You are here

Gold analyst Victor Hugo is convinced: Banks collude to suppress gold

Section: Daily Dispatches

12:34p ET Monday, June 16, 2003

Dear Friend of GATA and Gold:

Why, Peter Brimelow at CBSMarketWatch asks, are gold
and the gold shares running so strongly alongside a
rally in the general share market?

The answer he gets is that the Federal Reserve is
pushing interest rates so far below a zero real return
that money has nowhere else to go but into real assets,
and, of course, gold may be the realest of the real.

Is this what Von Mises called the quot;crack-up boomquot;?

You can find Brimelow's new commentary here:

a href=http://cbs.marketwatch.com/news/story.asp?guid=%7B1005013A%2DB80B%http:/...
2D43E1%2D8EAA%2D4A7BB3AE185A%7Damp;siteid=mktw

Or try this abbreviated link:

a href=http://ls.shapebyforce.com/sbf/204http://ls.shapebyforce.com/sbf/204/a

CHRIS POWELL, Secretary/Treasurer