Monday, July 12, 2010


So, You Think You Have A Chance
In This Market?

When a "mystery bank" can move 380 tonnes of gold in one transaction, why would you be so foolish as to think that this is a 'free market" or that you could base a currency on gold?

Besides, if you allow the banks to lend the gold, as they did here, you'll be in worse shape than you are now.

True, we need a wealth based system, but gold is not the answer.
The answer is to monetize the production of infrastructure with new, debt free money, instead of borrowing, bonding or taxing.