James Ledbetter: The strange secret history of Operation Goldfinger

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Published : June 12th, 2017
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Category : Market Analysis


11:15p ET Saturday, June 10, 2017

An excerpt published in The New Yorker magazine from James Ledbetter's new book, "One Nation Under Gold," describes the efforts of the U.S. government in the late 1960s to facilitate gold production without increasing the official gold price of $35 per ounce. The excerpt may be most remarkable for showing that once upon a time mining interests in the American West were capable of mobilizing their members of Congress against official price suppression. Fortunately for the U.S. government today, most gold and silver mining companies couldn't care less about price suppression, as they have little respect for their shareholders. The excerpt is headlined "The Strange Secret History of Operation Goldfinger" and it's posted at The New Yorker here:

http://www.newyorker.com/business/currency/th...t-history-of...

 

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Chris Powell is the secretary of the Gold Anti-Trust Action Committee (GATA) which has been organized to advocate and undertake litigation against illegal collusion to control the price and supply of gold and related financial securities.
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