Rickards says uncertainty will hover over the markets for many months. This is directly related to the Fed because of what Jim refers to as the most momentous period for the Fed, EVER. Trump will “own” the Fed, but there is a catch…
The Shadow of Truth hosts Rob Kirby for an incredible discussion about the insidious, omnipresent forces behind what has evolved into continuous, non-stop global financial markets intervention by the Central Banks.
Or is it really the Central Banks?
Who is the real “Wizard” behind the curtain??
Central Bankers like Allan Greenspan and Ben Bernanke know all about gold, they just don’t express it while they are central bank presidents in office.
When I asked former Dutch Central banker Nout Wellink what he would do if QE proved to be irreversible, in fear of a deflationary collapse, and QE III, IV, etc. would become apparent, he said that he would put his wealth in to physical gold because that would be the most prudent thing to do.
I thought that was a remarkable revelation from the man who in early 2011 forced a Dutch pension fund via a court order to sell most of its gold because it was “not in the interest of the people that were depending on the fund”.