- Eric Sprott via King World News:
Tuesday, July 16, 2013
They've Lost Control
"They've lost control of the market in my mind, and that’s why they are so desperately trying to get us all to forget the word ‘taper.’ In fact, we probably won’t even hear the word ‘taper’ any more because it has such a sickening reaction to people in the bond market, and perhaps even people in the stock market. They will probably do away with the word. But the system is totally out of control. And then weave got this quadrillion dollars of derivatives. It just blows blows my mind to think about what could really be going on behind the scenes."
at 6:56:00 PM