There Are No Markets Any More, Only Interventions
When the Federal Reserve admits to rigging the market by buying and selling securities in “open market operations”, you’d think that would be a news story somewhere. Unfortunately, it’s only the independent news media, a few websites, and people who dare to read the government’s proxies’ own publications who know about this truth.
It actually makes more sense than the financial news headlines, which blame market moves in any given direction on contradictory and mindless dribble.
An actual declassified telegram to the US State Dept reveals how the US wants to remain the “masters of gold” and perform “reshuffling” among other nations to keep the appearance of having large gold reserves, in order to maintain dollar supremacy and the US dollar as the world’s reserve currency.
Does The Suppression of the Price of Gold Work Forever?
Considering that while a lot of this scheming was being brewed up by the US government and Federal Reserve the price of an ounce of gold was around 40 bucks, and now gold is around $1300/oz., it’s clear that the manipulation only works in the short-term.
Countries like China, Russia, and India are all aware of how the US and Western governments use derivatives to keep the price of gold from naturally rising. This could also be why they’re stocking up on gold now while it’s undervalued and gradually refusing to purchase US debt in the form of Treasuries, because one day, the US dollar will go the way of all other previous world reserve currencies throughout history.
I just wouldn’t want to be without gold and silver when it happens.