In other words, all the noise is about how much inflation was falling each month nearly a year ago while it is not falling at all right now and would have even risen if energy hadn’t experienced a sudden drop!
Haggith states: "Gold is going to have its day in the sun to gleam." While hard to pinpoint, he suggests about a year and half before we see a stock market bottom.
Rubino states that debt has really gone parabolic, we're in the blowout stage of a global financial supercycle, and that a recession next year may see gold and silver take off.
The price of money is simply the rate of interest. The prevailing interest rate reflects the supply and demand for money. When people save more, interest rates go down
Why a central bank needs the BIS to undertake gold swaps isn't clear, but the swaps are likely connected with short-term trading needs, which could include suppressing the gold price.
Murphy says the central banks are buying gold because they know what's coming. Murphy explains how JPMorgan's market manipulation keeps the silver price depressed.
