Monday, April 15, 2013

Justin Trudeau, Born To Run

As expected, the Cyprus assault upon wealthy investors has spooked the markets, Cyprus banks needing even more assistance than previously stated are selling off precious metal holdings, the results have sent panic through the market, all major indexes in panic mode..

Oil down below $90 dollars..Silver seeing new lows, Copper falling as well...

And the big shocker, Gold fever panic..

Gold down nearly 10%...Falls well below $1400 per ounce...

The jubilant markets of late were mere smoke and mirrors, reality is setting in, stagnant growth, high unemployment around the world, the masses getting poorer while wealth is concentrated in too few hands..


Gartman on Gold: We’ve Never Ever Seen Anything Like It

Published: Monday, 15 Apr 2013 | 7:53 AM ET




Gold prices continued to plummet Monday on concern that Cyprus will have to sell excess reserves of the precious metal to raise about $522 million to help finance that country's $13 billion international bailout, Dennis Gartman, editor of The Gartman Letter, told CNBC.
"There are a lot of people throwing up their hands. Throwing positions overboard. Panic is everywhere," Gartman said in a "Squawk Box" interview on Monday. "I've never seen anything like this. I mean it."







You can`t austerity your way to prosperity, you can`t keep taking from the middleclass, you can`t cut services, pensions, you can`t continue to protect the fat Wall Street type cats who stole the world`s wealth..

Congratulations to Justin Trudeau..I wish you well..

As as told here at The Straight Goods....The Harper smear machine attack ads against Justin Trudeau started today...How predictable these rightwing smear slimers have become..Also, as stated here, the attack ads against Justin Trudeau won`t work, they will actually drive more voters towards him..

Harper`s attack ads claim(while playing clown music) that Justin Trudeau has no experience, he was a whitewater rafting guide, a drama teacher, another ads show Justin Trudeau with no shirt on..

Well my friends..

It`s economists and corporate owned leaders who totally screwed the world..

I think it`s time to boot economists and corporations out of the premier`s and president`s offices around the world..

The Straight Goods

Cheers Eyes Wide Open


Win said...

Jarvis Cocker said it well in his song
C***s Are Still Running The World

kootcoot said...

Grant, Paul Craig Roberts, former Asst Sec. of Treasury under ReThugs has a great piece on what is going on with gold here:

He points out that "the Fed is rigging the bullion market in order to protect the US dollar’s exchange value, which is threatened by the Fed’s quantitative easing."

Paul goes on to point out that:

"According to Andrew Maguire, on Friday, April 12, the Fed’s agents hit the market with 500 tons of naked shorts."

Do you know how many ounces there are in 500 tons? 16 million ounces or just shy of 25 trillion dollars worth at the current price of gold.

With the drop of $73 dollars an ounce sellers lost over a trillion already, and only he who can print money can afford to take dem kind of losses.

No wonder the wizards who would try to run the world are trying to distract us with (purposely - apparently) low level bombs in Boston and playing gotcha with the pudgy weirdo in Korea.......

Grant G said...

Very interesting Koot..I was wondeering about the Boston bombs..In Iraq, in Afghanastsn..

Bombs the size of a suitcase or smaller kill hundreds of people, including flak jacket wearing armed forces..

Something is indeed up..

The Cyprus bailout..Stephen Harper putting the framework in the last budget..

There was specific language in the budget..The term ..

"Bail in" was frameworked, that`s the term Cyprus used to justify looting the bank of depositor money..

The 2008 bailout of Wall Street ..

$26 $trillion dollars invented on paper, all to bail out the thieves, that would indeed devalue the US Greenback..

Inflation would run wild, the US dollar worthless..The gold standard to be used as a reserve currency, ..Unless you drive the gold market into the tank, thus preserving the US dollar as the world`s currency..

What better way to take the biggest gold sell-off in history off the front pages then by the tail wagging the dog..

It`s all Boston, all terrorism, it`s all look the other way while the financials get hammered..

Yes indeed..

Another false flag attack, this attack just wiped out $2 trillion dollars in gold wealth, another $2 trillion in silver, coppper and precious metal value..

Indeed, something is cooking, hope Michael Campbell and Michael Levy got wiped out..


istvan said...

The merchants...They seem to have more power than they deserve.