money did in fact sell all of their gold and silver between 2010 and 2012.

Once the “easy gold” was gone, the real winners of the California Gold Rush were the guys who took advantage of those who were infected with "gold fever."

This is exactly how the current precious metals scam is playing out as well.

And I refer to it as a scam because that is precisely what it is.

 

 

I have written extensively about this topic, and I have made numerous videos explaining how it all works.

Today, some of the biggest con men have created the fairy tale of the "greatest wealth transfer" that's just over the horizon.

The only problem is that they aren't telling you that this transfer of wealth really amounts to YOU transferring YOUR wealth to THEM.

 

 

That's right, folks. The greatest fraud in history isn't what Wall Street or the Federal Reserve pulled. The greatest fraud in history is happening right now and the perpetrators are the doomsday gold-pumping filth.

We are now heading into the latter stages of the "gold rush."

The smart money is long gone and the vultures are out for prey. 

The vultures are the gold dealers, paid pumpers and everyone else who is making money promoting the countless delusions and lies about precious metals, the dollar, the economy and stock market.

The vultures also include everyone who is selling precious metals and doomsday advertisements on blogs, websites and YouTube channels.

They are all filthy parasites.

And they are the only ones making money from the gold rush.

 

 

Unfortunately, those who think they will become rich through owning gold and silver are likely to share a fate similar to those who thought they would get rich during the California Gold Rush.

Gold fever is in the air, so those who have been afflicted are unable to think clearly. They are ripe for con men to exploit.

 

This explains why gold dealers are spending so much money on gold ads.

This explains why gold dealers are willing to sell you their gold, even though they insist the sky is the limit.

And this explains why they are willing to take your “worthless” fiat currency in exchange for their gold.

Throughout this gold craze, the sheep who have been infected by these gold charlatans have never bothered to ask why gold dealers are spending so much money advertising, and why they are desperate to sell their gold and silver to the public if it is set to soar, and why they are willing to sell their gold and silver to you in exchange for your "worthless" fiat currency.

 

 

These oversights reveal more about those who are buying the gold than those who are desperate to sell it to them.

There are no laws regulating the precious metals industry, just as there were no laws governing the influx of miners and profiteers during the California Gold Rush. This is why there is so much fraud occurring during the current gold craze.  

Serving as an excellent example of the lack of policing in this grand theft, Glenn Beck pumped Goldline over and over (and continues to pump them today) as his "trusted source" of gold and silver.

 

 

Yet, even after Goldline settled with the California State Attorney General on 19 counts of fraud, Beck was not forced to relinquish a single penny of the millions of dollars he was paid to pump this scam company.

 

 

There are many other scams that have been uncovered, but thousands of others that have not.

I could even make a very strong case that virtually every single precious metals dealer who has post content online and/or has disseminated precious metals and economic propaganda has committed fraud and could be sued.

Without penalty for a role in criminal activity, even if it is unknowing, there is no consequence for whoring yourself out to any criminal.

Perhaps the most pathetic outcome of the Glenn Beck Goldline scam is that Beck's sheep listeners continue to line up for his bullshit, con jobs, and lies. The market for con men continues to rapidly expand to meet the needs of a very large population of desperate and naive sheep. 

 

 

Now that you see what is going on, I want to remind you that all gold pumpers, doomsday douchebags and other conspiracy lunatics are either con men or mental midgets.

 

 

The only other possibly is that these individuals are mentally ill.

Make no mistake: Whether you are talking about so-called "mainstream media" or the virtually identical "alternative media," ALL ad-based content is designed to lure its audience into the hands of those who buy the ads.

This is precisely why you will NEVER get accurate, timely and valuable insight from the media, mainstream or alternative.

And this is why I have been banned by all media.

If people were exposed to the full truth, if they were provided with timely, valuable and accurate information, advertisements would lose their effectiveness because the entire ad and PR industry is based on lies, deception and fraud.

The media's main objective is to turn its audience into sheep by delivering trash content that has been “window dressed” to appear as valuable insight. When executed effectively, this scam attracts a large audience of sheep, which advertisers exploit.

This unethical and fraudulent arrangement between the media and its advertisers is critical to ensure advertisers pony up big bucks for ads. This relationship represents the business model of the criminal media industry, both mainstream and alternative.

It’s way past time to wake up and smell the shit emanating from the mouths of ALL gold dealers and gold promoters. 

If you have been fooled by one or more of the countless con men out there, whether it has been the liars, crooks and idiots on TV or the delusional con men from the alternative media, don’t feel bad.

Everyone makes mistakes. There is no shame in making mistakes.

But fools keep making the same mistakes over and over, and never wake up to reality or learn their lesson.

"It's easier to fool people than to convince them that they have been fooled." —Mark Twain

 

 
---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
 
Keep in mind that when you decide whether or not to listen to the ideals of someone, it is critical to determine their credibility and agendas.
So how does Mike stack up in terms of credibility?
As most of you already know, Mike holds the leading track record in the world in the investment world since 2006.
In fact, Mike is the only person we know of you have ever attached a $100,000 reward to the first person who could prove that he doesn’t hold the leading track record in the world on the economic collapse.
What about any agendas or bias? 
Does Mike get paid by outside interests to promote precious metals or securities?
It is critical to keep in mind that Mike does not sell advertisements, precious metals or securities. Therefore, he has NO agendas.
Mike has also emerged as one of the world's foremost authorities on investment-related and consumer fraud.
As perhaps the sole voice of reason pertaining to precious metals…that is to say, having accurately predicted the bull market and having warned investors about gold dealers and the gold bubble…Mike has revealed the layers surrounding this fraudulent scheme for several years now.
List of SOME of Mike's articles and videos on Gold
Ask yourself why you never see Stathis' work discussed on any gold websites.
[remember, Mike was recommending gold as early as 2001 and he even recommended it in his 2006 book. Where Mike differentiated himself from the gold-pumping con men is that he advised investors to buy the gold and silver ETFs because fees were low, and this made it possible to trade the price volatility which was something Mike stressed was necessary in order to reduce risk. He also pointed to a top in gold and silver at around $2000 and $50, after which he suggested pricing would collapse and remain low for many years]
Ask why you will never hear him being interviewed by gold dealers.
Ask yourself why very few if any gold pumpers or gold dealers have any credibility.
Ask yourself why some gold pumpers even refuse to give you their real name.
Ask yourself why some gold pumpers have moved to second and third world nations while carrying out their "business," and/or have appeared on the scene only around the time of the financial crisis.
Ask yourself why every gold pumper always says the same thing, always makes excuses when gold and silver decline, never provide you with an exit strategy, and always insist you buy physical metals.
Of course the answer to each of these mysteries is a bit different, but you can pretty much sum it up with the following...
Mike is an unbiased credible financial expert who has no agendas. And such a person poses the most dangerous threat to the precious metals pumping scam.
All precious metals dealers and promoters are lying con men and idiots who are being paid to pump gold and silver to sheep.
Mike is a real investment professional with excellent credentials, an excellent track record, no agendas (he does not sell gold, silver, advertisements or securities) and he has worked in the financial industry as a professional since the 1990s.
Most important of all, Mike Stathis holds the best investment forecasting track record in the world since 2006.
View Mike Stathis' Track Record here, herehere and here.
 
Check here also  Stathis Nails The Dec 2014 Market Selloff With Stunning Accuracy
Wake up and smell the coffee. All sources that discuss and publish material about gold and silver are NOT legit sources of unbiased info.
They are providing you with cheap infomercials!!!!  
Stop being taken for a fool.
 
 
 
For those who insist on remaining skeptical despite Stathis' world-leading investment track record, his absence of agendas and his results-based research and insights, it is important to keep in mind that he was recommending gold investments as early as late-2001 while working on Wall Street.
Below Mike has released Chapter 12 of his own 2007 book showing that he was the only one to not only have predicted the financial crisis, but also showed specific ways to land huge profits.
 
Check here to download Chapter 12 of Cashing in on the Real Estate Bubble.
 
View Mike Stathis' Track Record here, herehere and here.
 
Check here also  Stathis Nails The Dec 2014 Market Selloff With Stunning Accuracy
 
 
 

Copyrights © 2025 All Rights Reserved AVA investment analytics