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Gypsy
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Why Isn’t Gold Higher?

- Rick Ackerman -

One of the flaws in your article is that you leave out the fact that some of the world's central banks are buying PHYSICAL Gold. Early on, in this twelve-year Gold Bull Run, the occasional fall-back in prices were explained away by the fact that Central Banks were selling tons of gold into the market and driving the price down. Now that the Central Banks are buying gold; how can you explain the gold prices STILL going down ?? There HAS to be some missing information here; some kind of overwhelming and powerful entity or group that consistently stays out of the Information Loop. Let's face it: that entity or group is holding down the gold price.

Commented 4098 days ago

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Beginning of the headline :My colleague and erstwhile nemesis Gonzalo Lira posed the question above in a recent essay, and it is indeed a most puzzling one. Given that the world’s central banks — joined most recently by a shockingly reckless Switzerland — are waging all-out economic war by inflating their currencies, shouldn’t gold be soaring,? In fact, prices have continued to meander between $1500 and $1700 since September of 2011, when gold topped out at $1945 after a spectacular run-up from $728 in just three years... Read More

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