from King World News
Where did all the gold go? Financial radicalization, shortages and outages, plus look at what just hit the highest level since 1974!
Where Did All That Gold Go?
October 12 (King World News) – Alasdair Macleod: “Interesting to see that gold and silver appear to be disappearing from the LBMA’s vaults. Allowing for a slight increase at the Bank of England nearly 20 tonnes of gold have gone. Where, one wonders?”
Expect Soaring Gold Prices
Fred Hickey: “Ill-advised economic policies in 1960s into ‘70s (guns and butter overspending, “Great Society” entitlements) + oil price spikes led to stagflation and soaring gold prices. Today, conditions similar, leading to stagflation and eventually, soaring gold prices (once investors wake up).”