Price of gold

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Category: Business & Finances

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Price of gold Reviews

Tony_lloydshare March 29, 2011
Who is Scamming the Gold Prices? Economist Tony Lloyd Shares His Opinion
Gold is at an all-time high price, but who is benefitting from manipulating the gold prices. Tony Lloydshares his opinion on the possible scam.

As the global economy continues to stagger, the prices of commodities such as gold and silver are rising as the dollar falls. Britain's famous economist Tony Lloyd recently shared his hypothesis on who is manipulating the gold prices, which could be the world's largest scam.

It's no secret that millions of people are investing their money into gold, knowing that in tough economic times, the price of gold rises when the dollar falls. Historically, the gold prices are linked to other commodities like oil, silver, platinum, and copper. With the US economy faltering and nearing the brink of bankruptcy, the US dollar is worth less and less each day.

Tony Lloyd shares his thoughts on exactly what is going on in the gold financial world: Someone is scamming the gold prices, but who? Lloydshares his opinions each week on his popular blog, and a recent article suggests that the gold prices are being manipulated.. a scam of grand proportions. Lloydshares his weekly blog posts with the world in the hopes that his insight into the financial world will assist those who aren't as knowledgeable with the financial systems.

Lloydshared the blog post last week about the scam of the world.. the manipulation of gold prices. Historically, the gold prices match the price of the dollar on an inverted graph. When the price of gold rose, the dollar would fall the same amount. Or vice versa.

However, recently the gold prices are taking much larger jumps. In February, 2011 the price of gold rose $11/oz over the course of a weekend. The amount of money made that weekend by gold hoarders is of a grand magnitude. How can the price of gold jump so much? Tony Lloydshares that it cannot increase that much, unless the price of gold is being suppressed, and that increase is an unnatural increase in normal circumstances.

The Lloydshared hypothesis puts the US Federal Reserve as one of the key-players in the scamming gold prices. Another party Lloydshared in his blog post is the central banks, who already fix the price of the currencies of the world.

Could Tony Lloyd be correct in the articles he shared with the world? Can the gold prices really be scammed that easily? Only time will tell.

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