We awoke Friday to a strange, Nu world, as in another COVID variation designated Nu and the customary hysteria that this one is worse than all others, possibly immune to vaccines, etc.
Wash, rinse, repeat.
Anyone else recall Delta?
I find the Nu timing striking since just yesterday I wrote in celebration of a family holiday gathering that refused to buy into the fear porn being spread about COVID in general. I also had noted how people around the world were getting fed up with restrictions and losses of freedom in the alleged pursuit of COVID protection.
Can it be coincidence that the people operating the levers behind the curtain have come out with a fresh variant to herd the sheep back into line?
Reaction to the latest scare has been predictably nonsensical. For example, gold quickly traded up markedly, to the range of $1,818 or so an ounce. Silver was up to the $23.70 an ounce range.
Precious metals tend to be canaries in the coal mine, indicating problems dead ahead. Their price rises made sense.
Your masters know this and act quickly to stem rallies. Witness today gold crashing quickly to a low of $1,780 before rebounding a bit to close just over $1,790.
Silver was bludgeoned down to $22.90 an ounce before rallying a bit to just about $23.09.
Some might think I’m paranoid about this. But the evidence is there. Just Google JP Morgan and precious metals manipulation settlements and you will find multiple entries showing the bank paying fines and admitting wrongdoing in the trading of precious metals and other assets.
Basically, bullion banks create false “spoof” sell orders and owing to their massive computing power and co-location close to exchanges, they can withdraw those orders just as you try to act. But this gets sentiment and momentum moving in the direction the bullion banks want, creating selloffs.
Another trick is to have un-Godly large amounts of paper bullion contracts sell in seconds, overwhelming the supply-demand factors and dropping the prices.
The reverse of this is the so-called Plunge Protection Team, which rushes into stock and bond markets in the midst of crashes to buy, buy, buy and stem the tide.
You can Google that one, too. Apparently the decision was made to let the stock indices founder on Friday’s shortened trading session. The boys will be watching intently market action in Asia Monday (beginning about 6 p.m. Sunday our time) and European trading that follows, as well as futures prices for our indices, to decide how much liquidity will be pumped into our markets once trading opens here
Oil was among the commodities hit Friday because of course going forward no one will ever again travel and economies will be put into yet another deep freeze in overreaction to COVID news.
It makes little sense, but panic seldom does.
Even as all this virus-related asset dumping was unfolding, a pair of interesting stories moved that likely will be ignored by the LameStream media.
In one, a New York ER has had to close because so many of its medical employees refused a mandate to get a COVID vaccination. Customarily, such refusals are blamed on uneducated conservatives. But I’m thinking nurses and the like in an ER are educated and have a fairly good feel for potential risks and general ineffectiveness of so-called vaccines, which are really gene therapy.
Also, a whistleblower has come forward with claims of fraud by Pfizer in its vaccine trials.
Recall how any supposed “whistleblower” critical of Donald Trump was to be believed without question, even lionized for bravery in going public.
I suspect the Pfizer whistleblower won’t get the same velvet glove treatment from the Lapdog media.
Bottom line: The psychological operation continues regarding COVID, an early Christmas gift to all of us that we might like to return.
Sam Ross Jr's site 