http://www.kereport.com/2013/09/26/sideline-time-valley/
VIEWS FROM GARY SAVAGE – THU 26 SEP, 2013
IT’S SIDELINE TIME IN THE VALLEY.
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COMMENTS:
On September 26, 2013 at 8:39 am,
bb says:
I like to hear Gary say “If they decide to take it down to $1000….”
Its about time the manipulation is spoken of openly and taken into account when trading. The way I see it $85 billion a month is manipulation, libor etc etc.
We are far from free markets.
By federal law, the Gold Exchange Act of 1934 specifically authorizes the US government to rig not only the gold market, but to rig any (financial) market surreptitiously through the Exchange Stabilization Fund.
I wonder if the federal reserve had anything to do with this Gold Exchange Act of 1934?
I guess with gold not being included in economic courses in schools for the last two generations students would not be aware of this act. (according to Rickards)
At least now its in the open.