Bullion naturally rises in U$D terms in the face of QE, money creation and low IRs. In order to protect the $ (and its reserve status) and make big profits for bullion banks like JPM and HSBC the Fed and those banks drive down bullion prices by the use of illegal uncovered shorts in the bullion futures (paper) markets. They then cover those shorts at the lower prices resulting from the selling that comes from triggering stop-loss orders and margin calls. Wash, rinse, repeat.
Shelter trying to frame a longstanding issue in a new light
'âTo discriminate against landlords and remove these reliefs, which are offered to other businesses, would cut a swath through their profitability calculations and prompt many to sell up and invest elsewhere. That would mean even higher rents for those forced to chase after a shrinking pool of rented housing,â he warned.' Who does this idiot think the houses would be sold to, if not the wealthiest tenants, whose removal from the pool of people looking for flats to rent would surely push demand down by as much as supply, in quantity terms, and more so in price terms, since wealthy people are prepared to spend more on rent? I'm really sick of this nonsense going unchallenged in the press.