Saturday, August 30, 2008

More on Manipulation

More rebuttal from GATA. Mish says "The U.S. government, foreign governments, central banks, various broker-dealers, and a consortium of 10 large U.S. banks are all acting together in some massive conspiracy to suppress the price of precious metals for 15 years running, and not a single insider has stepped up to expose the fraud".

Chris Powell of GATA lists out several insider admissions over the last 13 years.

I'll note that this manipulation of the price of gold is important in understanding Another. But Another takes a different view than GATA on the subject. While GATA sees it as something to fight, Another says it is neither good nor bad. It simply is the way it is. And you understand this and act on it by accumulating gold over time during this season of suppressed prices. Because he knows it will not last forever. And he says that gold only has to meet its true value in price once in your lifetime, and that will be more than enough!

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