The Fed’s fight has become much more complex this month. Inflation is fighting back harder all of a sudden, while the US debt ceiling is putting bond markets and banks at considerable extra risk..
The general consensus among our faculty and in much of my reading is a fiscal crisis is brewing that the monetary policy side will exacerbate and politics make more volatile.
I want to concentrate on documents that show that C. Bank policy toward gold is changing profoundly -- moving away from price suppression and toward renewed acceptance..
You should be aware that price management/manipulation efforts by the bullion banks continue to this day, regardless of the accumulated fines, prosecutions, and convictions.
Rickards points out that the government has used gold revaluation in a pinch twice before. The power of gold to change all financial valuations in the world was acknowledged in detail in a meeting ...
And, if you have money in the US banking industry, then you are simply a pawn in this game of chicken being played by our policymakers, and it is time for you to act. It is time for you to..