Well… here we are near the end of 2008. A year that saw incredible happenings… not unlike many previous years. Except… that this year was a turning point of sorts.
We saw the average real estate person, to the real estate expert, finally admit that the housing market was collapsing with no end in sight. We saw the paper denominated money markets take a quantum leap into the basement as the “ones in charge” finally admitted that indeed, something was “a bit amiss!” Ha!
As of this moment, the commodities market… the stalwart last port in a storm haven, took a brutal beating at the hands of ruthless manipulators. Silver is still at about 50% of where it was last March 17th. Gold is down at least 25% (but amazingly toying with the fact that it sometimes closes above platinum… which has hardly ever happened in recent history). Palladium is dropping almost off the earth and rhodium, the mainstay of the car catalytic converter industry and fanatical nutritional supplement sector, has occasionally closed lower than gold and is around or below $1,000 per ounce… some remember the recent past when this metal was in the area of several thousands per ounce!
The market indicators are all askew. The Dow is the favorite plaything of the power elite and even though it is suffering, it still refuses (read – “not allowed”) to dive off the final cliff into financial oblivion. The NASDAQ is surviving around record lows… just because it can… and nobody cares at the moment. The Transportations Index has been unceremoniously deleted from the Kitco Charts… no one seems to know why. Maybe it is akin to the almost total disappearance of the M3 Money Index. Some experts figure the Transportations Index to be just as important as the hushed-up M3, especially when analyzed with the movements of the Bond Market. Oh, well.
Another very “supposed” key indicator is the Dollar Index. When it was solid and above 80 points, way over a year ago, many experts agreed that if it went below 80, it would be free fall time. Well, over a year ago, it did just that and continued until recently, its descent to the 71 point range. However, just as all the other indexes and markets went nuts, so did the Dollar Index, and it climbed recently to the upper 80’s… only to drop back into the high 70’s a few days ago.
Oil… Black Gold… Texas Tea. We are now in the mid-thirties from an incredible $147 a barrel not too long ago. Who worked this out!? At the rate it is falling, you will be paid to fill up your SUV at the pump. No? Okay… the obvious conclusion is that the price, as with all commodities… is heavily manipulated. You can expect the price of oil, some day in the near future to shoot skyward so fast, it will make your head spin. You will be left by the roadside with your bankrupt credit cards and fist full of worthless dollars, wondering how you are going to get to the almost empty store to beg for some food for your family that is sitting, hovering over a fireplace, burning your Walmart furniture to try and keep from freezing.
“What is going on?” This is the key question that must cross the minds of even the most financially uninvolved person. The whole world is being turned upside down, not only financially, but politically and socially as well.
Unfortunately, all the factors are interrelated. The blatant battle by the various power elite groups is, and has been going on for decades. Their desire is to control the world’s population by every means possible. Financial control is an obvious method. I paraphrase, as I often do, and cannot overdo, the infamous words of Rothschild… “Give me the power to control a nation’s currency and I care not who makes the laws.” Pretty scary? Yes! Being done? Read the even the most Conservative papers and you will see the whole scenario unfolding right before your very eyes.
What can be done? Probably nothing. That is a horrible realization… but one that is the most likely outcome of what is happening.
We have a new President-elect. If you follow even some of what is going on in the change over period between administrations, you will see that the people that Obama is surrounding himself with are war hawks, financial mis-planners, hangers-on, and political hacks, etc. from previous administrations. That IS scary.
From the fact that Obama is a Wall Street and power elite player… he received 80% of his campaign funds from Wall Street sources… to the fact that he will willingly take us into Afghanistan… (read – Korea, Vietnam, Iraq)… it is no wonder that many who voted for change did not realize that there was NO major candidate dedicated to REAL and POSITIVE change. Sad, but true. Very sad, but true.
Talk about hacks… The “experts” that spew out their nonsense on all media… TV, radio, print… do nothing more than confuse the facts. I believe that a great deal of this is intentional or at least greatly appreciated by the power elite. Experts speak, using the alphabet soup names of all types of financial tools, methods, etc., thus making it near impossible to decipher what they are talking about. Another favorite method is using words that people in the financial and political fields don’t even agree on the meaning of. “Spread,” “leveraging,” “longs,” “shorts…” and the list is endless!
My favorite, and one that if you don’t know much about it now… you eventually will! It is “Derivatives.” I have studied them for years and not until recently did I find a somewhat satisfactory explanation of what they were and HOW THEY WORKED! I even wrote a post on my web site – Silverrockstheworld.com (entitled “Derivative Meltdown!!!”), explaining in VERY simple terms the uses and ABUSES of this kind of financial nonsense.
The fact that the worldwide exposure to them is over $1 QUADRILLION (that’s 1,000 TRILLIONS!), and they are based on futures agreements of which 90% unbelievably expire WORTHLESS! The total GDP of the ENTIRE world is $50 trillion. That makes derivatives a loosing game of about 20 to 1! Worried yet? No? You should be shaking in you shoes!
Ever hear the names COMEX and CFTC? You may have, or if they have their way, you will not. They are the government assigned watchdog agencies for the commodities markets. Do they do their job? NO! But then again, for who? If you mean you and me, they are sinister and corrupt entities from the word go. But, for the power elite, they are the golden boys of commodity manipulation. Something that the world may (hopefully not), pay very dearly for.
As almost a final peg in the silliness board of the financial collapse, is the fact that just a few days ago there was a mad dash by investors to purchase 30 year Treasuries. The stupidity of this was that the rate of interest was effectively zero and people were actually getting no return on their investment and just letting the government keep their money for thirty years! Thirty years?! No interest?!? What about the possibilities of havoc that inflation would play on a dumb move like that? What about the possibilities in six months? Three months? The whole thing is totally preposterous and yet par for the course!
An obvious solution at the very least, would be to invest in tangible silver of any kind. A move that alas, mainly due to the gross price manipulation, will be an investment that all will want when none is available.
When you think about the big picture… it is very likely that down to the most poverty stricken third world nation, every country has at least one Super Secret Intelligence Agency. Who their collective loyalties are to is anyone’s guess. This makes the entire mix of various power elite groups and their henchmen quite difficult to put a handle on… let alone their past, present and future plans.
Again, what can be done? As mentioned, ANY paper denominated investments are most likely to become worthless when and how the power elite see fit. The flight to tangible commodities is the ONLY real answer, but no one has money to spare to buy items such as silver, even at its present rock bottom price. This is also very sad, but true.
The collective people of the world are in a mess. With economies failing, food becoming scarce, social unrest rearing its ugly head… what could possibly be the answer?
I guess other than buying an amount of silver that you can afford and squirrel away, there is not much to be done. That is my best answer at present. Also, if you are so moved, you should pray to your God and ask for divine intervention… because if you follow what is going on and are not a stooge of the popular culture that the power elite media feeds us, you will realize that our options to have a planet that is free, just and loving gets further from the realms of possibility.