RE:Gold price.. what gives??Reported today thay US inflation surges and gold drops ?!??!! WTF . The physical price has nothing to do with the futures price we see . It`s too bad there isn`t some way for GCM to sell directly to physical gold investors .
China has told the US that it is unwinding it`s holdings in US treasuries and bonds but over a long term so as not to cause trade trouble with Korea and Japan . Russia has outright told the US they are going to the Euro and gold as their reserve and so have many smaller economies because the USA uses it`s $ reserve status as a weapon . And what happens ? Nothing . Gold does nothing . It is completely manipulated by derivatives traders and history tells us they are untouchable . For Now at least .