Tuesday, September 9, 2008
6:30AM PDST GT IS FINALLY BACK ONLINE
Well, I don't think we have to discuss how we all feel about what's going on because we're all big boys and girls...RIGHT?
When guv'mints manipulate the medium of exchange and change the rules we use to make exchanges every other minute, how can you expect anything but chaos?
Gold is probably selling off because a lot of hedge funds, etc. are going broke and selling all their remaining positive positions.
That coupled with people just generally running to cash until the smoke clears and, in some cases, people are running to the dollar just because they want to believe everything has been fixed now.
SO MUCH FOR THE AMERICAN EDUCATIONAL SYSTEM.
TV PROPAGANDA RULES ALL RIGHT NOW!
I suggest you all just watch THE DAILY SHOW, COLBERT REPORT, AND KEITH OLBERMANN to be able to hang on to what sanity you have left.
Gold is now sinking even further on strong volume
IF YOU ARE IN A CASH POSITION...HANG ON TO IT!
YOU DON'T PANIC SELL RIGHT NEAR THE BOTTOM IF YOU ARE IN CASH PMs.
Just bite your lip and watch a movie or go prepare your backyard for your survival garden.
READ ELAINE MEINEL SUPKIS EVERY DAY
AND BOB CHAPMAN WHENEVER POSSIBLE.
I am always dejected when Jim Sinclair doesn't post more specifics during these types of sell offs, but his position is that you should be in cash and NO MARGIN, so he is really only doing what he has always done.
Still, it would be nice to have more of his specific insights into the details of this GIANT FRAUD OPERATION.
More later as things become more clear.