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Close followers of my work may have detected what seems to be a conundrum, if not an outright contradiction in my writing. Having been the first to write about our Hostage Markets of the last 3 ½ years; it was recently asserted (in my June 19th column on precious metals) that gold and silver are about to break-free of this crime paradigm. Call this “the irresistible force”.
On the other hand; my latest commentary for Sprott Money states categorically:
…we now have an abundance of evidence to conclude that the One Bank will never (voluntarily) allow gold or silver prices to rise by any significant amount.
Given the relentless, absolute, choke-hold which the bankers have exerted over both the gold and silver markets for the last 40+ months; it is easy to visualize this obstacle to legitimate markets as the (proverbial) “immovable object”. This sets up the eternal, and equally proverbial question: which side will win when the Irresistible Force meets the Immovable Object?