Cara on Gold, Manipulation & 'The Trade of the Century"
posted on
Oct 19, 2008 02:48AM
Crystallex International Corporation is a Canadian-based gold company with a successful record of developing and operating gold mines in Venezuela and elsewhere in South America
Tough to follow that post by Fit4Ever...but here is an old post (Feb. 7, 08) from Cara's blog that I stumbled across in my 'saved documents' file. By all credible accounts (at least people that I follow)...Cara, Sinclair, Puplava, Dooty, etc...the 'Trade of the Century' is upon us NOW. If you feel lucky and have some dry powder left...it's Game #7 of the championship series...fourth quarter....tie game...one second showing on the clock...the ball is passed to you...a big 7 footer is running at you with his hands in the air...your feet leave the hardwood as you size up the rim and the ball leaves your hands in a slow motion trajectoy toward the basket...
Today was for me one of those back-breakers for trying to answer 500+ e-mail's. It's almost 10:30pm and my day started at 4:30am. I'm whipped. Thank you for zeroing in on the most significant discussion any of us can have for the next couple months.
Implicit in my call for the TRADE OF THE GENERATION, ie, sell Bonds and buy physical gold, is (i) a presumption that no BIG trade goes down without HB&B participating on the profitable side, and (ii) timing is crucial, I think you are asking the right questions and looking in all the right places for answers.
I have stated that although I think this trade opportunity will soon occur, I don't know when. I do think it will happen when the Interventionists make it happen and, sadly, that will happen when those people, Family & Friends, are well positioned.
For the skeptics, please don't belittle everything I am trying to do here by suggesting that I am just another conspiracy theorist. Don't waste anybody's time by going down that road.
The fact is that capital markets are not transparent and they are manipulated. We know by whom.
Mitt Romney was prepared to spend a couple hundred millions of his own money to put him in control of "them" and today he had to admit that the people yanking the chain of a 72 y.o. former warrior are the Gnomes in control. So they already decided that the power of the Exec Office is not going to Mitt.
The Gnomes only have nine months of power to pull the chain of their President, and they will decide when they are ready to spike bonds higher and gold lower, and set up themselves (and their future generations) with immense wealth by making that TRADE OF THE GENERATION.
Not being in the room, we are not in the deal. All we can do is watch the POG and the $TYX.
When those prices spike in opposite directions, I say put your pedal to the (yellow) metal. You (and "they") will be rewarded beyond belief. Yes, we are about to see the biggest transfer of wealth (from the masses to the classes) in the history of the world.
As a trader, I will totally ignore the disinformation on Financial Entertainment TV at the time this trade is going down, and I will be 100-pct focused on the price data. You must be as well.
Posted by: Bill Cara at February 7, 2008 10:27 PM