The Cork Board

[properlynumb]

Good point!
Fiat currency can be produced faster and in greater quantities than the back-breaking work and energy needed to mine gold.

There's a real incentive to hold down Gold and Silver price......
To maintain the value of paper.

For the past year (18 months) Gold price has drifted.
Real demand from the jewelry industry and investor sentiment has been muted, perhaps from the rise of the US stock market or low interest rates.
Both are due to the Fed's injection of paper.
Japan is printing and Europe is 'creating'.


It's a slow smolder at this time......
With banks buying 12% of production this rocket just needs a spark.