Gold

FOFOA represents the continuation of an ongoing interpretation of a very long running commentary on the shadowy world of gold, oil, and international currencies.

The linked commentaries go back for more than ten years, and provide a whole new perspective on gold price 'discovery' mechanisms.

One fascinating aspect of reading through some of the 'Thoughts', was that the current depressed prices of gold producers could be attributed to the fact that world wide aggregate gold production is declining on a year to year basis. If there are not more inventories, nothing to sell, and therefore no value for the company. The issues are much more complex than that.

As well, the gold producers a bit more diversified than the statement suggests.

I've been accumulating a number of open browser windows, and need to get them closed. The only way I can close them is to write about them. So here is a mish mash of things I've collected.

The first collection looks at gold price manipulation. Many commentaters are saying that gold is a safe investment for protection against today's faltering fiat money systems. They are also saying that gold could reach highs of $1500, $2000, or even $7000. Various conspiracy theories are indicating that JP MOrgan is acting on Government orders to keep the price of Gold and Silver down. This could be one indication of why the price of gold has been trading sideways for the last fews months in direct defiance of all the money being thrown gold's way through direct investment, futures, and ETFs. Continue reading "Gold Manipulation, Deficits, Money Theory" »