OTCPK:KRCLF - Post by User
Post by
horace5on Jul 13, 2022 7:31pm
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Post# 34822476
The hard job of ignoring manipulation in the gold market
The hard job of ignoring manipulation in the gold market In this charged inflationary environment gold should be absolutely soaring. For those in the mainstream media expected to keep coming up with reasons to explain why gold is in fact NOT soaring - the task of explaining the unexplainable becomes an insuperable daily challenge.
The insufficient (and in some cases outright bizarre) reasons put forth regularly to explain the lack of positive movement in the precious metals markets would be simply laughable if we had not become so used to hearing them.
The article below provides a small sampling of a few of the reasons now in vogue for explaining to us exactly why “gold's relatively disappointing price action makes sense.”
This is why gold is below $1,800 even as U.S. inflation hits a 40-year high at 9.1%
https://www.kitco.com/news/2022-07-13/This-is-why-gold-is-below-1-800-even-as-U-S-inflation-hits-a-40-year-high-at-9-1.html