BREAKING NEWS: RUSSIA INCREASES GOLD BUYS 600%

Housekeeping: Good Morning.

Gold revaluation is a process not an event

Today:

• Premium Analysis: The 1974 US Plan to “Raid Gold’s Price Once and for All

  • Bonus NFP prep in less than 50 words

• News: RUSSIA INCREASES GOLD BUYS 600+%

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Premium Analysis:

The 1974 US Plan to “Raid Gold’s Price Once and for All”

In May 1975, the United States duly announced plans to sell 500,000 ounces of gold intended “to cause a big market slide and demonstrate to the international community that gold was too wildly erratic an asset on which to base monetary values”

Scheduled for today 4P.M.: The 1974 US Plan to “Raid Gold’s Price Once and for All

News:

RUSSIA INCREASES GOLD BUYS 600%

(GoldFix News)— Gold is up $20 this morning. This is likely the reason. Today Tass News reported a significant increase in Russian Gold buying for its next fiscal month. This could trigger the biggest seasonal rush into Gold ever

Post Live: Breaking News: Russia Grows Gold, Fx Purchases by 600%