|
I hope everyone’s getting the picture that we
reached “MANIPULATION SATURATION” this summer, per my July 27th
RANT (http://babybulltwits.wordpress.com/2011/07/27...ion-saturation/).
In other words, NO MATTER WHAT the Cartel attempts, NO
MATTER WHAT new weapons they throw at the market (such as yesterday’s
“Death Star”), GOLD and SILVER will continue to relentlessly
climb, month in an month out.
Charts are immaterial, “events” are
immaterial (no need to “wait for the Obama speech” or “the
unemployment report” or “the G7 meeting”), EVERYTHING IS
IMMATERIAL when compared to the EXPLODING WORLDWIDE DEMAND for PRECIOUS
METALS.
Each day brings more reasons to buy gold and silver,
and more reasons to sell other asset classes. Even PM mining stocks, the most
vilified, manipulated equity sector of all time, are starting to show a bid
as the WORLD gravitates away from PAPER assets and into all things PRECIOUS
(as well as other ITEMS OF REAL VALUE such as FOOD, ENERGY, and OTHER LIFE NECESSITIES).
The Washington/Wall Street/London “Axis of
Evil” has had the same M.O. since the global financial crisis commenced
in 2008 – PRINT money (both OVERTLY and COVERTLY), ALTER accounting
rules to increase Wall Street bonus pools, COLLUDE with other investment and
Central banks, BRIBE the media with CASH and PERKS, and LIE, LIE, LIE about
EVERYTHING and ANYTHING to the GLOBAL public. Throw in increasingly heavy
doses of stock and bond market support and gold and silver suppression, and
voila – the status quo, as weak as it is, was maintained.
But that sinister arrangement is no longer working, as
the MONEY PRINTING (not just from the Fed but ALL GLOBAL CENTRAL BANKS) is NO
LONGER WORKING. Global economic activity – INCLUDING MUCH OF THE FAR
EAST – is dramatically declining, and even the compromised analysts of
Wall Street are recognizing that MORE DEBT EQUALS LESS GROWTH, not the
opposite.
Each new stimulus program (such as what Obama will
introduce tonight, and the Fed on September 21st) makes things
WORSE, and the world is starting to know this.
Each new stimulus program yields increased demand for
GOLD and SILVER, and decreased demand for PAPER assets. Particularly, Central
Banks stuck holding trillions of DOLLARS, EUROS, YEN, and NOW SWISS FRANCS are
DESPERATE to trade them for items of REAL VALUE, and will NEVER STOP
acquiring gold and silver.
Each new stimulus program pushes global sovereigns
closer to the Rubicon, which for many nations has already been crossed, and
many others (Italy, Spain, France, the UK, and the U.S.) will be within the
next 6-12 months.
Each new stimulus program increases the ultimate size
of the BIG BANG CRASH that the global economy will experience.
In other words, there is NO WAY, NO HOW that GOLD and
SILVER can materially decline in this environment, aside from quick attacks
like we saw on August 23-25 and September6-7 (notice how tightly spaced they
need to be now?).
Readers, the VICIOUS, BLATANT, ILLEGAL ATTACKS on gold
and silver, such as what we witnessed the past two days, are a signal that
THE CARTEL, NOT YOU, are being DEFEATED. And the
more GOLD and SILVER you acquire, the more you will push the CARTEL ITSELF
toward its ultimate demise, which I do not believe will be ANY LATER THAN
MID-2012.
|
|