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Is the gold price being manipulated to obfuscate real inflation?
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No, I’m sure that the bizarre behavior of gold, and the VIX are completely organic. Said no one ever.
Idk what obfuscate means so I’ll assume it’s a personal insult WELL FUCK YOU TOO BUDDY
I feel gold is not permitted to rise since so much of the world trades paper contracts versus actual gold in existence, that is now a systemic risk.
Consider gilts rising a bit was enough to nearly bust UK pension funds, which may have led to contagion. Many people taking physical delivery of gold for all the paper contracts would be a epic worldwide Jenga collapse.
So central banks keep on keeping on, with gold price depressed until central banks lose control, which I don’t expect in this lifetime
No definitely not Don’t look at the GATA organization or a Jim Rickards book
Everything is being manipulated. Gold, stocks, polls, definitions (recession is no longer 2 quarters of negative gdp growth). It’s turned into a giant shit show with the “adults’ in charge.
Ofc the gold price will increase in that currency if there is a high inflation in the market there. The Weimar xperienced hyper inflasjon. If breas suddenly cost one million marks, how much will one punce of gold cost? Since gold is an internationally traded commodity, that peice in marks will of course shoot up! The gold pris is still the same for everybody else and the gold price in comparison with other goods probably had a similar cost in mark to comperables.
How did it evolve/develope in usd? Pound sterling? Franc? Can you post a new graph showing the gold price in other currencies as well?
Yes
I think it’s because Russia has been stockpiling gold, and if they let the price go up he has was more money. Also to keep the dollar strong, everyone would be going to gold if the dollar wasn’t “strong”.
My great-grandpappy is still holding his Weimar Marks, he told me that if you don’t sell you haven’t lost.
Everyone just trades gold for dollars anyways i dont go to the grocery store and buy food with gold. Strong dollar means lower gold prices because in the end that’s what you are trading your gold for
Can you explain this to me like I’m regarded?
Manipulated by whom? The Bogdanov brothers?
I’ve held gold since mid Trump administration and given the whacky bullshit that’s been happening since the price has been flatter than a Thai thirst trap.
si si senior.
This deflation is driving gold down
Gold is always manipulated
No because the dollar is strong and gold gets weaker the stronger the dollar is, Regard
Yes
Not saying there is no manipulation, but the gold market is global, the dollar is strong, and inflation is much worse in countries other than the US. A strong dollar will tend to keep gold prices down (in dollars).
WASHINGTON, DC – Today, Congressman Alex X. Mooney introduced H.R. 9157, the “Gold Standard Restoration Act.”
The legislation calls for the U.S. Treasury and the Federal Reserve to publicly disclose all gold holdings and gold transactions within 30 months, after which time the Federal Reserve note “dollar” would be pegged to a fixed weight of gold at its then-market price. Federal Reserve notes would become fully redeemable for and exchangeable with gold at the new fixed price, with the U.S. Treasury and its gold reserves backstopping Federal Reserve Banks as guarantor.
“The gold standard would protect against Washington’s irresponsible spending habits and the creation of money out of thin air,” said Congressman Alex X. Mooney. ”Prices would be shaped by economics rather than the instincts of bureaucrats. No longer would our economy be at the mercy of the Federal Reserve and reckless Washington spenders.”
BACKGROUND: The Gold Standard Restoration Act also makes several findings as to the harm the Federal Reserve System has inflicted on everyday Americans – particularly since President Richard Nixon “temporarily suspended” gold backing of America’s monetary system in 1971.
The Federal Reserve note has lost more than 30 percent of its purchasing power since 2000, and 97 percent of its purchasing power since the passage of the Federal Reserve Act in 1913.Economists have observed that the elimination of gold redeemability from the monetary system freed central bankers and federal government officials from accountability when they irresponsibly expand the money supply, fund government deficits though trillion-dollar bond purchases, or otherwise manipulate the economy.
The bill would also require full disclosure of all central bank and U.S. government gold holdings and gold-related financial transactions over the last 6 decades. H.R. 9157 requires the Fed and the Treasury to disclose all records pertaining to redemptions and transfers of United States gold in the 10 years preceding the temporary suspension in August 15, 1971, of gold redeemability obligations.
You need to learn the difference between price inflation and monetary inflation. There is a massive global dollar squeeze. Gold bugs and crypto bros were completely wrong about the devaluation of the dollar in a bond bear market because they don’t actually understand how currency works.
More simply, if the price of a Big Mac goes up, that doesn’t mean the value of your gold has also increased in dollar terms. It just means you need more gold to buy a Big Mac.
Yes and Silver even more I believe. Will BRICS expose the manipulated commodities and create new price valuations. I hope so
Gold is a dog water asset. I rather own 1,000 workers than 1,000 bars of gold.
Yes
Yes. Gold is real money. Dollars are current – cy. The FED decides how strong the current.
yes
This is just a fancy way to say they’re screwing us.
[wtfhappenedin1971.com](https://wtfhappenedin1971.com)
Answer: Does the Pope shit in the woods?
Probably not. Gold is competing with crypto as an inflation hedge.