The all-powerful and mighty Fed that has dominated the United States economy and therefore the world for many decades, is finally seeing its match as 2012 winds down. It is called natural economic law and it is coming in the form of a tidal wave soon to a theater near you.

"Don't fight the Fed" is the same as "I fought the law and the law won". It means don't even contemplate or lift a finger against Fed Policy because they will obliterate you into pieces if you try. It is an image that is bolstered to squash any resistance or thought of resistance. "Resistance is futile and the Fed will always have its way" is the image that they are trying to project. All illusions and spin is what the Fed it is all about. We gold bugs know it well.

In its golden times, Sir Alan need even grunt and the grunt was quoted, analyzed endlessly by the media and it reverberated around the world. Well now it takes a well-timed and manipulated media along with coordinated bank infusions and rigs to make it appear that the man behind the curtain still has the might. Whenever Ben speaks the media and markets time their rigging to make it appear like he is still powerful and omnipresent...... but the reality is that the Fed is under Siege and has only a few bullets left in its gun.

How do I come to this conclusion? Well, Obama needs to get re-elected and Obama is their man. No bankers have gone to jail under his tenure.....he is a guy, like Hitler, that only has one real talent..... he can deliver one heck of a speech. Well, if getting him re-elected is of the highest priority to the powers that be, why not print trillions right before the election and get Americans dumb and happy to vote for him? They have already made Obama’s job easy by putting up a corporate raiding, job killing Mormon that has tax issues and offshore billions hidden away. Mitt Romney is a unelectable, pandering incompetent that Obama could out debate in his sleep. But if the economy were to collapse right before the election - well then the pandering moron Mormon would actually beat Obama. Romney would still be their man.... but a weak substitute for the guy that they really want on the throne.

Now if you were holed up in a shack and surrounded by bad guys and only had a few bullets left in your gun, would you fire off some warning shots to scare the bad guys away ? No.... you would save your bullets and use them when they rushed through the door.

So why do they keep delaying the announcement of QE3 and massive printing that needs to happen to get their man reelected? It is because they want to buy time and only have a few bullets left and want to save them for some event that they know will happen soon. And they want their response to be seen as a bazooka shot not coming from a pistol. Also, they want to coordinate their attack with Europe and possibly China in one holy bolt of lightning that will squash the tidal wave of default and debt once and for all. But alas, the educated know that this is not possible and that they are false gods that are attempting one last desperate gasp...... Good thing that the average American is not educated!!

That event is probably Greece leaving the Euro. This event is being planned before the election I believe….. with the attack of Iran soon after the election. However it could be any number of shoes to drop between now and then. Only weeks after the election is the Mayan Calendar end of the world date. I am looking for panic to take hold after the election around this date. So here is my optimistic nugget - I am looking for the entire perception of precious metals to change by the end of the year.