Eric Lemieux: Decline in Gold Price Goes Against Every Theory [View article]
The reality is that China and Japan hold approx. 2 trillion dollars and are supporting it to hold its value 1) a weaker dollar against their currencies would result in less exports to the U.S. and 2) they want to acquire all the gold and gold stocks as otherwise they would have to use more dollars to buy the higher prices gold/mining stocks. ALL MANIPULATION !!! They have been propping the dollars up for years for the same reasons, it is just more obvious now in light of the deteriorating U.S. Economic conditions. Propping the dollar also allows for cheap U.S. stock trading for their dollar hoard.
Weaker Expectations for Gold and Silver - TD Newcrest Analyst [View article]
TD Newcrest analyst statement is only a acknowledge of the massive manipulation of gold pricing by cash cow foreign countries (China and Japan) to use their US foreign trade dollars to buy gold/gold mining stocks cheaply. They need more gold reserves to eventually back their tons of fiat paper money. Simple as that.
Invest in Precious Metal Miners During the Coming Earnings Season [View article]
Your thoughts on this large miner, please.
Eric Lemieux: Decline in Gold Price Goes Against Every Theory [View article]
buy the higher prices gold/mining stocks. ALL MANIPULATION !!! They have been propping the dollars up for years for the same reasons, it is just more obvious now in light of the deteriorating U.S. Economic conditions.
Propping the dollar also allows for cheap U.S. stock trading for their dollar hoard.
Weaker Expectations for Gold and Silver - TD Newcrest Analyst [View article]
manipulation of gold pricing by cash cow foreign countries (China and Japan) to use their US foreign trade dollars to buy gold/gold mining stocks cheaply. They need more gold reserves to eventually back their tons of fiat paper money.
Simple as that.