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Michael Noonan Edge Trader Plus Michael Noonan is the driving force behind Edge Trader Plus. He has been in the futures business for 30 years, functioning primarily in an individual capacity. He was the research analyst for the largest investment banker in the South, at one time, and he... More
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  • Gold And Silver - Western World Is Upside Down

    Saturday 21 June 2014

    In a break from a thematic undertone to link to gold and silver, here are some ramblings that are more underpinnings to the core problems that have left people unfocused and dealing with
    symptoms, no matter how they may seemingly appear to be core

    What makes sense any more? In the United States, all one hears in
    the news is lies, deceit, and propaganda. In the EU, Mario Draghi
    "dictates" what is [un]real, backed by a host of unelected, non-
    representative NWO bureaucrats. In the UK, do not know if anyone is
    really in charge. Regardless, there is no truth being told, in fact, the
    truth is actively being hidden and/or suppressed. Governments are
    circling the wagons against people. Banks are being protected, at all
    costs, literally.

    We live in an Alice In Wonderland, circa Orwell's 1984 world.
    Everything is upside down, and that includes the price for gold and
    silver. In the United States, if you do not like what you hear from
    the inept central planners, or if you choose to criticise what you hear,
    you run risk of being branded a "terrorist," certainly one who is a
    threat to the existing regime.

    The leader of the corporate federal government. Barack "Yes We
    Can!" Obama, apparently referring to the NWO, is like a Forrest
    Gump box of chocolates. When he opens his mouth you can never be sure of what he will say. From CNN, Friday 13 June: "OBAMA SAYS
    NO COMBAT TROOPS TO IRAQ." From AP, Monday 16 June: "OBAMA
    going to be about 300 or so military "advisors." That was a term LBJ
    used when he was sending "troops" to Viet Nam, back in the 1960s.

    Western governments are openly pushing the elite's agenda onto a
    mostly unsuspecting population, too dumbed down and too compliant to think for themselves. Most people ignorantly believe the NWO
    myth of "spreading democracy" [and for the part of the US, it is at
    the point of a gun barrel, tank, drone, or, just as worse, a central
    bank taking over control of a nation's currency.] A democracy is the
    worst form of government, but most people simply believe in a
    notion of what democracy means instead of knowing what it is.

    We first heard then ex-president George Herbert Walker Bush,
    formerly in charge of the CIA, announce that he wanted to see
    installed, "A NEW WORLD ORDER!" Emphasis added because he
    shouted out that part of his speech in 1990. It was somewhat
    shocking to hear a then-previous president openly endorsing the
    most insidious of secretive rulers whose interests were totally
    against a free United States population.

    Interestingly, Putin's past as head of the KGB is often mentioned
    to cast aspersions on him as President of Russia, but nothing is
    mentioned about Bush being ex-CIA, the US counterpart to the KGB.

    For clarity, the corporate federal government serves against the
    interests of the people who live within the United States. It is a
    huge mistake for anyone to think the federal government is "their
    government," for it is not. This is a concept most will find hard to
    accept, but the clues are everywhere when one finally chooses to
    look for them and then think for themselves.

    Biden, another NWO lap dog, openly announced Biden Challenges Air
    Force Academy Grads to Shape a "New World Order"
    on 30 May
    2014. How brazen sycophant-politicians have become in the service
    of foreign interests ahead of their own supposed national interests.
    Most Americans simply do not get it. It is not an isolated event,
    either. Vice President Biden: "The affirmative task we have now, is
    uh, is to actually um, create uh, uh, a New World Order…"
    back in
    late April.

    The Council on Foreign Relations is the NWO's primary leader group
    in this country, a fact of which even fewer Americans are aware, or
    even care. The crass Kardashians are much more well-known, along
    with American Idol, The Voice, Dancing With The Stars, along with an unending host of similar programs that garner more attention than
    how one's own government functions in direct opposition to its

    Ignorance and an inattentive population is what allows the NWO to
    breed and take total control...Master Parasites, and still winning.
    How? By drowning the Western World in fiat debt.

    Debt has been growing exponentially, while the ability to repay it has been in an unabated decline. Debts can be refinanced ad infinitum,
    and interest rates close to zero. The secret of the elite's is that there
    is never enough money to pay off both principal and interest
    because only the debt was loaned into existence. From where does
    the interest come?

    Imagine a world of three people: One has a printing press and
    creates $1,000. The other two need to borrow $500 each. The money man lends the money to each for one year and charges 10% interest. At the end of one year, the money man is owed $1,100. With only
    $1,000 in existence, from where will the interest come? Just like the
    Fed prints all the fiat debt, it never prints the interest to pay it. This
    is why debt can never be repaid. Not only do the elites know this, it
    has been part of their plan from over 200 years ago.

    Another not so minor fact of their not being enough "money" to repay the existing debt is, there is no money. All that exists in circulation is fiat paper debt. As we have said before, debt is not and can never
    be money. The only lawful money in the United States is gold
    and silver.
    This remains true to this day, but since the questionable
    passage of the Federal Reserve Act of 1913, the Federal Reserve has
    destroyed all US issued Notes that were specie-backed, and gold and
    silver coin no longer circulate.

    How did the Federal Reserve Act of 1913 pass, and how did the elites take over control of this nation's money issuance?

    "The two enemies of the people are criminals and government, so
    let us tie the second
    down with the chains of the Constitution so the
    second will not become the legalized
    version of the first." Thomas Jefferson

    As a nation, the people lost their government to the money
    changers, and it is now only criminals that are in control, and so
    successfully that almost all the people still do not know.

    With the NWO/elites, nothing is as it seems, especially what almost
    all think is money

    ""History records that the money changers have used every form of
    abuse, intrigue, deceit, and violent means possible to maintain their
    control over governments by controlling money and it's issuance."

    James Madison

    To avoid the debt trap, owning physical gold and silver is the best
    way to preserve and even grow purchasing power. Keep on buying
    when and as much as possible, even cashing in retirement funds.
    Better to pay any tax/penalty for getting out early, for if there is
    one thing certain in the not too distant future, the corporate federal
    government will confiscate all retirement plans, exchanging them for government bonds that can no longer be sold to foreigners who
    refuse to buy them.

    It is a choice, at least until the government says otherwise, which it

    For the present, gold has stopped declining. Whether this will lead to
    a change in trend remains to be seen. It takes time and a lot more
    volume effort to change a trend. Last week's close puts gold about in
    the middle of its TR, [Trading Range]. In the middle of any TR is
    where the level of knowledge it at its lowest, for price can go in
    either direction and still not change the trend within the established

    While the numbers for potential events that can keep gold in a
    sustained rally remain high, none appear to be in play, at the
    moment, even with the threat of war in Ukraine, and the US is
    pushing Putin hard to provoke him into war, so far to no avail.

    GC W 21 Jun 14

    What is most reliable in defining the character of any trend is the
    retest after a move of any degree. If 1330 is retested next week,
    it will be a continuation of recent relative strength. What will be important is HOW the next retest develops, be it from 1330 or last
    week's rally high.

    If the trend is to turn upward, the next correction should show
    smaller ranges down, and volume should decrease, indicating less
    selling pressure. A correction should also be less in duration, lasting
    3-4 TDs lower, for a relatively stronger trend, to 5 -8 TDs, which
    would be more typical in a weaker environment, which is where gold is now. [TD = Trading Days]

    By reading how the market develops, it eliminates having to guess in advance...guessing can be expensive. Combined with some rules for
    initiating a position can reduce risk, as well.

    GC D 21 Jun 14

    Silver has been more depressed than gold, but it could turn into a
    more important metal to watch if price approaches its resistance orsupport levels ahead of gold. The down trend is far from turning, so
    a look at the daily can be more instructive for change.

    SI W 21 Jun 14

    Silver would have to rally over 22.90 to about equal the last failed
    rally which began at the end of January. In fact, that last failed rally
    is sufficient reason to not get overly enthused about the current rally. There needs to be some kind of confirming indicator that a trend
    change has occurred, and none is apparent, yet.

    When the next correction is marked by smaller ranges, without the
    larger numbers of down days since the February high, and not last
    as long in duration, these will be more reliable signs of change.

    SI D 21 Jun 14

    Jun 21 3:31 AM | Link | Comment!
  • Gold And Silver - Let "Dollar" Collapse Or Choose War. Elites Will Opt For War.

    Saturday 7 June 2014

    The world has never been in a position like this before, where all
    global currencies are fiat and dependent upon central banker
    power. The push for a New World Order is inexorable, and make no mistake, the monied elites are fully in control, or almost so. We
    maintain this is why so many in the Precious Metals community
    have miscalculated the timing for when gold and silver would take
    off to the upside, collapsing the Fed's fiat "dollar," or as a result

    Ukraine is truly the test where East meets West. It is the US-led
    coup that is a staging ground for an assault on Russia. Obama is
    leading the charge, once again, choosing the drums of war to get
    across the message that to challenge the supremacy of the "dollar"
    as the world's reserve currency, [as the ATM machine used by the
    elites to pillage the world's assets and remain in control], can have
    a serious outcome.

    From a rational perspective, it is more than difficult to make sense
    out of the Kabuki theater conducted by the elites, but the
    consequences for challenging their power structure could very well
    become a theater of war.

    On the surface, it appears that the East is almost in control of most
    of the world's supply of gold, while the West remains in control of
    gold's pricing mechanism, doing whatever it takes to preserve the
    fiat "dollar" as the world's reserve currency for international trade
    contracts. In addition to gaining control of physical gold, even
    setting up the Shanghai Gold Exchange, [SGE], as a more viable
    alternative to the literally "fixed' pricing of paper gold by COMEX and LBMA, the East is providing an alternative trade outside of the
    "dollar," and this has created a situation akin to the West as a
    dangerous cornered rat.

    We put " " around the word "dollar" because in law, fiat Federal
    Reserve Notes, [FRNs] are NOT actual dollars but commercial debt
    instruments. Debt cannot be money. It is the opposite of money,
    so FRNs are a total deceit on the world.

    The formation of the BRICS countries, seeking a better alternative
    for trade between nations, has been a natural outgrowth to by-pass the Western-controlled petrodollar. It has been the pluperfect
    implementation of the Rothschild formula for issuing a fiat currency and extracting the wealth of nations in return. The East, [BRICS
    nations and a growing list of others aligning with Brazil, Russia,
    India, China, and South Africa] has had its fill.

    Russia has been coming back as an economic powerhouse ever
    since the central bankers, led by the US, crippled their currency
    that led to the dissolve of the USSR. China has become the 1,000
    pound gorilla on the world's economic stage. China was double-
    crossed by the US during the Clinton administration when the
    Chinese found out that all their gold that had been entrusted to the
    Federal Reserve had been sold out behind their backs. The central
    banking elites never anticipated its total control of the world's
    financial system would one day be challenged, as it is now, by both
    China and Russia.

    There is not much the US can do against China due to the high
    amount of Treasury bonds China owns. China could easily dump
    them on the world market and financially ruin the US, along with
    the rest of the Western world. The reason why China has not done
    so is because there is no alternative system that can readily
    replace the corrupt central bank control via Basil, World Bank, and
    the IMF. The BRICS nations are closer to setting up their own
    alternative banking system, but more time is required.

    We cannot speak for how UK and the EU are viewing the US-led
    coup of Ukraine, but in America, War Lord Obama has been selling
    the situation as Russia trying to take over Ukraine, Soviet style, as
    it did Hungary and a few other nations. The US media refuses to
    report the truth that the coup in Ukraine was financed and led by Obama-as-puppet-for-the-elites in an endeavor to weaken, and
    ultimately destroy Russia.

    The US has troops and/or military bases in over 185 nations. The US has been engaged in, or covertly initiated just about every war
    on the planet for 218 of its 238 years of existence. The US has been steadily encircling Russia, via NATO, for decades, with missiles
    pointed at that country. It may come as a surprise for Americans
    to learn that the US also have soldiers in former parts of the USSR: Moldova, Kyrgyzstan, Tajikistan, Turkmenistan, and Uzbekistan,
    and now, Ukraine.

    Russia has none of its troops or missiles in any other country, by
    contrast. Rest assured that Obama intends to get missiles into
    Ukraine, if at all possible. Obama lies to American citizens, and the
    world, about Ukraine every time he moves his lips, blaming Russia
    for the US-led coup.

    The US spending on defense is greater than all other nations'
    spending combined. Russia spends around 5% on its defense
    budget compared to the US, yet Obama has been selling how much a threat Russia is to the United States, and its citizens are buying
    into the Obama propaganda, abetted by the controlled mainstream media. Almost 70% of US citizens think Russia is a serious threat to this country.

    Unlike NATO bases surrounding Russia, a promise the US made not
    to let happen, but has obviously broken it, Russia has no missiles in Canada, Mexico, Central America, or elsewhere. Lest anyone
    forget how crazy the US became when it discovered there were
    Russian missiles in Cuba, precipitating the Cuban Missile Crises in
    1962, and Cuba remains ostracized to this day.

    This is what Obama said in a recent speech given at West Point:
    "Here's my bottom line: America must always lead on the world
    stage. If we don't, no one else will." Also adding: "Russia's
    aggression toward former Soviet states unnerves capitals in
    Europe, while China's economic rise and military reach worries
    its neighbors. From Brazil to India, rising middle classes compete
    with us."

    Say what?! Who left the US in control of the world stage? Nobody.
    Where is Russia's aggression? Ukraine has been linked in some way
    with Russia since the late 18th century. What business has the
    Obama-led US being over there for any reason? Aggression? How
    about this: On May 1st, Christine Lagarde, head of the IMF, [It is
    the US that controls the IMF] told Ukraine that if they didn't crush
    the coup's opponents and force them into being controlled by the
    new Kiev central government, then the IMF would not make any
    further loans to Ukraine. It was the next day in Odessa that 272
    coup-regime opponents were incenerated in the Trade Unions

    The US controlled, IMF-inspired threat to cut off funding led to the
    above massacre which sends the following message to anti-US
    interests there: "Support us or die." This is very much a part of the
    Rothschild formula for installing its New World Order. "Do as we
    say, or you will be crushed," in essence.

    Why report all of this, and why should it be of any interest to you
    with your own interest in gold and silver prices? These are factors
    that keep the price of both metals suppressed as the US-led central bankers are doing anything and everything to prop up the
    "dollar."Gold and silver are the antithesis of every fiat currency.
    Destroy the currency and you destroy the US, UK, and EU
    economies. Expect the elites to fight to the death, if needed, and
    quite possibly come out ahead in some unexpected way.

    These are not the only events that relate to the why and the when
    for pricing both metals, for the when prices may go higher could
    well pivot around Germany. At a minimum, this country bears
    watching. We are not familiar with the political structure of
    Germany, as we are with how the elites wormed their way into the
    constitutional Republic of the United States, which no longer exists,
    thanks to the Rothschild-unleashed, financially destructive central
    banking empire.

    We know that when Hitler and Nazis were defeated, Germany was
    restructured by the elites to become a part of the central banking
    system. In the US, corporations are an integral part of the fascist
    style of government, and totally under control of the elites.
    Whether that holds true for Germany is unknown, for us. It is clear
    that the businesses [around 3,000 of them], that are affected by
    the Obama-driven Russian sanctions are not happy to have their
    financial viability with the Russian jeopardized.

    Can the business sector win over the central banking stranglehold?
    Interestingly, there is a Yuan Swap Facility opening in Frankfurt as
    that city vies for an important piece of Chinese business, trying to
    co-opt London, if it can. Smart German business interests are likely to turn East, not for financial survival, but to thrive as an astute
    business country. As Germany goes, so, too, will the rest of
    Europe, and the US will become the financial piranha it strives to
    be. Pay close attention to this important nation.

    Another thought comes to mind, re Germany being under the
    thumb of the financial elites. It is also possible that the elites are
    allowing this potential sway from a staunch Western game player
    to an important Eastern business factor. The elites are astute
    planners, and this could be their way of planning ahead by getting
    Germany involved in the inevitable rise of East v the equally
    inevitable decline of the West, much like a sleeper nation while
    they continue retain control behind the scenes. This makes sense.

    Gold and silver are likely to remain locked in their protracted
    bottoming phase, now in its third year. When will they break free
    of the central banker's manipulative shackles? It seems more later
    than sooner, still. This outlook can change next week, next month,
    next year. All we can do is assess the present tense and deal with
    what is and not what anyone wants "is" to be.

    All opinions and conjecture aside, the most accurate gauge for
    determining what is likely to occur in any market comes from
    information provided by the market itself. What the current activity shows for weekly gold is the absolute absence of any sign[s] of a

    Price dropped on an increase in volume 2 weeks ago, declining
    from a small sideways move that could have gone either way. It
    went the way of the prevailing trend, an example of what to expect from market behavior when a trend exists.

    The exceptionally small TR of last week does not provide a strong
    clue, either way. Given that the trend is down, the small range
    says buyers were so weak to not extend the range higher. On the
    other hand, sellers have the advantage but did nothing to press the market lower. This is not a toss-up observation because in a down
    trend, sellers have already proven control. It is the buyers who
    must show a change. The small range probability read goes to the
    sellers for this reason. Buyers may show up next week, but next
    week has not yet happened, so we deal with what is known.

    GC W 7 Jun 14

    The small range noted on the weekly shows all daily activity was
    contained by the previous Friday's bar range. The chart comments
    explain the two possibilities, with sellers having the edge to send
    price lower. That can only change if buyers show up, next week.

    With world events developing as they are, mostly not making any
    sense, especially from an economic reporting perspective, there is
    no question that one should actively continue to buy physical gold
    and personally hold it. If you do not hold it, you likely will never
    own it. Paper ownership is only for the foolhardy.

    GC D 7 Jun 14

    The August '13 swing high was also a LH, not labeled as such on the chart. As with gold, there is a distinct absence of any ending action
    that could or would lead to any kind of lasting rally. This is why we
    mentioned last year that it would take longer than most are
    expecting to see a rally in the PMs. That was mentioned again in
    mid-April with our article that 2014 could be a yawner, here, if you
    missed it.

    It takes time to turn any trending market around, and neither
    silver nor gold have given any indication that a definitive bottom
    has been reached. All of the talk of shortages, likely exchange
    defaults on deliveries, [no deliveries are occurring, so a default has already occurred], unsatiated demand from China and elsewhere
    have done nothing to turn the PMs around.

    This is why we stress the importance of watching current
    developing market activity. One does not need to know or
    understand all the fundamentals, and one does not need to read or
    interpret any kind of mechanical trading tool, like RSI, Stochastics,
    Moving Averages, Elliott Wave, whatever, etc, etc. They are all
    past tense aggregated information applied on present tense price
    information, "hoping" to divine yet-to-happen future price
    behavior. Good luck with that.

    SI W 7 Jun14

    Same story for the daily chart of silver. Where are the buyers?
    Absent. Until they show up, in the form of increased price and
    volume that rallies above resistance, expect sellers to remain
    in control, manipulated or otherwise.

    As with gold, one has to be buying physical silver at these levels.
    This is the "last hurrah" for sellers of every kind. It may be weeks,
    months, or even longer before price levels go much higher than
    where they now are, but once they do, there will be no looking
    back, and buying the physical metal may not be so easy. Be smart
    and buy physical silver. Do not be in doubt.

    SI D 7 Jun 14

    Jun 07 3:46 AM | Link | Comment!
  • Gold And Silver - Debt Is Trouncing Precious Metals, For Now.

    Saturday 1 June 2014

    Animal Farm and 1984, meet 2014. The Western world no longer
    makes any sense, and common sense has been sidelined for
    decades. It is lies, deceit, and debt ruling supreme. The "American
    Way" [which once was a standard for emulation] is now a source of
    embarrassment, advanced by the bankrupt federal government
    doing the bidding of the moneychangers, those who adhere to and
    hide behind the Rothschild formula. What is that formula? It has
    been expressed here on several occasions:

    Give me control of a nation's money, and I care not who makes the laws." Mayer Amschel Rothschild.

    Whether Rothschild actually said it or not, this is the most profound statement, and its reality has seized the entire wealth of the
    Western world. Rothschild learned early on how incredibly
    profitable it was to lend to nations instead of individuals, and at
    times of war, profits soared even more. Wars were expensive.
    Troops had to be paid, munitions bought, and over a period of time, the expense of war drained a nation's treasury.

    Being recognized as the source for available funding, kings and
    rulers readily turned to the Rothschild family for money. The
    Rothschilds always demanded gold and silver in repayment, and
    when that ran out, control over the issuance of a nation's money
    was then demanded. Long story short, with its unparalleled, and
    unfathomable by most to the extent of its accumulation, the
    Rothschild banking clan became almost the only source of money
    to run a country.

    While this may seem repetitive and, to some degree accepted as
    true, the review is presented as context for what follows.

    What may not be as widely known is that the English Rothschild
    bank funded the North in America's Civil War, while the French
    Rothschild bank funded the South. It did not matter who would win, the Rothschild's were going to increase both their wealth and,
    more importantly for them, their influence in US politics. That had
    always been their primary objective.

    Lincoln did not want to pay the bankers up to 36% interest for
    loans to fund the war. He decided to issue Greenbacks by the US
    government, interest free so that the country was not burdened
    with any interest costs, a very big deal. Lincoln was assassinated, [draw your own conclusions], and after his death, Congress
    immediately repealed the Greenback law. It should be known that
    when Lincoln announced his use of interest-free money as a source
    of funding, bankers stormed to Washington D C t o complain

    Message: Never mess with bankers.

    Prior to the Civil War, the individual states that comprised the
    United States were the primary source of power. After the Civil
    War, the Federal government started to take control of power from the states and placed them under its umbrella. The bankers, under
    the control of the Rothschilds, were gaining the influence for which they had been scheming.

    A few decades later, the Federal Reserve Act of 1913 was [illegally]
    passed, and control of this nation's money supply was now in the
    banker's hands. It took 2 more decades to officially bankrupt the
    United States and cause the nation to cease printing any of its own
    U S Treasury Notes, which were backed by silver and gold, at the
    time. It was then that Roosevelt declared a "banking holiday." The
    banking system was shut down for a few days, and when banks
    reopened, there were then under control of the Federal Reserve and
    a few Wall Street banks. [JP Morgan, Goldman Sachs, Chase]

    For clarity: The Federal Reserve is a privately owned corporation. It
    is not federal, there are no reserves, and what it issues are not
    Notes. The third sentence of this article states, It is lies, deceit,
    and debt ruling
    Congress is mandated by Article 1
    section 8 clause 5 of the original Constitution "To coin Money,
    regulate the Value thereof, and of foreign Coin, and fix the Standard
    of Weights and Measures;"

    Nowhere in the original constitution does it allow for a private
    corporation to control and issue this nation's currency. Here you see
    the power of the bankers to come in and take control of the policies,
    laws, and banking functions. The government, as most people
    believe exists, in fact does not. The government is under total control
    of the central banking system, the Federal Reserve.

    The Federal Reserve does not issue money. To be clear, the Federal Reserve does not issue money! It issues debt. Each and every
    Federal Reserve Note, [FRN] is a debt instrument. The United States
    does not issue it own currency. When the US needs money, it is
    borrowed from the Federal Reserve, and interest is paid on each and
    every dollar and cent issued by that private banking cartel. When a
    nation no longer issues its own currency, it is no longer sovereign.
    Guess who has to pay the interest on the nation's debt?

    Read Article 14, first sentence of section 4 of the now Federal

    Section 4. The validity of the public debt of the United States,
    authorized by law, including debts incurred for payment of pensions
    and bounties for services in suppressing insurrection or rebellion,
    shall not be questioned.

    This will come as a surprise to most Americans, but it was the
    Rothschild faction, the money controllers, the elites, who had that
    section written into the federal constitution. No one is allowed to
    question the validity of the public debt, no matter how invalid it may
    be! Theft had become legalized with the passage of that Article 14 of
    the federal constitution.

    It is your debt, Americans, and to make matters worse, you have to
    pay interest on every single dollar and cent loaned into circulation.
    Forget about what happens to how FRNs are treated once in
    circulation, their very existence is debt. There is no money in
    circulation. This country, the world, has been deceived into believing
    that a FRN is a "dollar," just because the word appears on each debt

    It was no accident that Roosevelt passed his useless but effective
    Executive Order that mandated all "persons" turn in their gold in
    1933. In law, a "person" is a corporation. Unless one worked for the
    federal government as an officer or was a corporation, the deceit of
    the Executive Order was a pure ruse, as is the entire de facto
    bankrupt federal government.

    The reason for it was that the elites wanted to eliminate competition
    for its fiat FRN. We cannot say it is backed by nothing, for it is backed
    by the birth of every 14th Amendment "US citizen," a status which
    never existed prior to the elite mandated passage of the 14th,
    another ruse to enslave American citizens within their own country
    by a handful of elites who controlled the money which controls the
    government. If anyone should doubt that, where does the US
    government turn when it wants money? To the Fed banking cartel,
    and that same cartel issues debt that earns them interest.

    [The point of the birth certificate is that it is used as security for loans
    based on the premise that each birth will live for so many years,
    earn money and pay taxes back to the elites. The bith certificate is a
    form of security.]

    The debt, by the way, can never be repaid. It is a mathematical
    impossibility because the interest owed is never loaned into

    This is a brief overview of how the US government has come to be
    usurped by a banking cartel that controls everything: government,
    media, corporations, food supply, etc, etc, all because of their control over the money supply in the Western world. We may continue this
    theme in another article, for it is incredibly complex and rife with
    plausible deniability by [puppet]governments acting at the behest of
    the totally in control elites.

    Gold and silver are the exact opposite of debt. When you own gold
    and silver, you own it outright. It is substance without any third-
    party obligation[s]. You know by the unrelenting manipulation of the
    price for both by the central bankers how desperate they are to keep it from challenging their grand fiat scheme. Many thought the Ponzi
    scheme was unraveling last year, and many still believe fiat will be
    jettisoned in favor of gold and silver this year, sooner rather than
    later. That does not appear to be the case.

    We are adherents of letting the market interaction of price and
    volume, as found in the charts, speak loudest and silence a great
    many "opinions" offered from a variety of sources.

    The explanation on the monthly chart is a sufficient summation. Gold
    has been moving lower the past few months, but guardedly when it
    would be expected otherwise.

    GC M 1 Jun 14

    The promise of a strong rally in gold is far less than the luster on the
    metal itself. We did not add the no. 3 so referenced. It was to be the
    wide range lower from the last swing high in March. To a lesser
    degree, when compared to silver, the sell-offs have not been very
    authoritative, despite the increasingly failing efforts of the central
    bankers. Within the confines of an almost year-long TR, [Trading
    Range], neither side has a pressing advantage, which says more for
    buyers holding their own against sellers.

    GC W 1 Jun 14

    In line with the theme of buyers somewhat containing sellers near
    recent lows, there is a degree of support that sellers have to
    overcome if buyers are to be routed, which seems not to be a large
    threat, near term.

    GC D 1 Jun 14

    Silver has moved lower, relative to gold, and has been kept more
    suppressed, but without much to show for the effort of selling agents.
    The fact that last month was the smallest range in 7 years is a tell
    against the inability of sellers to extend the range lower at an area
    where they should be able to control buyers. The market activity
    says otherwise.

    SI M 1 Jun 14

    Charts give a pictorial that explains more than words can. Note the
    relative ease of the last two rallies, dark bars, and the greater
    difficulty, especially in time, for price to decline. This is not to say
    silver will not go lower in the next week or two, rather that moves
    to the downside have not been very convincing.

    SI W 1 Jun 14

    The daily shows in more detail how sellers are struggling to move
    price lower. The fact that the bars overlap so much indicates sellers
    are being met almost equally by buyers. Of course, the edge
    remains with sellers, but any ground gains lower are accomplished

    Overall, while silver has not been able to gain as well as gold over
    the past several months, it has been holding its recent lows fairly
    well. For as long as silver can hold it lows, as it has, the downside for
    gold may be equally limited, on a relative basis.

    SI D 1 Jun14

    May 31 3:51 AM | Link | Comment!
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