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Article excerpts: Antal Fekete - Gold Basis

Some excerpts from The rise and fall of Gold Basis an article by Antal Fekete

The credibility of central bankers has in the meantime been reduced to a zero. They are the spinmasters of the “greatest fool” game. The greatest fool is the player who will hold the bag of worthless banknotes when the music stops.
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However, in God’s own dictionary a fine distinction is made between speculation and gambling. When man meets risks artificially created by other men (including the government), it is not speculation. It is gambling. It is akin to bets placed by the gambler on future events which may appear to be random but aren’t: they are rigged artificially by the casino owner for his own benefit.
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:) Falkor

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