“Gold Update” – Gold Goliath

Posted on :Sep 09, 2014

Gold last reported is $1255.80 up $2.10 and silver is still available below production cost at $18.97.

After 3 years and 5 months of heavy constant price manipulation large investors are holding off on more purchases. These type investors look for quick profits and are not interested in holding gold or silver as insurance against rigged paper markets.

The U.S. economy remains in shambles and the E.U. is even worse. Washington has lost all credibility and we can expect more nations will position themselves to remove the yoke of the dollar.

The only hope the Federal Reserve has in saving the dollar is fighting and winning a global war. Even victory does not necessarily ensure dollar stability.

As the U.S. prepares for war it is imperative that Wall Street give the illusion that all is well. Our paid allies will never agree to enter a war with us if our economy is seen as collapsing.

We are moving into increased global turmoil where wars and bank bail-ins are becoming a thing of the norm.

Don’t buy the media hype that gold and silver are finished. Were this true central banks and governments wouldn’t continue hoarding it.

Both metals are being offered at unbelievably low prices.

Gold Goliath is not your typical gold dealer.

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