Something Really Ominous Is Coming At Us

We find out yesterday in a Washing Times article that Obama authorized the use of military force against U.S. civilians in 2010:  LINK.  As it turns out, the option of using the military in the Cliven Bundy situation was considered.  Is that the type of policy all you Obama supporters voted for?

Gold and silver get smashed in Comex trading every day this week, despite an avalanche of fundamental news that should have triggered a big move higher in the price of gold/silver.  A friend and colleague of mine called me this morning and said “they smashed gold and silver everyday this week – there has to something really bad coming at us.”

For those who recall, after a big move higher in early 2008, the price of silver was smashed in March from $20 starting on March 6, 2008.  Bear Stearns stock was trading well over $60/share at that point.  Silver bounces back to $20 and then gets annihilated on March 17, right after JP Morgan agreed to buy Bear for $2/share.

Meanwhile, in the background, Lehman Brothers was quietly on a path to collapse, as were AIG and Goldman Sachs.   After the Bear debacle settled, silver trended back up to $19.  But at the end of July that year, silver began a steep sell-off from $17.  Unbeknownst to most observers, Lehman Brothers was about to collapse.  At the same time that Lehman collapsed, AIG was collapsing – as was Goldman Sachs from its derivative ties to AIG.  By mid-September the U.S. financial had de facto collasped and we know how the story unfolded from there.  AIG and Goldman were saved because the former CEO of Goldman Sachs happened to be the Treasury Secretary at the time and his butt-boy, Tim Geithner, was head of the NY Fed.

My point here is that there’s a reason that the Fed, using its agent banks on the Comex, is working overtime to try and push gold and silver a lot lower using fraudulent Comex contracts while China – and now Russia – accumulate physical gold hand-over-fist.  Blinded by extreme corruption and hubris, the Fed and the Government are trying to destroy the messenger.

The message likely should be telling us that something devastating is unfolding behind the scenes.  Likely something far uglier than what unfolded in 2008.

I know for sure now that the housing market is starting collapse again and household formation is at 30-year lows – the friend who called me told me four homes for sale in his neighborhood reduced their asking price this morning.  Retail sales are plunging despite the onset of favorable shopping weather and the rigged GDP number went negative in Q1. If we could see the truth, I wonder had bad things really are…

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