Thursday, December 13, 2007

Even A Blind Man Can See The Fraud

Shocking! It's 8:30 PM and Gold is once again back above 800, Silver on the rise. Oh? Yes the criminals that sustain the NY COMEX must be home in bed. What a joke today was. Sell all your Gold. Sell all your Silver. Sell all your mining shares. Retail Sales were up the most in six months. LOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOL!!!

Buy the Dollar, the American consumer still has some room left on his credit cards. What a crock. Number one, retail sales were up because the price of gasoline was up substantially in the month of November. Number two, retail sales were up because every fool and his credit card couldn't pass up the fire sales following thanksgiving. Number three, when you add it all up and take into account that retail sales only tracks "dollars spent" and not the "volume" of sales, you get this ridiculous number.

There were other more important headlines today. And the buffoons on Wall Street chose to completely ignore them. These headlines, coupled with those from the past three days only make the case for owning Gold more compelling.

Wholesale Prices Up 3.2 Percent in November, Most in 34 Years, Propelled by Energy Costs
Thursday December 13, 10:11 am ET

US Nov import prices up 2.7 pct vs 2.0 pct expected, largest rise since Oct 1990
Wed, Dec 12 2007, 13:49 GMT

U.S. Trade Deficit Hits Highest Level in 3 Months

Now, somebody please correct me if I'm wrong, but don't these three headlines from the past three days portend the US Dollar's demise? "Yes they do, but nobody wants to see that happen, so we ignore that awful news." "And beside you fool, with retail sales soaring and rampant inflation, the Fed won't cut interest rates any more and the Dollar will be saved. Buy it before everyone else does." And this folks is why we are doomed...and it is why you must stick to your convictions, and ignore every attempt to dissuade you from owning Gold.

Now speaking of Gold. The games theses crooks are playing with gold on the Comex are becoming so obvious on the charts that even Ray Charles could see them. What is occurring on the Comex in the metals pits almost every morning now is an act of desperation. These criminals are so desperate now that they risk commiting their crimes openly, fearlessly hatcheting the Gold price in a effort to convince the public that there is nothing to fear from these headlines. "Look, Gold is weak, how can there be an economic crisis?" Soon, very soon, these crooks are going to be ground into dust...

Despite the efforts of these crooks, Gold and Silver weathered today's assault, their charts intact, and this Bull only more enraged. The Moon is still up there...

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