PM Fund Manager On “Illegal Manipulation Of Gold/Silver By The Fed/Government”

This country is nothing but a corpse with a pulse – dead man walking – and the endgame is going to be painful for just about everyone.

 

Submitted by PM Fund Manager Dave Kranzler, Investment Research Dynamics

end badly

I wrote an article in collaboration with Dr. Paul Craig Roberts about the degree and illegality of the ongoing intervention in the precious metals markets by the Federal Reserve in conjunction with the Treasury’s Exchange Stabilization Fund.   The signs of intervention and manipulation in the daily market activity have become blatant, with the operators making absolutely no attempt to hide their actions.

As Dr. Roberts nicely summarizes the situation:

Just as Washington places itself above laws prohibiting torture and naked aggression in order to conduct its self-declared “war on terror” and above the Constitution in order to construct a domestic police state, Washington places itself above the laws prohibiting market manipulation.

Obviously, the government’s claim to represent the rule of law is as false as all its other claims.   The foul stench of corruption and hypocrisy that emanate from Washington is the smell of a dying country.

You can read the entire article here:  The Lawless Manipulation of Bullion Markets by Public Authorities

Unfortunately, as Dr. Roberts points out, the extreme degree to which the public authorities are manipulating all the markets – not just the precious metals – reflects the the degree to which these authorities are trying to prevent the collapse of the United States.  Of course, their motive for holding the system up is to enable them to keep looting as much wealth as they can before the dollar collapses under the sheer weight of fraud and corruption.

This country is nothing but a corpse with a pulse – dead man walking – and the endgame is going to be painful for just about everyone.

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