Thursday, April 2, 2015

Gold Prices Distorted

How to Profit When Reality Hits the Gold Market | Kitco Commentary



comment:



I suspect that gold prices are low because our policy makers want it to be low for political reasons.  In other words, if the price was where it was supposed to be based upon its fundamentals, there would be a sense that something is really wrong.  But since prices are low, politicians can point to the price and say: "what's the big deal, gold prices are low!"  Also, the stock market is high!  Unemployment is low!  Things are great!!!



Don't be fooled.  The numbers are being manipulated.  Things are not so hot.




No comments: