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Sheer Genius! Buy Gold not Silver

PostPosted: Fri Apr 19, 2013 2:21 pm
by shinnosuke
OK, you can buy silver too because that will hurt JPMorgan, but buying gold is what will stop Ben Bernanke.

The link below is to a 5 page article by Professor Antal E. Fekete. Don't let his connection to academia scare you. He knows his stuff.

http://feketeresearch.com/upload/Who-sa ... Fekete.pdf

This is a very approachable article to be savored two or three times.

Re: Sheer Genius! Buy Gold not Silver

PostPosted: Fri Apr 19, 2013 4:49 pm
by Lemon Thrower
good article.

agree that cheaper gold makes people buy more phyz. also, the money business means people will leave the comex. as phyz leaves the comex, it crumbles becuase its a fractional reserve casino that increasingly appears to be a rigged casino and highly leveraged.
.I don't know that barter or deflation are inescable or even likely results thought

Re: Sheer Genius! Buy Gold not Silver

PostPosted: Sat Apr 20, 2013 3:57 pm
by cupronickel
I agree that backwardation implies a physical scarcity of gold and a mistrust of the paper market. I just don't get how lowering the paper gold price leads to deflation (by this I mean lower prices).

Re: Sheer Genius! Buy Gold not Silver

PostPosted: Tue Apr 23, 2013 8:41 am
by Sheikh_yer_Bu'Tay
I have been reading Prof. Fekete off and on for years now. Great read. Thanks!