The FReaKShoW Is Getting Even fREakiER. IMPORTANT UPDATES: Markets, Gold, Silver, Crypto, Crude.
From Greg M
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I'm not quite sure but it seems we have a situation where there is no sound
value in much of everything as everything has, is and will be manipulated by
the manipulators extraordinaire. We all know there are "Plunge Teams" already
and yet it seems this has gone beyond even Plunge Teams in super adverse
market conditions deemed an "emergency situation" to every day and in every
way. So, they bluff out the retail markets so eventually you are more gun shy
and keep out of a lot of investing, then you have the sacred "cow" institutional
buyers that know what's going on "but have to invest" their cash or else lose
power and market share and "trust" of their investors whether large retirement
pools etc. So, they move when their own "herd" moves into or out of something
or when the folks that run these Stings tell them to move in or out of positions
before the sting is brought to bear on the market.
Then of course, you have the controlled burn of the savers and the deposits in banks
or money markets as the Fed dwindled that rate of return to nothing as well as diluting
and polluting the bond markets with endless buying of those very same bonds by the Fed
and a revolving door at the Fed Window so what real market valuation tools are at all
applicable under these conditions or reliable? The answer is there are no longer tools that
work because the market conditions are so fraught with literal horse shit news and information
it barely is worth even listening to anymore in terms of investing any amount of saved dollars
in anything.
I've heard people on both sides of the precious metals side versus the crypto kids and yet
each has an archilles heal to always worry about. In terms of precious metals markets you
have commodity exchanges allowing paper bets to control the valuation of the underlying
metals rather than the actual value of the metals controlling the value of the paper contracts.
So, that is a no brainer how they control this end of the investment valuation. So, they dump
paper contracts on precious metals and vavavoom your value per ounce goes plummeting
over these paper shit "rumors" so bets. The only way you can eliminate this crap by investment
banks is create your own retail exchanges that the a holes don't control thereby thwarting their
bull crap attempts to decimate the actual intrinsic value of any said precious metal or commodity. Will this happen? Probably not, because they probably have such levies and
cost to setup such an exchange thereby crushing that pro consumer attempt in it's tracks
and then if it ever does occur they can then file bogus charges on the new exchange and
then put it into such controversy and here say negative publicity to force people to jump out
of the market before that same new exchange can even provide confirmation of its integrity
and intrinsic consistency value. So, assassinate the character of the new exchanges and voila
it is destroyed through inuendos even though the current exchanges willingly debase the
precious metals valuations and other commodities through current manipulations through
paper contracts that are no more valuable than the thinnest toilet paper.
As far as the cryptos, they have their own foibles and problems such as passwords and
yes hackers regardless of block chain. So, they hack your password and vavoom your
shit is their shit. If you lose your password or credentials you can't retrieve that wealth
back either so you are f_____ either way. Then you go into the actual value of the crypto
what exactly it has backing it's value up and you find it's basically horse shit and yet it
is thousands of times higher than the highest rated stocks in the stock market that actually
have stuff backing their valuations in terms of profit, losses, p/e ratios etc and yet the folks
investing in cryptos invest in them as if they have something backing them? Horse crap!
Nothing backs them "but" more speculative investors walking in the front door each day
buying the particular crypto so if the market of speculators drops precipitously you end
up with less than shitty paper money right?!
Then you have contemplate and extrapolate out what the "owners" of the currencies
around the world observing the crypto's speculation bubble blowing up as they are
greedy little bastards more so than not, so they will try to figure out how to f_____
the crypto speculative investors out of their positions. That will come in the way
of all fiat currencies going digitized so that you end up with the salient question
what the hell do you need cryptos for if the fungible currencies are digitized anyways
and they are considered to be money already to transact business transactions.
I think these owners and bankers are a hell of a lot more intelligent than we give them
credit for. They create technologies and then they figure out ways to make you have to
go through them to buy or consume or sell your sh___ or someone else's sh___. So, they'll
get their cut obviously when the final dealing is over.
We're in a creepy sh___ crap game folks, you'll be better off going to Vega and counting
cards then trying this carnivorous beast we call da maaakets!
Am still expecting lower prices in Dow and S&P. Still waiting for a buying opportunity.