This video was originally posted on Feb 21, 2011
Chris Powell: Market manipulations largely a government operation usually through intermediaries, investment houses (institutional investors)… documents show U.S. policy for many decades.
Lawrence Summers (Harvard Professor of Economics) in 1988 wrote: The price of gold is an enormous determinant, not only in the value of currencies, but of the level of interest rates and the value of government bonds.
…government massaging the information that reaches the public so that the public gets a false impression… this is government power, central bank power… either gold would be their master or they would be gold’s master.
Interview between GATA’s Chris Powell and James Turk
James Turk, Director of the GoldMoney Foundation and founder of GoldMoney, interviews GATA’s Secretary/Treasurer Chris Powell. The 34-minutes interview, recently shot in London, offers deep insights into the workings of the gold market. Chris discloses in detail all of the different actions that GATA is currently taking. The gold price suppression scheme is being explained from A to Z. This video is a must-watch for anyone with a clear interest in gold and free monetary markets.
RELATED:
https://ronmamita.wordpress.com/2013/11/15/there-is-not-one-single-national-economy-in-the-world-today-whose-people-are-free/
https://ronmamita.wordpress.com/2013/08/05/finance-policy-changes-and-geopolitics/
https://ronmamita.wordpress.com/woas/institutional-reports/
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Here is more information on the ESF:
We don’t have free markets anymore, it is all arbitrary. Everything is micro-managed by the Exchange Stabilization Fund. The ESF was created by the U.S. Congress in 1934 …to defend the U.S. Dollar as the world’s reserve currency… by dictating through the derivatives complex, which I refer to as a Price Control Grid, they are able to dictate and arbitrarily set the price of all strategic goods in the market… -Rob Kirby
Rob Kirby of KirbyAnalytics.com claims the U.S. “arbitrarily set the price of all strategic goods in the market.”
As an example of control, Kirby explains, “We have 10-year U.S. bond rates under 3%, and I would say the United States is actually insolvent, and we have countries like Greece where 10-year bonds are yielding over 9%.” When does this end? Kirby points to look to the finite physical gold market and massive Chinese global buying for a clue.
Kirby says, “When China doesn’t get their gold, that’s when this ends, and that might be when we have a war.”
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PM Fund Manager: 57 Tons of Gold Drained From Shanghai Vaults in Past Week!
On this week’s SD Weekly Metals & Markets Dave Kranzler (Dave in Denver) joins the Doc and Eric Dubin for a discussion on real estate, the economy, & the gold and silver markets. This week’s show covers:
1. This week’s trading: hedge fund short covering going into end of week;
2. 10 year T-bond breaks 3% and closes the week above the critical level!
3. Massive Chinese gold imports continue as 57 tons of gold drained from Shanghai vaults in past week!
4. Kranzler states the real estate market is rolling over- will give up entirety of bear market bounce over Q1 2014!
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Reblogged this on Spartan of Truth.
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silver, gold, stocks, & bitcoin – charts, news, & 2014 outlook
“In 2014 Expect:
BIGGER GOVERNMENT.
Worse Economy.
More War.
Less Liberty
[Institutional Exchange Markets] precious metals doing what they are commanded to do” -DRUTTER
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MUST WATCH!! 7 Steps to The Global Economic Reset & U.S. Dollar Collapse
The globalists are planning for economic collapse and war…
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