03 April 2013

Net Asset Value Premiums of Certain Precious Metal Trusts and Funds - Cheating Is de Rigueur


“Our government teaches the whole people by its example. If the government becomes the lawbreaker, it breeds contempt for law; it invites every man to become a law unto himself; it invites anarchy.”

Louis D. Brandeis

Thinner.

The funds and bullion banks have a full court press on. 

Smells like teen spirit.  or desperation. 
Life imitates high school.

Jim Chanos observes that there is now A Fiduciary Duty to Cheat.

And the love of many will grow cold...