Comment: Rough rough.

(See in situ)


Rough rough.

For me, Mike Maloney provided the key clue, IMO.

A few months back he reported that banks were holding $2 Trillion in excess reserves.

They can cover a lot of margin bets with $2 Trillion.

If their agenda is to discredit Gold and Silver as an asset, then we buy low and hold.

Economic Prediction Bowl
Keynesians 0 Austrians 57

What can't go on forever, stops.

Keynsians can't be right, just lucky.
Austrians don't cheat.

Free includes debt-free!