Fake-Rally is Over, What’s Next?

As explained in another, just-released commentary, Hostage Markets are back for precious metals. This is the term originally coined in 2014, to refer to the absolute choke-hold which the Big Bank crime syndicate has exerted over precious metals, going all the way back to spring of 2011.

At the beginning of this year, this Crime Syndicate chose to stage a fake rally in precious metals markets. The reason for this fake-rally has also already been explained.

1)  The Next Crash is imminent.

2)  In order to ensure precious metals don’t stand out as a safe haven during the next manufactured crash, the bankers need to crash these markets too.

3)  It would be difficult (if not impossible) to create a “crash” in gold and silver, from the already rock-bottom prices which existed at the end of 2015.

Precious metals markets have thus been “set up for a Crash” (the title of another, previous commentary). Rhetoric from the mainstream talking-heads has now reverted to the same vacuous gold-bashing we saw for 5+ years.

The Federal Reserve is going to raise interest rates. So gold and silver prices must go lower.

Note that the propaganda is never explained (in rational terms) just repeated again and again and again and again. This is what is never explained by the mainstream talking-heads.

1)  The Liars at the Federal Reserve have been lying about “raising interest rates” for 7 ½ years. No credible journalist (or rational human being) would even listen to more Fed talk.

2)   “Raising interest rates” is only bearish for gold and silver if those rates are being raised to rational/legitimate levels.

Interest rates not just in the U.S., but across the entire (corrupt) Western world, are at near-zero – or lower. These are the lowest, most-insane, most-corrupt, interest rates in the history of human commerce. Nudging these ultra-low, ultra-corrupt interest rates slightly higher (if it ever happens) is not even mildly “bearish” for gold and silver, because these interest rates would still be at insane/corrupt all-time lows.

Furthermore, interest rates are only a relatively minor fundamental of the gold and silver market. The dominant fundamental for precious metals (always) is currency depreciation. This is one of the intrinsic properties of gold (and silver) being a “monetary metal”.

The Global Monetary System Has Devalued 47% Over The Last 10 Years

Unlike the Federal Reserve’s talk of “raising interest rates”, this currency devaluation is an ongoing reality, not just more empty words from Compulsive Liars. All the while that the Fed has talked about raising interest rates, this currency devaluation has continued.

This is the real world. Precious metals prices should have never stopped rising in 2011 (when the bankers created these Hostage Markets). Prices should have never stopped rising now, as Hostage Markets have been reimposed.

However, in the Wonderland Matrix, “reality” is irrelevant. Hostage Markets are back. So what does it mean?

The obvious answer to that question is that the end of the fake-rally means that the Next Crash could occur any week (any day?) now. That has been the prevailing thesis of a number of previous commentaries. But let’s play Devil’s Advocate. What are the possibilities here other than the most obvious one? Our markets are already at extreme, irrational, bubble-levels. This brings to mind an old adage of markets.