- If the gold price is allowed to surge spectacularly, the banks manipulating the gold price will go bankrupt over night. The only way for them to get out of their losing positions is for the US government to revalue the price of gold overnight. They, can then declare force majeur.
- RT America
Global gold prices are hitting a two-month high following this weekend’s US strikes in Iraq and Syria. Meanwhile, China’s Commerce Ministry said on Sunday it has “proactively dealt with” trade frictions with the US this year. How will the trade war play out for gold and the US dollar? CEO of Euro Pacific Capital Peter Schiff joins In Question to dive in.