Modern-Day Gold Confiscation Is Happening Right Now. Part 3.

in #money2 months ago

Today we will look at how the price action in gold and silver has put off many of those who have a so-called weak hand from owning gold and therefore selling their holdings.

We also think that the policy on gold and the manipulation of bond prices creates what is called financial repression which is basically daylight robbery of savers by governments.

Negative real interest rates are how the general public's wealth is confiscated and the perceived volatility in gold and silver also keeps the public away from protecting their savings with real money.

Wikileaks document- LONDON WHOLESALE GOLD DEALERS' VIEWS ON U.S. GOLD SALE AND PRIVATE U.S. OWNERSHIP: https://wikileaks.org/plusd/cables/1974LONDON16154_b.html

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