RE:RE:Rediculous
Gold is made to be hated. Comex controls the price. Supply and demand fundamentals mean nothing for now. China and India are buying the metal on the cheap. So they are cool with this scam. And The FED must, must inflate and rob the american people and trigger inflation through the rest of the world through insane monetary policy. And they have to sell it as a good thing. AKA: Inflation is needed. lol And trigger chaos as bankruptcy is coming closer to the usa. They can't make it easy for us or others. That is not their jobs. Their job is to maintain some order as this process happens. You ave to connect all the dots. What is in Fort Knox? Why is Germanys gold taking 7 years to come back? Why does Bloomberg and CNBC constantly bash gold? Who runs the mainstream media? Can banks rob people more through fiat money creation or with gold and silver? Why are FEMA camps operational? Why are gun crimes being focused on the MSM news in USA? Do they want 300 million guns in citizens hands during an economic collapse? It costs miners 1300$/ounce to mine gold. So at these levels the miners are not exploring very hard. If at all. SO what does this mean? Well supply will be slowing very soon. Real inflation is at 5% per year here in Canada. Lets say 5% all over the world for arguments sake. So all in cost to produce gold in 2014: 1352$ 2015: 1406$ 2016: 1462$ 2017: 1535$ So the fed in its desperation will, keep gold and silver in a tight wave trading patern through Jp Morgan and Golman Sachs, HSBC, London Bullion Market. They will use these banks as a middle man in the transaction and call it a hedge. As the CFTC and Bart Chilton Close their eyes and don't investigate squat. Now: 1275$/1350$. With the occasional attack. Maybe we will see 1150-1200$ in next year. Doubt it though. That would trigger another buying frenzy. Like it did last time these meat heads plunged the price to 8 an deviation move. 1 in 7 billion odds of this happening. with no news. ??!!! So yes that was manipulation. Sandstorm is not obsessed with growth at any cost. They are not making any new deals lately. Money velocity will really take off if the US economy ever recovers. It won't. But the true defenition of inflation is money creation. That's it. Money creation. Price inflation is a result of that money creation. I just wote a novel here but I can't take bad math. No commodity will be valued under the cost of production for very long. Take your positions. Buy Physical Gold and Silver. They are defensive and can't be shorted by the COMEX or NYSE unmercifully. And if you want to speculate by SAND and SLW. There you go. If you were the fed what would you do? Default on your defecit? Or short gold and make it uncomfortable to own? or would you treat the market speculators that buy mining shares? Would you want them in the DOW jones or in gold shares? Or in Bullion? Think about all this and decide what you think the real story is behind gold.