Michael Noonan – Our pace for posting commentaries will slow down for August by design over the next few weeks, and for the last week of August, there will be no posting due to vacation time. This week, focus will be solely on the charts. There is so much going on in the world and with the Bread and Circuses election in the United States, the sum of which is enough to send the price of precious metals considerably higher, but the reality is price is still under the control of Chinese buying at bargain prices while the West’s central bankers try to keep alive the Ponzi scheme facade regarding gold and silver.
The globalists behind the fiat curtain have been exposed for their financial and political chicanery to keep the vastly underwater banking system “alive and well,” yet the public has no unified voice to be so shocked by the extreme theft by the bankers and their political hacks, so the game plays on.
Gold and silver reflect the only reality that exists in this sea of deceit, the U S strong-arming the vassal political union called the EU with no backbone or popular support, the ongoing disruption and war in the Middle East, the US using NATO to saber-rattle against Russia, forever provoking Putin and casting blame on Russia for much of the ills that go on around the world when only US fingerprints are to be found everywhere.