Monday, July 9, 2012

Hang On Because The Chaos is Going to Accelerate

“The fact that this LIBOR scandal has come to the surface is interesting.  It’s an indication of the depth of the corruption in the system.  The LIBOR scandal is just one of the many manipulations going on in the world at this point.” 
“To me the biggest one and the longest running manipulation that no one will acknowledge is the gold and silver suppression scheme.  This has been carried out to keep interest rates at low levels, and to suggest that the monetary policy being invoked is correct. 
To me, the best thing about the LIBOR scandal is more people are going to start waking up to the fact that virtually everything in these markets is fake....

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