The 'not normal' has recently become the 'new normal' according to some.- Abnormal is, well.....abnormal. It is not normal, whatever you call it. But that debate 'masks' something called "counterparty risk."- Cue a big Marty Feldman eyeroll here, along with a patented Ann Barnhardt eyeroll into the bargain. The COMEX now has claims per ounce of deliverable Gold is 126:1.- That's 126 'owners' with paper claim checks for every physical ounce of Gold. The 'risk?'- Enough 'owners' trying to take delivery of physical Gold and not accepting paper Dollars instead. Ann Barnhardt was so right, so early, compared to the rest of us.- "If you're still in these markets, you're either stupid or on drugs."
Sunday, 6 September 2015
Abby Normal................from Rico
From Theo Spark at 17:39
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