Gold: Something Is Melting Down In The Global Financial System
SilverDoctors.com
April 7, 2016
The only conclusion we can draw from this is that something has blown up in the global financial system which caused unpredictable instability in – and loss of control over – the Fed’s manipulation mechanisms.
I believe the likely culprit is…
Submitted by Dave Kranzler:
Deutsche Bank is the financial system’s “Hurt Locker” – Investment Research Dynamics/Kranzler Research
It’s been well documented that the $/yen has been the “lever” by which the Federal Reserve and the U.S. Treasury ( via its Working Group on Financial Markets) has been manipulating the stock market higher and keeping a cap on the price of gold. Craig Hemke of TFMetalsReport.com has done a brilliant job documenting and commenting on this dynamic: It’s All About The Yen. I would recommend looking at his archives to see the historical context of his work.
The yen has been depreciating vs the dollar at a rapid rate since October 2012. Not coincidentally the SPX embarked on a nearly uninterrupted upward move that took it from 1099 in early October to its all time high of 2130 in May 2015. The correlation between the USD/YEN and the SPX was highly conspicuous, if not an outright signal of official market market intervention.
The Rest…HERE
