I agree Pic. All the nonsense about apple core is really mice nuts stuff in the scope of things, and totally annoying to many here...on the one hand...but on the other, he represents our enemy because he is working on behalf of all those who want to come to our dinner table as a guest, break bread with us and then steal the silverware, kick your dog, s-rew your wife and run off with your daughter...then sell her into the sex slave trade. He probably deceived you in to signing over your house and life insurance before committing arson in the night and starving you to death because you were inflated out of existence. But what the h-ll, he sure was nice at first. So, as all of you know, it is not the mice nuts stuff that I am focusing on, it is what it all represents and it is the malicious INTENT of it all that I cannot abide....nor should any one who has honest expectations. At least we can expose it for what it is. The people who run the PMs have to tape their mouths shut in frustration and then stick their fingers down their throats having been indirectly intimidated and force fed a load of crap. Today we see big buyers behind the curtains, at least those that we can see? I suspect many small investors have had it for any number of reasons so, kick them while their down...kick the snot out of them....which is exactly where we are right this very day and hour. We suspect the naked shorts are hard at work...maybe they are now covering big time...maybe they are coordinating a total blitz in the physical markets to cover soon...maybe both...maybe they want total capitulation no matter the cost....go for broke because they are broke...who the H would know? Maybe this is their last chance to cover....maybe the set up is soon in place to step up the buying of the JPMs at by way of grand larceny....maybe the hedged producers are being let off the hook....liars like the big B....king of the politically aligned miners and powerbroker sycophants....name your poison.One thing that is truly amazing is the fact that so much bad news has been issued every day for months that we don't even remember how bad it was yesterday, never mind cumulatively. The spin is totally so out of whack that it is becoming believable for many by the very process of erosion.. Dennis Gartman ET all pronounces gold dead...and the seas part! Petty thieves are hired, orchestrated and directed to step up their across-the-board assault of doubt, lies, misdirection and fear tactics on the BBs. There's a bloody army of them out there...no matter where you are invested from PAA to YRI to LSG to ECU to .......you name it….and they have been especially active over the last few days. Do I dare think that they have been incented at a certain time in the market but those who know exactly when gold will be trashed? Dare I say that naked shorting is epic in proportion as we speak...all with impunity. Try to prove it, expose it or regulate it...just try. Then there are those new "dark pool" games. D_D_D-derivatives anyone?We have at least got the medium of the internet (so far) that we can freely and openly communicate on. "They" never had that to contend with in the last great depression. It's a very dangerous threat to them so "they" will use it for their own objectives. They have the dough. They can control the western media but the internet is another thing altogether, for now. Folks, we have never lived in such perilous times and the threats to our very way of life are looming on the near horizon. Threats to our freedom of expression, right to assemble, right to move about freely, rights of privacy and many more. Of course it is now only reaching a point of no return after a century of endeavor. There were two Allan Greenspans, #1 and #2. #1 spoke the truth in mouthing the words of Aynn Rand: "In the absence of a gold standard, there is no way to protect savings from confiscation through inflation. There is no safe store of value.....deficit spending is simply a hidden scheme for the "hidden" confiscation of wealth. Gold stands in the way of this insidious process." Then alas, there is Greenspan #2, let's just leave it at that, #2...most befitting.So who has sucked it up and stepped up to the plate, realizing that it was/is our very freedom at sake? Who has been unrelenting, running a gauntlet of media jeers, suffered political put downs, handled main stream rejection, been back stabbed, and intimidated and more? Who has had the gall to say that gold represents our very freedom? Undauntingly for over ten years now the standard bearers have been such courageous people as Bill Murphy of MIDAS, Chris Powell of GATA, Jim Sinclair, James Turk, John Embry, Butler and many others. Gold and the truth cannot be separated…. as hard as TPTB try to promote and bully us into thinking otherwise. Imagine having the brass b-lls to announce that market manipulation has been the hallmark of the last decade! At first they were jeered, now they are feared. So, what the heck, why not just openly admit it re the admission of the PPT and the fact that the western central banks of the world have stood ready to sell gold into the markets for ten years? Who cares? The fundamentals care, so they must be circumvented with lies, promises, paper, power, bribery, greed and criminal precision. Always have a gorilla behind the curtain, or perhaps a new creature...a "monkanke" throwing newly printed dollars into the morass. Forget all the basics and we will have no fear. Forget the $500 global derivatives markets leveraged beyond comprehension; forget the monolines (AMBAC), the raters, the devaluation of world currencies, the Bear Stern theft, the gobs of money being stolen by the insiders, the near bankruptcy of JP Morgan, Citigroup and countless others soon to follow or on the brink, like UBS. Whatever you do, forget gold and silver and forget that there is a serious supply/demand imbalance, and that the JPMs were trading higher with gold at $700 than today, especially today. Forget that gold in the ETFs that is in constant mobilization and that the custodians "may not" actually have it, that mines are producing less and going out of business; forget geopolitics and Aurelian; forget power supply problems in Africa and lack of skilled and professional employees. Forget all the ratios that are historically out of total whack such as gold/oil, gold/silver, gold/currencies, gold/gold indexes, gold/copper, gold/platinum, gold/you-name-it. Forget the housing/store of wealth/piggybank/cash machines disaster in the pit and heading for the core of the earth. Forget that US consumer economy is dying, although statistically massaged. Forget that the west is really out of gold duplicitously on its books and in “deep storage”, never to be audited. Forget the denial of information requested under the freedom of information act of the U.S. Forget talk of "the abyss" in 1998 when Long Term Capital went down (gold derivatives failure) and was bailed out….and that today the order of magnitude is multiples greater. Then there is the US obscene debt, balance of trade, budget deficits and current account deficits. To quote John Embry : "When one contemplates the unconscionable amount of paper money and credit that has been created world wide since gold peaked at $850 per ounce in 1980, it seems almost surreal that it has taken almost 28 years to reach that level again. To amplify that point, a gentleman named Ron Rosen recently noted in his "Precious Metals Timing Letter" that in the 28-year period that gold round tripped from $850 to $250 and back to $850, the national debt of the U.S. grew by more than ten-fold from $900 billion to $9,2 Trillion. Now tell me, in the face of that statistic, would you rather own gold or U.S. dollars at this point?" John goes on to suggest that, considering real inflation rates gold would be somewhere around $5000 today.GATA just held a very successful conference in Washington called “Anybody Seen Our Gold?” They openly pronounced that in 1995 the Federal Reserve stated that the Treasury Dept. has openly undertaken gold swaps via The Exchange Stabilization Fund; that Barrick Gold admitted that it was an agent of the central banks in shorting the gold market; that the BIS openly stated that the price of gold would be influenced by the central banks; that there have been loans and swaps from the U.S. Gold reserves; that the objective of the manipulation of gold was to conceal the mismanagement of the U.S. dollar in an effort to maintain it as the world’s reserve currency and that this mismanagement has been the “primary cause of the catastrophic successes in the markets that now threaten the whole world.”So, what GATA has the courage to openly communicate for the betterment of all, for the very democratic rights that we all hold dear, which is that “gold is freedom”, is at the very heart of that which I have taken issue with in the BB trenches, mostly on the ECU BB. It may not be much in the grand scheme of things, but at least I have tried to play my tiny part and I am not afraid to say so. I will not be derided, lied to, misled, scorned, ridiculed, lied about or to…and I will never submit to the shrill, taunting, henchmen jackals who post on any BB, as they personify the very lowest rung on the Cabal hierarchy mentioned above. They are the very face of those who would come in to your house and arrogantly disrespect you, demean you and steal whatever they can from you. Why on earth would I ever want to acquiesce to that? Why would anyone, who sees them for what they really are?
Rant over. Terminous.