RE: RE: RE: that's more like itThe world's financial system seemed at moderate risk these past few weeks. It almost looked as though the bullion banks were facing a massive default on their huge short positions. But they managed to (barely?) contain the situation and things seem to have stabilized (for now). However, each time one of these panic's ensue, it gets harder to contain. And one of these times the bullion banks are going to get nailed. It would be interesting to know the real situation with the LBMA right now. I doubt its any good. Adding to their pressure is China that would love to dump their $3 trillion in foreign reserves for something tangible, but has so far been restrained in doing so as converting these reserves causes their value to depreciate.
That said, this huge herd of "investors" is like a warthog - short memory. Here's a quote:
"Due to their forgetful nature, warthogs often fall victim to lions. A warthog’s memory is inexcusable, downright horrible. After fleeing a lion it is not uncommon that after a few meters, the warthog will stop, forgetting why they were running in the first place."