Why Gold is falling ? What Rothchild said ?
Gold is falling for some days now. It lose around 100 $ in short period of time. But if you try to think, why it is happening. There is no explanation !
The Federal Reserve rate is historical low ! We also see NEGATIVE rates ! Inflation is going up ! Problems in banking sector - all over the globe !
And gold some how is going down. Can't see any logic !
I can give you one good reason : Some one just sold 8000 tons of gold. Of course it is not real yellow metal, It is paper contracts.
Let think, how much is 8 000 000 kg of gold ? The USA gold reserve is suppose to be around 8000 tons. So some rich uncle Sam sold gold reserve ? =]]] This is also a 3 years of global gold production.
This is price manipulation ! Some banks all ready admits it: DeacheBank, Bank of NovaScotia, HSBC
But goverments can't hold it indefinitely. We see what is going on in India, Venezuela, Argentina.
You can check - The real price of gold on Blackmarket in India.
This is not good, be alert !
Тry to diversify !
You're right. This is not looking good. I hope I can place myself in the right side of the coming events.
Thanks ! You also right.
There is many ways to prepare your self and a family. Some of them not so expensive and do not take lots of time.
Good luck =]
My guess is, it's falling because the greenback has shot up. Oddly, the US$ has rocketed up after Donald Trump won the White House. The last surprise, Brexit, saw the pound plummet.
Yes, you are right. They usually go to opposite directions. But that not only, and not biggest reason ! The $ can go up, when you see grow economy, higher rates, more production and less money printing.
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People are spending money on crypto coins. Nobody cares about gold anymore.
Will not agree with you. Cryptocurrencies is good, but I don't fully believe in them.
It is like fiat money. You can make enormous amounts of crypto with a touch of a button.
It is called INFLATION !
You can not inflate gold, silver or food in global scale.
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Most cryptos are specifically made to not have inflation and do things gold cant
Well, you can see what happening right now with steam.
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