Ned Schmidt says, the Fed has been turning up the heat and the “investors” don’t have a clue. They’ve tightened 8 times. There’s no excess liquidity. The only thing keeping gold down is the phony dollar rally, which is really just a bear market is Euro and Yen currencies. The phony rally is now faltering and this should lead to a 2-3 year rally in PM and the rally should take off in a matter of weeks. Once Wall Street can invest directly in China forget about it. Could be billions per day. Only 3 investments could be worth anything, but they’re China related and gold.
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