The Noose Is Tightening
The noose is tightening on the Powers that Be, as all attempts at MONEY PRINTING, MARKET MANIPULATION, and PROPAGANDA are failing. The GLOBAL economy – and BANKING SYSTEM – is failing, as have been the result of ALL fiat currency systems throughout history. And given that this is the ONLY time EVER when ALL global currencies are fiat –amidst a global population of seven billion people - the crash will dwarf all others in history.
They are DESPERATELY trying to keep PAPER gold and silver prices down, but they refused to materially budge despite the GARGANTUAN efforts launched last Labor Day – when gold reached an all-time high – and particularly since February’s “LEAP DAY VIOLATION.” Today, the Spanish stock and bond markets CRASHED anew -with Italy close behind – and even the PPT has not been able to support the “DOW JONES PROPAGANDA AVERAGE.”
Gold was ATTACKED at the usual 10:00 AM and 12:00 PM EST KEY ATTACK TIMES, but as I write at 1:25 PM EST, has again turned GREEN while the Dow remains down 150. Jim Sinclair anticipates MASSIVE, GLOBAL QE very, very shortly, and I concur!
Andrew C. ("Ranting Andy") Hoffman, CFA
Miles Franklin Ltd.