Worldwide Economic Collapse Accelerating – At a Frightening Pace

• Worldwide Economic Collapse Accelerating – At a Frightening Pace
  by Andrew Hoffman, http://blog.milesfranklin.com/  
  … OK, back to “business” – which sadly, involves the daily description of a global economy dying of fiat cancer; per last weekend’s Audioblog, has fostered an unprecedented environment of lies, propaganda, and stupidity. Frankly, I considered writing an entire article devoted to the universally moronic “analyses” of Sunday night’s “paper gold massacre“; as incredibly, after 15 years of relentless, blatantly obvious gold manipulation, nearly the entire “financial community” – from “experts” to “gurus” to pure charlatans, appear to actually be getting dumber. Sure, a handful of us understand what’s going on; but ominously, not only are the “99%” clueless, but much of the “Precious Metals community” as well. Just perusing Kitco’s “market nuggets” last night, it couldn’t be clearer how little people understand of the manipulation of not just gold, butall financial markets – particularly, so-called “experts” relied upon to manage money. Nor, for that matter, relationships as simple as (manipulated) Precious Metals relative to (manipulated) currencies, commodities, stocks, and bonds. Which is why identifying the handful of “good, smart people” – i.e., those who not only know what they speak of, but have your best interests at heart – is the most valuable “financial decision” you can make. Unquestionably, the Miles Franklin Blog is one of the few information oases in the desert – and if you ever want to know our views of others “expertise” on such matters, just ask!
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  Anyhow, before I get to the horrific economic implosion that is the subject of today’s article, I want to highlight an aspect of said Precious Metals manipulation; which, for anyone with common sense, proves what we have been saying all along. Which is, a graphic depiction of how blatant the Cartel has become. Recall, inyesterday’s “biggest supply reaction in commodity history,” I clinically described May 2011′s “Sunday Night Paper Silver Massacre“; which clearly, was the manipulative “blueprint” for this Sunday’s paper gold attack. In it, I described how on May 2^nd, 2011, the “other” metal – in that case, gold – recouped all its post “bin Laden killed” losses by the 12:00 PM “cap of last resort” time on Monday; prompting a violent attack in the trading day’s final four hours, despite not a shred of incremental news or material outside market movements.
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