Thread: Gold, Silver Charts; Bernanke's Bluff; Endgame

Gold Daily and Weekly Charts; Silver Weekly Chart; Bernanke's Bluff; Endgame

Commodities / Gold and Silver 2010
Jul 20, 2010 - 11:29 AM

By: Jesse

The Federal Reserve and its friends in the European central banks, the IMF, and BIS are running a bluff against the developing nations and the rest of the world, and to their shame, the majority of their own people.

They will have to engage in wider scale monetization and 'quantitative easing,' which is a polite euphemism for the debasement of the currency, to cover the collapse of their expansion of the money supply, the misprision of felony, and the subornation of perjury, to facilitate the mass transfer of wealth from the public to their friends. This is why they must operate in the dark. Ponzi schemes must always expand, and always in secret.

The increasing manipulation of gold, silver and the currency markets, and the monetization of the public debt, is a sign of the endgame for the sorcerer’s apprentices. These are the signs for our times.

In the short run things will be confusing, and difficult. In the longer term the outcome is as it has always been. You can fool some of the people all of the time, and all of the people some of the time, but you cannot fool all of the people all of the time.

Bernanke and his ilk will fail, not with a bang but a faltering failure, and a final whimper. But this will take time, and in the short term they will act with a con man's bravado, for con men they are, wielding power and using public funds unjustly, in secret, in an unconstitutional collaboration of financial institutions, the corporations that have risen around them, and the government.

"A collective tyrant, spread over the length and breadth of the land, is no more acceptable than a single tyrant ensconced on his throne." - Georges Clemenceau

The lifting of the veil from their scheme will be like the rising of the sun, as things long hidden become known. And we will look upon money and value in fresh ways.

Gold Daily Chart



Gold Weekly Chart



Silver Weekly Chart



"If the people only understood the rank injustice of our money and banking system, there would be a revolution before morning." President Andrew Jackson, 1829

By Jesse

http://jessescrossroadscafe.blogspot.com

Thanks Airborn, hope you don't mind, I am lifting a couple of the quotes.

The lifting of the veil from their scheme will be like the rising of the sun, as things long hidden become known. And we will look upon money and value in fresh ways.

Interesting comment.