Catherine Fitt's Real Deal - Whats UP With Gold?

Published: Wed 12 Sep 2012 10:41 AM
Catherine Fitt's Real Deal - Whats UP With Gold?
Solari Update
Whats UP With Gold?
"In the absence of the gold standard, there is no way to protect savings from confiscation through inflation. There is no safe store of value."
-- Alan Greenspan
For most of 2012, gold and silver have been in a period of consolidation: both US equity markets and agricultural commodities have outperformed precious metals. But, as Franklin Sanders predicted in last months Solari Report, this period of consolidation appears to be over.
Gold and silver prices have moved up sharply.
Whats behind this move? More importantly, now that were coming into the strongest time of year for precious metals, will prices continue to climb?
There are two factors driving precious metals prices:
• The long term primary trend
• Monetary policy, both in the US and around the world
With US monetary aggregates up 6-11% between April and July of this year -- and this is before quantitative easing --the impact on all prices could be dramatic if QE3 happens. Of course, this would include gold and silver.
In this week's Precious Metals Market Report, Franklin Sanders and I will discuss recent actions by the ECB and the Fed: how increased central bank intervention could affect metals prices.
In Lets Go to the Movies, Ill review Michael Murphys outstanding new documentary, WHY In The World Are They Spraying? Do you think there is a drought? After seeing this film, youll think differently.
Please join me on Thursday's Solari Report to continue this conversation...
-- Catherine Austin Fitts
From The Blog
Canada Closes Tehran Embassy and Orders Iran Envoys to Leave
Calling Iran "the most significant threat to global peace and security in the world today," Canada's foreign affairs minister, John Baird, abruptly announced Friday that his government had cut all diplomatic ties with the country.
Privately Run Cities: Honduras Sets the Stage
...this thing is far and away the most breathtaking voluntary forfeiture of sovereignty by a state that I've ever encountered.
Big Rally on Wall Street
Are Organic Foods Safer and Healthier Than Conventional Alternatives?
Steve Hanke and Nicholas Krus, "World Hyperinflations"
AIG Shares Fall After U.S. Says it Plans $18 Billion Sale
Project Aims to Harness the Power of Waves
NASA Helps Hatch Robots for Drilling Oil Without Humans
An Anniversary Prayer - September 11, 2012
Recent Interviews
Several of Catherine Austin Fitts' recent interviews are now available as videos / audio clips:
USAWatchdog - Sept 5, 2012
10 Action Steps You Can Take to Rebuild America
KPFA Radio - Sept 3, 2012
$2500 Gold Means War
Financial Survival Network - Aug 29, 2012
Join Us in Tennessee
Too often, many of us feel as if we are struggling alone. Where are the other responsible, successful people who have chosen to understand what is happening in the world and to take positive action?
Please join us in the beautiful countryside of Tennessee onOctober 12-14, 2012 to meet many other wonderful people just like you. We want to explore how we can manage the change that is accelerating in our lives and how we can find, network and help each other to be more intelligent, more joyful and more of service in the days ahead. Learn more...
About The Solari Report
The Solari Report is a live one-hour briefing with Catherine Austin Fitts which takes place at least 3-times a month. Subscribers receive access to:
• The complete archive of Solari Reports via MP3 recordings
• The streaming version of Catherine Austin Fitts DVDInvestment Strategies for Changing Times
• Special Reports and Alerts throughout the year
• The complete collection of (17) Solari Audio Seminars
Learn more and subscribe...
Nothing in this Solari Update should be taken as individual investment advice. Anyone seeking investment advice for his or her personal financial situation is advised to seek out a qualified advisor or advisors and provide as much information as possible to the advisor in order that such advisor can take into account all relevant circumstances, objectives, and risks before rendering an opinion as to the appropriate investment strategy.
© Solari, Inc. 2010-2012
Catherine Austin Fitts
Publisher of The Solari Report
The Solari Report's mission is to help you build wealth in ways that build real wealth in the wider economy. We believe that personal and family wealth is a critical ingredient of both individual freedom and community health and wealth.
Contact Catherine Austin Fitts

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