by Andy Hoffman, MilesFranklin.com:
I have written of “CARTEL RULE #1” countless times before; but in light of the current global economic collapse, I thought it a good time to expand on this concept. For those not aware of such rules, they represent repetitive patterns I have observed in my “TEN YEARS OF HEAVEN AND HELL,” soon to be eleven. Fewer than a handful of people are more aware of the U.S. government’s daily “manipulation operatives”; and per previous RANTS – like the “DOW JONES PROPAGANDA AVERAGE” – my range of expertise is far broader than just PAPER PM markets.
By “definition, “CARTEL RULE #1” is thou shalt not allow PMs to soar when the Dow plunges. Practically speaking, it can be broken down to a more qualitative definition; that is, PMs are not to be viewed as the SAFE HAVENS they have always been.
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