Sarcophagus of a queen. This upper part of a sarcophagus displays the portrait of a young queen of the New Kingdom, Dynasty 18. A magnificent Inpw (Anubis as a jackal), “he who is over the secrets,” rests upon a column of secret words. Sadly, we will never know her identity and, according to Egyptian beliefs, unless someone pronounces her name, she loses the eternal life she hoped for.
The latest gold takedown (breathtaking in it’s extent) was created by The Fed and the big banks on Wall Street. There is no fundamental reason for gold to be down $250 in less than a week. This was planned and executed to maintain confidence in the U.S. dollar as the Fed continues to print at least $85 billion a month. Here are some well thought out articles and radio interviews explaining what is happening. This is a generational buying opportunity, if you can find any real supply.-Lou