Blabbervision's Last Stand

History will begin in less than two hours when the Fed lowers interest rates for the first time in more than a decade. They are scared shitless or they would never make this move. The critical juncture this move signals has to be handled in such a way the public barely notices it occurs while the investment “public” is glued to the announcement and its nuances.

The “ECONOMY IS GREAT” and “We are cutting rates” is going to create a major problem for the “Message”. The purpose of the “message” is to maintain an “all is well” mantra and keep boiling the frogs while maintaining an annual harvest. Sorry…..you didn’t realize you were just a “harvest”? Then you probably believe you’re  ”doing just fine” in this maelstrom of mass deception. LOL you probably don’t know that housing prices are collapsing in New York, Seattle, San Francisco, London, etc. You probably don’t care major Banks are laying of tens of thousands in a major “bull” market with a negative yield curve. You probably don’t care hundreds of companies are missing revenue and earnings estimates in this “great” economy. 

LOL you probably don’t know the median wage has been stagnant for 25 years. You probably don’t know or care there are millions of financial refugees flooding across your southern border. They will do ANYTHING to survive. They’re after the American Dream……and that’s welfare, EBT cards, healthcare…….  After you’ve paid for their stake. But they WORK too! So they’ll take lower paying jobs and even higher paying jobs like construction keeping those wages stagnant.

You probably aren’t aware the World’s largest economies of China and Germany are in full recession with full printing in China and negative interest rates already in Germany.

The Fed knows all of this and they wouldn’t be embarking on  this historic turn in rates unless they were absolutely standing on the edge of the cliff staring into the abyss of a monumental shitstorm. They are signaling hell is coming and they don’t want you to panic so they’ll do everything they can over the next few days to let you know (after their 25bps cut) they are “Ready to move if needed”. They will signal the “economy is still strong”. Then they will repeat and repeat they will move to even lower rates “should it be necessary”. Blabbervision will be on bended knees praising their power and CONtrol and investors will not panic (even though they’re cutting rates in a great economy) and stay in the warming water of the frying pan. 

Any negative “market” reaction will be checked with algo bots and Blabbervision Fed speakers after the announcement. Gold and Silver might even go up in the paper price to suck in a few more paper longs before the snap their necks with a big shakeout. I’d like to see a ramp up to over 1450 before the whack it but really it doesn’t matter. The breakout is real and its just a matter of time before it crosses 1500 this year. 

Miners are another story. The Wall Street smart money is in this trade and they can rip this higher with down to sideways movement in gold over the near term so sit tight and don’t leverage here.