Gld adds 4.45 tonnes of gold with the price of gold down $19.50?/China fires another shot across the bow by devaluing the yuan by the most since last August/Vicious raid against gold and silver today but gold/silver equity shares rise/Egyptian passenger aircraft goes down in the Mediterranean subject to a terrorist attack/Suspected loci was the Charles de Gaulle airport in Paris/5 banks including Deutsche bank and Bank of America sued for fraud and price fixing in agency bonds/Eliz Holmes of Theranos admits that her billion dollar company is a fraud/Philly mfg index plummet to negative territory again
by Harvey Organ
Harvey Organ’s Blog
[…] Yesterday I wrote the following:
“No doubt that the entire trading of gold and silver today was orchestrated by our crooked banks. They were massively selling paper gold throughout the night and early morning. Even the one billion dollar bid for gold early this morning did not spook the crooks. At 2 pm they released the beige book report and the Fed stated that it is likely that they will raise rates in June. The USA should raise rates but the problem will be China who has threatened to lower dramatically the yuan and in so doing would absolutely kill Japan, South Korea and the emerging markets. Besides no Fed would be stupid enough to raise rates three months before a USA election.”