Prices - peterwsuter.ch

“Keeping international reserves in dollars means recycling dollar  inflows to buy U.S. Treasury bills — U.S. government debt issued largely  to finance the military spending that has been a driving force in the  U.S. balance-of-payments deficit  "

Michael Hudson, The Bubble and Beyond

a giant Ponzi scheme and the thing about Ponzi schemes is that you need a  constant and exponentially growing supply of new victims to keep the  whole thing going

Gold TAKES OFF On Banking Concerns / DOW Tanks

"All tyranny needs to gain a foothold, is for people of  good conscience to remain silent." … Thomas Jefferson

 

A Crossroad

"NEVER LOSE YOUR SENSE OF OUTRAGE FOR THERE IS MUCH TO BE  OUTRAGED ABOUT." … Paul Volcker (to Pierre Rinfret)

 

GO GATA!

Last Thursday and Friday were something else.

 

A number of US financial reports were prepared in  advance,  ready to be served up to the public. The cartel forces,  bullion banks, could receive inside information from our  government statisticians well ahead of time, re before their  being fed to the US public and media … say by Wednesday  night or so.

 

Whether legit or not, this information could have a major  effect on our markets. This time gold was running away to  the upside, as it appeared The Gold Cartel was finally  losing control of their rigging operations and the gold  price. What to be done? Well, we just saw what.

 

Thursday morning, with the dollar moving higher, gold was  really bombed. Pitiful silver, after struggling with $24+  for more than two months, was finally breaking out, only to  be slaughtered with a downside price reversal. This was only  a precursor to Friday and the highly unexpected and unusual  US jobs report. From Thursday morning through Friday morning  gold was  leveled to the tune of $100, while pitiful silver just  disappeared.

 

Mission accomplished. The cabal forces found some room to  breathe and just smiled.

 

Back on earth here we have to deal with what is going on,  nearly every working day the gold/silver arena is open. ONCE  AGAIN, BOMBS AWAY it is. After trading up to $1881 in Asia,  gold has been sent back down to $1866. That trade goes on  like clockwork. Meanwhile the pitiful one remains that way,  going red and printing $22.22. Lowly $24 now seems miles  away. JP Morgan has done it again.

"It's  deja-vu all over again." … Yogi Berra