The Price Attack on Gold Signals More Fed Money Printing

by David Kranzler
Investment Research Dynamics

“As I always bore people with: The true numbers, location, and disposition of national gold reserves are secrets far more sensitive than the true numbers, location, and disposition of nuclear weapons.” – Chris Powell, Treasurer of GATA

I love that quote from Chris. It reminds of when I suggested back in 2004 that the U.S. would start a war before it ever gets to the point at which it was forced to open the Federal Reserve gold vaults for a independent audit with the entire world watching.

What might require such an event? If the China/Russia economic axis were to roll out a gold-backed currency that required independently verified proof of sovereign gold holdings by all trading partners…

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