We have another article to share about the trade of the year with physical Gold flowing to China via multiple channels. With gold pushing five weeks high before FED meeting catalyst for higher prices could be just a few days ahead of us.
"Peter Schiff is very consistent in his views and even if his call for more QE sounds totally outrages do not discount it too fast. ZeroHedge reports that he is not alone in his observations. If it ever happens Gold will receive The Catalyst so many people are waiting for."
Peter Schiff On Gold Catalyst: Janet Yellen Exposed Part 2 - The Truth Behind the Myth GLD, MUX, TNR.v, GDX
Market is already reacting to Janet Yellen's appointment to the FED chair - US Dollar is solidly below crucial 80.00 level and Gold and Silver are in breakout stage this week.
"Jesse reports about the ongoing Game of Musical Chairs in the Western Fractional Reserve Gold System with manipulated LBMA and COMEX Gold markets. With China taking now all physical delivery from the system the entire Western Gold market is under enormous pressure.
We found it very positive that with more unleashed attacks on Gold - in order to redeem physical Gold from GLD ETF holdings - it is more and more difficult for Gold market manipulators to keep it under $1300. Physical demand is pushing the price right back up. Goldman Sachs clients are not doing very well if they Sold their gold below $1300 following the House Gold Sell Call. This week we had a very impressive breakout in Gold, Silver and Gold & Silver mining stocks."