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Keyword: bohicagold

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  • $500 GOLD AND INTEREST RATES

    11/25/2005 6:48:53 PM PST · by hubbubhubbub · 386 replies · 4,531+ views
    Financial Sense Online ^ | 25 november 2005 | Peter Schiff
    As the Fed continues its inflation campaign, most have yet to come to grips with the reality of America’s uniquely precarious situation. In an act of prestidigitation that would impress Harry Houdini, the Fed is now attempting to hide evidence of the most inflationary monetary policy in its history by no longer publishing data on the growth of M3, while mystifying the public with phony CPI statistics. However, the relentless rise in the price of gold is evidence that fewer people are being fooled by the Fed’s slight of hand. Gold’s recent rise to just under $500 per ounce, gaining...