by Andrew Hoffman
Miles Franklin
It’s very early Monday, and I’m “up and at em’” because I feel so passionate about today’s topic. The day’s just started, but despite the 153rd “Sunday Night Sentiment” raid (actually, a mere “capping” this time), and 681st “2:15 AM” EST attack of the past 784 trading days, gold is back over $1,340/oz, and silver again challenging the Cartel’s maniacal “line in the sand” at $20/oz. As it should, as per yesterday’s “gold panic-selling” article, last week – particularly, Friday afternoon – was one of the most egregious Cartel manipulations I have seen. Let alone, as the weekend’s only “news” was that Japan’s 2Q GDP was a much lower than expected 0.0% – just like in Animal House, LOL. And FYI, care of history’s most insanely stupid monetary policy, the Bank of Japan, which is already a top 10 holder of more than three-quarters of the Nikkei’s 225 stocks, is projected to be the top holder of a quarter of the Nikkei’s stocks by the end of next year – at one fell swoop, exposing the “myth of QE to Infinity” and launching Japan’s “end game of communism.”