“Gold Update” – Gold Goliath

Posted on :Aug 28, 2014

Gold last reported is $1289.50 up $6.90 and silver is $19.59 up 16 cents.

Rising tensions continue moving investors into precious metals despite open manipulation of the gold and silver markets.

The Ukrainian president is reporting that Russian military has invaded his country and is holding positions in eastern Ukraine towns. Reportedly there is ongoing fighting between the two armies.

The Middle East is of course the Middle East. Wars in that region have always existed and will continue to do so.

The U.S. dollar is well on its way to losing reserve currency status. What does this mean for the average American? If foreign nations begin dumping U.S debt the dollar will collapse. Our latest ally to jump ship is our neighbor to the north Canada. Business leaders have agreed to cooperate in promoting Canada as a currency trading  hub for the Yuan.

Wall Street continues its fraudulent record high’s scam courtesy of Fed money that is becoming more worthless by the day. When your paid allies and enemies alike talk about the need for another currency you know you are on borrowed time.

Nothing replaces physical assets when protecting wealth. Not even the good word of Washington and Wall Street.

Gold Goliath is not your typical gold dealer.

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