I just had to pause in writing for other Isis Group Blogs to bring you an important paper entitled True State of Economy Not Grasped by the Public written by John Embry, an astute observer of the world financial, business and precious metals fields. He gives an integrated perspective in one brief paper for the current World situations in these areas.

I have found valuable over the years the writings of this perceptive Canadian investment man. He says what he truly believes, which is quite unusual relative to the senseless "Drivel" that comes from most of the investment world.

If you wish to read more of John's commentaries you can go Here. Possibly you may wish to read John's view of the world situation in September 2006 in the article Manipulation of Gold's Price Obvious When It Falls in Stunningly Bullish Situation

I mention his September 2006 Article because its situation has just happened AGAIN. We have had a Metals price fall this week in another stunningly Bullish situation for the monetary metals.

This week's mini-crash of the Shanghai Stock Market was interrelatd with similar events all over the world. This was another event when the Gold and Silver markets should have run higher. But what happened? They dropped dramatically, especially Silver that had been the stronger metal. Un-manipulated markets just do not behave this way, as John Embry pointed out so clearly last September. Both Gold and Silver in late February had broken out above previous resistance points. The "Paper Money" boys had their backs against the wall with massive short positions in derivatives aimed to hold the price of precious metals down. Something had to be done and fast - It was done - A massive selling campaign to try to prevent further metals price increases. Temporarily these actions may appear successful. We shall see later this year.

John Clayton Caris

Comments

[Robert Searle]

What is more important than the present understanding of the economy is a new revolutionary comprehension of money itself, and how it relates to the world. I would draw you to my research, and development project which is an emerging paradigm of the highest importance.

Intelligent,and constructive comments always welcomed.

http://kheper.net/essays/Transfinancial_Economics.html

R.Searle

[jccaris]

Thank you for your comment Robert. I appreciate receiving it. A busy travel schedule has prevented my response until now.

I have the URL you sent and will be reading about your research as oon as I can.

Cordially, John Clayton Caris