Wednesday, May 10, 2017

Commentig on the news.

The French election.

The pollsters got this one right. Marine Le Pen lost by a wide margin. This means that the French elites were able to pull the wool over the eyes of the French people. It means that France will be increasingly turning into an anti-Semitic, Arabized country. It means that France will continue down the path of Socialism and economic stagnation. France is toast.

Manipulation of the Precious Metal prices.

May the first was a holiday in many countries. There was no London gold fix and Far East dealers were also on holiday. This was the time used by the manipulaters to crash the gold price below the 200 Day Moving Average. Hundreds of tons of fake gold and thousands of tons of fake silver were sold  into a very thin market to drop the price. While, a whole lot of the shorts were covered, trillions of dollars of derivatives remain hanging over the financial markets.

Why was this done? To drop PM prices and allow bouillon banks to walk away from their shorts. But, the majority of shorts remain and hanging over the financial system like the sword of Damocles. Eventually, there will be mayhem.

The firing of Comey.

Long overdue. Mr Comey had been acting in a politicized way and refused to investigate the leaks of classified material. Why did Pres Trump wait this long? Because his pick for #2 was just confirmed a week ago. The Dems are acting predictably. Having condemned Comey for nor shielding Hillary during the election, they now pretend that they liked him.

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