GOLD 0.11% $1,311.6 gold futures

Gold Breakout: Three Major Factors (Jim Willie), page-3

  1. 5,187 Posts.
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    Interesting comments about the revaluation of gold helping the central bank balance sheets.
    How much gold do the western central banks still have.
    How much gold do they think will be available when every man and his dog will be looking for physical.
    Is this the reason for the Barrack bid on Newmont so they can supply the central Banks with newly mined Bullion.
    In a federal court in 2003 Barrick admitted that it had become the agent of the central banks in "regulating" the gold price.
    The head honcho for Barrick is ex Goldman "government" Sachs so the connections are certainly there.
    The Fed certainly isn't interested in higher gold prices at this point.
    Do they intend to try and smash gold in a massive rinse before the coming reset.
    Newmont needs to tell Barrick to F---K off.
    As usual,lots of questions and not many answers.
 
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