richiedoc
15th January 2007, 03:52
No Way Out: A Fifty Percent Dollar Devaluation
http://www.gold-eagle.com/editorials_05/mchugh011407.html
"The pattern is ominous as far as its size, its timeframe, and as far as its downside implications. This pattern is textbook. No flaws. In fact it carries a rare added textbook feature of a weaker right shoulder than left. That is not good. This is right in line with the Fed's decision to hide M-3, enabling them to hyper-inflate the economy with too much money for secret purposes (The Working Group's minutes are secret, their market buying intervention activities are secret, the quantity of M-3 being created is secret). Any auditor worth his salt will tell you that secrecy breeds mischief, often with dire consequences. The founding fathers established accountability in our constitution, and the Federal Reserve and the Working Group (a.k.a. Plunge Protection Team) are managing M-3 in violation of that spirit."
"their market buying intervention activities are secret"
It hit me when I read this one part that the Fed wants everybody in the same boat before they devalue...including the Chinese - who are apparently loading into the boat now. That's why they are keeping the stock market up..."See! No need to worry! Stocks are going up steady and will continue to do so if everybody gets on the same page!" And the last place they want anybody is in oil, gold, silver, copper, corn, etc - all commodities. But I bet they are going long as we speak. Crash the cash and then own the real assets no one can do without. Sounds like a recipe for controlling the masses when TSHTF!:p
This lends alot of credence to the theory that one day you will wake up and silver will double or quadruple...and if you weren't in the market (long) the night before then that's all she'll write for YOU.
WOW! Heavy stuff!
http://www.gold-eagle.com/editorials_05/mchugh011407.html
"The pattern is ominous as far as its size, its timeframe, and as far as its downside implications. This pattern is textbook. No flaws. In fact it carries a rare added textbook feature of a weaker right shoulder than left. That is not good. This is right in line with the Fed's decision to hide M-3, enabling them to hyper-inflate the economy with too much money for secret purposes (The Working Group's minutes are secret, their market buying intervention activities are secret, the quantity of M-3 being created is secret). Any auditor worth his salt will tell you that secrecy breeds mischief, often with dire consequences. The founding fathers established accountability in our constitution, and the Federal Reserve and the Working Group (a.k.a. Plunge Protection Team) are managing M-3 in violation of that spirit."
"their market buying intervention activities are secret"
It hit me when I read this one part that the Fed wants everybody in the same boat before they devalue...including the Chinese - who are apparently loading into the boat now. That's why they are keeping the stock market up..."See! No need to worry! Stocks are going up steady and will continue to do so if everybody gets on the same page!" And the last place they want anybody is in oil, gold, silver, copper, corn, etc - all commodities. But I bet they are going long as we speak. Crash the cash and then own the real assets no one can do without. Sounds like a recipe for controlling the masses when TSHTF!:p
This lends alot of credence to the theory that one day you will wake up and silver will double or quadruple...and if you weren't in the market (long) the night before then that's all she'll write for YOU.
WOW! Heavy stuff!