GOLD 0.51% $1,391.7 gold futures

But as we are witnessing this has no positive affect on the...

  1. 24,765 Posts.
    But as we are witnessing this has no positive affect on the price of gold, just as quantitative easing (printing money) by the USA has no positive affect on the price of gold in today's rigged, corrupt markets.

    After all, how could Madoff get away with a US$50 billion ponzi scheme for years if regulators were efficiently doing their job?

    Didn't Bill Murphy point out today that after the USA announced quantitative easing last week there was a massive scramble by the bullion banks to obtain leased gold to help with the suppression of the price, including leasing gold from ETFs which if true are obviously in my opinion operating against the interest sof their investors and are involved in the suppression of the gold price.

 
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