Tag: GATA
In my article «The Central Banks’ Gold: a Story of Silent Expropriation», I wrote that following the collapse of the gold-dollar standard, central banks in leading «golden billion» countries had been engaged in a variety of covert operations with the yellow metal. As a result, gold has gradually and systematically been disappearing from the vaults of central banks. In the near future, the complete devastation of these gold storerooms can be expected, which will be a milestone event in global finance and global politics…
By the end of XX the most meticulous, nit-picking experts started to suspect there was something wrong with the gold market operations. To be exact: even if the gold prices were not getting lower, still they were evidently lagging behind the price hikes for all other world market commodities. Gold prices went down against the stock exchange indices, real estate etc. No large deposits were discovered at the time, no golden meteorites fell on earth. Underestimated prices were hard blows against gold producers. Some of them wanted to make head or tail of it, so they created GATA (Gold Anti-Trust Action). They suspected there was a group of wrong doers conducting activities on the world market who were united in a trust that manipulated gold prices to bring them down…