Gold took it on the chin today. Stocks made new highs. It's obvious that people are buying into the Fed's game.
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Right now central banks have loaded their balance sheets with, for the most part, worthless debt and precious little real money. The manipulation is a play for time so they can somehow unload their worthless debt and accumulate gold. In short they want to print fiat paper and accumulate gold. Normally excessive printing would inflate the price of gold, but this time is different...combination of events has gold heading lower for the moment and that benefits the central banks and smart money that want to buy cheaper gold.comment:
Like the man said, people, you are being manipulated. Hard to resist higher stock prices. Hard to hold on to gold if the prices are falling. But that's what the manipulators are counting on.
The whole thing is political. It's to buy time so that Obammy can sink his claws into us forever.
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