I can try... but the other two replies below also nailed it.
Maloney is a goldbug... and he is very convincing in my opinion. He has a great video series explaining why gold is real money. Everything he said should come true, except for the fact of the manipulation.
The real question is whether or not the market will eventually overcome the manipulation.
In the video I mentioned, he explained that as the USD enters its death throe, it will gain I strength and gold will fall... but its like the dip in a roller coaster before it goes up the first hill. In other words, gold will break free and ascend dramatically when the USD eventually enetrs the hyperinflation phase that he says is destined to happen and cannot be prevented (although it can--and has--been postponed
I can try... but the other two replies below also nailed it.
Maloney is a goldbug... and he is very convincing in my opinion. He has a great video series explaining why gold is real money. Everything he said should come true, except for the fact of the manipulation.
The real question is whether or not the market will eventually overcome the manipulation.
In the video I mentioned, he explained that as the USD enters its death throe, it will gain I strength and gold will fall... but its like the dip in a roller coaster before it goes up the first hill. In other words, gold will break free and ascend dramatically when the USD eventually enetrs the hyperinflation phase that he says is destined to happen and cannot be prevented (although it can--and has--been postponed