What is really sad is...
posted on
Feb 20, 2013 03:44PM
watching all the scared chickens running for cover while the deep pockets suck up all the cheap shares. Cheap meaning, looking back tomorrow sometime when the shares are again screaming higher and then knowing the shaky kneed folks should have been using their fear as a contrary weapon in rechanneling that energy into courage and boldness. Of course in the end, they will all be sorry and profess never to buy a share again, that's until the next crop of investors make their appearence.
This whole shakedown is quite similiar to what happened in 2008 when all the financially sick major banks went into an orchestrated attack mode in ruining the appeal of their potential competition by forcing gold and silver down with all the pm shares selling down in sympathy, nothing more.
It is suspected that the fiat managers regularly encourage the banks to do this with their blessings when a crisis is near. It may even be an impending currency crisis. Enen thought the IMF head says there are no currency wars in progress, nothing could be further from the truth as one just has to look towards Japan and others. Someone or some group is certainly fearful of where these increasing currency wars end up. Any currency devaluation will always mean, if you have gold and silver or related items you keep your purchasing power.