Intervention, manipulation and suppression
''We have gold intervention, manipulation and suppression by governments, banks and hedge funds. We have a paper market in gold which is around 100 bigger than the physical market, facilitating this market intervention.Governments dislike gold since it reveals their deceitful actions in destroying the value of paper money by printing unlimited amounts of it. The media don’t understand gold. Financial TV ridicules gold and even the most respected newspapers, like the FT, don’t appreciate that gold is money.
But in spite of all the adversity that gold has encountered in the last 12 years, the yellow metal has still appreciated over 6 times since 1999. And even with the major investment demand that we have seen in the last few years, only 1% of world financial assets are in gold.''
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