-- Posted Monday, 30 August 2010 | | Source: GoldSeek.com
In my favorite “enemy of the state” movie a point is well made that credibility is the ultimate currency.
The truth about credibility is self-evident. However, credibility can be fraudulently built by the Rockefeller-Rothschild bankster owned media, and clever Madison Avenue PR.
For example, I have heard national reporters say “Larry Summers” and brilliant economist in the same sentence, more times than I have fingers and toes. The idea anybody who helped Robert Rubin repeal Glass-Steagal should ever be in the same sentence with the word genius is absurd, assuming your economic IQ is above room temperature.
We all know somebody who it’s just not clear if they are a truthful genius, a good liar, or a terrible fool.
It troubles me greatly that each time Americas Bankster in chief Ben Bernanke opens his pie hole the presumption SOLD is that he is telling what he thinks is the truth.
If credibility is the ultimate currency, then why would anybody put criminal fiat counterfeiter Ben Bernanke in the genius category when the evidence for a fool or liar tag is so overwhelming?
Do you remember the day bankster Ben said the sub prime crisis was “well contained”? How about the times he lied under oath to congress about the fed doing ZERO QE one the very same days brilliant ticker guy Karl Denninger has well documented Fed criminals were buying Treasury toilet paper with QE.
How many people’s fingers and toes would it take to count every prediction or statement bankster Ben has made that time and evidence showed was 100% untrue.
Even my dumbest relative guesses right 50% of the time. Thus, one can only assume that when bankster Ben seems almost NEVER to get it right he must fall into the liar category.
However, lie conversion can be a very important tool for the toolbox of savvy investors.
If you ASSUME bankster Ben is always lying, the truth is near opposite of his lie.
For example, when Bernanke says the Fed will never print us into hyperinflation, it likely means that’s EXACTLY what they will do at some point.
When Bernanke says Gold and silver are not important to monetary policy and the fed does not suppress metals prices as GATA has proven, the opposite is surely true.
If you believed and invested based on what bankster Ben Bernanke and his predecessor bankster Al “irrational exuberance” Greenspan said since 2000 your wealth has likely been butchered.
However, if you assumed banksters are liars or fools and invested in the opposite of their direction, especially in precious metals, you have likely done very well.
Just like a solar panel system converts sunshine into money value, you can convert the lies that banksters (and their puppet politicians) tell into profits.
The easy lie conversion device is just to assume THEY ARE ALWAYS LYING, and keep the largest amount of your wealth you can stand in inflation friendly holdings.
Otherwise you are a blind man with a cane assuming bankster Ben is a truth teller.
Just don’t over think how to profit from bankster lies.
Instead, assume my Mogambo pal Richard Daughty has it right and investing is actually easy when you get the big picture stuff right.
Michael “Woody” O’brien ChFC
mwoodyo@hushmail.com
-- Posted Monday, 30 August 2010 | Digg This Article
| Source: GoldSeek.com