Link:http://kingworldnews.com/propaganda-alive-well-situation-west-continues-deteriorate/

Snippet:

"There is no real price discovery going on in any markets any more — it’s all being so wildly manipulated. And there is so much misinformation coming out of the mainstream media….

"Here is one classic example: An individual from CIBC World Markets said, ‘There’s global demand for high yielding, high quality assets, and the only one that’s in the game is the U.S. bond. People continue to undervalue it.’

I think this will be seen in the fullness of time as one of the most absurd statements ever recorded. The U.S. is by far the world’s largest debtor, and the fact that it still retains its world reserve currency status is the primary reason that its paper retains any value whatsoever at this point.

So what we’re faced with right now is this recurring propaganda that is being reported in the United States that the U.S. economy is growing strongly and that job creation is robust. What utter rubbish. Everything is being falsified to keep this myth alive and keep the U.S. dollar and the bond market afloat.

So for somebody to say that this is the only game in town really shows the depth of stupidity that’s on display today. Part of this plan is the relentless suppression of the gold and silver prices. I think it’s reaching new levels of absurdity as we speak.

Comment:

Two things John Embry needs to keep in mind.

We live in a different world today than what he and I were born into.

The world has become much more sophisticated, but the overall system is still archaic.

Today, bankers have much more influence than they used to and even if, like me, you think they don't have the "smarts" to think properly, or are not old enough to understand what is considered wealth and what isn't, maybe it's us who are wrong, although I hope not.

They (the bankers) seem to exist in a different world than "us old fogeys".

"We live in interesting times."

Good Luck to all!