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Tom Riach
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Tom Riach   My Press Releases

Smoke And Mirrors, The Emperor's New Clothes

Published on 12/18/2017
For additional information  Click Here

 

"Smoke And Mirrors, The Emperor's New Clothes”  is the 2nd in my 2018 series of 'Winter Warmers' original copyright press releases sent from my happy home in the sunny south of Portugal

SMOKE AND MIRRORS, THE EMPEROR'S NEW CLOTHES

'Smoke and mirrors' is an idiom for a deceptive, fraudulent or insubstantial explanation or description. The source of the name is based on magicians' illusions, where they make objects appear or disappear by extending or retracting mirrors amid a distracting burst of smoke. The bigger the distraction the more complex the trick that can be accomplished and complicating what is apparently before you is another way of cloaking what is really happening.

The ultimate deception of all time was possibly that penned by Hans Christian Andersen in his classic tale of “The Emperor's New Clothes” in which swindlers persuade the emperor to buy a non-existant outfit on the basis that it is invisible only to fools. Not wishing to appear foolish, the emperor purchases the non-existant clothes and parades himself in public totally naked!

Is this the equivalent of what crypto-currency investors are indulging in? There is nothing new after all in people rushing like rabid dogs to get on the bandwagon of the latest sure-fire, huge profit scheme only to find that the bandwagon is already leaving town and the serious professional insiders who drove the price up have already jumped ship and cashed in big time. But not before preparing their life raft! In this instance in the form of creating a futures market and buying heavily into put options from which to gain even more prolifically from the falling price they've created by their exit than they did on the surging upward value which they had first manufactured.

You see, when all is said and done, phenomena such as the current crypto currency frenzy are created by shrewd operators fully conversant with the sheep mentality of the general public and the fear (of loss) and greed (for profit) emotions which drive them. The professionals know that they can blind and baffle their prey with smoke and mirror strategies and with ever more in-depth, intellectual, technical and apparently meaningful detail, repeated and proliferated by knowing (and unknowing) lackeys, well known people and celebrities. They confuse and confound the populace in similar fashion as was the emperor duped into believing that something not there was there.

But at the end of the day, one thing and one thing only powers the price of crypto currencies – the markets! Driven solely by speculation, backed by nothing, is investing in crypto-currencies the ultimate mugs game?

I am Tom Riach. I live and write in the sunny south of Portugal.

 

For many years I have run my WAKE UP LEISURE AND LEARNING BREAKS (click on) where I talk of successful living and of creating both material and inner wealth. Or send for any of my best-selling Amazon books - MASTERING THE ART OF MAKING MONEYSELF-IMPROVEMENT SHOULD BE FUN! - THE SIMPLEST SALES STRATEGY - they are packed with my secrets of successful living and with wit and wisdom sure to get you thinking about how you manage your life. Available in Paperback and Kindle. Click the image below.

.. and see what my readers say HERE! (click on)

SMOKE AND MIRRORS, THE EMPEROR'S NEW CLOTHES is an original copyright Tom Riach press release, short and to the point. I hope you enjoyed reading it and found it informative and/or entertaining. To learn more or to get in touch with me please visit me on my website at WAKE UP 2 WEALTH.

See you there! Regards, Tom.

 

© Copyright Joseph T.Riach 1998-2018. All rights reserved.

Your input is appreciated so please comment on ”Smoke and Mirrors, the Emperor's New Clothes”



ABOUT JOSEPH TOM RIACH

It took me some years to establish myself in business but I believe that in life only the most resolute of tryers will prevail and after several years of a bank account in a permanent state of cardiac arrest my perseverance began to pay!

I became a successful Business Consultant, Investment Adviser and award-winning Salesperson and Marketing Professional and I coined the term 'Creative Solutions' to describe my work in devising and implementing innovative approaches to situations in business, commerce and industry (some call it trouble-shooting). From my successes I grew my own group of small companies.

Today I host my 'Wake Up Leisure and Learning Breaks', personal mentoring and business guidance, in the tranquility and calm of the sunny south of Portugal and I am the author of several books on the subject of successful living.

CONTACT ME - I'll be thrilled to hear from you!

The life of which you dream is HERE within your grasp!

© Copyright Joseph T.Riach 1998-2018. All rights reserved.

 

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