"At the exact time that the one asset is supposed to defend against reckless Fed monetary policies should be going higher, it's going the opposite way...and you're telling me this isnt' a manipulated market?"
The current period reminds of 2008. The price of gold was overtly manipulated lower ahead of the de facto collapse of the financial system. It's highly probable the Central Banks are once again setting up the markets for another financial collapse, which is why it's important for them to remove the dead canary from the coal mine before the worker bees see it.
Craig "Turd Ferguson" Hempe invited me to join him in a discussion about the large drop in the price of gold last week and why it points to official intervention in the gold market for the purpose of removing the warning signal a rising price gold transmits about the growing risk of financial and economic collapse.
You can click on the sound bar below or follow this link: TF Metals Report to listen to our conversation.
http://investmentresearchdynamics.com/wp-content/uploads/2019/04/TF-Metals.mp3*************
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