The economics of The FED is full of complex policy. Certainly it is not a just weight and balance:
The FED likes to measure things with unjust measurements and their spokesmen are full of great swelling words of vanity. Gold and silver are measure in ounces and when you measure them in unjust US DOLLARS it becomes confusing. Think about it.
I saw a COMMENT on another blogspot that says it well:
"Obama is getting the CME to raise margins on everything but the kitchen sink. He thinks high commodity prices will cost him votes, so he's monkeying around with the market in order to win voter points. They even raised the margins on Nat Gas...this is pure retardation. It is pissing the Asians off royally, as the US has declared economic warfare on them.
I think we will see increasing volatility in all commodities, until we piss off the Chinese and Europeans so much that they dump the USD, take the hit on their treasuries, and back their currencies with gold largely and silver secondarily. Once China can secure domestic demand for their own goods, the USD is toast."
Some People are Still Buying and Holding:
This Texas coin dealer is expecting "triple digit" silver prices yet this year. So amidst all the GLOOM and DOOM we might just have a BOOM coming again. By the way where is Marc Faber lately?
