Well… it is another day and another billion or so dollars down the drain.
The actions of corruption, fraud, and manipulation of our financial markets by politicians, Wall Street mavens, hired guns such as Paulson and Bernanke, world leaders, world banks and organizations, financial market reporting agencies, all the stock market hedge funds, mutuals, derivatives, etc., all the currency manipulators, and whoever else has a hand in the ongoing and historic, worldwide financial meltdown… are shameful. The perpetrators should be removed from power, no, better yet, they should be indicted!
If you are looking at the world financial situation from an honest, fair market and supply and demand perspective, nothing done by the aforementioned potpourri of financial controllers makes any sense whatsoever.
If you are looking at it in the perspective of the stepped up manipulation and control of the entire world population… through a new world government structure and monetary system, then it kind of makes ALL the sense in the world!
Many financial and political leaders say they want to “save” the economy for the “middle class.” I didn’t know there was much of a middle class left anymore. How to save it? Who knows.
Their plans are full of “tax credits,” “rebates,” “vouchers,” and every other such thing that will do nothing more than drastically increase the physical size of the IRS code to well over its approximately 6,000 pages.
The truth is that NO ONE on the “political and financial scene” has a clue, the intelligence and/or the moral fortitude to make the right choices. Bush and ALL his “cronies in crime” have been merely, with help of a totally controlled media, playing the people of this country for total and complete fools.
Just look at the basic financial charts for today, for example. The Dow is down, the Nasdaq is down… the NYSE is not doing well and the Transportations are floundering terribly. What does this all mean? Nothing! It might only mean something to a handful of “day traders” that are in an out in a few hours, based on volatile up and down swings. It also may mean something to the “black box” institutional traders that make up most of the daily billions of shares traded volume, by orchestrating the timing of the daily highs and lows and making large, quick and very profitable deals.
Then there is the U. S. Dollar Index. A nonsense figure that is in the mid-80 point range right now. When it was going down toward 80 over a year ago, experts thought that when it went below 80, it would start to free fall and the dollar value would approach the zero range.
Well it DID go below 80 and systematically kept sinking to about the 71 point range. Then, as with all the financial markets and indexes… all hell recently broke loose and logic and common sense went right out the window. The Dollar Index has shot up and money markets are at al loss to rationally explain why it is happening, when will it reverse again and will the dollar actually crash and when? (Most think it will crash and sooner than later).
Then, as we all know, the markets have tumbled a great deal in recent weeks. Paper assets such as stocks, bonds, etc. took it on the chin. Why? Supposedly, the public was loosing faith in the markets and the markets were loosing faith in themselves. What about all the aforementioned fraud, corruption, etc. by the Power Elite? (Fraudulent derivatives, credit swaps and the like). Who’s asking!?
Nobody looks forward to a stock market crash, a falling dollar, a diminished standard of living, riots in the streets – thus martial law… in short, a major societal crash. So, the Power Elite with the help of a controlled media, have gone to work.
Groups such as the PPT (Plunge Protection Team) and the Exchange Rate Stabilization Fund, etc., have come to the forefront and with total subterfuge, cajoled, threatened, scared, and lied to the Congress and the people of America about a “plan” to “bail out” and supposedly “rescue” the country.
To begin with, it was all a masterful set up. It was played like a masterful set up and is STILL being played as a masterful set up. But, if things play out the way they might, the masterful plan could easily turn sour overnight and the American people will be left to fend for themselves both physically and financially.
What do do? The historic answers to a “panic” situation in the American and world economies has also been the mainstays of humanity… gold and silver.
However, there is a documented silver shortage in the world RIGHT NOW! Well, then why is silver “trading” at less than half of its value as of last March 17th? Why is gold down over 25% in the same time? Why is silver, the metal of over 10,000 vital uses to mankind, and in the mentioned shortage situation, trading at a value ratio of about 75 to one… gold to silver?
Silver is the “win-win” metal since it is presently extremely under priced, is in a shortage position, is in demand by investment oriented people and is going to be desperately needed for industry and medicine, now and increasingly so in the future. What is going on?!
The bottom line is that silver, like all commodities and asset markets, is HIGHLY MANIPULATED for gains by he Power Elite and also to prevent the public from retaining some sort of financial stability.
A people on the verge of social and financial collapse are easily controlled. Hundreds of years ago, Rothschild, the main founder of the World Central Banking System stated that: “Give me the control of the issuance of a nation’s currency, and I care not who makes the laws.”
Silver and gold should be selling for much more than they a presently are. One solution to that has been that the few sellers who are left, are charging premiums for their metals. However, even that only amounts to about 3, maybe 4 dollars an ounce above the questionable and very low, “officially going for” or ‘”spot” price of silver.
Again, what to do? Write your Congressperson. Done that. Write ALL the Congresspersons. Done that. Write the President. Done that. Write the media. Done that. Write to people in positions at official and unofficial organizations who are in the know. Done that. Write to authorities on the subject in general. Done that. Write to Paulson, Bernanke, etc. Yes… done that, too.
My point is that we seem to have and/or are running out of viable options. I have suggested in previous articles that people should buy and sell silver at its FREE MARKET and SUPPLY AND DEMAND price. This should easily jump to $100, $500 $1,000 or even $3,200 an ounce or much higher! Small and large sellers of silver should take advantage of their position in this shortage situation and DEMAND fair, supply and demand prices!
Yes, this is a solution. However, not for everything in the economy. That subject is very complex such as are other major issues we face, i.e. the end of ANY nation’s rampant imperialism, quality free health care for everyone, a woman’s freedom of choice for her body, pollution, nuclear proliferation, global warming… to just name a few.
ALL of these issues have to be tackled, not by a young, smooth talking Senator who is very indebted to Wall Street… just as is his “Maverick” opponent. We do not need more of the last eight years, as we don’t need any more of the eight years before that either! Unfortunately, the demise and total control of this planet has been in the works in all of the preceding Presidencies… like it or not. It’s just that in the latest generation, the power and capacity of the controlling factors has taken off at the speed of light.
The change of the valuation of silver and gold is a step… okay, a small one at that. But, it might just be something that could help quite a few people. It would give the precious metal commodities back their value and enable SOME market stabilization… thus allowing the American people to participate profitably in the financial markets. It is a step in the right direction and that alone, makes it important and worthy of serious consideration.
As to the rest of the social and financial mess… I actually feel that a major Leap in Consciousness by EVERYONE in the entire world would be one of the only ways we can start to build a livable and perhaps, hopefully a better world for all of us. – Larson.