Watching a shell game is quite amazing. The sleight of hand is difficult to detect even in the novice magician. Just when you’re sure the ball is under that shell, you discover there is no ball at all. New regulations will begin next week for the NY Mercantile Exchange to adjust their reserve policy of gold in a futures contract. What is this improvement to their policy? Well they can engage in a gold futures contract without actually having any gold. If you want delivery then you must settle for cash. All together now… Gold Bubble! Where is the Commodities Exchange Commission on this? First we have paper assets not backed by assets and now we have paper commodities not backed by commodities. The economic shell game is becoming so blatant I cannot understand how the population has not taken to the streets. Are we all on Prozac? It’s time we filtered the fluoride out of our drinking water and wake up to these tricks. Beware the magician but In Gold We Trust…
No comments:
Post a Comment