Protectionism: The Lesser of Evils - Having just been subjected to more ivory-tower drivel on “the wonders of free trade”
The Gambler Economy - As is often the case, the only way in which we can properly understand our present circumstances ...
In a recent commentary I pointed out how ordinary investors were being “forced” to funnel most/all of their savings into precious metals – due to the lack of any rational alternatives. I pointed out how ordinary people were being denied any other opportunity to “invest”, but rather were being forced by their financial advisors to become “traders” (i.e. gamblers).
The Foreclosure Fraud Fantasy - What the media continues to deliberately obscure is what is actually being negotiated here.
As pressure mounts on hold-out states in the U.S. to ratify a shameful deal on Wall Street mortgage-fraud, the mainstream propaganda machine continues to circulate a Big Lie as justification for this despicable sham: that a deal would help to “fix” the U.S. housing market. Not only is this wrong, but it is entirely opposite to the truth.
In Part I, I observed that if we really wanted to understand how the short-term manipulation/suppression of the gold and silver markets leads to even higher longer term prices we needed to focus on the relentless attacks by the bankers against the miners.
I explained why the bankers have such a pathological hatred toward the miners:
Regular readers are excused for being confused by this title, or perhaps even suspecting a misprint. After all, having written numerous commentaries documenting the activities of the bullion banks in suppressing bullion prices, at first glance the title appears nothing less than perverse.