Monday, October 26, 2020

Tag: Is the Federal Reserve losing control of the gold price?

Is the Federal Reserve losing control of the gold price?

by Paul Craig Roberts, Paul Craig Roberts:

After years of being kept in the doldrums by orchestrated short selling described on this website by Roberts and Kranzler, gold has lately moved up sharply reaching $1,510 this morning.  The gold price has continued to rise despite the continuing practice of dumping large volumes of naked contracts in the futures market.  The gold price is driven down but quickly recovers and moves on up.  I haven’t an explanation at this time for the new force that is more powerful than the short-selling that has been used to control the price of gold.

Is the Federal Reserve losing control of the gold price?

by Paul Craig Roberts, Paul Craig Roberts:

After years of being kept in the doldrums by orchestrated short selling described on this website by Roberts and Kranzler, gold has lately moved up sharply reaching $1,510 this morning.  The gold price has continued to rise despite the continuing practice of dumping large volumes of naked contracts in the futures market.  The gold price is driven down but quickly recovers and moves on up.  I haven’t an explanation at this time for the new force that is more powerful than the short-selling that has been used to control the price of gold.