The Phaserl


The bad guys WILL be beaten — probably by themselves

by Chris Powell, GATA:

Dear Friend of GATA and Gold:

Our longtime supporter R.B. writes tonight in disgust if not quite despair over the increasing rigging of the gold market:

“A question I’ve asked myself a more than once is: Why a guy such as I continues to think he can beat these people and invests accordingly, time after time, the routine being, in each cycle, turning out to have been that he got stubborn when he should have bent, and bent when he should have been stubborn. It seems the problem has been that I thought conventional logic would work sooner or later. Maybe we can beat these people sooner or later, but today’s sort of activity makes that even harder to believe.”

Your secretary/treasurer is no investment adviser; he merely has a layman’s hope that truth and justice will prevail, even if that hope is impugned a bit by the hope he also has for the lottery ticket he bought on the way home tonight. But there is something to this hope.

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