Written by dt on .
Published on Nov 15, 2016
Macroeconomic analyst Rob Kirby
explains the violent moves in the markets by saying, “We really do not
have markets anymore. We have interventions, and we have massive fraud
committed on a daily basis in what we call our capital markets. Our
capital markets have become nothing more than a crime scene.”
Look no further than the gold market on election night. The stock market
was 800 points down in the red, and gold was way up in the black. All
that reversed in a matter of a few days. How did the powers pull off a
stunning reversal, especially with the skyrocketing price of gold? Kirby
says, “It was roughly 8,000 metric tons from late election night
through Friday. It’s up in the area of three years of global production
in the paper markets in the space of three days. . . . It’s a staggering
amount, and the old saying goes if something is too good to be true, it
isn’t true. It is too big of a story to believe that there exists 8,000
tons of gold to sell because there clearly isn’t.”
Join Greg Hunter as he goes One-on-One with Rob Kirby of
KirbyAnalytics.com.
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source: http://www.stage2omega.com/