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James McShirley Comments to Lemetropole Cafe - "Virtually every manipulation I follow is in the 90%+ category"
Bill,
It's getting monotonous, and just incredible how iron-fisted the cartel has become. The 90% probabilities just keep on going. Virtually every manipulation I follow is in the 90%+ category. An amazing 33 out of the past 36 PM fixes have been lower, or no higher than $5 from the AM fixes. Selling commences in almost every Comex trading session, with plans A, B, and C daily fare. Watching these patterns set up like clockwork makes you wonder who could possibly take the opposite (wrong) side of the trade 90% of the time.
Are hedge funds THAT oblivious to the cartel's ways? It defies all trading logic to watch what has become the cartel version of the basketball Harlem Globetrotters mowing down the Washington Generals. I used to say it was analogous to the WWE. Hell, even a WWE match has at least in theory has a chance of NOT being a predetermined outcome. There not only isn't a single day that goes by that's not manipulated, with high speed algos there now isn't a millisecond that goes by.
With NFP looming on Friday and April gold op. ex. coming in 3 weeks on the 25th you'd have to believe they're highly motivated to keep this clamp on, at least short term.
Many investment advisors have proclaimed that, "they don't care if gold is manipulated, because even if it is it allows us to accumulate gold at lower prices". The "us" they refer to unfortunately no longer includes such bright minds as Ferdinand Lips, Adrian Douglas, and
now Peter George, who never got to see a free gold market, and the full rewards of their skill and knowledge. People that don't care whether markets are free are spineless tools, and a disgrace to this industry. Lips, Douglas, George, and the other GATA warriors who have passed away will be remembered for fighting the good fight, and in doing so helping rid future generations of financial tyranny.
That's a worth that isn't measured in bank accounts reflective of being paid shills who don't care about financial crime.
James McShirley
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On the other hand, Homer Simpson lost a bundle ont he Gernerals. He thought they were due.
"I am serious. And don't call me McShirley."
The New Normal.
It is usual for Rats to enter a " sinking ship ", not to sink it and depart.
Round up the usual culprits ( jpm,GS, wallymart. . etc) and cull with lethal injection. Don't debate do it immediately. Your country Needs You!!
I came to this fight rather late. It wasn't until my initial reading of Jekyll Island in the early ninties (I have since read it three more times along with libraries of additional tomes in related subjects... science, geopolitics, economics, and so on) that I that I got my first 'glimpse behind the curtain'. In fact, it was that glimpse that lead to the fact that I no longer live in Los Angeles, but rather on a farm in the Northwest. City boy turned farmer has been an interesting metamorphosis in itself.
Over the ensuing years I was forced to rewrite my own version of history as everything I thought I knew about the world resolved into a vision that became over time darker and more abhorrent. To the extent possible I have exited the system... The final step is to formally declare myself it's enemy... That time may come, as the system may well force my hand. It is, in fact, an ugly multi headed beast that will not go quietly into it's grave. In the interim I stab at the creature's heart. I do this with every bit of gold and silver I take beyond it's reach. The market is the forest in which the beast is king... It is the creature's market, it doesn't belong to us. And to the extent we continue to conform, and I have a position in junior miners, but it is small by comparison to the rest of my assets, we give the beast prolonged life.
The creature can not win. Its war is not only with those of us who desire to be free men... rather it stands in opposition to nature and to nature's God... The only real question is what will remain after this abomination succumbs to it's final fate. That we will choose for ourselves as we are masters of our own fate.
Amen brother, you just wrote my story also.
Freedom is power
ditto i checked out of the slave system in 2003
It doesn't matter. All that paper is tied to a physical gold hard money asset. That is why I like gold. You can't manipulate the price of a form of money which is limited and that anyone can put in their closet and store forever. That is why gold and silver are not commodities, but stores of value and money. Corn and wheat go bad and are hard to use in transactions. You can't make people sell gold by putting it on sale. They just buy more. Every raid is the seed of a physical shortage. If the cartel had any sense they would overprice gold vs paper money to keep capital from moving into it. As it stands, every spare knowledgable public dollar will flow into physical gold instead of stocks. I know all mine have been lately. This price is an incredible value vs every historical money creation ratio.
The problem is that once TPTB have lost, they merely pull a gun, declare you a dirty stinkin' rotten hoarder, and demand your gold. FDR did it.
Another view of what is going on in Gold.
http://armstrongeconomics.com/2013/03/06/gold-backwardation-the-real-story/
Armstrong is wrong. If you listen to that guy and his magic computer program, you will be annihilated. He believes things about the market structure that have not been true since the 80's and denies things about economics that have been true for eternity.
Can you exand on this? I am trying to figure him out on many levels. I have seen some contradictions, but I also find most of his writting accurate.
He said capital would flow into the US from Europe and Japan. Dow would hit an all time high. Two weeks ago he said if we do not see a minor pull back, we are at risk of a crash type bottom in Sep of this year.
On gold, he said it will take a break and resume for new highs in 2015.75.
I am not asking so I can defend him, just looking for the truth. Precter is another story.
Thanks.
Armstrong has some great historical information. I read that. But then he makes a completely nonsensical statements following it. For example, he has info on the hyperinflation of Rome. Then he follows it up with statements about hyperinflation is impossible in a large economy. And there are plenty of examples of hyperinflation in core, non-core, big and small economies. He just denies it can happen.
Armstrong denies market manipulation is possible. The entire London gold pool was manipulation. Our bond market is completely held up by openly admitted Fed manipulation. The idea that manipulation is not possible is completely ludicrous.
Armstrong also goes on about his computer program that is the only thing which is ever right, no fundamentals drive anything, just his magic box. Basicly it is Charles Nenner's cycles in a box, and we all know how that ends up. Even when his box is clearly saying something is going to happen, he is too biased to read it right. For example in June it said gold was about to have a major trend change. He said it was going to break, when obviously that would not have been a trendchange. So he got all his followers short and massacred. That same machine, at that time, predicted a gold trend change in March, now. He is once again telling people to get short. Obviously, down is not a trend change. And even follows up with that by saying you gotta follow the trend! Not that I agree with his box about anything. Just that he reads it how he wants to read it and when he wants to read, with bias. And he even tells you he isn't biased, when he obviously is.
He is also an insulting ahole. But that is besides the point. I do that too sometimes. But at least I don't charge for it.
Thank you for this. I have noticed over time following various trend type guys, they tend to shout when they are right and are silent when they are wrong. The part I find interesting from Armstrong is the concept of flow on a global scale. I did not realized he was saying that things cannot be manipulated. In fact, my understanding is his cycles in a box (LMAO when I saw it even if it was a Nenner reference) depend on man trying to dominate / manipulate other men. I remember one of his posts that stated he was detecting silver trades by Buffet with the intent to manipulate. I have no way to prove it. It sounds like a flip flop to me. Wow - did not know tihs.
I know Prechter has always said that but then he goes on and tells his audience that the Fed is printing money via the debt machine which anyone would call manipulation.
Have you ever seen any details on what is being measured or how? All I see are his arrays with very few details.
my understanding is his cycles in a box depend on man trying to dominate / manipulate other men.
this is my reading of it as well, whether MA consciously admits it or not.
and following one person (whoever that is) for trading/investment advice in the age of the internet is utter folly.
everyone's talkin their book. best to get a wide range of opinions and trust your own inner council, yes?
Ignores the elephant in the corner:QE4E.So that explanation matters not.
Mid terms 2014,will cause TSHF if war doesnt first.
Here's a short audio clip of a recent cartel meeting:
http://youtu.be/PikHum6Izs4
When all those in power are in on the game, it will never end.
They are entrenched and have it working perfectly. While we sit on our hands and keep stacking they are amassing weapons and fortifications while keeping the propaganda machine well lubed and the new pretorian guard well fed with their greedy little minds dumbed down and controlled. They take orders, get their pay and know they are doing their patriotic duty. It's quite empowering. Remember the picture of the pigman pepper-spraying protesters in NYC? Where was the outrage? Where was our support for the movement??? Little by little on all fronts it gets whittled away.
Sorry guys, it doesnt look to me like there is much hope..... Unless... they decide to jack the price up themselves.
Name one empire that has survived...this, too, shall pass....
As a wise man once said, all things must pass.
Ozymandias' has. in a poem
"I met a traveller from an antique land
Who said: `Two vast and trunkless legs of stone
Stand in the desert. Near them, on the sand,
Half sunk, a shattered visage lies, whose frown,
And wrinkled lip, and sneer of cold command,
Tell that its sculptor well those passions read
Which yet survive, stamped on these lifeless things,
The hand that mocked them and the heart that fed.
And on the pedestal these words appear --
"My name is Ozymandias, king of kings:
Look on my works, ye Mighty, and despair!"
Nothing beside remains. Round the decay
Of that colossal wreck, boundless and bare
The lone and level sands stretch far away.' "
Great poem...
I would agree with you on most of what you say, however, history shows us numerous occasions where "faith is completely lost".......the game is a house of cards, and it's becoming more readily apparent to anyone with eyes to see.
The game falls apart the second people realize "the value of promissory notes". It then becomes a game of "hot potato", to see who gets stuck holding the bag.
The difference between America and other nations? A shitload of guns. Telling the average American that his/her life savings is suddenly worthless, and that his pension/food stamps/disability check isn't going to buy even a bag of groceries? SHTF.....
The upcoming collapse of America will be complex, with many forces coming together to form a perfect storm.
No one issue is destructive enough
But add them all up......I think Second amendment issues are going to be the catalyst
True enough, Croesus, about Joe sixpac and his food stamps. But he still watches TV and they just keep turning up the heat a tiny bit on the frog, at least that's what I see. Joe and Jill still believe, they want to so badly.. After all, we are the greatest nation in the world aren't we? just a bit less cereal in the box and a bit more horse in their mikki dee burger. And Joe junior can always enlist, right?
But: Hope does spring eternal. I know many people that can't wait and pray for Armageddon, so Jesus can finally save them.
Sorry dude, it doesnt look that good to me, and history shows a pretty gruesome picture.
Sir:
Hope is all we can have. On a personal note, my grandmother was released from the hospital yesterday. When she got outside, she took a breath, and the first words out of her mouth were: "There is nothing better than freedom".
That is the great epiphany that the masses cannot ignore indefinitely. It is a certainty that some "frogs will boil", but other frogs will jump, and the "chef in the kitchen" will not be able to catch all of us.
There are some interesting twists in all of this, that may come to the forefront:
The recent comments from the PBoC Deputy Gov.
"Yi said "a currency war could be avoided if major countries observed the G20 consensus that monetary policy should primarily serve as a tool for domestic economy", the Xinhua report said.
But China "is fully prepared", he added.
"In terms of both monetary policies and other mechanism arrangement, China will take into full account the quantitative easing policies implemented by central banks of foreign countries."
-----
Read between the lines on the above - it's less crytpic than anything Bernanke says.
I think 2013 will be an inflection point for all of this........call it my "man's intuition"......too many things happening, too many people from too many disciplines all saying the same things, but from different angles. Is it just me?
eliot wave follower I know says PM's are at end of 5th wave (WTF?) and says PM's are going much higher from here while stocks will fall much like 08...perhaps, but 85 bil a month plus japan's and EU money expansion it is hard to see stocks dropping..but the black swan that kills stocks maybe the first bombs on Iran..
or Korea...
My guess is that it will end within 5 years for the simple reason that the supply of both silver and gold will greatly diminish; the miners are getting killed by dramatically rising costs and are shutting down projects. The true break even points are close to spot right now. Imagine a few more years of 10%+ inflation and the never ending demand just from the Chinese, the Russians and the sovereign CBs who buy by the tonne.
JPM, the vampire squid, and cabal are playing with other peoples' money via the federal reserve. They care not the risks they take. They can pump a Trillion "dollars" into naked shorting gold/silver/whatever-they-want, and just when you think they have run out of cash, the federal reserve conjures up another trillion for them to keep on keeping on. This is Dollar destruction by none other than the federal reserve, the banking cabal, the federal enforcement agencies, and lastly - our politicians.
At this time, if you are so inclined, consider it a "discount" on PMs. It is the only silver lining to this situation (no pun intended).
I have done my due diligence by attempting to explain this fraud and I can tell you that the "guy on the street", the guy next door, and the guy at work couldn't care less. They can still trade their piece of paper for a loaf of bread/dozen eggs/gallon of milk. If the aforementioned cabal gets blown out of it's shorts for some reason, that could all change when the fed has to double down to get them out of the hole.
ebworthen you are right on.
Buying gold is the one thing we can all do now to give the finger to the Cartel. Their fiat experiment will fail but maybe they have planed it that way, who cares if you own at least a little gold you will be better off than the poor sap who owns none.
I bought my first today and it was $3000 less than it was a month ago. Keep manipulating, I like it.
Max
mr. heart, (thanks)
it is all so obvious it has become fucking retarded.
these motherfuckers will not stop their relentless goal of complete control.
hopeless until revolution. watching greece, italy, spain for outcome analysis.
disarming america is the line in the sand...
like she said "if blacks were allowed to own guns we wouldn't have been slaves".
wow, how fucking profound - my one person hope for today! maybe it isn't hopeless just yet...
Hey this is some good truth.
Here is some more form a lady that speaks out her truth around gun control.
You Can't Ban Evil:
http://www.youtube.com/watch?v=vn7bkncf1_E
this is so retarded to know wtf is happening and give a shit anymore..
this comrad is defecting.
underground resistance
LISTEN TO this as a great summary
IT IS HOPELESS-TIME TO MOVE TO NEXT PHASE
http://www.paulcraigroberts.org/2013/03/01/the-western-economic-crisis/
strongly debating whether to even post or read this regerve of same ole shit...
good fucking bye fellow comrads; may there be victory...
That's what I say, don't even waste any more mental energy focusing on what they're doing. They have made it clear the direction they are going. Four years ago I committed to building a self-sustaining lifestyle and surrounding myself with like minded individuals who I barter with for items I don't produce. This is my family now, I look out for them and they look out for me, It's the true essence of a community.
Red light go right. You can do it if I did it.
I've been hoping for a fragmentation in the ruling class of crooks but don't see it yet in this country. Although it is happening elsewhere.
While it's touching to see such expressions of endless faith that western society will wake up one day to find order restored and 'free markets' redeemed from the hands of financial 'tryannists,' they begin to border on what has been defined as insanity - the expectation of different results from repeating the same action...
that this manner and level of 'manipulation' is built into the system which goes by the description of 'capitalism' escapes the view of almost all who bemoan it's distortions and partialities. That our present moment of uber-manipulation is not the 'distortion' or 'corruption' of Capitalism, but rather, it's ultimate refinement and apogee, is a thought which equally eludes consideration by the brain-trust of our current crop of intellectuals!
Due to a surfeit of schooling backed and bankrolled by their class&cultural enemy, most Euromerikans have learned to esteem and defend the very men and methods cause of their serial embezzlement and defauding; to defend 'capitalism' at the expense of real free enterprise, to rally behind monopolists at the expense of competition and innovation, and to scorn all systems which actually practice(or practiced) the very virtues that are supposed to be goal of all liberty-minded people. To tolerate a marketplace which has become a casino, which operates via "FUNHOUSE RULES" in which every detail is subject to distortion, deception, and sleight of hand.
Those in control of the West for the past two centuries have appropriated the rhetoric of 'free enterprise' in order to destroy it...they despise free markets and work to impede them at every turn, by controlling the levers of political power to achieve their economic monopolies. They fear competition and work to destroy any and all of it's outcroppings. To lose your chains, and usher in the true end to 'financial tryanny' will require deeper thought and tougher action than these endless sobbing submissions to the agony columns of goldbug blogs...
throw out the moneychangers from your midst, and be done with it. Let us return to trade, and the principles of the market economy which require a system based upon credit...not debt.
Hmmm.
a) I resent being labelled "crop".
b) If you define Capitalism as inherently possessing laws and regulators that concentrate power, then you've removed the whole concept of "free market". Your brand of capitalism may therefore have an apogee that culminates in extreme non-freedom; with my brand, individuals are always free to opt out and leave crooked parasitical scams with a dearth of hosts.
c) surfeit? bemoan? Heh. Add dearth to that.
d) There's more than one way to skin a cat. You can do your bit amongst your circles of intellectuals; I will just continue to heed my gut, stack as I can, and hold fast to faith in the laws of physics; them other folks over there can agitate via GATA and goldbug blogs; and that group beyond them can push through the court system or the media. Bottom line, if *any* approach manages to break the currently broken system wide open, I'll be dancing the same dance of gleefull joy, and I bet you wll too. So don't diss those who share similar aims but opt for different tactics...
PS. So along those lines, ya get a greenie from me.
I see this sort of religious zeal for the "free market" routinely, but I rarely see people accept that this "ultimate refinement and apogee" is the inevitable conclusion of free markets. The reality is that free markets exist for a miniscule amount of time in our world before power imbalances are punitively exploited. This is the paradox of capitalism - if competition creates the normalization of profits, then why would any rational actor choose to compete? They only choose to compete so long as it takes to entrench themselves into rent seeking permanence.
All you're arguing about is a different point on the same timeline... it reminds me of someone who desperately wants a puppy to stay the size of a puppy forever. Fortunately or unfortunately, that puppy grows up.
what is this "west" crap, like the whole rest of the world is less corrupt?
Were I writing a comment on a blog that catered to an audience of finely tuned minds in the East(as ZH does to some of the most operational minds left in the West) I would have directed my remarks to the "corruption' of the time tested values of the market which have been left behind in the rush to modernity,"progress," and integration with the global pandemic of valueless values...
and we would have proceeded to a discussion of how the "Prophet Himself," and the rest of the original raft of righteous fellows who followed the way of Islam were all merchants...traders who respected the right of private contract, free trade, the sanctity of the markets, the rationale for always being on guard against the predations of the pharisees and their ilk...
and how badly fallen is the character of modern Muslim society of the moment. Or something of that sort. Take the same template to the "Far East," insert the same theme of corruption of Confucian/Taoist values and proceed to same discussion...
But this is ZH.
I remain...your most humble...etc.etc.,
"In the west" is appropriate and accurate because the nexus of the War on Gold is the Wall Street/The City connection. New York City and London are the places where human beings and their lives, futures and freedom are bought and sold.
Corruption is pervasive everywhere, but NYC and London are the power centers that are dragging the whole world into financial collapse and poverty.
It was once said that usury is worse than murder since murder removes a man from his troubles while usury bleeds him for it
That is precisely why the Catholic Church banned its utilzation by Christians (meanwhile themselves indulging with both hands). The Jews meanwhile were more than happy to supply all goy with money created through the fractional reserve process they invented (genius by the way). I won't get into the whole Zionist agenda because that's for another time, but as a Jew, let me say there is not a more dangerious enemy to peace and liberty on the planet than Zionism. I promise you that.
The fact that the Rothschilds (among others) and the origin of the Jewish addition of frational reserve methodologies are completely ignored in any modern economics courses is suspect, don't you agree? How can you truthfully study the history of economics without this piece of the puzzle? Nothing, in actuality, makes sense.
Many parts of the rest of the world will throw the dissenters into a mass grave. We have our elephants in the room, they have theirs. Their elephants will kill them quickly, so the people shut up. That, IMO, is why their dirty laundry is not well reported. They at least have that "excuse". WE are getting there.
This is why I don't invest in equities anymore, and instead buy Gold and Silver.
I don't care if it goes to $2 per ounce; I consider it an act of honesty and morality and a shot fired at tyranny.
EXACTLY.
Totally agree.
I feel the same way and have been converting fiat to phyzz for over 5 years now. I sold my entire portfolio without the slightest of regrets. The manipulations are ingrained, the enforcement rigged, and it's not going to stop until the Great Reset blows the system up.
"Be right and sit tight" Jesse Livermore