Free Gold but kick Silver when it`s down? 3 Years, 3 Months ago
I wonder if anyone has read Costata`s open forum on Silver, posted on the FOFOA blogspot?
From what I can make out, the fellow seems to be making the argument that Silver bugs have been taken for a ride, there isn`t such a shortage of silver as we have been led to believe, JP Morgan`s position is not so precarious etc etc.
Now there is a lot of intellectual toing and froing on this site and I don`t have the wherewithal to address the many points being made. But I do think the timing of this article is strange and I can`t understand a gold bug knocking a silver bug. It smacks of divide and conquer, polarising sides against each other that have no business being against each other. Bimetallism seems to be an ugly word on that site but why should anyone put all their coins of one metal into one basket?
As I said at the time, I used to have a lot of respect for this site, as I've picked up some interesting insights on the GOLD market there. Obviously their expertise/understanding does NOT extend to the silver market.
I'll stick with the fundamentals I expressed in my latest silver piece. FOFOA doesn't know what it's talking about.
Re: Free Gold but kick Silver when it`s down? 3 Years, 3 Months ago
Fofoa does have some clever ideas and insights but thats no substitute for a clear grasp of the fundamentals. Thats why I continue to come back to your writings Jeff. Your talent for cutting through the BS and refusal to turn a blind eye to the conpiracy angle of the markets sets you apart from the herd.
The free gold theory to my mind is an elegant solution but to my understanding, it must apply to silver and all other commodities, otherwise its a false freedom used by the banksters to deceive us once again and continue the age old parasitical cycle.
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