About 600 tonnes of gold flowed into COMEX vaults in New York from December to February. Much of this gold came from London, but Singapore and Hong Kong also reported net outflows of about 70 tonnes.
The same inflation expectations hysteria the media is hyping was evident in the University of Michigan’s one-year and five-10-year expectations. And yet, we’ve seen scant follow-through in what the New York Fed has tracked via its Survey of Consumer Expectations.
When you need people around the world to consume more of your monstrous and ever-inflating mountain of debt, that’s not a good time to be starting economic wars with all of them.
In a recent Soar Financially podcast, Kai Hoffmann interviewed Stefan Gleason, CEO of Money Metals Exchange, about Fort Knox gold audits, secret gold flows, and sound money.
