Contrary to popular belief, the banks are NOT sitting on the money.

They are also not lending it out. They are using it to manipulate and mint money on the futures markets, stock markets, etc. They make money on the upside by going long, and on the downside by going short. The volatility is perfect for them, because, unlike the rest of us, by controlling the U.S. Treasury and Federal Reserve, they know tomorrow’s news today. Indeed, they decide what the news will be, based on that control.

There are still plenty of suckers in the markets who are willing to have their pockets picked by Fed/PPT and there will be for a long time. The big bank “axis of evil” will continue running the Federal Reserve and Treasury through the likes of Ben Bernanke, Timothy Geithner and the new Commodities Futures Trading Commission Chairman, Goldman Sachs alumni Chairman Gary Gensler. We can expect the corruption to last for a long time.

The rest of us will simply have our pockets picked, or stop playing their game. Buy your gold and silver on the futures market by opening a commodity futures brokerage account, don’t go leveraged, pay for your entire purchase of gold and silver by putting the full payment of CASH in your account, take delivery, and ignore the thieves.

Perhaps, it is a forlorn wish, but, let’s hope the country gets smarter, stops electing crooked Republicans and Democrats, and turns to a third party like the Constitution Party or Libertarians, who will clean things up.

Meanwhile, the best place to put your money is in physical gold and silver. Take your metals and bury them somewhere, in a safe place. When the game finally explodes, in a year or two, and the big banks send government agents to steal it from you, as they did in 1934, they won’t be able to find it. Or, if you can’t bury your metals in a box surrounded by a lot of discretely laid concrete, put them into a safe deposit box in Canada. Canada has so much gold being mined, that the government there need only seize the yearly mine production, not individually owned gold, to reflate their currency.

Related Posts:

• Volatility spells opportunity.
• Mary Shapiro hires a 29 year old kid to over see enforcement for the SEC!?!?!
• CFTC considering tighter controls on commodity trading
• William Koenig’s perspective: How did this happen, and who is responsible? Lay, DeLay, Gramm, Gramm & Clinton
• The only asset deflation that exists are those interests in commodities, stocks, bonds, gold, silver, etc. which can be sold to meet the demands of the credit events, Fannie/Freddie, Lehman Brothers, WaMu, and, now, the Icelandic Banks.

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