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399

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And Fed Resv✡ is impotent against pandemics.

[–] 0 pt

They still can try though, you know, when your only tool is a hammer...

That's not going to end well one way or the other

https://www.zerohedge.com/news/2020-03-02/why-gold-prices-fell-and-why-gold-going-much-much-higher?commentId=b8f0dd92-ce1d-4a01-886b-5c2e339e9074

"The price of gold is being manipulated by the Central Banks to prevent a 'run' on fiat."

...

"I'm still waiting for someone to give me an example of an event that WOULD cause gold (and silver) to "break through." We now know wars, threats of wars, Brexit, threats of Brexit, global economic shutdowns and pandemics, infinite levels of money printing and government debts are not enough to push gold and silver to any eye-opening levels. So what will? Apparently nothing."

...

"Once the margin calls are shaken out. Exchange paper (GLD) for fiat and hand the fiat over to your creditors. Selling paper drives the price down, an abomination of the futures markets. This will go on until it can't, look at palladium. Personally, I like these prices so I will be buying more."