Conditions in U.S. and global financial markets remain extremely strained. The President’s Working Group on Financial Markets (PWG) is working with market participants and regulators globally to address the current challenges and restore confidence and stability to financial markets around the world.

The greatest heist in history took place on Friday when congress was CONNED into signing away $700 billion accompanied by SOME $120 billion of pork.

I believe future historians will allocate Monday, September 29, 2008 as the start of the second Great Depression. That is not to say we may yet see exciting corrections and even occasionally a stronger US dollar. Still, the ultimate trend is down, down, down.

The US bail out package has been passed. US September non farm payrolls have once again come in negative. Europe and rest of the world is copying the US and are bailing out defunct financial companies. Traders and investors will be thinking what next?

Gold rose about 0.5% to $847.25 at the New York open and then plummeted to as low as $818.60 by 9:30AM EST before it rebounded back near $840 by late morning, but it then fell back off into the close and ended with a loss of 1.74%. Silver fell to $10.83 by 9:30AM EST before it rebounded to see a 60 cent gain at as high as $11.72 by late morning in New York, but it also fell back off in the last couple of hours of trade and ended with a gain of just 1%.

Before delving into the nuts-and-bolts of how usury has been utilized in deceitful and harmful ways to perpetrate economic abuses upon mankind we should also grasp the historic relationship between GOLD and INTEREST RATES:

Dollar Death Ray, powered by the U.S. Treasury and the Federal Reserve, is aimed at the heart of the U.S. dollar. Forget the U.S. Congress debate of the Bank Bail Out and Congressional Reelection Bill of 2008. The Federal Reserve and U.S. Treasury, without a vote of Congress and support of the voters, has given $253 billion to banks in the past week.

People are feeling as though a macro rug has been pulled out from under their feet. It is with good reason; all the while that America’s true macro-economic fundamentals were deteriorating alarmingly, the pied pipers of Wall Street merrily played their tune, enabled by the ‘don’t ask, don’t tell’ mentality of financial television, other major media and the government itself. The public has been let down in a big way. Okay, we all know this now. But what to do about it?

Years from now conspiracy theorists will no doubt contend that the historic $700 billion 2008 bailout package came about because the Federal Reserve and U.S. Treasury wanted to further cement their control over the U.S. economy and government.

The most important and most neglected news item of the last week is the increasing premiums for 100 oz. silver bars. There are several reasons why this is the most important news item: 1. The profit opportunity, as mentioned in the title above. 2. The potential to destroy the silver manipulation once and for all, by bankrupting COMEX of silver. 3. This reveals the “two tier” structure of a US dollar exchange rate.