Share Price, page-417

The overnight fall in the price of gold was obviously orchestrated by the Fed. The price of gold is essentially a measure of confidence in the financial system, and the $US in particular, and with sky-high deficits, a ponzi-like stock market, and surging inflation (the Fed's official CPI figure is adjusted to the point of being almost meaningless), confidence is the $US is low. There's also very little appetite for long-term US treasuries at the moment, hence the rapidly rising rates. It seems the only card the US has left to play to prevent foreign investment leaving its shores (which would lead to further devaluing of the $US) is trying to reverse engineer confidence in their dollar by making the alternatives worse. The old "cleanest shirt in the dirty laundry" approach, which is SOP for the self-proclaimed "exceptional nation" . I think the US will be in a very bad position by the end of 2022. Hopefully they won't start another war before the collapse.