RANTING ANDY – Alright CARTEL, you think you’re in the driver’s seat, right?
Do you think that by bashing PAPER gold and silver late on a quiet summer afternoon, with President Moron speaking, that you will somehow influence holders of PHYSICAL gold and silver to sell?
Or that ANYONE ON EARTH will believe what he is saying is BULLISH for STOCKS and TREASURY BONDS and BEARISH for gold?
Or that ANYONE with half a brain will be “worried” that something said regarding the “debt ceiling negotiations” was “important”?
Or, most importantly, that RANTING ANDY will EVER stop calling out the blatant market manipulation you are using to try and prolong the END GAME, in other words the end of fiat currencies controlling the world?
Wrong on all counts, particularly the last.
I have fought this war since May 2002, and will not lose to a bunch of morons in Washington and on Wall Street, and particularly a bunch of U.K. arse-lickers – NEVER!
Nor will I let the minds of my readers be corrupted by the mindless drivel set forth by TPTB, coincident with Cartel ATTACKS, to try and prevent them from PROTECTING THEMSELVES from the rapidly oncoming hyperinflation that will destroy essentially everything in its path.
I’d say today’s attack was “carefully orchestrated”, but it really wasn’t given that the Cartel is now in FULL-TIME GOLD AND SILVER PHYSICAL CRISIS MODE. Perhaps the SUNDAY NIGHT PAPER SILVER MASSACRE on May 1st, replete with BULLSH-T bin Laden death news, was carefully orchestrated….
…but then again, during May, or just two months ago, PHYSICAL GOLD AND SILVER CRISES didn’t occur every day!
All that happened today was a doubling, tripling, quadrupling, or whatever multiple you choose in Cartel NAKED SHORTING in the paper markets for COMEX futures, GLD, SLV, the large-cap mining stocks, and essentially anything gold or silver related in which a NAKED SHORT order with PRINTED MONEY and NO REGULATION can be done. Remember my RANT from earlier this morning showing you GOVERNMENT COMPUTER ALGORITHMS in action attacking PMs?
After eleven straight up days in the gold market (not a single one of more than 1%, of course), culminating in yet ANOTHER ALL-TIME HIGH price earlier this morning, sentiment in the PM sector is, AMAZINGLY, closer to its all-time LOWS than its highs. There are some aspects of “summer doldrums” that are meaningful, such as that many traders are out of the market (causing exceedingly low VOLUME), but I think I’ve proven that my June 27th RANT, “Summer Doldrums – The Biggest Load of C—p Ever” was correct, in that gold and silver can certainly soar in July if the Cartel is overpowered.
Anyhow, with temperatures well over 90s for much of the country, gold up for eleven straight days, every moron “chartist” claiming that gold was “due for a fall”, and every moron “strategist” calling for a “relief rally” when a debt ceiling settlement was eventually made, it was the PERFECT time for a patented Cartel attack.
Sure enough, President Moron makes a statement regarding some drivel about a “Group of Six” plan to cut the deficit (and, of course, dramatically raise the debt ceiling, but that didn’t seem to get any press), and voila U.S. stocks and Treasuries SOAR while gold and silver are VIOLENTLY SMASHED, per the two charts below.
And what a shock, right at the ROUND NUMBER $1,600!
Never mind that no real details about such a plan were released or voted on, or that what they are discussing, even in general terms, was exactly what the market has been expecting.
And pay no mind to the fact that “higher than expected spending cuts”, if this is indeed being discussed (I have no idea if it is) will be DECISIVELY BEARISH for U.S. stocks while a dramatic increase in the U.S. debt ceiling, particularly one predicated on proposed spending cuts 5-10 years from now, will be DECISIVELY BEARISH for U.S. Treasury Bonds.
Or the fact, that, immediately after this “News” (if you can even call it that), Moody’s stated that it might still downgrade the U.S.’s credit rating:
Or the minor footnote that, whether they cut the deficit to the bone (creating a massive depression that will certainly lead to a Treasury default) or increase the debt ceiling to infinity (guaranteeing a Treasury default by inflation), the GOLD PRICE WILL RISE DRAMATICALLY in either case (as it did during both the 1930s Depression, using mining stocks as a proxy, and the 1970s inflation scare)!
Again, why let facts get in the way of a good story, particularly when you have the PPT, Exchange Stabilization Fund (no, it was not shut down – LOL) and Gold Cartel all working in unison to manipulate the PAPER markets. Heck, looking at Yahoo Finance, ZeroHedge, and other sites right now, I can’t even find a “story” to explain the market moves, and I probably won’t as ABSOLUTLY NOTHING HAPPENED!
More to the point, THE ESSENCE OF TODAY’S CARTEL ATTACK had NOTHING to do with the debt ceiling negotiations, the Greece/Europe implosion, or Obama speaking. It was due to yet another CARTEL PHYSICAL CRISIS EVENT, the SIXTH of 2011 alone and SEVENTH since “D-DAY”, November 9, 2010.
In other words, per the table below, we have now gone hyperbolic in the PHYSICAL CRISIS CONTROL COMMAND CENTER, as the time between events has officially declined to ZERO!
By the way, you’ll notice that I didn’t put a specific date on last week’s CARTEL PHYSICAL CRISIS #6 because it happened ALL WEEK, starting on Wednesday, July 13th when “Quivering Lip” Bernanke stated that QE3 is likely, accelerating on Friday, July 15th when Sprott Securities priced it’s PHYS offering (see my July 15th RANT), causing an acceleration of the already sharp rise in gold to a new ALL-TIME HIGH of $1,610/oz (though never more than 1% in a day), which of course occurred at EXACTLY 3 AM EST this morning before the CARTEL mafia showed up (see my RANT from earlier today).
Per this table, each of the past six PHYSICAL CRISIS events have had a decreasing half life of effectiveness, and in the case of CRISIS #5, a midday Cartel mob hit just as Euro gold broke out of a massive year-long pennant formation, the half life was just five hours (see chart directly below the table) before gold hit yet another all-time high, at the NYSE close no less (readers know this is NEVER ALLOWED by the Cartel)!
TIME INTERVAL BETWEEN EVENTS
|D-DAY||November 9, 2010||CARTEL PHYSICAL CRISIS #1||
|SUNDAY NIGHT PAPER SILVER MASSACRE||May 1, 2011||CARTEL PHYSICAL CRISIS #2||
|3:40 PM SILVER PRICE SMASH||June 1, 2011||CARTEL PHYSICAL CRISIS #3||
|OPERATION POST FED PM/OIL ANNIHILATION||June 23, 2011||CARTEL PHYSICAL CRISIS #4||
|GOLD BREAKS OUT IN EUROS – DESTROY IT NOW!||July 11, 2011||CARTEL PHYSICAL CRISIS #5||
|BERNANKE ADMITS QE3 COMING/PHYS OFFERING||July 13-18, 2011||CARTEL PHYSICAL CRISIS #6||
|DEBT CEILING CRISIS PM ATTACK||July 19, 2011||CARTEL PHYSICAL CRISIS #7||
And don’t forget to notice that, yet again, the attack occurred just as gold tried to breach a major “round number”, in this case the $1,550 level that the Cartel has been protecting all year.
You heard it from RANTING ANDY here – $1,550 has now turned from MASSIVE CARTEL RESISTANCE to MASSIVE PHYSICAL SUPPORT, so if you get any kind of chance to buy around $1,550 – DO IT!
Today’s attack was no different than the July 11th raid, a premeditated orgy of NAKED SHORTING in the PAPER gold and silver markets, in INCREASING AMOUNTS by many multiples, to try and put off the inevitable gold EXPLOSION long enough to pass a sizable debt ceiling increase, which I assure you will occur.
If the prices of PHYSICAL gold and silver declined AT ALL this afternoon, please continue to dollar cost average your holdings in order to rid your portfolio of toxic, cancerous, rapidly depreciating dollars (as well as Euros, Pounds, and Yen). This attack, like the others, will have an extremely short half life, and given the long list of upside “event risks” in the Western world, starting with the aforementioned debt ceiling negotiations, readers should be MORE AGGRESSIVE than EVER in shedding their worthless scrip in favor of GOLD, SILVER, FOOD, and ITEMS OF REAL VALUE.
And by the way, I hope you don’t believe I enjoy writing so much about this godforsaken topic. I certainly like writing about things I care about, but could list a dozen other things I’d prefer to be doing right now. However, as we are now in the final stages of the FIAT-BACKED GLOBAL MONETARY SYSTEM, where Cartel attacks will be accelerating to SPIRITUAL LEVELS, I need to make sure READERS are not deterred from doing what it takes to PROTECT THEMSELVES from hyperinflation, AS SOON AS POSSIBLE.