by Andy Hoffman, MilesFranklin.com:
The gold Cartel has attacked PMs at the 2:15 AM EST open of the London “pre-market” on 91% of all trading days since the April 12th-15th “ALTERNATIVE CURRENCIES DESTRUCTION.” When the history books are written, this farce will likely be viewed as the singular act of hubris accelerating the demise of the global “fiat currency order.” Similarly, the pending October 1st government shutdown – i.e., tomorrow – if indeed it occurs – may be viewed as the day psychotic politicians lose the world’s confidence.
Regarding the former, even I am in awe of its blatancy; and I’ve seen EVERY tick of the past eleven years of PM trading. My manipulation motto has been “each day worse than the last”; however, I NEVER thought they’d become careless enough to actually destroy the mining industry in their quest to “kick” the can a few months longer. Although, as they say, desperate times call for desperate measures.
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