If they continue along this path, huge amounts of capital will be misallocated or destroyed. Trillions of dollars will be wasted by governments for political reasons.
Moriarty notes gold's $75 price drop is due to a misunderstanding; China hasn't stopped buying but can't source more traditionally, still controlling prices and offering opportunities.
Gold swaps by the BIS, the central bank of central banks, rose by 31 tonnes in May, a 40% increase over the 78 tonnes reported in April, reaching a total of 109 tonnes.
Executive Director Cortez: "The Sound Money Defense League, celebrating its 10th anniversary in 2024, is a national nonpartisan group focusing on remonetizing gold and silver as money."
The victim made three payments to Stryker before realizing the scam. For the fourth, the FBI and local law enforcement set up a sting and arrested Ganesan when he went to pick up $86,000.
