Categories





The Phaserl








TheLibertyMill


The Most PiMBEEB Transaction Of All-Time

by Andy Hoffman, Miles Franklin:

Monday mornings can be daunting, in processing the massive amount of PiMBEEB – or Precious Metal bullish, everything-else-bearish – news since my last publication, 72 hours earlier. This, amidst a world where government-commandeered “markets” signal nothing but the madness they have created, and the carnage that must surely ensue – as if generational economic weakness; the highest-ever debt load; the largest-ever industrial oversupply; the lowest-ever cumulative purchasing power; and the highest level of political, geopolitical, and social unrest in generations isn’t carnage enough. But alas, the rapidly accelerating, guaranteed-to-fully-run-its-course implosion of history’s largest, most destructive fiat Ponzi scheme is in truly unprecedented territory; featuring history’s largest-ever bubbles – and in Precious Metals’ case, “anti-bubbles”.

Today’s principal topic is as important; far-reaching; and per today’s title, PiMBEEB; as anything I’ve yet discussed. Thus, the best way to preface the most PiMBEEB transaction of all-time, is to simply list the past 72 hours’ events – to demonstrate just how rapidly the powers that be’s “control” is being lost.

The Illinois Death Watch is on – as following last week’s downgrade to one notch above junk, state Comptroller Susana Mendoza said “this is not a false alarm, we are in massive crisis mode. The magic tricks run out after a while, and that’s where we’re at.” “Magic tricks,” eerily similar to the “extraordinary measures” the Treasury is currently taking – i.e, plundering pension funds, and creating fraudulent interdepartmental transfers – to buy a few more weeks, before the “mother of all debt ceiling crises” arrives.

Heightened military escalation; as the U.S. bombed Syria – prompting Russia to cut off diplomatic ties, citing such as act as “supporting terrorism”; whilst Iran and China conducted joint naval drills; NATO simulated a Russian invasion; and America pondered the deployment of an additional 20,000 troops to Afghanistan.

Escalating political chaos, as the odds of a Trump impeachment hearing increase further each day. Not to mention, the chaotic aftermath of last week’s “shocking” UK election – and yet another London terrorism incident.

The accelerating collapse of Saudi Arabia’s finances, as the OPEC “production cut” agreement collapses – as highlighted in this Steve St. Angelo article, discussing what I have exhaustively harped on for the past year. e., America’s desperate need to support the collapsing petrodollar complex, as its only Middle Eastern “ally” inches dangerously close to political and economic chaos.

This, as rigged financial markets are blatantly, and dramatically, supported – as evidenced by the past four days’ “trading”; in which, amidst a Fed “rate hike” and “balance sheet normalization” proposal that NO ONE can make sense of, given how U.S. economic data is unquestionably at its post 2008-crisis low; interest rates are within two basis points of their post-Election lows; and the dollar is essentially at its post-Election spike bottom low. To wit, Minneapolis Fed President Neel Kashkari said all you need to know about the “control” the Fed has, and the understanding – or better put, denial – of the mess they have made…”for me, deciding whether to raise rates or hold steady, came down to a tension between faith and data.”

To that end, it’s shocking to consider dislocated today’s historically manipulated markets are – as nothing is being allowed to reflect reality. Particularly, “last to go” markets like paper Precious Metals and the “Dow Jones Propaganda Average” – the former of which, were subjected to their 189th “Sunday Night Sentiment” raid of the past 199 weekends; 857th “2:15 AM” attack of the last 978 trading days; and this monstrosity of “COMEX open”…

…whilst the Dow, following the disastrously timed Fed rate hike – amidst collapsing retail sales, housing starts, home sales, building permits, and wholesale reports, and the aforementioned, soon-to-be-discussed “most PiMBEEB transaction of all time; continued to be relentlessly supported by the PPT’s “dead ringer” algorithm…

Read More @ MilesFranklin.com

Help us spread the ANTIDOTE to corporate propaganda.

Please follow SGT Report on Twitter & help share the message.

Leave a Reply

You can use these HTML tags

<a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <s> <strike> <strong>