by Dr. Jeffrey Lewis, Silver-coin-investor:
In 1863, the Rothschild brothers of London wrote to associates in New York introducing their banking method into America that:
“The few who understand the system will either be so interested in its profits or be so dependent upon its favours that there will be no opposition from that class, while on the other hand, the great body of people, mentally incapable of comprehending the tremendous advantage that capital derives from the system, will bear its burdens without complaint, and perhaps without even suspecting that the system is inimical to their interests.”
Sentiment at the Dawn of the Rally
Based on internal measures of sentiment, the financial damage to the superficial retail investor
— who is typically blind or firmly in denial about the proverbial inflationary writing on the wall
— has already been done.
