http://www.economicpolicyjournal.com/2014/05/peter-schiff-gold-price-is-fixed-so-what.html?showComment=1399295335489#c841660285630879064Leroy Fodor May 5, 2014 at 9:08 AM
Can people help me understand, other than Jerry wolfgang, who is clearly related to some morgan out there, I see a lot of good info here. I am not a super experienced trader, been doing it for about a year, had gains have losses bla bla but my account is a profitable one. I like trading gold, but I hate getting caught in these financial battles between the banks and their wallets. My question, I can not understand why COMEX would want to lower the value of gold when the demand is so High. If they are already having a hard time keeping up with the demand, would it not be financially stupid to purposefully devalue a product you need to sell? I saw that they sold 500 million in paper contracts to force the price of gold down, then read they could not satisfy the demand for gold right now. Please help me understand why they do this. If you want to answer me with "To raise the value of the dollar" why does the Commodities Exchange need to worry about the value of the dollar, isn't that someone else's responsibility? My thinking is, they would want the dollar to lose value so gold gets higher, and as the demand is high right now that means more money for them, right? I mean the lower the value of gold, the more bullion buyers will want to get their hands on it. TRUST and believe is Jerry Wolfgang Morgan up there is right, you can bet your donkey I will be buying as much bullion as I can at 800 an OZ. I get confused as to their intentions, do they think lowering the value of gold somehow will deter people from buying it. especially with its history? If that is their thinking I am surprised they are so wealthy.
When did Leroy Fodor have them 380 consecutive successful trades on Forex? Sometime after May 5, 2014, otherwise he sure as hell would've mentioned this amazing accolade in the above. HAHAHA Recall, Leroy retired from Forex trading when he got into Bitcoin, ~May 24, 2014. The practice account was sold to fully pay for the free put-together site he maintained to show others how they, too, will be able to go from nothing to owning
thier very own bitcoin mining farm. HAHAHA (with or sans west-facing solar panels surrounded on three sides by coconut trees) HAHAHA It wasn't long after this that Leroy Fodor hit the road and conducted seminars throughout the Philippines while he his wife worked and
thier two kids fend for themselves while both parents were away. HAHAHA
I have to admit one thing, to be perfectly honest. HAHAHA I sure am glad that I bumped into Leroy Fodor, thus making my life, and others, that much more entertaining. HAHAHA