In order to prop up their fiat debt instruments (the dollar) the Fed ordered its financial storm troopers to viciously short gold and silver as well as PM stocks. In this manner, they could artificially strengthen the dollar in order to avoid rate hikes. What they really would like to do is lower the rate still further to help out their bankster buddies with increased liquidity as well as with sweetheart deals--i.e., free money that dilutes the money pool. It's a subtle but real and additional tax on the Joe Sixpacks who are largely oblivious to what's going on, but they know their relatively flat wages are able to buy less and less. If they did care to look into what's going on, they'd see the money supply figures are kept hidden and official government figures (CPI, PPI, etc) are grossly distorted to put giant smiley face on everything. They'd also hear lots of disinformation from certain business channels where the Kudlowesque shills keep saying the worst is over and it's time to buy tech stocks, etc. The worst is not over. The current banking mess we're seeing? Tip of the iceberg.
The Fed Foxes running the 'free market' hen house have a huge advantage because they can rig the system and the super hyper Wall Street elite can reap huge benefits. But in the long run, they can't keep up the distortion. The eggs will disappear and only paper promises of eggs will exist. For example, we've seen what they did with silver. When silver hit the $12s we saw instant shortages of the metal. Below $12 and miners won't find it profitable (unless they hedged at higher prices). What this means is a physical shortage. They don't have enough gold and silver to produce the Eagles, LOL. In the short term, they've achieved 2+2=5. There isn't enough silver, therefor the price goes.....way down? WTF? This can't last. The best analogy is the one about the Cartel holding a big beach ball under salt water. When it finally gets away from them it will rise in giant hurry!
AUY is a huge buy right here. JMHO.
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