Gold researcher Ronan Manly's detailed report for Russia Today on the
history and mechanisms of gold price suppression by central banks, called to
your attention by GATA a few hours ago --
http://gata.org/node/18112
-- has been quickly reprinted by the Daily Sabah, a major newspaper in
Istanbul, Turkey, that is published in English, German, Arabic, and Russian:
https://www.dailysabah.com/finance/2018/03/18...have-long-hi...
While it's good that word of the gold price suppression scheme is getting
around the world, it's even better here because the Daily Sabah is closely
aligned with the Turkish government:
https://en.wikipedia.org/wiki/Daily_Sabah
So presumably the Turkish government not only knows all about the gold
price suppression scheme but also approves of its exposure.
Of course being members of the Bank for International Settlements, the
coordinator of the gold price suppression scheme, most governments and
central banks also know about it and cooperate with it to some extent.
Indeed, six years ago the U.S. economists and fund managers Paul Brodsky and
Lee Quaintance argued in a thoughtful study that central banking's bigger
scheme with gold is to redistribute it among central banks to allow them to
hedge their foreign exchange exposure in U.S. dollars against the dollar's
inevitable devaluation and then to push the gold price way up to reliquefy
themselves:
http://www.gata.org/node/11373
As the scheme is surreptitious and involves rigging markets, it means
cheating nearly everyone around the world now and right through to its
conclusion, which is why it is a cosmic wrong. But as Manly's history of the
scheme suggests, proving its existence has become like proving a truism.
Central banks and governments don't deny the scheme; they just refuse to
discuss it and answer questions about it.
The only deniers left seem to be certain people in the monetary metals
industry itself for whom exposure of the scheme might be bad for their
business. The deniers are extras playing members of the crowd in a
re-enactment of the Hans Christian Andersen fable "The Emperor's New
Clothes." As they are assisting the bad guys, it's GATA's job to expose
them too.
