Zum Thema Zinserhoehungen und Goldpreis :
Alle grossen Edelmetall-Booms kommen gemeinsam mit steigenden Zinsen - speziell Staatsanleihnen (deren Zinsen steigen gerade). Wenn das finanzielle Erdbeben dann kommt, wird es spektakulär sein. Und wenn das Regierungsgeld nicht mehr genommen wird, ist es auch mit der Macht der Regierung vorbei.
2008-05-31: Hartgeld.com
[12:00] Aus Gold This Week von Bill Buckler (http://www.the-privateer.com![]()
Zur Goldpreis-Drückung der letzten Woche:
The paper markets for precious metals are "manipulated"? Of course. With all the other paper markets being manipulated within an inch of their lives, we could hardly expect the financial powers that be to neglect the markets for the alternative MONEY. The system as it stands is founded on the fact that any type of alternative medium of exchange to the one pumped out by those who rule us cannot be allowed to get a foothold. It may be tolerated as an alternative "investment", but it cannot for a moment be countenanced as an alternative medium of exchange. The influence of the government in the life of any nation is directly proportional to their control over what that nation uses as money. That is basic and fundamental. Government can't control Gold. It also can't control people who use Gold as money. It's as simple as that.
In "normal" times, when money is being inflated with impunity, the pressure to debunk the alternative is not great. But we do not live in "normal" times today, the monetary inflation has come home to roost, so the pressure to control the precious metals is extreme.
The monetary "authorities" can't control Gold, but they can control paper claims to Gold or paper derivatives based upon Gold. We saw another example of that over the week just ended. How much longer can this be maintained? That depends on how much longer people are more willing to accept what the government tells them about the state of the economy they live in than to accept the evidence of their own eyes - and minds.
The Fed has been inflating like maniacs ever since the credit crunch hit last August. Thus far, they have managed to just about hold the line for the US Dollar and US stock markets while watching the real economy fall out from under their paper markets. "Assets" based on debt are struggling mightily while the prices of real economic goods - raw materials of all descriptions - have soared. Indeed, the situation is now so "delicate" that yields on Treasury debt have now hit highs for the year.
We have said this many times before. All really BIG precious metals booms go hand in hand with RISING interest rates, especially rising rates on government debt paper. Rising Treasury yields indicate two things. One is the anticipation of higher prices - for REAL economic goods - to come. The other is a steadily increasing unease about the future purchasing power of the currency - the US Dollar. And well should this unease be increasing. There have been many reports this week that Asian nations are selling US Dollars in order to prop up their own currencies in an attempt to damp down double digit price inflation levels.
There are double digit price inflation levels in the US too, but they are NOT being reported. They are merely being suffered by those individual Americans who are still buying food or fuel. The chasm between economic reality and the statistical picture being put out by the financial powers that be has probably never been wider in US history. But it's still "working" on the paper markets for the precious metals. It will be interesting to see how much longer this lasts. The only thing we know for sure is that the longer it does last, the bigger the financial earthquake when it finally collapses.
GOT GOLD ?....buy it back from your Central Bank ! ![]()