LIVE Gold Prices $  | E-Mail Subscriptions | Update GoldSeek | GoldSeek Radio 

Commentary : Gold Review : Markets : News Wire : Quotes : Silver : Stocks - Main Page >> News >> Story  Disclaimer 
Latest Headlines to Launch New Website

Is Gold Price Action Warning Of Imminent Monetary Collapse Part 2?
By: Hubert Moolman

Gold and Silver Are Just Getting Started
By: Frank Holmes, US Funds

Silver Makes High Wave Candle at Target – Here’s What to Expect…
By: Clive Maund

Gold Blows Through Upside Resistance - The Chase Is On
By: Avi Gilburt

U.S. Mint To Reduce Gold & Silver Eagle Production Over The Next 12-18 Months
By: Steve St. Angelo, SRSrocco Report

Gold's sharp rise throws Financial Times into an erroneous sulk
By: Chris Powell, GATA

Precious Metals Update Video: Gold's unusual strength
By: Ira Epstein

Asian Metals Market Update: July-29-2020
By: Chintan Karnani, Insignia Consultants

Gold's rise is a 'mystery' because journalism always fails to pursue it
By: Chris Powell, GATA


GoldSeek Web

Profits & Power From THE SCANDAL Beneath The Scandal

-- Posted Friday, 20 March 2009 | | Source:




Wealth Preservation         Wealth Enhancement

Financial and Geopolitical Intelligence



“As the US Treasury Department continues to brag that the US has not yet been forced to make good on its guarantees of toxic debt held by the major insider banks (Citigroup, JP Morgan, Bank of America, etc) we find they have been using a back door to funnel money to their friends - - AIG the world insurance giant holding the largest share of derivative contracts that guarantee those toxic debts against default.  In point of fact, those debts are defaulting in ever increasing number, and AIG is having to pay out billions.  But, those billions are being replenished by additional bailout funds from the Treasury - - while the rest of the nation suffers from lack of credit.  Why should the American taxpayer be bailing out gambling bets based on promises to pay that were utterly fraudulent?  Now we find out that AIG is also the preferred avenue of funneling money into European banks.  Lastly, what do all these insider banks have in common?  They constitute the private owners of the Federal Reserve.  It all begins to make sense why only the largest banks are receiving these funds and why the regulators continue to squeeze the smaller banks with millions in new surcharges -  - forcing them into liquidation.  The fix is in. (emphasis added)



Joel Skousen; AIG:  The Fix is in for Private Owners of the Fed

World Affairs Brief, March 16, 2009




Leading Members of The Financial and Economic Establishment were viciously attacking insurance giant AIG (primary purveyor of Credit Default Swaps) earlier this week for granting Millions in employee bonuses while taking nearly two hundred billion dollars in U.S. Taxpayer funded Bailout Money.  Their attacks were echoed by Kept Politicians and Media Talking Heads.


Yes, the Outrage is justified. 


But, the Bonus Scandal Outrage increasingly appears to be an Intentional Smokescreen hiding The Much Bigger SCANDAL as Joel Skousen and F. William Engdahl point out. 


“…the White House Economic Council chairman, Larry Summers has expressed ‘outrage.’  President Obama himself has entered the fray to promise ‘justice.’  US Senators have threatened a law to change the injustice.  The only problem is they are all exercising ‘politics of deflection,’ taking attention away from the real problem, the fraudulent bailout. (emphasis added)


F. William Engdahl; AIG Larry Summers and the Politics of Deflection; March 18, 2009


Indeed, it appears that the REAL SCANDAL involves 100 times the amount of the Bonus Scandal - - apparently payments were funneled through AIG to the mega-bank Private Owners of the Fed itself, as Joel Skousen explains.


Skousen’s and Engdahl’s credible claims are even beginning to be echoed in the Mainstream Media.


“As outrage over the AIG bonus scandal continues to grow, it’s dawning on a number of Americans that the real outrage is the backdoor bailout of AIG’s counterparties, including Goldman Sachs, Bank of America/Merrill Lynch, Citigroup and a host of European banks.


As discussed here yesterday, while the $1.2 billion of AIG bonus money is offensive, it pales in comparison to the over $100 billion of bailout money that went in the front door of AIG and right out the back door to its counterparties.” 


Tech Ticker

March 17, 2009


Buttressing this case was AIG’s recently releasing a list of U.S. and European Banks, which received multi-billion dollar U.S. Taxpayer-financed bailout funds through the AIG Bailout.


As Mary Williams Walsh of the NY Times reports:


“Financial companies that received multibillion-dollar payments owed by A.I.G. include Goldman Sachs ($12.9 billion), Merrill Lynch ($6.8 billion), Bank of America ($5.2 billion), Citigroup ($2.3 billion) and Wachovia ($1.5 billion).


Big foreign banks also received large sums from the rescue, including Societe Generale of France and Deutsche Bank of Germany, which each received nearly $12 billion; Barclays of Britain ($8.5 billion); and UBS of Switzerland ($5 billion).”


Mary Williams Walsh; A.I.G. Lists Banks It Paid With U.S. Bailout Funds

New York Times, March 16, 2009


And the MSM Tech Ticker article raises crucial questions.


“The whole sordid episode raises several questions that need to be addressed by politicians and policymakers:


·         It’s about six months since the first AIG bailout; why has it taken this long for the names of these counterparties to be revealed?  (Related:  Is Barack Obama really being more transparent than his famously secretive predecessor?)

·         Why wasn’t it explained clearly to the American people that ‘rescuing AIG’ really meant ‘bailing out its counterparties’?  And, if so, why didn’t we just give the money directly to AIG’s trading partners?

·         Why is the U.S. government continuing its policy of ‘making whole’ counterparties and institutional bondholders of bailout recipients, instead of requiring those investors (who entered into those deals freely and without a government guarantee) to at least take a ‘haircut’ and share in the taxpayers’ pain?

·         Why didn’t former Treasury Secretary and former Goldman Sachs CEO Hank Paulson disclose that his former firm would be one of the prime beneficiaries of the AIG bailout?

·         When is Tim Geithner, reportedly the prime architect of the AIG bailouts (among others), going to take responsibility for this disaster?”


Tech Ticker

March 17, 2009


And the infamous Elliot Sptizer, former NY Governor has revealed another Aspect of The Scandal.


“Everybody is rushing to condemn AIG’s bonuses, but this simple scandal is obscuring the real disgrace of the insurance giant:  Why are AIG’s counterparties getting paid back in full, to the tune of tens of billion of taxpayer dollars?…


…And who were AIG’s trading partners?  No shock here:  Goldman, Bank of America, Merrill Lynch, UBS, JPMorgan Chase, Morgan Stanley, Deutsche Bank, Barclays, and on it goes. - - So now we know for sure what we already surmised:  The AIG bailout has been a way to hide an enormous second round of cash to the same group that had received TARP money already. - -“ (emphasis added)


Eliot Spitzer; The Real AIG Scandal, March 17, 2009


(Could it be that Eliot is practicing a bit of “payback” for those who ‘dropped a dime’ on him?!)


At this point, it should be noted that neither U.S taxpayers nor Investors generally, know for certain who the owners of the private for-profit U.S. Federal Reserve actually are.  (And this itself is yet another Outrage!)


But those who have studied the matter provide credible evidence that the shareholders are among the largest Financial Institutions in Europe and the United States (cf. Skousen, and James Quinn’s “The Federal Reserve is a Grand Illusion,” Spero, March 16, 2009).


Consider just one example.  There is evidence that Goldman Sachs is one of the major shareholders of The private for-profit Fed.


But we also note that Goldman Sachs tops the list of recipients of U.S. Taxpayer provided Funds via the AIG bailout, having received $12.9 billion.


Fortunately, there is an “Audit the Fed” Bill recently introduced in Congress.


Unfortunately, it will probably go nowhere, not yet anyway.


We also note that just a week or so ago Fed Chairman Bernanke refused to identify the recipients of the over $2 Trillion in Fed largesse thus far.


In his insightful article:  “AIG:  The Fix is in for Private Owners of the Fed”, Joel Skousen also explains:


“While Bear Stearns was collapsing, Goldman Sachs boasted that it had insulated itself by buying insurance against the mortgage-backed derivatives.  As it turns out, it was, in fact, rescued by the Fed when it bailed out AIG.  In 2007, Lloyd Blankfein, Goldman Sachs’ CEO, received $70 million in compensation, including bonuses, $27 million in cash…  At the time the New York Fed came to AIG’s assistance, Secretary of the Treasury Timothy Geithner was its head.  Blankfein is still drawing down millions in compensation.  The rationale for his compensation is the alleged profitability of Goldman Sachs, which raked in over $9 billion in 2006.  It should also be noted that the bailout stopped Goldman stock from plummeting, thereby protecting not only Blankfein’s fortune, but that of Hank Paulson, the former chairman of Goldman Sachs, who was Secretary of the Treasury under George W. Bush.


This is perhaps the greatest financial scandal in American history but most Americans are totally ignorant of it.  On top of this, the AIG bailout enabled John Thain to pay out billions in bonuses while he headed Merrill Lynch, just prior to its sale…”


And, of course, we note that several of the recipients of U.S. Taxpayer provided Bailout Money were European Mega banks (see list above), several of which are also reportedly shareholders in the U.S. Federal Reserve.


Yet after all these Bailouts, the Credit Markets for the average Small Business and Consumer are still relatively frozen.


A Grand step toward a solution to still-freezing credit markets would be to help Community and State Banks provide more loans on better terms (they are after all “closer” to most borrowers) as suggested by acute Analyst Meredith Whitney (CNBC, “Squawk Box”, March 17, 2009).


But The Fed-led Banker Cartel* has been successful in helping its own through increasingly flooding the Markets with money “borrowed” by the U.S. Taxpayers (at interest paid to The Fed for the Money which it printed for free) and funneled to Mega-Financial Institutions.


*We encourage those who doubt the scope and power of Intervention by a Fed-led Cartel of Key Central Bankers and favored financial institutions to read Deepcaster’s December, 2008 Letter containing a summary overview of Overt and Covert Intervention entitled “A Strategy for Profiting from the Cartel’s Dark Interventions & Evolving Techniques” and Deepcaster’s July, 2008 Letter entitled “Market Intervention, Data Manipulation - - Increasing Risks, The Cartel End Game, and Latest Forecast” at Also consider the substantial evidence collected by the Gold AntiTrust Action Committee at for information on precious metals price manipulation. Virtually all of the evidence for Intervention has been gleaned from publicly available records. Deepcaster’s profitable recommendations displayed at have been facilitated by attention to these “Interventionals.”


Before we address how Investors might Profit and Protect from this ongoing Disaster, further words about the Fed-led Cartel are in order.


The Cartel’s success in funneling hundreds of billion of U.S. Taxpayer dollars to “it own” reflects the continuing ascendancy of The Cartel to Superpower Sovereign Nation Status.  This ascending is being accompanied by the destruction of the Purchasing Power of the U.S. Dollar and certain other Fiat Currencies, as well as the attempted ongoing implementation of the pernicious Cartel “End Game.” (See Deepcaster articles referenced above).  As well, consider this insightful observation:


“…in every major US financial panic since at least the Panic of 1835, the titans of Wall Street – most especially until 1929, the House of JP Morgan – have deliberately triggered bank panics behind the scenes in order to consolidate their grip on US banking.  The private banks used the panics to control Washington policy including the exact definition of the private ownership of the new Federal Reserve in 1913, and to consolidate their control over industry such as US Steel, Caterpillar, Westinghouse and the like.  They are, in short, old hands at such financial warfare to increase their power. (emphasis added)


Now they must do something similar on a global scale to be able to continue to dominate global finance, the heart of the power of the American Century.  Consider


That process of using panics to centralize their private power created an extremely powerful concentration of financial and economic power in a few private hands, the same hands which created the influential US foreign policy think-tank, the New York Council on Foreign Relations in 1919…”


 “Behind the panic:  financial warfare over future of global bank power”

F. William Engdahl, October 10, 2008


Consider the implications of this perceptive F. William Engdahl quote regarding “global bank power.”  As Engdahl points out, the evidence is increasing that the recent financial panic and economic distress is and has been planned as a part of Cartel Strategy to increase its power and, in our view, to implement its “End Game.”


In this connection (former N.Y. Federal Reserve Bank Chief and now) Treasury Secretary Geithner’s recent comment is especially revealing:


Geithner warns of Deeper Slumps; Seeks Lawmakers’ Backing for Bank Bailout”


           Bloomberg News, March 5. 2009


To understand the Cartel’s likely “End Game” we must understand the Root Cause.


The root cause of The Threat lies in the structure, functioning and policies of the private-for-profit “U.S.” Federal Reserve.


Various international private banks, several of which are headquartered in Europe, own the “United States” Federal Reserve Bank.


These International Bankers, acting through theirU.S.” Fed, make money by creating money out of “thin air” as eloquently described by the Dean of the Newsletter Writers, Richard Russell:


“I still can’t get over the whole Federal Reserve racket.”


Consider the following - - let’s take a situation where the U.S. government needs money.  The U.S. doesn’t just issue United States Notes, which, of course it could.  These notes would be dollars backed by the full faith and credit of the United States.  No, the U.S. doesn’t issue dollars straight out of the U.S. Treasury.


This is what the U.S. does - - it issues Treasury Bonds.  The U.S. then sells these bonds to the Fed.  The Fed buys the bonds.  Wait, how does the Fed pay for the bonds?  The Fed simply creates money “out of thin air” (book-keeping entry) with which it buys the bonds.  The money that the Fed creates from nowhere then goes to the U.S.  The Fed holds the U.S. bonds, and the unbelievable irony is that the U.S. then pays interest on the very bonds that the U.S. itself issued.  (With great profit to the private owners of The Fed - - Ed. Note)  The mind boggles.


The damnable result is that the Fed effectively controls the U.S. money supply.  The Fed is …not even a branch of the U.S. government.  The Fed is not mentioned in the Constitution of the United States.  No Constitutional amendment was ever created or voted on to accept the Fed.  The Constitutionality of the Federal Reserve has never come before the Supreme Court.  The Fed is a private bank that keeps the U.S. forever in debt - - or I should say in increasing debt along with ever rising interest payments.


How did the Fed get away with this outrage?  A tiny secretive group of bankers sneaked through a bill in 1913 at a time when many in Congress were absent.  Those who were there and voted for the bill didn’t realize (as so often happens) what they were voting for (shades of the shameful 2002 vote to hand over to President Bush the power to decide on war with Iraq).”


Richard Russell, “Richards Remarks,”, March 27 2007


After President Wilson signed the Federal Reserve Act into law in 1913, he reportedly said, “I am a most unhappy man, I have unwittingly ruined my country…a great industrial nation is now controlled by its system of credit…the growth of the nation, therefore, and all of our activities are in the hands of a few men…” Thus we have an early statement about the threat to “democracy” occasioned by The Fed.


Insightful economic forecaster Ian Gordon notes several negative consequences of the nearly 100-year reign of The Fed, consequences with which we cope today.


“Since its inception in 1913, the Federal Reserve Board has been responsible for almost 95% devaluation of the U.S. Dollar.  All this has been achieved through its ability to continually inflate the money supply.


And, between 1985 and 2005, the Federal Reserve Board has increased the money supply by five times.  This extraordinary money creation is merely the catalyst for debt creation.  In a fiat money system, money is debt…there is absolutely no way this money can ever be repaid except by continued inflation.  But, now that the credit bubble is blown up, inflation is no longer an option; bankruptcy looms.”


     The Federal Reserve…What Has It Done For You Lately? ”

Ian Gordon, December 29, 2007 (


To put it bluntly, the “devaluation” of which Gordon speaks is loss of Purchasing Power.


When the United States has, in recent years, been threatened with recession (e.g. 1987 and 2001), the Greenspan-led Fed responded to each threat by ever more massive fiat money (debt) creation.  The problem is that each time the fiat money supply is inflated by an ever-greater amount, more money must be printed (and more “interest” paid by U.S. Taxpayers to the Private For-Profit Federal Reserve) in order to stave off recession or depression.  One recent calculation has indicated that approximately $6 must now be created (i.e. printed) in order to drive each additional $1 of GDP.


Such profligate printing merely delays financial disaster, and indeed even increases the chances for disaster in the long run, because Taxpayers are further burdened by the loss of purchasing power that the additional printed money (i.e. additional debt) entails.  Such a disaster could, and should, be avoided by linking currency to the Monetary Metals – Gold & Silver – but The Cartel strenuously resists that.


The Cartel works to protect their lucrative “paper” money regime of fiat currencies and Treasury Securities at all costs.  Failure to do so would dilute their power and profits.  (In order to protect this Paper Money Regime they must periodically attempt to take down the price of Gold, Silver, and other Strategic Commodities - - see below.)


In any event, there is a “Silver Lining” for Investors (temporarily at least) - - this massive infusion of Fed-created Fiat Money creates Profit Opportunities at the same time it increases Systemic Risk.


In order to understand just how it creates profit opportunities, it is important to understand that a U.S. Fed-led Cartel* of Central Bankers and their Allies and Agents have been Overtly and Covertly intervening in the Major Markets and facilitating the generation of gimmicked key “Official Statistics”.


Consider first the matter of Real Statistics versus Official Statistics.


Investors who failed to have The Real Numbers in 2008 typically suffered Serious Losses.


Having The Real Numbers could not only have helped prevent losses.  It would also have allowed these Investors to Profit because they would have had several significant advance indicators that they should have shorted the markets before the Markets suffered very substantial takedowns in the Fall, 2008.


The Real Numbers to which we refer are realistic revisions of gimmicked Official Government and Agency Statistics as well as the Real Numbers (e.g. OTC Dark Derivatives) which reflect the Interventional Capacity of the Fed-led Banker Cartel*. 


We thus offer you a brief review of key Real Numbers and the Cartel’s Interventional Regime and then proved some guidelines for protecting one’s wealth and even profiting in the turbulent months to come.


Regarding revisions of the gimmicked Official Government and Agency statistics, an excellent source of Real Numbers is the website  Shadowstats calculates key statistics as they were calculated before the politicians started to modify traditional methods in the 1980s and 1990s.  Consider:


Inflation:  Official U.S. Consumer Price Inflation (CPI) numbers have been “politically adjusted” since perhaps as early as the 1980s.  By 2001, the Official Statistics reported Real Consumer Price Inflation was averaging just under 4% annualized.  In fact, Real CPI was then running at nearly 10%, according to


In 2008 (and, again, contrary to Official Statistics) CPI has ranged as high as nearly 14% annualized (an as reported on a monthly basis) and (notwithstanding the deflationary forces in the Fall, 2008) was still above 7% annualized as of the end of February, 2009.


Money Supply (M3):  The private-for-profit Fed stopped reporting M3 in March, 2006 and immediately thereafter Real M3 rose to a 17% annualized rate (i.e. a staggering amount of Fiat monetary production - - reflecting a doubling time of about 4 years!).  As of the end of February, 2009 M3 is still running at about 10% annualized.  That rate of monetary inflation (notwithstanding the current deflationary forces) is surely enough to propel us further into hyperinflation and to fatally weaken the U.S. Dollar in the long run.  Of course, Monetary Inflation is a key Driver of Price Inflation.  This massive Monetary Inflation has been more than enough to offset the deflationary effect of the trillions of dollars of wealth destruction which occurred as the Equities and other Assets Markets were taken down by nearly 50% in 2008 and early 2009.


U.S. Unemployment:  According to Official Figures, Unemployment ranged between about 4 and 6% from 1995 to 2007.  Only in 2008 did it spike up to nearly 7% according to Official BLS statistics.


In fact, Real U.S. Unemployment has exceeded 12% every year since 2002, and in early 2009 has spiked up to over 19% and is still increasing, according to  Nearly one in five Americans is unemployed!


GDP Annual Growth:  If one’s intuitive sense is that the economy has for some time been in deep trouble and is slowing further, one’s intuitive sense is correct.  The Real Numbers indicate that the U.S. economy has not exhibited real economic growth since about 2000.  Indeed, since the beginning of 2001, GDP has been either a negative number or flat.  Significantly, Real GDP has been negative since 2004.  Indeed, early 2009 GDP was a negative 4% annualized.


In sum, the Real M3 and GDP numbers show we are in a deteriorating Stagflationary Environment.


Federal Deficit:  The Federal Deficit for 2008 as recently reported by the U.S.  Treasury (basis GAAP) was just over $1 trillion versus $275 billion in 2007.  But, the Treasury figure does not account for annual change in the net present value of unfunded Social Security and Medicate liabilities.  Counting these changes (as every corporation would have to do) results in an annual Federal Deficit of about $5.1 trillion for 2008 versus $1.2 trillion in 2007 (


Worse, if one includes all the downstream, but as yet unfunded, U.S. obligations as of December 15, 2008, the U.S. National Debt is $66 trillion, and rising fast. 


Clearly, this $66 trillion of unfunded liabilities can never be paid, unless the U.S. Dollar is very substantially further debased.  This inevitable debasement will entail a continuing further very considerable long-term reduction in purchasing power for the U.S. Dollar and likely considerable Civil Disorder.  Think Weimar Republic.


Deepcaster and the several sources cited above have amassed the considerable evidence that a Fed-led Cartel of Central Bankers regularly intervenes covertly in Major Markets including Equities, Crude Oil and Precious Metals.


Assuming this claim is true, arguably the most important numbers of which one must be aware for protection and profit are The Interventionals.  These Interventional Numbers represent the covert Interventional Capacity (and, indeed, when tracked regularly reflect Intervention in action) of the Fed-led Cartel* of Central Bankers to intervene in the markets.  Typical covert Interventions include capping the price of Gold and Silver and manipulating the Equities and Oil prices and other key price levels.


As we and others demonstrate in the articles referenced above, The Cartel conducts complementary Overt and Covert Interventions.  It is the Covert ones which are mainly responsible for several examples of Market Manipulation as we describe in our July, 2008 and December, 2008 Letters available at


Make no mistake Overt Interventions are important as well.  The Fed’s March 18, 2009 FOMC announcement that it would purchase an additional $750 billion of agency mortgage-backed securities and $300 billion of longer-term Treasury securities was in fact a public statement of a policy they had already been pursuing for many months covertly.


There are a number of vehicles through which Covert Cartel Market Intervention appears to occur, but three of the most important are:


1)     Record high and increasing numbers of Over the Counter (OTC) Dark (i.e. generally hidden) Derivatives as reported by the BIS (the Bank for International Settlements) – the Central Bankers Bank in Switzerland.  Indeed, $683 trillion of Dark OTC (i.e. NOT Exchange Traded) Derivatives existed as of June 2008. And that number is increasing dramatically (see, path statistics/derivatives/Table 19 and Deepcaster’s December 2008 Letter).

2)     The Repurchase Agreement (Repo) Pool has also been dramatically increased in recent years to a level of around $400 billion.  Daily changes in Repo Pool levels have often served as a leading Indicator of Equities Market Levels.

3)     The TSLF Pool and other bailout monies and authorizations.  It now also appears that The Fed-led Cartel has recently begun using the TSLF Pool as a Covert Market Manipulation Device, although the indicators are still preliminary.  Certainly, with the increased power (without accountability or disclosure requirements!) they have unwisely been given by Congress, the TSLF Pool provides substantial Interventional Capacity.


Consider the following example of Cartel Intervention in 2008.  As the economic and financial crises worsened from the March, 2008 Bear Stearns debacle through the present, the Traditional Safe Haven Assets Gold and Silver should have skyrocketed.  But instead of skyrocketing Gold and Silver Bullion were taken down significantly that March, and intermittently thereafter.  Indeed, even with the worsening and System-threatening economic and financial crises, the paper Gold price is still below where it was in early March, 2008 pre-Bear Stearns!   No phenomenon other than Cartel Market Intervention could explain these otherwise incredibly anomalous developments.  Indeed, as the Financial Crises intensified from later September through early November, the Cartel effected additional major takedowns of Precious Metals prices.


The Cartel’s motivation for such Takedowns is not hard to understand.  The Cartel does not want to allow Gold and Silver to acquire increasing (and justifiable) legitimacy as primary Stores and Measures of Value vis-à-vis their paper Treasury Securities and Fiat Currencies.


It is thus critically important to monitor the Interventionals as well as the aforementioned Real Statistics regularly.  Deepcaster thus does carefully track the Interventionals and the Genuine Statistics.


Indeed, tracking the aforementioned Real Statistics and Interventional Indicators prompted Deepcaster’s pre-Fall, 2008 - Crash article entitled “Opportunities in the Impending Perfect Storm” dated 9/5/08 in which we wrote:  “we sit at the beginning of an impending Perfect Storm in the U.S. economy and markets - - a Perfect Storm that will reverberate around the world.”


Thus, that tracking was a primary cause of Deepcaster’s having recommended, pre-crash, five short (i.e. those which profit when the market declines) positions of various kinds, as of early September, 2008.  By mid-December, Deepcaster had recommended liquidating all of those Equities positions for a profit.  Tracking Cartel Interventionals and monitoring Real Statistics, in addition to considering the Fundamentals and Technicals, facilitated that profitable result.


As well, tracking all these has facilitated Deepcaster’s recent Forecasts (available in recent Letters and Alerts at that recent multi-trillion infusions of fiat money will cause key Market Sectors to dramatically Rally.


In sum, tracking the Authentic Statistics and the Interventionals as well as the Fundamentals and Technicals is essential to making prudent and profitable investment and trading decisions.


Neither that Perfect Storm nor Cartel Market Intervention has ceased, unfortunately.  Indeed, they have intensified.  Cf. July, 2008 Letter “MARKET INTERVENTION, DATA MANIPULATION STILL ACCELERATING Increasing Risks, The Cartel ‘End Game’ & Forecasts…” at the “Letters by Deepcaster” Cache at  Investors will be better equipped to cope if they closely track Real Statistics and the Interventionals, as well as the Fundamentals and Technicals as a part of an overall Investment Strategy.


Therefore, we offer the following as key highlights of our Strategy for Protection and Profit in these chaotic markets.  A more detailed discussion of this Strategy is provided in Deepcaster’s “Defeating the Cartel…with Profit” of March 28, 2008 in the Articles Cache at


1)     Track the Interventionals and the Real Numbers, as well as the housing, credit, and other Bubbles and the implications of their bursting.  This allows one to…

2)     Pick which Sectors are inflating and those which are deflating, which allows one to…

3)     Ride the inflating ones up and use short positions of various kinds to ride the deflating Sectors down and…

4)     Recognize that one must look at Interventionals and Real Numbers regularly as well as Fundamentals and Technicals in order to adequately forecast Market Moves and…

5)     Recognize that Gold and Silver are authentic Safe Havens against both inflation and deflation but that their price at any given time is subject to massive distortion by the Fed-led Cartel of Central Bankers through its Interventions and, therefore…

6)     It is important to implement a Strategy (as, for example, laid out in Deepcaster’s “Defeating the Cartel…With Profit” Article in the “Alerts Cache” at  This Strategy allows one to build one’s Core Position in Gold and Silver near the bottom of Fed-led Takedowns, but also to profit as Gold and Silver rise, and when they are Taken Down as well.


Deepcaster, LLC

March 22, 2009





Wealth Preservation         Wealth Enhancement

Financial and Geopolitical Intelligence


Gravitas, Pietas, Virtus

-- Posted Friday, 20 March 2009 | Digg This Article | Source:


Increase Text SizeDecrease Text SizeE-mail Link of Current PagePrinter Friendly PageReturn to >> Story

E-mail Page  | Print  | Disclaimer 

© 1995 - 2019 Supports

©, Gold Seek LLC

The content on this site is protected by U.S. and international copyright laws and is the property of and/or the providers of the content under license. By "content" we mean any information, mode of expression, or other materials and services found on This includes editorials, news, our writings, graphics, and any and all other features found on the site. Please contact us for any further information.

Live GoldSeek Visitor Map | Disclaimer


The views contained here may not represent the views of, Gold Seek LLC, its affiliates or advertisers., Gold Seek LLC makes no representation, warranty or guarantee as to the accuracy or completeness of the information (including news, editorials, prices, statistics, analyses and the like) provided through its service. Any copying, reproduction and/or redistribution of any of the documents, data, content or materials contained on or within this website, without the express written consent of, Gold Seek LLC, is strictly prohibited. In no event shall, Gold Seek LLC or its affiliates be liable to any person for any decision made or action taken in reliance upon the information provided herein.