With the precious metals sector having been in the grip of another bankster-induced “silly season”, I was very unsure about how the market would “react” to the latest shenanigans of B.S. Bernanke. Put another way, I was uncertain as to whether the actual fundamentals would be allowed to assert themselves – even to a small degree.
[Read more...]Exposing Silver Mythology, Part III
In Parts I and II, we were presented with a shocking perspective on the silver market. The principal record-keepers for the silver sector, and the largest single regulator of the silver market both display not only an abysmal level of ignorance concerning the silver market, but the seeming incapacity to even understand basic arithmetic operations.
[Read more...]Exposing Silver Mythology, Part II
In Part I, I laid out for readers the extraordinary scenario which exists in the silver market today. The individuals/entities operating the silver market; compiling data on it; and reporting on it (at least from the mainstream) display no understanding of either the general principles of markets, nor of the specific fundamentals of their own sector.
[Read more...]Exposing Silver Mythology, Part II
In Part I, I laid out for readers the extraordinary scenario which exists in the silver market today. The individuals/entities operating the silver market; compiling data on it; and reporting on it (at least from the mainstream) display no understanding of either the general principles of markets, nor of the specific fundamentals of their own sector.
[Read more...]Exposing Silver Mythology, Part I
Advanced economic analysis involves high-level mathematics at least as complex as the realms of physics or engineering, accompanied by equally convoluted jargon. As a result, it is virtually incomprehensible to the ordinary person.
[Read more...]Exposing Silver Mythology, Part I
Advanced economic analysis involves high-level mathematics at least as complex as the realms of physics or engineering, accompanied by equally convoluted jargon. As a result, it is virtually incomprehensible to the ordinary person.
[Read more...]The ‘Perils’ of a Gold Standard?
Among my own list of “pet peeves”, near the very top are systemic flaws in analysis. Put another way, I am infuriated by seeing analytical mistakes which “everyone” makes, because when the supposed “experts” in our society insist on repeating flawed analysis again and again they teach flawed thinking to those exposed to this defective logic.
[Read more...]The ‘Perils’ of a Gold Standard?
Among my own list of “pet peeves”, near the very top are systemic flaws in analysis. Put another way, I am infuriated by seeing analytical mistakes which “everyone” makes, because when the supposed “experts” in our society insist on repeating flawed analysis again and again they teach flawed thinking to those exposed to this defective logic.
[Read more...]The Myth of U.S. De-Leveraging
Following the Crash of ’08, when the mainstream propaganda machine was desperately trying to “put a happy face” on the collapse of the U.S. economy, a ridiculous two-part economic myth was first spawned, and then regurgitated millions of times by media talking-heads: ordinary Americans were “saving money” and “de-leveraging” (or voluntarily paying down debt). Neither half of this myth has the slightest foundation in reality.
[Read more...]