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Home>Manipulation and Fractional Gold>Reuters notes that central banks trade gold every day but doesn't grasp what it means

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Reuters notes that central banks trade gold every day but doesn't grasp what it means

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Chris Powell

GATA

Published : April 23rd, 2014

70 words - Reading time : less than a minute

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Category : Manipulation and Fractional Gold


	Reuters has produced a news report about the currency markets that acknowledges not only that gold is primarily a competitive form of money but also that central banks are trading it surreptitiously every day. But of course the report fails to perceive and explain what that means -- that central banks are surreptitiously rigging the gold market and, with it, all other markets. Excerpts from the Reuters story are appended.

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IMG Auteur

Chris Powell 13 abonnés

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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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