Saturday, January 15, 2011

once again max restates point is value of $, not gold price

once again max restates point is value of $, not gold price

On 01/14/2011, on maxkiser.com there was a link to the article "Zombie Money Kills Real People":

http://theautomaticearth.blogspot.com/2011/01/january-14-2011-zombie-money-kills-real.html

One more time, Max pointed out that this is not about the price of gold but the value of the dollar, about 1/1350th of an ounce.

Once the $ is shunned by everyone else but people stuck in the U.S., lots of dollars will return to the U.S. through sales of normally unwanted U.S. goods in order to cut losses, increasing "velocity", and then the value of the dollar will really sink.

The U.S. charts for gold and silver will look more like hockey pucks then the charts for other currencies. They look like the U.S. charts currently, due to manipulation by guess who, J. P. Morgan and Goldman Sachs.

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