The Brutal War Between Gold And The Federal Reserve – Is The Price Of Gold Really Headed To $20,000?

Friday, June 12, 2015
By Paul Martin

KingWorldNews.com
June 11, 2015

With everyone focused on the noise from the markets, today King World News thought it was a good idea to take a step back and look at the big picture of the war between gold and the Federal Reserve. This led to a remarkable question: Is the price of gold headed to nearly $20,000?

MacroTrends: This chart (below) shows the ratio of the gold price to the St. Louis Adjusted Monetary Base back to 1918. The monetary base roughly matches the size of the Federal Reserve balance sheet, which indicates the level of new money creation required to prevent debt deflation. Previous gold bull markets ended when this ratio crossed over the 4.8 level….

The Rest…HERE

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