Well, 'hello' out there to anyone who has been here for a long time and well remembers Jim Sinclair assure us all that tapering was not a possibility. I was sure convinced and I believe JS is a brilliant, honest and admirable man. After all, who would buy up all that US treasury debt via the bond markets if the Fed didn't? ... since China et al would end their support. Well, who can really blame him since our 'gold mentors' as well have been outlasted and outblasted by the mendacity and paper power of the indestructible fraudsters. With bottomless balance sheets bouyed up with $trilllions in bailout $... and floating on myth and far beyond the reach of the law, the bad guys have won Robin ... so far.
I'm not blaming our 'gold gurus' since they will inevitably be right and most likely their long suffering predictions supported by real data beging to unfold next month?... this Spring? ... this summer? ... with some crisis event? ... with emerging market turmoil? Well, who knows at this point. The big players have stuffed us good and are laughing derisively I'm sure.
Examples of financial, political, corprote and even charities corruption come in streams now on a daily basis ... and when we see Jamie Demon get a huge salary raise to $20 million while rewarding his management team with millions in bonuses after the Co. has been guilty of fraud and fined $20 billion so far and laid off 7500 staff and reduced their salaries ... well, what does it matter any more?
Say, do you think these guys have already socked away a lot of gold?
How's your day going so far?