Which Price Ratio Matters Most in a Fiat Ponzi?

by Dr. Jeffrey Lewis
Silver Coin Investor

“Those who wish to seek out the cause of miracles and to understand the things of nature as philosophers, and not to stare at them in astonishment like fools, are soon considered heretical and impious, and proclaimed as such by those whom the mob adores as the interpreters of nature and the gods. For these men know that, once ignorance is put aside, that wonderment would be taken away, which is the only means by which their authority is preserved.” – Baruch Spinoza, Ethics

In a recent review I quoted part of a social media piece written by James Anderson – our friend at JM Bullion.

Anderson stated:

“I repeat that is $25 trillion per year traded in these 2 money metals, the high 90% of which are never ever delivered in real physical bullion.

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