Friday, November 5, 2010

Let Them Eat Cake




This dude here just had his best day ever in the stock market. Watch him brag about it on Fast Money today about how he's been riding Bernanke's money printing wave.
Way to go Bernanke! You are robbing from the hard working middle class and transferring their hard-earned cash to thieves like this.

But if you want to survive in this world, this schmuck Brian Kelly ought to be your role model. The Fed has an inflation targeting mandate. The Fed, an anti-free market secret society that is not democratically elected but rather appointed by a consortium of international thugs and yet they are more powerful than the government. This clandestine banking cartel is turning us into a nation of gamblers. You better own gold if you want any chance of survival. Yet gold is so speculative, what if it corrects 30% after you buy it! Well, that's the risk you are going to have to take.

So quit your jobs, working for an honest living is just not going to cut it. The value of the dollar is collapsing and with that all your precious time and labor is worth nothing. The gambling stocks by the way are on a tear! Look at LVS for one. How telling is that!

The Fed allowed the stock market to crash for 6 months in the fall of 2008 and early 2009 until most people lost their savings and were forced out of the market at the bottom. Market participation by the public was at its highest until that. Where was the Fed to save the market then? Yet now when most of the public are out of stocks and it's only PD's, their machines, and hedge funds in the market, now the Fed will not allow the free market to determine prices, no now the Fed will not let the market go down, they will drive asset prices all the way up until they can lure the public back in at lofty prices again. Meanwhile the speculators would've already made hundreds of millions. QE is just a direct transfer of your tax money to their pockets, keeping the price of real estate in the Hamptons from ever depreciating. It's very clear who the Fed works for, and this mafia wants to force everyone into gambling and prostitution for survival.

Inflation is great for speculators but terrible for the middle class. For average people in america or what the press and elites often referred to as the proverbial "little guy", food is the largest component of their spending. That the price of a half gallon of milk goes up from $2.50 to $5 hits them really hard. But for the speculative elite, they're laughing if you bring that up, after all the prices of big ticket items like mansions and yachts are falling in price. People in our government as well as Bernanke and Fast Money etc live in a completely different reality from the commoners.

When our politicians refer to The American People, what they are really saying is gullible suckers!

On another note, I perused a number of articles about George Soros the other day where he was angry at Germany for their austerity, he actually said germany caused the great depression with their austerity! My goodness, everyone knows it was just the opposite, it was their monetary easing that led to hyperinflation which resulted in Weimar depression. But Soros, the man who was hailed a hero by the financial community for breaking the british pound in 1992 and making a billion dollars overnight at the expense of hundreds of thousands of ordinary people's livelihoods, this singular man who bets against the masses, has been stating over and over again that SDR's will be the new reserve currency, that it will be backed by a basket of gold, other precious metals, commodities and select strong currencies. So Soros has every reason to want the US dollar to crash, he is betting on SDR's and the only way for the dollar to be dropped from reserve currency status is for it to crash. And though he doesn't openly state it, this is the reason why he has been pushing for a massive QE2 and chastising Germany for pushing austerity.


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