The blatant and very obvious manipulation and price capping of the precious metals (Gold-Silver) on the CME's CRIMEX....er, COMEX continues.
We will eventually see a reckoning between hard economic reality and the delusional will to power of the paper rulers of the universe, however.
- The ECB has just gone to negative interest rates (their people will actually now pay to have their money on deposit in banks), and the US will be the next to slide from ZIRP (zero interest rate policy) to NIRP (negative interest rate policy).
Anyone who does NOT already have actual possession and/or clear title (think certificates or direct registration versus street registration) of physical precious metals or equities should consider lawyering up and preparing a Plan B most ricky-tick.
- Paper 'promises' will not be redeemed or kept when this collapses under the sheer weight of the fraud.
Of course the 'connected' will have access to Presidential Pardons, but the Muppets will be wiped out financially.
When this complicated system of re-hypothecated assets crashes it will make the MF Global theft look like a Church Ice Cream Social in contrast.
Tuesday, 10 June 2014
That's gonna leave a mark..................from Rico
From Theo Spark at 11:00
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