Loading ...I’ve been thinking for a long time that it feels like the Fed Note has been quietly re-backed with AU and AG at $1300 and $20. I would not be surprised if China et al are being allowed to redeem trade surplus dollars for Gold and Silver at these prices.
I also suspect TPTB FORCED Gold and Silver to hit $1900 and $48 to FORCE people into selling some, force producers into over producing more, with the INTENSION of acquiring supply, and giving it to trading partners at lower fixed prices. To maintain the status quo.
You might think…Why would TPTB buy Gold at $1900 and redeem it later on after the pouncing, for $1300? Because they can create all the artificial paper and digit dollars they want to take or get gold.
Think about all the bailouts. It had to be artificially created money.