Well, the evidence finally emerges. No market forces at work here. “The boys” done bagged and skinned the Bear for quite a pretty penny:
- Bear Stearns Buy-Out . . . 100% Fraud
- “How Bear Stearns stock was artificially collapsed so that illegal insider-traders would make billions and J.P. Morgan would be paid $55 billion of US
taxpayer money to shore up themselves and buy Bear Stearns at bankruptcy prices.”
There is an unanswered question: was Bear Stearns long gold and how important was it to JP Morgan Chase, Goldman Sachs, and the Fed to control that long position?
Think about it. The Bear Stearns takeover was inked on Sunday, March 16th and gold suddenly stops rising and drops from a high on Monday of 1011 to 925 on Thursday, March 20th. Was this a warning to primary dealers who refuse to play along with gold manipulation? Or did Morgan just need a bailout and cannibalizing Bear was the way to quietly arrange it?
Special Thanks to Rob Kirby of Kirby Analytics and LeMetropole Café for pointing this one out.
Patricia:
We address this very issue among others in “Positioning Your Assets for Growth in Uncertain Times.”
Best,
Catherine
Okay- but how do we eat? My income is strongly dependent on dividends and interest. I believe the information presented on this website, and want to re-position my assets- but I’m not sure about the total effects on my income.
I hope that we all have the understanding that “being long gold,” is our duty as patriotic Americans. I believe that, to the extent each of us can, we should buy and hold physical gold and silver bullion to secure an important bedrock asset for ourselves, but also to launch an important protest against the current monetary order which is stealing from honest savers by manipulating the value of our personal property.
I know I am preaching to the choir, but for those who haven’t acquired a comfortably large holding of gold and silver yet, do yourselves and the country a favor to help speed the demise of our rotten money system. Buy and hold gold and silver.