The best part of my job is watching the “PM community” – or better put,
the monetary truth-seeking populace – coalesce in the war against a status
quo that has destroyed global economic prospects for generations to come;
enslaved the world with suffocating, unpayable debt; and destroyed the
savings of countless billions. And not just the financial community,
but the “99%” at large – which I considered last night, in watching Melania
Trump speak at the Republican Convention. Frankly, it was as
distasteful as it was laughable, to watch political “pundits” attack her – a
woman who came from nothing, to a position where the entire world is watching
her every move – whilst real people embraced her.
Like myself, countless millions will vote for Trump – who incidentally,
will be the oldest-ever inaugurated President – because they want the status
quo to die, as quickly as possible. Heck, Trump actually wants to bring
back the Glass-Steagall limitations on Wall Street trading activities – as
opposed to Hillary Clinton, who received more Wall Street “contributions” than George Bush and Barack Obama combined! It happened with the BrExit
last month. It will happen with Italy following their October
referendum, which will force statist Prime Minister Matteo Renzi to
resign. It will happen in France, when the anti-EU National Front
sweeps into power next year. And it will happen in November, when
Donald Trump wins by a landslide. And by the way, any “pundit” who
thinks the most beautiful First Lady since Jackie O is a “negative” for Trump
– let alone, when Hillary Clinton’s spouse represents all that’s wrong with
America – doesn’t understand human nature a whit.
Back to the “PM community” – or more appropriately, the real money
community, which now includes not just gold, silver, and to a lesser extent
platinum, but Bitcoin as well – I’m proud to be associated with not just the
smartest, but most free-thinking, anti-establishment financial professionals
on the planet. Between the bloggers, podcasters, and other thought
leaders, we are cumulatively gaining acceptance at an exponential rate –
which tends to occur, when your anti-mainstream theories turn out to be
correct. Which they have been for years, but went unrecognized due to
the massive economic data and financial market manipulation that hid
them. To wit, in just the past two weeks alone, two of the best
full-length financial presentations I have seen were published; the first,
Grant Williams’ “Crazy – A Story of Debt”; and the second, Brent Johnson’s
“Step into
Liquid – The Debt Super Cycle.” Both discuss the insane monetary
policies that have put the world on the edge of an irreversible financial
abyss, which will unquestionably – and likely, imminently – destroy what’s
left of the world’s 180-plus currencies’ purchasing power.
As for today’s topic, it relates to the increasingly obvious failures of
the “powers that be’s” efforts to misdirect the public with market
manipulation and economic propaganda. For example, trying to convince
us that an economy that was free falling in May – in which even by the lying,
fabricating BLS’ measures, only 11,000 new “jobs” were created, somehow
created 287,000 in June – during which, not only did the Fed publish its most
dovish statement of the Yellen era, but the BrExit shocked the world during
the month’s final week. Throw in the relentless explosion of corporate
layoff announcements; not to mention, plunging results in the restaurant and
retail sectors, where most of said “jobs” are supposedly being created; and
it’s not difficult to see why so many people no longer believe what they’re
told – by Wall Street, Washington, or the increasingly irrelevant mainstream
media.
As I scan the day’s “horrible headlines” – two full pages, gathered in the
past 24 hours alone – evidence of a world on the abyss are everywhere.
Including, sadly, countless articles about the popularity of Pokemon, which
is enveloping a dumbed-down world as rapidly as the Riddler’s brain-sucking machine
in Batman and Robin; a modern day “bread and circuses” for the poor,
unwashed masses.
Cumulatively, the entirety of commentary could not be more distressing,
from France’s evil, statist President Francois Hollande being booed at a Nice
memorial ceremony; to an ugly ISIS-catalyzed terror attack in Germany; to
America’s largest pension fund, Calpers, generating its worst financial
returns since the 2008 crisis; to the Chinese government’s latest, maniacal
money printing and currency devaluating spree; to Japan’s nation-destroying
“helicopter money”; to the Cleveland Fed actually circulating propaganda that
its President, Loretta Mester, didn’t actually endorse U.S. helicopter money
in a speech last week, when she was quoted by multiple sources of
having done so!
And the “hits” keep coming, from surging default risk in Portugal’s
hideously insolvent banking system; to plunging real estate markets in
London, San Francisco, New York, and even the Hamptons; to the hideous
aftermath of Friday’s Turkish coup attempt – staged or otherwise; Fiat
Chrysler’s and Tesla’s at best unethical business practices; IBM’s
criminal accounting; the relentless explosion of zero and negative interest
rate bonds; and the hideous crude oil fundamentals that were only worsened by
this year’s blatant “oil PPT” engineered rally – which I assure you, will be
realized with just as much economic fervor as those of the suppressed
Precious Metals.
As for “financial markets,” yes they are more manipulated than ever.
So grossly so, it’s difficult to believe anyone still believes they
are real. Which is become less the case with each passing day – as even
Wall Street, including many of the most mainstream analysts, hedge fund
managers, and other propagandist pundits – are questioning markets that no
longer bear any semblance of reality. Let alone, when said hedge funds
continue to go out of business – amidst new market “highs” – because they
continue to bet with the fundamentals, rather than the reality of
rigged markets.
Fortunately for the powers that be, such rigging has bought them a few
more can-kicking inches, on a road lined with giant brick walls as far as the
eye can see. However, the “lower highs, and lower lows” syndrome is
starting to envelop the most important markets, making it starkly clear to an
increasingly skeptical investment community what is really happening
in the world.
To wit, global interest rates are again falling, after a few days
of infinitesimal “dead cat bouncing,” based on absolutely nothing “positive”
except a PPT-orchestrated, Yen and stock manipulated stock rally.
Commodities, too, are feeling the relentless weight of gravity, as well as
the vast majority of the world’s (already destroyed) currencies – including
the soon-to-die Euro, which appears destined to break its early 2015 low of
1.05/dollar in the coming months. Which, for those worried that the
resulting “strong dollar” will be bad for gold, will unleash a furious flurry
of Precious Metal buying across all of Europe. And for all the bluster,
and fear, within a Precious Metal community that has grown accustomed to
demoralizing Cartel attacks, gold is still above $1,330/oz, and silver
still hanging around $20/oz, despite the largest naked short-selling
initiative in Cartel history!
And then there’s those pesky banking stocks – like the soon-to-be
“Lehman of Europe,” Deutschebank – the “most
systematically dangerous financial institution” on the planet – whose
stock is down 4% this morning. Again, below $14/share, after having
“dead-cat bounced” to a much“lower high” of roughly $14.50/share, compared to
February’s similar powers-that-be orchestrated “hail Mary” rally to
$21/share.
In other words, the veneer of financial stability is vanishing as
rapidly as the public’s trust in mainstream political parties. All
around them, the economic walls are caving in – which is why public
rebellion, on all fronts, is exploding. And why, no matter how much the
powers-that-be manipulate, the “lower highs, and lower lows” syndrome will
continue to harangue them into submission. Just as, conversely, the higher
lows, and higher highs in Precious Metals (and Bitcoin) will
signal the end of history’s largest, most destructive fiat Ponzi scheme.
