RE:RE:Germany starts probe into gold/silver price manipulation
Agree totally with you. Lets see TSLA at one point had same market cap of GM, NFLX is worth twice Alcoa, or in other words some miniscule network with limited following and even worse minimal employment isworth more than america's biggest aluminum company.
The market is and always will be one word ...RIGGED.And its rigged for one reason mainly. People are too scared to buy at a bottom and never do. Hard to be a contrarian when ur nuts are being roasted daily. This market now reminds me exactly of the dot com boom of 2000. I remember one fund manager that held large positions in natural resources was sacked because he did not particpate in the dotcom rally but was buying boring old economy stocks. Then a year later the old economy took off and never looked back while the dot com boom fizzled. Will it happen again ? The answer is yes, todays Facebook Twitter and and Netflix will be tomorrow's AOL, iVillage and Double Click.
The populationis increasing. Energy demands are increasing. We want warm furnaces, cold air conditioners, we crave all plug in appliances. The powers that be are saying the old economy ( steel, pharma, energy, metals, gold, are not needed. Yes we wil starve in our parents basements and play with our Activision games to fill our bellies. We wont need food, tweeting will fill our physiological needs. The media and the elites of the NWO are descrating all things of value such as gold, food, fertilizer, potash, oil, gas . coal, and yes even commodities such as corn and soybeans. Nary a word about population explosion, world famine, displacments, nothing from mainstream media. This entire sell -off has buyers on the other end, nest ce pas? Who are the buyers ? Who are the sellers of Priceline, Netflix, Facebook ? The answer is one and the same the NWO.
The NWO now is not as united as before. Ackman vs Icahn, Soros versus Munk. What Madoff did was showed that some one respected in the Jewish community and in the financial community could have no scruples. Now the NWO is divided but united. How so you ask ? They all seak to rape and pillage the middle class. But they have done very well the last 20 years. There is old NWO vs new NWO . Both are big gamblers and both have big egos. They trumpet their positions on TWTR hoping others wil l nadwagon their trades so they cna sell out. The answer is its collapsing. AA and X are at 52 week highs. FB starting to slip, TSLA on a slippery slope. What is happening is that some NWO isnt waiting for the media onslaught to begin. They have been quietly exiting the junk and buying unglamorous old economy ( REAL ECONOMY ) stocks.
What will happen in the next 6 months will be shocking. We will see a gradual taperin off of the junk and a gradfual buying of the real. You wonthear it in the media. You wont even notice it unless you really look. Elliot Waves are beigging ot happen. Alcoa 25 % bounce off the bottom, US Steel 70 % pop in the last three months, but ur not hearing much. The NWO is spllitting apart , some arent waiting for the SELL signal, they are already selling, and already BUYING the old economy.
There is always a trigger, soem one with big position that has loaed up at the bottom, We are there now for gold and a host of other boring economy stocks. If you own the junk get out of it, sell it short it, buy puts on it, the world is changing , it needs commodities now more than ever and when the media fails to mention it, when they constantly downgrade it buy it. When Facebook was 22 experts said buy at ten knowing it would not hit 10. The targets for gold now are down, 1050 is the target. The cartelization of gold would bankrupt Goldman Sachs in 3 months. This may happen and in my opinion the Chinese are prepping for it. The next war will be China's disciplined state buying against the recklessness of the American banking system. I have zero doubt China will win. Buffett does not own gold, he doesnt see the value in it. His saving grace will be his investments in insurance and railroads. Gold will rally. We are at a bottom, no one rings bell when its the bottom.