Gold has been controlled for thousands of years across the globe, and has been officially fixed - controlled by the US government since its inception until 1971. What makes anyone think that gold "freely traded" gold is any different? Of course the price is controlled. When they push fiat too far, as they have done numerous times in the past from East to West, control will move from behind the curtain to the "official" domain.
The banks, which do the Federal Reserve's bidding in the metals markets, have long been the government's lead actors in keeping down the prices of gold and silver, according to a former Goldman Sachs trader working at the London Bullion Market Association.
Source:
nypost.com
0 comments:
Post a Comment