BERNANKE IS OUT OF AMMO!
by SD Contributor AGXIIK
SEPTEMBER 27, 2012
JPM is about to lose it all with their bad bets on the IR swaps, CDS, derivatives and other manipulative profit centers. They will be destroyed, of that you can be sure, right along with the many other major banks. This is inevitable and Bernanke knows it. QE 3 is worthless to anyone but the money center banks.
There is not enough money in the world or the Fed to stop this. QE 3 is nothing but a delaying tactic since Bernanke has NO AMMO LEFT. NOTHING! He is little more than a drowning man trying to save himself and his notion of the economy by climbing on to the shoulders of his rescuers.
And there are no rescuers coming to save him.
At this point in time I am far beyond caring a rat’s a** about silver and gold manipulation and these smashes that occur in the dark of the night.
I DON’T CARE ANY MORE. It is unimportant and irrelevant to the world situation. If Jim Willie is half right JPM is fatally wounded, Morgan Stanley is slated for the bone yard, the European banks, particularly Spain, will implode even with OMT and all the Draghi Bernanke mini me actions.
Every economy in the world is flowing red ink, showing negative growth and throwing their currencies into the fire to send them down faster than the next currency, spending like fools to try to save their economies and keep their banks, central or otherwise, alive for a few more months. Derivatives will crush the Euro Bank, blow across the Atlantic in a New York second, and crush our banks to boot.
There is not enough money in the world or the Fed to stop this. QE 3 is nothing but a delaying tactic since Bernanke has NO AMMO LEFT. NOTHING! He is little more than a drowning man trying to save himself and his notion of the economy by climbing on to the shoulders of his rescues. And there are no rescues coming to save him.
Once the grand reset or whatever constitutes the complete removal of and replacement of this foul stinking corrupt system takes place, gold and silver will be free from this: