Ninety percent of the herd remains stuck in the old paradigms and phony numbers. This trash is fed to the Sheeple daily to keep deliberate nonsense in play. Stories and essays continue to pour out using meaningless stats to prove a point that is totally irrelevant.

Look hard at fundamentals and use technicals to discover accurate cycles and timing for trading and investing. If you begin a discussion with a grand set of phony facts based upon Big Boy Banker’s and Politician’s Drool, you can never even get close to an accurate answer.

In this discussion, we suggest some common sense ideas to discover clear-cut answers. When a banker or politician with an agenda (and that’s most of ‘em), offers some grand new idea, take the other side of the trade. It’s especially important to be a contrarian when there is no reason for someone offering some strident opinion. Shakespeare told us, “The lady doth protest too much - methinks.” Applied here, you can see that some wise guy is planting fictional news to promote his agenda and most probably its nonsense, or the opposite of reality.

The largest packs of lies we can report are: determination of unemployment, joblessness factoids, and the reasons why we are where we are. Here is some interesting stuff to consider…

It has been reported that the US work force is normally about 185,000,000 people with a typically standard unemployed number at 5%. That is supposed to be the norm. Okay; now consider that the official numbers of folks on US Government food stamps is near 47,000,000. Yet, one often touted and reported “official”number of jobless people is 15,170,000 unemployed. Explain how those numbers correlate. It seems more likely that those 47,000,000 getting food aid are either underemployed, or unemployed.

Even if you cut the 47,000,000 in half and say 23,500,000 are jobless, that is a far cry from 15,170,000. Our colleague at Shadowstats.com, John Williams, is reporting a realistic jobless number between 22.5% and 23%. John worked on this stuff for years in Washington and he knows what he is talking about. He is highly respected in our industry.

If we take 23% X 185,000,000 we get 42,550,000 people who are not working (or are underemployed to the extent they need food stamps and other kinds of aid from friends and family). That much larger number makes more sense when you count the food stamps statistics. Some may say we aren’t the sharpest knives in the drawer, but 42 Million is not even close to 15,000,000! See what we’re saying here?

Other examples relate to daily trading in rigged stock and bond markets throughout the world.

One pile of “barnyard stuff” that was promulgated by the treacherous bankers was the recent LIBOR scandal. Some say this cost the lending community a cool trillion dollars. One foreign bank just paid a fine on this mess for about $340,000,000 with no criminal proceedings attached. A nasty howl of protest ensued as it was felt they got a slap on the wrist and were allowed to just walk away from a really heinous crime. The fine was probably paid with stolen taxpayer funds to boot.

NOW what have these treacherous idiots dumped on the gold community?

Here are some falsehoods we regularly see spouted all over the Internet, posted by international media of all stripes and most particularly from the financial community in New York, or by Washington politicians.

The current polls are probably the worst nest of snakes to hit D.C. in years. The man and woman in the street know this and are totally turned-off on voting and election process participation. We say, don’t do that. Get out there and vote even if you think your one vote has no power and is meaningless. If you don’t vote you better not complain about these turkeys.

Before we list gold stuff, here is a very important point: when you criticize an analyst or someone offering an opinion on market direction in precious metals, please state whether you mean one day, a few days, a few weeks, a few months, or decades. This really matters-please!

We have seen some very influential and bright guys get slammed unfairly because some dope reading his work did not pay attention to the timing cycle. This happens every day. Pay attention. Those of us that do this work are not perfect. We cannot call tops and bottoms. I’ve done it about three times in many years, and can assure you it was just an accident that lined-up perfectly because our technical math worked out well.

Rather, we like to do good forecasting work based upon the best fundamental and technical analysis we can find. If you are trading and investing and your game is on the primary trend, either up or down, you win. Top and bottom calling is a fool’s game. Don’t do it. Go for a slice in the middle staying on trend and forget pivot points trying to maximize a trade.

Some other fictitious numbers we must work with include the GDP report. This is very important, so they always tell us it’s growing at +1-3%, usually with the happy middle being the number of the day at +2%. Heres some news folks: we see USA GDP sliding badly along with similar accidents in the process. We say the US is -1.5% to -2% and that is Greater Depression II territory.

Some are saying with an unmitigated flash of brilliance that we might be in a recession. Wow! No kidding. In our view, with joblessness at 25% and rising, we are there baby, and it’s going to get a whole lot worse.

This blundering herd of dolts, with their wild printing of bonds and currencies, are going to get a hard lesson in blasted bonds and inflation followed by hyperinflation.

We say, good! Get it over with, as their cure is no cure at all but rather consists of extend and pretend, stretching out the pain of millions to promote their crooked game.

The beautiful irony of the ending is something ya just gotta love! The mountain of crappy paper they produced for all their phony credit and cash designed to keep this game in play goes toxic and becomes worthless. The very mess they produced will take them down, as they are the largest holders of these so-called crummy assets. How is that for divine justice?

Instead of ruling the world with one government and one currency these crooks are going up in credit-currency flames done in by their own nefarious plans. Further, with hundreds of millions of very unhappy people in the streets, would you want to be a banker or politician? Is good old USA western justice on the way? We hope people stay sane and use the courts. However, this is not what the history books tell us. We’re not going to the movies for entertainment. It’s much more fun watching to see how this adventure plays out. Methinks it’s coming in Q4 2012, or Q1 2013. Fasten your seat belts.

Good Traders and Investors Know Emotional Control is Paramount.

Gold has proven itself to be the ultimate asset for thousands of years. In times of trouble and depression, all people accept gold, as it has intrinsic value and holds no counterparty risk. Yes, it is not the perfect daily trading currency, however, if you could hold $100,000 in USA or Canadian gold coins, or $100,000 in USA paper dollars, which would you prefer?

Conditions are so scary-rotten out there that gold and silver will be the ultimate go-to assets for retention of value, increase in value and hold the ability to be accepted by all, anywhere in the world. Just this past week, two of the largest traders in the world came back into the gold market and they are heavy; as in billionaires. They did not make their money being stupid. They are very astute and canny traders and vote with a huge purse.

Big Pharma Has Damaged Millions of Kids Who Are Now Adults.

This fact is not difficult to figure out. We have thousands of kids who were put on drugs by parents/teachers/doctors to calm them down. We have been fed a steady injection of lies that our offspring have “disorders” that must be treated with drugs, when in reality they just need a good spanking. However, since the drooling PC idiots passed rules where kids cannot be disciplined or you go to jail, we’ve grown two or three generations of nutcase kids; now adults and doing naughty, deranged stuff… possibly and probably related to the side-effects of Big Pharma’s newest “miracle pill” – take a look for yourself: the list of precautions, dangers and side effects is in type-font 8 and takes up two pages to every one of the seller’s advertising pieces.

Believe it or not we think the observation of all these messed up minds has indeed altered the social graces and intelligence of supposedly normal adults. They have no clue as to what is real and what is unreal. Years ago a family relative told us that we’d see the mental asylums over-flow. She was correct; but many of these victims are in jail as well as in the hospital and sadly, more are dumped into the streets of our nation.

How does this relate to trading and investing? We have to contend with weird markets, dishonest leaders and fund managers and a laundry list of other psychopaths we’ve discussed in previous essays and a good percentage of them are a product of Big Pharma’s antics. This really can affect the markets and traders’ behavior.

Bloomberg reported last evening that the volume on the NYSE has been steadily dropping since 2007. Yesterday, it was 450,000,000 when the daily turn is normally 1,700,000,000 averaged over prior years. Does this mean the stock market is dying? We don’t think so but you have to wonder: what in the world is happening?

We say what is happening, is investors and traders are voting with their feet and getting out of the way as they particularly fear the 4th and following quarters. Investors do not like unknown stuff and between New York activities and gaming the system (and the even worst kind in Washington DC), it just seems better to keep your powder dry and run with the money.

The Asians have been through these conditions for centuries. They are hard-core hard asset investors and buyers. Gold is number one on their lists and they aren’t selling any. This week in Tokyo it was reported the younger generation is quickly turning to gold. This was unheard of in past years.

Likewise, Middle Easterners are all big gold buyers and holders. In India, where recession took hold, they cannot afford their normal 25% purchase of all annual global gold sales, but this does not mean they are not working on it. Indians in India are smart gold buyers/traders and magnificent jewelry producers. Women are often seen wearing their entire passbook savings account in gold jewelry.

In the US, smart folks are buying farmland, forest lands, investing in agricultural crops and most importantly buying gold, silver and items on lists related to daily needs.

The rough times we’ve seen over the past decade are not going to improve until bond-land cracks up and we can start over on page one. It’s coming, but those in charge are straining and wheezing in a legendary effort to promote their old games. They are about out of credit bullets, so we can see the trail’s end. We say, bring it on and get it over with as this is like water torture, and it is excruciating.

Rules For Trading and Investing in Hard Assets:

1.       Buy something that is easily sold to others.

2.      Buy something that has growing value.

3.      Buy gold and silver from major nations recognized by all throughout the world.

4.      Keep your mouth shut regarding your purchases.

5.      Hide assets in non-obvious places.

6.      Stay out of banks with gold and silver 100%.

7.      Understand you can be ripped-off 100 different ways.

8.     Don’t trust anybody (except your spouse).

9.      Understand anything going through your computer is international news to everyone in the entire world. Firewalls are a joke. Same thing in the paper mail systems.

10.  Have a trading system that is proven and that works. Buying a few silver dollars each month is good trading system. Same thing for gold.

11.   Stock your house with months of daily needs that won’t spoil. This will save on inflation, extra store trips, and covers your You Know What in an emergency.

12.  Set your trading and investing plans in advance. If markets erupt, have a written plan with details on what to do next.

13.  Making decisions under duress makes bad decision-making: don’t make decisions under duress (if you can help it).

14.  All markets are balanced and even. The buyers and sellers are even. We are just in the game to earn more than the others.

15.   There are equal numbers of shares and futures bought and sold.

16.  There is a buyer and a seller in each and every transaction.

17.   If you are not capable to select shares, stocks, or trade futures, just buy coins and buy them steadily with a savings plan. Bank savings is a disaster. Buy from a good physical metal dealer and above all: take possession.

Keep your wits about you when others are losing theirs. Big Pharma and the follow-on lawsuits for medical mistakes produce two giant money-making industries. Drop out of that system, home-school your kids, go to college on the Internet, grow a garden, build your own business, live under your means, live a simple clean life and watch the disaster messes unfold… just don’t participate! - Traderrog

Roger Wiegand

www.webeatthestreet.com

Contact Claudio Bassi, at Trader Track’s New York City publishing offices for a trial subscription.  Call 718-457-1426  Monday through Friday, 9:30am to 5pm or, e-mail cbassi@miningstocks.com

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