Gold And Silver – Western World Is Upside Down

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Saturday 21 June 2014

In a break from a thematic undertone to link to gold and silver, here are some ramblings
that are more underpinnings to the core problems that have left people unfocused and
dealing with symptoms, no matter how they may seemingly appear to be core issues.

What makes sense any more? In the United States, all one hears in the news is lies, deceit,
and propaganda. In the EU, Mario Draghi “dictates” what is [un]real, backed by a host of
unelected, non-representative NWO bureaucrats. In the UK, do not know if anyone is
really in charge. Regardless, there is no truth being told, in fact, the truth is actively being
hidden and/or suppressed. Governments are circling the wagons against people. Banks
are being protected, at all costs, literally.

We live in an Alice In Wonderland, circa Orwell’s 1984 world. Everything is upside down,
and that includes the price for gold and silver. In the United States, if you do not like what
you hear from the inept central planners, or if you choose to criticise what you hear, you
run risk of being branded a “terrorist,” certainly one who is a threat to the existing regime.

The leader of the corporate federal government. Barack “Yes We Can!” Obama, apparently
referring to the NWO, is like a Forrest Gump box of chocolates. When he opens his mouth
you can never be sure of what he will say. From CNN, Friday 13 June: “OBAMA SAYS NO
COMBAT TROOPS TO IRAQ.” From AP, Monday 16 June: “OBAMA ANNOUNCES 275
TROOPS DEPLOYED TO IRAQ.” Now, there are going to be about 300 or so military
“advisors.” That was a term LBJ used when he was sending “troops” to Viet Nam, back in
the 1960s.

Western governments are openly pushing the elite’s agenda onto a mostly unsuspecting
population, too dumbed down and too compliant to think for themselves. Most people
ignorantly believe the NWO myth of “spreading democracy” [and for the part of the US,
it is at the point of a gun barrel, tank, drone, or, just as worse, a central bank taking over
control of a nation’s currency.]  A democracy is the worst form of government, but most
people simply believe in a notion of what democracy means instead of knowing what it is.

We first heard then ex-president George Herbert Walker Bush, formerly in charge of the
CIA, announce that he wanted to see installed, “A NEW WORLD ORDER!” Emphasis
added because he shouted out that part of his speech in 1990. It was somewhat shocking
to hear a then-previous president openly endorsing the most insidious of secretive rulers
whose interests were totally against a free United States population.

Interestingly, Putin’s past as head of the KGB is often mentioned to cast aspersions on
him as President of Russia, but nothing is mentioned about Bush being ex-CIA, the US
counterpart to the KGB.

For clarity, the corporate federal government serves against the interests of the people
who live within the United States. It is a huge mistake for anyone to think the federal
government is “their government,” for it is not. This is a concept most will find hard to
accept, but the clues are everywhere when one finally chooses to look for them and then
think for themselves.

Biden, another NWO lap dog, openly announced Biden Challenges Air Force Academy Grads
to Shape a “New World Order”
on 30 May 2014. How brazen sycophant-politicians have become
in the service of foreign interests ahead of their own supposed national interests. Most Americans
simply do not get it. It is not an isolated event, either.  Vice President Biden: “The affirmative task
we have now, is uh, is to actually um, create uh, uh, a New World Order…”
back in late April.

The Council on Foreign Relations is the NWO’s primary leader group in this country, a
fact of which even fewer Americans are aware, or even care. The crass Kardashians are
much more well-known, along with American Idol, The Voice, Dancing With The Stars,
along with an unending host of similar programs that garner more attention than how
one’s own government functions in direct opposition to its people.

Ignorance and an inattentive population is what allows the NWO to breed and take
total control…Master Parasites, and still winning. How? By drowning the Western World
in fiat debt.

Debt has been growing exponentially, while the ability to repay it has been in an unabated
decline. Debts can be refinanced ad infinitum, and interest rates close to zero. The secret
of the elite’s is that there is never enough money to pay off both principal and interest
because only the debt was loaned into existence. From where does the interest come?

Imagine a world of three people: One has a printing press and creates $1,000. The other
two need to borrow $500 each. The money man lends the money to each for one year and
charges 10% interest. At the end of one year, the money man is owed $1,100. With only
$1,000 in existence, from where will the interest come? Just like the Fed prints all the
fiat debt, it never prints the interest to pay it. This is why debt can never be repaid. Not
only do the elites know this, it has been part of their plan from over 200 years ago.

Another not so minor fact of their not being enough “money” to repay the existing debt
is, there is no money. All that exists in circulation is fiat paper debt. As we have said
before, debt is not and can never be money. The only lawful money in the United
States is gold and silver.
This remains true to this day, but since the questionable
passage of the Federal Reserve Act of 1913, the Federal Reserve has destroyed all US
issued Notes that were specie-backed, and gold and silver coin no longer circulate.

How did the Federal Reserve Act of 1913 pass, and how did the elites take over control
of this nation’s money issuance?

“The two enemies of the people are criminals and government, so let us tie the second
down with the chains of the Constitution so the second will not become the legalized
version of the first.” Thomas Jefferson

As a nation, the people lost their government to the money changers, and it is now only
criminals that are in control, and so successfully that almost all the people still do not
know.

With the NWO/elites, nothing is as it seems, especially what almost all think is money

““History records that the money changers have used every form of abuse, intrigue, deceit,
and violent means possible to maintain their control over governments by controlling
money and it’s issuance.” 
James Madison

To avoid the debt trap, owning physical gold and silver is the best way to preserve and
even grow purchasing power.  Keep on buying when and as much as possible, even
cashing in retirement funds.  Better to pay any tax/penalty for getting out early, for if
there is one thing certain in the not too distant future, the corporate federal government
will confiscate all retirement plans, exchanging them for government bonds that can no
longer be sold to foreigners who refuse to buy them.

It is a choice, at least until the government says otherwise, which it will.

For the present, gold has stopped declining.  Whether this will lead to a change in trend
remains to be seen.  It takes time and a lot more volume effort to change a trend.  Last
week’s close puts gold about in the middle of its TR, [Trading Range].  In the middle of any
TR is where the level of knowledge it at its lowest, for price can go in either direction and
still not change the trend within the established bounds.

While the numbers for  potential events that can keep gold in a sustained rally remain high,
none appear to be in play, at the moment, even with the threat of war in Ukraine, and the US
is pushing Putin hard to provoke him into war, so far to no avail.

GC W 21 Jun 14

What is most reliable in defining the character of any trend is the retest after a move of any
degree.  If 1330 is retested next week, it will be a continuation of recent relative strength.
What will be important is HOW the next retest develops, be it from 1330 or last week’s
rally high.

If the trend is to turn upward, the next correction should show smaller ranges down, and
volume should decrease, indicating less selling pressure.  A correction should also be less in
duration, lasting 3-4 TDs lower, for a relatively stronger trend, to 5 -8 TDs, which would be
more typical in a weaker environment, which is where gold is now. [TD = Trading Days]

By reading how the market develops, it eliminates having to guess in advance…guessing
can be expensive.  Combined with some rules for initiating a position can reduce risk,
as well.

GC D 21 Jun 14

Silver has been more depressed than gold, but it could turn into a more important metal to
watch if price approaches its resistance/support levels ahead of gold.  The down trend is
far from turning, so a look at the daily can be more instructive for change.

SI W 21 Jun 14

Silver would have to rally over 22.90 to about equal the last failed rally which began at the
end of January.  In fact, that last failed rally is sufficient reason to not get overly enthused
about the current rally.  There needs to be some kind of confirming indicator that a trend
change has occurred, and none is apparent, yet.

When the next correction is marked by smaller ranges, without the larger numbers of
down days since the February high, and not last as long in duration, these will be more
reliable signs of change.

SI D 21 Jun 14

 

 

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Michael Noonan is the driving force behind Edge Trader Plus. He has been in the futures business for 30 years, functioning primarily in an individual capacity. He was the research analyst for the largest investment banker in the South, at one time, and he managed money
in the cash bond market for a $5 billion pension fund using Peter Steidlmeyer’s Market Profile.

Proficient in Gann, Elliott Wave, Market Profile, etc, Mr Noonan no longer uses any of those technical procedures. Instead, his primary focus is on developing market activity, relying solely on the information generated by the market itself, such as the interaction between price and volume, and how they relate to important price levels in the market structure. He incorporates proven market principles, such as knowledge of the trend, supply and demand, along with disciplined rules for to find developing high probability trade opportunities.

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