— A true story —
Kidnapped by a
Gang of Caribbean
Serial Killers

Interview of Captain Steve Hubbard by David Galland

ADVISORY: The following is a transcript of an interview which contains the details of a true story involving kidnapping, graphic descriptions of violence, and a real-life fight for survival against terrible odds.

 “The first thing I noticed was a look of pure evil that I have never seen in my life before. His face and his demeanor changed to that of a killer. I realized that I was about to get jumped, but I was still in shock and I was actually talking to them in a calm voice, asking them, "Are you serious? Are you seriously trying to do this?" – Captain Steve Hubbard

Narrator
That is exactly what happened to Captain Steve Hubbard, who was kidnapped by the murderous Regatta Murderers, a gang of serial killers so vicious that the prosecutor who brought them to justice said – and we quote:

“I cannot begin to describe what they have done… we are dealing with madmen here.”

It was these very same madmen who kidnapped Captain Hubbard on the night of February 19, 2010.

That he survived against all odds provides eight important lessons in protecting not just your personal safety, but in becoming resilient in the face of financial and social chaos.

We’ll get to those lessons momentarily, but first we’ll go to David Galland’s recorded interview with Captain Hubbard.

Narrator
We’ll get back to David Galland’s interview with Captain Hubbard momentarily.

And we’ll share with you eight very specific lessons learned from Captain Hubbard that you can use to become more resilient and better able to survive against seemingly impossible odds, including those emanating from the next and most serious leg down in the dangerous global economic crisis, which we see as increasingly imminent.

This may be a good time to introduce you to Casey Research. You may have heard of the firm because of the publicity it’s received due to our very public warnings for investors to move out of speculative real estate and into precious metals ahead of the current financial crisis.

David Galland is one of the partners of Casey Research, along with successful businessman Olivier Garret and legendary investor and best-selling author Doug Casey – the namesake of the company.  Since founding the firm 29 years ago, Doug has made a name for himself predicting upcoming market moves.  In fact, here’s a direct quote from Doug that appeared in the October 1998 edition of our flagship monthly newsletter.

 “I’ve discussed my rationale for why the gold market is at a bottom over the last few months; I’ll reemphasize my opinion that the price of gold isn’t just going through the roof, it’s going to the moon.”
– Doug Casey, Oct. 1998

At the time, gold was selling for just $298 per ounce.

And in the same edition of our flagship publication, writing on the topic of gold stocks, Doug wrote the following line that you may have seen quoted by the media.

“THIS IS THE TIME TO BACK UP THE TRUCK. If I could call your broker for you, I would.”
– Doug Casey, 1998

In the following chart, you can see the result for readers of these recommendations to buy gold and silver ahead of the powerful, decade-long bull market.

As you can imagine, we have a lot of very happy subscribers.

But I’m not here to brag about the work done at Casey Research.

Rather, I want to share with you Captain Hubbard’s remarkable and inspiring story and the specific lessons his experience offers to anyone looking to become more resilient against all manner of threats, including the financial meltdown and attendant social chaos we here at Casey Research now are now convinced is increasingly imminent.

So that you can draw your own conclusions, we’ll back that contention up with irrefutable evidence as to why the hard times just ahead are inescapable.

We’ll get to that evidence and much more momentarily, but first back to our interview.

When we left off, Captain Hubbard was locked in a desperate fight with the serial murderer heading up the gang, while his two accomplices had climbed out of the back of the car wielding baseball bats.

Narrator
Captain Hubbard will be back to tell us how the story ends in a moment, but first a quick break to elaborate on something I said earlier: namely, that based on our research, the team here at Casey Research – the same that so accurately predicted the current global crash – is convinced that the financial crisis is far from over.

In fact, it is about to get much worse and will most likely be accompanied by increasing levels of social chaos.

If we’re right, and based on the research I’m about to reveal, we’re convinced we are – you will soon face a very real battle for investment survival.

If you listen to the politicians and their friends on Wall Street and mistakenly think the crisis is over, then you’re at risk from a dangerous turn in the economy.

So dangerous that it could literally ruin you financially.

Why?

While I could go into great detail on the topic – and we have a globally distributed staff of 24 analysts, so we’re good at detail – in the interest of being efficient with your time, I’ll cut to the chase.

Start by taking a quick look at this chart of the growth in US debt, both private and government.

And then at this, a chart of rising debt levels in the rest of the world.

What these charts clearly show is that the entire world is awash in debt. Over the last decade, global debt has grown at an average rate of 11% each and every year.

And in the US, it’s even worse than that: during the first four years of the Obama administration, federal government debt rose from $9.9 trillion to $16.2 trillion – a mind-numbing 64% increase!

That is a huge rate of expansion – unprecedented in modern history for a major economy.

Three key points on this debt:

1: The unfolding global financial crisis is directly related to the record levels of debt shown in the charts just displayed.

2: Yet, rather than reducing the debt since the crisis began, debt around the world has continued to increase dramatically!

• In 2002, total global debt was estimated at an already unsustainable level of over $80 trillion.
  
  Today, just ten short years later, total debt is approaching $200 trillion!

3: In other words, the world’s governments are doing the equivalent of trying to put out a roaring economic fire – a debt crisis – by spraying gasoline – more debt – onto it.

Of course, that fire hose is connected to the ability of modern governments to “print” an unlimited amount of money out of thin air.

• I put the word “print” in quotations because these days central bankers don’t even need to go through the trouble of putting ink on paper –printing tens of billions of dollars is literally as easy as pushing a few buttons on a computer.

That the politicians and the central bankers have become completely degraded is evidenced by the recent discussion about minting a single, trillion-dollar platinum coin as a way of avoiding an increase in the debt ceiling.

Madness.

So, where does this all lead to – and how can you avoid literally getting wiped out by what’s coming next?

In simple terms, the only possible outcome of this orgy of debt and deficit spending is a collapse of the world’s monetary system – a monetary system based on nothing more than the promises of politicians.

And we all know what those are worth.

The Eurostat data agency reported an extra 62,000 people joining unemployment queues in just four weeks in the eurozone as the jobless rate climbed for the 23rd consecutive month -- hitting 12.1 percent in March.

The process of failing has already begun: Just look at what’s going on in Europe for a preview of what’s coming next to the United States, Japan, China, and almost all the other major developed countries.

• The Eurostat data agency reported an extra 62,000 people joining unemployment queues in just four weeks in the eurozone as the jobless rate climbed for the 23rd consecutive month -- hitting 12.1 percent in March.
  Despite all the soothing comments from the politicians and mainstream media, unemployment across the Eurozone shot up to almost 12% in January 2013, the highest levels yet in this crisis.

In other words, despite all the money creation and extraordinary measures taken in Europe and elsewhere, the problem has only gotten worse.

We can’t stress the point enough – we are not talking about some abstract date in the unforeseeable future. The truth is that you live through this unprecedented financial and monetary crisis, and it will literally affect everything you own.

That’s because the very foundation of the global monetary system is broken, meaning every dollar, euro, yen, yuan, and all the other world’s unbacked paper currencies will plummet in value, wiping out the wealth of millions.

We are not saying this to scare you. Instead, we’re trying to help you avoid the fate of the unprepared.

In fact, in a moment I’ll share irrefutable proof that the financial crisis is about to worsen and will, in time, wipe out the wealth of millions of Americans.

Only by understanding the big picture will you find the motivation to take the active measures needed to make yourself financially resilient.

And we’ll even tell you about just one of the many opportunities we here at Casey Research have uncovered to help you not just survive, but prosper. After all, as Captain Hubbard’s experience proves, the best defense is a good offense.

We’ll get to all of that momentarily, as well as the eight specific lessons we can learn from Captain Steve Hubbard’s remarkable experience, but first let’s get back to David Galland’s interview.

Narrator
We’ll come back to the end of Captain Hubbard’s story and the aftermath in a moment.

First, however, I want to briefly return to the research we’ve uncovered that confirms that the very foundation of the global monetary system is broken and that dollars, euros, yen, yuan, and all the other world’s unbacked paper currencies are headed for the trash bin of history, wiping out the wealth of millions in the process.

Using the Socratic method of inquiry and response, following are seven straightforward questions for you to reflect upon. See if the answers don’t make as much sense to you as they do to us…

Question one: Is it true that the world has been operating on a “fiat” (unbacked) currency system since Nixon closed “the gold window” in 1971?

Yes. After Nixon reneged on the Bretton Woods Treaty by refusing to redeem dollars for gold in 1971, the dollar became effectively backed by nothing.

At the time of Nixon’s brazen act, the US dollar was the de facto reserve currency for the world’s central bankers. In other words, the primary asset the central banks kept on deposit to backstop their own currencies and for international trade.

By cutting the anchor of gold that had previously backed the US dollar, the global monetary system was effectively set adrift.

Furthermore, the US government was free to print up dollars in essentially unlimited quantities.

You can see the devastation of unlimited money printing since Nixon cut the link to gold in the chart here, showing the 80% decline in purchasing power of the US dollar since 1971.

Question two: Since 1971, have the world’s governments also cranked up their money printing?

Sure have.

You can see the money printing in this chart… note the moon-shot acceleration in currency in circulation since just 2005.

Question three: Is it possible to create large quantities of currency out of thin air without eventually devaluing the existing currency in circulation?

In a word, no. If the money printing doesn’t result in a serious devaluation, it will be an historical first.

And to be clear, that devaluation is commonly referred to as “inflation.” You need to get ready for it now, while you still have the luxury of time.

In a moment, we’ll show you just one of many ways you can prepare – with a special situation uncovered by our team that is poised for take-off based on a development just now getting underway.. More shortly, but first, let me ask you…

Question four: Does this problem extend beyond the US dollar? And has there been a decline in the purchasing power of all the major currencies since the advent of an unbacked global monetary system?

You betcha. In fact, not only has the US dollar lost a stunning 80% of its purchasing power since 1971 – but all of the major currencies have suffered similar losses.
More to the point of our program today, the decline in purchasing power has been dramatically accelerating in recent years.

The chart here shows the stunning collapse in currency values against gold since 2005, the world’s oldest and only sound form of money.

Question five: Will the debasement of unbacked paper currencies continue until they collapse and are replaced?

Odds are good. Most important, if your savings and investments are denominated in these currencies – and most savings and investments are – their values will crash in tandem.

Even if your money is stashed in a “safe” bank or brokerage account, or the “safe harbor” of US Treasury bills – as the collapse in purchasing power gains momentum, your net worth will go straight down the drain as well.

An annual inflation rate of 10% means that each $10,000 you have saved will have the purchasing power of only approximately $9,000 a year later… then continue eroding in purchasing power from there.

But there is no way the carnage is going to stop at an inflation rate of just 10%. Between 1972 and 1980, US inflation topped 14%.

• And the situation today is much, much worse than back in the 1970s.

While I could prove that point in a dozen different ways, just consider that at the height of the money printing leading to the inflation of 1970s, William Martin, the head of the Fed under Nixon, raised the M1 money supply from $228 billion to $249 billion, or by 9%, over a one-year period.

Unprecedented at the time… but no longer.

• In the current crisis, between January 2009 and the end of December 2011, the Fed tripled the monetary base of the US, from $860 billion to $2.6 trillion!
• And in 1970, total US government debt was $370 billion, or just about 38% of GDP going into that troubled decade. Today it is $14 trillion, or about 90% of GDP.

Moreover, that number doesn’t include unfunded liabilities… for Social Security, Medicare, government pensions, and the like.

Added together, the actual liabilities for the US government alone are a completely unpayable $60 trillion.

And under the Obama administration, the government continues spending well over $1 trillion a year more than it takes in.

Actually, it’s much worse than that. The following is from John William’s ShadowStats, an organization dedicated to truth in government accounting, published in January 2013.

“Based on generally-accepted-accounting principles—or GAAP-based accounting—the 2012 consolidated financial statements of the United States Government showed a $6.9 trillion deficit for fiscal 2012, up from $4.6 trillion in 2011.”

In other words, using the same accounting methodology the rest of us are forced to use – at least if we want to be taken credibly – the government’s annual deficits are an order of magnitude worse than they are telling us.

As Captain Hubbard would be the first to tell you, actions have consequences. In the case of running up debts that are literally impossible to pay back, there are onlytwo possible consequences.

The first is outright default. One way out is that the US government simply decides not to redeem its US Treasury bonds, or do what the Greek government did and require bond holders to take a 60% loss.

This would, of course, be unprecedented in US history and would literally collapse the global economy: Remember, a large percentage of the reserves of other central banks are invested in US Treasury notes.

The second consequence is monetary inflation. By continuing to print currency units by the helicopter load, the government will devalue the existing currency units – and the debts denominated in those units – until the level of debt becomes manageable.

This is a time-honored method of stealthily eroding long-term obligations of a government.

There is no question which approach the US government will take in the months and years just ahead (along with the governments of all the world’s major economies, all of which are similarly broke).

It’s the devaluation through monetary inflation.

And so it is that the purchasing power of your $10,000 becomes $9,000 a year later, if you are lucky. More likely, given the scale of the monetary inflation to date, once the inflation begins in earnest your $10,000 becomes $8,000 a year later, then erodes from there.

Question six: Do the actions of the world’s central bankers confirm our argument that the world’s monetary system is headed for failure?

Seems like it. How else to explain that in recent years the world’s central bankers have switched from being big sellers of gold to big buyers?

You can see this sea change in how central bankers view gold in the chart showing the swing between central bank gold sales toward purchases over the last six years.

Between 2005 and 2010, there is a swing between selling and buying of close to 1,000 tons of gold annually.

This is a key point: if the central bankers really believed the paper currencies were going to last or that the dollar was really a safe holding, why would they be buying gold at today’s prices?
They are trying to prepare for what’s coming. So should you.

Question seven: Will gold play a role in whatever comes after the collapse of the paper currencies?

See the previous question and answer.

Now, you will have to draw your own conclusions about such things, but because of the fundamental flaw in any currency system that is backed by nothing but political promises, here at Casey Research we can only conclude that failure is inevitable and even imminent.

While no one can pinpoint the timing with complete certainty, we believe that the collapse of the dollar will become apparent to everyone within the next five years.

That view is strongly supported by the historical record.

• According to work done by monetary scholars such as Edwin Vieira, no unbacked currency has ever lasted much longer than 40 years, and most fail well before that point.
  
  In fact, a comprehensive study of 775 failed fiat currencies calculated an average lifespan of around 27 years.
  
  Today, in 2013, it has been 42 years since Nixon cut the anchor of gold on the US dollar, and by extension, all of the world’s currencies.

That sound you hear is the clock striking midnight.

So, what can you do to protect yourself?

For the answer, let’s get to the fundamental lessons we can derive from Captain Hubbard’s experience with the St. Maarten murder gang. I think you’ll be surprised at just how relevant those lessons are to surviving the coming currency collapse.

The 8 Lessons from Captain Hubbard

Lesson #1: Know where you are going. While Steve knew where he wanted to go to – another casino – he didn’t know the actual route to get there.

Likewise, most investors have only a vague idea of where they want to be a few years down the road. But don’t confuse a stated goal such as “to have more money” or “to preserve my savings” with the specific moves needed to accomplish those goals.

Want to quickly earn a “black belt” in surviving a currency crisis? It is as simple as developing a solid understanding of “tangibles” as a component of your portfolio.

By “tangibles,” I’m referring to assets that the governments can’t devalue out of existence, nor will you lose when your bank or brokerage fails.

In that category you have to seriously consider gold and silver. There’s a reason gold is referred to as the “monetary metal” – it’s because it has been considered sound money throughout millennia. Aristotle himself was among the first to identify its five qualities that make it uniquely qualified to serve as money.

Number one, it’s durable. That’s why we don’t use wheat as money.

Number two, it’s divisible. Unlike art work and automobiles, you can slice it into extremely small units without affecting its value.

Number three, it’s convenient. Unlike, let’s say, oil, it’s easily portable. Toss some coins in a bag and off you go.

Number four, it’s consistent. Whether your gold is in the United States or a city in Asia, everyone understands its value.

Number five, it has value in itself. In gold’s case, it is used as jewelry, in many cultures specifically to store wealth. And it increasingly has high-tech industrial applications.

To those five, we would add a sixth extremely important quality in today’s world: the supply of gold can only grow at a very limited rate through mining. Unlike paper – or electronic – money that is being created out of thin air by the politicians without any limit whatsoever.

Ignoring the prejudices of Wall Street against precious metals and taking time to understand the important role these metals can play in helping you get through what’s coming will set you well apart from the crowd and on the right track to your protecting your net worth.

We’ll point you in the direction of some very useful reference materials to learn more about gold and other tangibles in a moment.

And I’ll tell you more about the time-sensitive special opportunity our analysts have uncovered that I mentioned earlier, a precious-metals-producing company just now putting a new mine into operation that will produce 2 million ounces of silver this year – and then almost double it to four million next year. Yet for reasons I’ll explain, the market has yet to revalue the company accordingly. That will change, just as soon as a formal announcement is made that production is underway.

More on that in a moment, but first to our next lesson from Steve Hubbard’s terrifying experience.

Lesson #2:  Overconfidence. Captain Hubbard’s own self-defense skills led him to disregard risks that a less confident individual might have been attuned to.

In our work on behalf of investors, we often see this same phenomenon. While ultimately Steve’s training proved his salvation, far too many investors confuse success in a bull market with personal investment skills and become overconfident – a quick trip to a financial wipeout.

The economic and investment environment we are entering is truly unchartered water and extreme caution is required. Simply put, if you follow the Pied Pipers of Wall Street into traditional investment strategies, you risk potentially devastating losses.

Lesson #3: Know whom to trust. By putting his faith in a gypsy cab driver, Steve made his first major mistake, literally entrusting his life to a total stranger.

I can’t tell you how many times we have learned about investors who put their faith and their money into the hands of slick-talking stock promoters without taking the time to do even the most basic of due diligence.

At Casey Research we climb under the hood of every investment we bring to our readers, saving them time and making sure that the corner of their portfolio dedicated to doing well in the crisis is intelligently invested.

Our work is completely unbiased, not beholden to any financial institutions – and we would never dream of accepting any form of compensation for recommending a stock.

Instead, we work entirely on a “virtuous circle” subscription basis. Investors pay a very reasonable flat fee to receive our detailed research and best investment ideas… if that research is not spot on, they are free to cancel and receive a full refund. I’ll let you sample some of our research in a moment, but first on with Captain Hubbard’s lessons.

Lesson #4: Failing to be attentive. Before climbing into the car, Steve should have taken a moment to survey the interior more carefully. In that way, he would have seen the two thugs in the back and likely would have passed on the ride.

In the context of your investments, I suspect that most investors – perhaps yourself – sense just how dire the financial situation is becoming, but try to ignore it.

As I have tried to stress, this is the worst possible time to be inattentive or complacent.

Lesson #5: Build rock-solid skills. If Captain Hubbard had no training or had only been a casual student of the martial arts, there is no way he could have fended off three attackers, two of whom were armed with baseball bats.

Instead, he honed his skills over years of hard training and so was as prepared as a person could be when the time came to act.

Likewise, there are some fundamental but very important skills every investor has to learn to be successful, especially when it comes to investing in precious metals and precious-metals stocks that hold the key to surviving what’s coming next.

• We have put the essentials of success in this important sector into our report, The 8 Ps of Resource Stock Evaluation, that we’ll be happy to send you free of charge. More on that momentarily.

Lesson #6: A good offense is essential to a good defense. Rather than wait for the worst to happen, Captain Hubbard went immediately on the offensive, throwing the plans of his attackers into disarray.

In the context of what’s ahead for the global economy and investment markets, most investors will fail to take action until after the writing is clearly on the wall.

At which point their life savings will be at serious risk and precious metals and precious-metals stocks will be trading for a multiple of where they are today.

Consider what happened the last time the economy was faced by a tottering stock market and inflation.

Between January 3, 1973 and December 1974, the Dow lost 44.6% of its value!

During this time, inflation rose from 3.65% to 11.03%, reducing the purchasing power of every $10,000 to $8,897.

Bucking the trend, gold-mining stocks performed extremely well.

• For example, the Barron's Gold Mining Index, which was comprised of the best mining stocks of the day, shot from 43 to 147, a gain of more than 260% in under two years.
• So during a severe bear market when the Dow took a nearly 50% haircut and with inflation stealing 11% of the purchasing power of each dollar…  you would have turned $10,000 into $26,000 just by holding your mining shares for under two years.

Of course, as the decade dragged on, inflation continued to ravage savings, while gold and gold stocks headed even higher.

It’s worth again stressing a point I made earlier: this time the situation is much, much worse.

Back then, the new Federal Reserve President Paul Volcker had the ability to raise interest rates in1980 to combat the inflation.

Today the US and other large nation-states have record levels of debt – and that means that even a modest increase in interest rates will devastate the federal budget… in the case of the United States, a budget that is already in the red by upwards of $1.5 trillion year after year.

In fact, a return to a “normal” 10-year Treasury rate of just 5% (today the Fed is battling to keep it at a historic low of just 1.5%) would cause deficits to spiral out of control… resulting in yet more money printing, and yet more devaluation of every dollar and dollar-denominated asset you own.
If you were to watch only one economic indicator as an early warning sign that the monetary collapse is imminent, watch US interest rates. Once the US government loses control of those and they start moving strongly, we will have entered the endgame.

As the chart here shows, contrary to popular belief, interest rates and gold will move upwards together – and strongly so – as inflation gains momentum.

Going on the offense in the current economic environment means taking the time now to get at least a portion of your portfolio positioned in precious metals and – for real leverage – precious-metals stocks.

The very good news is that sector has consolidated over the last year, which is entirely normal in a long-term bull market. That means that not only are all the best stocks poised to provide serious wealth-enhancing gains, but the special situations – such as the silver company poised to nearly double its annual production by adding 2 million ounces from a brand new mine  this year – are setting up for a moon shot.

Even better, for reasons I’ll explain in a moment, the market has squeezed most of the risk out of that particular situation – so much so that Jeff Clark, the editor of our BIG GOLD publication, is buying it for his mother’s retirement account.

More on that in a moment, but first…

Lesson #7: Don’t panic. While that’s easier said than done, there’s little question that the fact that Captain Hubbard was able to remain calm greatly increased his odds of survival.

The time to act to protect your life savings and get positioned for the profits in precious metals that are still ahead is now, while you can still do so dispassionately – not when the roof is falling.

You have a limited amount of time left to get ahead of what’s coming and to position yourself in the specific opportunities that will make all the difference in your investment survival. Don’t waste that opportunity.

Lesson #8: Prioritize, then focus. Captain Hubbard began his fight for survival by prioritizing his opponents, going after the leader of the gang first in order to disable him before moving to his next target, the more active of the two killers with the baseball bat, then turning his attention to the third and least active threat.

The parallels to building a successful investment portfolio are obvious. Once you know what you are trying to achieve, focusing almost single-mindedly until you achieve what you are trying to achieve can make all the difference.

As far as where to focus, there is one particularly interesting anomaly I just alluded to that is occurring in the gold markets, but which won’t last…

Over the last year, gold-mining companies have underperformed physical gold – and by a wide margin.

This situation is highly unusual – because mining stocks typically outperform gold by over 3 to 1.

As you will see in the chart here, in the first phase of the gold bull market, from 2001 to near the end of 2007, gold stocks outperformed gold bullion by an even better 5 to 1.

Gold stocks outperformed physical gold by 5 to 1 from 2001 through 2007

But this historical trend has completely reversed.

As you can see in this next chart, gold bullion is now outperforming mining companies by a margin of 10.2 to 1.

Gold stocks are lagging gold by 10.2 to 1 –
A rare divergence overdue to correct

In other words, not only is gold poised for a breakout as the dialed-in inflation becomes obvious to all…

… but the coiled spring under gold stocks ensures that when that breakout occurs, gold stocks will provide even more exceptional returns for those with the foresight to get positioned in them today.

Once the pendulum swings back, the quality mining shares Jeff Clark and the BIG GOLD research team has identified will once again provide the 3-to-1 leverage to gold we've seen in the past.

Which means that getting in now can provide all the difference.

Getting in on the best-of-the-best precious-metals producers – the companies with proven resources in the ground worth hundreds of millions and even billions of dollars – before the turnaround will not only protect you from dishonest and unconscionable governmental monetary policies that are stealing from everyone in America, it will provide you with the very real opportunity to make serious profits from the inflation that’s coming as sure as night follows day.

• While others watch their money depreciate, your gains should allow you to greatly outpace inflation… making you a recipient, as opposed to a victim, of the coming wealth shift.

And the special situations, such as the silver producer that is geared to nearly double its company-wide production by next year boosting its production from 200,000 to over 7.2 million ounces, can literally provide life-changing returns.

Before coming back to the conclusion of David Galland’s interview with Captain Hubbard, I think it’s time to introduce you to what we sincerely believe is the single most effective way to learn everything you need to know about prudently – and very profitably – getting positioned in precious metals now, ahead of the rush.

It’s BIG GOLD.

As its name suggests, our BIG GOLD service doesn’t focus on higher-risk, small-cap, or exploration companies.

Instead, it’s dedicated entirely to helping readers thoroughly understand the best ways to invest in precious metals, with a focus on large companies with millions of proven ounces of gold or silver in the ground.

This focus is important for folks looking for solid returns without a lot of risk.

To understand the opportunity, consider what happens when the price of gold goes up by $100.

When that happens, a company that is already profitable with 20 million ounces of reserves in the ground sees its tangible value rise by $2 billion… with no additional costs for producing the gold!

Now, imagine what will happen to the share price of that company if instead of gold rising $100, it rises $200? Or $500? Or even $1,000 – as it very well could as the global monetary system begins to wobble.

You very definitely want to be a shareholder before that revaluation occurs, and with BIG GOLD, you will. And there’s much more than just great precious-metals research in each issue.

In a typical month, for example, you’ll receive timely, unbiased analysis on the latest important developments in the US and global economy that you absolutely should be aware of… but will almost never read about in the mainstream financial media.

Speaking of bias, you may not have noticed, but the mainstream financial media doesn’t much care for gold, despite the fact that its returns have crushed even those of the much fawned-over Warren Buffett for over ten years now.

Monthly BIG GOLD features will serve as your first line of defense in the unfolding crisis – your personal radar pointing you to key trends for you to profit from or to protect yourself against.

• You’ll also find easy-to-follow analysis and recommendations of special precious-metals profit opportunities in every issue, like the rapidly growing silver producer I mentioned earlier. Or you may discover well-managed precious-metals producers that have millions of ounces in the ground.

The research team at BIG GOLD pounds the pavement to find you a wide variety of profit opportunities, including… Companies on the verge of significantly boosting their annual production. As producers clear the final hurdles to new production, the market almost always revalues them much higher. These opportunities can therefore be especially profitable.

Case in point: First Majestic Silver jumped 550% in the 12 months between April 2010 and March 2011 when the big La Encantada mine in México hit commercial production. START HERE: Or Eldorado Gold, which shot up 13.7% in 3 weeks when the Kişladağ (kish-a-dah) mine in Turkey first started commercial production.

Then there are royalty companies. These are companies that invest in future income streams, usually on very favorable terms.

Case in point: Last year, BIG GOLD recommendation Silver Wheaton generated royalty revenues from 28 million ounces of silver at a cash cost of silver of just $4.10 per ounce. And it has zero cost of production and none of the risks of managing mines – it just collects the royalty! And BIG GOLD readers collect the profits, profiting by 104% since our initial recommendation.

In each edition of BIG GOLD, you’ll receive all the information on these special opportunities – everything you need to make informed decisions – as well specific buy and sell prices.

• You’ll also get invaluable reference articles. In the past, the BIG GOLD team has analyzed the safety of the popular GLD ETF, provided side-by-side comparisons of coin and bullion brokers, kicked the tires on international bullion storage options and much more.
• Plus, as a BIG GOLD subscriber you have complete, no-cost access to the BIG GOLD archives, where you will find a wealth of information and special reports to help you fully understand – and take advantage of – the opportunities in precious metals.
• BIG GOLD also provides you with a number of trusted, recommended vendors. Never again wonder where to buy your physical precious metals, where to find the most reliable brokers, or how to choose the best ETFs – the BIG GOLD team regularly updates a list of recommended vendors you can trust.
• You also get regular portfolio updates. You’ll never be left in the dark about past recommendations with BIG GOLD. Each month, on your behalf, the team dissects and analyzes any important news with the potential of impacting our recommendations.
• And in between issues, you will find important news and analysis of the BIG GOLD portfolio stocks online, in the secure, subscriber-only area of the Casey Research website.
• And of course, you’ll have access to the entire BIG GOLD portfolio. All of our current recommendations will be on display every month, each of which has crystal-clear buy, sell, and hold instructions.

Occasionally, the team will also uncover and bring to your attention special subscriber-only deals to buy physical precious metals at great prices. This alone will more than offset the low annual subscription price for the BIG GOLD service.

So what does it cost to have a highly respected team of professionals constantly scanning the horizon for threats to your net worth and uncovering specific opportunities you can use to profit as the sovereign debt crisis regains momentum?

The answer – just $79 a year.

As part of this special, limited-time offer, you’ll also receive a special report with details on the high-profit opportunity the team has uncovered – the deeply undervalued silver producer I mentioned earlier. This company is now on target to double its production by 2014, largely a result of a new mine they're just now putting into production.

This is a company with a risk/reward ratio so compelling that Managing Editor Jeff Clark is buying it for his mother’s IRA.

The final hurdle for this company’s explosive increase in production has just been cleared, but the market hasn't repriced the stock yet.

That means you need to get positioned now.

And this company is just one of four firms with similar upside that you’ll find in that same report – which you’ll receive as part of this offer.

• And even at the low price of just $79 per year, you have literally nothing to lose – that’s because we are big believers in treating our subscribers as we like to be treated ourselves.
  
  Therefore we offer an unequivocal no-questions-asked, 100% money-back guarantee.

If you are not absolutely, totally, satisfied with Casey Research’s BIG GOLD, then don’t give it a second thought – just call or email us within the first 90 days of your subscription and you’ll immediately be sent a full refund of every penny you paid.

We’re not going to beg you to subscribe, nor jump up and down extolling the critical importance of defending yourself with the best intelligence available on precious-metals markets.

Instead, we’re offering you a low-cost and risk-free opportunity to see for yourself just how valuable BIG GOLD is…

… because once you do, we are completely confident you’ll become a huge fan of Casey Research and want to try out some of our other services. (But not to worry, we’re not the hard-sell types.)

And when you subscribe, you’ll also receive three more special reports designed to bring you quickly up to speed with what you need to know about precious metals. These are yours for no additional charge…

BONUS REPORT: The Four Stocks I’m Buying for My Mother

Immediately upon subscribing, we’ll email you The Four Stocks I’m Buying for My Mother. These are companies BIG GOLD Managing Editor Jeff Clark feels are safe enough to buy for his mother’s IRA, yet still have the potential for huge gains.

In his report, you’ll learn about…

• The silver-producing company that is just now putting its big new mine into production that will double company output by next year. The stock is still selling as if the company had no expected increases in production at all, so you’ll want to take a position now before the rest of the market catches on.
• You’ll also discover an established gold producer on the cusp of completing construction on its new Brazilian mine. When operational in July 2013, the company will move to quickly generate an additional 143,000 ounces of gold to its annual production. At $1,700 per ounce, that’s $243 million in new revenues.
• You’ll also learn about an exceptional short-term opportunity in another gold producer on track to receive a crucial permit to begin producing from a major new mine in financially strapped Greece. The permit is expected literally any day, and once it’s received, it will allow the company to move quickly ahead to produce an additional 110,000 ounces of gold a year at a cash cost of just $288 per ounce!
• And finally, Jeff Clark’s current #1 pick, a royalty company that’s about to begin collecting royalties on a big, new mine that is due to begin pouring gold this quarter. Once that is up and running, the company will begin collecting a 2% royalty on an additional 350,000 gold ounces per year, delivering around $12 million to the bottom line at next to zero cost.

The Four Stocks I’m Buying for My Mother is yours free, and yours to keep even if you later decide to take us up on our money-back guarantee.

When you sign up for your risk-free trial today, you’ll also receive the 2013 Gold Investor’s Guide – a must-read annual reference guide full of specific details on the various ways to intelligently build your precious-metals portfolio, including…

• Where to buy physical gold, a list of five reputable dealers who we have found to offer the best prices and service.
  
  This one list is worth the entire price of your BIG GOLD subscription, as it will steer you toward the best suppliers and away from the overpriced, hard-sell dealers cropping up here, there, and everywhere.
• Gold accumulation plans. Three plans offering reliable, inexpensive and simple programs to buy regular allotments of gold, taking advantage of dollar-cost averaging as you build your portfolio over time.
• A comparison of precious-metals ETFs. There are a number of "paper gold" investments now available, some of which, like GLD, have been wildly popular. In your copy of the 2013 Gold Investor’s Guide, you’ll read about the pros and cons of some of the most popular precious-metals ETFs, with our team’s recommendations on the best (and safest) for your money.
• Details on the best international storage service we’ve ever seen. This incredible new service, backed by an alliance of some of the world’s most respected research and publishing organizations, allows you to buy physical gold, silver, platinum, and palladium securely and inexpensively online… and, as part of the order process, select to have your physical metals stored in fully insured vaults in Switzerland, New York, London, Hong Kong, Salt Lake City, or Singapore.
• You’ll also learn about the warning signs to watch for in the global economy that will alert you to when gold is entering the final Mania Phase. And there’s much more in this report.
• As mentioned earlier, just for giving BIG GOLD a trial, we’ll also send you our classic report The Eight Ps of Resource Stock Evaluation by Doug Casey.

The Eight Ps are a simple, sure-fire way to quickly and accurately analyze any precious-metals stock.

In seven concise pages, this special report by Casey Research Chairman Doug Casey provides you with an invaluable guide you’ll find yourself referring to again and again in the months and years ahead as gold stocks heat up.

And of course, you’ll have complete access to the online BIG GOLD archives, stocked with everything you need to know to become a competent, confident precious-metals investor. This is literally thousands of dollars' worth of information, all at your fingertips at no additional charge.

• Now is a really good time to ask yourself: Is it worth $79 a year to get in sync – and stay in sync – with one of the very few investment sectors with the potential to help you preserve your net worth, and to profit, as the sovereign debt crisis enters an inflationary collapse and wiping out holders of un-backed fiat currencies in the process?

Especially in that you can try BIG GOLD with a 100% money-back guarantee?

Click to get started with BIG GOLD
and receive your 3 free reports today

We’ll get back to the final segment of David Galland’s interview with Captain Hubbard in just a few moments.

But before we do, let me once again stress that failing to act now ahead of the next stage of this dangerous monetary crisis puts you at risk losing almost everything.

Strong words, I know, but history is full of examples of collapsing monetary systems and the devastation done to the unprepared.

Case in point, as you can see in the picture here, taken in the German hyperinflation of the 1920s: a woman can find no better use for her worthless currencies than to stoke a fire.

To subscribe to BIG GOLD now, just click here now.

And now, to the conclusion and aftermath of Captain Hubbard’s story

Narrator
Let’s get back to the conversation with Captain Steve Hubbard. As you’ll recall, we left off with him treading water…

Narrator
That concludes today’s program. We hope you have found it interesting, informative, and maybe even a little inspirational.

For those of you interested in a fishing trip with Captain Steve, his email address will be shown in the closing credits in just a few seconds.

But before you do anything else, please don’t miss this opportunity to take us up on our special offer to lock in your subscription to Casey Research’s BIG GOLD for the next critical year for just $79.

Plus, you’ll receive by return email Jeff Clark’s special report The Four Stocks I’m Buying My Mother, with the specific name of the silver company on the verge of explosive growth in production, as well as three other stocks offering big upside with minimal risk.

And you have our 100% money-back guarantee that you’ll find BIG GOLD every bit as valuable and profitable as we say or promptly receive every penny of your $79 back – and keep the three bonus reports without any further obligation.

I actually don’t know a fairer way to allow you to try BIG GOLD for yourself.

Here again is the link to the secure sign-up page.

Click to get started with BIG GOLD
and receive your 3 free reports today

Act today: you’ll be glad you did, as the threats against your net worth escalate in the months and years just ahead – and the profits in precious metals build.

We look forward to welcoming you to the Casey Research family of subscribers.

***

Kidnapped by a Gang of Caribbean Serial Killers: A true story
A production of Casey Research

Special thanks to…
Captain Steve Hubbard
captain.stevehubb@gmail.com

And now a word from our subscribers...