Friday, April 19, 2013

Something Sinister Behind the Recent Drop in the Gold Price

By David Levenstein, Kitco Commentary

I sincerely believe that these financial leaders are trying to scare the individual investor out of bullion. It is an act of desperation. The central bankers are so deep in debt the only way out will be to default or debase their currencies. And, as the US dollar is still the world’s reserve currency, the Fed is trying to convince everyone that the dollar is the only the only safe haven, not gold. As the Fed continues to print huge quantities of money, other countries are abandoning the use of the dollar as international payment as their game of deception will not fool everyone.[ emphasis added]

Comment:

The article confirms my opinion that it is snowing in hell right now.

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