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The Surprising Truth about the Volatility of Gold & Silver Mining Stocks (Ron Paul vs. the Bankers)

The former Federal Reserve Vice Chairman Alan Blinder: “the last duty of a Central Banker is to tell the public the truth.”

http://www.benzinga.com/11/07/1562612/the-surprising-truth-a...

When I first started blogging in 2006, I also warned investors as to why they should not believe the commercial investment industry propaganda of “volatility equals risk”. When I claimed that steep bouts of volatility in gold and silver and PM mining stocks were primarily created by banker manipulation of these very asset classes more than five years ago, there was very little acceptance of my theories and most investors and financial journalists chose to ignore the very substantial supporting circumstantial evidence. Instead, the mass financial media chose to actively marginalize such theories and tried to discredit and dismiss people like me by labeling our theories as “conspiracy” theories. When US Central Bank governors also publicly pronounced that the Federal Reserve never manipulated the price of gold and was in fact even disinterested in the price of gold, this further fueled the conspiracy claims. This, despite US Senator Ron Paul's recounting of a meeting in which US Federal Reserve Chairman Paul Volcker walked into a room and the first piece of information he demanded of a staffer was the price of gold that day. This, despite former Federal Reserve Vice Chairman Alan Blinder's testimoney that “the last duty of a Central Banker is to tell the public the truth.”

Continue Reading:
http://www.benzinga.com/11/07/1562612/the-surprising-truth-a...

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