yourdeadmeat69

Equity Markets, Forex and Precious Metals

I agree with the writer, SLW is a brokerage firm, not a mine, but it plays like one. The Fed is using banks, per Butler, to short commodities as it prints more fiat to bail out what looks to be the Depression of 2009 caused by real estate, the dust bowl of the early 21st Century, the trigger point for world Depression. Lies about inflation first and second quarter make the economy appear to be expanding, it's contracting. There are 8400 foreclosures in Los Angeles alone, and housing has at minimum, another 17% to fall.

If the Fed didn't cheat and keep a short lid on silver and gold, gold would already be $2000, silver $25. By manipulating the POS and POG via shorting miners, the govt keeps the illusion fiat is worth something.

How long that will be possible to do? Hey. They are successful burdoning the future with unending debt, why shouldnt they be able to print fiat to support fiat indefinately, regardless. When Bunker Hunt cornered the silver market 1980, they went to jail.

When the Fed does it using banks as a front 2008, they get away with it.

For a while.

Gold Should Continue to Outperform; Dollar Should Fall

The US Fed must print or make available 1-3 TRILLION dollars to cover Fannie and Freddie, because not only are subprime ripe not to pay, the valuation of ALL homes bought 2004-7 are overvalued 35%, of which 20% valuation remains to fall. 20% may be offset by 5% annual real estate inflation expectations, so in three years it may be mitigated by normal return to the curve, but meantime, EVERYONE purchasing a home '04-'07 is upside down, the valuation of their paper "off balance sheet". This balloon rests on a pin, and stays of execution, the on balance sheet requirements imposed for August, were extended to avoid more pressure on that "pin".

It's only a matter of time, until some pundit folks listen to yell "who's behind the curtain" and the wizard of Oz will reveal himself as Bernanke and his Congressional elves.

Whoever holds specie or miners at the time it bursts, will hold assets mining $2000 gold, $35 silver.