Thursday, August 23, 2012

Up To No Good!!!

Price of gold surges on Fed stimulus hopes; is it headed for $2,000? – Excuse me, says ~Jean, but where is the Fed going to get the money? They’re broke, but I guess the lamestream media doesn’t know that yet!

Do you suppose the banksters are trying to make another buck on us before it’s all over for them? They put out the word, the price goes up, they get in – and out at the top, and of course when they do, the little guy takes it on the chin – again …
Let me remind you what Ben had to say this week here:
“Furthermore, Neil Keenan’s liens against the source of cabal power, the central banks of the West and their puppet states in Japan and South Korea are now set to be refiled as early as this Friday, Keenan says. The new liens have way more evidence backing them than the original Keenan lawsuit ever did and can be seen here:”
If you haven’t taken the time to have a look at one of these, you really should. As a result your physical well being will improve quite noticeably :) Give it a try, and see if I’m right! ~J
Stimulus hopes drive gold riseGold surged on Thursday amid hopes for stimulus (Chris Ratcliffe / Bloomberg / August 23, 2012)
By Tiffany HsuAugust 23, 2012, 11:58 a.m.
The spot price of gold lurched up Thursday as anticipation of new stimulus measures worldwide grew.
The precious metal was up 1.9% to $1,669.10 an ounce, propelled in part by an unexpected rise in jobless claims that highlighted the job market’s weakness. And an HSBC report showing sagging manufacturing performance in China didn’t help.
Business activity in the Eurozone, including in normally stalwart Germany, is shriveling so fast that many analysts are predicting a recession for the entire region, based on new data from research firm Markit.
The minutes from the Federal Reserve‘s most recent rate-setting meeting, which were released Wednesday and featured a discussion of economic growth strategies, stoked talk that the bank would engage in a third round of bond-buying tactics known as quantitative easing, or QE.
Though the price dipped slightly Wednesday, gold has otherwise been on a six-day streak of increases. But the price is down from a year ago, when it soared to $1,858.30 an ounce not long after credit rating agency Standard & Poor’s downgraded U.S. debt.
“There’s the potential for China, Europe and the U.S. to all do QE at the same time this fall,” said Marin Aleksov, chief executive of precious metals broker Rosland Capital in Santa Monica. “It’s the perfect storm.”
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