The Fed just dropped their rate by 50Bps

I happen to know quite a lot about the Fed.  Primarily it's NOT truly a Government body and it's shareholders are private banks.  Once you start there the money printing and rigged gold, silver and commodities markets all make sense.  Trump should shut that globalist grift down once he wins.

 

they may 'report' to Congress, but there is no true governmental control at all.

 

 

Edited on Sep 21, 2024 6:21am

A couple of days ago I asked Aaron to name a G-7 nation that has done better than the US since 2021. Still waiting.

Originally posted by: Aaron

I happen to know quite a lot about the Fed.  Primarily it's NOT truly a Government body and it's shareholders are private banks.  Once you start there the money printing and rigged gold, silver and commodities markets all make sense.  Trump should shut that globalist grift down once he wins.

 

they may 'report' to Congress, but there is no true governmental control at all.

 

 


There's nothing more hilarious than someone saying "I know a lot about xyz" and then immediately proving that he actually knows nothing about it. Yeah, yeah, it's all "rigged." Especially that "rigged gold." LO fucking L!

How much was JP Morgan fined for 'front running' and 'spoofing' gold markets?  Have you ever watched the pre-open reset of the price? You clearly don't know much about things, what were your pronouns again?  Might as well discuss something you are an expert on.

Edited on Sep 21, 2024 10:01am

Originally posted by: Aaron

How much was JP Morgan fined for 'front running' and 'spoofing' gold markets?  Have you ever watched the pre-open reset of the price? You clearly don't know much about things, what were your pronouns again?  Might as well discuss something you are an expert on.


The Fed has not jack diddly to do with gold markets, idiot.

Really?  Fiddling with interest rates and QE doesn't affect gold price?  You must be daft.  And the banks that own all the shares in the Fed diddling around with spoofs and front running prices don't affect markets?

 

The statutory rate for gold held by the U.S. government is $42.2222 per troy ounce. This is the value at which the Department of the Treasury records the value of the U.S. government's gold reserve.

 

As though that price for holdings doesn't mean jack?

 

 Haaa, your pronouns are Dumb/Dumber.  Thanks for playing.

Edited on Sep 21, 2024 5:24pm
Originally posted by: Aaron

Really?  Fiddling with interest rates and QE doesn't affect gold price?  You must be daft.  And the banks that own all the shares in the Fed diddling around with spoofs and front running prices don't affect markets?

 

The statutory rate for gold held by the U.S. government is $42.2222 per troy ounce. This is the value at which the Department of the Treasury records the value of the U.S. government's gold reserve.

 

As though that price for holdings doesn't mean jack?

 

 Haaa, your pronouns are Dumb/Dumber.  Thanks for playing.


No, stupid, because the gold market is international, stupid, and in any event, the factors you mention have a peripheral effect at most. You might as well say that the Fed's decisions affect Vegas room rates, because they sorta kinda maybe in way almost do.

 

The valuation for DoT gold holdings doesn't mean jack shit, because those reserves are unlikely to be sold and would never be sold at that price. So it's just a bookkeeping number, and doesn't influence the markets at all.

 

Dude, you're a demented conspiracy theorist, and you believe that it's all a Deep State conspiracy run by the Shadow Demons From the Planet Dweemo. I can't cure you of your nutjobbery, so I won't try. Besides, I sense that it's fun for you to live in your alternate reality. The world the rest of us live in can be boring.

Wowee Aaron, thanks for sharing so your Gold knowledge! Do you have any G-7 knowledge?

 

Specifically, how has Biden been able to best all those other major economies for the last few years?

 

Third request.

Originally posted by: MisterPicture

Wowee Aaron, thanks for sharing so your Gold knowledge! Do you have any G-7 knowledge?

 

Specifically, how has Biden been able to best all those other major economies for the last few years?

 

Third request.


The other economies are run by space aliens from the Globulax Nebula, and they don't do as well as we do, because their entire populations have been turned into robot slaves.

 

Hey, thinking like Aaron is fun!

Originally posted by: MisterPicture

Wowee Aaron, thanks for sharing so your Gold knowledge! Do you have any G-7 knowledge?

 

Specifically, how has Biden been able to best all those other major economies for the last few years?

 

Third request.


You took your pick of the biggest turd in the bowl and counted it a diamond.  There is your Biden-Harris economy vs the G-7.  

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