The Fed has another problem ,not only is Gold a rival to Dollar Supremacy ,but so is BIT COIN….(Bit & Gold have joined forces)one is a little more momentum influenced ,the other by Price .I think the Fed would rather see GOLD go UP against the $ rather than Bit Coin.Bit Coin is Fiat like the Dollar (unlimited in Supply )Gold is limited by being a store of value . It may also be the enemy you know Vs the one you dont know ! BIT COIN is the BIGGER THREAT !So it behooves the FED to encourage GOLD to go UP and keep investors money under its control ! Aint that a revoltin developement ! The Fed encouraging Gold buyers !HA HA ..In fact the FED could join them as buyers looking to the Future of a Gold Backed Currency ! I suspect they are simply waiting for China to accumulate enough Gold to back its currency ..However you cant trust the Chinese because the un- official sector in CHINA holds more than the admitted Government sector.So China yuan will be backed by more Gold than the Dollar and make it the Force to be reckoned with ..those clever devils…
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