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Traders and investors have gotten so
caught up creating an atmosphere of illusion and promoting a fictitious
paradigm that they are living in a daily reality of “unreality” within
the markets. Rules, conditions and the “let’s pretend it’s
real” scenario in the marketplace, enable manipulators to seize funds
from the herd and to milk them dry. Profits are nice too, but it really
doesn’t matter. If you manage gazillions and take standard industry
fees, who cares if the Sheeple earn anything? This
may seem crass but it’s plenty close to the truth.
For example, note the unbridled power of
the jobs reports to move markets. Most with an ounce of common sense know
that the BLS (Bureau of Labor Statistics) pabulum -with the middle letter
missing- is a weekly exercise in fiction designed to advantageously bend
markets. The PPT (Plunge Protection Team) does their part too,
avoiding crashing markets.
Global market leaders, big traders, central
bankers and garden-variety politicians all have one thing in common: unabashed
narcissism. While there are exceptions (very few exist to our knowledge),
these select groups promote agendas where they can seemingly never ever make
mistake. Just ask them and watch how they will agree.
Worldwide economic and political
conditions reflect this years-long saga trauma, which has grown exponentially
for decades since these types were let loose on society in large numbers.
Markets used to have rules and they kept good order in trading. Now, other
reporters (and us on occasion) not only see the rules broken, but some laws
too.
The resultant market mayhem creates
conditions where those innocents seeking to safeguard their precious assets
are forced to find the highest common denominator of wealth preservation: and
that is GOLD.
This is certainly not new. As others
have reported over centuries of time, gold is always the final and ultimate
choice when fiat currencies go subterranean.
"‘Narcissism’ is
usually used to describe some kind of problem in a person or group's
relationships with self and others. In everyday speech, ‘narcissism’
often means egoism, vanity, conceit, or simple selfishness. Applied to a
social group, it is sometimes used to denote elitism or an indifference to
the plight of others. In psychology, one example of this term is used to
denote an unhealthy self-absorption due to a disturbance in the sense of
self.” -Wikipedia For more elaborate details see
a definition of psychopaths.
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
Recommendations made in “Trader Tracks”
are exclusively those of Roger Wiegand and the
publication is also exclusively the editorial content provided by Roger Wiegand. TAYLOR HARD MONEY ADVISORS, INC. (THMA)
LOCATED AT 33-42 61ST STREET, WOODSIDE, N.Y. 11377, ASSISTS IN THE MARKETING
OF “TRADER TRACKS.” However, the views expressed in Trader
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summary of investments should not be construed as advice to meet the needs of
any particular reader or subscriber. Opinions expressed in Trader Tracks are
statements of judgment expressed at the date and time they were written, and
as such, are subject to change without notice. Roger Wiegand
is not a CFA nor an investment advisor, but a private individual who studies
the markets extensively and offers summary opinions. Before any type of
investment is made, you should always seek advice from your attorney, CPA,
registered broker, or financial advisor. There is considerable risk in market
speculation and investing. There are no guarantees regarding performance and
past performance provides no guarantee of future performance. Your trading
accounts are always subject to the potential for severe or total losses. This
service will involve SPECIAL EMAIL ALERT TRADING RECOMMENDATIONS PROVIDED
AT ANY TIME Roger Wiegand believes it is
opportune to trade either in or out of the market in question. AS SUCH,
THIS SERVICE WILL BE CONSIDERED A PREMIUM SERVICE. The management of
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Trader Tracks. No statement or expression of any opinion expressed herein
constitutes an offer to buy or sell the securities mentioned herein. Trading
futures contracts may not be suitable for all investors. You may lose a
substantial amount of money in a very short period of time. The amount you
may lose is potentially unlimited and can exceed the amount you originally
deposit with your broker. This is because trading futures is highly
leveraged, with a relatively small amount of money used to establish a
position in assets having a much greater value. If you are uncomfortable with
this level of risk, you should not trade futures contracts. If you need a
broker, contact mine, Ryan Olson, Managing Partner, Jackson-Olson commodities
at 800-352-5228 or by e-mail rolson@jacksonolson.com Contact Jackson-Olson
Commodities, LLC, 5510 Abrams Road, Suite# 101, Dallas, Texas 75214. Local
Telephone is 214-691-8600. Fax is 214-691-8614. Jackson-Olson clears trades
through R. J. O’Brien founded 1914. They provide clearing and execution
services in virtually all markets around the globe. To subscribe to Trader
Tracks stocks & bonds, futures & commodities, contact Claudio Bassi with e-mail CBASSI@MININGSTOCKS.COM
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