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The American Empire in a Changing World



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Friday, August 24, 2012

James Turk: ''A short history of the gold cartel''

From 2009 and  GATA.org

''So the U.S. government intervenes in the gold market to make the dollar look worthy of being the world's reserve currency when of course it is not equal to the demands of that esteemed role. The U.S. government does this by trying to keep the gold price low, but this is an impossible task. In the end, gold always wins -- that is, its price inevitably climbs higher as fiat currency is debased, which is a reality understood and recognized by government policymakers.''

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