Best of the Week
Most Popular
1. The Trump Stock Market Trap May Be Triggered - Barry_M_Ferguson
2.Why are Central Banks Buying Gold and Dumping Dollars? - Richard_Mills
3.US China War - Thucydides Trap and gold - Richard_Mills
4.Gold Price Trend Forcast to End September 2019 - Nadeem_Walayat
5.Money Saving Kids Gardening Growing Giant Sunflowers Summer Fun - Anika_Walayat
6.US Dollar Breakdown Begins, Gold Price to Bolt Higher - Jim_Willie_CB
7.INTEL (INTC) Stock Investing to Profit From AI Machine Learning Boom - Nadeem_Walayat
8.Will Google AI Kill Us? Man vs Machine Intelligence - N_Walayat
9.US Prepares for Currency War with China - Richard_Mills
10.Gold Price Epochal Breakout Will Not Be Negated by a Correction - Clive Maund
Last 7 days
If You Don’t Understand Bonds, You Don’t Understand Investing - 25th Aug 19
Gold's Next Move - 25th Aug 19
Fresh Water Crisis Unfolding - 25th Aug 19
Newbie Guide to Currency Pairs in Forex Trading – Review - 25th Aug 19
When A 16-Year-Old Earns $3 Million, You Know It's Not A 'Silly Fad' - 24th Aug 19
The Central Bank Time Machine - 23rd Aug 19
Stock Market August Breakdown Prediction and Analysis - 23rd Aug 19
U.S. To “Drown The World” In Oil - 23rd Aug 19
Modern Monetary Theory Could Destroy America - 23rd Aug 19
Seven Key Words That Explain "Stupidly High" Bond Market Prices - 23rd Aug 19
Is the Fed Too Late Prevent A US Housing Bear Market? - 23rd Aug 19
Manchester Airport FREE Drop Off Area Service at JetParks 1 - Video - 23rd Aug 19
Gold Price Trend Validation - 22nd Aug 19
Economist Lays Out the Next Step to Wonderland for the Fed - 22nd Aug 19
GCSE Exam Results Day Shock! How to Get 9 A*'s Grade 9's in England and Maths - 22nd Aug 19
KEY WEEK FOR US MARKETS, GOLD, AND OIL - Audio Analysis - 22nd Aug 19
USD/JPY, USD/CHF, GBP/USD Currency Pairs to Watch Prior to FOMC Minutes and Jackson Hole - 22nd Aug 19
Fed Too Late To Prevent US Real Estate Market Crash? - 22nd Aug 19
Retail Sector Isn’t Dead. It’s Growing and Pays 6%+ Dividends - 22nd Aug 19
FREE Access EWI's Financial Market Forecasting Service - 22nd Aug 19
Benefits of Acrobits Softphone - 22nd Aug 19
How to Protect Your Site from Bots & Spam? - 21st Aug 19
Fed Too Late To Prevent A US Housing Market Crash? - 21st Aug 19
Gold and the Cracks in the U.S., Japan and Germany’s Economic Data - 21st Aug 19
The Gold Rush of 2019 - 21st Aug 19
How to Play Interest Rates in US Real Estate - 21st Aug 19
Stocks Likely to Breakout Instead of Gold - 21st Aug 19
Top 6 Tips to Attract Followers On SoundCloud - 21st Aug 19
WAYS TO SECURE YOUR FINANCIAL FUTURE - 21st Aug 19
Holiday Nightmares - Your Caravan is Missing! - 21st Aug 19
UK House Building and House Prices Trend Forecast - 20th Aug 19
The Next Stock Market Breakdown And The Setup - 20th Aug 19
5 Ways to Save by Using a Mortgage Broker - 20th Aug 19
Is This Time Different? Predictive Power of the Yield Curve and Gold - 19th Aug 19
New Dawn for the iGaming Industry in the United States - 19th Aug 19
Gold Set to Correct but Internals Remain Bullish - 19th Aug 19
Stock Market Correction Continues - 19th Aug 19
The Number One Gold Stock Of 2019 - 19th Aug 19
The State of the Financial Union - 18th Aug 19
The Nuts and Bolts: Yield Inversion Says Recession is Coming But it May take 24 months - 18th Aug 19
Markets August 19 Turn Date is Tomorrow – Are You Ready? - 18th Aug 19
JOHNSON AND JOHNSON - JNJ for Life Extension Pharma Stocks Investing - 17th Aug 19
Negative Bond Market Yields Tell A Story Of Shifting Economic Stock Market Leadership - 17th Aug 19
Is Stock Market About to Crash? Three Charts That Suggest It’s Possible - 17th Aug 19
It’s Time For Colombia To Dump The Peso - 17th Aug 19
Gold & Silver Stand Strong amid Stock Volatility & Falling Rates - 16th Aug 19
Gold Mining Stocks Q2’19 Fundamentals - 16th Aug 19
Silver, Transports, and Dow Jones Index At Targets – What Direct Next? - 16th Aug 19
When the US Bond Market Bubble Blows Up! - 16th Aug 19
Dark days are closing in on Apple - 16th Aug 19
Precious Metals Gone Wild! Reaching Initial Targets – Now What’s Next - 16th Aug 19
US Government Is Beholden To The Fed; And Vice-Versa - 15th Aug 19
GBP vs USD Forex Pair Swings Into Focus Amid Brexit Chaos - 15th Aug 19
US Negative Interest Rates Go Mainstream - With Some Glaring Omissions - 15th Aug 19
GOLD BULL RUN TREND ANALYSIS - 15th Aug 19
US Stock Market Could Fall 12% to 25% - 15th Aug 19
A Level Exam Results School Live Reaction Shock 2019! - 15th Aug 19
It's Time to Get Serious about Silver - 15th Aug 19
The EagleFX Beginners Guide – Financial Markets - 15th Aug 19

Market Oracle FREE Newsletter

Top AI Stocks Investing to Profit from the Machine Intelligence Mega-trend

Only a Pawn in Their Game

Politics / Social Issues Oct 31, 2014 - 03:07 PM GMT

By: Dr_Jeff_Lewis

Politics

The deputy sheriffs, the soldiers, the governors get paid
And the marshals and cops get the same
But the poor white man's used in the hands of them all like a tool
He's taught in his school
From the start by the rule
That the laws are with him
To protect his white skin
To keep up his hate
So he never thinks straight
'Bout the shape that he's in
But it ain't him to blame
He's only a pawn in their game.


And the greatest depression goes on, far from reckoning, unbeknown to the mainstream. Collectively, no one is paying attention, and yet dying a little faster everyday. A chronic illness, we adapt to the malaise. Even when we try, it is hard to break free from the fantastic circus.

The conventional view of a depression hinges upon images from the 1930’s. Black and white snapshots left over from a point in time that has been largely forgotten or worse, rewritten.

Rewritten by the victors - the banks, and the political -finance industrial complex they enable — more so at this time than any other in history.

Living the lie has never been more profitable. Take a look at the master of puppets, JP Morgan Chase. Their loan to deposit ratio is at a record low of 56%. The most telling snapshot of the financial system. They are making very few loans and yet vacuuming up record (low cost) deposits, which are then leveraged into equities.

Essentially, via the Fed, the banks have given themselves all the love of money conjuring, without the risk of making loans in a ZIRP world. Six years gone for the heart of the economy. The great stagnation-the misallocation of what could otherwise be risk capital for new business formation.

They've stuffed the natural channels for progress for short term gambling profits. Risk free all the way through. For when it all backfires (like always does) the pain will be socialized across future generations.

And the more the middle class is squeezed, the more the Fed will need to step in.

Transfer payments of unfunded liabilities will provide the money velocity while the banks will continue to reap high risk rewards without risk. Transfer payments will fuel consumption — and bid prices up until the next major crash.

We can only see what we could have seen earlier. Nothing much to see here, other than the increased spectacle of ignorance matched only by the fever pitch volatility of world financial markets.

We are six years in. Surrounded by a thousand black swans, 360 degrees of precipice. And this time around, bubbles are everywhere. Bonds, equities, housing and all along the spectrum for each.

Junk bond yields are at all time lows. Equity margin debt is at all time highs. While the housing bubble slowly turns back toward its trend line, shouts of sub prime can be heard from the halls of injustice.

Ultimately, debt matters in the servicing. And the servicing is now.  Inability to service debt will have a geometric shadow effect on balance sheets and derivatives.

Will it be deflation, inflation, hyperinflation or both? However you define, whatever you call it...it will be failure. Transfer payments will continue, direct money printing will come with hysteria, and wars will rage on for the benefit of the oligarchy.

All of it will be shrouded from most by a combination of terrorist false flag induced chaos or Ebola pandemic reality. Most people will continue to miss the opportunities to focus on what they can do and instead become blinded by fear and do nothing.

Currently, we live in a brave new HALCION world, numb and safe from the inner kingdom of truth with all of us. From dawn to dusk, things turn "Orwellian" as the cycle completes its totalitarian turn.

We are living through this chaos now - the conflict at the heart of what is often deemed as entitlement. Medical care, education are firmly wrapped in an entitlement display when the real issue is the raw inflation induced by the corporate banking class.

Real banking will not return for some time. The hidden depression will mirror a hidden inflation. Electronic food lines, transfer payments replaced by the magical array of chromatic illusions - equally mysterious.

If you look close enough, you can see the shadow of the matrix. You can smell the stench of boiling frogs. The champaign socialist dreams of intervention, the middle class disappears, replaced by a smoldering populace.

Real wealth is taken from every man while the photo chrome fantasy mantra goes on and on.

From the poverty shacks, he looks from the cracks to the tracks
And the hoof beats pound in his brain
And he's taught how to walk in a pack
Shoot in the back
With his fist in a clinch
To hang and to lynch
To hide 'neath the hood
To kill with no pain
Like a dog on a chain
He ain't got no name
But it ain't him to blame
He's only a pawn in their game.

- Bob Dylan, Only a Pawn in Their Game

For more articles like this, and/or for a breath of fresh silver market reality amidst the stench of denial and technically meaningless short term price obsessed madness, check out http://www.silver-coin-investor.com

By Dr. Jeff Lewis

    Dr. Jeffrey Lewis, in addition to running a busy medical practice, is the editor of Silver-Coin-Investor.com

    Copyright © 2014 Dr. Jeff Lewis- All Rights Reserved Disclaimer: The above is a matter of opinion provided for general information purposes only and is not intended as investment advice. Information and analysis above are derived from sources and utilising methods believed to be reliable, but we cannot accept responsibility for any losses you may incur as a result of this analysis. Individuals should consult with their personal financial advisors.

Dr. Jeff Lewis Archive

© 2005-2019 http://www.MarketOracle.co.uk - The Market Oracle is a FREE Daily Financial Markets Analysis & Forecasting online publication.


Post Comment

Only logged in users are allowed to post comments. Register/ Log in

6 Critical Money Making Rules