RE:RE:RE:RE:Re:GOLD priceEver since money was invented, the lenders set the lending rates, but the last decade, the lending rates are dictated by the borrower (USA), the US millitary might allow them to do that, will the US pay back their debt? LOL LOL, ever heard of war? the victor will tell you who owes what, LOL. over 70 years ago, I saw my neighborhood bully borrowed 10 cents from the paper boy (my friend), get that 10 cents back? LOL, LOL.
The US banksters use rate-hikes to threaten the price of gold, this is a psychological trap, but it works, LOL. actually from time to time, gold price can go up with interest rates going up as well as a higher $, If you look back in history, President Nixon was a smart guy, he knew the US is so powerful, they can just print money to buy the world, shortly after, the US did own half the world, LOL. now the US Banksters put themselves inbetween a rock and a hard place, if they let gold price go up freely, they will go bankrupt trying to cover their paper contracts, if they force the price of gold down, the lower the better for the Chinese and Indians, the Banksters still have no gold to cover their paper, the question is how long can the US Banksters can use paper to cover paper?, in situations like this, producers like LSG is in a good position, so stay longer and get stronger, LOL, CHEERS, GLTA.