|
“The Fed’s
credibility has been tarnished by the easy credit policies it pursued and the
lax regulatory oversight that let institutions ratchet higher their balance
sheet leverage and amass huge concentrations of risky, complex securitized
products…”
William
Donaldson
Arthur
Levitt
Investors’
Working Group Report on Systemic Risk Regulation
For excellent reasons, Messieurs Donaldson and Levitt, former
Chairmen of the S.E.C. (and establishment figures par excellence), recently
recommended that the private for-profit U.S. Federal Reserve NOT be
The Systemic Risk Regulator, contrary to the unwise Obama administration
proposal.
Indeed Investors world-wide have suffered greatly and continue to be
at great Risk due precisely to reckless (or planned, as the evidence we set
forth in “Coping with the Superpower-Cartel Threat!” 1/30/2009 in
the ‘Articles by Deepcaster’ cache at www.deepcaster.com indicates) Fed-led
Cartel* Policies and Actions.
Clearly The private for-profit Fed’s favored Mega-Banks (think
Goldman Sachs and JP Morgan Chase) and, perhaps, its shareholders, have been
the Main and virtually only substantial
Beneficiaries of the U.S. Taxpayer-funded Bailouts.
This does not bode well for the Economy or The Markets.
Consider:
1. The financial health of the U.S.
Consumer/Taxpayer and, often, mortgage holder
(“Households”) --- who is 70% of U.S. GDP, is worsening, with no relief in sight.
2. Real U.S. Unemployment is at
20.6% and rising (shadowstats.com)
3. The Bailouts and Stimulus Bills
help mainly the Mega-Financial Institutions, and not the aforementioned
Households who are, we reiterate, 70% of GDP.
4. Trillions are being added to the
U.S. Budget deficit, National Debt and downstream unfunded liabilities. The
money is being borrowed under great duress by the U.S. Taxpayers at interest
from the private for-profit U.S. Federal Reserve which prints it for free. Obviously,
this Multi-Trillion Dollar debt (counting unfunded downstream liabilities,
now approaching $70 Trillion) can never be repaid without degrading
and ultimately likely destroying the U.S. Dollar.
5. Degradation of the U.S. Dollar
over the next very few years entails degradation of the Purchasing Power of
those who Invest, earn and save, and especially of retirees.
6. This Dollar destruction process
is also resulting in the Stealthy (and recently not so stealthy) transfer of
wealth to the Mega-Financial Institutions (Think Goldman Sachs and JP Morgan
Chase), much to the detriment of nearly everyone else in the world including
Regional, State and local bankers.
7. Hundreds of billions in
Adjustable Rate Mortgages will reset in the U.S. in the next two years adding to credit woes.
8. We expect to be hit with a major
Northern Hemisphere Swine Flu Epidemic this Coming Winter.
9. “One thing certain today
is that the first wave of millions of unemployed people no longer entitled to
(unemployment – ed.) insurance benefits will hit the U.S. between July
and September, 2009 – other waves are following” Leap 2020.eu
10. The U.S. Government (Taxpayers) have already devoted $4.7 Trillion in
Bailouts to help the Financial Sector and the U.S. A.’s maximum Bailout Exposure could
hit $23.7 Trillion according to Special Inspector General Neil Barofsky.
…just to list a few Fundamental Realities.
Therefore, in our view there are thus only two reasonably likely
scenarios for Equities through the rest of 2009, and beyond.
The least likely is that The Cartel* engineers a Flat or,
more likely, a choppy Market phase for the next two to three years. The
Cartel* would do this because the “political heat” was too
intense, with the “Audit The Fed” and “Abolish the Fed,
U.S. Treasury Instead”, movements becoming justifiably ever stronger. But
Fundamental Realities militate against this scenario. Even The Cartel would
have a hard time pulling this off.
But, the more likely scenario is that The Cartel* continues
to implement its ‘End Game’ plans. This would provide The Cartel
the opportunity to further consolidate its Power by (just to mention one
component of this plan) instituting several Regional or a ‘One
World’ Currency and in the process weakening or destroying the National
Sovereignty of major nations. For more details about the ‘End
Game’ and the implication for equities see “Coping with the
Superpower-Cartel Threat!” (1/30/2009) at www.deepcaster.com in the
‘Articles by Deepcaster’ cache, and Deepcaster’s August,
2009 letter in the ‘Latest Letter’ cache for details.
It is important to consider the Prospects for Gold and Silver in
light of implementation of The Cartel ‘End Game’ because Gold and
Silver are legitimately the ‘Safe Haven’ assets in troubled times
such as these.
In our view, were the Gold (and Silver) Markets truly free, Gold
would already be at least $2,400/oz (the approximate inflation-adjusted 1980
high).
But the fact that Gold is not already at least $2,400/oz (given the
foregoing disastrous Realities and Prospects) testifies to the fact that The
Cartel still effectively controls Paper Gold and Silver prices, unfortunately.
Most readers are aware of clear and convincing evidence for Cartel*
manipulation of the Precious Metals and other Markets, but those who are not
should consider the following note:
*We
encourage those who doubt the scope and power of Overt and Covert
Interventions by a Fed-led Cartel of Key Central Bankers and Favored
Financial Institutions to read Deepcaster’s December, 2008 Letter
containing a summary overview of Intervention entitled “A Strategy
for Profiting from the Cartel’s Dark Interventions & Evolving
Techniques” and Deepcaster’s July, 2009 Letter entitled "A Strategy
For Profiting From The Cartel’s Dark Interventions & Evolving
Techniques - II" in the “Latest Letter” Cache at
www.deepcaster.com. Also consider the substantial evidence collected by the
Gold AntiTrust Action Committee at www.gata.org
for information on precious metals price manipulation. Virtually all of the
evidence for Intervention has been gleaned from publicly available records. Deepcaster’s
profitable recommendations displayed at www.deepcaster.com
have been facilitated by attention to these “Interventionals.”
Those interested in what the Fundamentals, Technicals,
Interventionals and Political Realities (the four great determinants of
Precious Metals prices) tell us about the likely price performance for the
Precious Metals for the rest of 2009 should read Deepcaster’s August,
2009 ‘Forecasts and Portfolio Strategy Letter’ which can be found
in the ‘Latest Letter’ cache at www.deepcaster.com.
Unfortunately, as much as it aggravates us to say it, all
indications are that The Cartel still exercises substantial control over the
paper Gold and Silver Market Prices.
Moreover, in our view the only way to be sure one actually owns Gold
and Silver is to buy physical Bullion and Coins and take possession
yourself.
One reason to take physical possession yourself is because it is
doubtful whether many Gold and Silver ETFs actually possess the Precious
Metals they say they do, as Eric de Carbonnel points out:
“1)
GLD does not allow redemptions of its gold bullion
GLD’s
failure to allow redemptions in gold is suspicious. In fact, only two gold
ETFs worldwide allow redemptions in gold, and both of them are located in Switzerland: Gold ETF from Zurich Kantonalbank (ZKB) and
Julius Baer (JBGOUA).
Michael
Pennington makes this point effectively in his article WHY I BELIEVE THE GOLD
AND SILVER ETF'S ARE SCAMS:
‘The
most important aspect of investing in gold and silver is to take possession
of your physical metal. When these ETF's were created, they made it impossible
for any investor to take possession of their gold or silver. This should be a
major red flag alone.’ ”
Risks
in owning GLD
Eric
deCarbonnel, Market Skeptics, February 22, 2009
Enough said!
Further Testimony to The Cartel’s Power is the fact that, as
we have documented repeatedly, U.S. T-Note and T-Bond prices (and therefore
interest rates) can be managed by some $418 Trillion (as of
December, 2008) in OTC dark Interest Rate Derivatives Contracts as publically
revealed by the Ultimate Official Source itself – The Central
Banker’s Bank – The Bank for International Settlements in Basel,
Switzerland (see www.bis.org, Path: Statistics > Derivatives > Table
19).
Clearly, the ten year U.S. Treasury Note and 30 year U.S. T-Bond are The Pride
and Joy of the Fed-led Cartel.
Indeed, The Cartel can not afford to let long rates go too high
(e.g. over 4% on the ten year) for fear of really wrecking the Mortgage
Market and broader Economy as well.
Neither can they let long rates go too high (i.e. allow long Notes and
Bonds to become too weak) for fear of further delegitimizing their paper
Treasuries and thus further legitimizing Gold and Silver as the Ultimate
Stores and Measures of value.
In sum, the U.S. Dollar is likely doomed (by the Dollar destructive
policies of the private for-profit Fed) to collapse in the long-term.
But The Cartel can not afford to implement their ‘End
Game’ scheme (one component of which apparently involves eventually
destroying the U.S. Dollar) too quickly, lest they generate increased heat
from the U.S. Congress (in the form of support for Audit The Fed and Abolish
The Fed bills) – heat which might interrupt the ongoing implementation
of their entire nefarious “End Game”. See “Coping with the
Superpower-Cartel Threat!” (1/30/2009) at www.deepcaster.com in the
‘Articles by Deepcaster’ cache.
Indeed as Professor Antal Fekete points out, the very structure of
the private for-profit Fed/Treasury Securities Regime (which involves the
U.S. Taxpayer paying interest to the Fed on money the Fed prints for free)
involves a Stealth-Wealth transfer from Investors and Nations to the
Mega-Bankers of The Cartel.
Arguably a $13 Trillion transfer occurred in the six months
from June, 2008 to December, 2008, while Investors were losing trillion in
the Equities Markets Crash. During that six months period the Market Value of
the Total OTC Derivatives Contracts increased by over $13 Trillion! See
“Opportunities & Threats in Derivatives Shocker” (05/29/2009)
in the ‘Articles by Deepcaster’ cache at www.deepcaster.com. Follow the money!
Further, consider Professor Fekete’s brilliant observation on
what is, in effect, financial and monetary Perfidy.
“Paying
U.S. bonds at maturity in Federal Reserve notes (i.e. U.S.
Dollars) does not establish redeemability. The latter is just evidence of
debt secured by the former as collateral revealing that bonds are not really
redeemable at all. An interest-bearing bond is replaced by a
non-interest-bearing bond, that is, by an inferior instrument (i.e. the
Federal Reserve Notes – ed.). All you do is shuffle various forms of
irredeemable debt. When the world wakes up to this prestidigitation, the
international monetary system will not be able to survive the shock-waves. The
chaos that will engulf the world is appalling.
The
solution is relatively simple. The world’s monetary gold should be
remobilized. This can be accomplished by opening the U.S. Mint to the free and
unlimited coinage of gold. There should be no attempt to fix, cap, or
otherwise control the dollar price of gold.”
Open
letter to Paul Volcker
Professor
Antal Fekete, San Francisc o School
of Economics
So, how do nations, and Individual Investors cope with this Perfidy?
First, we must briefly describe how the Fed-led Cartel’s
Interventional Regime apparently operates. Then we will provide guidelines to
help overcome Cartel Advantages.
Considering Gold and Silver, it is becoming ever more widely known
that, The Cartel* regularly intervenes to drive down prices of Gold and
Silver in the market. These Precious Metals are the primary targets of The
Cartel’s interventions because they legitimately compete with The
Cartel’s Fiat Currencies and Treasury Securities as Measures and Stores
of Value.
As well it is becoming increasingly apparent that The Cartel
regularly intervenes in the Equities and Strategic Commodities Markets. Reflecting
the acknowledgment of massive ongoing overt and covert intervention,
no less an authority than the Dean of the Newsletter writers Richard Russell
recently finally acknowledged:
“This government will stop at nothing, even including
manipulation. What the Fed does not want is a swooning stock market, surging
Gold, or sinking bonds.”
Richard Russell,
05/06/09
www.lemetropolecafe.com
Deepcaster entirely agrees with Richard Russell’s recent
conclusion, (and, indeed has been writing about these Interventions for
several years now), but we would add one addendum. The evidence is
overwhelming that Covert (as well as Overt) manipulation in all
aforementioned sectors has been ongoing for several years. It is not
just a recent phenomenon. Confirming this view, the Secretary-Treasurer of
the Gold Anti-trust Action Committee (www.gata.org), Chris Powell, has
written an excellent comprehensive article “There are No Markets
Anymore, Just Interventions.”
Fortunately, Deepcaster has developed a Strategy for Profiting from
Gold and Silver despite Cartel Interventions. The highlights of that
Strategy are laid out at the end of this article.
But before laying out The Strategy, it is important to identify key
Cartel Advantages so we are in a better position to surmount them for Profit
and Protection.
1.) One considerable advantage of the Fed-led Cartel
is that thus far it ultimately controls, de facto, the structure and
regulation of the financial markets and the character and pace of economic
activity. Allowing The Fed to be the Systemic Risk Regulator would only
solidify their Control!
In
recent years, The Private-For-Profit Fed’s policy of facilitating
excessive borrowing, excessive Monetary Expansion, and the creation of
hundreds of trillions of dollars in notional value of Over-The-Counter (dark)
derivatives has been the Primary Cause of today’s Financial and
Economic Crises.
Specifically,
the Excessive Monetary and Credit expansion, and proliferation of Trillions
of Dollars of unregulated (dark derivatives), were the Primary Cause of the
financial market and economic Crises and the credit freeze-ups which first
became evident in 2008.
In
this regard, see Deepcaster’s article “Opportunities to Escape
Paper ‘Wealth’ ” (11/07/2008) sets forth detailed
Guidelines designed to help avoid the 401(k) devaluation or freeze up
problems. It can be found in the ‘Articles by Deepcaster’ cache
at www.deepcaster.com.
2.) A second major advantage which the accrues to The
Cartel and its Favored Financial Institutions, is their access to Dark
Pools of liquidity. These are de facto “Private Markets”
which are opaque, and generally unregulated, and in which hundreds of
billions in securities and derivatives are traded. These Dark Pools include
“Project Turquoise” and “Baikal.”
According
to the Bank for International Settlements (The Central Bankers’ Bank),
the total notional value of OTC (i.e. Over-the-Counter, private, not exchange
traded and thus “dark”) Derivatives of December, 2008 was 592 Trillion
U.S. Dollars. (See www.dis.org -- path >
statistics > derivatives > table 19ff.) When one consider that The Fed
has taken “only” about $2.2 Trillion of Toxic Derivatives onto
its Balance Sheet one realizes that there is considerably more potential for
system-threatening toxicity. Needless to say these Dark Markets allow all
sorts of chicanery to exist, because there are few public records to
scrutinize or any public reporting of trades in certain sectors.
So
much for the Fiction of the Markets providing a level playing field, fair and
open to all participants, in which price is determined by public trading at
prices known to all. More details regarding this topic can be found in
“Protecting & Profiting From the Dark OTC Derivatives
Contagion” (10/24/2008) in the ‘Articles by Deepcaster’
cache at www.deepcaster.com.
3.) A third substantial Cartel advantage is the
ability to manipulate and/or manufacture Key Statistics. Key Official
Statistics are often far removed from the Realities of the economy and market
place. For example, consider the latest Official Numbers versus the Real
Numbers thanks to Shadow Government Statistics.
Official
Numbers vs. Real
Numbers
Annual
Consumer Price Inflation
-1.4% vs.
6% (annualized June Rate)
Shadow
Government Statistics report July 15th, 2009
U.S. Unemployment
9.5% vs.20.5%
Shadow
Government Statistics report July 13th, 2009
U.S. GDP Annual Growth/Decline
-2.5% vs.-5%
Shadow
Government Statistics report June 25th, 2009
All the
above Real Numbers are calculated by Shadow Government Statistics the
old-fashioned way i.e. with the methods used before the official gimmicking
of these numbers, which began in the 1980’s and 1990’s. See www.shadowstats.com Alternate Data.
4.) The Fourth Advantage relates to the Favored
(versus disfavored) Financial Institutions -- the so-called Legacy Banks
or Mega-Banks, which are well connected to The Fed-led Cartel. Because of
their size and connections (some of them are The Fed’s Primary Dealers
and, likely, some are also the private for-profit Fed’s own
shareholders!) they are in a vastly superior position compared to medium size
or small size institutions.
In addition, they have been “bailed out” by the US
Taxpayers (with money, we reiterate, that the taxpayers borrow at interest
from private for-profit The Fed which prints it for free out of thin air or
with a few keystrokes). But given their dominant position, certain Major
Financial Institutions can and are starving the medium and smaller ones of
credit. This will allow the Mega Banks to acquire them and their
performing assets(!) for just pennies on the dollar.
Indeed, this phenomenon bears an eerie resemblance to the
Depression-era 1930’s, when assets were scarfed up ‘on the
cheap’ by the major financial institutions.
The starvation of the credit is not limited to mid-sized and smaller
Financial Institutions, but extends to investors and taxpayers as well.
They have increasing difficulty getting credit; or if they can get credit,
find it provided at usurious rates.
There
is thus increasing evidence that this is a conscious policy (which is a
component of the Cartel “End Game” as we call it) – to
acquire the assets of small investors and institutions cheaply and for the
benefit of the big international institutions, some of which, we reiterate,
are likely owners of the Private-For-Profit U.S. Federal Reserve. The reader
is invited to examine the evidence in “Investor Advantage -- Revisiting
the Cartel’s ‘End Game’ ” (3/6/09) in the
‘Articles by Deepcaster’ cache at www.deepcaster.com. Thus, we apparently have a
replay of the 1930’s all over again. A very few get wealthier; the vast
majority (including most investors and savers) are impoverished.
5.) A Final Cartel Advantage essential to Note
-- the ability to create unlimited quantities of Fiat currencies. The
vast amount of monetary creation by The Fed in recent years (ranging from
above 8% to over 16% annualized since 2006, see Shadowstats.com’s
Alternate Data) coupled with the multi-trillion dollar U.S. deficit and the
downstream unfunded future liabilities of the U.S. government/Taxpayer
(approaching $70 trillion plus and climbing), eventually spells doom for the
U.S. dollar as well as hyperinflation for the consumer.
Indeed the debasement
of the U.S. dollar has already begun – it has dropped over 30% in the
last few years, basis the USDX. This debasement is, in effect a Stealth
Tax on the US consumer and U.S. Dollar Holders world-wide. To recapitulate
the Money Supply facts, Shadow Government Statistics money supply (M3) growth
at about 8% (at the beginning of 2006) contrary to official figures, which
reported 4.5%. In March 2006, The Fed stopped releasing M3 figures and
shortly thereafter M3 began to shoot up to 16% in 2008 and then back down to
still-substantial 6.5% as we write. Whether an 8% or 16%, this staggering
rate of monetary inflation necessarily entails substantial price inflation
(because, inter alia, it greatly exceeds GDP growth). Indeed it eventually
entails hyperinflation.
So how can average investors and taxpayers surmount these
challenges? Deepcaster has developed A Strategy for Profit and Protection
with Gold and Silver in spite of the Interventions. We lay out the
Highlights of that strategy here (further details are available in the
article “Defeating the Cartel... With Profit” (3/28/09) in the
‘Articles by Deepcaster’ cache at www.deepcaster.com).
A
Strategy for Profit and Protection
Normally, (that is to say, in a Genuine Free Market situation) the
go-to “Safe Haven” Assets in times of Financial Crisis would be
the Precious Monetary Metals Gold and Silver, as well as other assets such as
Strategic Commodities.
We say “normally” because nearly every time yet another
Financial Market Crisis has come prominently into the public eye in recent
years The Cartel* of Central Bankers has successfully taken down the price of
what would normally be The Safe Haven Assets - - the Precious Monetary
Metals. A prime example occurred during the much-publicized demise of
Bear Stearns in March, 2008, which was accompanied by a vicious Takedown of
Gold and Silver. In a non-manipulated Market, given the fact that Bear
Stearns reflected great and increasing weaknesses in the Financial System,
Gold and Silver should have skyrocketed. But instead they were
dramatically taken down.
Yet, the late 2008 - early 2009 Crises appear to be
different. Gold launched from the mid $700s/oz. to around $900/oz.
during September, 2008, fell back to the low $700s and then launched again
toward $900 in December, 2008 and has actually exceeded $900 several times in
2009.
So the question now, at the end of July, 2009, is it different this
time around? Have Gold and Silver finally thrust off the shackles of
Cartel Intervention? Or will The Cartel be able once again to cap
and take down the prices of these Precious Monetary Metals and Strategic
Commodities? Deepcaster has addressed this question in a Forecast
he recently issued for the likely fate of Gold, Silver, Crude Oil & the
U.S. Dollar in his August Letter in the ‘Latest Letter’ cache at www.deepcaster.com.
One thing is certain: The
Cartel will certainly attempt again to take down Gold, Silver and
Crude Oil at the earliest opportunity because the Strategic Commodities and
Precious Monetary Metals are Competitors as Stores and Measures of Value with
the Central Bankers’ Treasury Securities and Fiat Currencies.
Yet there is a Strategy which accommodates Cartel Interventional
attempts and at the same time provides excellent Profit Opportunities,
whether the Interventional attempts are successful or not.
A major premise of The Strategy
is that one can certainly remain a Hard Assets Partisan (as Deepcaster is)
while at the same time insulating oneself somewhat from future Takedowns.
The following points provide an outline of The Strategy (particularly as
applied to the Gold and Silver Markets) and are designed to help avoid
Portfolio unpleasantness, or even possible financial ruin, in the future, as
well as to profit along the way:
1)
Recognize
that The Cartel is still Potent, as difficult as that may be psychologically
for Deepcaster and other Hard Asset Partisans to acknowledge. The
Cartel is still the Biggest Player in many markets and, if the timing
and market context are propitious, the Biggest Player makes Market
Price. In addition, The Cartel has the advantage of de facto
controlling the structure and regulation of various marketplaces and that is
a tremendous advantage; just as the Hunt Brothers years ago discovered much
to their dismay and misfortune, when they tried to corner the Silver Market.
2)
Accumulate
Hard Assets near the Interim Bottoms of Cartel- induced Takedowns.
3)
In
order to know when one is likely near the bottom of a Cartel-generated
takedown, it is essential to take account of the Interventionals as well as
the Technicals and Fundamentals. Monitoring to the Interventionals
facilitated Deepcaster recommending five short equities positions as of early
September (just before the Fall Crash) all of which we subsequentially
recommended be liquidated quite profitably.
4)
For
example, regarding Gold & Silver, near such Interim Bottoms, accumulate a
combination of the Physical Commodity (Deepcaster prefers “low premium
to melt” bullion coins) and well-managed Juniors with large
reserves. (Deepcaster provides a list of such Junior Candidates in our
December 20, 2007 Alert “A Strategy for Profiting from Cartel Intervention”
available in the Alerts Cache at www.deepcaster.com.) The
“Physical” and “Juniors” are for holding for the
long-term as a Core Position.
5)
Then, to
the extent one wishes to speculate on the next “long” move, one
should buy the major producers or long-term call options on them. These
latter positions are for ultimate liquidation at the next Interim Top and are
not for holding for the long-term.
6)
However,
there will be a time when The Cartel price capping is ineffective and Gold
& Silver make record moves upward. The benefit of this Strategy is
that one will likely be long in one’s speculative positions when this
happens.
7)
Near the
next Interim Top, liquidate the long options and majors. Again, in
order to know when we are close to the next Interim Top, it is essential to
monitor the Interventionals, as well as Fundamentals and Technicals.
8)
Near
that Top, sell short or buy puts on Majors. We re-emphasize the Majors
as preferred vehicles for trading positions because such positions are more
liquid and tend to be quite responsive to Cartel moves.
9)
Near the
next Interim Bottom, cover your shorts and liquidate your puts and go long
again to begin the process all over again. We emphasize that it is
essential to consider the Interventionals as well as the Fundamentals and
Technicals in order to determine the approximate Interim Tops and Bottoms.
10)
Finally,
Hard Assets Partisans have the opportunity to become involved in Political
Action to diminish the power of The Cartel. It is truly outrageous that
the average unsuspecting citizen, and prospective retiree, can and does put
his hard won assets in Tangible Assets and/or Retirement Accounts only to
have those assets effectively de-valued by Cartel Takedowns and other Cartel
actions. This is extremely injurious to many average citizens in many
countries who are saving for the rainy day or retirement and have their retirement
and/or reserves effectively taken from them. In order to help prevent
this and similar outrages, we recommend taking three steps:
a)
Become
involved in the movement to Audit and then abolish the private-for-profit
U.S. Federal Reserve as Deepcaster, ex-Presidential candidate Rep. Ron Paul,
and legendary investor Jim Rogers, all have advocated. The ‘Audit The
Fed’ Bill is H.R. 1207 (and has over 280 co-sponsors!); and The Abolish
The Fed Bill is H.R. 2755. www.carryingcapacity.org is a nonprofit which
strongly supports these bills via its “Abolish The Fed/U.S. Treasury
Instead!” Campaign.
b)
Join
the Gold AntiTrust Action Committee, which works to eliminate the
manipulation of the Gold and Silver markets (www.gata.org). GATA is a
non-profit organization, which makes a great contribution by gathering
evidence regarding the suppression of prices of Gold, Silver and other
commodities.
c)
Work
to defeat The Cartel ‘End Game.’ Deepcaster has
laid out the evidence regarding the Ominous Cartel “End
Game.” Clearly The Cartel is sacrificing the U.S. Dollar to prop
up Favored International Financial Institutions and to maintain its
power. But this sacrifice cannot continue forever. See
Deepcaster’s July 2008 Letter in the ‘Latest Letter’
Archives at www.deepcaster.com.
If this aforementioned Strategy is employed
effectively, it can result both in an increasing Core Position in Gold and
Silver, and in considerable profit along the way.
Additional insights and details
regarding this Major Strategy, which are essential to profiting from the
Fed’s Policies, are laid out in Deepcaster’s article of 3/06/09
entitled “Investor Advantage: Revisiting The Cartel’s ‘End
Game’.”
Protection and profit require Proactivity and attention to the
Interventionals, Fundamentals and Technicals, not “Buy and
Hold.” “Buy and Hold” rarely succeeds anymore as
current market conditions attest.
Indeed, the Key Point of the Strategy for Protection and Profit is
careful attention not only to the Fundamentals and Technicals but also to the
Interventionals. These Overt and Covert Cartel-generated
Interventions have the power to move markets as those who study the matter
can attest.
Thus, the Key to Profit and Protection is a
Strategy: Successful Investors must become Long-Term Position Traders,
with their trading choices informed by the Interventionals, as well as the
Fundamentals and Technicals. Moreover engaging in the Actions suggested above
can help prevent The Cartel’s obtaining Superpower status and aid in
achieving protection and profits as well.
“ ‘Perfidy’ – Deliberate beach of faith;
calculated violation of Trust”
The American Heritage Dictionary
Best regards,
Deepcaster LLC
Deepcaster.com
All the other articles by Deepcaster
Wealth
Preservation - Wealth Enhancement
Financial and
Geopolitical Intelligence
Gravitas, Pietas,
Virtus
| 
