Indian Gold Buying Picks Up In Advance of Festival Season.
US Dollar Index Soars.
Trump Delivers “Because You’d Be In Jail” Line At Debate
Wikileaks Dumps Damaging Emails on Clinton, Main Stream Press Largely Ignores.
Press Focuses on Trump Groping Allegations.
Top Gold And Silver Stories from the week ended October 15, 2016.
The top story of the week: the Clinton Trump Debate- “You’d be in jail”
Series of wikileaks dump, Bill Clinton calls Trump supporters rednecks, protestors call him a rapist.
Why Gold And Silver Must Be Manipulated
Free press in the US now very expensive. Journalism no longer pays because of the decline in paid print media. Today main stream media does not rely on reader demand but rather on paid corporate sponsors and wealthy owners (Carlos Slim, Jeff Bezos) to support money losing operations. These owners and corporate sponsors control the editorial in order to advance their agendas. Owning a newspaper is a marketing expense, or cost of doing business.
A trifecta: corps/banks/politicians/media work to present and control narratives friendly to their interests.
Used to be senators were rich and avoided bribes, now people become Senators to get bribes and become rich.
— Smaulgld (@Smaulgld) October 14, 2016
Confidence required for a fiat system and Federal Reserve in charge of the economy to operate. Thus, they MUST manipulate gold and silver prices, economic data to sustain confidence in the system. When central banking did not have a full employment/economic mandate which has led them to lower rates, engage in stimulus, buy bonds and shares, these activities were not necessary, nor were the constant reporting and updates on their efficacy.