by David Kranzler
Investment Research Dynamics
I can make the case, Dave, gold and silver may never have been cheaper than they are at the bottom in this cycle compared to the amount of money, and particularly debt, in the world. So, to me, this move we’ve had so far this year is, it’s like a rounding error. – John Embry, Shadow of Truth
It’s becoming more apparent on a daily basis that the Federal Reserve is attempting to exert complete control over the markets. The Federal Reserve operates from its NY Fed trading base in conjunction with the U.S. Treasury’s Exchange Stabilization Fund, which operates in the same building as the NY Fed. So much for the notion that the Fed operates independently of the Government.
But it’s not just the markets. It’s becoming more apparent to more people that same cadre of insider elitists who are rigging the stock market also do their best to rig the political process.