Endgame for the Gold Cartel Coming

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Financial writer Andrew Hoffman says things will spiral down so dramatically that, at some point, Yellen and the Fed will have to do an about-face on interest rates and resume QE (money printing) to try to pull the economy back up. The reaction for gold and silver prices will be to spike higher as Hoffman contends, “If the Fed actually comes out and says we are done with rate hikes and we are going back to easing again, I think a full flood of a dam breaking like in the Superman movie is what you are going to be seeing in the gold and silver markets. I don’t think the cartel will have a chance in hell of stopping the positive momentum. . . . Once the Fed admits it was wrong and there never was a recovery . . . I think that’s the endgame for the gold cartel.”

See the video here.

 

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