Following swiftly on from the high-pitched shilling regarding some silver trader whistleblower called Maguire (as mentioned previously, we're not going there again), we now have a lot of high-pitchedness about Scotia Mocatta and how its vaults are empty of gold when they're supposed to be full of gold. We are told this as an absolute fact because somebody's brother saw the empty room. So let's just clear this one up as well.
1) Gimme a freakin' break and stop mailing me the tinfoilhat bullshit written by GATA, or Jim dumbass Willie, or the Ron Paul "War Room" (oh my) or the waste of bandwidth known as zero hedge or any other place this silliness crops up.
2) As I wrote to A. Person just yesterday (and don't want to repeat the mail exchange umpteen times, so let's just do it here), doubting the amount of reserves that any given country says it has is missing the point, be that Fort Knox for the USA, some vault in Canada, the dollars supposedly held by Argentina in its central bank or whatever other example. What all these countries have is a papertrail that can be used to convince that what they say is true. In the end it's just a very small and rather inconsequential corner of the much larger confidence trick we know as money. But that's nothing new! The Italian goldsmiths and bankers worked out how to fraction money in the 17th century. We were born into this system and we'll all die out of it and it won't change, so you'd be better off fighting another battle than doing a Quijote vs Windmill on this.
And by the way, I know that by taking this viewpoint in public, the 'more reactionary' (ahem) readership will start thinking that if this humble scribe doesn't want to be part of the solution he must be part of the problem, with the result of being labelled an illuminati spokesperson in about two weeks' time (or whatevs). So if you fancy going down that line of thought, let's just pre-empt by shouting "DUMBASS" in your face right now.
1) Gimme a freakin' break and stop mailing me the tinfoilhat bullshit written by GATA, or Jim dumbass Willie, or the Ron Paul "War Room" (oh my) or the waste of bandwidth known as zero hedge or any other place this silliness crops up.
2) As I wrote to A. Person just yesterday (and don't want to repeat the mail exchange umpteen times, so let's just do it here), doubting the amount of reserves that any given country says it has is missing the point, be that Fort Knox for the USA, some vault in Canada, the dollars supposedly held by Argentina in its central bank or whatever other example. What all these countries have is a papertrail that can be used to convince that what they say is true. In the end it's just a very small and rather inconsequential corner of the much larger confidence trick we know as money. But that's nothing new! The Italian goldsmiths and bankers worked out how to fraction money in the 17th century. We were born into this system and we'll all die out of it and it won't change, so you'd be better off fighting another battle than doing a Quijote vs Windmill on this.
And by the way, I know that by taking this viewpoint in public, the 'more reactionary' (ahem) readership will start thinking that if this humble scribe doesn't want to be part of the solution he must be part of the problem, with the result of being labelled an illuminati spokesperson in about two weeks' time (or whatevs). So if you fancy going down that line of thought, let's just pre-empt by shouting "DUMBASS" in your face right now.