Not sure why the spike, especially with the .25 % rate increase today. Prob cause the market was expecting .50%.
The Precious Metals markets (predominantly gold and silver) are extremely manipulated via derivatives/paper market. Part of my awakening these past two years has been learning about this aspect of world financial corruption. Now, TBH, what I don't know could fill Fort Knox (cause it's prob empty), but BRICs is advancing their system and there is no stopping it. It's growing with more countries joining, Saudi Arabia announcing possibly joining (HUGE if happens) which will surely jeopardize the U.S's stranglehold on reliance on the dollar. Meanwhile, same said BRIC's nations are gobbling up gold and silver (along w/ a lot of big banks) much more this past year. IMO, if you think the dollar has lost value this past year(s) (and it has), just wait for the boatload of US bonds and bucks to come pouring back to the States because half of the world doesn't need them as much anymore. Not financial advice but I've been trading in my soon to be worthless dollars for physical PM's. The only reason the dollar has been hanging in there this long is because it's the fattest pig in the trough.
Not sure why the spike, especially with the .25 % rate increase today. Prob cause the market was expecting .50%.
The Precious Metals markets (predominantly gold and silver) are extremely manipulated via derivatives/paper market. Part of my awakening these past two years has been learning about this aspect of world financial corruption. Now, TBH, what I don't know could fill Fort Knox (cause it's prob empty), but BRICs is advancing their system and there is no stopping it. It's growing with more countries joining, Saudi Arabia announcing possibly joining (HUGE if happens) which will surely jeopardize the U.S's stranglehold on reliance on the dollar. Meanwhile, same said BRIC's nations are gobbling up gold and silver (along w/ a lot of big banks) much more this past year. IMO, if you think the dollar has lost value this past year(s) (and it has), just wait for the boatload of US bonds and bucks to come pouring back to the States because half of the world doesn't need them as much anymore. Not financial advice but I've been trading in my soon to be worthless dollars for physical PM's. The only reason the dollar has been hanging in there this long is because it's the fattest pig in the trough.