馬田大師--Did Operation Twist Send 30 Year Rates to Record Lows

Ows Gold.pdf

Copyright Martin Armstrong all right reserved October 7th, 2011
Occupy Wall Street, Gold &
Did Operation Twist Send the
30 Year Rates to Record Lows?
The Occupy Wall Street movement is going national. There were a few hundred now in downtown Philadelphia opposite my office and some have tents. This movement lacks a clear direction. Some signs said jail the rich. Others seem to be Marxist and demanding an end to capitalism. This is the problem when the market manipulators own the SEC, CFTC, the courts, the press, and the prosecutors no less Congress. They are not about to arrest primary dealers who sell their paper for them they would fear not being able to borrow money. The primary dealers are financial crack dealers that have Washington hooked. This is now turning to target Goldman Sachs and Congress. This should get interesting. Leave the stock brokers alone! They are not “Wall Street” as that term has been used.
The protestors, even if they spout Marxist dogma, have an ABOSLUTE right to protest even if I disagree with that dogma. If they are not free to speak, they neither am I. They were not being abused in Philadelphia as has been the case in New York City. The NY Police Department (NYPD) is illustrating for the whole world just how corrupt NYC really is. Many foreigners have commented that what should everyone expect when Bloomberg is the Mayor and his business was servicing Wall Street. Yet just as the bankers donate to politicians, J.P. Morgan Chase is believed to have just donated an unprecedented $4.6 million to the New York City Police Foundation. The gift was the largest in the history of the foundation. So, it is presumed that NYPD will defend the bankers to the bitter end.
It is a shame that the market manipulators have given Wall Street such a bad name. The Panic of 1869 was called Black Friday because they dragged the bankers out and hung them on Wall Street. It was no about shopping. This whole thing can get very ugly and this is preciously what I have always been against the market manipulators. They give everyone else a bad name. They will destroy society for a quick GUARANTEED dime. They are the reason for the rising hatred of Americans in general and the corrupt court system in New York is destroying the entire world financial system to protect the banks.

GOLD
I still get emails of people who will just not stop with the gold standard stuff. They just don’t get it. BEEN THERE – DONE THAT! We had a gold standard and they still printed more dollars than there was gold at the “standard” fixed rate. It is NOT what is MONEY, but who is in charge of the system. We need POLITICAL REFORM, not some gold standard. Those who keep yelling “fiat” think money is a store of value. It NEVER has been. Gold should be free so you can buy it as a hedge. Why would you want to hand it back to government? Additionally, these ideas that somehow unless money is 100% backed it is not real is nonsense. To create a system they purport you have to eliminate credit, borrowing, and banking. If you have a $20 gold piece and deposit it in a bank and I borrow $20 in gold, we both have accounts showing $20 but there is just one coin. ALL credit leverages the money supply creating a “fiat” system constructively. To create a world where money is an IOU on a one-for-one-basis, there cannot be ANY credit whatsoever. Gold is a hedge. Leave it alone. We don’t need government getting their dirty hands on it. Hello! What’s the problem!
For now, it will take a daily closing ABOVE 1822 to signal a low is in place. Otherwise, a weekly closing BELOW 1605 will signal a renewed decline or a daily closing below 1577.

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