Barry Stuppler–Yesterday’s Gold Price Intra-Day Upside Reversal Was Important 21.May.13

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Gold and silver were getting slammed yesterday and then presto, they finished up substantially. Helping this along was the threat by Moody’s to downgrade the US’s credit rating and the environment is being sewn for increased gold and silver. We are past the point of no return, austerity won’t work and neither will unfettered money printing. The war on gold entered a new phase recently with France banning gold purchases for cash and increasing government monitoring of all sales and purchases. Expect prices to start heading up shortly.

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