Thoughts On Rate Hikes, Money Printing and Jim Rickards

In times of universal deceit, telling the truth is revolutionary act. – George Orwell
A subscriber to my Mining Stock Journal sent me this correspondence a few days ago while the precious metals were being pushed lower by the bullion banks:
I read an article before the July 4th holiday from James Richards. He said that China would use the G20 meeting to push for the SDR. I kept this in the back of my head while the PMs were being smacked around in August. Zerohedge came out with this story today that more fiscal stimulus was coming: LINK
There’s no question that Fed co-chairman Stanley Fisher floated his ‘rate hike coming’ propaganda all week last week, starting with his useless speech at Jackson Hole, as a device to help the Comex banks smack gold with their fraudulent paper gold.
It’s now clear that gold was taken down ahead of the G20 meeting because the insiders knew that a call for more QE would emerge. And that’s about the only thing that emerged other than the amusing abuse of Obama by China and Russia.
This was my response to the above subscriber inquiry – I thought it was worth sharing:

This post was published at Investment Research Dynamics on September 5, 2016.