Lemmings only function in the stock market is to serve as Cannon Fodder

A genius can’t be forced; nor can you make an ape an alderman.
Thomas Somerville
From the Tulip bubble to the financial meltdown of 2008, the theme has been the same. The masses never learn, they always cry foul on the way down but gurgle with joy on the way up. In other words, when they are making money, they are okay with the risk, but when they start to lose, they scream bloody murder.
Nature created the masses to serve as cannon fodder, and no matter what is done, nothing will change this. History is replete with examples of individuals who tried to help the masses; their only reward, in general, was the gallows or the bullet, depending on the era. It comes down to perception; you cannot force someone to latch on to yours and vice versa. This is why the Fed spends such an inordinate amount of time to alter the masses perception, and it was done gradually over a period of many decades. Try talking to a regular person about the dangers of Fiat and how the Fed is ruling the world; most will roll their eyes at you and treat you like are a madman. Sadly, the Gold Bugs do not understand this concept; there is no such thing as absolute truth because any truth or lie is based on the angle of observance and depending on the angle, thetruth could appear to be a lie to another. The top players have done a fantastic Job of conning the masses, and it will take an impressive amount of pain and misery to change their outlook. Thus without a doubt, we can state that today’s mountain of debt which appears insane might one day seem to be sane in comparison ten years from today.

This post was published at GoldSeek on 22 September 2016.