by Andy Hoffman, Miles Franklin:
Another day of widespread “horrible headlines”; another day of – as Zero Hedge puts it, “mundane overnight stock futures levitation”; and – of course, the 199th “2:15 AM” Precious Metals raid in the past 222 trading days; as yet again, the Cartel drew its long-time “lines in the sand” at the key round numbers of $1,300/oz. and $20/oz., respectively.
Apparently, yesterday’s prototypically capped gains – utilizing the signature “Cartel Herald” algorithm – weren’t worthy of holding; even with JP Morgan’s commodity witch, Blythe Masters, out of the picture. No matter, another puppet of TPTB will seamlessly replace her, just as Obama replaced Bush, and another one will replace him.
That said, today’s moral is a positive one for truth-seeking, PM-holding readers – as ultimately, no amount of money printing, market manipulation, and propaganda can stop the “primary trend” from asserting itself. To wit, “news” is but noise in the bigger picture of global economic collapse, resulting directly from a currency regime guaranteed to fail.
Please follow SGT Report on Twitter & help share the message.