So the above indictment or Bill of Attainder I have just written probably covers a good half of any particular group, public officials, and financial officials. BTDT.
Just like described the Declaration of Independence as they refer to the British King, they scold said King for sending swarms of officers amongst the population to "eat out their substance" and act as serpents in their midst.
And now along comes Martin Armstrong, touting his own self, and telling us how the Dow will be propelled to unimaginable heights. Yes Marty, if you replace all the Dogs of the Dow with the Apples and Ali's, how can the DJIA fail to make new highs. In my opinion, he is one of many, "Marty the Mouthpiece", is how I shall address him. Now am I picking on Marty ? Yes probably, because he is busy telling everyone "the facts that GoldBugz should know". And his facts are based on the KRIMEX fairytale that Gold can be represented by Paper, and that honest price discovery takes place when a major portion of a major miner's 2013 production is sold in darkest night, in a totally uneconomic transacation that probably leaves U$D 100-200 Mil STILL ON THE TABLE, lost by selling it all at ONCE. Sounds like Jay Gould describing the counter-party position of "Buying Cows By Candlelight".
Lets talk about someone that actually had some credibility. LOUISE YAMADA
had some respect as an analyst until she started bad-mouthing Gold. Was she so unsavvy as to utter for CNBC "Eyeing gold's trading range between about $1,400 and $1,200, Yamada says that "if $1,200 can't hold, we might flip even to $1,100, and that would actually break the 2005 trend for gold."
Ah another guru puking on themselves after that huge TAX DAY MASSACRE. You would think she was savvy enuf to stay away from that, but the temptation held out, to skew any of her remaining analytic independence would have to be huge, if such a thing were possible.
Lets see, whom has decided to try to mug the Precious & Monetary Metals Complex, i.e, Gold, and Platinum ? Gartman >? Cramer ? Was that Cosmo Kramer or Jim Cramer ? No difference. Gartman is just confused I think.
Jeff Christian ? OMG r u kiddin' me ? Name any flack from the FED or the Dept of Treasury, the list goes on.
Here is the bottom line. Lets see what PRICE DISCOVERY for REAL DELIVERABLE GOLD LOOKS LIKE vs the KRIMEX KRIMINAL FRAUD KUOTE.
LETS LOOK
Rather than bore you, I show both the price of DELIVERABLE GOLD [MNT.To] and a major Gold ETF, GDX, overlaid on the Metal price. So it was going NOWHERE the supposed Guru's called for it. And now it is launch mode but no one wants to see it, so the MSM will Maim, Spindle & Mutilate the story with the WONDER-DOW.
Yes, Virginia, the forces in power have sent swarms of verbal assualters into our ranks to keep up the War Drums of the PSYWAR against Gold, which started the DAY that US DEBT was DOWNGRADED from AAA to A. The wrath of The Treasury has a long reach, but not unlimited resources. They can print or QE all the Fiat them want but it only leads to
FIATNAM. The Treasury's ability to QE its way out of this has been vaporized by the unwillingness of the market to tolerate it and so the QE was handed off to Japan, for the BOJ to flood the markets with Yen. This also too, has a finite lifespan. "THEY" are getting to the point they will be "Burning the Furniture" to stay warm, that is where its going.
That, I think is the situation. Terrifying no doubt if you don;t have any Monetary Metals in your possession and or some good stocks of the Precious Metals Miners in-hand as well.
I'd say "Be Savvy, Get Some !"
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http://denaliguide.freeforums.net/ . Meanwhile be Financially Kung Fu Savvy, and protect yourself.
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