Profile image
By Miles Franklin Precious Metals
Contributor profile | More stories
Story Views

Now:
Last Hour:
Last 24 Hours:
Total:

Wake Up Call – Our Entire World Is Going to Change

Monday, August 29, 2016 8:10
% of readers think this story is Fact. Add your two cents.

(Before It's News)

The cartel hit gold hard again on Wednesday selling $1.5 BILLION is paper gold into the market in ONE MINUTE and as JS Mineset’s Bill Holter notes, “$1.5 Billion of gold is close to 2% of global production and to see that sold in one minute is laughable.”

Bill asks, “Who has that amount of gold to sell? And the answer of course is almost no one. And what trader would ever sell in that fashion? And the answer is no one who would want to keep a job if they were selling for profit. So the sell was obviously to create price, a lower one.”

But as the bond market and rising LIBOR rates are telling us, the system is coming apart at the seams and the coming collapse will cause “our entire world to change.”

This interview was hosted by SGT Report.



Source: http://www.milesfranklin.com/wake-up-call/

Report abuse

Comments

Your Comments
Question   Razz  Sad   Evil  Exclaim  Smile  Redface  Biggrin  Surprised  Eek   Confused   Cool  LOL   Mad   Twisted  Rolleyes   Wink  Idea  Arrow  Neutral  Cry   Mr. Green

Total 1 comment
  • VirusGuard

    Yes gold on paper will go back to $1000oz and all those get rich quick dreams will vanish once again.

    It’s called profit taking in a fixed market and i did try to warn people not to fall for it.

Top Stories
Recent Stories
 

Featured

 

Top Global

 

Top Alternative

 

Register

Newsletter

Email this story
Email this story

If you really want to ban this commenter, please write down the reason:

If you really want to disable all recommended stories, click on OK button. After that, you will be redirect to your options page.