This is a video (part 1 of 5) about the ESF that I found interesting. Perfect, no. But good background that should be included in FED basket. The FED is not in control and takes orders. Part 1 of 5.
https://www.youtube.com/watch?v=qTEFVwCNYfc
Part 2/5 ESF exchange stabilization fund
Part 3/5 exchange stabilization fund
Part 4/5 exchange stabilization fund
All linked together. Among the other duties of the ESF is to manipulate the price of gold. What the future of gold is, I do not know. If it is worthless, why manipulate the price?
JP Morgan on gold with intro questions. Differentiating between gold+mponey and credit instruments:
Untermyer:I want to ask you a few questions bearing on the subject that you have touched upon this morning, as to the control of money. The control of credit involves a control of money, does it not?
Morgan:A control of credit? No.
Untermyer:But the basis of banking is credit, is it not?
Morgan:Not always. That is an evidence of banking, but it is not the money itself. Money is gold, and nothing else.
https://dailyreckoning.com/money-gold-nothing-else/ This is Rickards - agree, disagree. This article is OK
Knowing that this is getting bigger and snowballing…..Is he trying to drive people to 4 chan in an attempt to control the narrative?