The Road To A Bullion Default

The Road to Bullion Default: Part I - TheStreet

It's important for readers to understand that there is no way the newly announced money-printing has been (or could ever be) "priced into" metals markets. As the simplest of tautologies, you can never "price in" infinity into any market. Open-ended/unlimited money-printing means nothing less than an endless spiral higher in asset prices -- until all this banker-paper meets the same fate as all previous fiat currencies: utter worthlessness.
Obviously, over the short term, asset prices have not been allowed to move higher. The mechanisms for this manipulation are now well-known to sophisticated investors. While manipulative automated-trading algorithms allow the banksters to lead market Sheep around like the Pied Piper; the banksters' massive derivatives casino literally allows the bankers' gambling on our markets to dominate the markets themselves.