Loading ...Re Never seen Gold.
That’s because ever since ’87 the Fed has realised they can play the mkts to their hearts content.
At first it was done at times of real crisis, like the first Gulf war…I watched as clients bought Oil on the Friday before. then on Sunday night after they went in, the Oil mkt opened up and then sold off all night…..and they were scratching their heads, as to why etc.
Then it also done whenever Greenspan spoke, which is why the old fraud/crook was thought to be a genius/seer etc as the mkts always did what he said….
Over time it has morphed into this 24/7 nightmare ….of non stop manipulation…..I too begin to despair..