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Richard's Remarks

 

The unusual and significant action in yesterday's close was that despite the higher dollar, gold and the entire universe of gold moved higher. Not a word of the bullish gold action has made the headlines of the financial newsletters. Something ominous is happening, something secret is happening, something frightening is happening and the newspapers dare not touch it. Money should be an object of wealth. The rise of fiat money has debased the world's currencies. The masters of the universe have taken over the world’s monetary system. This system is run for the benefit of the US. Only one nation is powerful enough to confront the US, and that nation is China. China’s real weapon that it will use to defeat the US fiat dollar is gold. The battle of gold against the fiat dollar is now in progress. The winner will be honest money, better known as gold.

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