In the conclusion of a series of articles about "asset bubbles," today's Financial Times shows that it is fully aware of market manipulation by central banks but still can't bring itself to put those words together in the same sentence, nor to mention gold in that context.
From today's article, written by the FT's Ralph Atkins:
"Investors have seen central bankers suppressing market volatility; the VIX index of expected U.S. share price movements, known as the 'Wall Street fear gauge,' is at a seven-year low. ...
"With their massively expanded balance sheets, central banks have come to dominate many markets, replacing the private sector. ..."
Too bad that the series ends short of any specification of the most sensitive market central banks are dominating. But mainstream financial journalism in the West can go only so far. Apparently mere hints are supposed to be considered heroic.
