Manipulation of the gold market also manipulates other markets insofar as the price of gold powerfully influences interest rates and the price of everything else.
We used to worry that someday the deficit would hit a trillion dollars a year, and then it did that and worse for each of the last four years. We’re snowed in!
Stocks are perched very precariously right now with no fundamental means of support from the economy and not a lot of immediate chart-dynamic support either.
All too often the blame on coins, especially pennies and nickels, is misplaced. This certainly is not the first dispute over payment with coins, and it probably won’t be the last.
The next 2-3 weeks will likely tell us if the market is going to set up a crash, or if we are going to still rally to the 4800SPX region before a major bear market takes hold.
We are clearly already in a recession. The Fed's gauge is based on propaganda, which only idiots can't see, designed to make the economy look like it's not in shambles.
Miners not only need to find more gold, they need to mine it for less. In this environment, it makes sense for smaller gold companies to join forces, creating efficiencies and synergies.
