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Craig Hemke (TFMetals Report): S&P Death Candle and Rigged Silver Fix
TND Podcast Spotlight: Rory Hall | The Daily Coin
I sat down with Craig Hemke, TFMetals Report to get a much needed update on the S&P Death Candle and to get his take on what happened with silver on Thursday.
Ponzi schemes are as old as time.
We live in unprecedented times. In 2012 the U.S. government legalized propaganda and since then the lies and deceit we are fed have become common place, not to mention more disconnected from reality than ever before. If we look at the outrageous unemployment number, being 5% when reported on January 8th, 2016, anyone with a brain knows that something is out of balance. The labor participation rate is somewhere around 1950’s level. I ask you, has the population of the U.S. grown since the mid 1950’s? If the answer is yes, then something is wrong with the unemployment number being reported.
Turning our attention to something only slightly larger, like the S&P 500, NASDAQ and DOW Jones Industrial Average we see, once again, nothing but fantasy. These “markets”, which represent a vast amount of wealth held by the average American, have been rigged, for the past five years, with currency provided by the Federal Reserve through their program of Quantative Easing (QE). Corporate stock buy backs have been at all time highs for several years, in direct correlation to QE. This is now coming to an end. All ponzi’s end the same way – when there are no more people to put more currency into the scheme it crashes.
In 2001 the stock market experienced its first big crash since 1987. There was approximately a 49% down turn in the S&P. In 2008, when we were sold a bill of goods by the Federal Reserve, Congress and the Treasury Dept., the S&P crashed again and experienced a 56% down turn and the joke “my 401k is now a 201k” was born. This is no laughing matter. The markets are currently set up with the exact same pattern as both 2001 and 2008. If, by the end of February the S&P closes below 1920, it is currently at 1940, the patterns that were unleashed in 2001 and 2008 will be in full view. I am not a financial advisor and I am not offering financial advice, I am merely pointing out patterns that Craig Hemke identified a few months ago. These patterns can be seen in the chart below:
CLICK TO ENLARGE
This is presented to keep this idea in the front of your mind. The criminals at the Federal Reserve, the “too big to jail” banks and the federal government are all gunning for your wealth. Are you doing what you can to protect your wealth or are you allowing someone working for commissions to manage your wealth for you?
If we turned to one of the most rigged, manipulated markets on planet earth we see there was, yet, another anomaly on Thursday January 28, 2016. Most people are completely unaware of this situation happening as there was almost no coverage provided by the mainstream media.
Did you know there was a complete disconnect between the silver price and silver futures price by 0.80$ per ounce? Did you know the “market” was held open for an additional 14 minutes while the criminals, I mean the people setting the “fix”, scrambled to try and figure out what happened? Do we know what happened? Absolutely not. No one is saying what happened and there has been no one to press the issue. Silver on the COMEX dropped from $14.45/ounce to $14.25/ounce in about a second. Once again, no explanation.
This is what we do know, as reported by Bullion Desk
“Unfortunately, it’s not [a mistake],” Ole Hansen, head of commodity strategy for Saxo Bank, told FastMarkets. “This could be the end of the fix. It took 14 minutes to find a fix – they obviously found a fix way off of the market.”
Another source also suggested that the continued existence of the fix has been put in jeopardy by the huge discrepancy in today’s price, adding that many producers – who still use the price as their daily reference – may have lost significant amounts of money if any contracts have been settled according to the fix.
“A huge number of contracts are still settled on that price,” another said. “This will no doubt cause significant problems.”
These are interesting words, and a very interesting situation, as they come on the heels of the Chinese stating their new physical gold/gold futures market will be online within the next 60 days. We have been hearing this for some time and to this I say – we will see. Personally, I have little faith the Chinese will be bringing this new market online in the timeframe they describe. They have already missed two “deadlines”.
The Chinese also, this past week, announced they would no longer be publishing the Shanghai Gold Exchange volume of gold moving through the Exchange! This makes the vast majority of physical gold movement completely opaque to the world. Very interesting timing of all these events/announcements taking place.
I would strongly suggest listening all the way through as your wealth could possibly be in jeopardy at this very moment.
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Source: http://thenewsdoctors.com/craig-hemke-tfmetals-report-sp-death-candle-and-rigged-silver-fix/
