Some More Misconceptions

Misconceptions In Central Banking
That the petro producing countries and the Asian export countries will continue to buy all the Federal debt being issued till normalcy resumes.
That hyper-inflation of some sort won’t breakout in the next few years.
That China is of the same mindset as the U.S. that we are all on the same page. What if China has a different agenda?
In central banking it seems that they assume that they can make everything better.

Misconception - Gold is a Great Investment
The central banks of the world hate gold and openly coordinate to keep the prices down. Remember the old wall street saw, “Don’t fight the Fed”? I like gold, I have been accumulating gold, but I know that deflation can take gold down. I also know that various central banks have selling gold and silver, causing massive price drops over the past year. At first, I didn’t believe the reports in various “gold bug” blogs, but its true. Has anyone read or believe why the executive board of the IMF decided on September 18, 2009 to sell 403 metric tons of gold (1/5th of its totally holdings)? Look it up.

I think this is another misconception, that if gold prices are suppressed, then there is no hyperinflation now or on the horizon. Its not a bad idea to maintain control. I can hear pundits saying, the market is looking ahead and by the drop in gold prices, it clearly is not expecting inflation, or hyper-inflation, or a currency crisis, and I would agree, if that is all I knew. Well, the money making opportunity is simple buy gold the dips (central bank engineered) and sell the peaks, and wait for some other central bank to come in and shoot down gold. They have the power to sell gold and crater the price. Now eventually they may not be able to contain the price. Also, gold miners may remain wall flowers and never get their big run they are expecting.