Michael Noonan – There are far bigger concerns about which Americans remain woefully unaware, even within the Precious Metals community. How much demand there is for silver coins, how low is the supply for silver in contradistinction to an insatiable demand, China supposedly to set the price for physical gold to reflect reality once the Shanghai gold exchange got up and running, which it has been, etc, etc, etc, are not the most relevant factors, right now.
Almost all of the so-called PM experts/bloggers who report detailed information, and many available articles on the web focused on gold and silver, have collectively been untimely as to expectations in the ‘meteoric’ rise in prices that are supposed to reflect the realities of actual supply and demand. China will not be the country [even including the BRICS nations collectively] to rescue gold from the fiat-driven Western global elites who do whatever possible to make gold economically irrelevant on the world economic stage.
There is no one who has yet made a cause/effect argument for how gold and silver have been priced over the past five years for the simple fact of the proactive suppression by the central bankers acting at the behest of the globalists. Price suppression is artificial. It is impossible to reconcile fundamental realities to intangible artificialities. The two do not intersect, yet almost all interpretations/analysis/understanding of pricing gold and silver have been in vain because of unnatural existence of an ongoing circumstance that has no definable measure.
If, and it seems more probable when, the elite’s corporate operations, known as the federal UNITED STATES, fall apart due do the unsustainable debt creation, and the launching of so many regional wars around the globe in the service of maintaining the fiat Federal Reserve Note, “dollar, as the world reserve currency, then, and only then will we likely see the end of the decline in PMs and some degree of higher prices. Continue reading →