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As I write on Tuesday midday, I’m particularly irritable due to the near VERTICAL plunge the Cartel just executed on gold, the second so-called “fat finger” trade of the past month.  But as angry as this makes me, it pales in comparison to the stupidity witnessed each day by the machinations of the Mainstream Media.  Years ago, I stopped reading the Wall Street Journal and watching CNBC – other than to see quotes each morning – and I’ve never read morons like Jon Nadler and Jeff Christian, supposed “allies” that are clearly bought and paid for by TPTB.

Given the daily drivel published by mainstream networks – on TV, radio, and the internet – it is difficult to ascertain if they are actually paid off by the “Ministry of Truth,” or, in fact, that stupid.  I mean, running major news outlets – or performing on them – requires significant intelligence, or at least motivation to reach such positions.  Not only that, it borders on “conspiracy theory” to say they are ALL being “paid off,” as in reality they are ALL equally stupid.  It’s one thing to say a billionaire like Rupert Murdoch might be in leagues with “them,” but ALL network executives, from Yahoo! Finance to Reuters to Marketwatch to Kitco?  Sounds far-fetched, unless one employs “Occam’s Razor”- i.e., assuming the simplest explanation is the correct one.  And in this case, that assumption is “they truly are that stupid!”

Those that read me regularly would likely characterize me as humble.  I may be confident of what I write, but always back up my opinions with fact, and am always open-minded to opposition – so long as it, too, is backed with fact.  Moreover, I have never thought myself “better” than others, instead ascribing my “success” to hard work and diligent research.  For the record, the only major financial success I have had was at the peak of the internet bubble in 2000, when unfortunately I was too young to make the kind of money I could retire on.  My compensation was enough that – wisely invested and conservatively spent – I could live securely – but hardly enough to buy yachts and mansions.  Thus, I instead characterize “success” by the correctness of my views, and ability to help others PROTECT themselves.

As you can see, this commentary is “bobbing and weaving” a bit, as frankly I am at a “cannot compute” crossroads, trying to figure how so few can see the obvious, and how many either cannot see, or deny it.  I have written exhaustively on the topic – and yes, I understand most do not have the financial resources to care what the government is doing – but the media does have such resources, so how is it possible they can publish garbage such as the below, day in, and day out?

European shares, euro gain as Greek fears ease

In this case, never mind that the “gains” in both European shares and the Euro were modest and short-lived, lasting just a few hours before going negative – let alone, that Monday was Memorial Day, during which global trading volume is much thinner than usual.  This article was still the lead story on Yahoo! Finance at day’s end – when ALL European shares were lower, as well as the Euro.  As if they are instructed to lie – morning, noon, and night!

Then you look at the article’s tag line, and can only gasp in incredulity…

European stocks rose for a third straight session on Monday and the euro bounced back from two-year lows, as Greek polls showing growing support for pro-bailout parties eased speculation about a disorderly exit by Athens from the single currency.

Again, European stocks were lower Monday, and flat for the week despite the “third straight session” of gains.  Moreover, key markets like Spain and Italy were amidst freefalls -endangering the political and economic fabric of Europe itself – so the fact that France and German equities modestly rose should hardly be of consolation, particularly when French and German banks are the most exposed to Spanish and Italian debt, and their equities amidst steep declines for WEEKS.

Better yet, the suggestion that rising “pro-bailout” forces are “bullish” for equities, following nearly four years of the utter and abject FAILURE of “bailouts” to increase anything except debt, deficits, inflation, and social unrest.  Heck, every entity that has ever been “bailed out” – Greece included – now has MORE DEBT than before…

Greek rescue bizarrely increases its debts

…with the only “bailouts” going to bankers (like Goldman Sachs) that caused the problems in the first place…

ZeroHedge Shocker:  Greece bailout nothing but Greek-funded bailout of European Banks

…and the financial markets not exactly soaring in response to such “bullish events,” not only in Greece…

…but EVERYWHERE “pro-bailout” forces are arising, such as Spain…

…Italy…

…and Portugal…

…as well as nations where “anti-bailout” forces have gained the upper hand, such as France…

…and Germany…

The overarching point is ALL you read about European “bailouts” is pure GARBAGE, simply “Tower of Babel” noise drowning out the inevitable, imminent collapse of the Euro Zone – and with it, many of its components for generations to come.  I have NEVER been more confident of this outcome, and find it difficult to fathom the scenario of a single, unified Euro Currency by year-end.  At the least, Greece, Spain, Portugal, and Italy will be goners within a year’s time, at which point all the MONEY PRINTING, MARKET MANIPULATION, and PROPAGANDA on Earth won’t be able to keep the status quo together…or PHYSICAL PM prices down.

PROTECT YOURSELF, and do it NOW!

Call Miles Franklin at 800-822-8080, and talk to one of our brokers.  Through industry-leading customer service, and competitive pricing, we aim to EARN your business.