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Monday, 10 November 2014

....so far.........................from Rico

We used to say "it's not the fall, but the sudden stop that kills you."

The economy is still falling at terminal velocity, yet the Cartel and the FED are trying everything to slow the rate of descent, like manipulating bullion prices for example.
- This flapping of their arms doesn't work against the laws of mathematics.

To badly quote Ayn Rand on WHY statist governments and Central Banks HATE bullion:
- The financial policy of the welfare state requires that there be no way for the owners of wealth to protect themselves.
- Deficit spending is simply a scheme for the confiscation of wealth.
-Gold and Silver bullion stand in the way of this confiscation as a protection of property rights.
- In the absence of Gold and Silver, there is NO WAY to protect savings from confiscation through inflation.

Messrs. Argentina, Venezuela, Weimar, and Zimbabwe could not be reached for comment

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