Thursday, December 15, 2011

CNBC joins MSM's PORE on 'Gold' and 'Gold Bulls'

Now, very quickly, CNBC has joined the MSMS’s PORE against Gold and ‘Gold Bulls’ and ALL things ‘Gold!’ Read our earlier Blog, this very day, to understand what is the PORE and other things.

These things really do become uproariously hilarious when you do see the ‘puppets’ and the ‘strings’ and the ‘Puppet Master!’  The former should be obvious, from all our Blogs and web pages, and the latter will be revealed long into the future in a totally different forum.

This MSM PORE on Gold will very soon be a ‘Full Court Press!'

Are you ready for the rest of the machinations that will follow the coming year's insanity (that will be represented as sanity) and that will most severely rock you, your company, this country and the whole world?

I would strongly suggest that your company consider subscribing to our services.  And, I will lament for all those unprepared “Sheeple” and the "Sheeple Companies” that will be caught totally by surprise - with what is now in store for all the world!

Gold Sheds 'Can't Lose' Status: Now, No One Wants It

CNBC – 1 hour 59 minutes ago
In just three months, gold (Exchange: XAU=) has gone from the trade that works in every kind of market to the trade that doesn't work in any market.
Bullion is off more than 17 percent from an all-time high reached in September as strapped hedge funds and sovereign funds sell the metal to raise funds and the strong U.S. dollar (Intercontinental Exchange US: .DXY) strips it of its safe haven status.
For a time, gold rose with stocks and other assets as central banks added liquidity to stem off a global financial crisis. It also climbed in down equity markets as investors crowded into the trade for its traditional status as a store of value in tough times.
"Gold was a safe haven, a hedge and a speculative trade all at the same time," said Michael Murphy, CEO of Rosecliff Capital, a hedge fund. "Long gold has been a winning trade for years. We expect the selloff in gold to gain momentum into 2012. Traders are finding better hedges, better safe havens, and better speculative commodity plays than long gold."…
…. In just four days, the gold sell-off has turned violent, plummeting more than $100 to breach the $1,600 level. On Wednesday gold fell with stocks. The next day, the metal fell even as the equity market rose.
"When an asset is thought to work in any market, that is the surest sign of a bubble," said Stephen Weiss of Short Hills Capital. "I believe we will hear about massive central bank selling to put currency in markets."… “    

This is the ‘real deal’ now folks.  I really do pray for all those that will not be ready for the events that will catch almost all the world unawares AFTER the “Great Deception of 2012.”

See, our many, earlier posts and web pages to get a sense of the economic turmoil and chaos that is so soon (after winter 2013) to envelope all the world.

No comments:

Post a Comment