With one of the most highly anticipated and high-stakes presidential elections just days away, precious metals investors are eager to understand what it could mean for their portfolios.
But isn't the reality that, as GATA have been telling us since the 1990s, the precious metals' "markets" are fake and rigged by the bullion banks (using paper "metal" and computerized trading) for their own nefarious purposes and those of The Fed? Perhaps what matters more than the theater of American politics is the extent to which the Fed's control of the "markets" is, or is not, breaking down as the paper "markets" become overwhelmed by physical demand driven by BRICS and the SCO's de-dollarization drive?
And does The World Gold Council (and its fake SPDR ETF) still actually have any credibility?!
I firmly believe that gold and silver are manipulated, but that the manipulation can only slow down their ascent rather than stop it altogether. After all, gold and silver are both up over 50% this year alone.
And I expect it to become much harder to keep precious metals suppressed as debt, money supply, inflation, etc. all rise. We're approaching a tipping point, I believe.
Jesse, keep after it. Your charts, insights, and commentary are the best on the Internet.
Thank you so much, Wade! I'm just getting started :)
But isn't the reality that, as GATA have been telling us since the 1990s, the precious metals' "markets" are fake and rigged by the bullion banks (using paper "metal" and computerized trading) for their own nefarious purposes and those of The Fed? Perhaps what matters more than the theater of American politics is the extent to which the Fed's control of the "markets" is, or is not, breaking down as the paper "markets" become overwhelmed by physical demand driven by BRICS and the SCO's de-dollarization drive?
And does The World Gold Council (and its fake SPDR ETF) still actually have any credibility?!
Isn't it all a giant Truman-Show charade?
I firmly believe that gold and silver are manipulated, but that the manipulation can only slow down their ascent rather than stop it altogether. After all, gold and silver are both up over 50% this year alone.
And I expect it to become much harder to keep precious metals suppressed as debt, money supply, inflation, etc. all rise. We're approaching a tipping point, I believe.
I don't disagree at all. I just don't think that politics is much of a factor :)
And that was basically the conclusion of my report.
🙌🏻