Yeah interesting take from Shelton. She is obviously an establishment academic. Funny how she didn't mention that the US government defaulted on its previous gold backed Bond obligation when Roosevelt outlawed gold in 1933 then raised the price from $20.67 to $35. Gold backed Bond holders were paid $20.67
The only way I can see these pieces of garbage issuing gold backed Bonds is if they can't sell their usual rubbish. And if they do issue a gold backed Bond it will default and in between they will no doubt steal peoples gold again.
In regards to TIPS Shelton is talking Establishment gibberish again as everybody knows that the government lies through its ass in regards to real inflation, particularly because many wages are tied to the CPI so anybody who thinks they are protected from monetary devaluation by buying TIPS will be in for a rude shock
In regards to deflation, it has been a constant state of affairs as economies grow and shrink along with new inventions and technology bringing down prices. The problem in the Bankster run fractionalised and financialised debt ridden garbage system we are forced to endure, deflation is the enemy.
A 1 minute with gold fluctuating around its finish line along with its upward sloping daily trendline.
Another night of interest awaits
Daily on the game as we wait for action.
A 5 minute on silver as it does the same thing with its down sloping trendline.
Daily on silver
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