There is no subtler, or surer means of overturning the existing basis of society than to debase the currency. The process engages all the hidden forces of economic law on the side of destruction, and it does it in a manner which only one man in a million is able to diagnose - John Maynard Keynes, "The Economic Consequences of Peace"That quote right there is the foundation of Keynesian economics.
In response to several email inquiries, I wrote an explanation for the current price correction in gold and silver, since we might have expected that gold and silver would take off to the upside after the FOMC expanded its QE program.
The fact of the matter is that we saw very similar price action in mid-December last year, prior to a big rally in the entire precious metals/mining stock sector in January. There's a lot of reasons for this and I don't want to pontificate about the illegal manipulation and corrupt nature of our financial system. Instead, I wanted to focus on a little-known technical aspect of the paper trading on the Comex - tied in explicitly with said manipulation, as has been affirmed by Bart Chilton, one of the CFTC commissioners.
I highly recommend reading this article. You will understand an aspect of the gold and silver market that very few people are aware of and even fewer understand: Comex Open Interest Liquidation Manipulation