-- Posted Friday, 24 October 2008 | Digg This Article
| Source: GoldSeek.com
By R. D. Bradshaw
The stock and commodity markets have been especially hectic the past two weeks. Interestingly, the stock market moves have been so large and powerful that one must pause here and conclude that the US Plunge Protection Team (PPT) has been at work overtime to prop up and boost US stocks.
In looking at the markets, and what has happened, this writer is still under the impression that things are going precisely as the plutocrat manipulators have planned. Everything seems to be continuing in their game of control and manipulation, as designed to make profits and money for the team players. Even the 900+ point rise in the Dow on Oct 13th and the 700+ point drop on Oct 15th both seem to be in line with plutocratic market control operations.
The Dow moves on Oct 16th offered a perfect illustration of how the manipulators work the markets. The Dow was down most of the day. Then just before the close, the PPT rushed in to buy huge amounts of Dow stocks and the index to cause an actual 400 point gain at the close. This proves that the manipulators are careful about totally collapsing stocks at this time. Probably, they are manipulating stocks down but trying to avoid a rapid and total collapse. In other words, they are working on a deflationary fall and not anything as drastic as happened in 1929.
This idea of a deflationary fall also surfaced the past two weeks in the various media reports on the financial markets. For example, Bloomberg had a series of lead articles allowing a deflationary recession in the US. Since Bloomberg is a collaborator, with the Rothschild team, on manipulating the markets, we can be sure that a deflationary fall or recession is the present goal and plan of the fat cats.
The Henry Paulson Spin for the Suckers
On Oct 16, 2008, AP Economics Writer Martin Crutsinger had a story on “Paulson Regrets Mistakes on Economy” which said that Treasury Secretary Henry Paulson “expressed regret for the many errors made that led to the biggest financial crisis in seven decades, but he insisted the administration is pursuing the correct course now to end the debacle.”
Crutsinger quoted Paulson as saying “We're not proud of all the mistakes that were made by many different people, different parties, failures of our regulatory system, failures of market discipline that got us here” and that he had "no regrets" about the steps the government is taking now to address the problem. Paulson was also quoted as saying “We will mitigate the impact on the real economy and we'll get this financial system working again.”
Here, the logical conclusion must be that anyone believing this Paulson nonsense must still believe in the tooth fairy and be in the market to buy a bridge. Surely persons with an IQ above a single digit will not be taken in and duped by a fraud artist like Paulson. Both he and Ben Bernanke are classic spin meisters who haven’t told the truth yet about the mess that they helped create with the plutocratic manipulators. Like the crafty and cunning FDR said—if it happens, it was planned that way.
Coming Possibilities
Regardless of whether or not the plutocrats are in present control of the stock market falls, it seems likely there is a bottom point on stocks (maybe 2000 to 4000 on the Dow). After all, the many corporations involved do own some assets of value. Based on a per share valuation of those assets, the common stock is not totally worthless like certain other properties. Even during the coming period of hyperinflation, it seems likely that some common stocks will retain some value.
Otherwise, if the manipulators have lost or do lose control over the stock market declines, that they undoubtedly kicked off, there could be a couple of really bad fall outs on the status of US IOUs now liberally scattered around the world.
Above all else, it is almost a certainty that the plutocrats are not going to allow any substantial collapsing of the value of the US dollar and US bonds/notes. If these things start down, we had better sit up and take notice. It could happen that the whole US IOU debt structure could collapse in just a matter of days and particularly so with a collapse in US bond/note prices.
The New York Times of Nov 7, 2007 had an article by Austan Goolsbee on “Is the Surge Working Some New Facts” which quoted Economics Professor Michael Greenstone of MIT. In addressing Iraqi bonds, Greenstone spoke of bond markets and their falls and noted “which, historically, has often been an early indicator of the demise of a political system.”
Based on Greenstone’s thinking, we might apply that wisdom to the US bond market. Will it fall? Would its fall be an indicator of the demise of the US political system? Thus, if the US bonds start to fall in earnest, it could be a signal that the US financial house of cards is about to collapse. With such a collapse, surely there will be a change in US politics. Hence, we might watch the value of US bonds, as well as the US dollar, to detect early signs of any plutocrat loss of control over the US financial system.
A Word from London
On the question of gold and silver, in the context of the recession/depression now on the horizon, the Gartman Letter (from London) of Oct 17, 2008 asked what the gold market is telling us.
Then, Gartman supplied some answers by saying that it is telling us that the global recession will be quite severe and long lasting. It is telling us that the recession will be deflationary in nature, as all recessions are. It is telling us that the public was and is too long of gold and needs to be liquidated out. It is telling us that the margin clerks of the world are selling gold because they can, and it is telling us that the monetary authorities have a hoard of gold that they would like to sell in order to free up assets that could not be used to come to the aid of the nation's that are most seriously impacted by the recession but which can now be used... and will be.
If Gartman is at least partly right, it means trouble for particularly gold in the immediate future. Frankly, my guess remains as stated in prior Goldsmith articles. I firmly believe that the plutocrat manipulators are right now trying to force a limited deflationary fall/recession on the US financial markets in order to try to head off a later hyperinflationary bust. But I think the plutocratic manipulators will eventually lose control over events and the markets.
And when they do lose control, with their dishonest, crooked and deceitful practices, gold, silver, oil and other commodities are going to go strongly up. The dollar, many US stocks (except for gold and silver mining stocks), bonds and other paper assets are headed for the garbage can.
For More Reading/Information
For more reading on this issue, the reader may wish to check these sources:
The bestseller: “None Dare Call It Conspiracy,” by Gary Allen and Larry Abraham, first published in 1971, still available on eBay, Amazon and other book outlets.
“Conspirators’ Hierarchy: The Story of the Committee of 300”: by Dr John Coleman. Order from World in Review, 2533 N Carson St, Carson City, NV 89706, phone 1-800-942-0821.
“Tragedy and Hope,” by Carroll Quigley. At the 1992 Democrat Convention, Bill Clinton’s acceptance speech cited Quigley as Clinton’s mentor.
An Internet presentation on the Plutocrats, at Volume XXII of “Ezekiel and YHWH’s Judgment for the Good People,” at www.AgeEnd.com on the net.
The author of this article is not involved in the securities or financial market business and has no financial interest in presenting the information herein. Therefore, the preceding information on this subject is presented for general information only and not for purposes of investment advise or recommendations. What the reader does on investments is his own personal decision and responsibility.
Finally, the writer of this series is a retired CPA, living in the Idaho Mountains, and still optimistic for the future of gold and silver. He is also a veteran of the Korean and Vietnamese Wars.
-- Posted Friday, 24 October 2008 | Digg This Article | Source: GoldSeek.com
