Philippa Malmgren, financial counselor to President George W. Bush, tells King World News today that it's easy for governments to influence the gold price, that they have motive to suppress it, and that governments that hold U.S. dollars and fear their devaluation have motive to accumulate gold to hedge their dollar exposure. Malmgren says she finds it "extraordinary" that countries seeking to hedge their dollar exposure "can increase their holdings of gold so dramatically and yet the price goes down." Her comments are posted at the King World News blog here:
http://kingworldnews.com/kingworldnews/KWN_Da...2014/4/18_Fo...
