2008 all over again?

As the fall approaches, we seem to be returning into the murky waters of the 2008 market. All summer, volumes in the market have been very low, probably mostly generated from a few computers trading amongst themselves. The Baltic freight rate has plummeted to a low of $1700 U.S., a symptom of reduced economic activity around the world. The Chinese economy is now slowing as their government pulls on the monetary reins. To top all of this off, the risk of sovereign debt crisis seems to be hiding under the surface, waiting to pop-up again, giving investors a nasty surprise.

What does this all mean? Well, the fall has the potential to be a repeat of fall 2008. If liquidity begins drying up, we could experience very strong selling pressures. Unfortunately, the only haven will be cash once again… making it king!

Precious Metal Market Manipulation

The cat is officially out of the bank (I mean bag), listen to this interview on Kings News World.

Andrew Maguire & Adrian Douglas: Discuss What Could Be the Largest Fraud in History - Andrew is an independent metals trader turned whistleblower at the center of a storm for exposing what could be the largest fraud in history involving countries, banks and government leaders. Adrian Douglas Board of Director from GATA, the man who Andrew reached out to joins in this interview where they discuss a fraud so extraordinary and so unimaginable that it is the kind of thing that only happens in hollywood thrillers. They also discuss the CFTC sponsored meeting on metals which was an unmitigated disaster because it additionally exposed the fraud on a grander scale.


This will probably be one of the largest fraud in years and the mainstream media has not even touched it.

March 26, 2010

This weeks interview
Thomas Woods
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