Throughout my “TEN YEARS OF HEAVEN AND HELL” (as of this month, eleven years), the word that best describes my daily WAR with TPTB is suffocating; in so much as EVERY minute, I’ve been besieged with the foul stench of MARKET MANIPULATION and PROPAGANDA.
For example, the monthly NFP report alone has been a source of frustration, anger, and angst for 11 x 12 = 132 days of my life; not to mention, the days leading up to it and the MSM’s pathetic “follow-up.” Additionally, the FOMC has met 11 x 8 = 88 times, and the G7 roughly 11 x 3 = 33 times; while approximately 3 x 6 = 18 months were blanketed by the “homestretch” of Presidential election campaigns; not to mention, at least 11 x 6 = 66 “important” Presidential speeches, 11 x 4 = 44 Greenspan/Bernanke Congressional appearances, and 11 x 12 = 132 COMEX options expirations.
In between, there’s ALWAYS something PM holders are conditioned to “worry” about; such as crises, bailouts, meetings, speeches, “black swans,” and – of course – ENDLESS economic data; which is ALWAYS interpreted as “stock bullish, PM bearish” by the MSM and PPT alike. Remember, ALL events are to be considered positive for the economy, stocks, and bonds; and conversely, NONE for gold and silver; despite the fact that – this year of maniacal suppression notwithstanding – PHYSICAL PMs have been the past 13 years’ best performers.
Anyhow, I’ve referred countless times to the “mantra” I first coined circa 2005; regarding the scope and intensity of such physical and psychological “warfare”; i.e., “each day worse than the last.” And if this years’ “sixth-sigma” usage of MONEY PRINTING, MARKET MANIPULATION, and PROPAGANDA doesn’t PROVE said mantra – loud and clear – I don’t know what will…
Since 2008’s Global Meltdown I, the ENTIRE WORLD has experienced a continual, accelerating decline of political, economic, and social stability. No matter how biased your view, or “Pollyanna-ish” your outlook, there is no escaping the fact that ALL global economies are either in – or barely out of – recession; and ALL Central banks have aggressively eased monetary policy – in most cases, to RECORD levels…
2013 – The Year of the Non-G7 Rate Cut
…particularly the “Big Three” of the U.S.…
…the ECB…
…and the BOJ…
Japanese central bank doubles money supply in fresh bid to spur inflation
I sold my last stock (aside from miners) in April 2000; and since then, have LOUDLY proclaimed my belief America was headed for a long-term DEPRESSION. I have been proven right “in spades”; and if not for Fed-induced asset bubbles and government intervention, financial markets would certainly reflect this REALITY today. Not that I haven’t been right on a relative basis; but on an absolute basis, TPTB will fight REALITY “to the death”…
Clearly, “THE WORSE THINGS GET, THE THICKER THE PROPAGANDA”; and clinically, I calculate “the worst” to have commenced in September 2011. That is when “DOLLAR-PRICED GOLD” achieved an ALL-TIME HIGH of $1,920/oz, – amidst the throes of Global Meltdown II; and subsequently, TPTB determined that PAPER PMs must be “put down,” starting with the post-Labor Day “OPERATION PM ANNIHILATION I” attack – just hours after the Swiss National Bank devalued the Franc by 7%…
Since then, the GLOBAL economic outlook has deteriorated so dramatically, TPTB have realized their only remaining tools are relentless MONEY PRINTING, MARKET MANIPULATION, and PROPAGANDA. This is why I switched ALL my liquid assets into PHYSICAL gold and silver in the Spring of 2011; and why my sole portfolio “strategy” has become “FINANCIAL DEFENSE.”
Sadly, I expect these trends to only worsen in the coming years, until the “Big One”; i.e. Global Meltdown III, commences. Fortunately, I have positioned myself to both SURVIVE what’s coming – and THRIVE in its aftermath. Hopefully, you too will realize the goal in today’s treacherous environment is not to “get rich”; but alternatively, to preserve your wealth whilst everyone else’s disappears.
Andy,
My good book states that only silver and gold are the only real money. Also in my good book Jesus got mad and threw the money changers (aka bankers) out of the temple.
I have never seen such outright lying in all my life about how well the recovery is going. I stopped reading and listening to the main stream media (MSM) about 3 years ago when I saw I was wasting my time even listening to them.
Every time the stats don’t suit them they appear to just make up the numbers and it doesn’t take rocket science to see it.
In summary, I believe my good book will prevail in the end and so will gold and silver. Everything else is just make believe.
Hi,
If you haven’t already done so, check out the latest GotGoldReport. Here’s a direct YouTube link (https://www.youtube.com/watch?v=VLZzoH5UYIM). It’s a very telling analysis of the most recent COT reports. It seems like everyone is poised for a nice turn around.
Enjoy,
Doug