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Gold/Mining/Energy : Gold Price Monitor
GDXJ 117.61+3.0%Dec 19 4:00 PM EST

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To: Rarebird who wrote (108664)4/20/2018 10:49:31 AM
From: Real Man  Read Replies (2) of 116816
 
The greatest enemy of gold is price rigging on derivative exchanges and the lack of prosecution for it. Communism. Same goes for SP500. The racketeers are above the law, and will be bailed out again and again should they get into trouble (not because of gold per se). No jobs is a result of fucked up economy that favors and bails out the credit bubble sectors at the expense of other sectors. Thus, the bubble sectors add jobs, all other sectors lose them permanently. It results in America not being able to compete with overseas products.
It will come to bite the country in the ass, via currency devaluation. See, bubbles need foreign dollars, these tend to outflow rapidly after they burst.
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