With the onset of the Basel lll banking rules crafted by the Bank of International Settlements (BIS), will gold price suppression come to an end? Or will paper markets for gold and silver continue to operate and suppress precious metals prices, with the banks skirting BIS rules under the cover of the BIS itself?
Tag Archives: gold
Yes, Virginia, The Price of Gold IS Being Manipulated – But The Central Bank Dams May Not Hold Back Demand For Much Longer
Today’s column comes to you courtesy of Chris Powell, Secretary/Treasurer of the Gold Anti-Trust Action Committee (GATA). GATA has been – and remains- the premier organization documenting the how’s and why’s of global precious metals price and market manipulation. In this article, Chris gives an excellent summary of the mountains of evidence that have beenContinue reading “Yes, Virginia, The Price of Gold IS Being Manipulated – But The Central Bank Dams May Not Hold Back Demand For Much Longer”
As infinite money chases collapsing production, gold is on call
Authored by Chris Powell of GATA A few observations on the turmoil in the financial system. 1) Because of the virus epidemic, economic production is being sharply curtailed around the world and likely will remain sharply curtailed for some time. 2) Accordingly, personal incomes are being sharply curtailed too, so there is talk of “helicopterContinue reading “As infinite money chases collapsing production, gold is on call”
Precious Metals: More Monetary Conspiracy Than Theory
By Stuart Englert Demands for free markets and sound money are futile as long as precious metal prices are suppressed to defend the U.S. dollar. The U.S. government and its banking accomplices for decades have intervened in gold and silver markets to protect the world’s reserve currency from its primary nemesis: precious metals. Since theContinue reading “Precious Metals: More Monetary Conspiracy Than Theory”