A former business associate of George Soros has revealed what entity was responsible for the recent takedown in gold and silver prices.
Here’s the report from King World News:
“Victor Sperandeo manages over $3 billion, has been in the business 45 years, and has worked with famous individuals such as Leon Cooperman and George Soros. Below is what Sperandeo had to say:
“Eric King: ‘Victor, in the aftermath of what transpired, what is your view of what has unfolded today?’
“Victor Sperandeo: ‘This smash in the gold price was different than the one in 2013. It wasn’t just gold today – this was across the board… Today was a result of pure propaganda from FOMC members. The FOMC cockroaches came out and spoke about raising rates. I call them the cockroaches because they run away if there is bad press about what they’ve said or done.’
“‘And remember, Eric, that the government is going to spend an astronomical amount of money in the 3rd quarter to make it look good for Hillary Clinton so she can win the election. Meanwhile, you have these cockroaches from the Fed saying they should raise rates because inflation is the problem. That’s absurd.'”
There you have it – the Establishment is “all-in,” and will do whatever it takes to get Hillary Clinton elected. It’s the sad intersection of politics, monetary policy and economics in America today. And it doesn’t matter if the so-called “markets” are manipulated and individual investors suffer in the process.
Do you think Donald Trump is a threat to the DC Establishment, and that’s why The Powers That Be are taking these extreme measures to make the economy look good through Election Day?
Give us your take in the comments section below.