05 December 2014

Gold Daily and Silver Weekly Charts - It Is Whatever We Say It Is

“Now listen to the first three aims of the corporatist movement in Germany, Italy and France during the 1920s. These were developed by the people who went on to become part of the Fascist experience:
  • (1) shift power directly to economic and social interest groups;
  • (2) push entrepreneurial initiative in areas normally reserved for public bodies;
  • (3) obliterate the boundaries between public and private interest -- that is, challenge the idea of the public interest.
This sounds like the official program of most contemporary Western governments.”

John Ralston Saul, The Unconscious Civilization

"Arbitrary power is most easily established on the ruins of liberty abused to licentiousness."

George Washington
Belgium has come forward and is considering whether to repatriate its gold reserves.
The Non-Farm Payrolls Report Day went largely as expected.

Vile creatures lie to us, and we pretend to believe them.
It is drafty and dangerous, living in a house of cards.

Have a pleasant weekend.