Today, the Richmond Fed dropped precipitously and home sales edged lower again. Nobody wants to buy forever declining homes with values that can't find a floor. I tried that earlier this year and I am not sure I timed it properly. Buying a house, lot and all, for 42 bucks a sqf. seemed like a good idea.
So with only two tidbits of business news, both of which were pretty terrible, the market is rallying over 200 points. Seems now the given excuse for today's big move is that fewer banks (small ones) are failing.
I'm not sure that is true. But at some point you would imagine, 4 years into this mess, the number of bad banks would start to dry up a bit. So fewer banks are cratering- just what will that magical elixir do for a worldwide mess? Nada. Pissing in the ocean. Completely irrelevant.
The only way to keep it real, and keep your mind about you at this point- is to simply ignore mainstream media news and Wall Street. They are largely irrelevant. Marginalized beyond any sense of credibility. Very powerful forces are in a tug of war with the truth...desperately trying to convince the masses that everything will be ok.
Many people are starting to wake up. The matrix is no longer some fantasy. It is real. It is an alternative reality cooked up by a bunch of like minded people that all reap power and financial benefits if the greater public is deceived. The villains in our matrix are bankers, crony capitalists, politicians, and their state owned media outfits. Some people call them The Powers That Be or TPTB.
All that is required of you to survive in this new paradigm- this matrix- is that you are aware of these forces. They are not your friends. They exist to deceive and steal from you. And the tricky part about them- like the devil- is that they have to convince you that they do not exist. That conspiracies don't exist. That things will continue and get better as they always have. That you are insane to believe any thing to the contrary because TPTB are the only credible folks. To believe anything other than what we tell you will make you a nutter. An outsider.
In reality- the opposite is true.
All you have to do is take action. Become aware. Take your money out of a big bank, put it in a credit union. Pay off all debt. Buy some gold and silver. Do precisely the opposite of what TPTB want you to do and you will thrive. Trust me. It the greatest contrarian indicator ever conceived. It works. By becoming aware of the matrix and the false reality that TPTB are trying to create- you become aware. You will begin to recognize the enemy and you will thrive.