Sunday, January 11, 2015

THE PRICE OF GOLD AND THE ART OF WAR Part IV

Kitco Commentary
If you wait by the river long enough, the bodies of your enemies will float by
Sun Tzu, The Art of War, 5th century BC

If you know the enemy and know yourself, your victory will not stand in doubt; if you know Heaven and know Earth, you may make your victory complete.
Sun Tzu, The Art of War, 5th century BC 

Trouble here is, does anybody even know who the enemy is?  A clue, perhaps?

Bankers have successfully overcome free market dynamics by distorting the price of gold primarily through the use of ‘paper gold

… Over the last three years the bullion banks and governments have tried to break the backwardation and normalize the economy by dumping huge amounts of physical gold and “paper gold” at the gold spot price.

But they have failed, 

The present power structure does not have much time left. Its fall has begun 

I think the way to tell who your enemy is by what they tell you.  If what they tell you is true, they could be a friend.  If they lie to you, look out.  Our "leadership" lies to us constantly.  Nuff said.

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