King Obama: The Fall

By the way, landed cost is almost always higher than market cost, a fact which predates the existence of the Fed. It's a wash.

So when is this hyperinflation thingy supposed to kick in?

 

I think they sold the equivalent of 70% or more of net world annual gold production in a matter of hours in the overnight session.


Obviously somebody is trying to manipulate the market and I'm pretty sure they have the govt nod and wink wink approval to keep the feds and idiot stooges like ricter/klugman from looking total azzhats.


I'm wondering when delivery is going to take huge premiums over spot.

 

Yes, but this level of premium is unprecedented. Look it up for yourself if you don't believe what I'm telling you.

 

It's already having a severe effect. Google "allocated gold" and JPM.

 

No one on the planet except the cranks at zerohedge and shadowstats expects even "significant" inflation in the decade to come.

 

And you know this, because you've polled everyone on the planet.

 

I'm on the planet, and I expect it; numb nuts.

 

I read widely, you do not. Still, it's merely a tactic you commonly rely on.

 

Great. Define "substantial" and then tell me how widely you read. Also, please tell me what you know I do not read.