Comment by tonytran2015: The FRB has absolutely NO RESPONSIBILITY on gold price. Gold price goes up only because no other country still really wants to keep the dollars as an international reserve (https://survivaltricks.wordpress.com/2019/07/25/effects-of-trade-war-on-us-dollars-and-treasury-notes/)
By Paul Craig Roberts August 08, 2019 “Information Clearing House” – After years of being kept in the doldrums by orchestrated short selling described on this website by Roberts and Kranzler, gold has lately moved up sharply reaching $1,510 this morning. The gold price has continued to rise despite the continuing practice of dumping large volumes of […]
via Is the Federal Reserve losing control of the gold price? — Counter Information
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