The Goldsmiths--Part XIV

By R. D. Bradshaw

If commodity futures market investors tried to follow my advice on grains during the last four months, they would have lost money (as I have). While the trouble started in spurts from March to Aug, it really got bad the week of Sep 1, 2008 when the manipulators took almost everything down in a hard crash (the grains, softs, oil, gold and silver were all hit hard). I admit that I had it wrong that week.

But in looking at the so-called investment advisory services, most of them likewise made major mistakes in their calls from Mar to Sep and particularly during the week of Sep 1. The only ones that were on track during this period seem to have been those that recommended that clients completely stay out of the futures market. Here, I must acknowledge that stance by Alex Wallenwein in his EURO Dollar monitor. Perhaps there were others.

Some Possibilities on Some of Them

Yet, there are a minority few brokers who have been successful on making some right calls this year. Despite what the evidence suggests, there are people out there who believe that such brokers and advisory services making the right calls did so because they are absolutely brilliant people able to understand the markets; because of the god good old luck; and/or because of psychic powers that they may allegedly possess.

However, much of that thinking will not hold up to a careful examination. We can rule brilliance out because neither fundamentals nor technicals explain the markets this year. And certainly, there is no basis to attribute the right calls to good old luck. Even the psychic stuff won’t measure up to logic and common sense. The only plausible explanation left for any right calls is a tip off from the people doing the manipulations. Yes, that’s all that makes sense.

Thus, I would allow that possibly there are some commodity market advisory services which might have anticipated the collapse this summer. But it would likely have to be those linked in with or getting tips from the manipulators.

I also would suppose that people locked into the occultic world might attribute the good calls to involvement in the psychic world in some way that they could tune into the thinking of the manipulators.

And finally, for those who insist on luck, maybe the right calls were made by the chance throw of the dice (which they would call luck). Maybe such people, if they are out there, could have called the play right. But I am reluctant to believe that there are brokers or services like that.

When one omits these unlikely alternatives, that only leaves previous knowledge and tip offs on what is coming down the pike. This is my explanation for almost all broker or service calls which have been right this year.

Anyway, since the intelligent thing to do is to stay out of investing (note the word investing and not trading which is a different matter) in the futures market while the manipulators are massaging it, I have adopted that stance for the present (clearly, that is the best thing to do unless and until the manipulators lose control, which hopefully will happen one day).

Pre-Knowledge

Despite the problems which market advisory services have had the past four months, the big banks and participating brokerage houses have made absolute fortunes. How? Obviously, they have had prior knowledge of which way the dice would roll and used that knowledge to work the markets (again, some would foolishly call this luck, but I would suggest that there was no luck involved; it’s all about pre-knowledge).

In previous Goldsmith articles, I have already outlined some of the proofs that the Fed, big banks and certain selected brokerage houses are participating in the scam and rip off of investors like you and me. This present discussion will continue that vein.

Let me start with the work of several writers on Silverseek.com (like Jason Hommel and Ted Butler) which document and lay out the reality that two big US banks were short some 25-30% of the world’s supply of silver all the while that silver prices collapsed.

Now some will take this reality and conclude that these banks were just extremely intelligent and wise investors who could read the fundamentals and technicals (except the fundamentals and technicals do not explain what happened). And if you believe that then you probably still believe in the tooth fairy or you are in the market to buy a bridge in Brooklyn (per an old saying I have heard all of my life).

With the work of silverseek.com to document the manipulations by the big banks and with the work of GATA, Deepcaster and others to establish the crooked operations of the Fed, and thru the presentations of Goldsmiths, Parts I to XIII, the manipulating participation of various central banks (like the Fed) and several big commercial/investment banks is thoroughly established.

The Participating Brokers

The only participants which have not been extensively addressed are the several big brokerage houses which also join in to plunder, steal and rip off as much as possible from the gullible suckers.

So, Goldsmiths, Part XIV, will offer some more evidence on the several participating brokerage houses to establish that they too have been sharing in the illegal and dishonest plunder of commodity investors. For this presentation herein, my sources of information are some six key brokerage houses in the US and Israel.

The market analyses and recommendations of one of the six proves that it has not been blessed with any tip offs from the manipulators. This one, in Chicago, has generally been wrong and missed most of the key events on-going since mid March 08. There is another one in Chicago which also has had problems. It bats about 50%--with some calls right and some bad. I believe that this one does have some links with the manipulators but the ties probably are not great.

The other four brokerage firms in the US and Israel appear to all have substantial ties to the manipulators. One of these firms keeps a low profile but the other three are big in the commodity world with their analyses and recommendations (as I will detail below).

On Aug 20, 2008, Goldseek.com posted The Goldsmiths, Part III, which said: “Several months ago, when the US dollar was hanging at about 71 and people familiar with the fundamentals were predicting a fall to 68, some informed brokers and analysts were actually building a case for a dollar at 75-77. At the time, I thought a dollar index at 75 was madness. But that just shows how uninformed, naïve and ignorant I was. Now that I have been exposed to the inner-working of this team of conspirators, I can see that they were working with a schedule back then showing that a 75-77 dollar would become a soon reality.”

The time period involved was the spring of 2008. In that context, some people would indeed argue that the brokers involved were brilliant people able to read the fundamentals and technicals and see that the dollar was undervalued.

But I submit that there were no fundamentals or technicals in existence then to support that hypothesis. Instead, the fundamentals and technicals were spelling out a dollar at 68 (or below). Yet, given time, the dollar did reach 75-77 this past summer (and it has stayed there or above that level for many weeks since).

Going on in Goldsmiths, Part III, as posted on Aug 20^th, I said: “Let me mention that the present objective on the dollar is 80 for the index in Sept 2008. This schedule says the dollar will remain strong for the rest of this year into 2009.” Well, this prediction came true the week of Sep 8 when the dollar actually went over 80.

Now some of you may want to say that the Bradshaw fellow is brilliant reading the fundamentals and technicals while others would attribute it all to good old luck.

Well, too bad, but all such options are wrong. I took the 80 projection from commentary from an advisory service which had, I believe, been tipped off by a large brokerage house linked with the manipulators. This happened last June. Who could have ever predicted an 80 dollar index in Sep 08? For sure, one would have to have inside information for such a call.

In an Aug 27 email from me to Goldseek editor Chris Mullen, I said: “The FOMC meets on Sep 16 so they will do some things near that date and I saw some time ago a turn date on Sep 1-2, but possibly they have slipped it a few days or abandoned that one now.” Well, I was right and wrong. The big crash started Sep 1-2. But I was wrong to allow some slippage.

Of course, there are people out there who deny market manipulations. These persons would like to say that I am brilliant on fundamentals and technicals or extremely lucky. Well, the truth is none of the above. I saw that date on a schedule given to me by an acquaintance that just happens to have close ties to a brokerage firm on the list of the conspiratorial manipulators.

Out of respect for the confidentiality of my acquaintance, I have chosen to not make his name known herein or even to publicize the dates he gave me in confidence for late May to early Sep. I anticipated the slippage because this person gave me a later schedule which did not show the Sep 1-2 turn-over (meaning that I am now free to cite it). Thus, I incorrectly thought that maybe it had slipped.

More

In this same email to Chris Mullen, I wrote on Aug 27^th: “It seems to me that they would like to take gold down to $700 if possible this fall. While I don't personally see how that is possible, I have seen that projection from one of their players although they likely are going to let this bounce go a few more days to bring in more suckers to try to dump on (I say this because they had a turn date down on Aug 22-25 which was not very large and it now seems to have stabilized and/or bounced back).”

Yes, back in Aug I saw a projection from a person with links to a large brokerage firm who predicted $700 gold (when it was then above $800). I could not believe it. But we reached the incredible $742 level in early Sep.

I must add here that another person linked to a large participating brokerage firm even came out with a prediction of silver at $9.00. And we have been close to that one as well at the $10 level.

In respect to the predictions of $700 and $9, which were not reached, it must be said that these were projections which were simply targets that are not always reached. As noted earlier, it appears that the actual price levels reached depends upon the market and public reactions (if this is true for these early Sep take-downs, it means that they hit some tough resistance at $742 and $10 and decided to quit there).

But in watching the manipulators at work, I have found that if they fail to hit their projection down on a crash, they keep that same price objective alive for the next time they bring on a down oscillation. In other words, they don’t necessarily give up on it.

Of course, we know that there are people out there who would say that I and/or my informants are absolutely brilliant people based on an analysis of fundamentals and technicals; or alternatively, we all are just lucky.

But in truth, I must say that’s all hogwash. I am merely a reporter and am passing along ideas I have received from others. And the reason my informants know is because they are linked to large brokerage houses which participate in the Rothschild directed conspiracy to rip off commodity investors.

On Sep 4, 2008, Goldseek.com posted Goldsmiths Part VII. It said:

“Back in mid Jun 2008, a broker in Chicago offered a recommendation to sell the Canadian dollar short on technicals. Based on technicals, it was a good recommendation. Quickly, after posting it (even before it hit its protecting stop up), the broker issued a rescinding message saying that the technicals had totally changed and that instead of going down the Canadian would actually go up.

“And before persons selling the Canadian could receive his message and act on it, the Canadian did rapidly appreciate through very obvious market manipulation (and it stayed up for several weeks thereafter, making it very difficult to cover existing shorts).

“A few days later, a related type of event happened with the Japanese yen where the same broker recommended a sell and he was almost immediately wiped out with a spike up which was clearly a manipulating fake move designed to take out stops.

“I know it was embarrassing for him to have to reverse himself after putting out his recommendations; so my guess is that he probably made both recommendations originally in good faith. On the yen, he honestly admitted later that he fell into a trap. On the Canadian, he likely received an insider tip that the manipulators would boost it just after he made it (since the broker involved may have some ties to the manipulators, it is reasonable that he would sometimes receive tips).

“While different explanations may exist for the plays, one must allow that maybe the manipulators purposely double-crossed the broker involved (they sometimes do double cross each of other, as a matter of fact). Or alternatively, some skeptics could make the argument that the broker was on the team from step one and that he merely was pulling the suckers into traps (which I do not subscribe to in these cases).

“There is another interesting case from Israel where an analyst there made a recommendation to clients on Jul 25, 2008, at about 1 AM NY time (about 8 AM Tel Aviv time), that the pound was going sharply up and traders with BP shorts should immediately cover their shorts or get some stops in place to cover them.

“Well, by 8-9 AM NY time, the pound did spike up in a fake/false move which lasted a little over a day. Then it quickly came back down. As I have stated earlier, one must be careful of the manipulators as they are prone to make fake moves up or down to take out stops. And that’s what happened with the pound (on Jul 25). The manipulators spiked it up and took out some short-covering stops. They then spiked it back down, or allowed it to fall back down…

“Without a doubt, both of these sources have some access to the manipulating network used to keep the players informed on what will happen in London or NY. Yet, I believe the recommendations I received from both of them were honest mistakes. But honesty and integrity are not my points here.”

It goes without saying that there are people out there who would read the above and conclude that the events described did not happen because of market intervention; but rather because of changes in the fundamentals and technicals in a matter of a few hours. Again, I say hogwash.

Some Conclusions on the Brokers

To conclude this presentation, let me note that there are a number of commodity brokers, with a couple of the really big commodity firms, who periodically publish their analyses and recommendations on the Internet to the public. In watching these persons, some bat 100% and some maybe 80-90%.

A classic illustration of one with apparent inside knowledge surfaced the weeks of Aug 25 and Sep 1 when the person came out and publicly recommended sells on a whole list of softs and grains.

I often look at this person’s words because they demonstrate an uncanny linkage to what the manipulators are planning (not 100% all the time, but amazingly around 85% of the time; allowing that perhaps some of the miss recommendations are purposely deceptive to bring more suckers on board to be hit by the manipulators).

With these recommendations from this excellent source, I should have had brains enough to know at once that a big crash was coming in early Sep. But somehow I didn’t appreciate this wisdom from the apparent insider.

In a world made up of conspiracy and market manipulations, it is impossible to have that batting average of success; unless the analysts have access to tip offs in advance. And in terms of the occasional mistakes made by one of these persons, such mistakes may be intentional ploys designed to bring the suckers on board so they can be hit even harder.

The Bottom Line

Once the student of truth grasps the extensive market manipulations on-going, it is not hard at all to watch the procrastinations of the various brokers and analysts and see at once whether they are in the loop on the conspiratorial tip offs or not.

Those that have often been wrong this year probably are not in the loop. Yet, those with high batting averages almost certainly are getting some good tips to guide them in making their procrastinations.

It should not take many brains and/or much understanding above the idiot level to see at once that recommendations of a dollar at 80, oats at $3, wheat at $7, gold at 700 and silver at 9 could not possibly be made on the premise of fundamentals and logically not even valid and legitimate technicals. Something else is called for.

The only possible explanations for such outrageous predictions in the summer of 2008 have to be previous tip-offs of coming manipulations. Investors need to wake up and use some IQ when looking at this stuff.

The bottom line is that one must be on the tip off list to really have much knowledge and understanding on the markets. Those of us without the inside links are finding it almost impossible to make money as an investor in the futures markets.

For More Reading/Information

For more reading on this issue, the reader may wish to check these sources:

The bestseller: “None Dare Call It Conspiracy,” by Gary Allen and Larry Abraham, first published in 1971, still available on eBay, Amazon and other book outlets.

“Tragedy and Hope,” by Carroll Quigley. At the 1992 Democrat Convention, Bill Clinton’s acceptance speech cited Quigley as Clinton’s mentor.

An Internet presentation on the Plutocrats, at Volume XXII of “Ezekiel and YHWH’s Judgment for the Good People,” at www.age-end.com on the net.

This writer has recommended the above three books on numerous occasions both here in this Goldsmith series as well as otherwise. The reason for the frequent cites is because I believe that these three books best explain how there is a plutocratic conspiracy on-going which controls nations and manipulates financial markets for their own profit and gain purposes.

The author is not involved in the securities or financial market business and has no financial interest in presenting the information herein. Hence, the preceding information on this subject is presented for general information only and not for purposes of investment advise or recommendations. What the reader does on investments is his own personal decision and responsibility.

Finally, the writer of this series is a retired CPA, living in the Idaho Mountains, and still optimistic for the future of gold and silver. He is also a veteran of the Korean and Vietnamese Wars.

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