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Friday, September 14, 2012

The More Gold And Silver Prices Are Suppressed, The Higher They Will Rebound | CoinWeek

The More Gold And Silver Prices Are Suppressed, The Higher They Will Rebound | CoinWeek

As I explained in my last column, the German Constitutional Court on Wednesday concurred with the legality of the European Central Bank’s plan to engage in quantitative easing of the Euro. The reason I expected this result was that the ECB’s governing documents had a loophole that allowed for inflation of the money supply no matter what the German Court decided.
However, I did mix up my dates of this week’s Federal Open Market Committee (FOMC) meeting. Just about every such meeting is held on Tuesdays into Wednesday, so I didn’t pay attention that this week’s meeting was scheduled for Wednesday and Thursday.

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