The US dollar has no relation to gold, what ever the price. The dollar was backed by the petrodollar and now by the US military, that is it. If gold went to $10,000oz it would not change the fact that the dollar is backed by the military. You speak of the COMEX as a physical gold market, it is not. It is used by speculators who never want to take…[Read more]
In reply to - The Doc wrote a new post, The Crime of the Century! -Bill Holter The absolute cornerstone to the dollar retaining confidence and thus value has been the suppression of the price of gold. Submitted by […]↧
