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This blog is a twice daily read for me. Here’s one example why:
“The heart of the issue is that the existing monetary and financial system is becoming increasingly arbitrary and corrupt. A relatively small group of interconnected crony capitalists wish to create a digital money out of nothing, and distribute it increasingly as they will, to whom they will.”
Please click over and read the whole thing.
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When it comes to the 25% drop in the U.S. spot silver price we’ve seen over the past two days, Turd Furgeson (not real name) sums it up at TF Metals Report when he writes:
If the OI [Open Interest] numbers come in flat to only slightly down, then we’ve not simply seen a bubble pop. We will have witnessed, over the past 48 hours, a massive manipulative short-selling spree the likes of which we’ve never seen before.
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