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Peter Schiff: The Real Reason Gold Hasn’t Gone Up And Why It Ultimately Will
Nation And State ^ | 1-12-2022

Posted on 01/12/2022 12:53:20 PM PST by blam

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To: JudgemAll
China is buying ooze loads of the hard metal as a result as it knows its price is suppressed.

Proof for this please?

41 posted on 01/12/2022 8:57:15 PM PST by MeneMeneTekelUpharsin (Freedom is the freedom to discipline yourself so others don't have to do it for you.)
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To: delta7
The more important question is why are so MANY sovereign nations buying record amounts of Gold? Turkey, Russia, India, China, Italy, France, Switzerland, Netherlands…their Central Banks have piled on record amounts.

Link please?

42 posted on 01/12/2022 8:58:28 PM PST by MeneMeneTekelUpharsin (Freedom is the freedom to discipline yourself so others don't have to do it for you.)
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To: SaxxonWoods
A high end, nicely tailored man’s suit is around $5,000 these days, and can cost up to $10k.

That is the actual value of an ounce of gold per inflation, but some entities are manipulating in a corrupt manner the price of PMs.

43 posted on 01/12/2022 8:59:50 PM PST by MeneMeneTekelUpharsin (Freedom is the freedom to discipline yourself so others don't have to do it for you.)
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To: Organic Panic

Couldn’t say. Never read that stuff but I did compare his books to an obama speech.


44 posted on 01/12/2022 9:09:18 PM PST by fightin kentuckian
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To: fightin kentuckian

I’m not sure they could politically get away with it now. After all, our money is no longer tied to gold. So at the end of the day it’s really just another commodity. How do they make it illegal to own a commodity?


45 posted on 01/13/2022 5:48:29 AM PST by cuban leaf (My prediction: Harris is Spiro Agnew. We'll soon see who becomes Gerald Ford, and our next prez.)
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To: delta7

The Chicoms have beat the pricing system, they are buying all the major mining companies, world wide, been at it for some time.When I was in Colombia, ( with our DOS) , many mining companies were being bought, the Chicoms are all over Africa, Canada, and Australia busy buying miners. The gold extracted never is reported , they simply send the gold back to China, bypassing the pricing markets.
Search GATA.org for the years of articles written on it. Pray the US has the reserves they claim they have, ( they do not), the white papers of China state they will back their current cashless digital currency with gold.


46 posted on 01/13/2022 12:15:15 PM PST by delta7
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To: Terry L Smith

Exactly, Schiff is enjoying the Dorado PR tax cheats who want all of the goodies of being a citizen and don’t want to pay a dime.


47 posted on 01/15/2022 10:40:09 AM PST by LumberJack53213
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