gold, page-45554

  1. 44,246 Posts.
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    Surely banksters can only control the gold price while they are in control of the game?

    As soon as they are preoccupied by a major crisis, and unable to pull the levers they are currently controlling, they lose control.

    My belief is that the eventual huge rise in the gold price after the GFC reflected a dramatic drop in confidence in The Fed (and other central banks). Gold was a hedge against any failure on their part to get the train back on the tracks.
    Once The Fed was able to convince enough people that they had control of the levers of the financial system, the gold price dropped.

    Another crisis in the US will be close to a knock-out blow for fundamental faith and trust in the ability of The Fed to control the great game that is the financial system. At that point, gold will be resurgent.
 
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