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Gold/Mining/Energy : Gold Price Monitor
GDXJ 118.97-0.9%Dec 24 4:00 PM EST

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To: Rarebird who wrote (108368)3/27/2018 11:59:40 AM
From: Real Man  Read Replies (1) of 116822
 
No. Banksters don’t differentiate between gold and TIPs. Gold is TIPs with zero yield. Fed raises Tips are a better bargain. Banksters don’t give a shit about gold. They don’t want gold standard because under it Fed can’t bail them out because it can’t create money out of thin air. They manage all derivatives faithfully according to faulty models they have. They set up a racket when the faulty models fail. I have a big problem with that racket. We should not negotiate with financial terrorists. The analogue would be paying off 911 terrorists and sending them home to Middle East first class. They weren’t alive anyhow.

For sure financial terrorists needed long jail terms, not bailouts. If we attempt to pull off a 2009-2010 again when the next derivative crisis comes, the White House could be torched. I think so anyhow.
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