GOLD - Guess who&amp;#8217;s in control&amp;#8230; &nbsp;hint: it&amp;#8217;s not &amp;#8220;we the people.&amp;#8221;
Since the economy tanked, there has been a crazy push to buy or invest in gold. Millions of people jumped on the bandwagon and simple economics dictates that as demand goes up for a product that exists in finite quantities, so does the price of said product. So, we watched as the price of gold rose from $650 an ounce in June of 2007 to over $1900 an ounce in September of 2011.&nbsp;
Everything was fine, because the wealthiest, including Wall Street and the Federal Reserve already had their wealth and if they invested in gold, it was long before this spike in price. BUT, the red flags began to pop up when state governments began considering moving back to a gold-backed currency. At the beginning of April, I saw a couple different stories on this topic, including this one from Bloomberg. When this happens, then the value of the Federal Reserve&amp;#8217;s fiat currency begins to truly be threatened, and those who&nbsp;wield&nbsp;the power, know something must be done.
Time for devaluation. Today saw a significant drop in gold prices, but also in silver prices too. This is how the privately held Federal Reserve Bank and Wall Street keep the value of the dollar afloat, despite it&amp;#8217;s complete lack of any real value whatsoever.&nbsp;