der FED und ihrer Hintersmänner waren so dämlich, dass sie 20.000t Gold welches die USA am Ende der 40'er besaßen auf Null (wer glaubt noch, das die FED und ihr Anhängsel Comex 8000t Gold besitzen) geschrumpft haben weil sie es für sinnlos erklärten.
Nun erklären sie die Narrative: (Richtigstellung in den Klammern):
Theres not enough gold in the world to support trade and commerce.
(Thats false: theres always enough gold, its just a question of price. The same amount of gold supports a larger amount of transactions when the price is raised).
Gold supply cannot expand fast enough to keep up with economic growth.
(Thats false: It confuses the official supply with the total supply. Central banks can always expand the official supply by printing money and buying gold from private hands. That expands the money supply and supports economic expansion).
Gold causes financial panics and crashes.
(Thats false: There were panics and crashes during the gold standard and panics and crashes since the gold standard ended. Panics and crashes are not caused or cured by gold. They are caused by a loss of confidence in banks, paper money or the economy. There is no correlation between gold and financial panic).
Gold caused and prolonged the Great Depression.
(Thats false: Even Milton Friedman and Ben Bernanke have written that the Great Depression was caused by the Fed. During the Great Depression, base money supply could be 250% of the market value of official gold. Actual money supply never exceeded 100% of the gold value. In other words, the Fed could have more than doubled the money supply even with a gold standard. It failed to do so. Thats a Fed failure not a gold failure).
www.zerohedge.com/markets/...s-desperate-plans-discredit-gold
Genau andersherum verhält es sich richtig. Das ist die Formel, die immer wieder zutreffend ist.
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