Jesse's Café Américain

Every empire in its official discourse has said it is not like the others, that its circumstances are special, that it has a mission to enlighten, civilize, bring order and democracy, and that it uses force only as a last resort. And, sadder still, there always is a chorus of willing intellectuals to say calming words about benign or altruistic empires, as if one shouldn't one's eyes watching the destruction and the misery and death brought by the latest 'mission civilisatrice.' Edward W. Said

Showing posts with label collateral. Show all posts
Showing posts with label collateral. Show all posts
23 May 2013

Net Asset Value Premiums of Certain Precious Metal Trusts and Funds - Rehypothecation Ponzi

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Thin premiums remain the order of the day for the gold and silver holding trusts and funds. Citi analyst Tom Fitzpatrick sees gold app...
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