Manipulation Mondays with Andrew Hoffman:
JAPAN!
-insane mega-QE announcement
-Japan pension funds selling bonds to BOJ to buy stocks, atop tripled BOJ stock buying
-no monetizing ALL JGB issuance
ARTICLES: "Decision Time"; "Kamikaze Attack, and the End of Mining"
Final Currency War
-Friday morning, U.S. warns ECB of devaluaing Euro too much
-Then, BOJ announcmenet
-This Thursday ECB meeting, may be forced to make major QE/NIRP announcment anyway, in response to BOJ announcement and further European economic decline (horrific German retail sales, for example)
-plus, collapsing PIIGS bonds, particularly Greece
-ARTICLE: "final currency war"
FOMC Statement
-pure, unmitigated BS in pretending labor market strong in front of elections
-not to mention, not actually ending QE - of either Treasuries or MBS'
-U.S. economy weakening dramatically - durable goods orders, construction spending, housing sales, prices
-anecdotally, my trip to a deserted Best Buy Sat and Sun
-ARTICLES: "The all-time biggest lie"; "The 'End of QE' - LOL", "BS to the nTH Degree", "2.2% is the new 2.6%"
Swiss Gold Referendum
-initial polls say "yes" in lead
-major reason for PM attacks this month, as a "yes" could end the Cartel and other market manipulations
-all time propaganda campaign as well
RECORD physical demand!
-U.S. Mint 5.8 million silver eagle sales in October (came out Friday night), third biggest month ever and biggest non-January month
-Royal Canadian Mint also on pace to exceed 2013's record levels, Indian silver imports on pace with 2013's record level
-major COMEX withdrawals of gold/silver and GLD gold, enormous COMEX open interest in silver
-rising junk silver premiums
-record Shanghai gold withdrawals
-Maguire says massive gold buying in past two weeks in London
Mining write-offs/production declines will be historic, especially in silver
ARTICLE: -"Kamikaze Attack, and the End of Mining"