Today was a Cover-Up By the Fed & Mainstream Media

Posted at 11:22 PM (CST) by & filed under General Editorial.

My Dear Extended Family,

Because of the volatility you experienced in gold today, and the absolute fact that it was an MSM cover operation of today’s covert operation, which was one of the largest injections of QE liquidity into the Euro banking system ever, you must know the facts.

I have done the following interview with Eric King of www.KingWorldNews.com in order to shed light on what really took place which, market wise, is confirmed by the general equities ho-hum action while the mindless algorithms drove gold lower.

Click here to listen to the full audio interview…

I would not bother and ask you to please use your precious time to listen to this unless I felt the message was critical for maintaining a correct understanding of exactly what has taken place.

Regards,
Jim

 

Courtesy of Eric King of www.KingWorldNews.com

Dear CIGAs,

Today legendary trader and investor Jim Sinclair told King World News that today’s action was a cover-up by the Federal Reserve and the mainstream media. Sinclair also laid out for KWN readers globally the exact sequence of the cover-up and how it was orchestrated. Here is what Sinclair had to say about the shocking events that took place today: “The power behind the equity markets right now is liquidity and everybody knows it. It’s not improving earnings and it’s clearly not a broad globally improving economy, but rather improving liquidity.”

Jim Sinclair continues:

“If, in fact, what Bernanke attempted to tell the investment world today, that QE may not be necessary because of a modest improvement in the statistics of unemployment, if that was truly to be believed, then the stock market should have been off 800 points while gold was gold was down $100. Because the same thing moving the stock market is what’s moving the metals and that is pure liquidity.

When asked about Jean-Marie Eveillard’s comments earlier today on KWN that central banks were desperate and intervening in the gold market, Sinclair responded, “Let’s go by the intervention that started out in the morning….

Click here to read the full interview…