Hugo Salinas Price – Gold Price – The Reds Against the Blues

Mr. Price begins his essay with:  “I do not have a crystal ball to tell me the future, nor do I have any special input from insider sources to inform me of what is going on; as a gold-bug I read what all the other gold-bugs are reading.

This past week I downloaded six graphs from kitco.com. They are the daily gold graphs for April 19, 20, 23, 24, 25 and 26, 2012.

The background to these graphs is the titanic bankruptcy of Europe and the impending end of the Euro, alongside the catastrophic condition of the US with its outlandish fiscal deficits for which no end is in sight, and an interest rate policy that cannot return to reality without causing instant collapse – all suspended for the time being in a condition of hypnotic levitation. …” – Mr. Price’ article continues at the link below.

Source: Plata.com (English)

http://www.plata.com.mx/mplata/articulos/articlesFilt.asp?fiidarticulo=186 ‘