10-21-2014 07:04 AM
Paul Craig on the fed, dollar and gold
Oh starting at 29:30 ....34:30 if you don`t have alot of time. The fed "plunge protection team" buys with unlimited dollars to inexplicably prop the stock market and dollar up and through `necked shorts` keeps gold down. Those of you that are beer drinkers know about either having too many pretzels or not enough beer, that seems to be where the gold shorters that won`t have the physical to backup the paper, are headed one day...tomorrow...2 yrs from now ...10 yrs from now..who knows?
PCR also explains Russia at the begining...gooood stuff.
ZH about the `plunge protection team`