Dino's Bar & Grill Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Dino's Bar & Grill

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Goose94 who wrote (86452)	6/8/2020 12:02:03 PM
From: Goose94	Read Replies (1) of 203905

Gold: James Turk of GoldMoney notes today in commentary at King World News that the price of gold was pushed down to $1,680 just prior to the April and June meetings of the Federal Reserve's Open Market Committee, and he thinks this is no coincidence. Turk writes: "A rising gold price is a warning signal that inflation or other monetary debasements are eroding the purchasing power of fiat currency. Gold reacts quickly when monetary problems begin developing. So central bankers want to keep the gold price capped, thereby freeing them to print fiat currency without immediate consequences being noticed. ... "So it looks to me that taking the gold price down a second time to $1,680 was done on purpose. It gives a green light to the Federal Open Market Committee that they can keep printing." Turk also makes several suggestions to gold investors for defeating this market rigging. His remarks are headlined "What Just Happened in the Gold Market is No Accident" and it's posted at KWN here: kingworldnews.com Chris Powell, Secretary/Treasurer Gold Anti-Trust Action Committee Inc. CPowell@GATA.org

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next