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euphemism
yoofmizm/
noun
1. a mild or indirect word or expression substituted for one considered to be too harsh or
blunt when referring to something unpleasant or embarrassing.
A good hockey player plays where the puck is. A great hockey player plays where the
puck is going to be.
- Wayne Gretzky
Here we go again. Its about time for a good intervention. All we need is a little false
flag. A 10-20% correction in the stock market. A little political cover or capital for
ramping up the printers.
Oh how far weve come:
The Fed had to stop QE, mainly because it was competing for collateral; buying up
Treasuries which otherwise would provide collateral to the main financial engine, the
REPO market.
Deficits dropped because they were frozen in law. So theyve had cover to the slow the
rate of change in the balance sheet. Every central banker knows that you better not fund
too much of the deficit with your own bonds.
Each slowing down threatens both the stock market and housing bubble. If they raise
rates - those markets could implode very quickly. This is their dance.
The Fed and the entire financial-political landscape want the market to stay elevated.
Someone at Eccles probably wrote a paper outlining a new way to do more and still have
the Fed owning a massive chunk (at least 35%) of the Treasury market.
Zero percent means they have to go right back into QE when they already own too much
of the Treasury market (35%).Oops. 10-20 percent decline in equities would not be an
implosion.
If you look closely enough, you can see the writing on the wall. Each time the Fed has
slowed the rate of its asset purchases, things start falling apart.
A 13-week rate of change (ROC) of zero in the balance sheet, correlated with a -15%
physical silver. This is despite the debate over whether this is ultimately bullish or
bearish--short or long term. (It would be one thing if it were a 100% bullish action. Bias
would then factor in much more deeply.)
Silver is obviously the linchpin. This can be seen using the raw data from the
Commitment of Traders report across the commodity futures universe, where the
concentration of a selling position for silver is much greater (and had been for years) than
any other commodity.
When this begins to unravel, the collateral damage, as a result of panicked buying, could
very likely trigger panic across the market continuum and beyond. Think about it. No one
will have seen it coming people are only programmed to see skyrocketing prices after
the fact.
JPM not only controls the linchpin, but they have the physical to back it--or at least the
confidence.
They could let the price return toward natural levels and reap the rewards enough to
shield them from the next bailout or subsidy. They come out looking prudent--and of
course consolidating evermore political and financial power.
For more articles like this, including thoughtful precious metals analysis beyond the
mainstream propaganda and basically everything you need to know about silver, short of
outlandish fiat price predictions, check out http://www.silver-coin-investor.com