The Federal Reserve will continue to administer Quantitative Beatings, (aka Quantitative Easing, buying US Treasuries, printing money, inflation, etc.), of this there is no doubt. This is the only way that the financial system as we know it can continue. The “toxic assets” (aka worthless liabilities) that created the financial crisis of late 2008 have not gone away, they have simply been moved to the balance sheet of the Federal Reserve. In order to maintain the status quo, both the toxic instruments on the books of the Fed and others which remain within the system must be inflated away.

The large financial institutions control the Federal Reserve [...]

Today, after a 2 year plus investigation, Commissioner Bart Chilton of the CFTC (US Commodities Futures Trading Commission) – the body that regulates the futures and options markets – released some extremely powerful statements to the public regarding “Anti-Manipulation and Disruptive Trading Practices”.

Here are the highlights:

I take this opportunity to comment on the precious metals markets and in particular the silver markets. More than two years ago, the agency began an investigation into silver markets. I have been urging the agency to say something on the matter for months. The public deserves some answers to their concerns that silver markets are being, and have been, manipulated. [...]

Forget what you thought you knew. If you find yourself scratching your head as to why gold and silver continue to rise, look no further, you will have your answer today. The Financial Panner has been researching and writing about global macro-economics for some time now but even we are subject to an “Ah Ha” moment. As written in our initial newsletter from this year “2010: Truth to Shine as Bright as Gold”:

The truth hurts. Initially, truth can be shocking, hurtful, surreal, and utterly amazing – but its longer term nature is always liberating as it provides a solid foundation to make forward progress. With truth comes change, whether desired or not, and eventually a new sense of hope.

The Financial Panner sees 2010 being a year where many economic and market truths, a number of which are not mainstream, ascend the dam of deceit and rapidly immerse us all dispassionately. Though many still will not wish to recognize and accept them, these truths will begin to be accepted by a majority as commonplace.

There is no doubt that this is now happening in markets as well as in corners all over the world. For many years now, the hidden answers as to what is going on with the economy and where it is headed have been underground, scattered about, and lurking in dark places. Even if you found the answers you would have written them off instantaneously – most would have considered them unbelievable, ridiculous, or just plain idiotic. This has all changed. [...]