Visitors Now:
Total Visits:
Total Stories:
Profile image
By Jeff Nielson (Reporter)
Contributor profile | More stories
Story Views

Now:
Last Hour:
Last 24 Hours:
Total:

Phony ‘Analysis’ Can’t Hide Metals Manipulation

Monday, October 15, 2012 12:53
% of readers think this story is Fact. Add your two cents.

(Before It's News)

It is very hard to resist the urge to label members of the mainstream media “parrots”, when time after time we see this herd unanimously regurgitating the exact, same drivel – no matter how vacuous or absurd the pseudo-reasoning on display.

We observe this sad truth again and again in precious metals markets, with the recent pullback in prices being a classic example. Today was a down-day for commodities – all of them – as the propaganda machine decreed that with a slowing global economy that they were “too risky”.

The simple fact that we see the entire commodities complex moving in lock-step on most days is conclusive proof by itself of the rampant manipulation of commodities markets in general, and precious metals markets in particular. Each individual commodity market is composed of two sets of parameters: “global” parameters (applicable to most/all commodities), and the individual parameters particular to each commodity – separately.

In honest/legitimate markets (i.e. throughout market history); on the vast majority of days commodities trade based upon their individual fundamentals, as it is the exception rather than the rule for global parameters to overwhelm individual parameters in any particular market. We know when commodities are trading based upon their own fundamentals, because they move in different directions and with differing amplitudes.

Conversely, days when global parameters dominate all the individual parameters are quite rare, and generally reflect either some dramatic development or overwhelming trend. We know which days global parameters are dominant in our markets, because all the commodities move in both the same direction and with similar amplitudes.

Here is where the lies/idiocy of the mainstream media and the manipulation of markets by the banking cabal is clearly exposed. What we now see in markets (month to month) is that in somewhere between 75% and 90% of all trading sessions global parameters are dominating individual parameters.

There are only two, possible explanations for this phenomenon in our markets. Either our markets are being mass-manipulated, or we live in a world where on 75% to 90% of the days our “news” (of the day) is dominated by a dramatic development or overwhelming trend. For the sake of the Skeptics, let’s first assume that our markets are not manipulated – and that we live in a world dominated (nearly every day) by extreme news. Where does this get us?

First of all, we need to see evidence of these “extreme” economic phenomena. What does the empirical data tell us? Pushing prices down, we see a very gradual, incremental slowing of the global economy (if we believe the data presented). Pushing prices up, we have just had both Europe and the United States announce infinite/unlimited money-printing – in the context of economies with permanent, near-zero interest rates.

Our (cyclical) economies slow down and speed up all of the time. There can be no possible justification for the (small) incremental changes in global economic growth to suddenly and totally dominate commodities – across the board – nearly every day. In other words, it’s impossible to manufacture a valid reason for commodities prices to decline en masse. Period.

On the other side of the coin, we see a dramatically different story. Permanent near-zero interest rates are literally the most extreme/most reckless monetary policy possible for a central bank…with the sole exception being unlimited (infinite) money-printing. With the economies of the U.S. and Europe we are now getting both forms of monetary insanity simultaneously.



Source:

Report abuse

Comments

Your Comments
Question   Razz  Sad   Evil  Exclaim  Smile  Redface  Biggrin  Surprised  Eek   Confused   Cool  LOL   Mad   Twisted  Rolleyes   Wink  Idea  Arrow  Neutral  Cry   Mr. Green

Top Stories
Recent Stories

Register

Newsletter

Email this story
Email this story

If you really want to ban this commenter, please write down the reason:

If you really want to disable all recommended stories, click on OK button. After that, you will be redirect to your options page.