Loading ...You may be 100% right on all that, since I don’t play or pay attention to what goes on with derivatives contracts. I keep hearing, and seeing that the Banker Bozos running things are afraid of a deflation setting in. Like the Bubbles popping that you mentioned, would be deflationary. This is why rates are kept so low.
So. It may be in THEIR better interests to keep gold higher. Falling Gold prices (on top of falling oil nat gas etc) would confirm a deflation situation. They may be willing to accept a gold bubble if their “everything bubble” (stocks bonds real estate) continues with Gold.
The “deflation bubble” is the lagging inflation of general wages of the tax PAYING public. The tax absorbing wages seem to over ride inflation. You can add Road building corporations, defense contractors, Medical establishment, and MANY Environmental law beneficiaries, even Auto mechanics, and auto part retailors benefitting with check engine lights slopping at the dwindling public trough.
Trough: A long, narrow open container for animals to eat or drink out of.
And Cheers to you to. 🙂