gold price news online

Gold, Silver vs. ‘Worthless’ U.S. Treasuries

The following commentary comes from an independent investor or market observer as part of TheStreet’s guest contributor program, which is separate from the company’s news coverage.

NEW YORK (Bullion Bulls Canada) — Two weeks ago, I wrote that volatility was “the new bankster weapon” in the gold and silver markets. In writing that this marked a “new phase” for these markets, I admit to never imagining that we would immediately see the bankers display this new phase with such a vivid “exclamation mark.”

That said, it is now equally important to emphasize to investors that nothing at all has changed for gold and silver from a long-term perspective. What makes this current episode of market manipulation all the more surprising is that there wasn’t even any serious attempt by the mainstream media to manufacture a “reason” for the plunge in gold and silver — as “cover” for the banksters’ actions. …


Gold, Silver vs. ‘Worthless’ U.S. Treasuries

Tags: ,

Posted in Metals Mining