VANCOUVER ( Silver Gold Bull) -- Regular readers know that I have very little tolerance for bankers talking out of both sides of their mouths. So when I saw yet another piece of blatant banker double-talk from Deutsche Bank (DB), I wasn't about to let it pass without comment.
When a bar waters down its booze, the value of the liquor declines. When a lemonade stand waters down its lemonade, the lemonade is worth less. When a company prints shares (i.e. "dilutes" its share structure), the value of the shares decreases. When we "dilute" our gold from more-pure 24 karat gold to less-pure 10 karat gold, the gold is worth less.
Indeed, in our entire realm of human commerce we are currently told that there is only one good that does not become worth less as it is diluted: the paper currencies of Western bankers. As a tautology of logic, the only good that does not automatically decline in value when it is diluted is a good that was already worthless before the dilution commenced.Hence, when some
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