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The Art Of Manipulation

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(Kitco News) - Who could imagine with the euro flying higher and the dollar on yearly lows that the central banks in this case would have to pour dirt on the dollar by once again opening their mouths? Well there’s Mario Draghi and his bag of magic tricks, as if all of the legalized Ponzi scheme central banks orchestrated it.

The fiat currency system is too easily manipulated and is very destructive to middle-class Americans. Gold had a dramatic turn based on Super Mario’s comments and was once again able to hold the $1,240 level, which is a good sign for gold.

There is something wrong with this picture. The last time the dollar was this low, gold was 10% higher trading at $1,374, but now is struggling at $1,240. This is all the result of the giant legalized Ponzi scheme.

Disclaimer: The views expressed in this article are those of the author and may not reflect those of Kitco Metals Inc. The author has made every effort to ensure accuracy of information provided; however, neither Kitco Metals Inc. nor the author can guarantee such accuracy. This article is strictly for informational purposes only. It is not a solicitation to make any exchange in commodities, securities or other financial instruments. Kitco Metals Inc. and the author of this article do not accept culpability for losses and/ or damages arising from the use of this publication.

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