Andrew Hoffman--Monday, Wednesday It Doesn't Matter, It's All Manipulated 08.Oct.14

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