Sheer Genius! Buy Gold not Silver

[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.

[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

[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).

[Sheikh_yer_Bu'Tay]

I have been reading Prof. Fekete off and on for years now. Great read. Thanks!