jt

G-7 Central Bankers Stymied By 'Crude Oil Vigilantes'

Actually, Malkiel, I don't think they exist as some cohesive group. That's why he put it in "quotes"...that's what TPTB like to call them to make it look as though THEY are the ones outside the law and THEY are the ones conspiring together. I think these are simply well-moneyed smart players (maybe really BIG players, as in ?countries) who simply won't fall in lockstep with the spin being put out by the MSM (mainstream media) and won't be manipulated to bailout those who continue to try to suppress the prices of commodities (in this case oil) to try to prevent the public from seeing, exposed and naked, the worthlessness of the paper they pawn off as real money. They know what I just wrote above, and they know that oil is worth far more than a handful of worthless pieces of paper. jt

G-7 Central Bankers Stymied By 'Crude Oil Vigilantes'

Good article. The problem is what is displayed in response #1...for the most part, the American sheeple people, and really a large part of the world's people have been brainwashed by the mainstream media propaganda arm of the Intl Bankers into swallowing whole the dialectic arguments put forward by these owners of the world's fiat currency printing presses that inflation in increase in prices. They know fully well that that is a lie. The rise in prices is CAUSED by the expansion of the money supply...which now, as discussed a little above, is essentially fullblown out of control (in terms of M3), while the working class sees little of it (M1 and M2, more or less).

Commodity prices aren't rising...it's the value of the dollar (and really all fiat currencies) that is finally being exposed by the Fed et al abandoning all restraint and revealing the Emperor's clothes for the fraud that they are...the dollar is a worthless piece of paper. You'll not get MY real commodity assets for the measly amounts the paper market has been able to suppress and manipulate the prices down to. And the House of Saud knows the same thing...heck, they were part of the deal that really solidified dollar hegemony back in the Age of Sir Nixon the ___ (well, you can fill in the blank) by agreeing to sell their oil in dollars. It is really the ONLY thing that has allowed the absolutely uncontrolled, fraudulent, self-serving, unconstitutional, and bottomline CRIMINAL expansion by our Fed (with help from other members of the Elite Bankers of Europe esp) of our currency. So they know how worthless our money really is. Don't blame them for finally calling a timeout and refusing to play under those rules anymore. The dollar is a dying piece of paper. jt