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« Deutsche Bank Confirms Silver Market Manipulation In Legal Settlement, Agrees To Expose Other Banks | Main | Gold Options Traders Extend Longest Bullish Streak Since 2009 »
Wednesday
Apr132016

Yes, The Dollar Should Be Backed By Gold...

Submitted by Bill Bonner of Bonner & Partners (annotated by Acting-Man.com's Pater Tenebrarum),

A Return to Gold

“What if you were appointed to head the Fed? In your first week on the job, what would you do?”

The question was not exactly serious. Neither was the answer.

“We’d call in sick.”

Drought, old age, traffic congestion, meanness, purple drink, bad taste, rap, suburbs, cancer, government, Hillary Clinton, restaurant music, shorts, Facebook, obesity – there are a lot of things wrong in the world. And most of them are not easily put right.

But there are some problems that could be solved overnight. Economic and financial problems, for example, solve themselves… if you let them. Almost all the macro-money wounds suffered by the modern world are self-inflicted.

Central banks and treasury departments around the world keep shooting themselves in the foot. But rather than stop manipulating the system… they buy another pair of shoes.


read more........


 

Gold and silver are starting to fall as the USD gains strength.


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