Would have to be a Maloney book. The quote "in overly simplistic terms" seems to point to him because he seems overly simple to me.
@wrcmad I think you are right. The phrase: ...the guy who is printing the money... could very well be Maloney's language.
Overly simple indeed: "M1 was $1.86T in January 2011, and in March it hit $3.15T. This is a 69 percent increase ... the price of gold fell from $1900 in 2011, to $1050 late last year, or 45 percent." https://monetary-metals.com/should-the-gold-price-keep-up-with-inflation/
THERE"S a primary reason for the price suppression of gold, so that most people do not catch on to the hyperinflation of their currencies.
I think that is one of the weakest arguments for price suppression. I feel confident that if you radomly asked people in the street whether they looked at the gold price to tell them how much inflation there was the answer would be 99.9% say No. Said no one: Husband: "I'm looking at our grocery bills since 2011 and they seem to have been increasing" Wife: "No you must be wrong, nothing to worry about, the gold price has fallen 45% since 2011"
Who needs to argue that bullion price manipulation exists or not ? Didn't DB get fined and freely admit that this was their standard practice ? http://www.bloomberg.com/news/artic...ettles-silver-price-fixing-claims-lawyers-say Then there was Scotia and Barclays http://business.financialpost.com/n...land-in-court-over-alleged-price-manipulation. So Bron I am not sure what all this is all about - Its a fact the banks manipulate the bullion price like everything else. I don't believe its for some altruistic reason of mind control - I believe its for a much more basic reason - "profit". As the commercials hold a a record short position, I would believe that manipulation is going to be for lower prices. Will they succeed ? probably not.
Whoa... GoldenEye, hit the spot. How did you know it to that very detail PS: Thanks for the sharing as well.
