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“Like A Blind Man In A Dark Room Looking For A Black Hat Which Isn’t There”
“Like a Blind Man in a Dark Room Looking for a Black Hat which isn’t there”
Originally published May, 2004
For many months now I have been spending many long, enjoyable and fruitful hours reading hundreds of excellent essays in the modern day equivalents of the public library. These websites, their owners and contributors are similar to Martin Luther nailing his 95 theses to the door of the Castle Church in Wittenberg which lead to the Reformation. There are also analogous to the pamphleters of the American Revolution.
Excellent and informative websites such as www.gata.org, www.gold-eagle.com, www.lemetropolecafe.com,www.lewrockwell.com, www.dailyreckoning.com, www.financialsense.com, www.321gold.com,www.prudentbear.com, www.depression2.tv, www.urbansurvival.com, www.fiendbear.com,www.truthout.org, www.silver-investor.com, www.zealllc.com, www.usagold.com, (zerohedge.com was not available at the time) and many others are the modern equivalent of Luther's scroll or the American pamphleteers.
I am not exaggerating when I say that they have in effect given me a free financial, economic and monetary education.
The musings of the many wonderful minds who preach to goldbugs, contrarians, real anarchists, real patriots, conservatives and republicans, moralists, real believers in genuine free markets, solution seekers and a combination of them all, have had a significant impact on my worldview and indeed the direction in which my life is going.

Read the full article here.
DAILY PRICES
Today’s gold prices: USD 1,149.35, EUR 1,021.33 and GBP 732.75 per ounce.
Yesterday's gold prices: USD 1,137.95, EUR 1,019.80 and GBP 7128,54 per ounce.
(LBMA AM)
Gold in USD - 1 Week
Yesterday, gold finished trading with a gain of 1.8% or $19.30, closing at $1,152.00/oz. Silver rose 1.5% or $0.22, closing at $15.48/oz.

Gold in EUR - 1 Week
China fanned worries that the world's second largest economy may be slowing sharply. This and concerns about the Fed’s inability to increase interest rates led to safe haven demand.
The dollar's is under pressure after comments by Federal Reserve officials this week suggesting they could not yet pin down a September rate rise given the weak global economy.
Asian and European stocks fell, following Wall Street, as fears took hold of a China-led deceleration in global growth. Activity in China's factory sector shrank at its fastest pace in almost 6-1/2 years in August as domestic and export demand collapsed, a private survey showed.
Falling property and stock markets are fanning economic uncertainty and there is a new debt crisis which is exposing cracks in the $430 billion loan guarantee industry - a financial pillar of the country's economic revival plan.
Geopolitical risk is also supporting gold as North Korean leader Kim Jong-un has ordered his frontline troops to be on a war footing, after an exchange of fire with the South across their heavily fortified border, state media report.
The KCNA report said Mr Kim declared a "semi-state of war" at an emergency meeting late Thursday. It threatened action unless Seoul ends its anti-Pyongyang border broadcasts.
Elsewhere, Prime Minister Alexis Tsipras resigned on Thursday, showing the fragility of the Greek financial situation.
BREAKING NEWS
Spot gold near five-week top as China worries spark safe-haven demand – Reuters
Asia Stocks Tumble as China PMI Hits Six-Year Low; Gold Climbs – Bloomberg
Gold prices up in Asia as China PMI flash survey shows dim picture – Investing.com
Top Metals Forecaster Says Fed Will Still Tighten, Hurt Gold – Bloomberg
Don’t be fooled by recent run-up in gold prices, say pros – MarketWatch
IMPORTANT COMMENTARY
Investors should plan for the worst – MoneyWeek
Interest rates must rise sooner rather than later, says Kristin Forbes – The Telegraph
Why Are So Many People Freaking Out About A Stock Market Crash In The Fall Of 2015? – InvestmentWatch
World shipping slump deepens as China retreats – The Telegraph
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THe blind man could easily find the black hat if he checked on top of Obama's head.
Normally don't waste my time with you GC. I know you are here to prostitute yourself... perhaps con one or two folks into believing you know something... and you are not the least embarrassed by all the absurdly wrong predictions you have made...
But I will have to hand it to you this time. Your headline is as apt a description of you as anything I could have come up with. My hat's off to you sir.
Suppression will continue until it doesn't. Anyone who is in this market is taking a huge risk, and precious metals are , IMO, a superior place to over winter assets.
But you sir are a snake oil salesman...
BORING - article had 3 gold charts. Just another yokel pumping gold. Goldbugs breed like cockroaches. Everybody that owns an ounce of gold starts to pump gold with one article after another.
i clicked on the black square and
nothing happened, now i get it.
the blind may seek like the sighted
might seek but they don't "look" for
anything, ya know. they may listen or
feel for "things" but......
anyway. ^tm
The hat is a lie.
To His list of Alt websites I might add,
Rense, Infowars, Strike-the-Root, Counterpunch, AntiWar.com, FromThe Wilderness,
RIP MIke Ruppert (FTW)
The unbelievable life and death of Michael C. Ruppert |If he is blind, lights and hat color are irrelevant.
Thanks for telling us something we couldn't figure out for our selves. Lets try it your way, LIKE A BLIND GUY LOOKING FOR A HAT IN A ROOM. Meh, I like it better with a little poetic license.
Poetic license, eh?
How about a black bear eating licorice in a cave at midnight?
Is he blind...?
Have read all these guys at one time or another. All have assumptions which are not resolved.
I prefer Fofoa. His work clearly defines the topic and examines both sides of any argument without prejudice.
If you are reading for confimation bias these guys are great.
If you are asking serious questions like...what the hell just happened (again)...and ...how do I protect wealth in this insane system?...Fofoa just does a better job.
Like a pond in a flood. Beauty's in the eye of the holder.
In other news, gold bloggers feeling a tingle off a slight bounce,
Here's another $20, one more song, baby?
Nothing new here
Neither ambient light, nor color of the hat matter to a blind man.
Broken clock
Gold is a pet rock. Bloomberg told me so.
Marathon man...meaning you are long phyzz?
Great picture of Dr. Ron. I'm not American and I have little or no respect for Amercian politicians...except for Dr. Ron. He is a true statesman, a patriot and deserving of respect globally due to his efforts to set America on a path that is true to it's principles rather than the corrupt junta that pull the strings today.
Americans have no respect for poliiticians either. The last one that
tried to fix the finances was shot in the head, the rest just lie.