Metals analysts say gold and silver prices are about to soar. Not so fast. Bernanke will throw everything at the markets so he can end on a high note. I expect Helicopter Ben to fire the heavy cannons at COMEX metals for one last ditch effort to bolster the Dow for his last week as Fed Chair. Will it work?
Maybe not. China now holds most of the world's physical metal, along with Russia and of course India. This might stand in the way of Fed manipulation (aka JPM manipulation) of COMEX dollar denominated metals prices.
Into this mess walks an academic Keynesian dolt Janet Yellen. She actually thinks the paper money system works without any illegal manipulation of COMEX metals to keep the dollar (bonds) and the stock market afloat. The light at the end of the economic tunnel is actually an oncoming train. SPLAT!!
News media to Chris Christie: this is what you're gonna get if you, or any other Republican, gets elected to the White House, a new scandal accusation every day.
The president reads the feed off the teleprompter exactly as written. Any factual errors fall to whoever is responsible for the teleprompter feed for that day: ABC, NBC, or CBS.
I don't know about anyone else, but paying bills and putting food on the table has little to nothing to do with why I have a job. It's all about funding Uncle Sam and going to the doctor that gives me a reason to live in and of itself.
Bobama was supposed to be a dyed in the wool socialist. Yeah one where trillions for Wall Street, zilch for main street is the new normal. Bernanke exits a Keynesian nightmare with tens of trillions of fiat dollars are bearing down on reality. That light at the end of the tunnel is actually an oncoming train.
Helicopter Ben thought Greenspan didn't print enough money. Yellen thinks Bernanke didn't print enough money. Now the Fed is gonna print enough money. So how much is enough? From $87 Billion a month to $100 Billion a month? Still not enough??
Told ya!! Gold, silver, and metals stocks slammed. Yet the Dow is down right now (ha ha Bernanke). I think JPM plans to continue manipluation of COMEX metals contracts right under the nose of Yellen. If she really does believe the Keynesian model, and she does, then all she has to do is sit back and simply be a rubber stamp Fed Chair, just like the teleprompter reading sockpuppet in the White House.
Everything is not fine in the Keynesian hell the western bankers have piled up on false notions. Gold is not a barbaric relic of the past. The next Fed chief will simply be a Bobama clone and follow the teleprompter feed exactly on script.
The Russians outmaneuvered our clowns both in the White House and those in charge of Bobama's teleprompter feed over the Syria red line thing. But the TV people told us that Bobama would restore America's prestige on the world stage. I guess the omnipotent ones were wrong again.
Every other Federal Reserve Chairman had been trained in Keynesian economics but had been educated in the school of objective reality. Janet Yellen is an Ivy League elitist dolt who thinks academic Keynesian economic theory actually works.
The TV news says Yellen will preside over the taper. No Keynesian thinks the government is ever unproductive, no, government spending is good while private sector spending is bad.
Looks like the PTB (Powers That Be) have decided that shutting down the government, and blaiming the Republicans, last October didn't play out like they said it did. Otherwise, there would be another government shutdown, along with a chorus of TV news vlaiming the Republicans.
She actually thinks everything works. So why do central banks spend most of their efforts suppressing the gold price if its a barbaric relic of the past? That light at the end of the tunnel is an oncoming train. At least Bernanke knew he was perpetuating fraud. Yellen is clueless!!!
Information on ABX - the WWF - the European Royal families used to be all over the web but has been mostly deleted for obvious reasons. Search by DD and still find info on this.