Unfortunately, central banks have become the credit card of the kids (politicians) who put the responsabilities of disaster to the voters. As long as politicians are not accountable for their actions, they will not grow up (see the debate Trump Bidden).
As long as central bankcan print oaper gold, there is no insurance that they arenot printing more paper than the gold they have ( see the diif.of Germany to reappatriate a part of their solid gold.
This week was a perfect view of manipulation by central banks feeling, like this article, that hyperinflation is inevitable. So sharp discouragement of buyers, inflate zombie companies like Tulipe Musk with a horde of hypernationflagspeculator of irrealistic economic view. Tesla is not the only car but it is the "tulip" of our time.
Government with higher rate will bankrupt in no time. It is not an option for them. Hyperinflation is the only outcome with a collapse of the politics as we know today. Cash, like physical gold will be banned first as gov. cannot see who has what snd what they do with it. We enter totalitarian governments lead by corporates. The value of individual is reduce to numbers. No more, no less.
Lets go back to small villages nearly in autarcy where everybody help each other. This will survive.
A collapse of the capitalism structure based on credit for everything will affect assets and currencies. Does the fed have a margin before the collapse of dollars?
No, except selling gold which will have, like we can see, a fundamental to go up.
The last drop of gold was may be the first mark of high move from fed for not letting gold reflecting the distrust in the system.
May be there is a little potential up for gold miners but the risk now is too high. I would not recommand any gold miner unless you go with the ones who has the mines only in canada. We can head very soon, if a collapse of some currency, that government around the world will seized the mining company. And they will as ban having physical gold. The consequences of nationalism, closing border, collapse of the WTO, this is the path of having physical gold only and being very, very careful with gold miners.
Good article and fully agreed. BUT, there is a "but"....as I wrote once in a comment, central banks have the power to print papergold back by???? Gold and silver are the barometer of faith (in an opposite way) in a political/financial or in a whole society and central bank know that as well.
The higher gold is, less faith in gov.
So, only physical gold/silver.
And if you have any data about papergold central bank has issued and how many papergold versus physical situation we are, this can give a complete view of the fiat capitalism we are living in and will see it's collapse like the communism in USSR.
I agree. I missunderstand you if you mean the price of gold reflect the failure of the fed, which i think will be bigger as the politician took over it. Not only in the US.
a piece of land and some chicken...probably if you are on the right spot and nobody comes grabing your stuff. Just have a look in Zimbabwe and the quantities of holes digged by everybody in order to find little bit of gold for buying bread. It is not WW1 but an economic collapse due to printing...follow the dots.
When I said, I have been told rich people are loading gold, make reference to a personal insider in a swiss bank and what they have now in their vault from private clients....and it is just a small private bank.
I have seen by myself in the 70ths the vault of the reserve in a major bank where it was a huge place with 12.5 kg bars, (all with the russian logo!!!).
If you can provide the reader with the external audit of physical gold detained by the fed and the total amount of paper gold they have issued, would be, in that case, very informative.
...they must also recognize that no institution has done more to pave the road to higher gold prices than the Federal Reserve....
Are you serious? Taking the Hunt brothers who really was market maker till a collapse, is one thing.
I am sorry but you article does not go deep in the subject but just a position of "fed defend gold like other assets" is just non sense. Yes, FED balance sheet has increased with whatever bond, TB, equities, BMS etc..
May be it has increase in paper gold issue by them (FED) and sold on the market.
Sorry but you look like propaganda....and you want the others looks like conspirationists. Bring me the total of paper gold issue by the fed and the real inventory of gold they have in their vault since dollar is not anymore valued with gold.?
When gold is going higher you give credit to FED. Come on. I have been reported that rich people are loading physical gold because they know dollar is going to the wall. And you know that. You can treat gold as relic of the old age,but this is a relic that still exist through war, revolution, bankruptcies, crises....you name the others.
A relic that survives is not a relic. It is an asset.
Thanks in advance for a more deep investigation on what you write, specially when it looks like fed is behind the soaring price of gold.
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Global Inflation Watch
Unfortunately, central banks have become the credit card of the kids (politicians) who put the responsabilities of disaster to the voters. As long as politicians are not accountable for their actions, they will not grow up (see the debate Trump Bidden).
As long as central bankcan print oaper gold, there is no insurance that they arenot printing more paper than the gold they have ( see the diif.of Germany to reappatriate a part of their solid gold.
This week was a perfect view of manipulation by central banks feeling, like this article, that hyperinflation is inevitable. So sharp discouragement of buyers, inflate zombie companies like Tulipe Musk with a horde of hypernationflagspeculator of irrealistic economic view. Tesla is not the only car but it is the "tulip" of our time.
Government with higher rate will bankrupt in no time. It is not an option for them. Hyperinflation is the only outcome with a collapse of the politics as we know today. Cash, like physical gold will be banned first as gov. cannot see who has what snd what they do with it. We enter totalitarian governments lead by corporates. The value of individual is reduce to numbers. No more, no less.
Lets go back to small villages nearly in autarcy where everybody help each other. This will survive.
Asset Price Crash Dead Ahead?
A collapse of the capitalism structure based on credit for everything will affect assets and currencies. Does the fed have a margin before the collapse of dollars?
No, except selling gold which will have, like we can see, a fundamental to go up.
The last drop of gold was may be the first mark of high move from fed for not letting gold reflecting the distrust in the system.
Gold is the last one to die on the battlefield.
Sign Of The Times: Gold Has Its Most Vocal Proponents Helping Sell Jay Powell’s Fiction
A point in favor of gold, even if you have inflation....
Inflation much higher than TB rate or savings rate. If you have 10 percent inflation and 4 percent on your saving, what is your choice?
And as ghost business or government don't have enough money for paying higher interest, you can make the dot for the future.
The Gold Rally May Have Just Begun: 5 Top Picks To Tap It
May be there is a little potential up for gold miners but the risk now is too high. I would not recommand any gold miner unless you go with the ones who has the mines only in canada. We can head very soon, if a collapse of some currency, that government around the world will seized the mining company. And they will as ban having physical gold. The consequences of nationalism, closing border, collapse of the WTO, this is the path of having physical gold only and being very, very careful with gold miners.
What Powell And Lagarde Told The G7?
Good article and fully agreed. BUT, there is a "but"....as I wrote once in a comment, central banks have the power to print papergold back by???? Gold and silver are the barometer of faith (in an opposite way) in a political/financial or in a whole society and central bank know that as well.
The higher gold is, less faith in gov.
So, only physical gold/silver.
And if you have any data about papergold central bank has issued and how many papergold versus physical situation we are, this can give a complete view of the fiat capitalism we are living in and will see it's collapse like the communism in USSR.
Thanks for your article
Gold Market Manipulation And The Federal Reserve
I agree. I missunderstand you if you mean the price of gold reflect the failure of the fed, which i think will be bigger as the politician took over it. Not only in the US.
Thanks for your reply
Gold Price Outlook: Gold Slammed Lower On Record US Jobs Creation
a piece of land and some chicken...probably if you are on the right spot and nobody comes grabing your stuff. Just have a look in Zimbabwe and the quantities of holes digged by everybody in order to find little bit of gold for buying bread. It is not WW1 but an economic collapse due to printing...follow the dots.
Gold Market Manipulation And The Federal Reserve
When I said, I have been told rich people are loading gold, make reference to a personal insider in a swiss bank and what they have now in their vault from private clients....and it is just a small private bank.
I have seen by myself in the 70ths the vault of the reserve in a major bank where it was a huge place with 12.5 kg bars, (all with the russian logo!!!).
If you can provide the reader with the external audit of physical gold detained by the fed and the total amount of paper gold they have issued, would be, in that case, very informative.
Gold Market Manipulation And The Federal Reserve
...they must also recognize that no institution has done more to pave the road to higher gold prices than the Federal Reserve....
Are you serious? Taking the Hunt brothers who really was market maker till a collapse, is one thing.
I am sorry but you article does not go deep in the subject but just a position of "fed defend gold like other assets" is just non sense. Yes, FED balance sheet has increased with whatever bond, TB, equities, BMS etc..
May be it has increase in paper gold issue by them (FED) and sold on the market.
Sorry but you look like propaganda....and you want the others looks like conspirationists. Bring me the total of paper gold issue by the fed and the real inventory of gold they have in their vault since dollar is not anymore valued with gold.?
When gold is going higher you give credit to FED. Come on. I have been reported that rich people are loading physical gold because they know dollar is going to the wall. And you know that. You can treat gold as relic of the old age,but this is a relic that still exist through war, revolution, bankruptcies, crises....you name the others.
A relic that survives is not a relic. It is an asset.
Thanks in advance for a more deep investigation on what you write, specially when it looks like fed is behind the soaring price of gold.
Two Metals And An Interest Rate
Nice research and grafics. Thanks for sharing.