Another "Conspiracy Theory" Becomes Conspiracy Fact

Thu, Jan 7, 2016 - 11:33am

Obviously, there's A LOT to talk about today and we'll try to cover as much as we can. We'll begin instead, though, with another one of those pesky "conspiracy theories" that just became conspiracy fact.

Is the world turning upside down in 2016 or what? Just yesterday we discussed how, earlier this week, Fed Goon Fisher openly admitted that Fed policy was designed to goose the equity market in a desperate attempt to create the "wealth effect". Just another "conspiracy theory" being exposed as FACT.

And now today we have this...Back on New Year's Eve, there was a dump of over 3,000 unclassified emails from your next POTUS, Hillary Clinton. Most of these were garbage and BS but you might want to take a close look at this one:

Here's the critical excerpt:

"On April 2, 2011 sources with access to advisors to Salt al-Islam Qaddafi stated in strictest confidence that while the freezing of Libya's foreign bank accounts presents Muammar Qaddafi with serious challenges, his ability to equip and maintain his armed forces and intelligence services remains intact. According to sensitive information available to this these individuals, Qaddafi's government holds 143 tons of gold, and a similar amount in silver. During late March, 2011 these stocks were moved to SABHA (south west in the direction of the Libyan border with Niger and Chad); taken from the vaults of the Libyan Central Bank in Tripoli.

This gold was accumulated prior to the current rebellion and was intended to be used to establish a pan-African currency based on the Libyan golden Dinar. This plan was designed to provide the Francophone African Countries with an alternative to the French.franc (CFA).

(Source Comment: According to knowledgeable individuals this quantity of gold and silver is valued at more than $7 billion. French intelligence officers discovered this plan shortly after the current rebellion began, and this was one of the factors that influenced President Nicolas Sarkozy's decision to commit France to the attack on Libya."

Well, there you have it. What we've all long-suspected. And straight from the US Secretary of State and her most trusted advisor, Sid Blumenthal. You can read more about this at the source link here:

So, now that you know all of this, are you surprised...or does it even matter to you...that, as I type, the stock market has rallied over 200 points from its opening lows while gold has been beaten back from its highs? It's all just a huge sham and fraud. ALL OF IT. Your "markets", your politics, your patriotic wars and "responsibility to protect" doctrines. It's all garbage. Designed and maintained by your political and financial elite.

I wish I had the answer for you. I wish I could give you some good news about how this will all be OK in the end. I wish I could trust the The Good Guys always win and The Bad Guys always lose. But I can't. And it wouldn't matter anyway. All that matters is that you, personally, understand all of this and that you, personally, are taking all necessary actions to shelter/insulate yourself and your family from these criminals.

Look, it's OK if you own stocks. It's OK if you keep money in fiat cash. You have to take all prudent steps that you deem necessary. What's not OK is that you bury your head in the sand after reading "analysis" pimped to you by defenders and participants of the current system. Nothing is free and nothing is fair. Understand this and you have a chance to come out the other side. Blindly believe the nonsense like the rest of The Sheep and you will be slaughtered.


Regarding the "markets" today...We have a near total calamity on our hands. Overnight, China devalued the yuan by nearly 0.5%, the most since late August, and this sent their stock market reeling again. It only traded for about a half an hour before closing for the day down 7%. And we're seeing again a HUGE move by China to sell US treasuries in order to raise cash to support the yuan. (Crazy, isn't it?). Just as in August, I suggest to you again that this may be all by design. "Analysts" have claimed for years that the Chicoms "can't sell their treasuries without disrupting the market and causing huge foreign reserve losses". Oh really? They similarly dumped $100B of treasuries in August and rates barely budged. They're dumping again now and rates aren't moving.

So, if you want to dump your US dollar reserves held in treasuries without "disrupting the market", just create enough volatility and fear that there are plenty of bids for what you're trying to sell. It worked in August and it's working now. And why would China be in such a hurry to dump their US dollar holdings??? I don't think I need to waste time typing that answer for you...

As I type, gold is back up to $1104. Gee, who was it that always says that tha area around 1104-1105 is stout resistance/support? Hmmm. That guy with the funny hat that no one takes seriously or invites to their conferences. And where might we expect gold to stall (at least temporarily)? Well, that's pretty easy...

Once gold successfully trades through $1105, you can be 100% certain that the 100-day moving average will provide stout resistance. We noted this pattern all through 2015 and it will almost certainly happen again. In fact, the last time the global markets went through all of this back in August, gold was...ahem...stopped right at the 100-day MA. Wow. Imagine that!

And silver is still battling $14 but finally having some success...even in the face of $2 copper. Once it finally draws clear of $14.15, the next stopping point is $14.40 and the 50-day MA currently at 14.36.

Speaking of copper...and crude...both are bouncing a bit and that may help us reach the levels laid out above. Copper actually saw a new low below $2 earlier but it has bounce to $2.04. Crude fell all the way to $32.10 but, as I type, it's back to $34. So, let's see what the rest of the day brings. Maybe we'll still get $1111 gold and $14.40 silver.

And the tomorrow brings the BLSBS. Already there are some hints of "postponed rate hikes" and maybe even possible easing. A lousy BLSBS tomorrow could be just what the stock market needs and that would certainly help drive the metals even higher...maybe even through $1111 and $14.40! But let's not get too far ahead. We've got the rest of the day to be concerned with and we're left to wonder how long, if at all, the Chicom market will even be open tonight. Craziness!

Hang in there. Keep the faith. Remain diligent and situationally aware at all times. And most importantly, with all of the darkness in the world, try to be a force for good.


About the Author

turd [at] tfmetalsreport [dot] com ()


Jan 7, 2016 - 11:38am


Thanks for the article but nothing to see here, move along. What does it matter!!


oh yeah....second

Jan 7, 2016 - 11:38am


Brought this over from the other thread:

Is paper gold the connector of Au to the correlations of commodities and currencies?

I'd say yes since the only way to have Au, which is neither commodity nor currency, stay in basic lockstep with these groups for long periods is to leverage Au by more than 100x with paper substitutes.

So what happens to Au when paper gold inevitably complies with gravity? Said another way, when paper gold dies and only Au remains will Au still remain within any correlation to commodities and currencies?

I'd say no.

So if those two questions and corresponding answers sound reasonable, do you believe that those that have everything invested in the system will watch it burn to extinction? Or do you believe that they will try to morph this system to something different in order to remain at the top as has happened so many times over the centuries?

When paper gold dies and Au slips all the correlations, will the correlations of the various currencies and commodities remain intact sans gold?

In other words, will the price of Oil in lets say Euros remain around €31 while the price of Au in Euros goes to say €50,000? And will Wheat in Oil terms still be around 14?

Jan 7, 2016 - 11:39am

Crying "Wolf!"

The first thing I wanted to mention is that I am considering typing up yet anaother note to my relatives about the markets. I am sure they are tired of me crying "Wolf" so often, only to see markets bounce back to "normal" and their favorite CNBC stock analyst saying " no worries." But perhaps the lack of gains in the past year in their IRAs, war and rumors of war, $33 oil, and these sliding stocks will get their attention.

That story had two morals 1) don't cry wolf too often, and 2) pay attention when the shepherd does cry, because the time you ignore it, the wolf is there. The old fable fits too well with the "Wolves of Wall Street." Wish me luck and favor.

The other first thing I wanted to note confirmed the Hershey bar video... My 21 year old daughter works at a gas station convenience store around the corner. Two days ago, a kid came in to buy candy and handed her several Walking Liberty halves. She told him these were made of silver and worth a lot of money and to take them back home.

I am proud of that girl... maybe some sense is sinking in after all these years.

Jan 7, 2016 - 11:41am



Edit: furth

Jan 7, 2016 - 11:44am

Darn You Got

My 4th. Lol

indiana rod
Jan 7, 2016 - 11:45am

White House Schedule For Today

1. Rehearse global warming speech.

2. Review video of gun control speech. Did the tear come in at the exact right time?

3. Prepare positive spin for Friday job report.

4. Have PPT prevent DOW falling 500 points.

5. Cap gold as usual.

6. Last, but not least, keep silver under $14.00.

Jan 7, 2016 - 11:46am

@Dr Jerome

Congratulations on two fronts -- that she notices/understands, and (more importantly) that you and your wife successfully raised her to do the decent thing in such a situation.

(BTW, is she the fish-holder from the picture you posted a while back?)

Jan 7, 2016 - 11:50am
Jan 7, 2016 - 11:56am


I have said this many, many times....the neocons today are just a remake of the Nazi's. -judging by their deeds, mind you - Now, I have trouble explaining why the neocons are mostly of the J persuasian....but they are.. Think about it. For 65 years they scream "never forget!!!" and they dust off the playbook and commit the same crime to others....Blumenthal? Read the signers of PNAC. Bill Kristol and his family? Kagan and Nuland dominate the MENA strategy....come opinion is they run roughshod over decent J's, using it only for political cover. They are no more J's than Obama or Hillary are Christian. And like dopes, Western Christians fall for it. They are likely more satanic than anything. I believe the neocons need to have the equivalent of Nuremberg trials. Stolen gold needs to be returned to rightful owners. But hey, I am sure the ex Israeli central banker running the US Fed Reserve is no problem for American's interests (stanley fischer).....oyvey. Anyone who considers themselves African American should be outraged. These people are blatantly destroying your homeland. (neocons destroying africa)

When the house of Saud collapses, and the crazies take over the place, Israel is going to have its dirty hands very made it, you sleep in it....this is not "hate speech" This is observing the truth. And don't forget, Saudi Arabia (you know that lovely Country that cuts off hands and heads for sport) has been allied with Israel for a very long back is coming.

Why do I say this stuff? Hate? No, not at all. I say this because the shit HAS hit the fan and is going to make an enormous mess. In the aftermath their will be a vacuum, waiting to be filled. If we do not get the perps, the intentions, the motivations correct, the perps will blame others (like blaming Ghadafi for the killings and rapes he did not do) and then weasel their way back into power. Hillary - and the rest of the neocons for prison 2016 needs to fill the space of humanity. The Bushes and Clintons are chummy anyways. How about prison walls?

Jan 7, 2016 - 11:58am

2016 will be super

2016 will be super interesting!

What was it that SrsRocco and JW said about gold and silver prices detaching itself from crude oil on its way to resuming bull market mode? Hmm.....perhaps at last our favorite metals are starting to manifest their monetary role, in the face of all this financial chaos in front of us?!

Jan 7, 2016 - 12:04pm
Dyna mo hum
Jan 7, 2016 - 12:07pm
Jan 7, 2016 - 12:09pm


Would you please restate that post in simpler terms. i read it many times and think i'm tracking only to find myself suddenly feeling lost.

the management of how the currencies and metals appear to connect and how that might change is where it's at, and that's what you are talking about, so i was very interested in your post, but my little brain needs the Sesame Street version first. please.

Jan 7, 2016 - 12:11pm

January 7, 2016 Santiago,

January 7, 2016

Santiago, Chile

About a week and a half ago when I landed in Australia, I walked past the currency exchange booths in the arrivals hall and took a quick look at their rates.

Their quoted price to change US dollars into Australian dollars was 77 cents that day.

I quickly glanced at my phone and found that the actual market rate was just 72 cents.

So these guys were charging an unbelievable 7% markup! And that was on a major currency.

For people who happen to come from more exotic countries, the price is even higher.

If you hail from Costa Rica, for example, these airport guys won’t exchange Costa Rican colons into Australian dollars.

So you first have to exchange colons for US dollars in Costa Rica (and pay some overpriced exchange rate), and then once again change US dollars for Aussie dollars at a 7% markup once you land in Australia.

This is such an incredible scam, one of many that exists in the global financial system.

One of my favorite financial scams is in sending wire transfers.

Banks will often say things like, “Oh, it’ll take 3-5 days for the money to arrive in the recipient’s account. . .”

What??!? These people act like they’re loading up some kid with a satchel full of cash on the Pony Express to gallop across the country to deliver your money.

It’s a complete scam. Wire transfers take place almost instantaneously.

As we discussed yesterday, our modern financial system is nothing more than a series of accounting entries held in a computer database somewhere.

So when you transfer funds from one bank to another, all the banks do is make small annotations in a giant database.

It doesn’t take 3-5 days. It takes about 3-5 seconds. They just want to hang on to your money for a few days without having to pay you interest.

This is the nature of the entire financial system. Banks and financial institutions never miss an opportunity to screw the little guy in order to benefit themselves.

Hardly a month goes by without some major multinational bank pleading guilty to some sort of criminal charges-- fixing exchange rates, colluding to fix interest rates, manipulating commodities prices, selling customers out to high-frequency traders...

There is a consistent pattern in finance of willfully violating the trust that the public places in these institutions.

And when they royally screw up and make idiotic investment decisions with our deposits, the taxpayers are forced to bail them out so they can start all over again.

It’s an absurd cycle. But the good news is that it’s coming to an end.

Banks were once vital middlemen who were necessary to facilitate commerce.

If you had extra savings, you went to a bank to deposit it. If you needed capital, you went to a bank to ask for a loan.

This is the way it has been for over seven centuries-- banks have stood in the middle of that transaction because savers and borrowers had no way to access one another.

This is no longer the case.

Our modern technology now makes it possible for people across the world to gather and organize online.

And this means that nearly every single function of a bank can now be conducted cheaper, faster, and more efficiently through digital technology.

If you want to borrow money, you no longer need to go to a bank.

There are dozens of peer-to-peer lending platforms where you can borrow money for just about anything-- starting a new business, buying a home, and even consumer purchases.

And with the advent of services like Google Wallet, Apple Pay, and especially Bitcoin’s blockchain technology, you no longer need a bank to deposit money; it can all be stored digitally on your mobile phone.

You can exchange currencies and send money around the world without a bank, quickly and inexpensively through websites like TransferWise and Azimo.

Everything that a bank does-- investing your money, processing credit card transactions, etc. can now be conducted outside of the banking system.

All of this technology already exists. These “fintech” or financial technology companies are already out there.

It’s merely a question of how quickly the technology will be adopted.

20 years ago few people had ever heard of the Internet. Today we can’t imagine our lives without it.

I expect the adoption of financial technology will occur much more rapidly.

This is great news. The current financial system is in precarious condition. Banks are incredibly overleveraged and undercapitalized. Governments are bankrupt. Central banks are nearly insolvent.

The entire system is a house of cards held up by a very thin layer of confidence.

But one of the great lessons of history is that no matter how much the people in charge screw up, human beings always rise.

We adapt. We create solutions. And we clear out the old system with something better.

That’s what’s happening now. We’re in the early stages of an amazing, transformative process. And it’s incredibly exciting.

Until tomorrow,

Simon Black


4 oz
Jan 7, 2016 - 12:13pm
Jan 7, 2016 - 12:18pm

Is Debt Jubilee Already A Done-Deal?

This has been the general subject matter of many previous commentaries. In specific terms, one of these pieces itemized the West’s Deadbeat Debtors club, as measured in those nation’s overall debt-to-GDP ratios:

Germany 188%

Canada 221%

Austria 225%

U.S. 233%

Finland 238%

Norway 244%

UK 252%

Italy 259%

France 280%

Sweden 290%

Denmark 302%

Spain 313%

Greece 317%

Netherlands 325%

Belgium 327%

Portugal 358%

Ireland 390%

Laughably, with a national debt-to-GDP level of ‘only’ 188%; Germany is now the West’s poster child for “fiscal responsibility”. That mantle used to be firmly attached to Canada, the only major economy of the West’s Deadbeat Debtors to record a series of budget surpluses in the last quarter century. But then Canada elected Stephen Harper and the economy-killing Conservatives. It should further be noted that the "official" number for the U.S. is a laughable understatement of the actual level of U.S. indebtedness -- which is well over 300%.

Jan 7, 2016 - 12:29pm

One big lie

Yes, that is what it is about.

Gott, steh' uns zur Seite bei dem, was bevorsteht!!!

So much energy has been stored, stored in lies and deception.

Lord, be with us when it will be released!!!!

Jan 7, 2016 - 12:30pm


I like your reasoning...

The relegation of gold and silver to the category of "commodities" (or an "asset class" as our favorite trader asserts) is another of the very big lies that is being told to our citizens.

But if a person considered all commodities to be money, we would call that foolish. So where do we draw the line? Gold: yes. Silver: yes. Copper & nickel: yes, sort of, maybe, uh, not really. I argue we have to draw that line below silver. All commodities from copper on down are used for industrial purposes (including making smaller denominations of coins in a real money system). Their value is determined by industrial demand. Sure, commodities will always have some value, and they will tend to gravitate back to a normative economic value. But all other commodities are not money and we should not expect them to trade like Au & AG when these controlled markets finally break down and Supply & Demand is reinstituted.

Frankly, if I were salivating to get a ton of copper stashed in my garage, I'd wait until the collapse and then advertise myself as a copper buyer. People may start ripping the wire & pipe out of their own homes (and rentals) one day just to eat. Wouldn't you, if you were a hungry sheep?

Boomstick: I am proud of her on both counts as well--especially the second. Edit: and yes, she was holding a trout with her cousin looking on. She doesn't look that way now ... wild hair and clothes, but her heart is still good.

Jan 7, 2016 - 12:35pm

poor Simon "SystemMan" Black (and his spamblishers)

still trying to imagine a way that the system might re-invent itself and live on.

keep runnin' boys, you might get there eventually!

. . . or not

Clarki Stomias
Jan 7, 2016 - 12:37pm

Things that make you go Hmmm...

First Fisher goes on CNBC earlier this week and says it's over. And now Soros says it's over today.

Jan 7, 2016 - 12:37pm

Seeing that gold and silver

Seeing that gold and silver might reach 1111 and 14.40 today, should we be wary of a gold negative blsbs? Having been obliterated one too many times in this market leaves you scarred for life - even when the big rally you've waited for over 2 months is staring right at you.

Angry Chef Dyna mo hum
Jan 7, 2016 - 12:42pm

Bernie Madoff, J.P Morgan, and Jamie D.

Lets face it. J.P Morgan is a major player in the ESF ( Exchange Stabilization Fund ). The manipulation of the metals IS Anglo-American Policy. You can not have all of the madness and the MIC running around the world creating chaos without a fiat World Reserve Currency. Or at least not to the extent that exists today. Does anybody really think all this craziness would exist if it had to be paid for in a hard asset ? Therefore Jamie D. can't be touched. He's a made man.

The problems facing mankind's existence all stem from one source ( IMHO ).

USURY... and unbacked fiat currencies. Get rid of USURY and unbacked fiat currencies and we can begin to solve a lot of our problems.

And when I say unbacked I don't just mean Gold & Silver. I mean THE RULE OF LAW. Such as Glass-Steagal and Courts and Judges that are NOT bought and paid for and who will back the RULE OF LAW.

PS: Dr. J... smart kid you got there. Good job.

Danforth Coxwell
Jan 7, 2016 - 12:43pm


and the N.P.D. or the (LYING) liberals would have kept the debt/G.D.P. ratio lower???? Just look at the mess the liberals have made in Ontario!!!

Jan 7, 2016 - 1:06pm

Silver cap

Looks like silver is being capped right at the 50 day MA. Hit 14.365 and started down from there.

Jan 7, 2016 - 1:07pm

Hey Gamble...

Are you crapping in your pants that you may...may...have sold bottoms?

Gamble, Oh Shit!, Gamble.


Just messin with ya. But I'd be nervous ;)

Jan 7, 2016 - 1:09pm

Once again, just a dope with a Big Hat

"And silver is still battling $14 but finally having some success...even in the face of $2 copper. Once it finally draws clear of $14.15, the next stopping point is $14.40 and the 50-day MA currently at 14.36."

dnobbs Danforth Coxwell
Jan 7, 2016 - 1:10pm

FYI, Federal Liberals ran 7

FYI, Federal Liberals ran 7 straight years of surpluses after bringing Canada out of hock from the Mulroney Conservatives.

Danforth Coxwell
Jan 7, 2016 - 1:11pm

S&P has broken the 1965 level…..

and gold has caught a bit of an updraft. I recall reading that if 1965 fell, this event would trigger much larger selling in the market. PLEASE correct me if I am wrong. Either way, the PPT will have a busy afternoon!

Jan 7, 2016 - 1:13pm

US equities starting to roll over

Wonder if the ol' 3:00 ramp will show up again today.

Jan 7, 2016 - 1:13pm

@ Gamble

You realize a guy like you selling your phyz might be the biggest contrary indicator we have ever had on this site right? Hope you don't get your face melted off in all of that paper.


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