Jesse's Café Américain: Gold Daily Silver Weekly Charts - Panic Hits the Money Printers As Benny Signals QE -> infinitum: "But if one is on some standard, it forces you to be more transparent and overtly devalue your currency, should you wish to do things like bail out your friends on Wall Street. Electronic digits on the other hand are much more amenable to a bureaucracy which prefers to conduct its business using opaque financial transactions in a self-serving manner, lacking in sufficient independent oversight.
Oh I see where Benny came out today and signalled QE to the limit, and gold and silver spiked higher. Now it all seems more clear to me.
A nice fade. Thanks. And let's hope Ron Paul gets that audit soon.
As Matt Damon said in one of the best poker movies, Rounders:
Mike McDermott to Teddy KGB: "Well you feelin' satisfied now Teddy? Because I can go on bustin' you up all night."
Caution: language"
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