One Year Anniversary of GATA Conference

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Published : July 26th, 2012
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Category : Market Analysis

 

 

 

 

It’s hard to believe, but next week marks the one your anniversary of GATA’s London Conference, which my wife and I were privileged to attend at the world famous Savoy Hotel. A week prior, I wrote the following RANT, correctly deeming it the most important financial conference of all time…


GATA CONFERENCE AUGUST 4th-6th, THE MOST IMPORTANT FINANCIAL CONFERENCE OF ALL TIME!


At the time, Global Meltdown II had just commenced, led by Europe but hand-in-hand with America’s “Debt Ceiling Debacle.” The Dow had just fallen 1,000 points, gold had surged from $1,500/oz to $1,700/oz, and silver was meandering in the $40/oz range – just three months after the “SUNDAY NIGHT PAPER SILVER MASSACRE.” Thus, the conference was timed eerily well, adding to its already blaring “buzz.”


For three days, many of my heroes took the stage – such as Jim Sinclair, John Embry, and Bill Murphy – and the highlight of my experience was being personally thanked by “ADMIRAL SPROTT” at the gala dinner, for ‘service to the global PM community.’ It was a fantastic conference, the most “at home” I have felt in my business career. Moreover, destiny appeared to be present, as on the eve of the last day of the conference – the following headline emerged…


S&P downgrades U.S. debt – CBS News


That cataclysmic announcement was a MAJOR SETBACK to the TPTB’s ongoing campaign to control public PERCEPTION of global governments – yielding a loss of credibility that will NEVER be recouped. In other words, the “beginning of the end.” With the aforementioned “buzz” at fever pitch heading into the final day’s proceedings – a Saturday, with gold trading closed but the S&P announcement hanging over the world’s head – we were treated to the MAIN EVENT, the first public appearance of the pre-eminent PM whistleblower, Andrew McGuire.


I had enjoyed a few moments with him and his wife earlier in the conference – and couldn’t have been more impressed. But not until the ENTIRE ROOM heard him speak – you could have heard a pin drop – did I realize how powerful a leader he was in our cause. So much so, I wrote the following RANT on the plane, one of my favorite ever…


DEMYSTIFYING ANDREW MCGUIRE


A month later, gold surged to its ALL-TIME high of $1,920/oz – and silver to $45/oz – before the Cartel stepped up its suppression efforts on September 6th, via “OPERATION PM ANNIHILATION I.” Amazingly, a year later PM prices are LOWER and the “DOW JONES PROPAGANDA AVERAGE” HIGHER – care of the most maniacal MONEY PRINTING, MARKET MANIPULATION, and PROPAGANDA campaign of ALL-TIME. ALL global economies are plummeting – with ALL factors pointing to a catastrophic, imminent COLLAPSE – explaining EXACTLY why TPTB are fighting free markets so staunchly.


To demonstrate how INSANE the PPT’s Dow support has been, look at the financial sector. Financials still represent the largest proportion of S&P Earnings (albeit, due to fraudulent accounting), yet the Dow is up 2% from a year ago…




…while financials are down 3%…




Throw in the fact that NEARLY ALL global stock markets are down dramatically – led by Greece no less, whose Spring 2010 and Summer 2011 meltdowns catalyzed HUGE PM rallies…




…not to mention, SOARING sovereign yields across ALL the PIIGS…


Spanish 10 Year Trades On The Ugly Side Of 7.50%


…and the imminence of U.S. “Debt Debacle II”…


US Debt Ceiling D-Day: September 14, 2012 | ZeroHedge


…given that official U.S. debt is $1.6 TRILLION higher than a year ago, rising exponentially


U.S. Debt Clock


…and you can see how DESPERATE TPTB are to prevent free markets from exercising their age-old role of signaling reality; particularly, as regards the “linchpins” of the GLOBAL monetary system, PHYSICAL gold…




…and silver…




I have NEVER been so confident in my macroeconomic forecast, particularly as I have been DEAD ON CORRECT since the so-called “age of prosperity” ended at the turn of the Century. The GLOBAL economy WILL imminently collapse, and with it the last vestiges of TPTB’s control over PERCEPTION via MONEY PRINTING, MARKET MANIPULATION, and PROPAGANDA. The EXACT timing of such cataclysmic events is impossible to forecast, but it WILL occur, “sooner” rather than “later.”


That is why you MUST…


PROTECT YOURSELF, and do it NOW!



 

 



Data and Statistics for these countries : Greece | All
Gold and Silver Prices for these countries : Greece | All
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Andrew Hoffman was a buy-side and sell-side analyst in the United States (including six years as an II-ranked oilfield service analyst at Salomon Smith Barney), but since 2002 his focus has been entirely in the metals markets, principally gold and silver. He recently worked as a consultant to junior mining companies, head of Corporate Development, and VP of Investor Relations for different mining ventures, and is now the Director of Marketing for Miles Franklin, a U.S.-based bullion dealer.
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