DEEPCASTER: FED MINUTES PROPAGANDA ACHIEVE GOAL, DRIVE GOLD & SILVER DOWN THROUGH MAJOR RESISTANCE
SilverDoctors.com
FEBRUARY 24, 2013
by Deepcaster:
All Investment Cognoscenti know that The Fed’s “Communication Policy” is aimed at Financial and Market Ends, not at Truth. (Here, should we rely on The Fed’s earlier expressed “Guidance,” or this week’s “Scaling Back” Hint? They can not both be True.) Indeed that Policy could well be paraphrased “Tell whatever Lie you need to, to achieve your Goals.”
Those recently released Minutes, for example, achieved a Primary Fed Goal of blowing the Gold and Silver Prices down through Major Resistance, and a Secondary one of cooling somewhat inflated Equities and Commodities Prices. As leader of The Cartel (Note 1) a Cornerstone of The Fed’s Policy is, and has long been, to suppress Gold and Silver Prices, lest they further devalue their Fiat Currencies and Treasury Securities, and so they will not alarm the Hoi Polloi about the intensifying Price Inflation (e.g., 9.24% in the U.S. – Note 2) which their Ongoing Monetary Inflation is increasingly producing.
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