These guys are seriously overplaying their hand so something must be up. – John Embry email to me in reference to the blatant intervention in the stock and gold futures markets
The
Cliff’s Notes explanation to John’s comment: The Fed knows the economy
is technically in a recession and will be forced to take Fed Funds
negative sometime in early 2016. Yellen floated that trial balloon
earlier today. That’s an event that should launch gold.First, in reference to the extreme degree of anti-gold propaganda currently being vomited by the western media – see this article from Mark Hulbert LINK and this article from the new Jon Nadler LINK – here is what is going on in the physical gold market:
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