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Message: It finally all falls in place (but what a crime)

It finally all falls in place (but what a crime)

posted on Nov 14, 2008 03:18PM


I notice there is despair among the most savy investors. Still, we all know what is happening, so don't panic and stay the course for a few more days/weeks.

The inverse pyramid called credit derivatives was based on state of the art modelling, but it came down in an instant, the moment the weakest link broke.

The various currency carry trades thrived during years, but came down in an instant, the moment the weakest link broke.

The ultra-complicated gold and gold mining shares rigging model will soon break apart, when the weakest link breaks.

It appears there are various weakest links in the gold rigging complex, that are about to break down all at the same time:

- we have the dollar about to break apart (if supply/demand theory still applies)

- we have the Comex about to surrender due to the depletion of its inventories (with or without the Chinese buying interest)

- we have a first wave in retail buying meeting lack of supply by the Mints

- we have the Central Banks stopping their gold selling and leasing given the sudden need for a new form of gold standard

- we have gold production getting its biggest hit in many years due years of price fixing of gold and due to the lack of new mines coming on stream

- we have a political establishment that is forced by the crisis to listen to the suffering masses instead of to the banking lobby

The gold market rigging model has been stretched to the limit and one of these weak links will inevitably and very soon cause massive market disruption to immediately trigger a break of all the others.

The fascist forces behind this scheme know they have little time left to get hold of what they most want: physical gold and the mining shares.

They are right now playing their last card and will buy everything on the way up to cover their short positions and acquire what they don't own yet.

The unknown factor for me is the size of naked short positions in mining shares. They are most probably owned by the same group of predators, but who knows they are not all collaborating together.

I never believed that it would be possible for any market collusion to go as far as these people went. If I would have known how powerful these people are, I would never have invested my money in these socalled free markets. I sincerely hope one day justice will be done and these people will be sentenced for the crimes they committed.

But first I want to witness, what this almost endless rigging game gives, when it abruptly ends.





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