Saturday, August 14, 2010

August 14, 2010; Saturday, 9 am

“There is no means of avoiding the final collapse of a boom brought about by credit expansion. The alternative is only whether the crisis should come sooner as the result of a voluntary abandonment of further credit expansion or later as a final and total catastrophe of the currency system involved.” ~ Ludwig von Mises – Austrian Economist (1881- 1973)

Dear Reader,

Yesterday’s post was significant, as I believe most of them are. I encourage you to read as much as you can.
BUT, This JUST in from Casey Research, and I believe it states my argument in plain and simple terms: Hurry! Don’t wait. This is not your grandfather’s economy. Events are happening rapidly and people are figuring it out at exponential rates of speed.
Please Read this one: The Best Gold Interview of 2010
If it's no longer there, you can get it here.

I've been interested in finding out more about the people and powers that manipulate the G&S Markets, and it turns out that 'Bullion Banks' have a lot to do with that. So I searched a bit and came up with concise explanation of who and how.
Bullion Banks: Smarter than the Rest of Us or Just More Informed?
It's a chapter from Gold Market Lending: An inside look at one of the most opaque Central Bank activities, its impact on the gold market and how IMF policy can change the market to benefit all participants
It's linked permanently in the 'Education / Background' section (lower left).

Here are two from GATA:
Adrian Douglas: Gold market isn't 'fixed'; it's rigged
And,
Morgan retreating from silver rig, Ted Butler tells King World News

And yet another convincing article.
Gold Is My Asset Pick for the Next 10 Years

That’s it for today.
w/love
ali

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