On this anniversary of the famous (infamous?) Lehman failure (bankruptcy) it's worth observing that the hated* Gold bullion is UP 61% and the equally hated* Silver bullion is UP 71%.
Meanwhile, post-Lehman, the FED's balance sheet is way UP.
- Too bad the same cannot be said for employment.
Some "recovery" huh?
* There is NO counter party risk with hard assets like Gold, Silver, or real estate which is why the paper-masters hate it so much...they cannot print it, fake it, or steal it from you like they can binary computer entries [think: Cyprus, bail-ins; fiat currency devaluation; MF Global]
Tuesday, 16 September 2014
Happy Anniversary Lehman..................from Rico
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