In this report I talk about an editorial written by the Financial Times of London in April of 2004 disparaging gold as an investment and asset. At the time the price of gold was at $400 per troy ounce and the FT argued that it was irrational to own gold and that modern central banks had figured out how to control inflation and manage the financial system.
Of course the FT has been completely discredited as gold went on to trade over $1000 less than four years later and then went on to trade almost to $2000 in 2011. I also argue that there is more to the manipulation of the gold price than just price manipulation as the FT is a mouth piece of the Globalist agenda and the free markets, sound money and competition is not something the Globalists appreciate as they a One World Government run by the financial elites.
I finish off by looking and briefly reviewing "Gold Wars", a book written by a former Rothschild banker from Switzerland in which he exposes the Globalist agenda to manipulate the gold price and keep the yellow metal away from the public consciousness.
My final conclusion is that gold and sound money will eventually win out as fiat money always fails.
"Gold Wars" by Ferdinand Lips:
▶️ DTube
▶️ IPFS
gold ,silver, crypto ,land and just little bit cash outside banking system
The Globalists' Biggest Enemy!
Nicearticle
Gold is king, paper money (US Dollar) like any empire will go as the dodo.
Load up on gold, silver and other solid tangible resources . Just make sure u dont deposit them in the bank:)
Hi @benjamin59, Could not agree more with your statement.
Good review on Daily Update market news,,,
Thanks a lot..
@upvoted
Gold and silver both are great as insurance for yourself - their value has persisted over time.
They are great assets to have in the case of of a financial crisis.....which is not too far away.
You agree with your conclusion that gold will eventually prevail, it is precious metal and retains its value ، good luck my dear friend @maneco64 👍👍😃
The editorial was a standard disinformation tactic by the Mainstream globalist fake news monopoly. I stopped reading FT and stuff like that over a decade ago. Turned off the TV too.
wow,you sharing very valuable tropie of gold market..Gold is good only if you have someone will to lay for it. It cant be used to drive any goal. really your knowledge skills very powerfull.i am always appreciating your post..your video always helpfull for every steemians.i see your video this time.i have a got new idea in your post.thanks to sharing for your great anylysis best article..very well done.. my dear friend.. @maneco64
i hope your video is very informational for us, now watching it, thank you sir for share.
sir Gold Wars in free shipping Uk, its really true ?
Gold is good only if you have someone will to lay for it. It cant be used to drive any goal. Once no one wants it, its gone
Its a very informative post sir thanks @maneco64
Keep on posting great articles wish I had the skill to write as well as you:)
Anyway, look forward to more insite you share.
Thanks for your good work
London . That .... :((
why sad ( face) make your comment clear. :(( just say you don't have ideas to share
Please share any new ideas
Thanks
animate time point that sure that many many users were hungry or it than that
personally i glad to you sir, and i appreciate this market
gold money, is superior to paper money, and already very many souls who spend money in the bank and invest in gold coins.