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Philip Barton
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Some Answers to Doug Casey’s Questions

- James Turk - Goldmoney

The concept of a ‘price of gold’ is wholly misleading. In any science there is both the measure and that which is measured. The monetary science is no different. Gold (a store of stable value over time) is the measure, not the measured. Value is what gold measures, the value of paper money included.
It is paper money that is being manipulated, specifically confidence in paper money. To achieve this end it is necessary to, amongst other things, denigrate gold both as a concept and as a perceived value. Of course gold is manipulated; the constant need to manipulate the perception of value attached to paper money ensures this.
Philip Barton

Commented 4395 days ago

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Beginning of the headline : In the April edition of The Casey Report, Doug Casey tackles the matter of gold price manipulation.He does this in an excellent article comparing gold’s bull market today with the one in the 1970s, which both he and I remember well given that we are about the same age and both were active participants in it... Read More

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