Your secretary/treasurer, interviewed a few days ago, discussed gold market manipulation by investment house traders and governments, the likelihood that governments will revalue gold..
If all of the above-ground gold were stacked beside each other, the resulting cube would only measure 22 meters on each side, which is a testament to the metal’s rarity.
What you need to know is that this week's settlement is just another in the long line of criminal and civil actions taken against the bullion banks and their traders over the past few years.
The Fed’s Treasury bond purchases enable the federal government to run up the debt without increasing taxes or paying punishingly high interest on the debt.
Inflation. It is on the tip of everyone’s tongue these days. Even hyperinflation although the use of the word hyperinflation is more like hyperventilation.
Sure, there's plenty of 'wealth' tied up in stocks, bonds and real estate. But valuations are so pumped with hot air that we might as well write off three-quarters of it..
