"We have been silent witnesses of evil deeds; we have been drenched by many storms; we have learnt the arts of equivocation and pretence; experience has made us suspicious of others and kept us from being truthful and open; intolerable conflicts have worn us down and even made us cynical.
Are we still of any use? What we shall need is not geniuses, or cynics, or misanthropes, or clever tacticians, but plain, honest, and straightforward men. Will our inward power of resistance be strong enough, and our honesty with ourselves remorseless enough, for us to find our way back to simplicity and straightforwardness?”
The stopping of contracts for gold bullion continued at a brisk pace yesterday, with the month-to-date total reaching 355,900 ounces. Given that this is against a total deliverable-at-these-prices inventory of 986,857 ounces, it is probably very fortunate that almost none of the gold ever leaves the Comex, but is merely shoved around the plate of speculators in the service of their games of liars' poker.
Real delivery does in fact take place. It just does not take place in New York, where unfortunately the prices for the world of certain key commodities are heavily influenced, if not set.
One of the great strengths of gold as a natural form of money is that, being created only in the hearts of the explosions of supernova, it is in relatively scarce and stable supply. It is not consumed by industry to a large extent, and does not succumb to the corrosions of time.
There had been a great store of it in the West's central banks. It was viewed as just another form of historic money, subject to the manipulations and management of the other world currencies, as is the charter of the central banks as the central planners of our brave new world of crony capitalism and the post-Bretton Woods.
Unfortunately for these best laid plans, some intransigent nation states have become tired of the principle of 'justice for some,' and are not swayed by the propaganda of the modern pseudo-science of economics that serves to largely promote the a priori and almost always self-serving policy decisions of a privileged few.
And so here we are. The lie seems to be reaching the end of its rope. The status quo is squirming in their seats, like the pharisaical hypocrites that they are, like serial criminals at a 'come-to-Jesus' meeting.
In the darkness of their group thought and backroom dealings it seemed like a good and noble idea at the time, to manage the money, and the perception of it, to serve the people. And of course they had the promptings of the Banks, who held their hands closely, and helped them, and told them how clever they are.
But in the light of day and to their shame, it looks to an uninitiated observer like a simple case of blatant and conspicuous fraud, and a theft of other people's money that served themselves and their friends.
Isn't this how we always go wrong, when we know what is right, but allow special dispensations and privileges for ourselves? One thing leads to another, in a progression of coverup and a spiral of ever greater crimes in the service of following orders and 'the necessary obligations of superior men'. Men caught up in such power as they have only one limitation, one law, and that is 'do what thou will.'
And now the day of reckoning approaches. What to do, what to do?
Have a pleasant evening.