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Your comment lol that they will revalue gold at those prices. The dollar is no longer backed by gold so there is no helping the dollar either way. There is no reason to revalue it. Gold is running rouge now on its own due to as Armstrong would say lack of confidence. If they work on deflation they will bring the dollar up and that’s why they’re hesitating. Inflation numbers were low so they had no motivation to raise rates. Deflation appears to be working by itself. Plus they probably don’t want to give Trump more ammo than he already has before debates and the election. Inflation may cause deflation but deflation also causes infkation at some point. People start getting greedy. Inflation from 1913 to now has risen some 2330 something percent but if the dollar was backed by gold  at these numbers gold would be priced at about 855. So now that gold is no longer pegged to the dollar it has gone  rouge and can run higher than actual inflation numbers.

What I meant was if the dollar crashes on the foreign exchange markets, on the COMEX, against OTHER currencies. Naturally, if all the people of the WORLD, lose confidence in fiat money, and ALL the currencies crash and burn, then yes, hyperinflation.

However, since 1913 the US Dollar lost 98% of its value. All massive inflations eventually end in deflation. (Remember 1929?) From 1934 to 2008, the USA went through a massive slow motion inflation, and is now trying to go into that deflation.

Deflation is also good for Gold, because it shows incompetence in TPTBs abilities to run the economy. In 1962 a slice of pizza and a small Coke was a quarter.

Its actually the second eye-wall of a financial “storm” with a 100 year diameter that started coming up the coast after 1971, and made “land fall” in the summer of 2008.

The bailouts and low rates has us in the 7 year diameter of the “eye” of the storm and the second eyewall is will hit. After that blast? 40-50 good years for the USA.

Re part:
“If policymakers fail to mitigate the negative impacts of unchecked global market forces, then a turn to protectionism could trigger a vicious downward spiral for everyone,” it said.

Comment: The above sentence is wishful thinking. That spiral already started. “It” is the mass media, 4th branch of the gov’t. Which is also on the chopping block.

Re Trump

I made it up….and I agree that there is little chance that Fort Knox still has any Gold…however that news will send Gold bonkers one day.

Where did you hear that? Because its a little backwards. If Trump gets elected, and lowers taxes, and increases spending, the US Debt will climb, hit a “tipping point” and THEN the dollar will crash, and revalue Gold to $35,000 and wipe out the US Debt. If we still have that Gold in Fort Knox.

If the dollar crashes nicely? Like that? A Toyota or Honda, will cost $300,000, and finally nobody will buy them.

DATA: Sept. 22, 2016 @ 10:21 A.M. EDT – Washington, D.C.

The following brief interpretation is for the Autumn Equinox chart for Washington, D.C. for 2016 depicting situations to be faced by the population of the USA during the course of the next few months.

SCORPIO Rises, indicating the general state of the nation, co-ruler Mars in Sagittarius in the 2^nd house of the country’s wealth; co-ruler retrograde Pluto in the 3^rd house of the country’s communications systems and transportation.  The Sun has recently passed an exact square aspect with Mars, an indication of building difficulties regarding the financial state of the nation and its purchasing power.  Retrograde Pluto applies to a trine of 10^th house Mercury…I read this as easy manipulation (Pluto) of the stock market (Mercury) done by those of the political party in power in an attempt to achieve their ends.  Beware as Pluto rules political propaganda, which will be used against the desires of the public.

The Sun in Libra, ruler of the Leo 10^th house (government) occupies the 11^th house (legislative branches) making but one aspect, a conjunction to Jupiter.  This transit has a potential negative side and indicates that those on high will go after what they want with a vengeance and with complete optimism that they will get it.   These are arrogant people whose drive may lead them to act in excess…to take on projects that are beyond their ability to handle.

The North/South Nodes @ 11* Virgo 33’ and 11* Pisces 33’, respectively, are square Saturn in the 2^nd house of the nation’s wealth in Sagittarius.  A fated financial event is on the horizon that will involve the restructuring (Saturn) of our financial system.  While everyone in the nation not in the infamous 1% will be affected negatively, those who have invested their currency in tangible items will fare much better.

What shock has October got in store for us???

Trump says if elected he will revalue Gold to $ 35,000 and wipe out the US Debt !!!!!!!

Well… it IS silver! The ‘Galloping Goose’ runs the high Rockies of Cumbres Pass.
http://www.railpictures.net/photo/589956/

Re next wave started, lower dollar higher gold. The first wave started with Mario Draghi on Dec 3rd.

Last night, it was Japan that announced something, and I think it started the next wave up for gold and silver. Lets see what happens today after Janet Yellin speaks.

Fed Chickens Out: 3 Presidents Dissent As Fed “Decides To Wait For Further Evidence” Of Strengthening Before Hiking

http://www.zerohedge.com/news/2016-09-21/3-presidents-dissent-fed-chickens-out-time-being-holds-rates-unchanged

Question is can the Fed march out some Fed goon to talk PMs down again as they did after last Fed meeting?  A pox on all the Fed goons.

Re “I called the Wells Fargo ethics line and was fired”

Comment:
Nobody goes to jail, nobody gets in trouble, they plead the fifth amendment or simply stonewall the answer. Ya know why? Do I really have to explain this?? It’s very simple..

They all report to unknown anonymous higher authorities, and are told what to do, and what to say. They, like a soldier, are just following orders, doing as told, so the higher authorities make sure their “soldiers” are protected and not jailed.

Note: re link for CNN Money:
You will NEVER EVER see my thoughts or views on establishment Media. Only here on the Gold Tent.

I called the Wells Fargo ethics line and was fired

Millions of phony accounts. Fake bank card PIN numbers. Fictitious email accounts.

Wells Fargo admitted to firing 5,300 employees for engaging in these shocking tactics. The bank earlier this month paid $185 million in penalties and has since apologized.

Now CNNMoney is hearing from former Wells Fargo (WFC) workers around the country who tried to put a stop to these illegal tactics. Almost half a dozen workers who spoke with us say they paid dearly for trying to do the right thing: they were fired.

http://money.cnn.com/2016/09/21/investing/wells-fargo-fired-workers-retaliation-fake-accounts/index.html

Somebody leaking a hike?

I’v heard of “get the LEAD out”  ,,butt “get the Gold out  ”   thats a new twist !

The lesson behind this is don’t do illegal stuff, and if you do chose to walk that path- mix it up, keep it fresh, be alert and don’t get lazy. laugh

If that message can be spread around the world, and the good honest people of the world will stand up and speak out against the corruption and control of  the dark forces that have enslaved humanity, we may be able to begin to repair the damage and destruction created by these corrupt oligarchs who’s aim is to destroy all life on this beautiful planet. For the first time in years I can envision a glimmer of hope for the future generations of all living things through that inspirational video. If we can make America great again it is the first step in making the WORLD great, where the lion can lay down by the lamb!!

SÃO PAULO — The judge overseeing the investigation into the colossal scandal around Brazil’s national oil company accepted corruption charges on Tuesday against the nation’s former president, Luiz Inácio Lula da Silva, setting the stage for a trial of one of Latin America’s most influential political figures.

The decision, by Judge Sérgio Moro in Curitiba, adds to the problems of Mr. da Silva, 70, who was president from 2003 to 2010. Plagued by scandals, his leftist Workers’ Party lost the presidency in August when the Senate impeached Mr. da Silva’s handpicked successor, Dilma Rousseff, in a power struggle that has consumed the political establishment.

cont. http://www.nytimes.com/2016/09/21/world/americas/luiz-inacio-lula-da-silva-brazil-corruption-trial.html?&_r=0

MSM Treats Gold like “Asset for Deplorables”

Article to be found at Kitco.com. Sorry, having puter problems and cannot paste the link. Grrrr!

Thanks for the Wake up music this morning. Great choice !!

The war on cash is still good for gold

The war on cash is still good for gold

Good thing that mint employee wasn’t trying to smuggle silver!

In a decision that came dramatically late, hitting shortly after midnight east coast time, the Bank of Japan finally unveiled its much anticipated QE revision which it called “QQE with Yield Curve Control”, and which when stripped of all the rhetoric was basically the Reverse Operation Twist we previewed two weeks ago: an attempt to steepen the yield curve without lowering rates further, and without purchasing more securities; in fact the BOJ did largely nothing which is why as the chart below show, the USDJPY is now precisely where it was before the BOJ announcement.

cont. http://www.zerohedge.com/news/2016-09-21/disappointing-and-underwhelming-unhappy-wall-street-reacts-bojs-latest-announcement

https://www.youtube.com/watch?v=lDUwXFvTJfA&feature=youtu.be