Auguries—Endgame
June 14, 2012
By Kevin Michael Grace
Gold was up (at press time) $28.30 (+1.8%) for the week to $1,619.60, and silver was down $0.13 (-0.3%) to $28.41. According to Goldcore, “Gold appears to be consolidating after hitting its fourth session of gains, when weak US economic data, in the form of poor retail sales, led to renewed QE chatter. [It] is likely also being supported by real concern about the outcome of Greece’s elections on Sunday.”
Ah, quantitative easing, the Walter White-grade intoxicant demanded by globalists worldwide. Reuters reports June 13, “Many more years of money printing from the world’s big four central banks now looks destined to add to the $6 trillion already created since 2008… As rich economies sink deeper into a slough of debt after yet another wave of Euro financial and banking stress and U.S. hiring hesitancy, everyone is looking back to the US Federal Reserve, European Central Bank, Bank of England and Bank of Japan to stabilize the situation once more.”
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