Saturday, September 12, 2009

re Gold hype and auditing the Fed

America is not a strong industrial country and I alerted the Oct 2005 gold breakout when I was on the stockchart.com public list - as well as the Oct 2005 bottom.

We now have massive gold price hype articles based on the idea that Gold-standard can fix the problem if we get to audit the Fed.

I commented on the gold-standard which will never be as it is impossible to equate the old standard in our global and complex financial market environment including massive market manipulation and control by big money power, but it is feasible to implement similar policies. Even so, it will be a long process during which gold-hypers will continue to pounce.

Gold price manipulation is deadly for economy and all, many around the world except minimal benefit to gold producers, since it is a price manipulation which has a perception of forecasting inflation -- it is all illusion of price hype which does not benefit Economy, control the Fed and money power, or provide solutions to healthy economic policies.

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