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J T
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LBMA Silver “Price”: A Perfect Storm of Stupidity - Bron Suchecki - Perth Mint

"Criminal" is not the same as "stupid"...and it's not a farce when it is intentional. The only Farce has to do with the criminals in positions of oversight and enforcement that turn a blind eye to the crimes, or actually, let me correct myself, who watch the crimes in progress from beginning to end and do nothing, except to occasionally deny their reality, b/c that is exactly what they are paid to do. The Farce is that there are NO "normal" markets, no "free" markets, just a casino run by criminals under the guise of a market, overseen by criminals under the guise of government protection.

Commented 3144 days ago

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Beginning of the headline :Since I’m partial to a bit of alliteration in my post titles, it is just as well that the Fix had a name change because there is a word beginning with F that describes what happened midday London yesterday (and that word is Farce – go wash your mind out with soap). Anyway, “storm of stupidity” is probably a better fit because it looks like a combination of price insensitive sellers using what now appears to be a closed-end fund. Before we get underway, I want to address the manipulation argument... Read More

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