Is the gold price manipulated? The gold bugs argue that precious metals prices have been manipulated downwards for years.
It may not seem important, but where the gold price goes next could provide a major clue on the health (or otherwise) of the world’s economy.
Gold falls 5% and the anti-gold mainstream commentators crawl out from the woodwork. So, gold is nothing but fashion according to one author.
When the world is on the brink of financial collapse, it’s not gold, not currency, not even stocks that really flys. It’s bitcoin.
Gold demand in 2016 is fast outweighing gold supply. When the tipping point is reached — perhaps next year — hang on tight to the bull’s horns! Gold could easily quadruple in price over the next few years.
In the short term, the price of gold is very much influenced by the positioning of traders in the futures market. Going into this week, hedge funds were exceptionally bullish on gold.
Gold is volatile for one reason. Investors remain infatuated with the next US Federal Reserve interest rate decision. The Fed next meets in November. Investors don’t believe the Fed will do anything at that meeting.
In today’s video update Kris looks at the overnight slump in the gold price and asks if this is the start of a bigger decline…
We could see assets, like gold and stocks, take a plunge during the initial stages of the crisis. When the banking system goes under stocks will look pretty good. That could cause the biggest stock bull market in history.
If you want to hedge against a financial crisis and a banking system collapse, your best bet might be a completely alternative financial system — bitcoin.