The Gold Price Is Fixed. So What?

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Source: Euro Pacific Precious Metals – The Gold Price Is Fixed. So What?

We can’t ignore it anymore – the markets are rigged. The LIBOR scandal broke almost two years ago, and the banks found responsible for manipulating that key index are still dealing with lawsuits. Meanwhile, allegations of gold market manipulation have been simmering for over a decade and grew into an inferno after the spot price dropped dramatically last spring.

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Things That Make You Go Hmmm… Like “Anti-Gold Idiots”

gold_silver

Source: Zerohedge – Things That Make You Go Hmmm… Like “Anti-Gold Idiots”

This next paragraph contains what Grant Williams believes is the fundamental principle of investing in gold and silver, which so few people genuinely understand — despite the multitudes of commentators expending countless thousands of words.

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Gold purchases surge in China as prices slump in run-up to Spring Festival (Jan 2014)

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Source: Want China Times – Gold purchases surge in China as prices slump in run-up to Spring Festival

Notable excerpts:

Many shops selling gold in Beijing are catering to a steady stream of customers interested in buying the precious metal after gold prices started decreasing.

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