As we watch the absurd melodrama surrounding JP Morgan’s multi-billion dollar “trading loss” unfold before us, there are many things we still don’t know. However there is one thing we do know: that the truth is totally different than what is being depicted by JP Morgan and the talking-heads of the mainstream media.
The mainstream (corporate) media is nothing less than the unofficial accomplice of the banking crime syndicate which is running/ruining our markets and economies. Nowhere is this despicable relationship more apparent than in its deliberate efforts to grossly misinform investors on the critical subject of risk.
Gold is a barbarous relic.
Even most ordinary people who rarely pay any attention to topics in the realm of economics will be familiar with this expression. Like most of the Big Lies from the media propaganda machine, our governments have made sure that most of us have heard this one enough times to have it burned into our psyches.
Economic Slow-down Bullish For Precious Metals - watch the community of zombie-economists continuing to make the same mistake
It is infuriating to precious metals investors to watch the community of zombie-economists continuing to make the same mistake, month after month, year after year (and once again today) with a very simple economic dynamic. As our economies slow down (and very possibly crash), it is inevitable that inflationary pressures will worsen – not ease.