The
current move in precious metal prices, described today as a “vicious sell-off”
or “full-scale stampede” or “gold free-fall”, highlights the pitfalls naïve
investors face in doing the right thing. With Ben Bananas churning
out play money like there was no tomorrow (that seen as the inevitable outcome
of his crazy dough agenda by many observers as well) silver, gold, and what
have you would seem the most responsible wealth haven to run to – IF YOU DIDN'T
HAVE TO GO THROUGH THE CRIME FAMILIES FIRST.
We
have no idea where these markets are going, but do know what the Wall Street
Dons have in mind: to sucker their patsies into those endless bloodbaths
spawned by proprietary trading and papered with the overwhelming sums these
thieving moneysuckers have at their disposal when the pack of them, acting as
one, gangbang the public investor, cheating him out of his savings under the
cover of a bought-and-paid-for lawlessness that refuses to codify and enforce
blatant criminal activity as blatant criminal activity.
For
us, this is déjà vu all over again. Back in the late 60’s, at the dawn of
the “guns and butter” inflationary horror that would destroy long term
bondholdings right here in our own country over the decade to come, a German
who’d lived through their Weimar Republic hyperinflation told us that
industrial common stocks were the only investments that survived that epic
financial meltdown. Gold investors saw their savings stripped right out
of their accounts by the kind of cutthroat practices traders can get away with
during off-the-wall periods of insane market instability.
Think
it through, valued Subscribers. That’s got to be what we’re seeing in the
precious metal complex today. Just a taste though. With Bananas at the
presses, surely the real show is yet to come.
