The
Goldsmiths--Part XIX
By R. D.
Bradshaw
Historically, most financial market investors have operated
with a mind-set that the financial markets are essentially controlled/influenced
by fundamentals and technicals. On
whether an investor should be buying or selling a particular item, some persons
would add something called a gut feeling to the mix. But generally, the question of worthiness has
depended on the fundamentals and technicals.
A Change
But slowly, in the 1930s, a new feature was added in the
currency markets with something that could be called intervention by the
Fed/Treasury as a result of legislation passed in the 1930s which authorized
something called the “Exchange Stabilization” fund or system to use a vast sum
of Federal Reserve Notes to influence, control and participate in the currency
markets (this thing was discussed in Goldsmiths, Part I).
We can be sure that the Fed/Treasury has fully exploited
their power and authority under this system to manipulate and control world
currencies ever since the 1930s. And we
can also be sure that insiders with the Fed/Treasury have tipped off their
cousins, relatives and friends with secret information on what was coming down
the pike. This allows this band of
crooks to continuously make gobs and gobs of money as the world currencies are
manipulated and controlled.
Then
in 1988, Ronald Regan did his part by establishing the “Working Group on
Financial Stability” (per executive order 12631 on Mar 18, 1988, popularly
known as the Market Control Unit or the Plunge Protection Team [PPT]). This unit of the Fed/Treasury operates in
collusion with the market-makers (the stock and commodity brokers making the
markets on the major financial exchanges) to buy or sell certain stocks, bonds,
currencies and/or commodities at certain times (also as discussed in the
Goldsmiths, Part I).
As
was true with the Exchange Stabilization Fund, the insiders with the PPT also
have the privilege of tipping off and keeping their cousins, relatives, friends
and associates informed on what the PPT will do at a particular moment in
time. These tip offs allow this
cabal/combine to work together to not only control the markets but it also
allows the insiders to make barrels and barrels of money and profits
(especially so since the whole manipulating program is directed, controlled and
coordinated by the powerful House of Rothschild).
Furthermore,
as discussed in the earlier Goldsmiths studies, one has to accept the reality
that the controlled media powers, the various exchanges and even the forces of government
are all on the side of the plutocratic manipulators (because they are cousins, relatives,
friends, colleagues or simply robot workers who are hired to take orders and do
as they are told). Remember, Bloomberg
is always on the side of the manipulators in making reports to the public.
Most
people can easily cite the tragedy of the manipulated government statistics to
prove how the government forces work with the manipulators. Otherwise, in Goldsmiths, Part VII, I cited
what the president did with wheat in the Bill Emerson Humanitarian Trust fund
in early April 2008. He sold $200
million worth of wheat on the open market to collapse the wheat prices.
This
was a grand act of manipulation by the US president to literally screw the US
farmers, most of whom voted for him. He
should have been impeached and removed from office over this adventure. But then, most of the US Congress is
controlled by the same plutocratic masters that control the US presidency. Hence that option was out.
So while there was the historical relevance of fundamentals
and technicals, they became less important as the interventionalists assumed
center stage to take over much or perhaps even all of the financial markets
involving commodities, currencies, and stocks.
I submit that today the driving force in the markets is this cabal of
insiders who have the unlimited funding of the Fed to intervene at will and make
items either go up or down.
While there is no denying that the role of fundamentals was
historically of profound importance, one can make a case that the role of the
so-called technical analysis was more limited.
The importance of the technicals is that there are perhaps a
hundred or more different types of analyses.
At any given moment in time, on a given item, it is easy to find
technical support to either buy or sell the item. It is sort of like statistics. The analysts can make the technicals say
about whatever they want. The same is
true with the statisticians who work to compile statistics on the operations of
the government.
Even in a collapsing bear market, one can build a case of
reaching a so-called over-sold level.
The same is true with an over-bought level in a bull market.
The point that must be made is that the so-called technicals
are ballooned up by analysts who want to sell their services to the
public. They try to make out that they
have a special technical analysis or slant which gives them an advantage over
their competing analysts. Hence, they
use this pitch to try to get customers for their services.
But for all that these analysts pretend to exist; one can also
usually find a contrary analysis which offers a different conclusion. Thus, I am hesitant about the value of technicals,
even in a free market situation. And in
a manipulated and controlled market, the value of technicals is very limited
(since the manipulators can make or break a market about whenever they choose
and regardless of the technicals).
As described in the Goldsmiths, Part XIV, there are some
brokers on the scene who are linked in with the Rothschild directed cabal (usually
cousins, relatives, colleagues, etc) to share in the plunder and rip-off of
investors. Some of these persons
actually make recommendations (often good recommendations based on tip-offs of
what is coming down the pike; but sometimes deceptive traps to help pull the
suckers in for the hit).
It is interesting that when these brokers take a position on
a given item, they almost always justify their position on the basis of alleged
technicals. Of course, they don’t come
out and say the manipulators are planning a strike on the item. They are far more subtle and deceptive in
their approach.
Hence, they build a case for a market move based on a
so-called technical analysis for the targeted item to either go up or down to
meet its potential target price. As a
minimum, these so-called technical analyses help the manipulators when they do
strike a given item by offering some ridiculous nonsensical justification for
the move which the manipulators would soon force on the market.
The value of the fundamentals is stronger. But even here, in a manipulated and
controlled market, the driving force is not the fundamentals; but instead it is
the interventionalists. If we operated
on the basis of fundamentals, the US dollar could not possibly be at 75, 77 or
80 on the index. If we operated on the
basis of fundamentals, gold, silver and oil would be in the sky instead of down
where they are.
The
Interventionalists
The point is that the driving force in the markets right now
is the interventionalists (although it must be said that whenever the
interventionalists back off and leave the markets or a given item alone, the
markets or item may then in time revert to the influence of the
fundamentals/technicals).
Since the Fed has virtually unlimited sums of fiat US
dollars to play with, they can easily make almost anything go up or down at
will whenever they choose to intervene.
And if the Fed/Treasury lacks the resources or power to drive a given
item up or down, the interventionalists can have the US president intervene (as
Bush did with the wheat back in April 2008); or in the case of currencies, they
can demand that other central banks enter the currency markets to manipulate a
given item up or down.
And since the fat cat plutocrats, who own the Fed and
control the US government, also own and control other foreign central banks and
governments, they can all work together to fulfill the wishes of their secret
behind-the-scenes owners (who are led by the House of Rothschild fat cats).
The point is that today, in 2008, the markets are at the mercy
and wishes of the plutocratic masters who rule and direct things.
So what role does the fundamentals, technicals and even gut
feelings have to do with prices on the financial exchanges? I submit that all of these factors are
subservient to the powers of the manipulators whenever they choose to intervene
to work a given item, up or down, however they choose.
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.
The author is not involved in the securities or financial market
business and has no financial interest in presenting the information
herein. Therefore, 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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go to the home page of www.analysis-news.com.