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RE: 6/29/17: ANDY HOFFMAN - PRECIOUS METALS' ULTIMATE DOWNSIDE PROTECTION

in #andyhoffman7 years ago (edited)

Thanks Andy, always appreciate your blogs and interviews. Just watched you with the bitcoin meister, great stuff.

Did you notice today how even when the JPY turned around and strengthened against the dollar, gold hardly rose at all? That currency pair seems to be the inverse pattern of the gold price, but not today when gold should have rallied. It's just amazing how they're getting gold to go down in the face of the dollar almost in free fall.

Dollar up = gold down
Dollar sideways = gold down
Dollar down = gold down

We must be getting closer to the end of the fiat regime, as the blatant manipulations are surely too visible now to continue hiding the truth?

I also don't think it's a coincidence that the cryptos are under price attack recently too. I suspect the central banks have been buying and then dumping to try and scare people away.

Cheers and all the best!

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sadly, Andy is only using this platform for publishing, without interacting.