From Jim Sinclair at jsmineset.com this morning, regarding what gold means at the margins for people sick and tired of the arrogance of central planning:
“The recent absolutely transparent take down in the gold market by virtual paper financial gold operators will go down in their history as their swan song as it brought massive attention to, and caused the transformation between virtual paper financial gold and real savings medium gold demonstrated in a free market of premiums on physical. The free market for the premiums on physical gold is the golden bridge to free gold, breaking the ties that bind to the evil of debtor central banks.
As this trend grows amongst those that now see no in the system retirement account or in the system bank balance safe from the central planner’s application of “bail in,” gold’s real nature will emerge. Gold is a symbol and mechanism of physical and spiritual freedom. It is only natural that its evolution is towards free gold.”