Showing posts with label Goldman Sachs. Show all posts
Showing posts with label Goldman Sachs. Show all posts
Tuesday, September 27, 2011
BE PATIENT!!!!!
George Offerman
I’ve had several people comment on or more apt “freak out” over the steep decline in the price of silver in the past few trading days. Despite the fact I have warned the readers of this blog that the precious metals are a most volatile market (and highly leveraged and manipulated) the precious metals have been in an 11 year bull market that is nowhere near its conclusion. In fact, it has barely started and will take off with great earnest in one solid direction (up) once the average individual gets the scam that paper money really is, and that the green in one’s wallet is as worthless as expired lottery tickets. This day of reckoning is most likely much closer than any of us think, and it will be then that many who are now ‘freaking out’ will be extremely grateful they acted when they did.
When markets are volatile, is when people need to use sound judgment and reasoning, and not act on raw emotions. For instance, those who emailed me yesterday when silver dropped to $27 and change are silent now that silver is above $32. I know that I was looking for more money over the weekend, hoping to get a purchase order in before the market did what it did, and unfortunately, was unable to get my hands onto enough to get me more. However, I do know through very reliable sources that many of the dealers are short of metal now, as the buying has been very intense. The smart money is buying on dips as in the past few trading sessions, and it takes that much more of the metal off the markets, which only hastens the ‘day of reckoning’ that is soon to visit places like the CRIMEX and the bad people as in the money powers.
So for the sake of sanity, I will run through some information for those who are in ‘freak out mode’ and it will give one a framework in which to place days like the past few, in a proper context. So here are some questions one can ponder in order to assess the current happenings.
Q: What happens when an individual, corporation, or country chronically spends more than they take in? A: they go broke and default due to unsustainable spending and debts that cannot be repaid.
Q: What has more value, an item that is limited, and its number reduced on a daily basis, or something that can be created at will and can be increased at will? A: the item that is limited and decreasing in availability.
Q: Which form of money has been universally used successfully over nearly all of recorded human history? Is it: a) paper money, or b) precious metals? A: b precious metals have over a 6,000 year history and only in the last 40 years has it been removed from the monetary system of the whole world.
Q: Has any country, in the history of the world ever defaulted when using precious metals as money? A: no, none recorded in human history. However, there are numerous incidences in which gold and silver coins were debased using other metals, and this caused economic crashes in these cases.
Q: Has any country in the history of the world ever defaulted when using paper currency as money? A: yes. In EVERY RECORDED CASE paper money has failed.
Q: Which is our government making more of: a) paper money, or b) precious metals? A: a) paper money. Precious metals can’t be made.
Q: Which is harder to come by, paper money that takes little effort to print, or precious metals that must be discovered, mined, refined, coined and delivered? A: precious metals.
Q: Can you eat gold and silver if you’re hungry? A: no, but you can’t eat a $100 bill salad either.
Q: When food is scarce, what will be a medium of exchange that most will accept as payment is it: a) paper money in ever increasing denominations or b) precious metals, which has held its value for time immemorial? A: b) by far.
Q: Where then, is the safest place to store my wealth or put for the security of me and my family in times of inflation or hyper inflation: a) precious metals or b) paper money and treasury bonds? A: precious metals because they cannot be printed or counterfeited.
These are some of the questions that ought to help someone who is experiencing doubts about his purchases of precious metals, or is contemplating purchases. Many commentators are claiming the fall had to do with the technical charts showing an overbought position, and as a result, the price of the precious metals needed to come down. However, these same people are not commenting on the technical charts that have shown an oversold condition in which the dollar ought to be rising but has been steadily dropping for over five years.
The fundamentals of both precious metals and the dollar have not budged one inch. The dollar will continue in free fall because we are printing and spending more dollars than what exist, and this is an unsustainable position to be in. The precious metals will continue going up because they are finite, and have represented money from the dawn of time. Soon, both gold and silver will take its rightful place in the world's markets, and then it will be seen as what it truly is: precious metals.
Finally, I'm attaching a link to a video that everyone ought to see. This trader is admitting a crash is coming, but even more incredible is his admission that governments don't run the world, but the money powers, specifically Goldman Sachs.
http://www.silverbearcafe.com/private/09.11/speechless.html
Thursday, April 22, 2010
VERY BAD SIGNS IN THE (FINANCIAL) HEAVENS
George Offerman
For those of you who want to read exclusively those items that are straight up about legalized child killing, you may want to skip this post. I have made the case that what the money powers are doing is very related to legalized child killing, and believe this information is relevant to the living. I also have made a commitment as a pro life defender, that defense of life is from conception to grave , so in this light, I believe this is very relevant to our cause.
There have been two very recent events that have somewhat startled even the most prudent of money power watchers, and it seems like there is a very high likelihood that these are warning signs that should be taken very seriously. If these signs are accurate and point to what they seem to be pointing to, there will be a dramatic shift in the way that we live our day to day lives and how we go about earning and paying for our daily bread.
The first was Ted Butler’s testimony in a closed session with the CFTC concerning the manipulation of the Silver markets, primarily by the understood ‘secret’ holder of the concentrated short position JP Morgan. This is very surprising in that Mr. Butler has been hammering away on this topic for 20 years, and all of a sudden, this body who has been minimizing, and at times accused Mr. Butler of basically every kind of distortions under the sun, wants to now know what he knows, and appears to be on the verge of limiting the maximum number of short positions held by a single entity. This move, will in effect, destroy the manipulations in these markets, and set them free.
This is very telling, due to the fact that by allowing the manipulation to end, the price very well may explode, and reach levels that only some have dreamed of. Now why, one may ask, is this occurring? Due to the physical shortage of the metals, and the money powers know it. The money powers understand clearly that if the metals take off, it is game over for the fiat currency. However, as powerful as the money powers are, they are not alchemists, and cannot produce gold and silver on a whim, and even they are subjected to God’s creation limits on these metals.
The money powers will need a whipping post to pin the blame on the run away metals prices, and the CFTC will be the poster child for this, with a close second being pinned on those ‘greedy’ bullion holders and owners. This seems to be the first lynch pin of two that may very well lead to the down fall of our economic system.
The second is the fact Obama is now going after one of the truly untouchables, Goldman Sachs. One needs to be very clear: Obama works for the money powers, not the other way around, so one really needs to read between the tea leaves on this one. Goldman Sachs, along with JP Morgan, runs the western hemisphere as far as the money powers are concerned. The only true entities on the planet with the power to take down Goldman Sachs are the House of Rothschild in Europe, and David Rockefeller’s JP Morgan/Chase or both of them together. It very well may be that the money powers are in such a situation that one of the two entities needs to be sacrificed for the good of keeping dominance over the state of affairs in this hemisphere. Due to Rockefeller’s status in the money power hierarchy, it will not be his institution, JP Morgan/Chase
In looking at the Who’s Who of banking, the Department of Treasury, Federal Reserve, and other positions in government, Goldman Sachs alumni dominate these positions, and have for decades now (this is verified in the public domain, and is not conspiracy material). Not only is Goldman Sachs involved in the majority of the financial dealings within the government, they are the prime movers in making them happen, then become one of the largest recipients of the moves, the epitome of ‘conflict of interest’. It was Goldman Sachs alumni who pushed the ‘stimulus’ package, and they have received untold billions of taxpayer dollars to bail out their derivative debacle, and the Federal Reserve is covering the tracks by denying a congressional demand that they expose the entities names who received the $2.1 TRILLION in secret funding.
In both of these instances, the money powers have to make it look like the government is taking the necessary steps in ‘discovering and halting’ these two market manipulations. However, both the metals market, and the derivatives markets are DOOMED to failure, and both will self destruct in grand fashion. If the government did not ‘intervene’, the money powers would be fully exposed for all to see, and their ‘matrix like’ existence would be over. It would be quite the admission by the money powers if the above scenario is accurate, because it would finally demonstrate that these people and entities do not have total control over the markets, and the world population like they think they do. These are events few expected to see, and still so close together. Goldman Sachs, the lead holder in the .5-.8 Quadrillion (500-800 Trillion) derivatives market, and JP Morgan the largest concentrated silver short holder in the precious metals market, both having to give up their positions. They don’t want to, but the walls are closing in on them, and something has to give.
It is the forces of God first and then the free markets that are forcing the hands of the money powers, and they are desperate in finding an exit strategy that will minimize their pain and chances of getting caught. These moves will be made only due to needing to get out of town before the financial nuclear bomb goes off. If Goldman Sachs is to be sacrificed for the sake of keeping the financial realm intact for a few more seasons, it will mean Rockefeller has only JP Morgan left, and he will be a one trick pony. This is truly a monumental moment in history and if true, is (pun intended) a golden opportunity to take back the monetary system of this country. The key to defeating the money powers is knowledge, numbers of people, and emptying their coffers of all the precious metals we can get our hands onto. The time may be extremely short in obtaining any metals, and must be done with great haste.
For those of you who want to read exclusively those items that are straight up about legalized child killing, you may want to skip this post. I have made the case that what the money powers are doing is very related to legalized child killing, and believe this information is relevant to the living. I also have made a commitment as a pro life defender, that defense of life is from conception to grave , so in this light, I believe this is very relevant to our cause.
There have been two very recent events that have somewhat startled even the most prudent of money power watchers, and it seems like there is a very high likelihood that these are warning signs that should be taken very seriously. If these signs are accurate and point to what they seem to be pointing to, there will be a dramatic shift in the way that we live our day to day lives and how we go about earning and paying for our daily bread.
The first was Ted Butler’s testimony in a closed session with the CFTC concerning the manipulation of the Silver markets, primarily by the understood ‘secret’ holder of the concentrated short position JP Morgan. This is very surprising in that Mr. Butler has been hammering away on this topic for 20 years, and all of a sudden, this body who has been minimizing, and at times accused Mr. Butler of basically every kind of distortions under the sun, wants to now know what he knows, and appears to be on the verge of limiting the maximum number of short positions held by a single entity. This move, will in effect, destroy the manipulations in these markets, and set them free.
This is very telling, due to the fact that by allowing the manipulation to end, the price very well may explode, and reach levels that only some have dreamed of. Now why, one may ask, is this occurring? Due to the physical shortage of the metals, and the money powers know it. The money powers understand clearly that if the metals take off, it is game over for the fiat currency. However, as powerful as the money powers are, they are not alchemists, and cannot produce gold and silver on a whim, and even they are subjected to God’s creation limits on these metals.
The money powers will need a whipping post to pin the blame on the run away metals prices, and the CFTC will be the poster child for this, with a close second being pinned on those ‘greedy’ bullion holders and owners. This seems to be the first lynch pin of two that may very well lead to the down fall of our economic system.
The second is the fact Obama is now going after one of the truly untouchables, Goldman Sachs. One needs to be very clear: Obama works for the money powers, not the other way around, so one really needs to read between the tea leaves on this one. Goldman Sachs, along with JP Morgan, runs the western hemisphere as far as the money powers are concerned. The only true entities on the planet with the power to take down Goldman Sachs are the House of Rothschild in Europe, and David Rockefeller’s JP Morgan/Chase or both of them together. It very well may be that the money powers are in such a situation that one of the two entities needs to be sacrificed for the good of keeping dominance over the state of affairs in this hemisphere. Due to Rockefeller’s status in the money power hierarchy, it will not be his institution, JP Morgan/Chase
In looking at the Who’s Who of banking, the Department of Treasury, Federal Reserve, and other positions in government, Goldman Sachs alumni dominate these positions, and have for decades now (this is verified in the public domain, and is not conspiracy material). Not only is Goldman Sachs involved in the majority of the financial dealings within the government, they are the prime movers in making them happen, then become one of the largest recipients of the moves, the epitome of ‘conflict of interest’. It was Goldman Sachs alumni who pushed the ‘stimulus’ package, and they have received untold billions of taxpayer dollars to bail out their derivative debacle, and the Federal Reserve is covering the tracks by denying a congressional demand that they expose the entities names who received the $2.1 TRILLION in secret funding.
In both of these instances, the money powers have to make it look like the government is taking the necessary steps in ‘discovering and halting’ these two market manipulations. However, both the metals market, and the derivatives markets are DOOMED to failure, and both will self destruct in grand fashion. If the government did not ‘intervene’, the money powers would be fully exposed for all to see, and their ‘matrix like’ existence would be over. It would be quite the admission by the money powers if the above scenario is accurate, because it would finally demonstrate that these people and entities do not have total control over the markets, and the world population like they think they do. These are events few expected to see, and still so close together. Goldman Sachs, the lead holder in the .5-.8 Quadrillion (500-800 Trillion) derivatives market, and JP Morgan the largest concentrated silver short holder in the precious metals market, both having to give up their positions. They don’t want to, but the walls are closing in on them, and something has to give.
It is the forces of God first and then the free markets that are forcing the hands of the money powers, and they are desperate in finding an exit strategy that will minimize their pain and chances of getting caught. These moves will be made only due to needing to get out of town before the financial nuclear bomb goes off. If Goldman Sachs is to be sacrificed for the sake of keeping the financial realm intact for a few more seasons, it will mean Rockefeller has only JP Morgan left, and he will be a one trick pony. This is truly a monumental moment in history and if true, is (pun intended) a golden opportunity to take back the monetary system of this country. The key to defeating the money powers is knowledge, numbers of people, and emptying their coffers of all the precious metals we can get our hands onto. The time may be extremely short in obtaining any metals, and must be done with great haste.
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