V-The Guerrilla Economist and Frank DeLalla of Remain Calm LLC: The Devil Is In The Details

It was on March 12, 2012 that Viji Varghese traded in his true identity for that of V-The Guerrilla Economist, and sent his first email to Steve Quayle, the owner of Renaissance Precious Metals and the long term promoter of conspiracy news to Christian audiences. Although Varghese had received his college degree in Nutrition, been fired from a banking job for failure to file a Suspicious Activity Report, and had turned to selling big screen TVs to earn his living; in hind sight, one can see that it was his ability to profile and manipulate Steve Quayle’s motives, methods and credibility that propelled V-The Guerrilla Economist into a multimillionaire.

Prior to this, Douglas J. Hagmann had established the backstory of W-The Intelligence Insider, and the listeners to the father and son premier investigation team of the Hagmann & Hagmann broadcast trusted that the man who was promoted as the American James Bond had been properly vetted.  So it was not a great leap of faith for loyal listeners to believe that the mysterious European banking and investment head trader of the Royal Bank of Scotland was another Insider which had proven his bona fides, and was providing Steve Quayle with the Truth, which we always seem to be in short supply of. 

When V- The Guerrilla Economist was later exposed as a con artist who had constructed a series of bold faced lies based on false banking and investment credentials, Steve Quayle excused his own responsibility in promoting this fraud by saying that he too had been fooled. Fooled at his own game?  What an intriguing thought. Well, Rogue Money did have as its motto that high ideal of all monetized Alternative Media radio hosts, Truth is Currency. Later we see that this foundational motive was turned into the boast, Know the Truth, Know the Game.

I used to think that when Doug and Joe Hagmann, and Steve Quayle were promoting fake insiders like W-The Intelligence Insider and Rosebud and others on the Christian Alternative News Media radio circuit,  that they were the cause of the success of these false personas.  I am beginning to think now that it worked the other way around.  Perhaps it was the fake insiders that caused the Quayle/Hagmann team to rise higher in the ratings,  as they chased the shadows of Alex Jones’ many Insider informants to prominent heights in this very competitive world of conspiracy radio.

That would explain why after V-The Intelligence Insider and W-The Intelligence Insider parted company with Hagmann and Quayle, there was total silenceThe Watchman on The Wall  and the Premier Father Son Investigation Team did not warn others about the fraudulent bona fides of V.  Nor did they attempt to mitigate the damages that were wrought when their own listeners were betrayed into abandoning common sense and the Prudent Man Rule, to make irreversible changes in their financial situation based on fraudulent advise.

There is a spiritual rule which applies to this entire scenario:  2 Peter 2:19 says,   While they promise them liberty, they themselves are the servants of corruption:  for of whom a man is overcome, of the same is he brought in bondage. In the case of the promotors of V, their bondage will only be broken by the type of repentance which attempts to undo the damage which had been done to those who thought that these men were faithful Christians.

W The Intelligence Insider called the American James Bond

Doug Hagmann had once stated that he would take a bullet for his close friend, Wayne Willot, the man behind the mask of W, who was promoted as the American James Bond.  Known only to us as W-The Intelligence Insider, he later become a regular guest over at V’s Rogue Money radio broadcasts.  While W has since stepped back into the shadows, he still remains a contributor, appearing every so often.

Now another person known as Frank has come to the foreground as a business partner in connection with the Remain Calm LLC filed in New York,  October 26, 2016 by Viji Varghese.  It was shortly thereafter on November 20, 2016 that the true identity and the false banking and investment credentials of V-The Guerrilla Economist had been publicly exposed.  Thus since that date, all of those persons associated with Viji Varshese’s fictional persona, V The Guerrilla Economist and  Rogue Money.net are without excuse in their being accessories to his dubious activities.

So who is this newcomer to this scene, known only as Frank in V’s radio interviews?  He can be traced back to Frank DeLalla.com, where he states that he co-owns Remain Calm LLC. He explains,  “I left (the) Pastoral Ministry after 13+ years of service.  I founded a small church in Nyack, NY, where I served for 11+ years.  I also taught as an adjunct lecturer in the areas in ministry, theology and biblical studies.  I have a Master of Arts in Theology from Gordon-Conwell Theological Seminary in South Hamilton, MA.”   “(I) co-own Remain Calm LLC (http://www.remaincalm.biz), a marketing and consulting company.”

Frank DeLalla and wife

If we put the phone number which Frank DeLalla used to set up his websites, into a search engine, it brings up the Savior Community Church of Nyack, NY.  This phone number connects to two organizations which apparently Frank DeLalla once interacted with; The Assemblies of God Bible Institute, Nyack Branch and Beth AM Messiah, where the Savior Community Church appears to meet under a new pastor.

When Frank DeLalla was the pastor of this church, he set up a website at saviorcc.com on August 22, 2007 using the registrant name and address of Frank DeLalla, Savior Community Church, 11 Division Ave., Nyack, NY 10960, telephone number 845-702-2445.  Presently this webpage does not show any religious content, but rather this:Frank DeLalla on August 17, 2016 created a website called RestoreRepairCredit.com and on October 14, 2016, less than 2 weeks prior to Viji  Varghese’s registering the Remain Calm LLC, he created MyFreedomNow.us

Let’s take a look at the home page of RestoreRepairCredit.com and note the associations between this site,  MyFreedomNow and V-The Guerrilla Economist of Rogue Money.net.In addition to being a credit/debt restoration consulting business, we see also that it involves unsecured lending. This represents a shift from the earlier emphasis upon V  as being a “top analyst and commercial banker for one of the UK’s biggest Financial Houses”, working “as a commodity broker for one of Europe’s largest commodity brokerages”, specializing in “strategic metals and rare earth minerals”.

What happened is that after V-The Guerrilla Economist was exposed in November 2016 as having fraudulent bona fides, it had also been stated that he had claimed to have earned $6 million from his activities.  With this exposure, Roguemoney.net made a  sudden retreat from public scrutiny, by removing direct links to V‘s $500/hour investment advice and his resume.  To this day however, he still retains close ties with Karatbars International, which I discussed in this November 18, 2015 post, The Gold Rush.

The major business focus now appears to involve hiding one’s personal information and assets, as seen in V’s connection to the founder of Ace of Coins.com-John Jay Singleton. 

We will continue to discuss this association, but first going back to the beginning of the Remain Calm business partnerships, on the website restorerepaircredit.com, at the top of the home page is a 2 minute audio of V-The Guerrilla Economist on  About Debt. Uploaded on the YouTube channel, Remain Calm Dot Net on October 25, 2016,  we first hear a piano soloist playing in the background.   V-The Guerrilla Economist begins over speaking the melancholy tones of the piano in a  somber voice, saying,  “Hey, everyone, it’s V-The Guerrilla Economist.  You know one of the things that I want to talk about real quick is debt, and a lot of Americans are stressed out about debt, a lot of Americans are losing sleep, are committing suicide, are medicating themselves because of the stress that debt causes.”

“There’s very few things that that really bothers you that feels like you have a thousand pound weight on your chest (Hey, V, are you referring to that 1,000 pound Rogue Guerrilla Economist who created bold faced lies, to convince Christians to  liquidate their assets, and to convert their cash into the silver and gold that conveniently you and Steve Quayle just so happened to be selling?) like that credit card debt, mortgage debt that that you got collector’s calling you, you got a you know kind of car payments, anything and everything, OK?  So let me ask you this if you’re trapped in an endless cycle of making minimum payments.   Does your credit card debt keep you up and cause tension in your relationships, in your household?  You’re starting to get harassing phone calls, these crazy creditors constantly calling you harassing you every day and every night….”

So now after V’s banking and investment advice has turned your life upside down, he has the perfect solution for the debt/credit mess you’re now in, costing you only $497 for an 8 month essential subscription, or $1597 for 18 months for the platinum membership.

The Remain Calm business has a  September 15, 2017 Rogue Money interview by V with his new best friends, Frank, the former God called pastor who left his flock to join Remain Calm.net and Mr. X of My Gold USB.com, who may be John Jay Singleton. While we are left to guess the true identities behind these men, the show description states:   “V” interviews the founders of RemainCalm.net to discuss their new initiative to combine a one stop total shop for security, financial peace of mind and crypto education. So now we have 3 Founders of this business?

To persuade the listener to place their confidence in this trio, V-The Guerrilla Economist begins speaking in a voice imitative of a Middle Eastern nomad.   “Such… (laughter of the other two men, saying go for it)…such great things everyone, it is Achmed Al Kaboom coming to you on another edition of goats brussels(?) show.  Check out our many types of goats, we have hairy goats, we have little goats, big goats and goats and goats uhhuhhuhya!!(sound of goat)…we have all types of goats, my friends, these are pleasure guards(?)..once you’re done having pleasure of the goat you can decide who have to cook with you, cooking for you, and we will serve it for you at Achmed Al Kaboom’s goat emporium and brothel. yea Isis (laughter) say the word Isis and you will receive a 10 % discount.  Aloha Snackbar.  (laughter).”

This show lasts an hour, but the introduction by V has convinced me not to listen further.  I would not want to listen to, let alone, implement the advice of any of these men.

Another great motto from one who knows he could lose it all, unless of course, there are ways to hide income….

THE DEVIL IS IN THE DETAILS, so what I want to concentrate on at this point is a “free EBook”, or rather, a 3 page article, How To Prevent A Bank Levy which has a click to download button on the Remaincalm.net/thrive page.    The author is not specified; however, this document is copyrighted 2017 by Remain Calm LLC, and is located at myfreedomnow.us/files/How to avoid a bank levy.pdf.  At this source website, there is not a direct link to this article; it is only found on the other website,  Remaincalm.net.

I am going to quote from this article, giving my comments in maroon italics.

The first paragraph states, “If you can prevent any creditor from levying against your bank account, you should.  I don’t care if you think you owe, you should always retain control of when or if you ever decide to pay any creditor, not have it taken from you like some child being punished.  The following explains how to do it.”

The first point stressed is the unjust concept of obstructing legitimate creditors from receiving what is owed them.  When the principles of “levying against a bank account” are discussed, one has to remember that such garnishments can only be done because a creditor has obtained a judgment from a court of law. Such creditors had to resort to this measure, because the debtor was irresponsible and did not pay what was owed, or did not seek an alternative payment schedule if they were suffering hardship.

Often such judgments are granted because a parent has refused to pay child support. In  that case, the Bible says that a Christian who fails to provide for their own is worse than an infidel. Also a person who has received goods and services and illegally withheld  the payment to the creditor as had been agreed upon, is committing theft, unless one has genuine hardship circumstances and has sincerely tried to arrange another payment plan with the party which was owed.

Remember that this document How to Prevent A Bank Levy has as its copyright source an LLC involving a professing Christian man who had lied about his bona fides and a former Christian Pastor who has a theology degree. “Thou that preaches a man should not steal, dost thou steal?” (Romans 2:21b)

“There are of course many variations to this and no doubt you will figure them out for yourself once you see how easily this works.  But here are the basics.  You want to receive money in the name of a third party, that you control.  The ideal structure for this, that will not change your tax situation, is the limited liability company, in any of the fifty states.”

This is the fundamental concept of what is termed “money laundering”.  While “money laundering” generally involves taking unreported cash, possibly proceeds from illegal businesses, and either hiding it, or causing it to later appear as from a legal source, the purpose noted here is to take legal income and float it through a legal instrument, where the ownership is purposely obscured. Note that both Viji Varghese and Frank DeLalla make use of LLC’s in their personal business dealings. I am not saying that they use these for the purposes stated here, but it causes one to ponder this possibility.

“How is this accomplished when your employer has to pay you in your legal name?  How is this accomplished when the payment can only be made in your legal name?  The simplest way is to find a nominee (someone who can act in your behalf using his own name with no power of attorney) who can be the signer for you on a company bank account…. of legal age, but young enough not to be involved in any collection problems of his or her own.  It can also be someone who is old enough that he won’t care what you use his name for, and trusts you, and also does not have any collection situations pending.”

In other words, someone in your family or circle of influence who can be persuaded through their youth or old age to help you out.  And since you are the one who has been so irresponsible as to get into the situation in the first place to have judgments against you, why would they trust you, unless you have  the charisma of a con artist?

“Once the account is opened, the nominee will give you total control over all of the account management functions, even though he or she can walk into the bank with photo identification and close the account, you will not be keeping much cash at all as the account is only for clearing funds…The first step is to have the nominee register an LLC with the secretary of state…Use a company name that sounds like a company, not the individual’s name for whom it will be used….The nominee should then apply for an EIN from the IRS’s official website….Once you have it, the system will generate a PDF formatted letter that you can print on paper for banking purposes….”

Once again, why would any person who is not totally gullible act as your Nominee Name, when the purpose of your actions are to hide your income from legitimate creditors who had to go to the trouble of getting a court judgment because of your not paying them as agreed to?  If you do not in fact pay off those judgments, the person acting on your behalf could get into legal trouble for agreeing to act as your cover.

“Use that letter along with the other documents such as the “mock” articles of association,…the LLC will be registered first as a single member LLC, but its operating agreement will create a multiple member LLC….The reason for organizing the LLC as a single member in the beginning is that the bank personnel will not ask for the names and identifying information of the other interested parties, it’s really for privacy.  The purpose of the “mock” operating agreement, or articles of association is to satisfy the bank’s request for it without disclosing the names of the real principals.”

Bold faced Christian lying is always a good way to witness to the lost.  Make sure you wear your “I love Jesus” T-shirt to the bank.

“There is also a method of receiving your money through a Bitcoin service and storing it in dollars using a vault service instead of a bank…”

Yep, Bitcoin is becoming very popular among black hat hackers, who want to hide their income, and are encouraging others to risk their money in this underground currency scheme. Is cryptocurrency backed by a gold standard, or is it more tenuous than a paper dollar bill?  We already know about Honor Among Thieves, having witnessed the 2012 Alternative News Media demonstration of such.

“Along with, or soon after the company is registered (but before the bank account is opened), the nominee should include a fictitious name registration….dba or doing business as…The applicant is the LLC, using its name, and the fictitious name should be the exact legal name of the individual for whom the nominee is acting. For example, if “Bill M. Smith” needs to clear checks via a bank account and avoid a levy, the company might be called XYZ Company, LLC and it is doing business as “BILL M. SMITH.  This is different than the human being known as Bill M. Smith, but will enable checks and even direct deposits to be made to BILL M. SMITH, in the company account and no one will care one bit….Any checks made payable to Bill M. Smith can then be cleared (deposited) into this company account and then the funds can be transferred however Bill Smith prefers.”

Legal sophistry in its most clever of applications. I am beginning to understand what the Bible means when it says that the love of money is the root of all evil. By doing this, your actions declare that you have chosen Mammon over God.

“Do not file a tax return for this LLC because it’s being used as a “tax flow-through” structure, just clear the funds and move them without leaving lots of cash in the LLC bank account. The only levy that this does not stop is garnishments at the source, before the check is disbursed to the payee.  That takes a different strategy which is too lengthy for me to explain here, but it is possible to prevent nearly every wage garnishment with a strategy that takes about ninety days to organize…”

Depending on how complicated your tax return is, this could prove to be a snag in the sweater, which unravels at some point.

“Once this is established, it’s possible to further utilize this LLC and bank account to eliminate wage garnishments or at least dramatically reduce them.  In most cases, wage garnishments from W-4/W-2 type income can be eliminated completely.  If you have 1099 income, it is certain that we can eliminate any attachments to that as well….We have an additional structure that used for simply clearing funds in the bank so that the funds are not received in your legal name….This trust was very carefully written by an attorney and we cannot publish it in this booklet, but please ask us as http://www.myfreedomnow.us and we can discuss it with you…This process I just explained will prevent bank levies from literally anyone in the world, unless the levy is against the LLC or settlement trust itself.

Remember these declarations of V The Guerrilla Economist, on the day when his idle words come back to haunt him.

TRUTH IS CURRENCY.

KNOW THE TRUTH, KNOW THE GAME.

WHEN IT COMES TO YOUR ASSETS, DON’T FREAK OUT!

THE DAY OF RECKONING APPROACHES.

 

 

 

 

 

 

 

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John Little of Omega Shock Comments on the V-The Guerrilla Economist Fraud

This is a link to John Little’s article dated January 5, 2017 entitled, SPECIAL REPORT:  Viji Varghese (AKA V the Guerrilla Economist).

While John Little quotes from Revelationnow.net and this blog, he takes exceptions to this author’s view of the complicity of Stephen Quayle in the promotion of the credentials of V-the Guerrilla Economist. The posting of John Little’s comments here at Tracking the Leopard Meroz are for the purpose of generating a rational discussion of the issues of law and ethics regarding the promotion of anonymous Insiders using false credentials.

Enter Stage Left: The Hollywood Insider Who Covertly Spied on Others at Work

One of the speakers being promoted by the March 2016 Dallas Hear The Watchmen conference is Jon Robberson, who was written up on the John B. Wells Caravan To Midnight show, episode 339 on July 28, 2015 as follows:  jon robberson on CTM 339 (2)

On June 25, 2015, a month prior to the John B. Wells show,  Jon Robberson was interviewed for the first time by the Hagmann and Hagmann radio show in a broadcast called   Jon- Hollywood Insider, Hollywood Is A Satanic Death Cult.   Douglas Hagmann, introduces Jon, who is speaking under first-name-only anonymity, saying, “our guest tonight without exaggeration, is under a certain amount of pressure, under threat not to talk about what he is going to talk about.  He has been under threat, he has been under serious attack and, and people might scoff at that, and say awwh, come on, ……this gentleman had to covertly, and surreptitiously, snuck around the backrooms, the back alleys, the back of the sets, looked, watched, kept notes, kept tabs on people, places, events.  He knows where the bodies are buried, he knows what goes on in Hollywood.  He knows about the rituals, the ritualistic type of abuse.  He knows the demonic nature of Hollywood, the Satanic nature….”

I listened to this entire interview, and most of what was discussed was generic, open sourced material.  Jon the Hollywood Insider did relate a few personal experiences, and said that he lost his $100,000/year job because he openly spoke to another employee as a Christian.  At the beginning, Jon intersperses this interview with Scripture, and a shofar blowing; at the end he brings on a man singing  A capella. Overall, my first impression of Jon Robberson is that he is friendly, kind, and has a sense of humor; yet because of his close association with this Inner Circle of Trust, I distrust my first impression.  This interview takes place at the American Survival Wholesale warehouse using their cell phones, because Jon is “under threat”.  We also discover that Jon was at the Whitestone Remnant Conference, and has been to Paul McGuire prayer meetings, so he seems to “get around”.

Of great interest is that Jon Robberson is credited with coming up with a solution for Hagmann and Hagmann listeners who desire to have a way to meet each other personally.  Apparently he uses his email H&H Connections @startpage.com for this purpose. Below are two forum members who made comments on this subject on March 14, 2015, more than two months prior to The Hollywood Insider’s first Hagmann interview.H&H Connections (2)H & H Connections 2 (2)

At some point Jon the Hollywood Insider allowed the use of his surname Robberson to be used, and we see some confusion with this transition on the Caravan To Midnight website, where three past interviews can be located under his surname, yet the guest listing  shows Jon listed under “J”, with his photo shown as the anonymous masked man of the movie Vendetta.

jon robberson ctm guest listed under jon (2)

Episode 408 does show his full name, but still retains the Guy Fawkes Mask from the movie Vendetta.  It would appear that this photo was taken from an ad for wallpaper, and as fans of the Caravan To Midnight show knowthey can purchase the CTM logo as wallpaper.

jon robberson on john b wells show guest list (2)

 

Readers of this blog will recall that V the Guerrilla Economist displays the Vendetta Symbol V vendetta drippingtaken from the same movie. And the recent infamous hackers which called themselves Anonymous also favored this Masked image. As this article taken from the Business Insider.com website explains on October 3, 2013, 13 Members of Hacker Group ‘Anonymous’ Were Indicted On Federal ChargesGiven that Christians are not to give the appearance of evil, I wonder how Jon the Hollywood Insider can justify the masking of his identity in this manner?

In September of 2015, The Watchmen’s Cry held a revival/worship/prayer meeting in Sandpoint, Idaho which was deemed successful.  This meeting had no door charge, was sponsored by Nathan Leal’s ministry, and had an offering at the end as a means to offset costs.  This meeting, which was very similar to many church sponsored revivals, somehow sparked a vision for the 2016  Hear The Watchmen conference.hear the watchmen nathan leal organizer (2)Since we are here discussing the evolution of Jon Robberson, from the anonymous Hollywood Insider,  to an openly named Conference Speaker with such “worthies” as the Hagmanns, John B. Wells, Paul McGuire and others, we must question this whole process.  At first, John Robberson had to hide out at the American Survival Wholesale warehouse, in order to give his first interview with Doug Hagmann, because he was under “serious attack”.  Supposedly he was under threat not to talk about what he knows.

Not long after that, he is traveling under his full name and he has become a conference speaker being groomed by Mike Kerr AKA Mike Whitestone, the organizer of the Hear The Watchmen conference, who has a shady past.  The Sandpoint, Idaho meeting was free; this latest conference fee stands at a little over $100, unless you obtain a half off coupon.  The first conference was entirely centered on worship and prayer;  this latest conference centers around radio hosts and book sellers, and the inner circle of trust of the Hagmann/Quayle alternative media group.

10/30/2015 Mike Kerr, organizer of Hear The Watchmen has dinner with Jon Robberson

10/30/2015 Mike Kerr, organizer of Hear The Watchmen has dinner with Jon Robberson

Now after V the Guerrilla Economist was invented, and heavily promoted by Steve Quayle and Doug Hagmann, there was a point when he was “disfavored” and left the inner circle of trust.  Because his bonafides cannot be substantiated, he remained anonymous and created his own website and radio show.  But here we have someone who also came onboard as an insider being interviewed by Doug Hagmann, who despite “threats” is now being made over as a conference speaker, and a book writer.  All Roads Lead to Babylon??  It sounds like The Hollywood Insider has come under the spell of book writer and conference speaker, Paul McGuire.  The Hear The Watchmen webpage says of Jon Robberson, that he is one of the few Hollywood Insiders for Christ.  So what?  How many real Christians are there in any profession?  There are plenty of job occupations that are essentially “closed shops”, where the employee is under constraint as a Christian witness.jon robberson latest pic on Hear the watchmen (2)

Remember that Doug Hagmann told his listeners that Jon Robberson, while working in Hollywood, “covertly, and surreptitiously snuck around…looked, watched, kept notes, kept tabs on people, places, events.  He knows where the bodies are buried…”.  Are you sure that you want to give your personal information to Jon Robberson as part of the arrangement for being allowed to meet other Hagmann listeners via H&H Connections?

While looking over the imagery of the movie Vendetta, I found this image of the Vendetta Symbol with the Masked Man standing in front of a poster which says Strength Through Unity, Unity Through Faith, showing some sort of double cross at the bottom.  Why is it that Nathan Leal and others spend so much time analyzing the image motifs of the Super Bowl, and ignore the imagery displayed by the “Christian” Alternative Media?vendetta strength unity faith

The Gold Rush

Despite numerous warnings about the multi-level marketing scheme of the German company, Karatbars International, the self-proclaimed “Rebel With A Cause”, V the Guerilla Economist, is recommending that you join him in his latest gold venture. On October 15, 2015, on Revolution Radio we hear “V”  as radio host, joined by that other infamous Intelligence Insider “W”, and a third man who calls himself James The Russian Analyst. This latter guest is noted on RogueMoney.net as a “U.S. native Russian watcher for over ten years, former (temporary) Moscow resident, husband, Orthodox Christian layman, who likes Alexander I. Solzhenitsyn’s admonition Live not by lies!”  If that is his motto, what is he doing with a fake name like James the Russian Analyst, and why is he hanging out with two of the greatest fakes ever to grace The Hagmann and Hagmann Blogtalk radio show?Multi-Level-Marketing

V’s broadcast begins with blaring tinny music, and  we strain to hear a man’s voice trying to advertise a DVD for “creating your own food like I do”.  One hopes that this company paid nothing for their advertising spot, as we failed to understand what their spokesman was trying to say over the din. I still had not recovered from this experience when a gentleman gave some sort of introduction to the show saying “From the corrupt corridors of Wallstreet…. from gold… (What did you say? Do I need a hearing aid?)…came V the Guerilla Economist…he clears the fog of …disinfo…the Freedom Fighter, a Rebel with a Cause…”

Our radio host, V, ever unsure of his true identity, begins by referring to his listeners as Y’all as in Texas cowboy talk.  He can’t seem to break himself of this odd habit, and even asks himself out loud why he keeps saying Y’all, when supposedly he is in New York.   I lived 28 years in Texas, and believe me, V would not want to know what Texans really think of New Yorkers with a fake Texas twang.  Banker, Baker, Karatbars, carrotbars,  whatever; it is all the same to V as he juggles semantical accents and arguments all over the place to skirt the legalities of misrepresenting his credentials.  In the meantime on this same show, W is joking about living in a missile silo with a rosebush on top.  I think he means he used to go by the name of Rosebud. I am beginning to understand what a multi-level marketing scheme looks like.

If one types in Karatbars International into a search engine, one can read the words of this company describing their various gold products line.  One can also find all types of scam warnings given about this company, which are then countered by the loyal multi-tiered marketing representatives.  Probably the most authoritative warning comes from Quebec, Canada from  the Autorite’ Des Marche’s Financiers (AMF).  But let us take a look at what Karatbars has to say about itself.

Their webpage is very professional in design and summarizes their enterprise as “Karatbars International GmbH offers a wide range of products and options in the 999.9 fine gold market space.  Our core products are 1g, 2.5g, and 5 g minted 24 karat gold ingots from LBMA accredited refineries.  In addition to Karatbars classic core products, we offer collector cards for sports teams, professional athletes, and multinational charities.  Karatbars has a custom branding card program whereby anyone that qualifies may have the company produce one, or thousands of branding cards that meet the customer’s requirements.”  One can buy these products online as desired, and as always it is good to be a comparison shopper.

What we are discussing here in this post however, is their opportunity to join them in a multi-level marketing venture. And so we access their webpage which discusses the compensation plan.  I am glad that they confess that their compensation package is confusing and not easy to understand, as that is exactly how I found their explanation to be.  What I did understand is that there is the requirement to recruit other people who in turn recruit others, and these relationships affect your compensation. Now there is a lot of semantical nonsense going on in order to escape laws which govern illegal pyramid schemes. Somehow they have developed a system that has right and left legs; the left leg apparently being half as short as the right. If one desires to receive higher paybacks, all you have to do is pay more for your membership level.  I am unsure how long it takes on average to recover this initial cost.

One of the observations made about Karatbars is that they are quite a bit more expensive than buying gold from other well respected companies.  One example given said that in addition to the higher cost of Karatbars, there was also a shipping expense; whereas these other companies sometimes had free shipping.  Now the Karatbars marketing reps argue that you are buying a product, not an investment.  Why do they do this?  Well it is well known in the US gold coin business, which is virtually unregulated, that they sell coins to collectors. If these coins were to be marketed as an investment, a not very well marked line is crossed which might cause the seller to enter into the world of investment regulations and laws.

What does Karatbars International claim?  This company is fairly new, having been founded in 2011 in Stuttgart, Germany, by Harald Seiz, CEO.  He is seen on a video as saying that their company goal is to “bring families from around the world true independence and financial security”. We are shown 5 photos as follows: 1. Financial Liberty (photo of affectionate young couple), 2. Financial Independence (photo of large modern house), 3. Hedging in a Financial Crisis (photo shows gold bars), 4. A second mainstay income (photo shows nice car), and 5. a career or main profession (photo shows huge yacht). Then they state that whether full time or part time, “you can achieve your financial goals”.  Karatbars are not a product like carrotbars.  They are an investment, and Karatbars International say in their video, “No longer fear a financial crisis, currency devaluation or hyper inflation”.

The other marketing rep comment I heard is that Karatbars have been sold in 120 countries (the video I watched said 74, at the time).  But so what?  Very few countries outside of the US and Canada have made a good inroad into implementing consumer protection laws. And just because Karatbars International comply with German laws, does not mean that you might not end up breaking a few US laws if you start recruiting US citizens into your pyramidal type marketing venture.

One of the company statements on their website says, “All Karatbars 1 gram gold bars are 1. certified and laminated with UV protective film.  2.  Stamped with a valid trademark.”  Apparently they also sell an extremely expensive devise that can read the code on the bar to ascertain the authenticity of their product in order to deter someone trying to counterfeit their gold bars.  While reading up on the so called DNA system of authentication, my thoughts turned to a warning in the Bible in James 5:3, “Your gold and silver is cankered; and the rust of them shall be a witness against you, and shall eat  your flesh as it were fire.  Ye have heaped treasure together for the last days”.  Since gold is the most inert, non-reactive of the metals, and never reacts with oxygen, one has to wonder why the Bible says that this particular gold rusts.  There are several metals which do rust, such as iron.

Wikipedia has an article on Pyrite, which begins, “the mineral pyrite, or iron pyrite, also known as fool’s gold, is an iron sulfide with the chemical formula FeS2.  This mineral’s metallic luster and pale brass-yellow hue give it a superficial resemblance to gold…the name pyrite is derived from a Greek word…”of fire” or “in fire”…pyrite is sometimes found in association with small quantities of gold.  Gold and arsenic occur as a coupled substitution in the pyrite structure..”fools gold

So the question must be asked, why are Karatbars laminated with a UV protective film?  My wedding and engagement rings are made of gold, and despite the fact that my hands over the last 31 years have been submersed in water on a daily basis, I have never noted any rust.  Personally, unless I could test the gold content of high priced bars and coins, I would prefer to have the unlaminated ones.  The day you have to laminate gold may be the day you should start wondering if someone is trying to stave off the  conditions which might reveal a bit of fool’s gold.  And while you are at it, ask yourself why V the Guerilla Economist, who was so highly promoted by Steve Quayle and Doug Hagmann as being one of the highest level financial insiders, should have to stoop so low as to promote a pyramid marketing scheme?

UPDATE 11/19/2015  This morning I was contacted by a “Sicilian Mobsta”  who says that “V ain’t one of theirs”.  The latest guess is that he is from India.  Apparently this post has tested the mettle of V, and he is very worried about undergoing an authentication test,  and has covered himself in some kind of UV protected Laminate so as to avoid having his inner corruption exposed.