The Fed recently appears to have lost control of the gold price as international demand for physical bullion may be exceeding the Fed's ability to manipulate the price down on the COMEX.
The Fed recently appears to have lost control of the gold price as international demand for physical bullion may be exceeding the Fed's ability to manipulate the price down on the COMEX.
And yet many professional market commentators/analysts profess to being puzzled by the lack of volume in the COMEX gold contract together with the recent decline in Open Interest as the price rose strongly into new high ground.
Is that right? I don't pay attention to any MSM drivel, but it makes sense they'd be stringing along the idiot WSJ readers. In 2006 fed shill Greenspan was telling the plebs to buy real estate as soon as possible because prices would only continue to go up, and not only that, but to get adjustable rate mortgages while the banksters were shorting MBS all day long. A couple years later that worked out very well for them. Who could've known?
The Fed recently appears to have lost control of the gold price as international demand for physical bullion may be exceeding the Fed's ability to manipulate the price down on the COMEX.
Whatever bullion is in the market is being bought up as a lot of people know fiat is about to collapse, so it makes sense the price is spiking.
And yet many professional market commentators/analysts profess to being puzzled by the lack of volume in the COMEX gold contract together with the recent decline in Open Interest as the price rose strongly into new high ground.
Is that right? I don't pay attention to any MSM drivel, but it makes sense they'd be stringing along the idiot WSJ readers. In 2006 fed shill Greenspan was telling the plebs to buy real estate as soon as possible because prices would only continue to go up, and not only that, but to get adjustable rate mortgages while the banksters were shorting MBS all day long. A couple years later that worked out very well for them. Who could've known?