Oct 8, 2014
Manipulation Monday becomes Manipulation Wednesday
Europe in full-free fall
-Germany industrial production/factory orders/biz confidence
-nearly all PMIs below 50
Japan collapse
-industrial production, real wages freefall
-debate about utility of Abenomics
"Deflation"
-Tokyo/Osaka top two most expensive cities in 12-13, before Abenomics smashed yen by 45%
-Europeans claim rising prices their biggest concern
-the recent "strong dollar" is causing MASSIVE global inflation
PM attacks
-way below cost of production
-record pace of Oct. silver Eagle sales, for one month and the full year
-nearly no silver inventory left in exchanges, backwardation in China, surging COMEX open interest
-mining writeoffs at year end will be enormous - mining industry on verge of collapse
-shortage coming
Stocks/bonds
-PPT failing, as stocks clearly plunging.
-half of all stocks in bear market, Russell 2000 plunging
-rates down nearly to 52 week lows, after blatant Fed "tape painting" ahead of September FOMC meeting when they goosed rates higher