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Rob Kirby On Shadow Of Truth: We’re Coming Into End Of Times
The gold smash going on right now reeks of desperation…the manipulation has become utterly in your face. It tells me we’re getting close the end when you have the likes of John Hathaway and Ross Norman starting to talk the gospel of GATA. These guys over the years have literally sniveled at GATA and told us we were tinfoil hat conspiracy theorists. And now these guys are reading out of the GATA book and that’s a mind-blower and this tells me this is close to blowing up. – Rob Kirby, Shadow of Truth
I was chatting this morning with a close friend in NYC who I know going back to my days as a junk bond trader at Bankers Trust. He works as a consultant to investment/hedge funds now and is extremely perceptive in his insights about what is going on in the financial markets.
I asked him what he’s hearing from some of the big hedge fund managers he calls on every week:
Everybody hopes they a have chair when the music stops and it will stop when this thing cracks it will crack hard. Carl Icahn going after Larry Fink the way he did is a very big deal and it reflects the amount stress in the system when the big fish turn each other.
What’s remarkable to me is that gold has held up as well as it has. The insiders are throwing multi-billion manipulation trades [Comex, LBMA, OTC derivatives] and yet there’s still a big bid for physical gold under the market…The one thing I’m sure of is that the “market” price we see of everything is not a market-clearing price.
What most people are missing is that Obamacare is a financial trainwreck. Not only that you have two trillion in underfunded State pension funds – and that number doesn’t include private pension underfunding – what are you going to do, let those people eat grass clippings and die?
There will be a mad scramble in the west by the elitists to grab what physical gold is left before the Comex completely defaults. It is quite possible, if not highly probable, that this final looting of GLD is part of that process. – Rob Kirby
The Shadow of Truth podcast with Rob Kirby is a natural extension and elaboration of the comments from my friend in NYC. This a highly engaging discussion about several topics connected to the precious metals market and how the blatant and non-stop outright Central Bank/western Government intervention in gold and silver trading directly reflects the fact that the western financial, economic and political systems – including and especially the United States – is on the verge of collapse:
I’ve grown weary with people writing me and asking for my opinion on Martin Armstrong. I have laid out the historical facts intermittently over time between this blog and the predecessor The Golden Truth. People who follow and put faith in Martin Armstrong have no knowledge of his background or any understanding of just how psychopathically corrupt this guy is.
