by Dr. Jeffrey Lewis
Silver Coin Investor
“The essence of propaganda consists in winning people over to an idea so sincerely, so vitally, that in the end they succumb to it utterly and can never escape from it.” – Goebbels
Central bank induced inflationary bubbles have succeeded in stoking yet another round of irrational exuberance. Or rather, what sadly boils down to ignorance and hope.
And behold once again the build up of short interest in real money as cracks in the thin ice become more and more obvious.
For gold and silver, a true conception of market risk by a mere cluster of new investors would trigger the final separation of futures from the spot price.