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…. And the Bounce. Wall St Switches Gears to War Time

America quickly shifting to a war economy, anybody surprised?

PPT TO THE RESCUE: 24 .5 handle sell off and a over 20 handle back up to the opening range

 

 

http://www.zerohedge.com/news/2013-09-06/and-bounce

Investopedia explains ‘Plunge Protection Team – PPT’

“Plunge Protection Team” was the nickname given to the Working Group byThe Washington Post in 1997. The team was initially perceived by some to have been created solely to shore up the markets or even manipulate them. The team [...]

Inflation Gauge Breaking Out, Fed Goes Bust, U.S. 10 Year Bond Rates Exploding, Preparing For War And Economy Collapse

The stock market has been down for days now, the plunge protection team and the high frequency traders have been trying to prop up the market but has not been successful. The FED has been talking about tapering, all signs looks like they are tapering as the market is falling. To push the market back up the FED says they might not taper. The US government is preparing to invade [...]

Top government insider admits major inflation could be coming

From Economic Policy Journal:

As I have mentioned many times before, Philippa Malmgren is an insider’s insider.

She was Special Assistant to the President for Economic Policy on the National Economic Council. She was also a member of the President’s Working Group on Financial Markets, aka, the Plunge Protection Team.

Her client list includes every elite corporate firm in the world. (Take a minute to look at the list, it’s mind boggling.) You [...]

Doug Casey takes on the most controversial gold topic in the world

From Doug Casey, Chairman, Casey Research:

For many years now, a meme has been floating around that the prices of gold and silver are being manipulated, which is to say suppressed, by various powers of darkness. This is not an unreasonable assertion. After all, the last thing the monetary powers-that-be want is to see is the price of gold skyrocketing. That would serve as an alarm bell, possibly panicking people all [...]

This is What I’m Doing with My Own Money Right Now – John Embry

kingworldnews

 

With the Dow now at its highest level since December of 2007, today King World News interviewed John Embry, Chief Investment Strategist of the $10 billion strong Sprott Asset Management.  Embry told KWN “This is totally unrealistic and unsustainable.”  Embry also discussed gold and the mining shares, and what he is doing with his own money, but first, here is what Embry had to say about what is happening in the [...]