What I Have Been Saying And Documenting
Yesterday, last nite,(in an article few seem to have read about silver) and over the months, I have been saying and documenting the bullion bank manipulation of gold and silver, the reasons why and how. Below is a few paragraphs from an article on 321Gold from a gentlemen named Matthew Piepenburg
Necessity: The Mother of Invention.
The Fed, in deep need of keeping its IOU-driven (i.e debt-driven) façade of “recovery” in motion, has no choice but to invent a respectably controlled (i.e. LOW) CPI inflation rate in order to make US Treasury bonds look even moderately attractive to others.
After all, the US lives on those IOU’s. They need to look pretty.
If, however, the more honest and much higher 10% inflation rate were honestly reported on an honest CPI scale, the inflation-adjusted yield on the US 10-Year Treasury would be negative 8%–which hardly makes it a pretty bond for the world to either admire or buy.
That’s a problem for Uncle Sam.
And so the Fed invents a CPI inflation number that is less embarrassing than reality. It’s just that simple.
By the way, if real yields on the US 10-Year were honestly reported at -8%, gold would be ripping to the moon right now (it skyrocketed in the 1970’s when real yields were -4%).
This is because gold rises fastest the faster real yields go negative.
We all know, however, that the Fed (and the bullion banks it serves) are terrified of rising gold prices, as a rising gold price confirms the absolute failure of their monetary policies and the open, and ongoing, debasement of the US Dollar.
This further explains why the world’s central and bullion banks openly manipulate the paper gold price in the COMEX markets on a daily basis.
Furthermore, given that the only thing that seems to be “healthy” in the US today is the biggest stock and bond market bubble in its history, the Fed wants to keep that bubble growing rather than naturally popping.
And toward this end, the Fed may be desperate, dishonest and delusional, but they aren’t completely stupid.
They know, for example, that for the last 140 years, ALL (and I mean ALL) of the stock market’s gains came during disinflationary periods, not inflationary periods—which is all the more reason for the Fed to lie about inflation and keep the bubble rising
Bubble Bubble Toil and Trouble
Thanks CM
They have been growing this Bubble for a very long time…we all know how this ends….but when ?
Taking a spac-anking in SVAC, captured trading capital…..Where’s the hype?
You obviously no nothing about SPAC’s and are another just looking to troll.Here is a quote from my 2/25 post.”Now I am putting the WFC funds into the recently announced SVAC deal where they will be merging with Cyxtera which is a large data center company. I believe here under 10.50 is a good entry point.” I bought under 10.50 after it came down from over 12 when they announced who they were merging with. I didn’t buy it for 3 weeks or even 3 months I bought for AFTER they conclude the merger and will make between 50-100% before I sell. Try posting something of value instead of trolling others.
I am not trolling you. I took a position in SVAC am I am commenting on it’s price action, which sucks, I am a trader looking to sell into the hype which I believe is coming as all the SPACs seem to follow that pattern.
Have patience and you will do well. Good luck.