You are right. In fact it is more the demand for enforcement than totally new regulation. As AUM-shareholders we are suffering from cartels being allowed to do with the silver price what they want. Similar cartels are operating in the international capital markets. Using derivatives they can accumulate astonishing levels of leverage, so not only are they "nearly monopolistic" forces in the market, on top of that they bring the entire world market in peril. Were these derivatives to blow up, everything blows up.

Martin Armstrong clearly does not agree that these concentrated, overleveraged, monopolistic forces are the problem. For him regulation seems to be irrelevant and he sees Socialism as the main problem. I dare to say that in Northern Europe a nice mixture of capitalism and social principles (proxy for socialism?) has been working pretty well and the power of politicians has not been as absolute as elsewhere due to the strong adherence to democratic rules and principles.

In the Netherlands the Government is warning the population for the approaching storm. Interesting enough, they have also indicated that they have no idea how strong that storm will be. Ouch.