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SirJames
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>China is in on gold price suppression too  - Chris Powell - Gata
To understand the China, read "The Art of War". There are versions online. Doing that will explode the myth of the "inscrutable oriental". Certainly they would want the price to be low - why would they want it high, when they are almost always in acquisition mode. Most traders will conform they love it when the cabal smacks the price down - it's bargain time for them - but don't talk to them about paper. Most of us are so dumb or greedy that we keep playing right into their hands. "The Art of War" in describing how to deal with the enemy makes it very clear how they function, and how in our paper bullion markets, we must be the dumbest enemy they have faced in millennia.

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Beginning of the headline :Andrew Maguire's disclosure via King World News today that the Pan Asia Gold Exchange has been killed because of pressure brought in China by a New York financial house -- http://www.gata.org/node/11060 -- signifies that as much as gold advocates have seen China as an ally against the gold price suppression scheme, the Chinese government is cooperating with price suppression insofar as it serves the Chinese government's interests as well... Read More
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