Loading ...TPTB can’t let Gold prices get too low, or too high, both would suggest deflation or inflation. If, if, they have been supporting Gold, the natural price would be lower. It might have been costing them a fortune to support the $1200 price, and that would explain the many small $2-$4/oz movements we’ve been looking at for so long.
Nothing is well with the global economy that crashed in 2008 anyway. It may have been natural market forces driving gold lower and they may have been forced to support it. Like they do with real estate and auto sales. A friend of mine hangs out in a coin store and it sounds like a lot of poor people that inherited silver coins etc turn it in cheap, and don’t care how much they get for it. It’s found money for them.
If everything is in reverse, in the future, it might include a restoration of the value of the original US Dollar, but NOT, NOT the restoration of the Fed Note Dollar. Think about why TPTB since 1986, has “$50” stamped on a Gold Eagle coin. For the future? Fed notes could very well crash in value since they are like the stock certificates of the USA “corporation”. The past is slowly unwinding.