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The moderator of supply and demand is supposed to be price, right? Well, the report on third-quarter demand from the World Gold Council ought to be a real head scratcher then. Supplies of gold are down 5 percent from year-ago levels, says the council, while demand has fallen 34 percent.
Full article at : http://www.greenfaucet.com/technical-analysis/gold-and-silver-price-does-matter/56237
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In an interview with CNBC’s Maria Bartiromo this week, Richmond Fed president Jeffrey Lacker refused to offer any clear sign as to when the central bank might finally end its zero-bound policy and begin raising rates. When asked whether he was worried about future inflation.
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$2.5 Trillion - That’s the size of of the global oil scam.
It’s a number so large that, to put it in perspective, we will now begin measuring the damage done to the global economy in “Madoff Units” ($50Bn rip-offs). That’s right - $2.5Tn is 50 TIMES the amount of money that Bernie Madoff scammed from investors in his lifetime, yet it is also LESS than the MONTHLY EXCESS price the global population is being manipulated into paying for a barrel of oil.
Read full article here:
http://www.greenfaucet.com/economy/goldmans-global-oil-scam-passes-the-50-billion-madoff-mark/61953
