Like last year, the several weeks of September through The month of January will be ones for the history books. The start of large bank failures in the United States, London, and Europe should add to the gold run. Contagion has struck Italy, Spain...
FOR IMMEDIATE RELEASEPRLog (Press Release) - Aug 27, 2011 - Today is a great time to buy gold and buy silver while the prices are still relatively cheap. As the Jackson Hole Conference is set to begin in the astoundingly picturesque mountains of Wyoming, anticipation and anxiety increase. The Grand Tetons serve as a fitted location to announce the restored dependence from the US Fed faucets, the monetary spigot. In which the spigot is directed continues to be main question in debate. Because of the robust supposed US Treasury Relationship rally, it hardly appears suitable to direct QE3 towards more US TBond buying, unless they would like to avoid US Treasury auction problems. The ultra-low yield combined with ultra-high supply creates extremely high risk. Bond traders might not show up at all. An unsuccessful auction would be highly awkward as an event after the extremely publicized bond rally, a good irony worthy of Rolling Stone exposure or a Saturday night live comedy section. The US Govt minions and Wall Street made men experienced crowed that the bond rally contradicted the Standard & Poors downgrade for the US Government debt. Visit http://silver-
My forecast would be that the QE3, when it comes, will be designed as well as intended openly to support the stock exchange. It will not arrive this week. It'll arrive with full lose interest announcement in response to the next round of heavy US stock market declines. Background will be made. The rewrite on the US TBond rally in order to 2% on the 10-yr is deafening as well as deceptive. We are told the text market anticipates QE3 but that is patently false. The text market smells with excellent dread the next US Financial economic breakdown, or more accurately, recognition of the continuing chronic powerful recession that began in 2008 and never finished. The bond market smells unfixable economic downturn, all current tools getting failed. The bond market picks up correctly that the US Stock exchange from mid-2010 has been propped by QE endeavors, now absent.
The paradox, intrigue, and corruption is actually both bizarre and macabre. The Standard & Poors President Deven Sharma has made the decision to step down only three weeks after the company downgraded the US credit rating. Such a predictable move. The publish will be occupied by Douglas Billings, chief operating officer associated with Citibank, to take effect on September 12th. Business as usual on Wall Street. The S&P lead role is going to be in capable hands. Go to http://www.silver-
Today we saw it!! The actual hefty pullback will lose some trustworthy followers, but offer savvy traders a great chance to add to their own positions. The cartel is hectic making countless grateful Chinese, Indians, as well as Asians who have not stopped purchasing precious metals in defense of rapid rising cost of living. They see the American lenders as the inflation villains. The actual sudden pullback has assured the actual last fire sale before the fall gold bull romp, an excellent trampling event to come. It is created, it will happen. Visit http://silver-
The actual compromised clowns have been busy stating how the Gold price is $150 in order to $200 too high based upon price inflation, as well as 50% over-valued based on some cockeyed Fed Business Design. They overlook the broken altered market is the US TBonds, supported by effective usage of Interest Rate Swaps, assisted by US Fed money making still and the migration from shares to bonds. The unstable moves in the Gold marketplace can be interpreted with high predictability. The big down move these days signals even bigger upward techniques in the next few months. The money is actually moving quickly today. The 10-yr US Treasury offers rallied on the TNX from 2.14% to 2.21% like a decent move. The oil price is up from $85.40 in order to $86.1 as a modest move. No one can deny that stress has hit the stock market, because the recession can be seen without rose-colored eyeglasses. Expect much more debasement of the US Dollar, because tax revenues fall as well as stimulus costs rise. The bigger US Govt deficits must be funded, during a truly hostile climate. The entire ruin of major worldwide currencies is in progress, not really stoppable. Money is being ruined to this kind of extent that people are confused, wondering what constitutes cash if sovereign bonds are being assaulted and losing value. The actual tainted US Treasury Bond marketplace has become almost a source associated with great amusement. The entire main currency market is in turmoil. Begin to see the Swiss Franc, the Japanese Yen, as well as their rapid rise several standard deviations above their norms or trend lines. Chaos has taken root in the markets.
The Libyan story will be properly told in the year or two. Tyrant Qaddafi wanted to use a Gold Dinar for Northern African usage, a similar crime committed by Saddam Hussein. These guys by no means learn that a challenge to the US Dollar is met with equipped resistance. The US & UK causes entered the fray. The actual secondary goal might have visited take oil producing capability offline, thus lifting the actual crude oil price. Big Oil pursuits do not want the global recession in order to rock the crude oil price an excessive amount of. The other benefits have been the $50 billion in funds frozen solid in US & London banks. Another $50 billion is frozen in European banking institutions. Expect it to remain out of reach by Libya's new leaders, in spite of talk. It is terribly needed within the Anglo banking program. The search is actually on not only for Qaddafi, who's surely comfortable somewhere in the desert bunker, but also nicely fed, and well treated with his usual fare associated with psycho-tropic drugs. The hunt can also be on for Libyan gold bullion. The Anglo bankers need it, since the actual COMEX and LBMA are just about bone fragments dry, and the big US & UK banks are financially troubled on the edge of failure. Observe their Credit Default Swap prices on debt insurance. For that greater good of the Anglo Empire, gold must be found and guaranteed and locked up in the actual banking system, regardless of the propaganda communications put forth.
Get ready for $2100+ gold by January, and $60+ silver by January. The last open doorway is being made possible in the final times of August. Like last year, the several weeks of September through The month of January will be ones for the history books. The start of large bank failures in the United States, London, and Europe should add to the gold run. Contagion has struck Italy, Spain, and France (the newest PIGS look-alike). The breakdown is going to be broad, deep, and scary in the next few months. The garbled thinking is probably that gold must be brought down whenever possible, to make a lower base before the next enormous upward moves beyond the $2000 level and in all likelihood past $2100. The gold breakout will capture global interest and make major headline information. This is 2008 all over once again, but much worse!! The storyline line will be that absolutely nothing was fixed, but that absolutely nothing can be fixed, and far more debasement of money will come. The Gold Meter will rise in immediate reflection.
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