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https://www.bloomberg.com/news/articles/2020-03-25/gold-coin-prem...

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mulewagon

200 Posts.

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28/03/20

04:58

Post #: 43744973
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Originally posted by eshmun: ↑

There is a lot to digest in this latest offering by Pam and Russ Martins. It sounds like the Exchange Stabilization Fund (ESF) which was created by the Gold Reserve Act of 1934 is being used to protect the dollar. And that's just a sideshow to the main thesis of the piece which is saying the bail out fund just announced is actually $4 trillion not $2 trillion. If you are following the stock indexes or charts to figure out where we are going in this everything bubble collapse you are looking in the wrong place. At this stage of the game any money you print will need to be followed up with more money. If I had to bet on where we are at, I'd bet we are past the tipping point. If you see a $US dollar collapse and the gold price spiking hard, sell all your gold and gold stocks as gold will be made illegal in the US.Esh

https://wallstreetonparade.com/2020...-treasurys-slush-fund-is-actually-4-trillion/

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https://www.bloomberg.com/news/articles/2020-03-25/gold-coin-premiums-have-never-traded-this-high-for-this-long?srnd=markets-vp
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0 Great analysis

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