Gold last reported a.m. is $1147.20 down $21.10 and silver is $15.53 down 45 cents.
We want to remind our readers why the Fed and its bullion bankers continue selling gold and silver in the futures markets that does not exist.
1. Scaring investors out of precious metals and luring them into an over inflated U.S. stock market.
2. Suppressing gold prices strengthens the dollar, “on paper only” and lures investors into purchasing more U.S. debt.
3. Central bankers are purchasing both metals at 4 year lows while both metals are selling at record levels.
The mines will not continue to produce gold and silver at a loss. They will simply cease operation. If this takes place causing a shortage in gold and silver the Fed suppression game will be over.
Gold Goliath is not your typical gold dealer.