The Israel Deception

Is the return of Israel in the 20th century truly a work of God, or is it a result of a cosmic chess move to deceive the elect by the adversary?

Showing posts with label greek bailout. Show all posts
Showing posts with label greek bailout. Show all posts

Tuesday, February 21, 2012

Gold surges once again back over $1750 an ounce

Gold responded this morning to the validation of a Greek bailout by moving up more than $20 to a nominal high of $1758.  This break over $1750 is in response to the bailout being tied to new and massive money printing required by the central banks to save Greece.

…we said "As a reminder, when gold was at $1900 last summer, central banks had pumped about $2 trillion less into the markets. We expect the market to grasp this discrepancy shortly." With gold about $30 bucks higher, the market is finally starting to "grasp it", and is now back to $1755, as silver passes $34. - Zerohedge



$1800 should not be too far away as the next round of QE infinity begins to bail out the system once again.