For foundational understanding of today’s Blog, you must carefully read our Blogs of 11/11, 11/18, 11/21 & 11/25/11.
For, only then will the Mainstream Media (MSM) fog be ripped from before your eyes and only then will you just begin to see, really clearly when you read MSM 'stuff,' and to understand these incredibly complex matters, in which seemingly accidental things, issues and crises are NOT accidental at all but are quite obviously planned and executed so as to reduce the greatest number of people in all the world to the greatest levels of absolute poverty. This process has been in play for many, many years and is covered in our inaugural Market Review in some detail.
This will be a most elucidative Blog. In it we will identify, in a very limited fashion, the “Means and the Methods” (M&M) by which the “Sheeple” are herded and corralled and psychologically compelled by artificially and very artfully constructed ‘reporting’ and ‘editorializing’ in ALL the world’s MSM.
Once such M&M is examined in retrospect, then and only then, are the artificial prompts of the “Sheeple,” to make them buy EXACTLY the wrong investments at EXACTLY the wrong time, revealed. The process and mechanisms by which this process is accomplished we will now call MSM’s “Pys-Ops Reporting & Editorializing” (PORE).
As supported by the evidence below, we do strongly believe that MSM’s PORE is a carefully scripted stream of ‘disinformation’ that is meant to fashion a series of unwise and foolish investments on the part of the “Sheeple” and, thereby, ultimately reduce the “Sheeple” to poverty by the incredibly stupid investment decisions that have been ever so craftily and evilly prompted by PORE!
Namely, the PORE of the MSM contributes to creating the new POOR of this country and the world!
Namely, the PORE of the MSM contributes to creating the new POOR of this country and the world!
No better example exists than the examples that we will offer today of the power and the insidiousness and the evil of the MSM’s PORE strategy, as follows from just a few days ago:
#1 Around November the 1st of this year, Dennis Gartman went long on GOLD , saying, “… the authorities have no choice but to inflate their way out of the morass that they’ve found themselves falling into and that shall mean the diminution of currencies generally and the advancement of gold as the only currency not diminished… “,
#2 around November the 8th Gold analyst and newsletter writer, James Turk, predicted gold would rise to $11,000 per ounce,
#3 Goldman Sachs reaffirmed on November the 14th that their overweight position in gold and in commodities. On gold it says it will roll over its Dec 11 long to Dec 12.
"We expect gold prices to continue to climb in 2011 and 2012 given the current low level of US real interest rates, and as a result recommend a long gold position.
#4 Credit Suisse on November the 14th that “gold may climb over $1,800 in the coming days with negative real interest rates as the ‘key driver’. ”
#5 Forbes, a leading player in the MSM, published on November the 9th (http://www.forbes.com/sites/afontevecchia/2011/08/09/gold-hits-all-time-high-of-1778-as-jpmorgan-says-it-could-test-2500/) by which the “Sheeple” were ‘informed’ that Gold could hit $2,500 per ounce by 12/31/11!Now compare all of these (probably seen or read by tens of millions of "Sheeple") with Polestar Communications’ forecast of Gold that we made on 11/21/11, which was actually implicit in the Blog of 11/18 “…Gold fall to $1,450 90% probability, or to 1,350 50% probability, or to $1,275 30% probability,..”
NOW, after yesterday's Gold collapse, the MSM has begun the opposite attack on the poor befuddled “Sheeple” as the MSM’s PORE will ever more strongly belittle all the “Gold BULLS” and ALL who are foolish enough to own Gold, with viciously scripted and quite disingenuously crafted screeds against Gold, such as the following beauty that is from the following article of just today:
“With the dramatic moves of gold and the recent decline from its peak, I think some investors will be deciding whether they want to continue to invest in that share class,”
Paulson’s Bright Spot May Fade as Gold Plunges
Bloomber: By Kelly Bit - Dec 15, 2011 12:01 AM ET
Until this month, gold had been the bright spot for Paulson & Co. clients, who can choose to invest in gold-denominated shares of the hedge funds. Photographer: SeongJoon Cho/Bloomberg
John Paulson, the hedge-fund manager enduring the worst year in his career, may be facing a final blow from this month’s selloff in gold, an investment that mitigated losses at his $28 billion firm earlier in 2011.
The SPDR Gold Trust (GLD) exchange-traded fund, of which Paulson was the largest shareholder as of Sept. 30, fell 10 percent from the end of last month, and all eight of his gold stocks slumped with a 9.6 percent decline for bullion. The declines would translate into a $672.1 million paper loss on those securities for Paulson & Co., assuming his holdings haven’t changed since the end of the third quarter, when the firm reported its equity stakes in a regulatory filing.
Until this month, gold had been the bright spot for Paulson & Co. clients, who can choose to invest in gold-denominated shares of the hedge funds. Gains in bullion had alleviated losses of 46 percent, in the dollar share class, for one of the firm’s biggest funds this year through November. Paulson also offers a dedicated Gold Fund, its best performer this year.
“With the dramatic moves of gold and the recent decline from its peak, I think some investors will be deciding whether they want to continue to invest in that share class,” said Don Steinbrugge, managing partner of Agecroft Partners LLC, a Richmond, Virginia-based firm that advises hedge funds and investors.
…Paulson cut the so-called net exposure in his main funds to 30 percent last month and reduced bullish bets across all his funds on stocks including gold companies.
…Armel Leslie, a spokesman for Paulson, declined to comment on the firm’s potential gold-related losses.
Paulson & Co. held shares of SPDR Gold Trust and eight gold companies in the third quarter, according to its 13F filing. The firm, which uses the ETF to denominate the gold share classes of his funds, pared its stake in the gold trust to 20.3 million shares from 31.5 million as of June 30.
The firm was the largest holder of American depositary receipts in AngloGold Ashanti Ltd. (ANG), the third-biggest gold producer. Paulson also owned shares or ADRs of Gold Fields Ltd. (GFI), NovaGold Resources Inc. (NG), Randgold Resources Ltd. (RRS), Agnico-Eagle Mines Ltd. (AEM), Iamgold Corp. (IMG), Barrick Gold Corp. (ABX) and International Tower Hill Mines Ltd. (THM)
200-Day Average
Gold’s plunge to a five-month low sent it below its 200-day moving average for the first time in almost three years, signaling more declines to traders who follow technical analysis. Bullion fell below $1,600 an ounce yesterday to settle at the lowest level in five months as a stronger dollar curbed demand for the metal as an alternative asset. …”
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