Well, the meltdown continues.  Men of "Chaos," better quickly get those two dark liquidity bourses, Project Turquoise and Baikal, up and running while you can still get out of the markets behind everyone's backs -while we still have markets, that is.  The Dow on Friday dropped below 11,000 before closing at 11,100.54, the lowest close since August 14, 2006, some 23 months ago.  On August 14, 2006, spot gold closed at 626.60, while this Friday spot gold closed at 958.85.  Dow: Zippo - Gold: +53% - GET THE PICTURE?!

          When the yen was at 96.88 yen per dollar and 152.731 yen per euro on March 17, 2008, Saint Patrick's Day, the Dow closed at 11,972.25.  Now with the yen at 106.14 and 168.741, the Dow has been pile-driven down to 11,100.54, despite a vastly weaker yen and support from the PPT.  What does this tell you?  We'll tell you what this tells you - GET OUT OF THE FREAKING STOCK MARKETS - NOW!!!  The carry trade is no longer relevant to market support.  Worse yet, as the dollar continues its descent, the yen will become ever stronger against the dollar, thus destroying both the carry trade and the stock markets.

          The Night of the Living Dead, meaning dead, bankrupt and insolvent banks, will soon be upon us.  Their deadly losses are going to rise up and destroy us.  It's time to flee in terror!  According to Fortis, a banking, insurance, and investment company, based in Belgium, the zombies could be 6,000 strong.  Try not to scream!   

          Well, since the recent oil takedown barely made gold and silver hiccup, probably due to profits from oil shorts and stock index puts carried by large specs as protection against the cartel's PPT manipulations, the cartel went back to destroying the stock markets, immediately cashing in on recent point gains from the oil takedown.      They do this to chase money out of stocks into bonds and money markets, which supports the dollar and bond principal while reducing bond yields and hopefully interest rates.  Remember, treasuries are a large part of the bond market.  Despite Friday's crash and end-of-day PPT miracle, gold and silver went ballistic anyway, and the dollar plummeted.  The cartel is fighting a losing battle as gold is preferred as a safe-haven when stock markets fall, and as a hedge when increased liquidity from the PPT and support from carry traders takes markets higher, if that is even possible now.

          We love to listen to the rumors they make up to justify manipulations like the recent oil liquidations.  First, we hear about the potential Iranian cooperation with Washington that was jawboned to take oil down and to suppress precious metals.

           After the suppression of gold and silver mainly failed, off went the missiles and the renewed jaw-boning about the never ending story of an Israeli attack on Iran to push oil back up to save the Wall Street bankster fraudsters, who are exploiting the oil markets using Grimy Gramm's despicable Enron loophole.  They managed to set a new high for oil in the process, sending oil to $147.27 before it closed at $145.08.  And never mind the stock markets, which can drop into the depths of hell for all the cartel cares.  The cartel is intent on only two things, namely, the suppression of precious metals and the maintenance of the bond market's viability.  Unfortunately for the cartel, the launch of the ballistic missiles made gold go ballistic also, which had to tick them off to no end.  On Friday, gold blew past $950 like it wasn't even there and went as high as $967.85, resulting in big gains for the week just as we predicted.  Silver went up big also.

          By saving the bond market, the cartel is attempting to give the fraudster banks a temporary reprieve from the complete and utter destruction, which many of them will likely suffer.  They want to keep the system going long enough so they can bail and leave everyone else holding the bag just like they did in 1929.  Just before the Fed pulls the plug, the word will go out to the Illuminist insiders who will bail out through the dark pools of liquidity while pouring the proceeds into commodities and other hard assets, especially precious metals, of which the chiefs of the Illuminati own tens of thousands of metric tons.  Their bullion hoards are kept in Swiss vaults and off-shore locations where they can't be confiscated by angry mobs seeking revenge for the destruction of markets worldwide, or by governments looking for some easy gold to cover their losses.  If there is a confiscation, the ETF's will be first in line, while individual investors in possession of their metals will most likely be left alone, as they would not be worth the bother.  You should invest in gold and silver accordingly.          Don't worry, be happy.  It's all just a bad dream like Grimy Gramm suggested.  Fannie and Freddie, and the 5 trillion worth of heavily toxic-waste-type real estate loans they insure, are too big to fail, we are told.  They will simply be bailed out with more equity injections and life will go on as usual in the real estate markets, which would be totally frozen in a cryogenic state without them.  If you believe this latest fantasy from the cartel's dream weavers, can we simply suggest that you are incredibly naive?  These two bankrupt quasi-governmental agencies will be bailed all right, but at your expense.  No one in their right mind would give either of these losers any more capital to vaporize and blow out of their anal sphincters.  Whether they go into some type of resolution trust company, get bailed out by the Fed ala the Bear Stearns bailout or something like the Term Securities Lending Facility, or are absorbed directly by the government based on the inferred guaranty of bad loans becoming an actual guarantee, you the taxpayer will be screwed.  Someone has to pay for all the losses, and we can assure you that unless you do something about it, that someone will not be the fraudsters who caused the losses in the first place.  Any of these bailouts will result in much higher taxes, even more hyperinflation, or, most likely, both.  Treasury bonds will be created and monetized out of thin air, and will take us on a historical journey to Revolutionary France, Weimar Germany and Zimbabwe.  The higher taxes and monetization of bonds created out of thin air will destroy the economy and the real estate markets will lock up anyway, as real estate losses continue to mount from job losses, from frozen markets caused by double digit interest rates based on higher risk and wildly higher inflation, as well as from the drastic reduction of purchasing power as the whole system collapses.  Gold and silver are the only safe-havens from the total certainty of this coming destruction.  THIS DESTRUCTION IS A LOCK!!!

          After the end of this year, you will never see three figure gold again in your lifetime, and five figure gold is a distinct possibility.

          You are not powerless to prevent the losses you are experiencing.  By staying in the general stock market, or in dollar-denominated bonds, or in any kind of fiat currency-denominated bonds for that matter, you are not in it for the long term as Charles Schwab would have you believe.  Instead, by doing nothing to diversify into gold, silver and their related shares, you will be in it for the long pole, a pole which the Illuminati will grease and apply vigorously to a delicate part of your rear end's anatomy.  So you had better either diversify into gold and silver, or bend over and get ready for the long pole.  When the stock markets go down this time, it will take decades for them to recover, even to their nominal levels.  When it comes to preeminent disasters, this is the real McCoy.  This is not a drill.  Instead, those who do not prepare are going to get drilled.

          One month gold lease rates and one, two and three month silver lease rates are now all negative, which means they will pay you to lease both their gold and silver short term.  So much for earning a return on non-income producing assets, which is the usual excuse given for leasing.  The leasing of precious metals is really all about gold and silver suppression, and little else.  The longer term rates are ludicrously low as well.  But of course we have free markets.  Yep, just keep pumping money into the ETF's so the bullion banks can lease your gold and silver from the ETF's against you whenever the PPT demands it, AND GET PAID FOR DOING IT!!!  

...

THE INTERNATIONAL FORECASTER

SATURDAY July 12, 2008  -   071208(4)_IF

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-- Posted Monday, 14 July 2008 | Digg This Article