Posts tagged 'Gold'

Shadow of Truth returns to the airwaves with the latest updates on Amazon purchasing Whole Foods and how this will affect Amazon stocks.

Predictably, after the gold price has been pushed down in the paper market by the western Central Banks – primarily the Federal Reserve – negative propaganda to outright fake news proliferates.

The big news this week comes from the Fed, which announced two things.

GATA reported yesterday, and we picked up the story, about a golden rooster being confiscated by the Treasury in 1960. The rooster weighed in at a hefty 14 pounds of solid gold – that’s a lot of gold. The rooster is gone forever into the clutches of IRS thugs and is probably on display in one of the fed heads' trophy cases.

Is the CIA involved with the world gold market? The short answer is yes.

Yes, traumatic market events (falling rocks) occur, even though markets are “managed,” statistics are manipulated, and politicians pretend to care about something besides their next election.

As most in the gold community know, the UK Chancellor of the Exchequer Gordon Brown announced on 7 May, 1999 that HM Treasury planned to sell gold. The dollar began to rise, from about 110mg gold to 120mg on 6 July, the day of the first sale. This translates into dollarish as: gold went down, from $282 to $258. It makes sense, as the UK was selling a lot of gold... or does it?

Jayant Bhandari, the host of the highly acclaimed Capitalism & Morality, sits down with Maurice Jackson of Proven & Probable to discuss Gold, Emerging Markets, Geopolitics, and Arbitrage.

The jobs report was disappointing. The prices of gold, and even more so silver, took off. In three hours, they gained $18 and 39 cents. Before we try to read into the connection, it is worth pausing to consider how another market responded.

Cryptocurrency might be only a temporary refuge from fiat money creation. This would leave gold and silver, whose supply can only gradually be increased via mining, as the only refuge from wealth-destroying fiat money creation.