Gold rally signifies second phase of post-Lehman financial meltdown and depression
Media Release
Oct. 6, 2009
The Gold price has finally breached $1000 an ounce. It shows the state of the US economy and the signal of oncoming depression.
Gold prices hit a new record above $1,045 an ounce on Tuesday as the dollar lost ground following reports that the US currency’s critical role in global oil trading was coming under scrutiny. Gold reached a record $1,045, racing past its previous peak of $1,030.80 set last March when Bear Stearns, the US investment bank ran into trouble.
The signals are clear. The post Lehman financial meltdown has started. The depression in dollar is real this time.
Source:-
http://www.indiadaily.com/editorial/20964.asp
My feeling is that the Gold price is being manipulated in view of the IMF sales of 403.3 tonnes.
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Gold price smashing and India's Gold Monetization Scheme have a connection.That is,preventing Indians, from BUYING PHYSICAL Gold,and manipulating the price of PAPER GOLD With the Derivatives!
It is reported that the central banks have sold their Gold at high prices,and they want buy them back at lower prices,after smashing the same.
The vested interest also,want the money to flow into equities,instead of Gold,so that the US Dollar could be strong.
Cashless Society,for confiscating the wealth of Indians via NIRP,is being planned.
NIRP will be ineffective with cash around.
Land,Silver,Gold,Cash and other tangibles are taboo,in a Cashless Society.Cashless Society and the resultant,Electronic Transactions,will help the Hackers a lot,as an "entry point", is being provided to them,via the Electronic Transfer,which in "ordinary" Banking,is NOT available to the Hackers.
.......but by smart moves,in the changed and changing scenario,it is possible to increase one's wealth!
IMF And World Bank DICTATORSHIP Of India Under M M Singh
AS PER STIGLITZ,THE IMF AND THE WORLD BANK DEMAND THE FOLLOWING FROM NATIONS,RULED BY THEIR PUPPETS:-
1.PRIVATIZATION
2.LIBERALIZATION
3.MARKET-BASED PRICING
THIS IS HAPPENING IN INDIA.
PLEASE GOOGLE FOR:-IMF RIOT
1.PRIVATIZATION
2.LIBERALIZATION
3.MARKET-BASED PRICING
THIS IS HAPPENING IN INDIA.
PLEASE GOOGLE FOR:-IMF RIOT
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