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.