Greg Hunter – Former Assistant Treasury Secretary Dr. Paul Craig Roberts contends all talk of the Fed raising interest rates this fall is totally wrong. Roberts explains, “They most certainly are not going to raise them because they’ve spent seven years keeping them at zero. In fact, inflation aside, there are already negative interest rates. . . . So, they are most certainly not going to raise interest rates because if they raise the rates, they will destroy all their efforts to keep the big banks afloat. They also would destroy the stock market.
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What we have seen all these years is every time the market needs to correct, the Plunge Protection Team steps in and buys the Standard and Poor’s futures and drives the market back up. So, what would cause the Plunge Protection Team and the Federal Reserve to all of a sudden jettison the policies they have been following all these years to save the big banks, to save the stock market and to keep the aura of success alive in America?” Continue reading
The word manipulated has the sour taste of officially sanctioned distortion in service of an Elite’s interests. At a minimum, manipulation smacks of intent to defraud. If there is no intent to defraud or mislead, then what’s the purpose of manipulating statistics, media coverage and official narratives?
To those of you watching the price of silver rise thinking how exciting it is that the silver buyers are finally diving into the silver market and driving the price higher, unfortunately, you are living in a fantasy world. There is no “free market” in silver where supply and demand matters and drives the price movements. Silver is a “managed market” and has been since the early 1970’s. It is managed via computer programs run out of the Fed NY and the basement of the US Treasury. Computers trading back and forth with each other to SET the price…every day, every trade and every tick.