<no one in their skull would borrow gold>
Who ever said the PPT - or the gold shorts the Treasury and the Fed have been subsidizing for years - fell into that category?!<ggg>
The government is clearly willing to lose billions more to support the dollar. My read continues to be that the PPT got a massive budget increase as part of the new war generated urgency to manipulate all the markets to the maximum extent possible.
JOB ONE is a massive prop job on el bucko beyond anything ever done before! That requires a supreme effort to contain gold below $340 - 350 no matter what the cost. They know they can't hold the yellow under $300 now.
Methinks they see the $350 to $400 gold level over the next few months as an economic "goal line stand" for the American Empire. If the buck goes into the bag and gold ramps beyond the above level, it's a global financial meltdown led by a dollar swan dive that will make the 1929 look like a kids birthday party.
And yes, IMHO fwiw<g>, the PPT and the manipulators WILL lose and the markets AND the giant debt pyramid that's been building for decades WILL completely collapse sending us into am absolutely tremendous depression. Call it a K-Wave, a super cycle collapse, the semantics are secondary. It's here.
Reason? Right now, we don't have a functioning central government. Any government that cannot control it's borders, especially during a war emergency, by definition cannot defend this nation and therefore isn't a viable government. It's become nothing, but a giant corrupt fiat money bananna republic bureaucratic boondoggle that's been living on borrowed time and borrowed capital from all over the world - for years!!
But air strikes and cruise missiles aren't gonna do the trick this time. The real war is here, NOT in the ME.!!
And so far all we've seen is press conferences, speeches and SPIN. Even the most conservative FBI estimates (released over a month ago) were of approx. 1,000 individuals connected to various terrorist networds already in the US.
And how many have crossed the Canadian or Mexican border since 9/11, folks?????!!!!!!! The borders are still WIDE OPEN?
Slider's posts about his recent vacation north of the border was a reality check folks. NOTHING substantial has been done !!
We are wide open to serial massive terror attacks all over the US. IMO, the dollar and the markets will completely collapse in the months ahead.
Add to your golds on any PPT attempts to plug the holes sprouting all over the dike. The super cycle mega tsunami is here.
How's that for a rant?<G>
Isopatch |
