Saturday 28 March 2015

Sometimes they 'slip' and .....................from Rico

Sometimes they 'slip' and tell the truth by mistake (or because they have no choice).
No, never at the carefully staged and orchestrated FOMC events, or in public statements for the 'great financial unwashed' that has no clue what is really happening anyway, but when speaking to smaller and more knowledgeable groups it does happen.
- As easy as it is to snooker and hoodwink the uninformed and uncaring masses, it's very hard to BS the expert and well-informed few when going mano a mano with them in a small room.
Here are a few examples:
Former Fed Chairman Paul Volker "Gold is the enemy."
Former Fed Chairman Alan Greenspan "Gold is a currency. It is still, by all evidence, a premier currency. No fiat currency, including the dollar, can match it."
Current Fed Chairman Janet Yellen " is not a very convenient store of value....."

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