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Paranoia, self destroyer

Bridging on Carl Milsted's blog on Liberty Dollars, the bust of the Liberty Dollar operation reminds me of the old Kinks tune, Destroyer.

No Gold Bug here, in part because I am offput by Gold Bugger's tendency to spin out paranoid-sounding scenarios of the imminent collapse of the Western World. Thing is: They're been sounding this call since at least 1980. That Boy's cried Wolf just a bit too long for my tastes.

Still, the timing of the Liberty Dollar bust does seem awfully suspicious. The greenback is plunging. Sub prime slime is spreading. Wall Street's acting out at its most bi-polar.

So, the Feds swoop in now? Hmm, call me paranoid, but this "coincidence" feels awfully fishy to me.

-Robert Capozzi

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